ASTO

Active

Private limited companyfounded 20224 yrs activeKortrijkstraat 398, 8930 Menen, BelgiumKBO/BCE: BE 0779.957.501

The computed 12-month bankruptcy probability of ASTO is 2.0% (moderate). The 2025 annual accounts show equity of €138k and a net result of €127k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 7744 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

67 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+13

Solvency57▼-24

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity tight (current ratio 1.32 against 2.14 in 2024; short-term debt: 62.9% and cash: 54.9% of total assets), and 67.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

32.4%

Return on assets

29.6%

Age of the figures

9 mo

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 4 filings

Deviation from the deadline

2025

13 d late

2024

58 d early

2023

40 d early

2022

5 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€138k▼ 71.3%

2024 · €482k

2022: €201k 2023: €353k 2024: €482k

2022 → 2025

Total assets

€427k▼ 50.8%

2024 · €867k

2022: €526k 2023: €701k 2024: €867k

2022 → 2025

Net result

€127k▼ 2.0%

2024 · €129k

2022: €191k 2023: €152k 2024: €129k

2022 → 2025

Working capital

€87k▼ 79.1%

2024 · €414k

2022: €131k 2023: €291k 2024: €414k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€201k-€353k▲ 75.6%€482k▲ 36.6%€138k▼ 71.3%

Operating result€247k-€194k▼ 21.6%€163k▼ 15.7%€164k▲ 0.1%

Net result€191k-€152k▼ 20.5%€129k▼ 14.9%€127k▼ 2.0%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 0% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €427k

16.8%

83.2%

Fixed assets €72k▼ 18.7%

Current assets €355k▼ 54.4%

Equity and liabilities €427k

32.4%

67.6%

Equity €138k▼ 71.3%

Debt €289k▼ 25.1%

The debt ratio rises from 44.4% to 67.6%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€188k▲

2024 · €181k

Cash flow

€151k▲

2024 · €147k

Solvency

32.4%▼

2024 · 55.6%

Current ratio

1.32▼

2024 · 2.14

Quick ratio

1.18▼

2024 · 1.96

Debt / equity

2.09▲

2024 · 0.80

ROE

91.5%▲

2024 · 26.8%

ROA

29.6%▲

2024 · 14.9%

Interest coverage

537.19▼

2024 · 1557.03

Debt

€289k▼

2024 · €385k

Debt ≤ 1 year

€269k▼

2024 · €364k

Income taxes

€38k▼

2024 · €39k

Staff costs

€88k▲

2024 · €82k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€867k€427k▼

Fixed assets21/28€88k€72k▼

Tangible fixed assets22/27€88k€72k▼

Plant, machinery and equipment23€53k€44k▼

Furniture and vehicles24€31k€25k▼

Other tangible fixed assets26€4k€4k▼

Financial fixed assets28€0-

Current assets29/58€779k€355k▼

Stocks and contracts in progress3€63k€38k▼

Stocks30/36€63k€38k▼

Amounts receivable within one year40/41€58k€82k▲

Trade receivables40€39k€69k▲

Other amounts receivable41€19k€12k▼

Current investments50/53€300k€0▼

Cash at bank and in hand54/58€354k€234k▼

Deferred charges and accrued income490/1€3k€1k▼

Equity and liabilities

Total equity and liabilities10/49€867k€427k▼

Equity10/15€482k€138k▼

Contributions10/11€10k€10k=

Reserves13€472k€128k▼

Distributable reserves133€472k€128k▼

Profit (loss) carried forward14-€0

Amounts payable17/49€385k€289k▼

Amounts payable within one year42/48€364k€269k▼

Trade debts44€137k€84k▼

Suppliers440/4€137k€84k▼

Advances received on contracts in progress46€122k€54k▼

Taxes, remuneration and social security45€105k€71k▼

Taxes450/3€85k€49k▼

Remuneration and social security454/9€20k€22k▲

Other amounts payable47/48€58€60k▲

Accrued charges and deferred income492/3€21k€20k▼

Income statement Code20242025

Remuneration, social security and pensions62€82k€88k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€24k▲

Other operating charges640/8€675€1k▲

Gross operating margin9900€264k€277k▲

Operating profit (loss)9901€163k€164k▲

Financial income75/76B€5k€1k▼

Recurring financial income75€5k€1k▼

Financial charges65/66B€117€349▲

Recurring financial charges65€117€349▲

Profit (loss) for the period before taxes9903€168k€164k▼

Income taxes67/77€39k€38k▼

Profit (loss) for the period9904€129k€127k▼

Profit (loss) for the period to be appropriated9905€129k€127k▼

Appropriation of the result

Profit (loss) to be appropriated9906€129k€127k▼

Transfer from equity791/2-€470k

Transfer to equity691/2€129k€127k▼

To other reserves6921€129k€127k▼

Profit to be distributed694/7-€470k

Return on contributions (dividend)694-€470k

Social balance

Average headcount (FTE)90871.01.0=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 13 days late

2025

31-12

Financial Weakest financial yearnet €127k ▼2%

Net result drops to €127k, the lowest in the series.

03-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

21-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

26-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Menen · 1 establishment unit since 2022

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kortrijkstraat 3988930 Menen

Ground area

5,212 m²

Building footprint

2,536 m²

Volume, LiDAR

15,084 m³

Parcel 34372C0233/00Y004, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

SUNOR

Kortrijkstraat 398, 8930 MenenRepair, maintenance and installation of machinery and equipment

since 20222.326.856.487

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34372C0233/00Y004	Flanders	5,211 m²	1 · 2,536 m²	6.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

6488P7X5TAL102H6O847

live in the LEI register

Similar companies · same sector, comparable size

REMALUX INTERIEURBOUW

Braine-le-Château · Eq €138k

Denderleeuw · Eq €138k

FIBER DECOR

BE 0468.429.034

Erpe-Mere · Eq €138k

Of 7,289 companies in sector 43350 we hold annual accounts for 2,361. 1,923 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-01-2022

Fiscal year end31-12

Activities, NACEBEL

43350Other building finishing work

47529Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.