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AST

Active
Public limited companyfounded 199728 years activeBoddenveldweg 7, 3520 Zonhoven, BelgiumKBO/BCE: BE 0461.849.563
Summary

AST has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876,829 and a net result of €38,781. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201Joinery installation NACE 43320
#8 company by equity in Zonhoven, Real estate sector1 site
Size
€1.8mtotal assets 2025
Staff
3.1 FTE
Equity
€876,829
Profit
€38,781
Financial health
93 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
ALUZON · 100%
Board
4 members
Accounts 46 days early2 of 11 deeds read
Why 93- Liquidity: current ratio 0.67, cash €61,710+ Size: 3.1 FTE, total assets €1.8m+ Founded in 1997+ Equity €876,829 (48.2% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 73+3
equity 48.2% of total assets
Liquidity 54+2
short-term debt 7.7% · cash 3.4%
Profitability 57-7
return on assets 2.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value
Credit up to €80,000 at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.49 in 2024; short-term debt: 7.7% and cash: 3.4% of total assets), and 51.8% 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 68, micro): better than 63% on solvency, 64% on liquidity, 46% on profitability and 58% 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: 3.1 FTE, total assets €1.8m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €876,829 (48.2% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.67, cash €61,710
NBB · annual accounts
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
38 days early
2023
23 days early
2022
40 days early
2021
53 days early
2020
2 days early
2019
on the day
← 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 29 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Appointments: Wako Group S.A., MLC Future…Permanent representatives: DE BRIEY Raynald…
  3. Permanent representatives: Thomas Koninckx, Patrick Verhoeven…Power of attorney

Key points

  • New directorslatest change 30-12-2025 · 4 in office 4 joined View
  • Positive: Company by equity in Zonhoven, Real estate sectorin the Checked rankings #8 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by ALUZONultimately: ALUMAP 100% View
  • Positive: 5 profitable years in a rowprofit 2025: €38,781 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.8m
Profit
€38,781
Solvency
48.2%
Total assets▼ 1.8%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 23-06-2025Annual accounts filed
  2. 08-07-2024Annual accounts filed
  3. 21-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
05-11-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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