Financials
- Financial year
- 2024
- Turnover
- €3.3m
- Profit
- €73,859
- Solvency
- 31.1%
Turnover▼ 3.4%
Net result
20182024
ASTERION BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of ASTERION BELGIUM is 4.2% (elevated). The 2024 annual accounts show equity of €826,563 and a net result of €73,859. Equity is growing by about 54% per year across the filed financial years. Its solvency ranks better than 34% of 4,583 sector peers (NACE 70, financial year 2024). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Business and other management consultancy
NACE 70200Office administrative and support services NACE 82100
1 site
Size
€3.3mturnover 2024
- Staff
- 38.2 FTE
- Equity
- €826,563
- Profit
- €73,859
Structure
- Parent
- Exela Technologies Inc.
Accounts 80 days overdue1 of 31 deeds read
Why 47raises riskFigures for financial year 2024 (filed 20-01-2026)1 financial year not filed after the legal deadline; latest accounts 166 days late; 3 of the last 3 lateEx-officio strike-off in the KBOSize: turnover €3.3m, 38.2 FTE, total assets €2.7mShow the evidence
Checked score
Score 2024
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 70, small)
Financial strength · tick = 2023
Weak
Solvency
56-7
equity 31.1% of total assets
Liquidity
15-6
short-term debt 68.5% · cash 1.6%
Profitability
58-10
return on assets 2.8%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.3%highest value
12-2024: 7.3%● unchanged vs 11-2024highest value
01-2025: 7.3%● unchanged vs 12-2024highest value
02-2025: 7.3%● unchanged vs 01-2025highest value
03-2025: 7.3%● unchanged vs 02-2025highest value
04-2025: 7.3%● unchanged vs 03-2025highest value
05-2025: 1.5%▼ -5.8 percentage points vs 04-2025lowest value
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.1%▲ +0.5 percentage points vs 07-2025
09-2025: 2.3%▲ +0.2 percentage points vs 08-2025
10-2025: 2.9%▲ +0.6 percentage points vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 3.5%▲ +0.6 percentage points vs 11-2025
01-2026: 5.4%▲ +1.9 percentage points vs 12-2025
02-2026: 2.2%▼ -3.2 percentage points vs 01-2026
03-2026: 2.5%▲ +0.3 percentage points vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.6%▲ +0.1 percentage points vs 04-2026
06-2026: 2.6%● unchanged vs 05-2026
07-2026: 2.3%▼ -0.3 percentage points vs 06-2026
08-2026: 3.2%▲ +0.9 percentage points vs 07-2026
09-2026: 3.5%▲ +0.3 percentage points vs 08-2026
10-2026: 4.2%▲ +0.7 percentage points vs 09-2026
Credit of up to €35,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.45, compared with 1.64 in 2023, below the usual 1.5; short-term debt: 68.5% and cash: 1.6% of total assets), and 68.9% of the assets are financed with debt and provisions.
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, small): better than 31% on solvency, 7% on liquidity, 45% on profitability and 47% on growth.
The bankruptcy probability was computed on 18-10-2026 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
Seven signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 80 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline19-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-01-2026, 166 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
166 days late
2023
258 days late
2022
624 days late
2021
450 days late
2020
26 days late
2019
109 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 272 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
- Annual accounts filedfinancial year 2022 · full…
Key points
- Caution: Result fell in 2024from €189,302 to €73,859 ▼ 61.0% View
- Caution: Accounts not fileddeadline was 31-07-2026 80 days late View
- Controlled by Exela Technologies Inc. parent View
- Among the largest 10% on staffsector median 2.8 FTE · 1,882 companies 38.2 FTE View
- Positive: 5 profitable years in a rowprofit 2024: €73,859 5 years View
- Flemish supportawarded from 2022 to 2025 €57,287 View
By topic
Board & ownership
- Parent
- Exela Technologies Inc.
Timeline
- Events
- 31
- Since
- 2002
- 10-02-2025Reappointments: Jaymin Chhaya, Vitalie Robu and Baker…
- 21-06-2024UBO non-compliance
- 24-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 28-06-2001
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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