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ASL FLY SUSTAINABLE

Active
Cooperative companyfounded 20224 yrs activeVoogdijstraat 29, 3500 Hasselt, BelgiumKBO/BCE: BE 0788.945.639

ASL FLY SUSTAINABLE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €-4k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 36 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
70 / 100
Healthy= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency91▼-9
Growth58=
Stability94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.64), and 38% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Sector 30
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62%
Return on assets
-2.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€4k
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 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
22 d early
2024
20 d early
2023
19 d early
← before the deadline after the deadline →
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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€82k▼ 4.1%
2024 · €85k
2023: €90k 2024: €85k
2023 → 2025
Total assets
€132k▲ 54.3%
2024 · €86k
2023: €90k 2024: €86k
2023 → 2025
Net result
€-4k▲ 23.2%
2024 · €-5k
2023: €-11k 2024: €-5k
2023 → 2025
Working capital
€32k▼ 62.6%
2024 · €85k
2024: €85k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€90k-€85k▼ 5.1%€82k▼ 4.1%
Operating result€-10k-€-4k▲ 58.5%€-3k▲ 26.6%
Net result€-11k-€-5k▲ 56.4%€-4k▲ 23.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0Operating result 2023: €-10k€-10kNet result 2023: €-11k€-11kOperating result 2024: €-4k€-4kNet result 2024: €-5k€-5kOperating result 2025: €-3k€-3kNet result 2025: €-4k€-4k202320242025
The operating result stays negative: a loss of €3k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets €50k
Current assets €82k
Equity and liabilities €132k
Equity €82k▼ 4.1%
Debt €50k▲ 26,104%
The debt ratio rises from 0.2% to 38.0%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
62.0%
2024 · 99.8%
Current ratio
1.64
Quick ratio
1.64
Debt / equity
0.61
2024 · 0.00
ROE
-4.3%
2024 · -5.4%
ROA
-2.7%
2024 · -5.3%
Debt
€50k
2024 · €192
Debt ≤ 1 year
€50k
2024 · €192
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€86k€132k
Fixed assets21/28-€50k
Tangible fixed assets22/27-€50k
Assets under construction and advance payments27-€50k
Current assets29/58€86k€82k
Amounts receivable within one year40/41€812€893
Other amounts receivable41€812€893
Cash at bank and in hand54/58€85k€81k
Equity and liabilities
Total equity and liabilities10/49€86k€132k
Equity10/15€85k€82k
Contributions10/11€101k€101k=
Profit (loss) carried forward14€-15k€-19k
Amounts payable17/49€192€50k
Amounts payable within one year42/48€192€50k
Trade debts44€192€50k
Suppliers440/4€192€50k
Income statement Code20242025
Other operating charges640/8€449€462
Gross operating margin9900€-4k€-3k
Operating profit (loss)9901€-4k€-3k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€439€479
Recurring financial charges65€439€479
Profit (loss) for the period before taxes9903€-5k€-4k
Profit (loss) for the period9904€-5k€-4k
Profit (loss) for the period to be appropriated9905€-5k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-19k
Profit (loss) brought forward from the previous period14P€-11k€-15k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing

Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Voogdijstraat 293500 Hasselt
Ground area
1,071 m²
Building footprint
1,379 m²
Volume, LiDAR
9,289 m³
Parcel 71324E0540/00P000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASL FLY SUSTAINABLE
Voogdijstraat 29, 3500 HasseltManufacture of other transport equipment
since 20222.335.084.364
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0540/00P000 Flanders 1,071 m² 1 · 1,379 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 110 companies in sector 30310 we hold annual accounts for 68. 32 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formCooperative company
Founded27-07-2022
Fiscal year end31-12
Activities, NACEBEL
30300Manufacture of other transport equipment
30310Manufacture of other transport equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
52230Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.