AsterX Immo
ActiveSummary
AsterX Immo has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €12,490 and a net result of €17,443. Equity is shrinking by ~13.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 10% of 116 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability46▲+25
Solvency26▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.04 in 2025; short-term debt: 70.3% and cash: 0.2% of total assets), and 99.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
0.7%
Return on assets
1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 116 sector peers (2026).
NBB · sector comparisonPosition among 116 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 31-08-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
on the day
2025
29 d late
2023
8 d early
2022
34 d early
2021
30 d early
2020
75 d early
2019
32 d early
← 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 21 days before the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-01-2027 close31-08-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
In the rankings
#9 oldest company in Aartselaar, Real estate sector
Equity
€12,490
2025 · -€4,953
Total assets
€1.8m▼ 13.8%
2025 · €2.1m
Net result
€17,443
2025 · -€122,644
Working capital
-€1.3m▼ 0.4%
2025 · -€1.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320252026
Operating result€12,586▼ 66.7%€46,225▲ 267%€30,976▼ 33.0%-€41,558-€79,384
Net result-€20,765below the sector's middle half€11,732within the sector's middle half-€48,445below the sector's middle half-€122,644below the sector's middle half-€17,443
Equity€154,404within the sector's middle half▼ 11.9%€166,136within the sector's middle half▲ 7.6%€117,691within the sector's middle half▼ 29.2%-€4,953below the sector's middle half-€12,490
Total assets€2.4mwithin the sector's middle half▼ 3.8%€2.3mwithin the sector's middle half▼ 5.0%€2.4mwithin the sector's middle half▲ 2.6%€2.1mwithin the sector's middle half-€1.8m▼ 13.8%
Debt€2.3m▼ 3.2%€2.1m▼ 5.8%€2.3m▲ 5.1%€2.1m-€1.8m▼ 14.6%
Working capital-€1.2m▼ 0.8%-€1.2m▲ 4.4%-€1.1m▲ 0.8%-€1.3m--€1.3m▼ 0.4%
Solvency6.4%below the sector's middle half▼ 0.6pp7.2%below the sector's middle half▲ 0.8pp5.0%below the sector's middle half▼ 2.2pp-0.2%below the sector's middle half-0.7%▲ 0.9pp
Staff (FTE)0within the sector's middle half-0
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €79,384 after a loss of €41,558 in 2025, the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.8m ▼ 12.9%
Current assets
€28,699 ▼ 47.8%
Equity and liabilities €1.8m
Equity
€12,490
Debt
€1.8m
Debt finances 99.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€190,830▲
2025 · €89,445
Cash flow
€128,889▲
2025 · €8,359
Current ratio
0.02▼
2025 · 0.04
ROE
139.7%
ROA
1.0%▲
2025 · -5.8%
Interest coverage
3.08▲
2025 · 1.09
Debt ≤ 1 year
€1.3m▼
2025 · €1.3m
Debt > 1 year
€492,540▼
2025 · €799,736
A ratio outside any meaningful range has been withheld (balance sheet total €1.8m, equity €12,490).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,214 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.3%
went bankrupt
2.6%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,214 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €80,128 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €118,850 | €119,559 | €120,075 | €131,003 | €111,446 | ▼ 14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2,649 | €0 | - | - |
| Other operating charges640/8 | €14,691 | €15,529 | €18,450 | €3,263 | €4,643 | ▲ 42.3% |
| Non-recurring operating charges66A | - | - | - | €1,977 | €0 | ▼ 100% |
| Gross operating margin9900 | €146,126 | €181,312 | €172,149 | €94,685 | €195,473 | ▲ 106% |
| Operating profit (loss)9901 | €12,586 | €46,225 | €30,976 | -€41,558 | €79,384 | ▲ 291% |
| Financial income75/76B | - | €42 | €36 | €725 | €0 | ▼ 100% |
| Recurring financial income75 | - | €42 | €36 | €725 | €0 | ▼ 100% |
| Financial charges65/66B | €33,351 | €34,535 | €79,457 | €81,811 | €61,941 | ▼ 24.3% |
| Recurring financial charges65 | €33,351 | €34,535 | €79,457 | €81,811 | €61,941 | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | -€20,765 | €11,732 | -€48,445 | -€122,644 | €17,443 | ▲ 114% |
| Profit (loss) for the period9904 | -€20,765 | €11,732 | -€48,445 | -€122,644 | €17,443 | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | -€20,765 | €11,732 | -€48,445 | -€122,644 | €17,443 | ▲ 114% |
