ASV CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ASV CONSTRUCT is 4.0% (moderate). The 2025 annual accounts show equity of €345,024 and a net result of €24,113. Equity has been growing by about 7.9% per year since 2023. Its solvency ranks better than 33% of 2,799 sector peers (NACE 41, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-04-2018 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.276.113.710 6150 Anderlues, since 05-04-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 05-08-2026
Board and ownership
- VANDERBECK Adrien Léon GhislainDirector
- VANDERBECK Stéphane Léon GhislainDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.0%
- Gross margin
- €788,065
- ▲ 29.0%
- Turnover
- ≈ €1.7m
- estimated
- Profit
- €24,113
- ▼ 8.4%
- Equity
- €345,024
- ▲ 7.5%
- Total assets
- €1.4m
- ▲ 187%
- Employees on 31-12-2025
- 16
- ▲ 45.5%
- 2025 accounts filed 52 days after the deadline
Score breakdownraises riskLast filed accounts filed 52 days late; 2 of the last 3 accounts lateLiquidity: current ratio 1.26, cash €4,095, halvedSector: Construction of residential and non-residential buildings (NACE 41)1 change of registered office in 24 monthsShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 31% of them on solvency, 29% on liquidity, 33% on profitability and 50% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 42 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 52 days after the deadline Filed on 21 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00520158.
Annual accounts 2025 filed on 21-09-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 7% higher than in 2024. It is a recovery after the fall in 2024.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 11 | 11 | 16 |
| full-time | 11 | 11 | 16 |
| part-time | - | 0 | - |
| in full-time equivalents | 11 | 11 | 16 |
| Average over the year, in full-time equivalents | 6.8 | 9.3 | 12.6 |
| On a permanent contract | 5 | 5 | 8 |
| Joined | 13 | 11 | 13 |
| Left | 3 | 11 | 8 |
| Training hours | - | 0 | 408 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €9,353 | €1,240 | €33,121 |
| Financial fixed assets | - | - | €600,000 |
| Depreciation and write-downs of the year | €9,730 | €13,963 | €11,519 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €14,042 | €6 | - | - |
| Remuneration, social security and pensions62 | €323,210 | €505,104 | €664,820 | ▲ 31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,730 | €13,963 | €11,519 | ▼ 17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €35,000 | €52,441 | ▲ 49.8% |
| Other operating charges640/8 | €9,184 | €8,970 | €8,273 | ▼ 7.8% |
| Gross operating margin9900 | €475,800 | €610,837 | €788,065 | ▲ 29.0% |
| Operating profit (loss)9901 | €133,676 | €47,799 | €51,013 | ▲ 6.7% |
| Financial income75/76B | - | - | €1,216 | - |
| Recurring financial income75 | - | - | €1,216 | - |
| Financial charges65/66B | €7,176 | €13,209 | €13,796 | ▲ 4.4% |
| Recurring financial charges65 | €7,176 | €13,209 | €13,796 | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €126,500 | €34,590 | €38,434 | ▲ 11.1% |
| Income taxes67/77 | €27,953 | €8,262 | €14,321 | ▲ 73.3% |
| Profit (loss) for the period9904 | €98,548 | €26,328 | €24,113 | ▼ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €98,548 | €26,328 | €24,113 | ▼ 8.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.6m | €0.5m | €1.4m | ▲ 187% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.8m | ▲ 404% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | ▲ 14.0% |
| Land and buildings22 | €0.1m | €0.1m | €0.1m | ▼ 5.0% |
| Plant, machinery and equipment23 | €0.02m | €0.01m | €0.007m | ▼ 33.6% |
| Furniture and vehicles24 | €340 | €0.001m | €0.03m | ▲ 36× |
| Financial fixed assets28 | - | - | €0.6m | - |
| Current assets29/58 | €0.5m | €0.3m | €0.6m | ▲ 89.4% |
| Stocks and contracts in progress3 | €0.1m | €0 | - | - |
| Stocks30/36 | €0.008m | €0 | - | - |
| Contracts in progress37 | €0.1m | €0 | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.6m | ▲ 105% |
| Trade receivables40 | €0.2m | €0.3m | €0.6m | ▲ 116% |
| Other amounts receivable41 | €0.07m | €0.04m | €0.05m | ▲ 30.3% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.004m | ▼ 87.5% |
| Deferred charges and accrued income490/1 | €0.002m | €0.01m | €0.03m | ▲ 204% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €1.4m | ▲ 187% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | ▲ 7.5% |
| Contributions10/11 | €0.002m | €0.002m | €0.002m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | ▲ 7.6% |
| Non-distributable reserves130/1 | €200 | €0 | - | - |
| Reserves not available under the articles1311 | €200 | €0 | - | - |
| Distributable reserves133 | €0.3m | €0.3m | €0.3m | ▲ 7.6% |
| Amounts payable17/49 | €0.3m | €0.2m | €1.1m | ▲ 516% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.6m | ▲ 478% |
| Financial debts170/4 | €0.1m | €0.1m | €0.6m | ▲ 478% |
| Amounts payable within one year42/48 | €0.2m | €0.08m | €0.5m | ▲ 565% |
| Current portion of amounts payable after more than one year42 | €0.008m | €0.008m | €0.07m | ▲ 767% |
| Financial debts43 | €0.04m | €0 | - | - |
| Credit institutions430/8 | €0.04m | €0 | - | - |
| Trade debts44 | €0.1m | €0.01m | €0.3m | ▲ 21× |
| Suppliers440/4 | €0.1m | €0.01m | €0.3m | ▲ 21× |
| Taxes, remuneration and social security45 | €0.05m | €0.05m | €0.07m | ▲ 20.5% |
