Assoc Services
ActiveSummary
Assoc Services has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,622 and a net result of -€16,064. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 58% of 222 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-23
Solvency67▼-33
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.14 against 45.41 in 2024; short-term debt: 58.3% and cash: 8.1% of total assets), and 58.3% of the assets are financed with debt.
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Signals
Seven 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.7%
Return on assets
-11.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€16,064
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 20-02-2026, 161 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
161 d early
2024
174 d early
2023
166 d early
2022
175 d early
2021
154 d early
2020
143 d early
2019
150 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 160 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% 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. Usually files around 16 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€16,064▼ 442%
2024 · -€2,962
Working capital
-€67,968
2024 · €11,103
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,223-€367▲ 91.3%-€6,396▼ 1,643%-€2,916▲ 54.4%-€16,021▼ 449%
Net result-€6,128below the sector's middle half-€464within the sector's middle half▲ 92.4%-€6,441within the sector's middle half▼ 1,288%-€2,962within the sector's middle half▲ 54.0%-€16,064within the sector's middle half▼ 442%
Equity€82,553below the sector's middle half▼ 6.9%€82,089below the sector's middle half▼ 0.6%€75,648below the sector's middle half▼ 7.8%€72,686below the sector's middle half▼ 3.9%€56,622below the sector's middle half▼ 22.1%
Total assets€82,824below the sector's middle half▼ 7.5%€83,189below the sector's middle half▲ 0.4%€75,748below the sector's middle half▼ 8.9%€72,936below the sector's middle half▼ 3.7%€135,622below the sector's middle half▲ 85.9%
Debt€271▼ 69.4%€1,100▲ 306%€100▼ 90.9%€250▲ 150%€79,000▲ 31,500%
Working capital€47,292below the sector's middle half▲ 14.8%€60,035within the sector's middle half▲ 26.9%€14,065below the sector's middle half▼ 76.6%€11,103within the sector's middle half▼ 21.1%-€67,968below the sector's middle half
Solvency99.7%above the sector's middle half▲ 0.7pp98.7%above the sector's middle half▼ 1.0pp99.9%above the sector's middle half▲ 1.2pp99.7%above the sector's middle half▼ 0.2pp41.7%within the sector's middle half▼ 57.9pp
Current ratio45.41above the sector's middle half0.14below the sector's middle half▼ 45.27
Return on assets (ROA)-7.4%below the sector's middle half▼ 15.0pp-0.6%within the sector's middle half▲ 6.8pp-8.5%below the sector's middle half▼ 7.9pp-4.1%below the sector's middle half▲ 4.4pp-11.8%below the sector's middle half▼ 7.8pp
above
within
below
the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16,021 in 2025 against €2,916 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 €135,622
Fixed assets
€124,590 ▲ 102%
Current assets
€11,032 ▼ 2.8%
Equity and liabilities €135,622
Equity
€56,622 ▼ 22.1%
Debt
€79,000 ▲ 31,500%
Debt's share of the balance-sheet total rises from 0.3% to 58.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€6,748
Cash flow
-€6,791
Debt to equity
1.40▲
2024 · 0.00
ROE
-28.4%▼
2024 · -4.1%
Interest coverage
-156.93
Debt ≤ 1 year
€79,000▲
2024 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 85% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
85%
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 0.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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% 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 5,834 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,207 | €12,207 | €5,890 | - | €9,273 | - |
| Other operating charges640/8 | - | €84 | €86 | €3,971 | €90 | ▼ 97.7% |
| Gross operating margin9900 | €8,150 | €11,924 | -€420 | €1,055 | -€6,658 | ▼ 731% |
| Operating profit (loss)9901 | -€4,223 | -€367 | -€6,396 | -€2,916 | -€16,021 | ▼ 449% |
| Financial charges65/66B | - | €97 | €45 | €46 | €43 | ▼ 6.5% |
| Recurring financial charges65 | €96 | €97 | €45 | €46 | €43 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | -€4,319 | -€464 | -€6,441 | -€2,962 | -€16,064 | ▼ 442% |
