Equity
€656,703 ▲ 324%
Equity rose in 2025 from €154,714 to €656,703.
ASPHAN
Lifetime
15 annual accounts with figures on one time axispeak €736,060 (2025)
€736,060▲ 162%
lowest -€49,588 (2016)
€501,989▲ 202%
peak €656,703 (2025)
€656,703▲ 324%
€215,799▼ 44.2%
Board1 name since 2011
1 director
Owners
100%
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €281,390 to €736,060Result from €166,486 to €501,9891 manager resigning, 1 director reappointed 22-05Equity from €154,714 to €656,703Debts from €386,685 to €215,799Cash from €39,646 to €274
Key points
from the 2025 annual accountsLiquidity
13.67 was 1.81 in 2024
Short-term debts rose from €45,773 to €53,540.
Filings
15 annual accounts since 2011
Ten of the last ten came late. The 2019 accounts came latest: 97 days after the end of the period.
Net result +202%: one-off income
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as ASPHAN has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,124 companies, not a prediction for ASPHAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 25-05-2011
- 100%score equity €2.6m (2025) · 2025 annual accounts of
Recent changes
1 manager resigning, 1 director reappointed
Resignation: (manager) · Reappointment: (director) · Permanent representative: · General meeting of 08-05-2025 · Gazette deed
Registered office moved from Bierges to Grez-Doiceau
New registered office: Drève de Laurensart 2 à 1390 Grez Doiceau · Previous registered office: rue de Genval 12 à 1301 Bierges · General meeting of 01-09-2020 · Gazette deed
Official details
Source: KBO- Status
- Active since 30-04-1991Normal situation
- Activity
- “La constitution et la gestion d'un patrimoine immobilier et la location financement de biens…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on ASPHAN
ASPHAN files the micro format. That format states no turnover. The gross margin rose from €71,279 in 2011 to €736,060 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ASPHAN
- What is the company number of ASPHAN?
- The company number of ASPHAN is 0837.728.325. The VAT number is the same number with BE in front: BE 0837.728.325.
- Where is ASPHAN based?
- The registered office is at Drève de Laurensart 2, 1390 Grez-Doiceau.Company details
- What is the legal form of ASPHAN?
- ASPHAN is a private limited company (BV).
- When was ASPHAN founded?
- ASPHAN was founded on 30-04-1991.
- Is ASPHAN still active?
- Yes, ASPHAN is an active enterprise in the KBO register.
- What is the turnover of ASPHAN?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €736,060 and 877 comparable companies of the same size. It probably lies between €1.0m and €2.2m. It is a rough estimate.Financials
- Is ASPHAN profitable?
- In financial year 2025, ASPHAN made a profit of €501,989.
- Where can I find the annual accounts of ASPHAN?
- ASPHAN filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASPHAN due?
- ASPHAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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