Summary
ASSA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €254,832 and a net result of -€13,448. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 3320 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
on the day
2022
71 d late
2021
60 d late
2020
31 d late
2019
31 d early
← 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 34 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€254,832▼ 5.0%
2023 · €268,280
Net result
-€13,448▼ 857%
2023 · -€1,405
Total assets
€288,068▼ 13.3%
2023 · €332,385
Solvency
88.5%▲ 7.7pp
2023 · 80.7%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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
Line20202021202220232024
Operating result€109,771▼ 25.2%€11,014▼ 90.0%€46,857▲ 325%-€1,274-€16,456▼ 1,191%
Net result€80,004above the sector's middle half▼ 44.2%€8,255within the sector's middle half▼ 89.7%€32,334within the sector's middle half▲ 292%-€1,405below the sector's middle half-€13,448below the sector's middle half▼ 857%
Equity€229,095within the sector's middle half▲ 53.7%€237,350within the sector's middle half▲ 3.6%€269,685within the sector's middle half▲ 13.6%€268,280within the sector's middle half▼ 0.5%€254,832within the sector's middle half▼ 5.0%
Total assets€285,366within the sector's middle half▲ 52.8%€292,168within the sector's middle half▲ 2.4%€341,932within the sector's middle half▲ 17.0%€332,385within the sector's middle half▼ 2.8%€288,068within the sector's middle half▼ 13.3%
Debt€56,271▲ 49.2%€54,818▼ 2.6%€72,247▲ 31.8%€64,105▼ 11.3%€33,236▼ 48.2%
Working capital€199,142above the sector's middle half▲ 55.1%€209,219above the sector's middle half▲ 5.1%€243,939above the sector's middle half▲ 16.6%€240,641above the sector's middle half▼ 1.4%€237,503above the sector's middle half▼ 1.3%
Solvency80.3%above the sector's middle half▲ 0.5pp81.2%above the sector's middle half▲ 1.0pp78.9%above the sector's middle half▼ 2.4pp80.7%above the sector's middle half▲ 1.8pp88.5%above the sector's middle half▲ 7.7pp
Current ratio4.86above the sector's middle half▼ 1.034.82above the sector's middle half▼ 0.044.38above the sector's middle half▼ 0.444.75above the sector's middle half▲ 0.388.15above the sector's middle half▲ 3.39
Return on assets (ROA)28.0%above the sector's middle half▼ 48.8pp2.8%within the sector's middle half▼ 25.2pp9.5%within the sector's middle half▲ 6.6pp-0.4%below the sector's middle half▼ 9.9pp-4.7%below the sector's middle half▼ 4.2pp
Staff (FTE)0.60.5▼ 16.7%0.8▲ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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 stays negative: a loss of €16,456 in 2024 against €1,274 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €288,068
Fixed assets
€17,329 ▼ 37.3%
Current assets
€270,739 ▼ 11.2%
Equity and liabilities €288,068
Equity
€254,832 ▼ 5.0%
Debt
€33,236 ▼ 48.2%
Debt's share of the balance-sheet total falls from 19.3% to 11.5%. Equity and debt are lower.
Key figures and ratios
ROE
-5.3%▼
2023 · -0.5%
Debt ≤ 1 year
€33,236▼
2023 · €64,105
Income taxes
€349▼
2023 · €1,612
Staff costs
€1,130▼
2023 · €41,325
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €14,571 | €24,213 | €41,325 | €1,130 | ▼ 97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,579 | €6,500 | €6,751 | €10,213 | €8,922 | ▼ 12.6% |
| Other operating charges640/8 | - | €2,345 | €2,539 | €4,011 | €3,472 | ▼ 13.4% |
| Gross operating margin9900 | €128,914 | €34,429 | €80,361 | €54,274 | -€2,933 | ▼ 105% |
| Operating profit (loss)9901 | €109,771 | €11,014 | €46,857 | -€1,274 | -€16,456 | ▼ 1,191% |
| Financial income75/76B | - | €5,602 | €6,064 | €5,373 | €5,373 | = |
| Recurring financial income75 | €11,520 | €5,602 | €6,064 | €5,373 | €5,373 | = |
| Financial charges65/66B | - | €1,135 | €1,928 | €3,891 | €2,015 | ▼ 48.2% |
| Recurring financial charges65 | €1,820 | €1,135 | €1,928 | €3,891 | €2,015 | ▼ 48.2% |
| Profit (loss) for the period before taxes9903 | €119,471 | €15,480 | €50,993 | €207 | -€13,099 | ▼ 6,419% |
| Income taxes67/77 | €39,467 | €7,225 | €18,658 | €1,612 | €349 | ▼ 78.3% |
| Profit (loss) for the period9904 | €80,004 | €8,255 | €32,334 | -€1,405 | -€13,448 | ▼ 857% |
| Transfer from tax-exempt reserves789 | - | €0 | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €80,004 | €8,255 | €32,334 | -€1,405 | -€13,448 | ▼ 857% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285,366 | €292,168 | €341,932 | €332,385 | €288,068 | ▼ 13.3% |