| Taxes450/3 | €0.04m | €0.03m | €0.05m | ▲ 43.3% |
| Remuneration and social security454/9 | €0.006m | €0.02m | €0.02m | ▼ 19.1% |
| Other amounts payable47/48 | €0.002m | €0 | €0.08m | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €98,548 | €26,328 | €24,113 | ▼ 8.4% |
| + Depreciation and write-downs630 | €9,730 | €13,963 | €11,519 | ▼ 17.5% |
| Operating cash flow (approximation) | €108,277 | €40,291 | €35,631 | ▼ 11.6% |
| Investment in fixed assets (approximation) | - | -€1,240 | -€633,121 | ▼ 50,973% |
| Change in cash | - | €12,982 | -€28,741 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,372 companies had the same profile as ASV CONSTRUCT has now. Two years later, 96.6% were still going and 1.8% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ASV CONSTRUCT itself is higher: 4.0% within 12 months. It rests on far more data about ASV CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,372 companies, not a prediction for ASV CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Capital transactions
- 01-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANDERBECK Adrien Léon Ghislain |
|
| VANDERBECK Stéphane Léon Ghislain |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Frais de procédure et d'expertise pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs proportionnellement au nombre…”
Articles of association, deed of 01-12-2023 (in French)
Network & group
ASV CONSTRUCT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of ASV CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-06
Gazette deed
Registered office moved from Binche to AnderluesNew seat: 6150 Anderlues, Rue Jules Destrée 140 · Previous seat: 7134 Binche, Rue de la Station · Director in office3 points ▸
- General meeting, 19-12-2025
- Director in office, Adrien Vanderbeck (director)
- Registered-office move, 6150 Anderlues, Rue Jules Destrée 140
01-12
Gazette deed
Legal-form change · Resignations & appointmentsReappointments: VANDERBECK Adrien Léon Ghislain (director) and VANDERBECK Stéphane Léon Ghislain (director) · Incorporation · Legal-form conversion10 points ▸
- Incorporation, 01-04-2018
- Other provision, “historique modificatif des statuts” (deed in French)
- Other provision, “identifier toute surévaluation de l’actif net mentionné dans la situation au 2023-09-30, première résolution-dispense et rapports de transformation” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Registered office clause, “ayant son siège social à la Rue de la Station,4 à 7134 Ressaix, sortir adresse exacte du siège des statuts” (deed in French)
- Amendment of the articles
- Capital
- Director reappointment, VANDERBECK Adrien Léon Ghislain (director (not named in the articles))
- Director reappointment, VANDERBECK Stéphane Léon Ghislain (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 7134 Binche until the act of 16-06-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
70 activities
- Toutes les opérations relatives à la construction des maisons individuels en dur et ossature bois
- La pose de charpente traditionnel et couverture
- Le négoce de matériaux dans le bois et toutes autres matériaux liés au bâtiment
- La fourniture et la pose de menuiserie ALU,PVC et bois
- La pose de plafonnage,gyproc,coffrage,chape,carrelage
- Le transport et vide maison ou grenier
- Le commerce ambulant
- Le commerce forain pour l'exploitation
- Toute activité en rapport avec la manutention et le déménagement
- Le nettoyage,l'entretien et la désinfection de meubles et objets divers ainsi que de locaux commerciaux et industriels,de bureaux,ainsi que le nettoyage de vitre
- L'entretien de parcs et jardins ainsi que la désinfection et la dératisation
- Le nettoyage de façade
- L'entreprise du bâtiment,sans limitation d'activité,celles qui seraient réglementées débutant à partir des agréations,en ce compris l'entreprise générale
- La vente,achat,import,export,entretien,réparation,maintenance,réalisation et pose de matériels de quincailleries,chauffages,climatisation,pompe à chambre,chambre froide,aérations,ventilations,refroidissement d'air
- L'exploitation d'un atelier spécial de l'industrie des fabrications métalliques
- L'entreprise de fabrication et de placement de ferronneries et de menuiseries(entre autres châssis,portes,balustrades,escaliers et volets) métalliques
- Entreprise de construction métallique en aluminium,acier et inox
- L'entreprise de couverture et de toiture de constructions et tous bardages
- La location de tout matériel de construction ou autre parmi lesquels on retrouve,les échafaudages,bobcat,foreuses,ponceuses,mélangeurs,échelles,remorques,meuleuses,décapeuses,nettoyeurs haute pression,scies sauteuses
- En matière d'architecture d'intérieur,un bureau d'études chargé notamment de l'organisation d'espaces de bureaux,industriels ou commerciaux,l'établissement d'études,plans,coordination en ces domaines,l'achat et la revente de produits et article de décoration,l'achat et la revente de mobilier d'aménagement pour bureau,commerce,industrie,habitation,l'achat et la vente,la location d'immeubles bâtis ou non,la gérance et l'administration de toute construction privée,commerciale,industrielle ou publique
- La création,le développement et la promotion de projets immobiliers
- L'entreprise de travaux de zingage
- L'entreprise de recouvrement de corniches en bois et en P.V.C.
