Skip to content

ASSU

Active
Private limited companyfounded 200818 yrs activeBovenstraat 14a, 9850 Deinze, BelgiumKBO/BCE: BE 0895.085.712
Summary

ASSU has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €485,812 and a net result of €841. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67▲+7
Solvency100▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 7.14 against 4.59 in 2024; short-term debt: 7.6% and cash: 0.9% of total assets), and 22.9% of the assets are financed with debt.
Credit check for your own amount and term

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

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 · 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
77.1%
Return on assets
0.1%
Age of the figures
9 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
highest failure risk from 2 to 8 years 18 years 0 20 y
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
19 d late
2022
3 d early
2021
16 d late
2020
360 d late
2019
10 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 57 days after 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 31 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

ASSU was incorporated on 21 January 2008.1 Total assets went from EUR 587,675 in 2019 to EUR 630,228 in 2025 and headcount from 2 full-time equivalents in 2019 to 2 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€485,812▲ 0.2%
2024 · €484,971
Total assets
€630,228▼ 8.5%
2024 · €689,098
Net result
€841
2024 · -€9,893
Working capital
€293,973▼ 0.5%
2024 · €295,586
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€23,505▼ 8.1%€29,989▲ 27.6%€591,514▲ 1,872%-€3,989-€1,673▲ 58.1%
Net result€6,328▼ 7.3%€14,294▲ 126%€400,623▲ 2,703%-€9,893€841
Equity€78,014▼ 28.3%€81,231▲ 4.1%€494,854▲ 509%€484,971▼ 2.0%€485,812▲ 0.2%
Total assets€493,515▼ 12.1%€487,680▼ 1.2%€742,629▲ 52.3%€689,098▼ 7.2%€630,228▼ 8.5%
Debt€415,501▼ 8.3%€406,449▼ 2.2%€247,775▼ 39.0%€204,127▼ 17.6%€144,416▼ 29.3%
Working capital-€112,177▼ 107%-€104,617▲ 6.7%€325,189€295,586▼ 9.1%€293,973▼ 0.5%
Staff (FTE)2=
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2023 Net result +2,703% on 2022. This fiscal year ran 18 months, the previous one 12.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: €23,505€23,505Net result 2021: €6,328€6,328Operating result 2022: €29,989€29,989Net result 2022: €14,294€14,294Operating result 2023: €591,514€591,514Net result 2023: €400,623€400,623Operating result 2024: -€3,989-€3,989Net result 2024: -€9,893-€9,893Operating result 2025: -€1,673-€1,673Net result 2025: €841€84120212022202320242025-€200,000€0€200,000€400,000€600,000Operating result 2023: €591,514€592,000Net result 2023: €400,623€401,000Operating result 2024: -€3,989-€3,990Net result 2024: -€9,893-€9,890Operating result 2025: -€1,673-€1,670Net result 2025: €841€841202320242025
The operating result stays negative: a loss of €1,673 in 2025 against €3,989 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €630,228
Fixed assets €288,340 ▼ 7.3%
Current assets €341,888 ▼ 9.5%
Equity and liabilities €630,228
Equity €485,812 ▲ 0.2%
Debt €144,416 ▼ 29.3%
Debt's share of the balance-sheet total falls from 29.6% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,553▼
2024 · €30,710
Cash flow
€31,067▲
2024 · €24,806
Current ratio
7.14▲
2024 · 4.59
Debt to equity
0.30▼
2024 · 0.42
ROE
0.2%▲
2024 · -2.0%
ROA
0.1%▲
2024 · -1.4%
Interest coverage
5.81▲
2024 · 5.20
Debt ≤ 1 year
€47,915▼
2024 · €82,344
Debt > 1 year
€96,501▼
2024 · €121,783
Income taxes
-€7,425
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.3% went bankrupt
3.6% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,045 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 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€689,098€630,228▼
Fixed assets21/28€311,168€288,340▼
Tangible fixed assets22/27€311,168€288,340▼
Land and buildings22€232,435€219,045▼
Plant, machinery and equipment23-€1,422
Furniture and vehicles24€51,963€41,103▼
Other tangible fixed assets26€26,770€26,770=
Current assets29/58€377,930€341,888▼
Amounts receivable after more than one year29€346,667€320,000▼
Other amounts receivable291€346,667€320,000▼
Current investments50/53€16,247€16,247=
Cash at bank and in hand54/58€15,016€5,641▼
Equity and liabilities
Total equity and liabilities10/49€689,098€630,228▼
Equity10/15€484,971€485,812▲
Contributions10/11€28,500€28,500=
Reserves13€427,800€427,800=
Distributable reserves133€427,800€427,800=
Profit (loss) carried forward14€28,671€29,512▲
Amounts payable17/49€204,127€144,416▼
Amounts payable after more than one year17€121,783€96,501▼
Financial debts170/4€121,783€96,501▼
Amounts payable within one year42/48€82,344€47,915▼
Taxes, remuneration and social security45€31,000-
Taxes450/3€31,000-
Other amounts payable47/48€51,344€47,915▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,699€30,226▼
Other operating charges640/8€2,415€1,968▼
Gross operating margin9900€33,125€30,521▼
Operating profit (loss)9901-€3,989-€1,673▲
Financial charges65/66B€5,904€4,911▼
Recurring financial charges65€5,904€4,911▼
Profit (loss) for the period before taxes9903-€9,893-€6,584▲
Income taxes67/77--€7,425
Profit (loss) for the period9904-€9,893€841▲
Profit (loss) for the period to be appropriated9905-€9,893€841▲
Appropriation of the result
