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ASSURBAT

Active
Private limited companyfounded 198046 years activeRue des Sables 9, 7020 Mons, BelgiumKBO/BCE: BE 0420.639.312
Summary

The computed 12-month bankruptcy probability of ASSURBAT is 2.2% (moderate). The 2024 annual accounts show equity of €354,547 and a net result of -€28,980. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 37,960 sector peers (NACE 70, fiscal year 2024). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200Vocational training NACE 85592
#8 oldest company in Mons, Professional and technical services sector1 site
Size
€856,838total assets 2024
Staff
1 FTE
Equity
€354,547
Loss
-€28,980
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2024
Bankruptcy probability, 12 months
2.2%
Structure
Accounts 68 days overdue0 of 5 deeds read
Why 52- Liquidity: current ratio 0.76, cash €449- Figures for FY 2024 (filed 15-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 74 days late; 3 of the last 3 late+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Average
Solvency 66+1
equity 41.4% of total assets
Liquidity 48+1
short-term debt 13.8% · cash 0.1%
Profitability 56+31
return on assets -3.4%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,264 companies)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.3%▼ -0.1 percentage points vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.4 percentage points vs 07-2025 09-2025: 1.7%▼ -0.1 percentage points vs 08-2025 10-2025: 2.1%▲ +0.4 percentage points vs 09-2025 11-2025: 0.8%▼ -1.3 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026lowest value 06-2026: 1.1%▲ +0.3 percentage points vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 2.2%▲ +0.5 percentage points vs 09-2026highest value
Credit up to €18,000 at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.94 in 2023; short-term debt: 13.8% and cash: 0.1% of total assets), and 58.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 39% on solvency, 28% on liquidity, 25% on profitability and 30% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.76, cash €449
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 15-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 74 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€28,980
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
74 days late
2023
58 days late
2022
81 days late
2021
54 days late
2020
90 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€77,352

Key points

  • Caution: Among the weakest 6% on net resultsector median €25,897 · 37,981 companies -€28,980 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€28,980 View
  • Active since 1980founded 05-06-1980 46 years View

By topic

Financials

Fiscal year
2024
Total assets
€856,838
Loss
-€28,980
Solvency
41.4%
Total assets▼ 9.7%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 20-10-2023Annual accounts filed
  2. 23-09-2022Annual accounts filed
  3. 31-12-2021Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
05-06-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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