- L'entreprise de construction de bâtiments(gros œuvre et mise sous toit)
- L'entreprise de travaux d'étanchéité et revêtement de construction par asphaltage et bitumage
- L'entreprise d'isolation thermique et acoustique
- L'entreprise de travaux de plafonnage,de cimentage et de tous autres enduits
- L'entreprise de fabrication et placement de charpenterie et de menuiserie(entre autres châssis et volets) du bâtiment
- L'entreprise de pose de plaques de gyproc
- L'entreprise de fabrication et la placement de châssis et volets en PVC et aluminium
- L'entreprise d'installation de chauffage central à eau chaude et à vapeur
- L'entreprise d'installation de ventilation,de chauffage à air chaud,de conditionnement d'air et de tuyauteries industrielles
- L'entreprise d'installation sanitaire,de chauffage au gaz et de plomberie-zinguerie
- L'entreprise de placement d'adoucisseur d'eau
- Le placement de vitres dans les châssis dont l'exécution ne requiert pas un agrément spécial sur base d'un arrêté royal pris dans le cadre de la loi du quinze décembre mil neuf cent septante sur l'exercice des activités professionnelles dans les petites et moyennes entreprises
- La démolition et le terrassement
- La rénovation
- La construction,le parachèvement,l'entretien et la rénovation d'immeubles
- La fabrication,l'achat,la vente en gros ou en détail et la commercialisation en général des matériaux nécessaires à la construction ou à la rénovation d'immeubles
- L'activité d'intermédiaire dans de telles opérations
- L'entreprise de travaux d'égout
- L'entreprise de travaux de pose de câbles et de canalisations diverses
- L'entreprise d'aménagement de plaines de jeux et de sport,de parcs et de jardins
- L'entreprise de terrassement
- L'entreprise de construction de pavillons démontables et de baraquements non métalliques
- L'entreprise de placement de clôtures
- L'entreprise de fabrication et d'installation de cheminées ornementales(à l'exclusion de travaux de marbrerie,taille de pierres et de mosaïque)
- L'entreprise de placement de ferronnerie,de volets de menuiserie métallique et PVC
- L'entreprise de nettoyage et de désinfection de maisons et de locaux,meubles,ameublement et objets divers
- L'entreprise de ramonage de cheminées
- L'entreprise de pose de chape,faux plafonds et de cloisons amovible;plafonnage
- L'entreprise de peinture industrielle
- L'entreprise de fabrication et de garnissage de meubles non métalliques
- L'entreprise d'installation d'échafaudages,de rejointoyée et de nettoyage de façades
- L'entreprise de pose de parquets
- L'entreprise de placement,d’entretien et de réparation de tous brûleurs
- Le nettoyage de tous locaux et lavage de vitres
- L'entreprise de rénovation d'immeuble,au sens le plus large du terme
- L'import-export de toutes marchandises et de tout objet d'artisanat
- La négociation,la commission et la représentation
- L'achat,la vente,l'importation,la vente à tempérament,la location à court et à long terme sous toutes modalités,ainsi que le commerce sous toutes ses formes,de véhicules automobiles de quelque nature qu'ils soient,neufs et d'occasion et de tout article se rattachant à l'industrie automobile ou mécanique
- L'exploitation de garages,d'ateliers d'entretien et de réparation de ces véhicules de même que l'exploitation de magasins de pièces de rechange et d'accessoires pour l'automobile,ainsi que l'exploitation d'un ou plusieurs car-wash
- L'exploitation de restaurant,snack,friterie,pizzeria,salon de consommation,taverne,brasserie,débit de boissons,ainsi que l'importation,l'achat,la vente et le commerce en général de denrées alimentaires et de boissons alcoolisées ou non alcoolisées,accessoirement et éventuellement,l’exploitation d'hôtels,chambres d'hôtes,gites et de tout ce qui est relatif à de pareilles activité
- Tout ce qui touche à l'horeca,l'importation et l'exportation
- L'installation et l'exploitation de salons de coiffures pour hommes,femmes et enfants,instituts de beauté maquillage,épilation,manucure et pédicure,soins du corps
- Le commerce de détail de produits de soins pour les cheveux,soin de corps,soin visage,de produits de beauté,d'articles de toilette,et de textiles
- L'intermédiaire commerciale
- L'étude,le conseil,l'expertise,l'ingénierie et toutes prestations de services dans le cadre des activités prédécrites
- La location de salles(mariage,festival,réunion,anniversaire,banquet,fête et soirée dansante,etc)
- La démonstration sportive,culturelle et de sponsoring en Belgique et partout dans le monde
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0693.936.317