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Astral (Riyadhstraat)

Active
Limited partnershipfounded 2015active for 11 yearsKareelstraat 108, 9300 Aalst, BelgiumKBO/BCE: BE 0635.858.556
Summary

The computed 12-month bankruptcy probability of Astral (Riyadhstraat) is 3.9% (moderate). The 2024 annual accounts show equity of €3.5m and a net result of -€666,314. Equity is shrinking by about 7.8% per year across the filed financial years. Its solvency ranks better than 51% of 9,641 sector peers (NACE 68, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€10.8mtotal assets 2024
Equity
€3.5m
Loss
-€666,314
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.9%
Structure
Parent
Astral Holdco BO · 99.99%
Holdings
1
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesAccounts 72 days overdue
Why 48raises risk3 changes of registered office in 24 monthsFigures for financial year 2024 (filed 27-02-2025)Liquidity: current ratio 0.25lowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 68, medium-sized)
Financial strength · tick = 2023
Weak
Solvency 57-3
equity 31.9% of total assets
Liquidity 35-65
short-term debt 61.7%
Profitability 20-2
return on assets -6.2%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,719 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.7 percentage points vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.4 percentage points vs 07-2026 09-2026: 2.3%▲ +0.5 percentage points vs 08-2026 10-2026: 3.9%▲ +1.6 percentage points vs 09-2026highest value
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.25, compared with 2.1 in 2023; short-term debt: 61.7% of total assets), and 68.1% of the assets are financed with debt.
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 68, medium-sized): better than 55% on solvency, 27% on liquidity, 13% on profitability and 16% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · 3 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 27-02-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.25
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€666,314
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-02-2025, 154 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
154 days early
2023
28 days early
2022
21 days early
2021
17 days early
2020
24 days early
2019
31 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 36 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Leonidas GP BV (general partner…Appointment: Febex Invest NV (sole…
  2. Resignations: ROES Johannes, VAN DER WAALS…Appointment: Leonidas GP (gérant de…
  3. Resignation: Nicolas TEYA (director)Permanent representatives: Nicolas TEYA and…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2024 -€666,314 View
  • Caution: Among the weakest 5% on net resultsector median €13,456 · 9,636 companies -€666,314 View
  • Caution: Board changedlatest change 17-08-2026 · 3 in office 2 joined · 3 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Controlled by Astral Holdco BOknown shareholders 100% 99.99% View

By topic

Financials

Financial year
2024
Total assets
€10.8m
Loss
-€666,314
Solvency
31.9%
Total assets▼ 7.8%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Parent
Astral Holdco BO · 99.99%
Known shareholders
100%
Auditor
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
  • Febex Invest NVManager
  • Alexander Hermanus Joseph VAN GASTELDirector
  • Leonidas GPManager
Go to Board & ownership

Timeline

Events
32
Since
2015
  1. 16-12-2025Resignation: Marc Sottiaux (director)
  2. 18-06-2025Registered office
  3. 18-03-2025Resignations: ROES Johannes, VAN DER WAALS Ronald…
Go to Timeline

Company details

Sites
1
Legal form
Limited partnership
Activity
Real estate agency activitiesNACE 68310
Founded
28-08-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
20
Annual meeting
Last Friday of June at 10:00
Purpose
Het houden van aandelenparticipaties, in welke vorm dan ook, in om het even welke…
Go to Articles of association

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