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ASTS

Active
Private limited companyfounded 2023active for 3 yearsLiersesteenweg(Kessel) 49, 2560 Nijlen, BelgiumKBO/BCE: BE 0801.250.385
Summary

ASTS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,108 and a net result of €11,901. Its solvency ranks better than 47% of 39,121 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activities of head offices
NACE 70100Business and other management consultancy NACE 70200
1 site
Size
€59,778total assets 2025
Staff
0.1 FTE
Equity
€31,108
Profit
€11,901
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
ZIBO · 100%
Holdings
1
  • Steven StoutenDirector
  • Zibo BVDirector · permanent representative Tim Anthonis
2025 accounts filed 25 days late2 of 3 deeds summarised
Why 94raises risk1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 4.64, cash €14,945, halvedFigures for financial year 2025 (filed 25-08-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 77+19
equity 52.0% of total assets
Liquidity 79-6
short-term debt 14.3% · cash 25.0%
Profitability 94+6
return on assets 19.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,420 companies, NACE 70, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.5%▲ +0.1 percentage points vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025highest value 09-2025: < 0.1%▼ -0.6 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.64, compared with 1.8 in 2024, above the usual 1.5; short-term debt: 14.3% and cash: 25% of total assets), and 48% 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, micro): better than 48% on solvency, 70% on liquidity, 63% on profitability and 83% on growth.

The bankruptcy probability was computed on 24-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 4.64, cash €14,945, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 25-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
25 days late
2024
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 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.

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.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity more than doubledcurrent ratio 4.64
  3. Purpose · Amendment of the articles…Name change · Power of…

Financials · financial year 2025, micro format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423505.

