Assenmaker
ActiveSummary
Assenmaker has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172,812 and a net result of -€34,227. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 1910 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-34
Solvency76▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 2.2 in 2024; short-term debt: 48.6% and cash: 62.7% of total assets), and 48.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
36 d early
2023
14 d early
2022
19 d early
2021
5 d early
2020
12 d late
2019
42 d 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 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Ferrières
Equity
€172,812▼ 16.5%
2024 · €207,040
Total assets
€336,285▼ 9.3%
2024 · €370,772
Net result
-€34,227
2024 · €357
Working capital
€53,042▼ 72.9%
2024 · €195,820
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€114,847▼ 17.1%€84,754▼ 26.2%-€91,696-€1,645▲ 98.2%-€36,486▼ 2,118%
Net result€67,341▼ 24.4%€51,789▼ 23.1%-€90,856€357-€34,227
Equity€444,201▲ 17.3%€494,023▲ 11.2%€402,179▼ 18.6%€207,040▼ 48.5%€172,812▼ 16.5%
Total assets€772,548▲ 11.6%€715,270▼ 7.4%€587,334▼ 17.9%€370,772▼ 36.9%€336,285▼ 9.3%
Debt€328,347▲ 4.8%€221,247▼ 32.6%€185,155▼ 16.3%€163,732▼ 11.6%€163,473▼ 0.2%
Working capital€411,861▲ 27.3%€482,671▲ 17.2%€394,848▼ 18.2%€195,820▼ 50.4%€53,042▼ 72.9%
Staff (FTE)4.3=4.3=4.3=
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 €36,486 in 2025 against €1,645 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336,285
Fixed assets
€119,903 ▲ 944%
Current assets
€216,382 ▼ 39.8%
Equity and liabilities €336,285
Equity
€172,812 ▼ 16.5%
Debt
€163,473 ▼ 0.2%
Debt's share of the balance-sheet total rises from 44.2% to 48.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€27,811▼
2024 · €1,327
Cash flow
-€25,552▼
2024 · €3,329
Current ratio
1.32▼
2024 · 2.20
Quick ratio
1.32▼
2024 · 2.19
Debt to equity
0.95▲
2024 · 0.79
ROE
-19.8%▼
2024 · 0.2%
ROA
-10.2%▼
2024 · 0.1%
Interest coverage
-49.45▼
2024 · 2.57
Debt ≤ 1 year
€163,340▼
2024 · €163,467
Income taxes
-€794▼
2024 · €1,550
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €38,217 | €3,490 | ▼ 90.9% |
| Remuneration, social security and pensions62 | €210,034 | €218,266 | €248,852 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,229 | €22,080 | €3,241 | €2,971 | €8,675 | ▲ 192% |
| Other operating charges640/8 | €9,898 | €9,026 | €11,450 | €9,227 | €9,131 | ▼ 1.0% |
| Gross operating margin9900 | €357,008 | €334,126 | €171,848 | €10,553 | -€18,680 | ▼ 277% |
| Operating profit (loss)9901 | €114,847 | €84,754 | -€91,696 | -€1,645 | -€36,486 | ▼ 2,118% |
| Financial income75/76B | €7,535 | €3,186 | €1,895 | €4,067 | €2,026 | ▼ 50.2% |
| Recurring financial income75 | €7,535 | €3,186 | €1,895 | €4,067 | €2,026 | ▼ 50.2% |
| Financial charges65/66B | €11,941 | €9,538 | €830 | €516 | €562 | ▲ 9.1% |
| Recurring financial charges65 | €11,941 | €9,538 | €830 | €516 | €562 | ▲ 9.1% |
| Profit (loss) for the period before taxes9903 | €110,441 | €78,402 | -€90,631 | €1,907 | -€35,022 | ▼ 1,936% |
| Income taxes67/77 | €43,100 | €26,613 | €224 | €1,550 | -€794 | ▼ 151% |
| Profit (loss) for the period9904 | €67,341 | €51,789 | -€90,856 | €357 | -€34,227 | ▼ 9,677% |
| Profit (loss) for the period to be appropriated9905 | €67,341 | €51,789 | -€90,856 | €357 | -€34,227 | ▼ 9,677% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €772,548 | €715,270 | €587,334 | €370,772 | €336,285 | ▼ 9.3% |
| Fixed assets21/28 | €46,671 | €24,591 | €11,024 | €11,485 | €119,903 | ▲ 944% |
| Tangible fixed assets22/27 | €46,392 | €24,313 | €10,875 | €11,485 | €119,903 | ▲ 944% |
| Land and buildings22 | €31,497 | €13,836 | €10,875 | €11,485 | €119,903 | ▲ 944% |
| Furniture and vehicles24 | €14,896 | €10,477 | - | - | - | - |
| Financial fixed assets28 | €279 | €279 | €149 | €0 | - | - |
| Current assets29/58 | €725,876 | €690,679 | €576,310 | €359,288 | €216,382 | ▼ 39.8% |
| Stocks and contracts in progress3 | €252,449 | €76,188 | €1,429 | €1,429 | €1,429 | = |
