ASPADI
ActiveSummary
ASPADI has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €924,798 and a net result of €57,805. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 4.79 against 4.4 in 2024; short-term debt: 15.2% and cash: 21.5% of total assets), and 15.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.8%
Return on assets
5.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
25 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
99 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 35 days after the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57,805▼ 57.0%
2024 · €134,504
Working capital
€626,320▼ 1.6%
2024 · €636,657
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€87,658▼ 55.1%€141,101▲ 61.0%€148,532▲ 5.3%€182,256▲ 22.7%€102,952▼ 43.5%
Net result€59,125within the sector's middle half▼ 57.7%€99,937above the sector's middle half▲ 69.0%€104,946above the sector's middle half▲ 5.0%€134,504above the sector's middle half▲ 28.2%€57,805within the sector's middle half▼ 57.0%
Equity€527,727within the sector's middle half▲ 12.6%€627,663within the sector's middle half▲ 18.9%€732,490within the sector's middle half▲ 16.7%€866,994within the sector's middle half▲ 18.4%€924,798within the sector's middle half▲ 6.7%
Total assets€924,818within the sector's middle half▲ 1.5%€921,995within the sector's middle half▼ 0.3%€958,136within the sector's middle half▲ 3.9%€1.1mwithin the sector's middle half▲ 10.1%€1.1mbelow the sector's middle half▲ 3.4%
Debt€397,092▼ 10.3%€294,332▼ 25.9%€225,646▼ 23.3%€187,498▼ 16.9%€165,326▼ 11.8%
Working capital€401,797▲ 11.0%€491,194▲ 22.2%€557,838▲ 13.6%€636,657▲ 14.1%€626,320▼ 1.6%
Solvency57.1%within the sector's middle half▲ 5.6pp68.1%above the sector's middle half▲ 11.0pp76.4%above the sector's middle half▲ 8.4pp82.2%above the sector's middle half▲ 5.8pp84.8%above the sector's middle half▲ 2.6pp
Staff (FTE)8.1below the sector's middle half▲ 6.6%8.1below the sector's middle half=8.5below the sector's middle half▲ 4.9%8.6below the sector's middle half▲ 1.2%7.2below the sector's middle half▼ 16.3%
above
within
below
the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€298,584 ▲ 29.5%
Current assets
€791,541 ▼ 3.9%
Equity and liabilities €1.1m
Equity
€924,798 ▲ 6.7%
Debt
€165,326 ▼ 11.8%
Debt's share of the balance-sheet total falls from 17.8% to 15.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€135,947▼
2024 · €206,617
Cash flow
€90,800▼
2024 · €158,864
Current ratio
4.79▲
2024 · 4.40
Debt to equity
0.18▼
2024 · 0.22
ROE
6.3%▼
2024 · 15.5%
ROA
5.3%▼
2024 · 12.8%
Interest coverage
908.86▲
2024 · 127.72
Debt ≤ 1 year
€165,221▼
2024 · €187,301
Debt > 1 year
€105=
2024 · €105
Income taxes
€45,353▼
2024 · €46,169
Staff costs
€298,606▲
2024 · €246,410
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €208,450 | €233,831 | €236,362 | €246,410 | €298,606 | ▲ 21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,974 | €58,429 | €64,727 | €24,361 | €32,996 | ▲ 35.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €6,865 | €1,296 | €0 | - | - |
| Other operating charges640/8 | €33,910 | €35,297 | €44,332 | €50,654 | €53,555 | ▲ 5.7% |
| Gross operating margin9900 | €386,993 | €475,522 | €495,247 | €503,681 | €488,109 | ▼ 3.1% |
| Operating profit (loss)9901 | €87,658 | €141,101 | €148,532 | €182,256 | €102,952 | ▼ 43.5% |
| Financial income75/76B | €0 | €9 | €364 | €34 | €356 | ▲ 944% |
| Recurring financial income75 | €0 | €9 | €364 | €34 | €356 | ▲ 944% |
| Financial charges65/66B | €3,398 | €4,076 | €4,230 | €1,618 | €150 | ▼ 90.8% |
| Recurring financial charges65 | €3,398 | €4,076 | €4,230 | €1,618 | €150 | ▼ 90.8% |
| Profit (loss) for the period before taxes9903 | €84,260 | €137,034 | €144,666 | €180,673 | €103,158 | ▼ 42.9% |
| Income taxes67/77 | €25,135 | €37,097 | €39,720 | €46,169 | €45,353 | ▼ 1.8% |
| Profit (loss) for the period9904 | €59,125 | €99,937 | €104,946 | €134,504 | €57,805 | ▼ 57.0% |
| Profit (loss) for the period to be appropriated9905 | €59,125 | €99,937 | €104,946 | €134,504 | €57,805 | ▼ 57.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €924,818 | €921,995 | €958,136 | €1.1m | €1.1m | ▲ 3.4% |
| Fixed assets21/28 | €233,313 | €186,574 | €175,870 | €230,534 | €298,584 | ▲ 29.5% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €233,213 | €186,474 | €175,770 | €230,434 | €298,484 | ▲ 29.5% |
| Land and buildings22 | €215,292 | €163,615 | €140,018 | €199,729 | €265,732 | ▲ 33.0% |
| Plant, machinery and equipment23 | €5,584 | €3,598 | €1,953 | €2,810 | €14,517 | ▲ 417% |
| Furniture and vehicles24 | €12,337 | €19,262 | €33,800 | €27,894 | €18,235 | ▼ 34.6% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €691,506 | €735,421 | €782,266 | €823,958 | €791,541 | ▼ 3.9% |
| Amounts receivable within one year40/41 | €415,240 | €523,532 | €523,656 | €526,464 | €539,858 | ▲ 2.5% |
| Trade receivables40 | €67,918 | €74,347 | €61,408 | €63,496 | €51,740 | ▼ 18.5% |
