ASL EFE
ActiveSummary
The computed 12-month bankruptcy probability of ASL EFE is 2.1% (moderate). The 2025 annual accounts show equity of €15k and a net result of €13k. Its solvency ranks better than 30% of 18400 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+24
Solvency36▲+9
Growth78
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.95 against 0.82 in 2024; short-term debt: 89.3% and cash: 9.9% of total assets), and 89.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
13 d late
2024
12 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 486%
2024 · €3k
2024: €3k
2025: €15k▲ +486% vs 2024
2024 → 2025
Total assets
€142k▲ 27.5%
2024 · €112k
2024: €112k
2025: €142k▲ +27.5% vs 2024
2024 → 2025
Net result
€13k
2024 · €-397
2024: €-397
2025: €13k▲ +3285% vs 2024
2024 → 2025
Working capital
€-7k▲ 63.7%
2024 · €-18k
2024: €-18k
2025: €-7k▲ +63.7% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€3k-€15k▲ 486%
2024: €3k
2025: €15k▲ +486% vs 2024
Operating result€4k-€26k▲ 542%
2024: €4k
2025: €26k▲ +542% vs 2024
Net result€-397-€13k
2024: €-397
2025: €13k▲ +3285% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 542% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€22k ▼ 25.8%
Current assets
€120k ▲ 46.8%
Equity and liabilities €142k
Equity
€15k ▲ 486%
Debt
€127k ▲ 16.6%
Debt's share of the balance-sheet total falls from 97.7% to 89.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2024 · €8k
Cash flow
€20k▲
2024 · €3k
Current ratio
0.95▲
2024 · 0.82
Quick ratio
0.62▲
2024 · 0.31
Debt to equity
8.33▼
2024 · 41.86
ROE
82.9%▲
2024 · -15.3%
ROA
8.9%▲
2024 · -0.4%
Interest coverage
3.20▲
2024 · 1.75
Debt ≤ 1 year
€127k▲
2024 · €100k
Income taxes
€3k▲
2024 · €0
Staff costs
€70k▲
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€142k▲
Fixed assets21/28€30k€22k▼
Intangible fixed assets21€14k€13k▼
Tangible fixed assets22/27€15k€9k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€82k€120k▲
Stocks and contracts in progress3€51k€41k▼
Stocks30/36€51k€41k▼
Amounts receivable within one year40/41€24k€65k▲
Trade receivables40€22k€56k▲
Other amounts receivable41€1k€9k▲
Cash at bank and in hand54/58€303€14k▲
Deferred charges and accrued income490/1€7k-
Equity and liabilities
Total equity and liabilities10/49€112k€142k▲
Equity10/15€3k€15k▲
Contributions10/11€3k€3k=
Reserves13-€12k
Distributable reserves133-€12k
Profit (loss) carried forward14€-397€0▲
Amounts payable17/49€109k€127k▲
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€100k€127k▲
Current portion of amounts payable after more than one year42€10k€615▼
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€70k€68k▼
Suppliers440/4€70k€68k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€6k€25k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€4k€16k▲
Other amounts payable47/48€15k€26k▲
Income statement
Code20242025
Remuneration, social security and pensions62€34k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€499€2k▲
Gross operating margin9900€42k€106k▲
Operating profit (loss)9901€4k€26k▲
Financial income75/76B€35€69▲
Recurring financial income75€35€69▲
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€-397€16k▲
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€-397€13k▲
Profit (loss) for the period to be appropriated9905€-397€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-397€12k▲
Profit (loss) brought forward from the previous period14P-€-397
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €34k | €70k | ▲ 107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | ▲ 98.2% |
| Other operating charges640/8 | €499 | €2k | ▲ 277% |
| Gross operating margin9900 | €42k | €106k | ▲ 150% |
