ASS DESIGN
ActiveSummary
The computed 12-month bankruptcy probability of ASS DESIGN is 2.0% (moderate). For ASS DESIGN, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €175,747 and a net result of €27,563. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 36378 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability69▲+7
Solvency69▼-31
Growth77▼-5
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44%
Return on assets
6.9%
Age of the figures
26 mo
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
raises risk · Annual accounts not filed
The financial year that closed on 31-07-2025 was due at the National Bank by 28-02-2026. Nothing is on record, 214 days later.
NBB · 10 filingsPosition against the passed deadline
31-07-2025 close28-02-2026 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-07-2024 was due by 28-02-2025 and was filed on 14-11-2025, 259 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
259 d late
2023
305 d late
2022
112 d late
2021
9 d late
2020
10 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 121 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€464,792▼ 4.2%
2023 · €485,314
EBIT margin
8.3%▼ 0.8pp
2023 · 9.0%
Net result
€27,563▲ 48.4%
2023 · €18,577
Working capital
€177,747▲ 18.4%
2023 · €150,184
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€241,487▼ 5.2%€312,133▲ 29.3%€456,500▲ 46.3%€485,314▲ 6.3%€464,792▼ 4.2%
Operating result€30,797▲ 84.4%€22,820▼ 25.9%€44,852▲ 96.5%€43,856▼ 2.2%€38,501▼ 12.2%
Net result€20,610within the sector's middle half▲ 68.6%€13,394within the sector's middle half▼ 35.0%€34,056above the sector's middle half▲ 154%€18,577within the sector's middle half▼ 45.5%€27,563within the sector's middle half▲ 48.4%
EBIT margin12.8%▲ 6.2pp7.3%▼ 5.4pp9.8%▲ 2.5pp9.0%▼ 0.8pp8.3%▼ 0.8pp
Equity€81,756within the sector's middle half▲ 33.7%€95,551within the sector's middle half▲ 16.9%€129,607above the sector's middle half▲ 35.6%€148,184above the sector's middle half▲ 14.3%€175,747above the sector's middle half▲ 18.6%
Total assets€122,153within the sector's middle half▲ 50.8%€175,715within the sector's middle half▲ 43.8%€234,659within the sector's middle half▲ 33.5%€193,491within the sector's middle half▼ 17.5%€399,563above the sector's middle half▲ 107%
Debt€38,397▲ 115%€78,164▲ 104%€103,052▲ 31.8%€43,307▼ 58.0%€221,816▲ 412%
Working capital€83,756within the sector's middle half▲ 32.6%€97,551above the sector's middle half▲ 16.5%€131,607above the sector's middle half▲ 34.9%€150,184above the sector's middle half▲ 14.1%€177,747above the sector's middle half▲ 18.4%
Solvency66.9%above the sector's middle half▼ 8.6pp54.4%within the sector's middle half▼ 12.6pp55.2%within the sector's middle half▲ 0.9pp76.6%above the sector's middle half▲ 21.4pp44.0%within the sector's middle half▼ 32.6pp
Current ratio3.18above the sector's middle half▼ 1.362.25within the sector's middle half▼ 0.932.28within the sector's middle half▲ 0.034.47above the sector's middle half▲ 2.191.80within the sector's middle half▼ 2.67
Return on assets (ROA)16.9%above the sector's middle half▲ 1.8pp7.6%within the sector's middle half▼ 9.3pp14.5%within the sector's middle half▲ 6.9pp9.6%within the sector's middle half▼ 4.9pp6.9%within the sector's middle half▼ 2.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €399,563
Equity
€175,747 ▲ 18.6%
Provisions
€2,000 =
Debt
€221,816 ▲ 412%
Debt's share of the balance-sheet total rises from 22.4% to 55.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,001
Cash flow
€28,063
Debt to equity
1.26▲
2023 · 0.29
ROE
15.7%▲
2023 · 12.5%
Interest coverage
29.62
Debt ≤ 1 year
€221,816▲
2023 · €43,307
Income taxes
€9,621▼
2023 · €23,675
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €241,487 | €312,133 | €456,500 | €485,314 | €464,792 | ▼ 4.2% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €410,025 | €438,659 | €424,270 | ▼ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €500 | - |
| Other operating charges640/8 | - | - | €1,623 | €2,799 | €1,521 | ▼ 45.7% |
| Gross operating margin9900 | €33,631 | €33,662 | €46,475 | €46,655 | €40,522 | ▼ 13.1% |
| Operating profit (loss)9901 | €30,797 | €22,820 | €44,852 | €43,856 | €38,501 | ▼ 12.2% |
| Financial charges65/66B | - | - | €778 | €1,604 | €1,317 | ▼ 17.9% |
| Recurring financial charges65 | €1,153 | €793 | €778 | €1,604 | €1,317 | ▼ 17.9% |
| Profit (loss) for the period before taxes9903 | €29,645 | €22,027 | €44,074 | €42,253 | €37,184 | ▼ 12.0% |
