ASL FLY SUSTAINABLE
ActiveSummary
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 69% of 37 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+7
Solvency87▼-13
Growth58=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.64; short-term debt: 38% and cash: 61.5% of total assets), and 38% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 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 2025Solvency, 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 is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net 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 filingsDeviation from the deadline
2025
22 d early
2024
20 d early
2023
19 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
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
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%
Debt's share of the balance-sheet total rises from 0.2% to 38.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.64
Debt to equity
0.61▲
2024 · 0.00
ROE
-4.3%▲
2024 · -5.4%
ROA
-2.7%▲
2024 · -5.3%
Debt ≤ 1 year
€50k▲
2024 · €192
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 · 29 lines
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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
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
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 HasseltGround 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
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
Cybrid Thrust
BE 0744.580.809
Zaventem · Eq €84,930
AERODYNE SERVICES
BE 0677.669.021
Assesse · Eq €85,371
Heli Dynamic
BE 0460.896.290
Beringen · Eq €88,395
a.r.strategies
BE 0892.872.825
Lasne · Eq €100,443
WESP EUROPE
BE 0644.472.354
Leuven · Eq €62,121
Of 110 companies in sector 30310 we hold annual accounts for 68. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded27-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
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
Scores and ratios are computed by Checked and are not a credit decision.