Equity
€1.5m ▲ 16.4%
ASTEMAC has made a profit in every financial year since 2006.
ASTEMAC
Lifetime
20 annual accounts with figures on one time axispeak €2.1m (2023)
€1.6m▼ 12.0%
peak €1.0m (2022)
€217,376▼ 55.2%
peak €1.5m (2025)
€1.5m▲ 16.4%
€5.9m▼ 1.8%
peak 8.9 FTE (2025)
8.9 FTE▲ 4.7%
Board7 names since 2006
2 directorsCROMBEZ Stefaan Georges Jozef and 1 other
Documentsfilings and deeds
18-03-2026135 days before the deadline
2025abbreviated format
Gross margin from €1.9m to €1.6mResult from €484,748 to €217,3764 directors resigning 09-07Equity from €1.3m to €1.5mCash from €9,744 to €270,795
Key points
from the 2025 annual accountsResult
€217,376 ▼ 55.2%
The result fell in 2025 from €484,748 to €217,376.
Debts
€5.9m 79% of the balance sheet
Financial debts 49%Suppliers 28%Taxes and wages 3%Other 21%
Of this, €2.4m falls due within a year.
Staff
10 employees on 31-12-2025
In 2025, 3 people joined and 2 left.
Filings
20 annual accounts since 2006
Seven of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Position in the sector
€1.5m
More equity than 85% of companies in wholesale trade. Sector median €361,107 · 9,898 companies.
Checked score
69
Healthy
Financially stronger than 50% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.5%● unchanged vs 12-2024lowest value
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%▲ +0.2 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged 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: 0.9%▲ +0.1 percentage points vs 02-2026highest value
04-2026: 0.7%▼ -0.2 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.98, cash €270,795
Size: 8.9 FTE, total assets €7.5m
Equity €1.5m (20.7% of total assets)
lowers risk
Founded in 2006
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 32% of them on solvency, 39% on liquidity, 58% on profitability and 72% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as ASTEMAC has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ASTEMAC itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,984 companies, not a prediction for ASTEMAC. 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.
Credit verdict
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.98 (0.81 in 2024), below 1. Short-term debt is 31.6% and cash 3.6% of total assets. 79.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 18-03-2026, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 days early
2024
112 days early
2023
29 days late
2022
30 days late
2021
4 days early
2020
31 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 108 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0881599049
4 directors resigning
CERIMA SRL, DEJAGER TRANS SA, AMC SA and ALUMAC CONSTRUCT SRL · Permanent representatives: Rudy CARETTЕ, Lena JOYE, Cérise CROMBEZ and Sandrien CARETTE · Director discharge: CERIMA SRL · General meeting of 30-04-2025 · Gazette deed
New establishment in Tournai
ASTEMAK, Rue de l'Ancienne Potence 17
Company renamed from Astemak to Astemac
Registered office moved from Courtrai-Heule to Froyennes · New registered office: Rue de la Recherche 9, 7503 Froyennes · Previous registered office: Ringlaan 14, 8501 Courtrai-Heule · General meeting of 30-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ASTEMAC Tournai | €7.5m | €1.6m | 20.7% | 8.9 |
| BEST MANNEQUINS Wielsbeke | €8.3m | €2.1m | 76.5% | 7.9 |
| GRAVELART Zedelgem | €6.3m | €1.2m | 50.5% | 10.3 |
| ASIA EUROPE TRADE CO SA Liège | €5.3m | €1.5m | 37.3% | 11.2 |
| BorgInsole Rotselaar | €7.4m | €2.6m | 51.0% | 15.1 |
| KPMB Roeselare | €4.4m | €1.1m | 51.0% | 5.6 |
| CARPAL Wevelgem | €9.1m | €1.5m | 86.9% | 6.7 |
These companies have the same main activity as ASTEMAC: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €4.4m and €9.1m, founded between 2001 and 2007.
Official details
Source: KBO- Status
- Active since 31-05-2006Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900and 7 others
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment units
- 2.162.708.1397503 Tournai, since 30-05-2007
- 2.367.004.9857503 Tournai, since 24-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Annual accounts 2025
- ≈ €6.8mestimated
- €7.5m▲ 1.5%
- Employeeson 31-12-2025
- 10▲ 11.1%
- Filing
- Filed on 18-03-2026, 135 days before the end of the filing period
Insights on ASTEMAC
ASTEMAC files the abbreviated format. That format states no turnover. The gross margin rose from €44,031 in 2006 to €1.6m in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
In July 2025, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ASTEMAC
- What is the company number of ASTEMAC?
- The company number of ASTEMAC is 0881.599.049. The VAT number is the same number with BE in front: BE 0881.599.049.
- Where is ASTEMAC based?
- The registered office is at Rue de la Recherche 9, 7503 Tournai.Company details
- What does ASTEMAC do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of ASTEMAC?
- ASTEMAC is a private limited company (BV).
- When was ASTEMAC founded?
- ASTEMAC was founded on 31-05-2006.
- Is ASTEMAC still active?
- Yes, ASTEMAC is an active enterprise in the KBO register.
- How many employees does ASTEMAC have?
- ASTEMAC had an average of 8.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ASTEMAC fall under?
- In its 2025 annual accounts, ASTEMAC states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of ASTEMAC?
- The turnover in financial year 2025 is ≈ €6.8m. This figure is estimated from the gross margin of €1.6m and 98 comparable companies (NACE 46). It probably lies between €4.1m and €12.0m.
- Is ASTEMAC profitable?
- In financial year 2025, ASTEMAC made a profit of €217,376.
- Where can I find the annual accounts of ASTEMAC?
- ASTEMAC filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASTEMAC due?
- ASTEMAC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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