ASL
ActiveSummary
ASL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,878 and a net result of €199. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-23
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 9.42 against 6.05 in 2024; short-term debt: 10.6% and cash: 82.9% of total assets), and 10.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
49 d early
2023
70 d early
2022
62 d early
2021
53 d early
2020
66 d early
2019
81 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€35,878▲ 0.6%
2024 · €35,678
Total assets
€40,139▼ 5.9%
2024 · €42,672
Net result
€199▼ 97.5%
2024 · €7,883
Working capital
€35,878▲ 1.5%
2024 · €35,339
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,912-€5,734▼ 200%-€1,605▲ 72.0%€11,784€487▼ 95.9%
Net result€2,871within the sector's middle half▼ 91.6%-€1,888within the sector's middle half-€2,431within the sector's middle half▼ 28.8%€7,883within the sector's middle half€199within the sector's middle half▼ 97.5%
Equity€53,711within the sector's middle half▼ 29.6%€41,963within the sector's middle half▼ 21.9%€39,531within the sector's middle half▼ 5.8%€35,678within the sector's middle half▼ 9.7%€35,878within the sector's middle half▲ 0.6%
Total assets€78,999within the sector's middle half▼ 30.9%€46,167below the sector's middle half▼ 41.6%€41,802below the sector's middle half▼ 9.5%€42,672below the sector's middle half▲ 2.1%€40,139below the sector's middle half▼ 5.9%
Debt€25,288▼ 33.5%€4,204▼ 83.4%€2,270▼ 46.0%€6,994▲ 208%€4,261▼ 39.1%
Working capital€39,850▼ 30.9%€39,276▼ 1.4%€38,256▼ 2.6%€35,339▼ 7.6%€35,878▲ 1.5%
Solvency68.0%above the sector's middle half▲ 1.3pp90.9%above the sector's middle half▲ 22.9pp94.6%above the sector's middle half▲ 3.7pp83.6%above the sector's middle half▼ 11.0pp89.4%above the sector's middle half▲ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €40,139
Equity
€35,878 ▲ 0.6%
Debt
€4,261 ▼ 39.1%
Debt's share of the balance-sheet total falls from 16.4% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€826▼
2024 · €12,720
Cash flow
€539▼
2024 · €8,819
Current ratio
9.42▲
2024 · 6.05
Debt to equity
0.12▼
2024 · 0.20
ROE
0.6%▼
2024 · 22.1%
ROA
0.5%▼
2024 · 18.5%
Interest coverage
10.76▼
2024 · 153.40
Debt ≤ 1 year
€4,261▼
2024 · €6,994
Income taxes
€211▼
2024 · €3,818
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5,289 | €5,186 | €4,872 | €450 | ▼ 90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,174 | €11,174 | €2,659 | €936 | €339 | ▼ 63.8% |
| Other operating charges640/8 | €3,997 | €2,194 | €2,070 | €1,591 | €489 | ▼ 69.3% |
| Gross operating margin9900 | €13,259 | €7,634 | €3,123 | €14,311 | €1,315 | ▼ 90.8% |
| Operating profit (loss)9901 | -€1,912 | -€5,734 | -€1,605 | €11,784 | €487 | ▼ 95.9% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | €203 | €268 | €79 | €83 | €77 | ▼ 7.4% |
| Recurring financial charges65 | €203 | €268 | €79 | €83 | €77 | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | -€2,115 | -€6,002 | -€1,685 | €11,701 | €410 | ▼ 96.5% |
| Transfer from deferred taxes780 | - | €4,930 | - | - | - | - |
| Income taxes67/77 | -€4,986 | €816 | €747 | €3,818 | €211 | ▼ 94.5% |
| Profit (loss) for the period9904 | €2,871 | -€1,888 | -€2,431 | €7,883 | €199 | ▼ 97.5% |
| Transfer from tax-exempt reserves789 | €25,455 | - | - | - | - | - |
| Transfer to tax-exempt reserves689 | €25,455 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €2,871 | -€1,888 | -€2,431 | €7,883 | €199 | ▼ 97.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78,999 | €46,167 | €41,802 | €42,672 | €40,139 | ▼ 5.9% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €13,861 | €2,686 | €1,276 | €339 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €13,861 | €2,686 | €1,276 | €339 | €0 | ▼ 100% |