| Operating profit (loss)9901 | €4k | €26k | ▲ 542% |
| Financial income75/76B | €35 | €69 | ▲ 96.4% |
| Recurring financial income75 | €35 | €69 | ▲ 96.4% |
| Financial charges65/66B | €5k | €11k | ▲ 134% |
| Recurring financial charges65 | €5k | €11k | ▲ 134% |
| Profit (loss) for the period before taxes9903 | €-397 | €16k | ▲ 4,073% |
| Income taxes67/77 | €0 | €3k | - |
| Profit (loss) for the period9904 | €-397 | €13k | ▲ 3,285% |
| Profit (loss) for the period to be appropriated9905 | €-397 | €13k | ▲ 3,285% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €112k | €142k | ▲ 27.5% |
| Fixed assets21/28 | €30k | €22k | ▼ 25.8% |
| Intangible fixed assets21 | €14k | €13k | ▼ 10.5% |
| Tangible fixed assets22/27 | €15k | €9k | ▼ 40.3% |
| Plant, machinery and equipment23 | €8k | €5k | ▼ 38.6% |
| Furniture and vehicles24 | €7k | €4k | ▼ 42.1% |
| Current assets29/58 | €82k | €120k | ▲ 46.8% |
| Stocks and contracts in progress3 | €51k | €41k | ▼ 18.8% |
| Stocks30/36 | €51k | €41k | ▼ 18.8% |
| Amounts receivable within one year40/41 | €24k | €65k | ▲ 172% |
| Trade receivables40 | €22k | €56k | ▲ 150% |
| Other amounts receivable41 | €1k | €9k | ▲ 522% |
| Cash at bank and in hand54/58 | €303 | €14k | ▲ 4,543% |
| Deferred charges and accrued income490/1 | €7k | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €112k | €142k | ▲ 27.5% |
| Equity10/15 | €3k | €15k | ▲ 486% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | - | €12k | - |
| Distributable reserves133 | - | €12k | - |
| Profit (loss) carried forward14 | €-397 | €0 | ▲ 100% |
| Amounts payable17/49 | €109k | €127k | ▲ 16.6% |
| Amounts payable after more than one year17 | €9k | - | - |
| Financial debts170/4 | €9k | - | - |
| Amounts payable within one year42/48 | €100k | €127k | ▲ 26.5% |
| Current portion of amounts payable after more than one year42 | €10k | €615 | ▼ 93.7% |
| Financial debts43 | - | €1k | - |
| Credit institutions430/8 | - | €1k | - |
| Trade debts44 | €70k | €68k | ▼ 2.3% |
| Suppliers440/4 | €70k | €68k | ▼ 2.3% |
| Advances received on contracts in progress46 | - | €6k | - |
| Taxes, remuneration and social security45 | €6k | €25k | ▲ 309% |
| Taxes450/3 | €2k | €9k | ▲ 334% |
| Remuneration and social security454/9 | €4k | €16k | ▲ 296% |
| Other amounts payable47/48 | €15k | €26k | ▲ 77.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-397 | €13k | ▲ 3,285% |
| + Depreciation and write-downs630 | €4k | €8k | ▲ 98.2% |
| Operating cash flow (approximation) | €3k | €20k | ▲ 487% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €14k | - |
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
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Aalst · 1 establishment unit since 2023
Ground area
5 m²
Parcel 41304F0992/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
DENIZ MARKET
since 20232.341.466.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304F0992/00C000 | Flanders | 5 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.341.466.370
Dual-learning approval
2 live approvalsWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Similar companies · same sector, comparable size
ASH GROUP
BE 0736.391.930
Lessines · Eq €15,215
REFORMHUIS VIVALDI
BE 0524.999.731
Lommel · Eq €15,288
MAIDAN B
BE 1010.780.184
Péruwelz · Eq €15,295
TTH Distribution
BE 0890.169.295
Sint-Lambrechts-Woluwe · Eq €15,297
MEDAMMAR
BE 0711.911.803
Liège · Eq €15,305
Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,895 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
Founded01-02-2023
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47260Retail trade
47271Retail trade
Scores and ratios are computed by Checked and are not a credit decision.