ASPEC
ActiveASPEC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €348k. Equity is shrinking by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
65
/ 100
Healthy▲ +17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency20▼-4
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.58 in 2024), and 90.2% 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
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
9.8%
Return on assets
34.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
16 d early
2023
70 d early
2022
55 d early
2021
27 d early
2020
30 d early
2019
57 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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▼ 37.5%
2024 · €160k
2018: €463k
2019: €394k
2020: €456k
2021: €456k
2022: €429k
2023: €522k
2024: €160k
2018 → 2025
Total assets
€1.02M▲ 49.2%
2024 · €682k
2018: €1.72M
2019: €1.87M
2020: €1.58M
2021: €1.53M
2022: €1.40M
2023: €1.44M
2024: €682k
2018 → 2025
Net result
€348k▼ 29.4%
2024 · €493k
2018: €181k
2019: €113k
2020: €97k
2021: €404
2022: €-27k
2023: €124k
2024: €493k
2018 → 2025
Working capital
€104k
2024 · €-222k
2018: €-61k
2019: €-155k
2020: €-127k
2021: €-104k
2022: €-123k
2023: €32k
2024: €-222k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€456k-€429k▼ 6.0%€522k▲ 21.8%€160k▼ 69.3%€100k▼ 37.5%
Operating result€14k-€-14k€138k€662k▲ 379%€473k▼ 28.5%
Net result€404-€-27k€124k€493k▲ 299%€348k▼ 29.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.02M
Equity
€100k▼ 37.5%
Debt
€918k▲ 75.9%
The debt ratio rises from 76.5% to 90.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€479k▼
2024 · €762k
Cash flow
€354k▼
2024 · €594k
Solvency
9.8%▼
2024 · 23.5%
Current ratio
1.11▲
2024 · 0.58
Quick ratio
1.11▲
2024 · 0.58
Debt / equity
9.18▲
2024 · 3.26
ROE
348.2%▲
2024 · 307.9%
ROA
34.2%▼
2024 · 72.3%
Interest coverage
58.90▼
2024 · 109.57
Debt
€918k▲
2024 · €522k
Debt ≤ 1 year
€914k▲
2024 · €522k
Income taxes
€118k▼
2024 · €166k
Staff costs
€0▼
2024 · €142k
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€682k€1.02M▲
Fixed assets21/28€382k€0▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€382k€0▼
Land and buildings22€288k€0▼
Plant, machinery and equipment23€93k€0▼
Furniture and vehicles24€86€0▼
Financial fixed assets28€0-
Current assets29/58€300k€1.02M▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€279k€29k▼
Trade receivables40€278k€15k▼
Other amounts receivable41€2k€14k▲
Current investments50/53€220€961k▲
Cash at bank and in hand54/58€19k€26k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€682k€1.02M▲
Equity10/15€160k€100k▼
Contributions10/11€100k€100k=
Reserves13€60k€0▼
Distributable reserves133€60k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€522k€918k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€522k€914k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€9k€4k▼
Suppliers440/4€9k€4k▼
Taxes, remuneration and social security45€25k€21k▼
Taxes450/3€16k€21k▲
Remuneration and social security454/9€9k€0▼
Other amounts payable47/48€488k€889k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€142k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€6k▼
Other operating charges640/8€21k€30k▲
Non-recurring operating charges66A€746€72k▲
Gross operating margin9900€926k€581k▼
Operating profit (loss)9901€662k€473k▼
Financial income75/76B€4k€906▼
Recurring financial income75€4k€906▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€659k€466k▼
Income taxes67/77€166k€118k▼
Profit (loss) for the period9904€493k€348k▼
Profit (loss) for the period to be appropriated9905€493k€348k▼
Appropriation of the result
Profit (loss) to be appropriated9906€493k€348k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€362k€60k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€855k€408k▼
Return on contributions (dividend)694€855k€408k▼
Directors or managers695€0-
The notes to these accounts (21 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €493k ▲299%
Operating result €662k, net result €493k, both a record.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €124k
Net result €124k after one loss-making year.
31-12
Financial
Equity above €500kEq €522k ▲21.8%
Equity rises from €429k to €522k.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-27k ▼6852%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-12-2024
Evi Vanhove: Resigned as Director
08-06-2020
VIBO Consult: Resigned as Director
01-01-2019
Benny WEYTJENS: Resigned as Manager
Location & real-estate footprint
Registered office, Zutendaal · 1 establishment unit since 2008
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.
Watermolenweg 43690 ZutendaalGround area
393 m²
Building footprint
280 m²
Volume, LiDAR
1,576 m³
Parcel 71582D0995/00E000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASPEC
since 20082.170.330.062
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71582D0995/00E000 | Flanders | 393 m² | 1 · 280 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
CASA PEIXOTO
BE 0473.176.787
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AGORA CULINAIR SEAFOOD HERENTALS
BE 0434.950.572
Herentals · Eq €105k
PESCA MUNDO
BE 1006.341.049
Sint-Agatha-Berchem · Eq €109k
5 Oceans
BE 0763.959.627
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UNIFISH
BE 0759.995.295
Bonheiden · Eq €114k
Of 249 companies in sector 46381 we hold annual accounts for 174. 110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2008
Fiscal year end31-12
Activities, NACEBEL
46381Wholesale trade
10311Manufacture of food products
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.