| Line | 2021 | 2022 | 2023 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.3m | €2.4m | €2.1m | €1.8m | ▼ 13.8% |
| Fixed assets21/28 | €2.4m | €2.3m | €2.2m | €2.1m | €1.8m | ▼ 12.9% |
| Tangible fixed assets22/27 | €2.4m | €2.3m | €2.2m | €2.1m | €1.8m | ▼ 13.0% |
| Land and buildings22 | €2.4m | €2.3m | €2.2m | €2.1m | €1.8m | ▼ 13.0% |
| Financial fixed assets28 | - | - | - | €7,125 | €7,125 | = |
| Current assets29/58 | €15,907 | €7,518 | €187,533 | €54,943 | €28,699 | ▼ 47.8% |
| Amounts receivable within one year40/41 | €1,159 | €1,567 | €178,121 | €48,398 | €25,292 | ▼ 47.7% |
| Trade receivables40 | €1,159 | €1,567 | €178,121 | €48,398 | €25,089 | ▼ 48.2% |
| Other amounts receivable41 | - | - | - | - | €203 | - |
| Cash at bank and in hand54/58 | €14,748 | €5,950 | €9,412 | €3,336 | €3,407 | ▲ 2.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3,208 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.3m | €2.4m | €2.1m | €1.8m | ▼ 13.8% |
| Equity10/15 | €154,404 | €166,136 | €117,691 | -€4,953 | €12,490 | ▲ 352% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €2,050 | €2,050 | €2,050 | €2,050 | €2,050 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €190 | €190 | €2,050 | €2,050 | €2,050 | = |
| Profit (loss) carried forward14 | -€147,646 | -€135,914 | -€184,359 | -€307,002 | -€289,560 | ▲ 5.7% |
| Amounts payable17/49 | €2.3m | €2.1m | €2.3m | €2.1m | €1.8m | ▼ 14.6% |
| Amounts payable after more than one year17 | €1.0m | €966,735 | €887,052 | €799,736 | €492,540 | ▼ 38.4% |
| Financial debts170/4 | €1.0m | €966,735 | €887,052 | €799,736 | €492,540 | ▼ 38.4% |
| Amounts payable within one year42/48 | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▼ 1.6% |
| Current portion of amounts payable after more than one year42 | €77,978 | €78,822 | €79,683 | €82,428 | €63,667 | ▼ 22.8% |
| Financial debts43 | €719,167 | €655,833 | €592,499 | €529,165 | €465,833 | ▼ 12.0% |
| Credit institutions430/8 | €719,167 | €655,833 | €592,499 | €529,165 | €465,833 | ▼ 12.0% |
| Trade debts44 | - | €932 | €22,407 | €119,934 | €35,365 | ▼ 70.5% |
| Suppliers440/4 | - | €932 | €22,407 | €119,934 | €35,365 | ▼ 70.5% |
| Advances received on contracts in progress46 | - | - | - | - | €3,605 | - |
| Taxes, remuneration and social security45 | €623 | €705 | €751 | €538 | €0 | ▼ 100% |
| Taxes450/3 | €623 | €705 | €751 | €538 | €0 | ▼ 100% |
| Other amounts payable47/48 | €430,439 | €430,000 | €642,076 | €574,419 | €717,028 | ▲ 24.8% |
| Accrued charges and deferred income492/3 | €2,341 | €10,005 | €26,950 | €21,183 | €38,842 | ▲ 83.4% |
| Line | 2021 | 2022 | 2023 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,765 | €11,732 | -€48,445 | -€122,644 | €17,443 | ▲ 114% |
| + Depreciation and write-downs630 | €118,850 | €119,559 | €120,075 | €131,003 | €111,446 | ▼ 14.9% |
| Operating cash flow (approximation) | €98,085 | €131,291 | €71,630 | €8,359 | €128,889 | ▲ 1,442% |
| Investment in fixed assets (approximation) | - | -€6,607 | €0 | - | €155,391 | - |
| Change in cash | - | -€8,798 | €3,462 | - | €71 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-01
Financial
Back to profitnet €17,443
Net result €17,443 after 2 loss-making years.
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
31-01
Financial
Weakest financial yearnet -€122,644
Net result drops to -€122,644, the lowest in the series; recovery starts the following year.
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €11,732
Net result €11,732 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €3,637
Net result €3,637 after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aartselaar · 1 establishment unit since 1988
Ground area
1.4 ha
Building footprint
6,608 m²
Volume, LiDAR
52,714 m³
2 parcels, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
BVBA JOLU
since 19882.038.484.890
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0009/00M004 | Flanders | 8,329 m² | 1 · 3,935 m² | 9.2 m · 3 fl. |
| 11048A0101/00F004 | Flanders | 5,490 m² | 1 · 2,673 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- D.T.
- Degila
- AsterX Group
- AsterX Immo
Highest known parent: D.T.. The sources do not say who stands above it.
Owners 1
- AsterX Groupparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 1,745 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-05-1988
Fiscal year end31-01
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434205256
Registered
02-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.