ASSUCREDIMO
ActiveFrom the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ASSUCREDIMO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,801 and a net result of €26,447. Equity fluctuates too strongly from year to year to read a trend from it. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, micro format
2025 annual accounts filed 60 days after the deadline Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00529589.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 29-09-2026
- Format
- micro format
- Reference
- 2026-00529589
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 51% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as ASSUCREDIMO has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASSUCREDIMO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ASSUCREDIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,424 | €2,311 | €1,602 | €1,166 | €615 | €23,669 | €5,825 | €11,452 | ▲ 96.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €5,500 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,417 | €1,865 | €3,744 | €3,429 | €2,690 | ▼ 21.5% |
| Non-recurring operating charges66A | - | - | - | - | €16,116 | - | - | - | - |
| Gross operating margin9900 | -€6,536 | -€38,492 | -€7,047 | €87 | €20,645 | €48,070 | €29,715 | €44,983 | ▲ 51.4% |
| Operating profit (loss)9901 | -€42,975 | -€42,741 | -€10,226 | -€2,496 | -€3,450 | €20,657 | €20,461 | €30,841 | ▲ 50.7% |
| Financial income75/76B | - | - | - | - | €1 | €0 | €0 | - | - |
| Recurring financial income75 | - | - | - | - | €1 | €0 | €0 | - | - |
| Financial charges65/66B | - | - | - | €955 | €3,795 | €1,161 | €1,146 | €4,147 | ▲ 262% |
| Recurring financial charges65 | €1,125 | €1,556 | €1,213 | €955 | €3,795 | €1,161 | €1,146 | €4,147 | ▲ 262% |
| Profit (loss) for the period before taxes9903 | -€44,100 | -€42,519 | -€11,439 | -€3,451 | -€7,244 | €19,496 | €19,315 | €26,693 | ▲ 38.2% |
| Income taxes67/77 | €291 | €118 | - | - | - | - | €22 | €247 | ▲ 998% |
| Profit (loss) for the period9904 | -€44,391 | -€42,637 | -€11,439 | -€3,451 | -€7,244 | €19,496 | €19,292 | €26,447 | ▲ 37.1% |
| Profit (loss) for the period to be appropriated9905 | -€44,391 | -€42,637 | -€11,439 | -€3,451 | -€7,244 | €19,496 | €19,292 | €26,447 | ▲ 37.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €115,786 | €53,142 | €36,737 | €28,833 | €221,648 | €274,419 | €216,010 | €230,699 | ▲ 6.8% |
| Fixed assets21/28 | €14,575 | €14,535 | €12,933 | €11,766 | €12,834 | €176,246 | €192,490 | €182,274 | ▼ 5.3% |
| Tangible fixed assets22/27 | €14,575 | €13,915 | €12,313 | €11,146 | €12,214 | €175,626 | €191,870 | €181,654 | ▼ 5.3% |
| Land and buildings22 | - | - | - | €11,146 | €10,531 | €127,533 | €123,883 | €120,233 | ▼ 2.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €44,913 | €60,928 | ▲ 35.7% |
| Furniture and vehicles24 | - | - | - | - | - | €1,569 | €1,376 | €493 | ▼ 64.2% |
| Assets under construction and advance payments27 | - | - | - | - | €1,682 | €46,524 | €21,698 | - | - |
| Financial fixed assets28 | - | €620 | €620 | €620 | €620 | €620 | €620 | €620 | = |
| Current assets29/58 | €101,211 | €38,607 | €23,804 | €17,067 | €208,814 | €98,174 | €23,520 | €48,425 | ▲ 106% |
| Stocks and contracts in progress3 | - | - | - | - | €193,444 | €83,155 | - | - | - |
| Stocks30/36 | - | - | - | - | €193,444 | €83,155 | - | - | - |
| Amounts receivable within one year40/41 | €6,180 | €6,353 | €12,259 | €8,394 | €9,758 | €8,155 | €25 | €2,552 | ▲ 102× |