| Other amounts receivable41 | €347,321 | €449,185 | €462,248 | €462,968 | €488,118 | ▲ 5.4% |
| Cash at bank and in hand54/58 | €264,015 | €193,426 | €242,228 | €278,471 | €234,301 | ▼ 15.9% |
| Deferred charges and accrued income490/1 | €12,251 | €18,463 | €16,382 | €19,023 | €17,382 | ▼ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €924,818 | €921,995 | €958,136 | €1.1m | €1.1m | ▲ 3.4% |
| Equity10/15 | €527,727 | €627,663 | €732,490 | €866,994 | €924,798 | ▲ 6.7% |
| Contributions10/11 | €241,696 | €241,696 | €241,576 | €241,576 | €241,576 | = |
| Capital10 | €241,696 | €241,696 | €241,576 | €241,576 | €241,576 | = |
| Issued capital100 | €241,696 | €241,696 | €241,576 | €241,576 | €241,576 | = |
| Reserves13 | €24,170 | €24,170 | €24,170 | €24,170 | €24,170 | = |
| Non-distributable reserves130/1 | €24,170 | €24,170 | €24,170 | €24,170 | €24,170 | = |
| Legal reserve130 | €24,170 | €24,170 | €24,170 | €24,170 | €24,170 | = |
| Profit (loss) carried forward14 | €261,860 | €361,797 | €466,744 | €601,248 | €659,052 | ▲ 9.6% |
| Amounts payable17/49 | €397,092 | €294,332 | €225,646 | €187,498 | €165,326 | ▼ 11.8% |
| Amounts payable after more than one year17 | €107,362 | €47,043 | €105 | €105 | €105 | = |
| Financial debts170/4 | €107,257 | €46,938 | €0 | - | - | - |
| Other amounts payable178/9 | €105 | €105 | €105 | €105 | €105 | = |
| Amounts payable within one year42/48 | €289,708 | €244,227 | €224,428 | €187,301 | €165,221 | ▼ 11.8% |
| Current portion of amounts payable after more than one year42 | €60,247 | €60,320 | €46,938 | €0 | - | - |
| Trade debts44 | €61,207 | €44,791 | €44,493 | €29,870 | €50,842 | ▲ 70.2% |
| Suppliers440/4 | €61,207 | €44,791 | €44,493 | €29,870 | €50,842 | ▲ 70.2% |
| Advances received on contracts in progress46 | €39,954 | €9,736 | €3,116 | €12,017 | €2,473 | ▼ 79.4% |
| Taxes, remuneration and social security45 | €125,483 | €120,370 | €126,268 | €124,188 | €91,928 | ▼ 26.0% |
| Taxes450/3 | €77,181 | €61,637 | €72,825 | €86,239 | €50,311 | ▼ 41.7% |
| Remuneration and social security454/9 | €48,302 | €58,733 | €53,443 | €37,949 | €41,618 | ▲ 9.7% |
| Other amounts payable47/48 | €2,817 | €9,010 | €3,612 | €21,227 | €19,978 | ▼ 5.9% |
| Accrued charges and deferred income492/3 | €21 | €3,062 | €1,113 | €91 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,125 | €99,937 | €104,946 | €134,504 | €57,805 | ▼ 57.0% |
| + Depreciation and write-downs630 | €56,974 | €58,429 | €64,727 | €24,361 | €32,996 | ▲ 35.4% |
| Operating cash flow (approximation) | €116,100 | €158,365 | €169,673 | €158,864 | €90,800 | ▼ 42.8% |
| Investment in fixed assets (approximation) | - | -€11,690 | -€54,023 | -€79,024 | -€101,046 | ▼ 27.9% |
| Change in cash | - | -€70,589 | €48,802 | €36,243 | -€44,170 | ▼ 222% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 25 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €500,000Eq €527,727 ▲12.6%
4 profitable years in a row build equity to €527,727.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €139,856 ▲145%
Operating result €195,417, net result €139,856, both a record.
07-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 99 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Sint-Jans-Molenbeek · 1 establishment unit since 1993
Ground area
652 m²
Building footprint
263 m²
Volume, LiDAR
5,012 m³
Parcel 21524C0175/00H007, Brussels · tallest building 21.4 m, ±7 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
RESIDENTIE VIVALDI
since 19932.063.464.964
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0175/00H007 | Brussels | 652 m² | 1 · 263 m² | 21.4 m · 7 fl. |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- RESIDENTIE YASMINA
- JVS
- ASPADI
Highest known parent: RESIDENTIE YASMINA. The sources do not say who stands above it.
Owners 1
- JVSparentSourceaccounts JVS 202599.49%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.063.464.964
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Of 150 companies in sector 87302 we hold annual accounts for 85. 52 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-07-1993
Fiscal year end31-12
Activities, NACEBEL 2025
87302Residential care activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450498583
Registered
09-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
1. Verslag van de raad van bestuur. 2. Goedkeuring van balans en resultatenrekening per 31/12/2003. 3. Bestemming van het resultaat. 4. Decharge te verlenen aan bestuurders. 5. Ontslag en benoeming bestuurders. 6. Allerlei. De aandeelhouders worden verzocht zich te schikken naar de bepalingen van de statuten. (81042) Aspadi, naamloze vennootschap, steenweg op Vilvoorde 243C, 1745 Opwijk Ondernemingsnummer 0450.498.583 Jaarvergadering op 18.06.2004, om 14 uur, op de zetel. — Dagorde : Verslag raad van bestuur. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Varia. (81043) Augmenta, naamloze vennootschap, Geukenshage 29, 1790 Affligem H.R. Brussel 537237 Hierbij nodigen w ...