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ASSANDUST

Active
Private limited companyfounded 2024active for 2 yearsWarande 6, 9971 Kaprijke, BelgiumKBO/BCE: BE 1010.498.290
Summary

ASSANDUST has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,791 and a net result of -€28,209. The computed 12-month bankruptcy probability is 1.1% (low).

Financials · financial year 2025, micro format

Equity
€31,791
Total assets
€391,262
Net result
-€28,209
Working capital
-€15,563

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €391,262
Fixed assets €388,200
Current assets €3,062
Equity and liabilities €391,262
Equity €31,791
Debt €359,471
Debt finances 91.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
0.16
Debt to equity
11.31
ROE
-88.7%
ROA
-7.2%
Debt ≤ 1 year
€18,624
Debt > 1 year
€340,693

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 92.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,301 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€391,262
Fixed assets21/28€388,200
Tangible fixed assets22/27€388,200
Land and buildings22€364,000
Assets under construction and advance payments27€24,200
Current assets29/58€3,062
Cash at bank and in hand54/58€3,062
Equity and liabilities
Total equity and liabilities10/49€391,262
Equity10/15€31,791
Contributions10/11€60,000
Profit (loss) carried forward14-€28,209
Amounts payable17/49€359,471
Amounts payable after more than one year17€340,693
Financial debts170/4€340,693
Amounts payable within one year42/48€18,624
Current portion of amounts payable after more than one year42€17,995
Trade debts44€629
Suppliers440/4€629
Accrued charges and deferred income492/3€154
Income statement Code2025
Other operating charges640/8€260
Gross operating margin9900-€14,310
Operating profit (loss)9901-€14,570
Financial charges65/66B€13,639
Recurring financial charges65€13,639
Profit (loss) for the period before taxes9903-€28,209
Profit (loss) for the period9904-€28,209
Profit (loss) for the period to be appropriated9905-€28,209
Appropriation of the result
Profit (loss) to be appropriated9906-€28,209

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€260
Gross operating margin9900-€14,310
Operating profit (loss)9901-€14,570
Financial charges65/66B€13,639
Recurring financial charges65€13,639
Profit (loss) for the period before taxes9903-€28,209
Profit (loss) for the period9904-€28,209
Profit (loss) for the period to be appropriated9905-€28,209
Line2025
Assets
Total assets20/58€391,262
Fixed assets21/28€388,200
Tangible fixed assets22/27€388,200
Land and buildings22€364,000
Assets under construction and advance payments27€24,200
Current assets29/58€3,062
Cash at bank and in hand54/58€3,062
Equity and liabilities
Total equity and liabilities10/49€391,262
Equity10/15€31,791
Contributions10/11€60,000
Profit (loss) carried forward14-€28,209
Amounts payable17/49€359,471
Amounts payable after more than one year17€340,693
Financial debts170/4€340,693
Amounts payable within one year42/48€18,624
Current portion of amounts payable after more than one year42€17,995
Trade debts44€629
Suppliers440/4€629
Accrued charges and deferred income492/3€154
Line2025
Profit (loss) for the period9904-€28,209
Operating cash flow (approximation)-€28,209

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 10-06-2026 2026-00150454

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.