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ASP Handling

Active
Public limited companyfounded 198837 yrs activeBaanakkerweg 3, 3060 Bertem, BelgiumKBO/BCE: BE 0435.876.527
Summary

ASP Handling has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €539,996. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 8741 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
ASP HandlingActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of machine tools
NACE 46620Wholesale of electrical equipment, including installation materials NACE 46643NACE 46693
#2 company by total assets in Bertem, Wholesale and retail trade sector2 sites
Size
€3.1mtotal assets 2025
Staff
2.9 FTE
Equity
€2.2m
Profit
€539,996
Turnover not published (abridged schema)
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
LOGITRANS BELGIUM · 80%
Accounts 58 d early0 of 4 deeds read
Why 98+ Liquidity: current ratio 4.46, cash €1.6m+ Founded in 1988+ Size: 2.9 FTE, total assets €3.1m+ Equity €2.2m (72.9% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 81% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 98+4
equity 72.9% of total assets
Liquidity 93+4
short-term debt 21.7% · cash 52.2%
Profitability 91+5
return on assets 17.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)
Last 14 months 09-2025: < 0.1% 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%▲ +6.7% vs 02-2026 04-2026: < 0.1%▲ +3.1% vs 03-2026 05-2026: < 0.1%▲ +3.0% vs 04-2026highest value 06-2026: < 0.1%● 0.0% vs 05-2026highest value 07-2026: < 0.1%▼ -26.5% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 4.46, cash €1.6m lowers the probability
  • Founded in 1988 lowers the probability for this profile
  • Size: 2.9 FTE, total assets €3.1m lowers the probability for this profile
  • Equity €2.2m (72.9% of total assets) lowers the probability
Credit up to €210,000 at 30 days acceptable
Liquidity ample (current ratio 4.46 against 4.13 in 2024; short-term debt: 21.7% and cash: 52.2% of total assets), and 27.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 77%, liquidity 91%, profitability 85%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 4.46, cash €1.6m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: 2.9 FTE, total assets €3.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €2.2m (72.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 d early
2024
36 d early
2023
47 d early
2022
16 d late
2021
19 d late
2020
30 d late
2019
31 d late
← 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 6 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. Usually files around 25 June (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €539,996 ▲42.7%
  3. Equity above €2mEq €2.2m ▲15.7%

Key points

  • Positive: Among the best 6% on net resultsector median €28,793 · 8,721 companies €539,996 View
  • Positive: 8 profitable years in a rowprofit 2025: €539,996 8 years View
  • Controlled by LOGITRANS BELGIUMultimately: EDF BELGIUM 80% View
  • Positive: Result rose in 2025from €378,387 to €539,996 ▲ 42.7% View

By topic

Financials

Fiscal year
2025
Total assets
€3.1m
Profit
€539,996
Solvency
72.9%
Total assets▲ 10.2%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 03-06-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 31-12-2025Equity above €2m
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Wholesale of machine toolsNACE 46620
Founded
22-11-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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