ASSOS
The computed 12-month bankruptcy probability of ASSOS is 1.6% (moderate). The 2025 annual accounts show equity of €13k and a net result of €-10k. Equity is shrinking by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 3462 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €13k |
| Net result | €-10k |
| Better than sector | 79% |
| Active | 23 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 61.8% | 29.8% | |
| Net result | €-10k | €11k | |
| Equity | €13k | €90k | |
| Gross operating margin | €-9k | €260k | |
| Total assets | €20k | €375k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-9k | €2k | €3k | €-9k | €11k |
| Net profit | €-10k | €1k | €1k | €-8k | €11k |
| Cash flow | €-9k | €2k | €2k | €-8k | €11k |
| Staff costs | - | - | - | €77 | €3k |
| Income taxes | - | €340 | €1k | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €20k | €47k | €39k | €29k | €30k |
| Equity | €13k | €23k | €21k | €20k | €28k |
| Debt | €8k | €24k | €18k | €10k | €1k |
| of which ≤ 1y | €8k | €24k | €18k | €10k | €1k |
| of which > 1y | - | - | - | - | - |
| Working capital | €4k | €20k | €20k | €18k | €26k |
| Employees (FTE) | - | - | - | - | 0.7 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.54 | 1.82 | 2.11 | 2.89 | 19.91 |
| Quick ratio | 1.36 | 1.76 | 2.00 | 2.64 | 19.75 |
| Working capital ratio | 20.5% | 42.6% | 50.7% | 61.5% | 88.1% |
| Solvency | 61.8% | 48.2% | 54.2% | 67.5% | 95.3% |
| Debt / equity | 0.62 | 1.07 | 0.84 | 0.48 | 0.05 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -139.27 | 17.83 | 72.80 | -149.32 | 61.81 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -48.9% | 2.6% | 3.8% | -28.8% | 36.6% |
| ROE | -79.1% | 5.4% | 7.0% | -42.7% | 38.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €20k | €47k | €39k | €29k | €30k |
| Fixed assets | 21/28 | €8k | €3k | €1k | €2k | €2k |
| Tangible fixed assets | 22/27 | €8k | €3k | €1k | €2k | €2k |
| Current assets | 29/58 | €12k | €44k | €38k | €28k | €27k |
| Stocks & contracts in progress | 3 | €1k | €2k | €2k | €2k | €220 |
| Amounts receivable within one year | 40/41 | €3k | €10k | €10k | €715 | €1k |
| Cash & bank | 54/58 | €7k | €11k | €5k | €3k | €4k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €20k | €47k | €39k | €29k | €30k |
| Equity | 10/15 | €13k | €23k | €21k | €20k | €28k |
| Contributions / capital | 10/11 | €19k | €19k | €20k | €19k | €19k |
| Reserves | 13 | €1k | €1k | - | €1k | €1k |
| Accumulated profits (losses) | 14 | €-7k | €3k | €2k | €21 | €8k |
| Amounts payable | 17/49 | €8k | €24k | €18k | €10k | €1k |
| Amounts payable within one year | 42/48 | €8k | €24k | €18k | €10k | €1k |
| Trade debts payable within one year | 44 | €2k | €2k | €61 | €208 | - |
| Income statement | ||||||
| Gross operating margin | 9900 | €-9k | €5k | €4k | €-8k | €16k |
| Operating result | 9901 | €-10k | €2k | €3k | €-9k | €10k |
| Financial income | 75 | - | - | €1 | €960 | €960 |
| Financial charges | 65 | €64 | €129 | €45 | €60 | €170 |
| Result before taxes | 9903 | €-10k | €2k | €3k | €-8k | €11k |
| Income taxes | 67/77 | - | €340 | €1k | - | - |
| Net result for the period | 9904 | €-10k | €1k | €1k | €-8k | €11k |
| Result to be appropriated | 9905 | €-10k | €1k | €1k | €-8k | €11k |
-
KUTLU ApdilkadirNon-statutory directorState Gazette act 24319915 (11-01-2024)Current11-01-2024 → present
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 12-06-2003 |
| Status | Active |
| Postal code | 9000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44810K0063/00A007 | Flanders | 247 m² | 1 · 175 m² | 11.0 m · 2 fl. |
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.
11-01-2024 KUTLU Apdilkadir appointed as non-statutory director
- KUTLU Apdilkadir, Niet-statutair bestuurder
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleent volledige en algehele kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "niet_statutair bestuurder",
"person": {
"rrn": null,
"name": "KUTLU Apdilkadir",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Wordt benoemd tot niet-statutair bestuurder voor een onbepaalde duur: \u2022 De heer KUTLU Apdilkadir, voornoemd;",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Xavier VANHAELEMEESCH",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-11",
"filing_date": "2024-01-09",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-11-16",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0860.057.428",
"name_full": "ASSOS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Xavier Vanhaelemeesch",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | ASSOS |