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ASSET

Active
Public limited companyfounded 198937 yrs activeUilendreef 9, 2980 Zoersel, BelgiumKBO/BCE: BE 0436.494.654
Summary

ASSET has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227,692 and a net result of -€4,330. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability16▼-19
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 32.89 against 40.3 in 2024; short-term debt: 2.9% and cash: 23.4% of total assets), and 2.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
26 d late
2023
28 d late
2022
35 d early
2021
3 d early
2020
32 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ASSET was incorporated on 12 January 1989.1 The registered office was moved to Zoersel in 2026.2 Total assets fell from EUR 663,093 in 2018 to EUR 234,515 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 16-06-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€227,692▼ 1.9%
2024 · €232,022
Total assets
€234,515▼ 1.4%
2024 · €237,925
Net result
-€4,330▼ 60.7%
2024 · -€2,694
Working capital
€217,610▼ 6.2%
2024 · €232,022
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-€2,144▼ 26.7%-€2,542▼ 18.6%-€2,422▲ 4.7%-€2,664▼ 10.0%-€8,245▼ 209%
Net result€5,753▼ 3.7%-€2,401-€2,562▼ 6.7%-€2,694▼ 5.2%-€4,330▼ 60.7%
Equity€239,679▲ 2.5%€237,278▼ 1.0%€234,716▼ 1.1%€232,022▼ 1.1%€227,692▼ 1.9%
Total assets€679,013▲ 1.1%€449,051▼ 33.9%€240,625▼ 46.4%€237,925▼ 1.1%€234,515▼ 1.4%
Debt€439,333▲ 0.4%€211,773▼ 51.8%€5,909▼ 97.2%€5,903▼ 0.1%€6,823▲ 15.6%
Working capital€239,679▲ 2.5%€237,278▼ 1.0%€234,716▼ 1.1%€232,022▼ 1.1%€217,610▼ 6.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2021: -€2,144-€2,144Net result 2021: €5,753€5,753Operating result 2022: -€2,542-€2,542Net result 2022: -€2,401-€2,401Operating result 2023: -€2,422-€2,422Net result 2023: -€2,562-€2,562Operating result 2024: -€2,664-€2,664Net result 2024: -€2,694-€2,694Operating result 2025: -€8,245-€8,245Net result 2025: -€4,330-€4,33020212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€2,422-€2,420Net result 2023: -€2,562-€2,560Operating result 2024: -€2,664-€2,660Net result 2024: -€2,694-€2,690Operating result 2025: -€8,245-€8,240Net result 2025: -€4,330-€4,330202320242025
The operating result stays negative: a loss of €8,245 in 2025 against €2,664 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234,515
Fixed assets €10,082
Current assets €224,433
Equity and liabilities €234,515
Equity €227,692 ▼ 1.9%
Debt €6,823 ▲ 15.6%
Debt's share of the balance-sheet total rises from 2.5% to 2.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€7,892
Cash flow
-€3,977
Current ratio
32.89▼
2024 · 40.30
Debt to equity
0.03▲
2024 · 0.03
ROE
-1.9%▼
2024 · -1.2%
ROA
-1.8%▼
2024 · -1.1%
Interest coverage
-186.93
Debt ≤ 1 year
€6,823▲
2024 · €5,903
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 12,321 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 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€237,925€234,515▼
Fixed assets21/28-€10,082
Tangible fixed assets22/27-€10,082
Furniture and vehicles24-€10,082
Current assets29/58€237,925€224,433▼
Amounts receivable within one year40/41€74,096€169,468▲
Other amounts receivable41€74,096€169,468▲
Cash at bank and in hand54/58€163,829€54,965▼
Equity and liabilities
Total equity and liabilities10/49€237,925€234,515▼
Equity10/15€232,022€227,692▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€170,522€166,192▼
Non-distributable reserves130/1€26,649€26,649=
Legal reserve130€26,649€26,649=
Distributable reserves133€143,873€139,543▼
Amounts payable17/49€5,903€6,823▲
Amounts payable within one year42/48€5,903€6,823▲
Trade debts44€95€2,078▲
Suppliers440/4€95€2,078▲
Other amounts payable47/48€5,809€4,745▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€353
Other operating charges640/8€505€597▲
Gross operating margin9900-€2,159-€7,295▼
Operating profit (loss)9901-€2,664-€8,245▼