| Income taxes67/77 | €1,809 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€6,128 | -€464 | -€6,441 | -€2,962 | -€16,064 | ▼ 442% |
| Profit (loss) for the period to be appropriated9905 | -€6,128 | -€464 | -€6,441 | -€2,962 | -€16,064 | ▼ 442% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,824 | €83,189 | €75,748 | €72,936 | €135,622 | ▲ 85.9% |
| Fixed assets21/28 | €35,261 | €23,054 | €61,583 | €61,583 | €124,590 | ▲ 102% |
| Tangible fixed assets22/27 | €35,261 | €23,054 | €61,583 | €61,583 | €124,590 | ▲ 102% |
| Plant, machinery and equipment23 | - | €22,885 | €31,418 | €31,418 | €25,696 | ▼ 18.2% |
| Furniture and vehicles24 | - | €169 | €30,165 | €30,165 | €98,894 | ▲ 228% |
| Current assets29/58 | €47,563 | €60,135 | €14,165 | €11,353 | €11,032 | ▼ 2.8% |
| Current investments50/53 | €47,563 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €60,135 | €14,165 | €11,353 | €11,032 | ▼ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,824 | €83,189 | €75,748 | €72,936 | €135,622 | ▲ 85.9% |
| Equity10/15 | €82,553 | €82,089 | €75,648 | €72,686 | €56,622 | ▼ 22.1% |
| Contributions10/11 | €30,987 | €30,987 | €15,000 | €15,000 | €15,000 | = |
| Capital10 | - | €30,987 | €15,000 | €15,000 | €15,000 | = |
| Issued capital100 | - | €30,987 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €3,098 | €3,098 | - | - | - | - |
| Non-distributable reserves130/1 | - | €3,098 | - | - | - | - |
| Legal reserve130 | - | €3,098 | - | - | - | - |
| Profit (loss) carried forward14 | €48,468 | €48,004 | €60,648 | €57,686 | €41,622 | ▼ 27.8% |
| Amounts payable17/49 | €271 | €1,100 | €100 | €250 | €79,000 | ▲ 31,500% |
| Amounts payable within one year42/48 | €271 | €100 | €100 | €250 | €79,000 | ▲ 31,500% |
| Taxes, remuneration and social security45 | - | €100 | €100 | €100 | €4,000 | ▲ 3,900% |
| Taxes450/3 | - | €100 | €100 | €100 | €4,000 | ▲ 3,900% |
| Other amounts payable47/48 | - | - | - | €150 | €75,000 | ▲ 49,900% |
| Accrued charges and deferred income492/3 | - | €1,000 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,128 | -€464 | -€6,441 | -€2,962 | -€16,064 | ▼ 442% |
| + Depreciation and write-downs630 | €12,207 | €12,207 | €5,890 | - | €9,273 | - |
| Operating cash flow (approximation) | €6,079 | €11,743 | -€551 | -€2,962 | -€6,791 | ▼ 129% |
| Investment in fixed assets (approximation) | - | €0 | -€44,419 | €0 | -€72,280 | - |
| Change in cash | - | - | -€45,970 | -€2,812 | -€321 | ▲ 88.6% |
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
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€16,064
Net result drops to -€16,064, the lowest in the series.
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 601.35
Current ratio from 175.51 to 601.35; short-term debt falls from €271 to €100.
27-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 175.51
Current ratio from 47.52 to 175.51; short-term debt falls from €886 to €271.
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 47.52
Current ratio from 15.13 to 47.52; short-term debt falls from €5,638 to €886.
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €16,488 ▲277%
Operating result €25,109, net result €16,488, both a record.
Show earlier events
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
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 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 2 establishment units since 1976
Ground area
1.0 ha
Building footprint
434 m²
Volume, LiDAR
2,909 m³
2 parcels, Brussels, Wallonia · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
2 establishment units
ASS SERV SPRL
since 19762.012.798.597
ASS SERV SPRL
since 20102.216.622.917
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92015B0181/00K000 | Wallonia | 1.0 ha | 1 · 245 m² | - |
| 21673D0089/00X006 | Brussels | 286 m² | 1 · 190 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,013 companies in this sector we hold annual accounts for 644. 444 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-09-1976
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
47400Retail sale of information and communication equipment
77330Rental and leasing activities
Contact
E-mail
pasc.descamps@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416926586
Also
9925:BE0416926586
Registered
29-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.