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ASSO PROJECTS

Active
Private limited companyfounded 201412 yrs activeKraailokerkweg 1, 9990 Maldegem, BelgiumKBO/BCE: BE 0555.935.902

ASSO PROJECTS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206k and a net result of €9k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 27% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
54 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-3
Solvency51▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.08 in 2024; short-term debt: 71.4% and cash: 0.4% of total assets), and 74.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.9%
Return on assets
1.1%
Age of the figures
12 mo
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
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-01-2026, 105 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
105 d early
2024
43 d early
2023
21 d late
2022
40 d early
2021
36 d early
2020
15 d early
2019
22 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€206k▲ 4.3%
2024 · €197k
2018: €236k 2019: €244k 2020: €214k 2021: €181k 2022: €206k 2023: €192k 2024: €197k
2018 → 2025
Total assets
€795k▼ 9.1%
2024 · €874k
2018: €799k 2019: €778k 2020: €783k 2021: €799k 2022: €837k 2023: €872k 2024: €874k
2018 → 2025
Net result
€9k▲ 74.5%
2024 · €5k
2018: €16k 2019: €8k 2020: €-30k 2021: €-33k 2022: €25k 2023: €-14k 2024: €5k
2018 → 2025
Working capital
€-554k▲ 7.4%
2024 · €-599k
2018: €-422k 2019: €-493k 2020: €-534k 2021: €-573k 2022: €-572k 2023: €-608k 2024: €-599k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€181k-€206k▲ 13.8%€192k▼ 6.6%€197k▲ 2.5%€206k▲ 4.3%
Operating result€-17k-€37k€3k▼ 92.7%€28k▲ 933%€33k▲ 18.1%
Net result€-33k-€25k€-14k€5k€9k▲ 74.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2021: €-17k€-17kNet result 2021: €-33k€-33kOperating result 2022: €37k€37kNet result 2022: €25k€25kOperating result 2023: €3k€3kNet result 2023: €-14k€-14kOperating result 2024: €28k€28kNet result 2024: €5k€5kOperating result 2025: €33k€33kNet result 2025: €9k€9k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €795k
Fixed assets €782k▼ 5.0%
Current assets €13k▼ 74.8%
Equity and liabilities €795k
Equity €206k▲ 4.3%
Debt €589k▼ 13.0%
The debt ratio falls from 77.4% to 74.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34k
2024 · €42k
Cash flow
€10k
2024 · €19k
Solvency
25.9%
2024 · 22.6%
Current ratio
0.02
2024 · 0.08
Quick ratio
0.02
2024 · 0.08
Debt / equity
2.86
2024 · 3.43
ROE
4.2%
2024 · 2.5%
ROA
1.1%
2024 · 0.6%
Interest coverage
1.42
2024 · 1.84
Debt
€589k
2024 · €677k
Debt ≤ 1 year
€567k
2024 · €650k
Debt > 1 year
€0
2024 · €5k
Income taxes
€603
2024 · €167
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€874k€795k
Fixed assets21/28€822k€782k
Tangible fixed assets22/27€47k€7k
Plant, machinery and equipment23€1k€542
Furniture and vehicles24€46k€6k
Financial fixed assets28€775k€775k=
Current assets29/58€52k€13k
Amounts receivable within one year40/41€51k€9k
Trade receivables40€50k€9k
Other amounts receivable41€111€414
Cash at bank and in hand54/58€0€3k
Deferred charges and accrued income490/1€1k€881
Equity and liabilities
Total equity and liabilities10/49€874k€795k
Equity10/15€197k€206k
Contributions10/11€200k€200k=
Reserves13€2k€6k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€6k
Profit (loss) carried forward14€-5k€0
Amounts payable17/49€677k€589k
Amounts payable after more than one year17€5k€0
Financial debts170/4€5k€0
Amounts payable within one year42/48€650k€567k
Current portion of amounts payable after more than one year42€18k€0
Financial debts43€2k€25
Credit institutions430/8€2k€25
Trade debts44€4k€6k
Suppliers440/4€4k€6k
Advances received on contracts in progress46€309€309=
Taxes, remuneration and social security45€16k€15k
Taxes450/3€14k€2k
Remuneration and social security454/9€2k€13k
Other amounts payable47/48€610k€545k
Accrued charges and deferred income492/3€21k€22k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€984
Other operating charges640/8€11k€10k
Non-recurring operating charges66A€1k€29k
Gross operating margin9900€54k€73k
Operating profit (loss)9901€28k€33k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€23k€24k
Recurring financial charges65€23k€24k
Profit (loss) for the period before taxes9903€5k€9k
Income taxes67/77€167€603
Profit (loss) for the period9904€5k€9k
Profit (loss) for the period to be appropriated9905€5k€9k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€4k
Profit (loss) brought forward from the previous period14P€-10k€-5k
Transfer to equity691/2-€4k
To other reserves6921-€4k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
15-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Equity above €200kEq €206k ▲4.3%
2 profitable years in a row build equity to €206k.
18-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
21-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Back to profitnet €25k
Net result €25k after 2 loss-making years.
30-09
Financial Equity above €200kEq €206k ▲13.8%
Equity rises from €181k to €206k.
25-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
15-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
07-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
27-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Maldegem · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kraailokerkweg 19990 Maldegem
Ground area
1,964 m²
Building footprint
158 m²
Volume, LiDAR
829 m³
Parcel 43010C1246/00D002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASSO PROJECTS
Kraailokerkweg 1, 9990 MaldegemAgents specialised in the wholesale of other particular products
since 20142.233.027.397
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43010C1246/00D002 Flanders 1,964 m² 1 · 158 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,763 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-07-2014
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.