| Income taxes67/77 | €9,034 | €8,633 | €10,019 | €23,675 | €9,621 | ▼ 59.4% |
| Profit (loss) for the period9904 | €20,610 | €13,394 | €34,056 | €18,577 | €27,563 | ▲ 48.4% |
| Profit (loss) for the period to be appropriated9905 | €20,610 | €13,394 | €34,056 | €18,577 | €27,563 | ▲ 48.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122,153 | €175,715 | €234,659 | €193,491 | €399,563 | ▲ 107% |
| Current assets29/58 | €122,153 | €175,715 | €234,659 | €193,491 | €399,563 | ▲ 107% |
| Amounts receivable within one year40/41 | €103,570 | €173,950 | €226,233 | €191,626 | €397,569 | ▲ 107% |
| Trade receivables40 | - | - | €157,887 | €48,118 | €280,949 | ▲ 484% |
| Other amounts receivable41 | - | - | €68,346 | €143,507 | €116,620 | ▼ 18.7% |
| Cash at bank and in hand54/58 | €18,583 | €1,765 | €8,426 | €1,866 | €1,995 | ▲ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122,153 | €175,715 | €234,659 | €193,491 | €399,563 | ▲ 107% |
| Equity10/15 | €81,756 | €95,551 | €129,607 | €148,184 | €175,747 | ▲ 18.6% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Share premium1100/10 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €61,296 | €75,091 | €109,147 | €127,724 | €155,287 | ▲ 21.6% |
| Provisions and deferred taxes16 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Provisions for liabilities and charges160/5 | - | - | €2,000 | €2,000 | €2,000 | = |
| Environmental obligations163 | - | - | €2,000 | €2,000 | €2,000 | = |
| Amounts payable17/49 | €38,397 | €78,164 | €103,052 | €43,307 | €221,816 | ▲ 412% |
| Amounts payable within one year42/48 | €38,397 | €78,164 | €103,052 | €43,307 | €221,816 | ▲ 412% |
| Current portion of amounts payable after more than one year42 | - | - | €2,280 | €2,260 | - | - |
| Financial debts43 | - | - | - | €9,759 | €10,651 | ▲ 9.1% |
| Credit institutions430/8 | - | - | - | €9,759 | €10,651 | ▲ 9.1% |
| Trade debts44 | €30,267 | €65,319 | €87,897 | €18,713 | €197,029 | ▲ 953% |
| Suppliers440/4 | - | - | €2,615 | €8,749 | €13,878 | ▲ 58.6% |
| Bills of exchange payable441 | - | - | €85,282 | €9,964 | €183,151 | ▲ 1,738% |
| Taxes, remuneration and social security45 | - | - | €12,875 | €12,575 | €14,137 | ▲ 12.4% |
| Taxes450/3 | - | - | €12,875 | €12,575 | €14,137 | ▲ 12.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,610 | €13,394 | €34,056 | €18,577 | €27,563 | ▲ 48.4% |
| + Depreciation and write-downs630 | - | - | - | - | €500 | - |
| Operating cash flow (approximation) | €20,610 | €13,394 | €34,056 | €18,577 | €28,063 | ▲ 51.1% |
| Change in cash | - | -€16,818 | €6,661 | -€6,560 | €129 | ▲ 102% |
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
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 259 days late
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 305 days late
31-07
Financial
Equity above €150,000Eq €175,747 ▲18.6%
6 profitable years in a row build equity to €175,747.
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 112 days late
2022
31-07
Financial
Highest result since 2019net €34,056 ▲154%
Operating result €44,852, net result €34,056, both a record.
31-07
Financial
Equity above €100,000Eq €129,607 ▲35.6%
4 profitable years in a row build equity to €129,607.
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 382 days late
2018
11-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 72 days late
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 77 days late
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ganshoren · 1 establishment unit since 2013
Ground area
386 m²
Building footprint
303 m²
Volume, LiDAR
5,029 m³
2 parcels, Brussels · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Guido Gezelleplein 10, 1083 Ganshoren
since 20132.220.474.906
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0137/00Z009 | Brussels | 332 m² | 1 · 249 m² | 20.9 m · 6 fl. |
| 21008A0137/00V009 | Brussels | 53 m² | 1 · 53 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,459 companies in sector 43120 we hold annual accounts for 3,234. 2,632 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-03-2013
Fiscal year end31-07
Activities, NACEBEL 2025
43120Site preparation
43230Insulation installation
43240Other construction installation
43350Other building finishing work
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524741195
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.