| Trade receivables40 | - | - | - | €5,500 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €2,894 | €9,758 | €8,155 | €25 | €2,552 | ▲ 102× |
| Cash at bank and in hand54/58 | €94,816 | €32,254 | €11,523 | €8,672 | €5,109 | €6,214 | €22,663 | €45,157 | ▲ 99.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €503 | €649 | €832 | €716 | ▼ 13.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €115,786 | €53,142 | €36,737 | €28,833 | €221,648 | €274,419 | €216,010 | €230,699 | ▲ 6.8% |
| Equity10/15 | €70,336 | €27,699 | €16,260 | €12,810 | €5,566 | €25,062 | €44,354 | €70,801 | ▲ 59.6% |
| Contributions10/11 | €6,197 | €6,197 | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €232,211 | €232,211 | €232,211 | €232,211 | €232,211 | €232,211 | €232,211 | €232,211 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Other1319 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | - | - | €230,352 | €230,352 | €230,352 | €232,211 | €232,211 | = |
| Profit (loss) carried forward14 | -€168,072 | -€210,709 | -€222,148 | -€225,599 | -€232,843 | -€213,347 | -€194,054 | -€167,608 | ▲ 13.6% |
| Amounts payable17/49 | €45,450 | €25,443 | €20,477 | €16,023 | €216,082 | €249,357 | €171,655 | €159,898 | ▼ 6.8% |
| Amounts payable after more than one year17 | - | - | - | - | €206,218 | €238,103 | €161,693 | €150,000 | ▼ 7.2% |
| Other amounts payable178/9 | - | - | - | - | €206,218 | €238,103 | €161,693 | €150,000 | ▼ 7.2% |
| Amounts payable within one year42/48 | €45,450 | €25,443 | €20,477 | €16,023 | €9,852 | €11,254 | €9,962 | €9,898 | ▼ 0.6% |
| Trade debts44 | €19,651 | €377 | €5,075 | €7,014 | €3,689 | €5,119 | €5,468 | €2,619 | ▼ 52.1% |
| Suppliers440/4 | - | - | - | €7,014 | €3,689 | €5,119 | €5,468 | €2,619 | ▼ 52.1% |
| Taxes, remuneration and social security45 | - | - | - | €4,724 | - | - | €22 | €247 | ▲ 998% |
| Taxes450/3 | - | - | - | - | - | - | €22 | €247 | ▲ 998% |
| Remuneration and social security454/9 | - | - | - | €4,724 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €4,285 | €6,163 | €6,135 | €4,472 | €7,033 | ▲ 57.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €12 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,391 | -€42,637 | -€11,439 | -€3,451 | -€7,244 | €19,496 | €19,292 | €26,447 | ▲ 37.1% |
| + Depreciation and write-downs630 | €2,424 | €2,311 | €1,602 | €1,166 | €615 | €23,669 | €5,825 | €11,452 | ▲ 96.6% |
| Operating cash flow (approximation) | -€41,967 | -€40,326 | -€9,837 | -€2,285 | -€6,629 | €43,165 | €25,117 | €37,898 | ▲ 50.9% |
| Investment in fixed assets (approximation) | - | -€2,271 | €0 | €1 | -€1,682 | -€187,081 | -€22,069 | -€1,236 | ▲ 94.4% |
| Change in cash | - | -€62,562 | -€20,731 | -€2,851 | -€3,564 | €1,106 | €16,449 | €22,494 | ▲ 36.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-09-2026 | 2026-00529589 | NBB |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00509707 | |
| 31-12-2023 | micro format | 27-09-2024 | 2024-00482615 | |
| 31-12-2022 | micro format | 30-09-2023 | 2023-00471469 | |
| 31-12-2021 | micro format | 14-10-2022 | 2022-20465812 | |
| 31-12-2020 | micro format | 09-11-2021 | 2021-76900217 | |
| 31-12-2019 | micro format | 07-11-2020 | 2020-69700579 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-25400187 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-67500226 | |
| 31-12-2016 | micro format | 28-09-2017 | 2017-65200247 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.