Equity
€31,108▲ 62.0%
2024 · €19,207
Total assets
€59,778▲ 1.5%
2024 · €58,902
Net result
€11,901▲ 29.2%
2024 · €9,207
Working capital
€31,213▲ 98.4%
2024 · €15,735
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 9% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€12,702 2025 Net result€11,901 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€13,985-€12,702▼ 9.2%
Net result€9,207within the sector's middle half-€11,901within the sector's middle half▲ 29.2%
Equity€19,207below the sector's middle half-€31,108within the sector's middle half▲ 62.0%
Total assets€58,902below the sector's middle half-€59,778below the sector's middle half▲ 1.5%
Debt€39,694-€28,670▼ 27.8%
Working capital€15,735within the sector's middle half-€31,213within the sector's middle half▲ 98.4%
Solvency32.6%within the sector's middle half-52.0%within the sector's middle half▲ 19.4pp
Current ratio1.80within the sector's middle half-4.64above the sector's middle half▲ 2.85
Return on assets (ROA)15.6%above the sector's middle half-19.9%within the sector's middle half▲ 4.3pp
Staff (FTE)0.1
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59,778
Fixed assets €20,000 ▼ 14.8%
Current assets €39,778 ▲ 12.3%
Equity and liabilities €59,778
Equity €31,108 ▲ 62.0%
Debt €28,670 ▼ 27.8%
Debt's share of the balance-sheet total falls from 67.4% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,702▼
2024 · €19,242
Cash flow
€11,901▼
2024 · €14,464
Debt to equity
0.92▼
2024 · 2.07
ROE
38.3%▼
2024 · 47.9%
Interest coverage
19.52▲
2024 · 17.31
Debt ≤ 1 year
€8,565▼
2024 · €19,694
Debt > 1 year
€20,000=
2024 · €20,000
Income taxes
€151▼
2024 · €3,666
Staff costs
€5,568
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€58,902€59,778▲
Fixed assets21/28€23,473€20,000▼
Tangible fixed assets22/27€3,473€0▼
Furniture and vehicles24€3,473€0▼
Financial fixed assets28€20,000€20,000=
Current assets29/58€35,429€39,778▲
Amounts receivable within one year40/41-€24,833
Trade receivables40-€24,791
Other amounts receivable41-€43
Cash at bank and in hand54/58€35,134€14,945▼
Deferred charges and accrued income490/1€295€0▼
Equity and liabilities
Total equity and liabilities10/49€58,902€59,778▲
Equity10/15€19,207€31,108▲
Contributions10/11€10,000€10,000=
Contributions outside capital11€10,000-
Other1109/19€10,000-
Reserves13€9,207€21,108▲
Distributable reserves133€9,207€21,108▲
Amounts payable17/49€39,694€28,670▼
Amounts payable after more than one year17€20,000€20,000=
Financial debts170/4€20,000€20,000=
Amounts payable within one year42/48€19,694€8,565▼
Current portion of amounts payable after more than one year42€2,444€0▼
Trade debts44€1,584€1,270▼
Suppliers440/4€1,584€1,270▼
Taxes, remuneration and social security45€10,622€6,980▼
Taxes450/3€8,122€3,817▼
Remuneration and social security454/9€2,500€3,163▲
Other amounts payable47/48€5,044€315▼
Accrued charges and deferred income492/3-€105
Income statement Code20242025
Remuneration, social security and pensions62-€5,568
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,256€0▼
Other operating charges640/8€928€428▼
Gross operating margin9900€20,170€18,698▼
Operating profit (loss)9901€13,985€12,702▼
Financial charges65/66B€1,112€651▼
Recurring financial charges65€1,112€651▼
Profit (loss) for the period before taxes9903€12,874€12,051▼
Income taxes67/77€3,666€151▼
Profit (loss) for the period9904€9,207€11,901▲
Profit (loss) for the period to be appropriated9905€9,207€11,901▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,207€11,901▲
Transfer to equity691/2€9,207€11,901▲
To the legal reserve6920-€11,901
To other reserves6921€9,207-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€5,568-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,256€0▼ 100%
Other operating charges640/8€928€428▼ 53.8%
Gross operating margin9900€20,170€18,698▼ 7.3%
Operating profit (loss)9901€13,985€12,702▼ 9.2%
Financial charges65/66B€1,112€651▼ 41.5%
Recurring financial charges65€1,112€651▼ 41.5%
Profit (loss) for the period before taxes9903€12,874€12,051▼ 6.4%
Income taxes67/77€3,666€151▼ 95.9%
Profit (loss) for the period9904€9,207€11,901▲ 29.2%
Profit (loss) for the period to be appropriated9905€9,207€11,901▲ 29.2%
Line20242025Change
Assets
Total assets20/58€58,902€59,778▲ 1.5%
Fixed assets21/28€23,473€20,000▼ 14.8%
Tangible fixed assets22/27€3,473€0▼ 100%
Furniture and vehicles24€3,473€0▼ 100%
Financial fixed assets28€20,000€20,000=
Current assets29/58€35,429€39,778▲ 12.3%
Amounts receivable within one year40/41-€24,833-
Trade receivables40-€24,791-
Other amounts receivable41-€43-
Cash at bank and in hand54/58€35,134€14,945▼ 57.5%
Deferred charges and accrued income490/1€295€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€58,902€59,778▲ 1.5%
Equity10/15€19,207€31,108▲ 62.0%
Contributions10/11€10,000€10,000=
Contributions outside capital11€10,000--
Other1109/19€10,000--
Reserves13€9,207€21,108▲ 129%
Distributable reserves133€9,207€21,108▲ 129%
Amounts payable17/49€39,694€28,670▼ 27.8%
Amounts payable after more than one year17€20,000€20,000=
Financial debts170/4€20,000€20,000=
Amounts payable within one year42/48€19,694€8,565▼ 56.5%
Current portion of amounts payable after more than one year42€2,444€0▼ 100%
Trade debts44€1,584€1,270▼ 19.8%
Suppliers440/4€1,584€1,270▼ 19.8%
Taxes, remuneration and social security45€10,622€6,980▼ 34.3%
Taxes450/3€8,122€3,817▼ 53.0%
Remuneration and social security454/9€2,500€3,163▲ 26.5%
Other amounts payable47/48€5,044€315▼ 93.8%
Accrued charges and deferred income492/3-€105-
Line20242025Change
Profit (loss) for the period9904€9,207€11,901▲ 29.2%
+ Depreciation and write-downs630€5,256€0▼ 100%
Operating cash flow (approximation)€14,464€11,901▼ 17.7%
Investment in fixed assets (approximation)-€3,473-
Change in cash--€20,189-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 25-08-2026 2026-00423505
31-12-2024 abbreviated format 29-08-2025 2025-00444680

