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ASU

Active
Private limited companyfounded 20232 years activeVeldstraat 8a, 2260 Westerlo, BelgiumKBO/BCE: BE 1001.140.958
Summary

The computed 12-month bankruptcy probability of ASU is 5.4% (elevated). The 2024 annual accounts show equity of €10,332 and a net result of €4,332. Its solvency ranks better than 71% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€19,279total assets 2024
Equity
€10,332
Profit
€4,332
Turnover not published (abridged schema)
Financial health
39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.4%
Structure
Accounts filed 71 days late0 of 1 deed read
Why 39- 1 financial year not filed after the legal deadline; latest accounts 71 days late; 1 of the last 3 late- Founded in 2023- Figures for FY 2024 (filed 10-10-2025)- Size: total assets €19,279Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 66% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency 79
equity 53.6% of total assets
Liquidity 47
short-term debt 46.4% · cash 15.9%
Profitability 97
return on assets 22.5%
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies)
Last 24 months 11-2024: 3.9% 12-2024: 4.0%▲ +0.1 percentage points vs 11-2024 01-2025: 4.1%▲ +0.1 percentage points vs 12-2024 02-2025: 4.6%▲ +0.5 percentage points vs 01-2025 03-2025: 4.6%● unchanged vs 02-2025 04-2025: 4.9%▲ +0.3 percentage points vs 03-2025 05-2025: 5.3%▲ +0.4 percentage points vs 04-2025 06-2025: 5.3%● unchanged vs 05-2025 07-2025: 5.2%▼ -0.1 percentage points vs 06-2025 08-2025: 5.1%▼ -0.1 percentage points vs 07-2025 09-2025: 5.5%▲ +0.4 percentage points vs 08-2025 10-2025: 5.6%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 3.5%▼ -2.1 percentage points vs 10-2025 12-2025: 3.5%● unchanged vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.4%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.5%● unchanged vs 04-2026 06-2026: 3.5%● unchanged vs 05-2026 07-2026: 3.6%▲ +0.1 percentage points vs 06-2026 08-2026: 3.9%▲ +0.3 percentage points vs 07-2026 09-2026: 4.4%▲ +0.5 percentage points vs 08-2026 10-2026: 5.4%▲ +1.0 percentage point vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.93; short-term debt: 46.4% and cash: 15.9% of total assets), and 46.4% 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 56, micro): better than 71% on solvency, 43% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 08-10-2026 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

Five signals.
+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 71 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for FY 2024 (filed 10-10-2025)
NBB · annual accounts
raises risk · Size: total assets €19,279
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
71 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 71 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 71 days View
  • Total assets 2024first fiscal year filed €19,279 View
  • Active since 2023founded 12-10-2023 2 years View

By topic

Financials

Fiscal year
2024
Total assets
€19,279
Profit
€4,332
Solvency
53.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
12-10-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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