ASTBEL
The computed 12-month bankruptcy probability of ASTBEL is 1.0% (low). The 2024 annual accounts show negative equity (€-1.17M) and a net result of €-898k. Its solvency ranks better than 14% of 174 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1.17M |
| Net result | €-898k |
| Staff (FTE) | 1.4 |
| Better than sector | 14% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -2.3% | 35.1% | |
| Net result | €-898k | €26k | |
| Equity | €-1.17M | €92k | |
| Gross operating margin | €-625k | €78k | |
| Staff costs | €154k | €257k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-877k |
| Net profit | €-898k |
| Cash flow | €-876k |
| Staff costs | €154k |
| Income taxes | - |
| Dividends | - |
| Total assets | €50.68M |
| Equity | €-1.17M |
| Debt | €51.84M |
| of which ≤ 1y | €51.84M |
| of which > 1y | - |
| Working capital | €-1.23M |
| Employees (FTE) | 1.4 |
| 2024 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.20 |
| Working capital ratio | -2.4% |
| Solvency | -2.3% |
| Debt / equity | -44.47 |
| Long-term debt ratio | - |
| Interest coverage | -345.52 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.8% |
| ROE | 77.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €50.68M |
| Fixed assets | 21/28 | €65k |
| Tangible fixed assets | 22/27 | €65k |
| Current assets | 29/58 | €50.61M |
| Stocks & contracts in progress | 3 | €40.33M |
| Amounts receivable within one year | 40/41 | €9.08M |
| Cash & bank | 54/58 | €1.21M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €50.68M |
| Equity | 10/15 | €-1.17M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-1.23M |
| Amounts payable | 17/49 | €51.84M |
| Amounts payable within one year | 42/48 | €51.84M |
| Trade debts payable within one year | 44 | €18.97M |
| Income statement | ||
| Gross operating margin | 9900 | €-625k |
| Operating result | 9901 | €-898k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-898k |
| Net result for the period | 9904 | €-898k |
| Result to be appropriated | 9905 | €-898k |
| NACE primary | Engineering activities(71121) |
| Legal form | Public limited company(014) |
| Incorporation | 14-06-2023 |
| Status | Active |
| Postal code | 7500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57033B0413/00B002 | Wallonia | 8,414 m² | 1 · 1,014 m² | - |
| 57463L0182/00D002 | Wallonia | 2,864 m² | 1 · 94 m² | 8.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-02-2024 Articles of association amended, translation of the articles, coordination of the articles and full restatement of the articles
Technical details
{
"notary": {
"name": "Joost EEMAN",
"firm_city": null,
"firm_name": null,
"office_city": "Gand",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-02-01",
"filing_date": "2024-01-30",
"act_kind_objet": "DENOMINATION, STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-01-29",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"full_restatement",
"name_change"
],
"scope": "full_restatement",
"trigger": "name_change_consequence",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0802.705.088",
"name_full_after": "ASTBEL",
"legal_form_after": "Soci\u00E9t\u00E9 anonyme",
"name_full_before": "AST BELGIUM",
"current_zetel_raw": "Avenue de Maire(TOU) 44 : 7500 Tournai",
"legal_form_before": "Soci\u00E9t\u00E9 anonyme"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "L\u0027article 1 des statuts a \u00E9t\u00E9 modifi\u00E9 pour refl\u00E9ter la nouvelle d\u00E9nomination de la soci\u00E9t\u00E9, passant de \u0027AST BELGIUM\u0027 \u00E0 \u0027ASTBEL\u0027.",
"new_text": "ARTICLE 1 - FORME ET DENOMINATION\nLa soci\u00E9t\u00E9 a adopt\u00E9 la forme l\u00E9gale de soci\u00E9t\u00E9 anonyme, en abr\u00E9g\u00E9 SA.\nElle est d\u00E9nomm\u00E9e \u0022ASTBEL\u0022.",
"change_kind": "amended",
"article_title": "FORME ET DENOMINATION",
"article_number": "1"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Joost EEMAN",
"org_rep_person_name": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 01/02/2024 - Annexes du Moniteur belge"
],
"shareholder_rights": null,
"voorwerp_change_summary": null,
"capital_structure_change": null,
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ASTBEL |