| Stocks30/36 | €252,449 | €76,188 | €1,429 | €1,429 | €1,429 | = |
| Amounts receivable within one year40/41 | €74,972 | €115,601 | €34,927 | €6,304 | €2,065 | ▼ 67.2% |
| Trade receivables40 | €74,883 | €108,214 | €27,990 | €5,958 | €1,977 | ▼ 66.8% |
| Other amounts receivable41 | €90 | €7,387 | €6,937 | €345 | €88 | ▼ 74.6% |
| Cash at bank and in hand54/58 | €398,455 | €498,890 | €539,247 | €349,036 | €210,993 | ▼ 39.5% |
| Deferred charges and accrued income490/1 | - | - | €707 | €2,518 | €1,895 | ▼ 24.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €772,548 | €715,270 | €587,334 | €370,772 | €336,285 | ▼ 9.3% |
| Equity10/15 | €444,201 | €494,023 | €402,179 | €207,040 | €172,812 | ▼ 16.5% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €362,808 | €414,596 | €414,596 | €219,100 | €219,100 | = |
| Non-distributable reserves130/1 | €30,546 | €30,546 | €30,546 | - | - | - |
| Legal reserve130 | €30,546 | €30,546 | €30,546 | - | - | - |
| Distributable reserves133 | €332,261 | €384,050 | €384,050 | €219,100 | €219,100 | = |
| Profit (loss) carried forward14 | €16,938 | €16,938 | -€73,918 | -€73,560 | -€107,788 | ▼ 46.5% |
| Investment grants15 | €2,955 | €988 | - | - | - | - |
| Amounts payable17/49 | €328,347 | €221,247 | €185,155 | €163,732 | €163,473 | ▼ 0.2% |
| Amounts payable within one year42/48 | €314,015 | €208,007 | €181,461 | €163,467 | €163,340 | ▼ 0.1% |
| Trade debts44 | €34,561 | €15,844 | €24,138 | €5,208 | €14,431 | ▲ 177% |
| Suppliers440/4 | €34,561 | €15,844 | €24,138 | €5,208 | €14,431 | ▲ 177% |
| Taxes, remuneration and social security45 | €55,776 | €69,010 | €32,415 | €1,350 | €3,099 | ▲ 130% |
| Taxes450/3 | €23,340 | €28,885 | €16,559 | €1,350 | €3,099 | ▲ 130% |
| Remuneration and social security454/9 | €32,436 | €40,125 | €15,856 | - | - | - |
| Other amounts payable47/48 | €223,678 | €123,154 | €124,909 | €156,909 | €145,811 | ▼ 7.1% |
| Accrued charges and deferred income492/3 | €14,332 | €13,240 | €3,694 | €265 | €132 | ▼ 50.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,341 | €51,789 | -€90,856 | €357 | -€34,227 | ▼ 9,677% |
| + Depreciation and write-downs630 | €22,229 | €22,080 | €3,241 | €2,971 | €8,675 | ▲ 192% |
| Operating cash flow (approximation) | €89,571 | €73,869 | -€87,614 | €3,329 | -€25,552 | ▼ 868% |
| Investment in fixed assets (approximation) | - | €0 | €10,326 | -€3,432 | -€117,094 | ▼ 3,312% |
| Change in cash | - | €100,435 | €40,358 | -€190,211 | -€138,043 | ▲ 27.4% |
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
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €357
Net result €357 after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€90,856
Net result drops to -€90,856, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Highest result since 2018net €89,052 ▲1,767%
Operating result €138,462, net result €89,052, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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, Ferrières · 1 establishment unit since 1974
Ground area
3.5 ha
Parcel 61019C0120/00N000, Wallonia. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Assenmaker
since 19742.035.885.686
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61019C0120/00N000 | Wallonia | 3.5 ha | - | - |
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.
Similar companies · same sector, comparable size
VERMES
BE 0431.867.160
Torhout · Eq €172,812
TRC Concept
BE 0454.211.705
Plombières · Eq €171,941
PIVETE
BE 0681.983.442
Genk · Eq €167,063
HEYERICK PROJECTS
BE 0802.698.853
Nazareth-De Pinte · Eq €164,432
ATELIER A. NEYCKEN
BE 0444.269.995
Dison · Eq €162,487
Of 559 companies in sector 25999 we hold annual accounts for 353. 248 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-03-1956
Fiscal year end31-12
Activities, NACEBEL 2025
25999Manufacture of fabricated metal products, except machinery and equipment
Contact
Scores and ratios are computed by Checked and are not a credit decision.