Financial income75/76B-€3,957
Recurring financial income75-€3,957
Financial charges65/66B€30€42▲
Recurring financial charges65€30€42▲
Profit (loss) for the period before taxes9903-€2,694-€4,330▼
Income taxes67/77€0-
Profit (loss) for the period9904-€2,694-€4,330▼
Profit (loss) for the period to be appropriated9905-€2,694-€4,330▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,694-€4,330▼
Transfer from equity791/2€2,694€4,330▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€353-
Other operating charges640/8€489€448€493€505€597▲ 18.1%
Gross operating margin9900-€1,656-€2,094-€1,928-€2,159-€7,295▼ 238%
Operating profit (loss)9901-€2,144-€2,542-€2,422-€2,664-€8,245▼ 209%
Financial income75/76B€10,051€0--€3,957-
Recurring financial income75€10,051€0--€3,957-
Financial charges65/66B€59€74€59€30€42▲ 40.7%
Recurring financial charges65€59€74€59€30€42▲ 40.7%
Profit (loss) for the period before taxes9903€7,848-€2,615-€2,481-€2,694-€4,330▼ 60.7%
Income taxes67/77€2,094-€214€82€0--
Profit (loss) for the period9904€5,753-€2,401-€2,562-€2,694-€4,330▼ 60.7%
Profit (loss) for the period to be appropriated9905€5,753-€2,401-€2,562-€2,694-€4,330▼ 60.7%
Line20212022202320242025Change
Assets
Total assets20/58€679,013€449,051€240,625€237,925€234,515▼ 1.4%
Fixed assets21/28----€10,082-
Tangible fixed assets22/27----€10,082-
Furniture and vehicles24----€10,082-
Current assets29/58€679,013€449,051€240,625€237,925€224,433▼ 5.7%
Amounts receivable within one year40/41€674,096€74,096€74,096€74,096€169,468▲ 129%
Other amounts receivable41€674,096€74,096€74,096€74,096€169,468▲ 129%
Cash at bank and in hand54/58€4,917€374,955€166,529€163,829€54,965▼ 66.4%
Equity and liabilities
Total equity and liabilities10/49€679,013€449,051€240,625€237,925€234,515▼ 1.4%
Equity10/15€239,679€237,278€234,716€232,022€227,692▼ 1.9%
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€178,179€175,778€173,216€170,522€166,192▼ 2.5%
Non-distributable reserves130/1€26,649€26,649€26,649€26,649€26,649=
Legal reserve130€26,649€26,649€26,649€26,649€26,649=
Distributable reserves133€151,531€149,130€146,567€143,873€139,543▼ 3.0%
Amounts payable17/49€439,333€211,773€5,909€5,903€6,823▲ 15.6%
Amounts payable within one year42/48€439,333€211,773€5,909€5,903€6,823▲ 15.6%
Trade debts44€255€84€101€95€2,078▲ 2,093%
Suppliers440/4€255€84€101€95€2,078▲ 2,093%
Taxes, remuneration and social security45€4,270€1,880€0---
Taxes450/3€4,270€1,880€0---
Other amounts payable47/48€434,809€209,809€5,809€5,809€4,745▼ 18.3%
Line20212022202320242025Change
Profit (loss) for the period9904€5,753-€2,401-€2,562-€2,694-€4,330▼ 60.7%
+ Depreciation and write-downs630----€353-
Operating cash flow (approximation)€5,753-€2,401-€2,562-€2,694-€3,977▼ 47.6%
Change in cash-€370,038-€208,426-€2,700-€108,864▼ 3,932%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
16-06
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 14-04-2026
  • Registered-office move, Uilendreef 9 te 2980 Zoersel
2025
31-12
Financial Weakest financial yearnet -€4,330
Net result drops to -€4,330, the lowest in the series.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Liquidity times 19current ratio 40.72
Current ratio from 2.12 to 40.72; short-term debt falls from €211,773 to €5,909.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €5,977 ▲103%
Net result €5,977, the highest in the series.
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
2,027 m²
Building footprint
210 m²
Parcel 11017A0033/00D000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ASSET
Uilendreef 9, 2980 ZoerselAir transport
since 19892.042.342.720
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11017A0033/00D000 Flanders 2,027 m² 1 · 210 m² -
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.

Identification & contact

Identification
Legal formPublic limited company
Founded12-01-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.