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Asphalt Equipment

Active
Public limited companyfounded 1975active for 51 yearsPrijkelhoek 31, 9800 Deinze, BelgiumKBO/BCE: BE 0414.798.823
Summary

Asphalt Equipment has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.1m and a net result of €1.4m. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 94% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-01-1975 Normal situation
Activity
Wholesale of construction materials, general range NACE 46831
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.010.736.556 9800 Deinze, since 01-01-1975
2.010.736.655 4460 Grâce-Hollogne, since 08-10-1987and 3 others
Financial year end
31 December
Peppol
Reachable since 22-09-2025

Board and ownership

Board
  • RDW BeheerDirector · since 21-12-2023 · permanent representative DE WULF Rik
  • DAK DISTRICTDirector · since 01-01-2025 · permanent representative Jens De Wulf
  • JDW BEHEERDirector · since 01-01-2025 · permanent representative Joni De Wulf
Auditor
Moore Audit
Shareholders

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€2.6m
▼ 5.9%
Turnover
≈ €11.0m
estimated
Profit
€1.4m
▲ 12.8%
Equity
€8.1m
▲ 11.0%
Total assets
€8.8m
▲ 18.4%
Employees on 31-12-2025
16
▼ 5.9%
Score breakdownlowers riskLiquidity: current ratio 12.54, cash €3.3mFounded in 1975Equity €8.1m (92.3% of total assets)Profit of €1.4m (financial year 2025)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 92.3% of total assets
Liquidity 97+13
short-term debt 7.7% · cash 37.9%
Profitability 89-1
return on assets 15.9%
Bankruptcy probability within 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 0.2% (4,374 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.54 (60.4 in 2024), above the usual 1.5. Short-term debt is 7.7% and cash 37.9% of total assets. 7.7% 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, small). It does better than 92% of them on solvency, 98% on liquidity, 92% on profitability and 69% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 12.54, cash €3.3m
NBB · annual accounts
lowers risk · Founded in 1975
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 · Equity €8.1m (92.3% of total assets)
NBB · annual accounts
lowers risk · Profit of €1.4m (financial year 2025)
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 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
100 days early
2024
58 days early
2023
68 days early
2022
101 days early
2021
69 days early
2020
57 days early
2019
63 days early
← 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 74 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 23 May (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Positive: Higher net result than 95% of companies in wholesale tradesector median €26,853 · 9,827 companies €1.4m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.4m 8 years View

Recent changes

  1. · Gazette deed 2 directors appointedAppointments: JDW BEHEER BV (director) and DAK DISTRICT BV (director) · Permanent representatives: Rik De Wulf, Joni De Wulf and Jens De Wulf
  2. · Gazette deed Demerger: ASPHALT EQUIPMENT splits off to RDW INVESTRegistered office moved within Deinze · New seat: Prijkelhoek 31, 9800 Deinze · Previous seat: E3-laan 37, 9800 Deinze
  3. · Gazette deed Demerger proposal: Asphalt Equipment splits off to RDW INVEST
All 16 events

Comparable companies

These companies have the same main activity as Asphalt Equipment: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €4.7m and €11m, founded between 1968 and 1987.

CompanyTotal assetsGross margin
Asphalt Equipment Deinze€8.8m€2.6m
Pol LAURENT S.R.L. Saint-Ghislain€11.5m€2.5m
VAN BELLINGHEN Kampenhout€7.0m€2.0m
Pierre Verschuere Harelbeke€7.4m€2.0m
DEPAEPE Wevelgem€5.5m€2.2m
De Fauw en zonen Gavere€6.5m€1.6m
VAN HAUT Beveren-Kruibeke-Zwijndrecht€4.7m€2.8m
Full comparison

Key facts about Asphalt Equipment

What is the company number of Asphalt Equipment?
The company number of Asphalt Equipment is 0414.798.823. The VAT number is the same number with BE in front: BE 0414.798.823.
Where is Asphalt Equipment based?
The registered office is at Prijkelhoek 31, 9800 Deinze.Company details
What does Asphalt Equipment do?
According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of Asphalt Equipment?
The legal form of Asphalt Equipment is Public limited company (NV).
When was Asphalt Equipment founded?
Asphalt Equipment was founded on 01-01-1975.
Is Asphalt Equipment still active?
Yes, Asphalt Equipment is an active enterprise in the KBO register.
How many employees does Asphalt Equipment have?
Asphalt Equipment had an average of 15.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Asphalt Equipment fall under?
In its 2025 annual accounts, Asphalt Equipment states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Asphalt Equipment?
The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €2.6m and 98 comparable companies (NACE 46). It probably lies between €6.6m and €19.0m.
Is Asphalt Equipment profitable?
In financial year 2025, Asphalt Equipment made a profit of €1.4m.
Where can I find the annual accounts of Asphalt Equipment?
Asphalt Equipment filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Asphalt Equipment due?
Asphalt Equipment must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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