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ASPAC International

Active
Private limited companyfounded 2005active for 21 yearsMiddenhutlaan 1, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0871.179.566
Summary

ASPAC International has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.2m and a net result of -€119,200. Equity has been growing by about 4.9% per year since 2018. Its solvency ranks better than 31% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-01-2005 Normal situation
Activity
Agents in the wholesale of timber and building materials NACE 46130and 7 others
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.145.050.971 1640 Sint-Genesius-Rode, since 04-02-2005
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board
  • Massart JacquesDirector
  • Oradiegwu Eziamaka RitaDirector

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€16.8m
▼ 58.3%
Loss
€119,200
▼ 92.1%
Equity
€8.2m
▼ 1.4%
Total assets
€29.1m
▲ 0.1%
Employees on 31-12-2025
3
▼ 25.0%
Filed on 16-06-2026, 45 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.29, cash €530,824, halvedLoss of €119,200, the second in a row (financial year 2025)lowers riskFounded in 2005Size: turnover €16.8m, 4.5 FTE, total assets €29.1mShow the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 26% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 53-1
equity 28.2% of total assets
Liquidity 15-5
short-term debt 69.2% · cash 1.8%
Profitability 37+24
return on assets -0.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €650,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.29 (1.29 in 2024), below the usual 1.5. Short-term debt is 69.2% and cash 1.8% of total assets. 71.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 38% of them on solvency, 15% on liquidity, 30% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.29, cash €530,824, halved
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €16.8m, 4.5 FTE, total assets €29.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €119,200, the second in a row (financial year 2025)
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€119,200
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
38 days early
2023
90 days early
2022
87 days early
2021
25 days early
2020
40 days early
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Turnover fell in 2025from €40.3m to €16.8m ▼ 58.3% View
  • Positive: Largest company by total assets in Sint-Genesius-Rode, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€119,200 View
  • Heads a groupcompanies controlled 4 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as ASPAC International: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €8.7m and €32m, founded between 1971 and 2007.

CompanyTotal assetsTurnover
ASPAC International Sint-Genesius-Rode€29.1m€16.8m
UNICONSTRUCT Turnhout€11.1m€33.3m
LAYHER Kontich€9.9m€17.1m
Vogel Import Export Antwerpen€8.7m€28.7m
LABECO Waregem€17.6m€13.6m
Fepco International (Europe) Kampenhout€13.5m€43.2m
Construx Group Harelbeke€31.6m-
Full comparison

Key facts about ASPAC International

What is the company number of ASPAC International?
The company number of ASPAC International is 0871.179.566. The VAT number is the same number with BE in front: BE 0871.179.566.
Where is ASPAC International based?
The registered office is at Middenhutlaan 1, 1640 Sint-Genesius-Rode.Company details
What does ASPAC International do?
According to the KBO register, the main activity is agents in the wholesale of timber and building materials (NACE 46130).
What is the legal form of ASPAC International?
The legal form of ASPAC International is Private limited company (BV).
When was ASPAC International founded?
ASPAC International was founded on 13-01-2005.
Is ASPAC International still active?
Yes, ASPAC International is an active enterprise in the KBO register.
How many employees does ASPAC International have?
ASPAC International had an average of 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ASPAC International fall under?
In its 2025 annual accounts, ASPAC International states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ASPAC International?
The turnover of ASPAC International was €16.8m in financial year 2025, according to the filed annual accounts.
Is ASPAC International profitable?
In financial year 2025, ASPAC International made a loss of €119,200.
Where can I find the annual accounts of ASPAC International?
ASPAC International filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASPAC International due?
ASPAC International must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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