Similar companies · same sector, comparable size

Of the 5,751 active companies whose main activity is activities of head offices (NACE 70100), figures are known for 3,659. 1,933 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2025

Board 2

Steven Stouten
Director · since 22-09-2025
Current
Zibo BV
Director · since 22-09-2025 · Legal entity · permanent representative: Tim Anthonis
Current

Permanent representatives 1

Tim Anthonis
Permanent representative · since 22-09-2025 · for Zibo BV
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2025, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Steven Stouten
  • Director, from 22-09-2025 to date
Zibo BV
  • Director, from 22-09-2025 to date
Callens Lorenzo
  • Director, until 24-10-2025
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. ZIBO 100%
  2. ASTS

Highest known parent: ZIBO. The sources do not say who stands above it.

Owners 1

According to the 2024 annual accounts of ASTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2024 annual accounts of ASTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 27 April 2023, ASTS was incorporated as a private limited company.1 In 2025 the company took the name ASTS.2 The registered office was moved to Kessel in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2025
  3. 3Belgian Official Gazette, 24-10-2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 25 days late
2025
31-12
Financial Liquidity more than doubledcurrent ratio 4.64
Current ratio from 1.80 to 4.64; short-term debt falls from €19,694 to €8,565.
28-10
Gazette deed Purpose · Amendment of the articles · Name
Name change · Power of attorney4 facts ▸
  • General meeting, 25-09-2025
  • Name change, ASTS
  • Power of attorney
  • Power of attorney, Ann SCHAEKEN
24-10
Gazette deed Resignation: Callens Lorenzo (director)
Appointments: Steven Stouten (director) and Zibo BV (director) · Permanent representative: Tim Anthonis · Director discharge7 facts ▸
  • General meeting, 22-09-2025
  • Director resignation, Callens Lorenzo (director)
  • Director discharge, Callens Lorenzo
  • Director appointment, Steven Stouten (director)
  • Director appointment, Zibo BV (director)
  • Permanent representative, Tim Anthonis
  • Registered-office move, Liersesteenweg 49 te 2560 Kessel (Nijlen)
29-08
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded27-04-2023
Financial year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801250385
Also 9925:BE0801250385
Registered 17-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Nijlen · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
3,582 m²
Building footprint
1,325 m²
Building volume
5,661 m³
2 parcels, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
1 establishment unit
ZOMAS
Binnenhof(Bevel) 26, 2560 NijlenActivities of head offices
since 2023unit no. 2.345.282.925
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
12018D0376/00Y012 Flanders 2,748 m² 1 · 1,193 m² 9.9 m · 2
12003A0046/02G002 Flanders 834 m² 1 · 132 m² 7.4 m · 1
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

PurposeThe activities the company may carry out under its articles.
“1. - Het exploiteren van verkoop- en logistieke ondersteuning, waarbij de vennootschap handelt voor eigen rekening, in commissie, als tussen…” (deed in Dutch)
5 activities (deed in Dutch)
  1. 1. - Het exploiteren van verkoop- en logistieke ondersteuning, waarbij de vennootschap handelt voor eigen rekening, in commissie, als tussen persoon of als vertegenwoordiger.
  2. - Studie-, organisatie- en raadgevend bureau inzake retail management.
  3. - Opleidingen in retail management en stockbeheer.
  4. De ondersteuning van bedrijfs- en productieprocessen, het ontwikkelen en exploiteren van systemen als verkoopondersteuning, waarbij de vennootschap handelt voor eigen rekening, in commissie, als tussenpersoon of als vertegenwoordiger.
  5. - Alle zaken of handelsuitbatingsgebied die rechtstreeks of onrechtstreeks betrekking hebben met de handel en de nijverheid in voedings- en levensmiddelen van alle aard.

The full purpose is in the deed

Read from the deeds: 1 provision, deed of 28-10-2025