| Land and buildings22 | €4,505 | €2,686 | €1,276 | €339 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | €0 | €0 | €0 | - |
| Leasing and similar rights25 | €9,355 | - | €0 | - | - | - |
| Current assets29/58 | €65,139 | €43,480 | €40,526 | €42,333 | €40,139 | ▼ 5.2% |
| Amounts receivable within one year40/41 | €3,818 | €2,431 | €9,866 | €4,744 | €6,849 | ▲ 44.4% |
| Trade receivables40 | €3,818 | €2,431 | €2,171 | €2,407 | €2,886 | ▲ 19.9% |
| Other amounts receivable41 | - | - | €7,695 | €2,337 | €3,963 | ▲ 69.6% |
| Cash at bank and in hand54/58 | €60,455 | €41,049 | €30,660 | €37,589 | €33,290 | ▼ 11.4% |
| Deferred charges and accrued income490/1 | €866 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78,999 | €46,167 | €41,802 | €42,672 | €40,139 | ▼ 5.9% |
| Equity10/15 | €53,711 | €41,963 | €39,531 | €35,678 | €35,878 | ▲ 0.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €47,435 | €42,505 | €42,505 | €30,769 | €30,769 | = |
| Non-distributable reserves130/1 | €47,435 | €42,505 | €42,505 | €30,769 | €30,769 | = |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €45,575 | €40,645 | €42,505 | €30,769 | €30,769 | = |
| Profit (loss) carried forward14 | €76 | -€6,742 | -€9,173 | -€1,291 | -€1,091 | ▲ 15.4% |
| Amounts payable17/49 | €25,288 | €4,204 | €2,270 | €6,994 | €4,261 | ▼ 39.1% |
| Amounts payable within one year42/48 | €25,288 | €4,204 | €2,270 | €6,994 | €4,261 | ▼ 39.1% |
| Current portion of amounts payable after more than one year42 | €6,448 | - | - | - | - | - |
| Trade debts44 | €12,413 | €2,856 | €535 | €213 | €3,745 | ▲ 1,659% |
| Suppliers440/4 | €12,413 | €2,856 | €535 | €213 | €3,745 | ▲ 1,659% |
| Taxes, remuneration and social security45 | €4,016 | €1,348 | €1,735 | €6,781 | €516 | ▼ 92.4% |
| Taxes450/3 | €4,016 | €1,348 | €1,735 | €6,781 | €516 | ▼ 92.4% |
| Other amounts payable47/48 | €2,412 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,871 | -€1,888 | -€2,431 | €7,883 | €199 | ▼ 97.5% |
| + Depreciation and write-downs630 | €11,174 | €11,174 | €2,659 | €936 | €339 | ▼ 63.8% |
| Operating cash flow (approximation) | €14,045 | €9,286 | €228 | €8,819 | €539 | ▼ 93.9% |
| Investment in fixed assets (approximation) | - | €0 | -€1,248 | €0 | €0 | - |
| Change in cash | - | -€19,406 | -€10,389 | €6,929 | -€4,299 | ▼ 162% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7,883
Net result €7,883 after 2 loss-making years.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 10.34
Current ratio from 2.58 to 10.34; short-term debt falls from €25,288 to €4,204.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €34,144
Net result €34,144 after 2 loss-making years.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 1999
Ground area
661 m²
Building footprint
190 m²
Volume, LiDAR
768 m³
Parcel 46382B0425/00N000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Philip Van Kerrebroeck
since 19992.091.587.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B0425/00N000 | Flanders | 661 m² | 1 · 190 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ECAP
BE 0465.689.872
Manage · Eq €36,016
NIROX
BE 0454.822.607
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ANABAC
BE 0644.943.694
Braine-l'Alleud · Eq €36,031
Of 6,146 companies in sector 46190 we hold annual accounts for 2,576. 1,853 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
47783Retail trade
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466243663
Also
9925:BE0466243663
Registered
30-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.