| Fixed assets21/28 | €34,631 | €28,131 | €25,745 | €27,639 | €17,329 | ▼ 37.3% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €33,243 | €26,743 | €24,357 | €26,251 | €17,329 | ▼ 34.0% |
| Land and buildings22 | - | €2,975 | €2,975 | €2,975 | €2,975 | = |
| Plant, machinery and equipment23 | - | €21,166 | €19,150 | €18,822 | €11,740 | ▼ 37.6% |
| Furniture and vehicles24 | - | €2,603 | €2,233 | €4,454 | €2,615 | ▼ 41.3% |
| Financial fixed assets28 | €1,388 | €1,388 | €1,388 | €1,388 | €0 | ▼ 100% |
| Current assets29/58 | €250,735 | €264,037 | €316,186 | €304,745 | €270,739 | ▼ 11.2% |
| Amounts receivable after more than one year29 | - | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Other amounts receivable291 | - | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Amounts receivable within one year40/41 | €217,196 | €52,505 | €123,107 | €119,816 | €95,457 | ▼ 20.3% |
| Trade receivables40 | - | €14,914 | €14,947 | - | €378 | - |
| Other amounts receivable41 | - | €37,590 | €108,159 | €119,816 | €95,079 | ▼ 20.6% |
| Cash at bank and in hand54/58 | €33,539 | €36,532 | €18,080 | €9,674 | €282 | ▼ 97.1% |
| Deferred charges and accrued income490/1 | - | - | - | €255 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285,366 | €292,168 | €341,932 | €332,385 | €288,068 | ▼ 13.3% |
| Equity10/15 | €229,095 | €237,350 | €269,685 | €268,280 | €254,832 | ▼ 5.0% |
| Contributions10/11 | - | €11,149 | €11,149 | €11,149 | €11,149 | = |
| Reserves13 | €104,828 | €113,084 | €145,419 | €145,419 | €145,419 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | €92,475 | €124,809 | €124,809 | €124,809 | = |
| Profit (loss) carried forward14 | €113,118 | €113,118 | €113,118 | €111,713 | €98,265 | ▼ 12.0% |
| Amounts payable17/49 | €56,271 | €54,818 | €72,247 | €64,105 | €33,236 | ▼ 48.2% |
| Amounts payable after more than one year17 | €4,678 | - | - | - | - | - |
| Amounts payable within one year42/48 | €51,593 | €54,818 | €72,247 | €64,105 | €33,236 | ▼ 48.2% |
| Current portion of amounts payable after more than one year42 | - | €4,678 | - | - | - | - |
| Trade debts44 | €2,610 | €42,242 | €37,563 | €37,368 | €31,055 | ▼ 16.9% |
| Suppliers440/4 | - | €42,242 | €37,563 | €37,368 | €31,055 | ▼ 16.9% |
| Taxes, remuneration and social security45 | - | €7,332 | €34,684 | €26,736 | €2,181 | ▼ 91.8% |
| Taxes450/3 | - | €7,044 | €30,033 | €25,139 | €2,181 | ▼ 91.3% |
| Remuneration and social security454/9 | - | €287 | €4,651 | €1,597 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €565 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,004 | €8,255 | €32,334 | -€1,405 | -€13,448 | ▼ 857% |
| + Depreciation and write-downs630 | €6,579 | €6,500 | €6,751 | €10,213 | €8,922 | ▼ 12.6% |
| Operating cash flow (approximation) | €86,583 | €14,755 | €39,086 | €8,808 | -€4,526 | ▼ 151% |
| Investment in fixed assets (approximation) | - | €0 | -€4,366 | -€12,107 | €1,388 | ▲ 111% |
| Change in cash | - | €2,993 | -€18,453 | -€8,405 | -€9,393 | ▼ 11.7% |
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
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Weakest financial yearnet -€13,448
Net result drops to -€13,448, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €200,000Eq €229,095 ▲53.7%
3 profitable years in a row build equity to €229,095.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €143,478 ▲653%
Operating result €146,804, net result €143,478, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.89
Current ratio from 2.89 to 5.89.
31-12
Financial
Equity above €100,000Eq €149,091 ▲22,455%
2 profitable years in a row build equity to €149,091.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Floreffe · 1 establishment unit since 2000
Ground area
1,318 m²
Building footprint
127 m²
Volume, LiDAR
1,056 m³
Parcel 92045A0385/00T000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue Oscar-Kaisin 1, 5150 Floreffe
since 20002.093.682.246
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92045A0385/00T000 | Wallonia | 1,318 m² | 1 · 127 m² | 10.8 m · 3 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.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,222. 2,777 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
Founded03-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465574363
Also
9925:BE0465574363
Registered
08-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.