Assets Units

Active

Public limited companyfounded 20224 yrs activeRue des Mineurs(PER) 25, 7134 Binche, BelgiumKBO/BCE: BE 0790.381.734

Summary

The annual accounts of Assets Units for fiscal year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €13,138 and a net result of -€20,858. Equity is shrinking by ~49.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 15% of 5063 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch Report Compare

Assets UnitsActiveChecked score 53/100

Risk analysis Report Compare

Activity

Development of non-residential building projects

NACE 68122NACE 41102

Size

€939,784total assets 2025

Equity: €13,138
Loss: -€20,858

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 0.2%

Structure

Largest shareholder: FACO HOLDING · 50%

Accounts filed 20 d late0 of 1 deed read

Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Equity €13,138 (1.4% of total assets)- No establishment unit in the KBO+ Size: total assets €939,784+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 17% of its sector peers (NACE 68, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 26-4

equity 1.4% of total assets

Liquidity 9+4

short-term debt 96.0% · cash 6.9%

Profitability 32-1

return on assets -2.2%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)

Last 10 months 01-2026: 0.3% 02-2026: 0.3%▲ +0.3% vs 01-2026 03-2026: 0.3%● 0.0% vs 02-2026 04-2026: 0.3%▲ +0.6% vs 03-2026 05-2026: 0.3%▼ -2.4% vs 04-2026 06-2026: 0.4%▲ +16.0% vs 05-2026 07-2026: 0.4%▲ +12.7% vs 06-2026 08-2026: 0.7%▲ +64.7% vs 07-2026highest value 09-2026: 0.2%▼ -66.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value

Size: total assets €939,784 lowers the probability for this profile
Sector Real estate activities (NACE 68) lowers the probability
Equity €13,138 (1.4% of total assets) raises the probability
No establishment unit in the KBO raises the probability

Credit up to €500 at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.04 against 1.05 in 2024; short-term debt: 96% and cash: 6.9% of total assets), and 98.6% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 21%, liquidity 10%, profitability 28%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €939,784

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Sector Real estate activities (NACE 68)

In the bankruptcy model this factor lowers the probability.

KBO

Equity €13,138 (1.4% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

232425

2023 to 2025 · latest year -€20,858

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5063 sector peers (2025).

NBB · sector comparison

Position among 5063 sector peers

Solvency

better than 15%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 3 filings

Deviation from the deadline

2025

20 d late

2024

29 d late

2023

26 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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 27 August (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

20-08-26 Annual accounts filedfiscal year 2025 · full…
31-12-25 Weakest financial yearnet -€20,858
29-08-25 Annual accounts filedfiscal year 2024 · full…

Key points

Risk: 3 loss-making years in a rowloss fiscal year 2025 -€20,858 View
Caution: Among the weakest 15% on equitysector median €926,824 · 5,063 companies €13,138 View
Known shareholderslargest: FACO HOLDING 50% 100% View