ASV Belgium
ActiveThe computed 12-month bankruptcy probability of ASV Belgium is 1.8% (moderate). The 2025 annual accounts show negative equity (€-52k) and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 18237 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+73
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.48 in 2024; short-term debt: 157.9% and cash: 4.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-57.9%
Return on assets
3.4%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 18237 sector peers (2025).
NBB · sector comparisonPosition among 18237 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
74 d late
2023
27 d late
2022
31 d late
2021
40 d early
2020
29 d early
2019
1 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-52k▲ 5.6%
2024 · €-55k
2018: €1k
2019: €901
2020: €40
2021: €-321
2022: €-7k
2023: €-5k
2024: €-55k
2018 → 2025
Total assets
€90k▲ 58.5%
2024 · €57k
2018: €2k
2019: €2k
2020: €2k
2021: €2k
2022: €17k
2023: €38k
2024: €57k
2018 → 2025
Net result
€3k
2024 · €-50k
2018: €-173
2019: €-153
2020: €-861
2021: €-362
2022: €-7k
2023: €2k
2024: €-50k
2018 → 2025
Working capital
€-55k▲ 6.3%
2024 · €-58k
2018: €-446
2019: €-599
2020: €-1k
2021: €-2k
2022: €-11k
2023: €-7k
2024: €-58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-321-€-7k▼ 2,162%€-5k▲ 29.4%€-55k▼ 976%€-52k▲ 5.6%
Operating result€-362-€-7k▼ 1,820%€2k€-50k€3k
Net result€-362-€-7k▼ 1,821%€2k€-50k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €50k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€2k▼ 18.1%
Current assets
€88k▲ 62.8%
Key figures and ratios
EBITDA
€4k▲
2024 · €-49k
Cash flow
€4k▲
2024 · €-50k
Solvency
-57.9%▲
2024 · -97.2%
Current ratio
0.62▲
2024 · 0.48
Quick ratio
0.03▲
2024 · 0.00
Debt / equity
-2.73▼
2024 · -2.03
ROA
3.4%▲
2024 · -88.1%
Interest coverage
20.27▲
2024 · -358.12
Debt
€142k▲
2024 · €112k
Debt ≤ 1 year
€142k▲
2024 · €112k
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€57k€90k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€979▼
Plant, machinery and equipment23€2k€979▼
Financial fixed assets28€2k€2k=
Current assets29/58€54k€88k▲
Stocks and contracts in progress3€53k€83k▲
Stocks30/36€53k€83k▲
Amounts receivable within one year40/41-€92
Trade receivables40-€92
Cash at bank and in hand54/58€328€4k▲
Equity and liabilities
Total equity and liabilities10/49€57k€90k▲
Equity10/15€-55k€-52k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-61k€-58k▲
Amounts payable17/49€112k€142k▲
Amounts payable within one year42/48€112k€142k▲
Trade debts44€17k€18k▲
Suppliers440/4€17k€18k▲
Taxes, remuneration and social security45€35k€63k▲
Taxes450/3€142€2k▲
Remuneration and social security454/9€35k€61k▲
Other amounts payable47/48€59k€61k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€548€548=
Other operating charges640/8€5k-
Non-recurring operating charges66A€300-
Gross operating margin9900€-44k€4k▲
Operating profit (loss)9901€-50k€3k▲
Financial charges65/66B€138€189▲
Recurring financial charges65€138€189▲
Profit (loss) for the period before taxes9903€-50k€3k▲
Profit (loss) for the period9904€-50k€3k▲
Profit (loss) for the period to be appropriated9905€-50k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-58k▲
Profit (loss) brought forward from the previous period14P€-11k€-61k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial
Weakest financial yearnet €-50k ▼2446%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 5 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1 day late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2013
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.
Grasmarkt 91000 BrusselGround area
28 m²
Building footprint
20 m²
Volume, LiDAR
241 m³
Parcel 21004A0381/00_000, Brussels · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ASV Belgium
since 20132.219.992.478
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0381/00_000 | Brussels | 28 m² | 1 · 20 m² | 14.5 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.219.992.478
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Of 10,524 companies in sector 47110 we hold annual accounts for 5,860. 45 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-06-2013
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.