Financials
- Financial year
- 2025
- Turnover
- €28.1m
- Loss
- -€2.2m
- Solvency
- 50.0%
Turnover▼ 7.4%
Net result
20182025
ASSA ABLOY
ActiveSummary
ASSA ABLOY has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of -€2.2m. Equity is shrinking by about 25% per year across the filed financial years. Its solvency ranks better than 55% of 822 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25620
3rd largest employer in Nieuwpoort2 sites
Size
€28.1mturnover 2025
- Staff
- 98.6 FTE
- Equity
- €4.1m
- Loss
- -€2.2m
Structure
- Parent
- ASSA ABLOY AB
- Board
- 5 members
- Patrick OsterholtManaging director
Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 22 days early
Why 64raises riskLoss of €2.2m, the second in a row (financial year 2025)Liquidity: current ratio 1.25Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: turnover €28.1m, 98.6 FTE, total assets €8.1mShow the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 25, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
75-19
equity 50.0% of total assets
Liquidity
52-24
short-term debt 48.5%
Profitability
1-26
return on assets -26.6%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.6%● unchanged vs 11-2024
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025lowest value
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.2 percentage points vs 06-2025
08-2025: 0.7%▼ -0.1 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 1.4%● unchanged vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026highest value
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.25, compared with 2.29 in 2024, below the usual 1.5; short-term debt: 48.5% of total assets), and 50% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 25, medium-sized): better than 66% on solvency, 77% on liquidity, 6% on profitability and 18% on growth.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2.2m
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
21 days early
2023
8 days early
2022
64 days late
2021
6 days early
2020
17 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% 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 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignations & appointmentsAmendment of the articles ·…
- Weakest financial yearnet -€2.2m
Key points
- Caution: Result fell in 2025from -€273,548 to -€2.2m ▼ 691% View
- Caution: Among the weakest 5% on net resultsector median €79,515 · 822 companies -€2.2m View
- Controlled by ASSA ABLOY ABknown shareholders 100% parent View
- Caution: 2 loss-making years in a rowloss financial year 2025 -€2.2m View
- Active since 1968founded 01-01-1968 58 years View
By topic
Board & ownership
- Board
- 5 members
- Parent
- ASSA ABLOY AB
- Known shareholders
- 100%
- Auditor
- Ernst et Young Reviseurs…
- Patrick OsterholtManaging director
- Jan BOONDirector
- Suzanne Louise HERMENSManaging director
- Tom BoogaersDirector
- Patrick Alexander OSTERHOLTManaging director
Network & group
- Connected companies
- 2
Timeline
- Events
- 71
- Since
- 1979
- Next accounts
- by 31-07-2027
- 10-07-2025Annual accounts filed
- 17-02-2025Reappointments: Tom Boogaers (bestuurder) and EY Bedrijfsrevisoren…
- 23-07-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Manufacture of fabricated metal products, except machinery and…NACE 25620
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 42
- Who signs
- Two directors jointly
- Annual meeting
- First Tuesday of June at 11:30
- Purpose
- “De aankoop, de verkoop, het vervaardigen van sloten en bijhorende voorwerpen. Zij mag…” (deed in Dutch)
Key facts about ASSA ABLOY
- What is the company number of ASSA ABLOY?
- 0405.269.760. In Belgium the VAT number is the company number with BE in front: BE 0405.269.760.
- Where is ASSA ABLOY based?
- The registered office is at Canadalaan 73, 8620 Nieuwpoort.Company details
- What does ASSA ABLOY do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25620).
- What is the legal form of ASSA ABLOY?
- Public limited company (NV).
- When was ASSA ABLOY founded?
- On 01-01-1968.
- Is ASSA ABLOY still active?
- Yes, ASSA ABLOY is an active enterprise in the KBO register.
- How many employees does ASSA ABLOY have?
- On average 98.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ASSA ABLOY?
- €28.1m in financial year 2025, according to the filed annual accounts.
- Is ASSA ABLOY profitable?
- In financial year 2025, ASSA ABLOY made a loss of €2.2m.
- Where can I find the annual accounts of ASSA ABLOY?
- ASSA ABLOY filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASSA ABLOY due?
- By 31-07-2027, for financial year 2026.Timeline
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