Profit (loss) to be appropriated9906€28,671€29,512▲
Profit (loss) brought forward from the previous period14P€38,564€28,671▼
Transfer from equity791/2€13,000-
Profit to be distributed694/7€13,000-
Directors or managers695€13,000-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€99,867€47,464---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,032€40,814€64,809€34,699€30,226▼ 12.9%
Other operating charges640/8-€8,251€3,830€2,415€1,968▼ 18.5%
Non-recurring operating charges66A--€1,486---
Gross operating margin9900€151,848€178,921€709,103€33,125€30,521▼ 7.9%
Operating profit (loss)9901€23,505€29,989€591,514-€3,989-€1,673▲ 58.1%
Recurring financial income75€6-----
Financial charges65/66B-€8,353€9,628€5,904€4,911▼ 16.8%
Recurring financial charges65€11,747€8,353€9,628€5,904€4,911▼ 16.8%
Profit (loss) for the period before taxes9903€11,764€21,636€581,886-€9,893-€6,584▲ 33.4%
Income taxes67/77€5,436€7,342€181,263--€7,425-
Profit (loss) for the period9904€6,328€14,294€400,623-€9,893€841▲ 109%
Transfer to tax-exempt reserves689-€14,000----
Profit (loss) for the period to be appropriated9905€25,078€294€400,623-€9,893€841▲ 109%
Line20212022202320242025Change
Assets
Total assets20/58€493,515€487,680€742,629€689,098€630,228▼ 8.5%
Fixed assets21/28€376,557€344,586€291,449€311,168€288,340▼ 7.3%
Tangible fixed assets22/27€376,557€344,586€291,449€311,168€288,340▼ 7.3%
Land and buildings22-€295,814€257,406€232,435€219,045▼ 5.8%
Plant, machinery and equipment23-€14,257€7,273-€1,422-
Furniture and vehicles24-€7,745-€51,963€41,103▼ 20.9%
Other tangible fixed assets26-€26,770€26,770€26,770€26,770=
Current assets29/58€116,958€143,094€451,180€377,930€341,888▼ 9.5%
Amounts receivable after more than one year29-€7,974€415,000€346,667€320,000▼ 7.7%
Trade receivables290-€7,974----
Other amounts receivable291--€415,000€346,667€320,000▼ 7.7%
Amounts receivable within one year40/41€25,144-----
Current investments50/53€16,246€16,246€21,247€16,247€16,247=
Cash at bank and in hand54/58€75,568€118,874€14,933€15,016€5,641▼ 62.4%
Equity and liabilities
Total equity and liabilities10/49€493,515€487,680€742,629€689,098€630,228▼ 8.5%
Equity10/15€78,014€81,231€494,854€484,971€485,812▲ 0.2%
Contributions10/11€20,000€20,000€20,000€28,500€28,500=
Capital10-€20,000€20,000---
Issued capital100-€29,528€29,528---
Uncalled capital101-€9,528€9,528---
Reserves13€21,300€36,300€449,300€427,800€427,800=
Non-distributable reserves130/1-€8,500€8,500---
Legal reserve130-€8,500€8,500---
Tax-exempt reserves132--€13,000---
Distributable reserves133-€27,800€427,800€427,800€427,800=
Profit (loss) carried forward14€36,714€24,931€25,554€28,671€29,512▲ 2.9%
Amounts payable17/49€415,501€406,449€247,775€204,127€144,416▼ 29.3%
Amounts payable after more than one year17€186,366€158,738€121,784€121,783€96,501▼ 20.8%
Financial debts170/4-€158,738€121,784€121,783€96,501▼ 20.8%
Amounts payable within one year42/48€229,135€247,711€125,991€82,344€47,915▼ 41.8%
Current portion of amounts payable after more than one year42-€27,627€24,225---
Trade debts44-€137----
Suppliers440/4-€137----
Taxes, remuneration and social security45-€19,869€31,000€31,000--
Taxes450/3-€6,500€31,000€31,000--
Remuneration and social security454/9-€13,369----
Other amounts payable47/48-€200,078€70,766€51,344€47,915▼ 6.7%
Line20212022202320242025Change
Profit (loss) for the period9904€6,328€14,294€400,623-€9,893€841▲ 109%
+ Depreciation and write-downs630€38,032€40,814€64,809€34,699€30,226▼ 12.9%
Operating cash flow (approximation)€44,360€55,108€465,432€24,806€31,067▲ 25.2%
Investment in fixed assets (approximation)--€8,843-€11,672-€54,418-€7,398▲ 86.4%
Change in cash-€43,306-€103,941€83-€9,375▼ 11,395%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €841
Net result €841 after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€9,893
Net result drops to -€9,893, the lowest in the series; recovery starts the following year.
19-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial Highest result since 2019net €400,623 ▲2,703%
Operating result €591,514, net result €400,623, both a record.
31-12
Financial Liquidity times 6current ratio 3.58
Current ratio from 0.58 to 3.58; short-term debt falls from €247,711 to €125,991.
31-12
Financial Equity above €200,000Eq €494,854 ▲509%
5 profitable years in a row build equity to €494,854.
28-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 360 days late
2020
10-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
Show earlier events
2019
29-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
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.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Deinze · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
2,651 m²
Building footprint
193 m²
Parcel 44030C0158/00X002, Flanders. Linked by address, not a title deed.
1 establishment unit
Verzekeringen Coppens
Bovenstraat 14a, 9850 DeinzeInsurance agents and brokers
since 20082.230.573.792
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44030C0158/00X002 Flanders 2,651 m² 1 · 193 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 formPrivate limited company
Founded21-01-2008
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 28 September 2026 · Peppol Directory

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