ASVATING GROUP
The computed 12-month bankruptcy probability of ASVATING GROUP is 2.6% (moderate). The 2023 annual accounts show equity of €78k and a net result of €11k. Equity is growing by ~735.4% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €78k |
| Net result | €11k |
| Active | 13 yrs |
| Board | 1 |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €25k |
| Net profit | €11k |
| Cash flow | €13k |
| Staff costs | €103k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €495k |
| Equity | €78k |
| Debt | €417k |
| of which ≤ 1y | €417k |
| of which > 1y | - |
| Working capital | €75k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.18 |
| Quick ratio | 0.63 |
| Working capital ratio | 15.1% |
| Solvency | 15.7% |
| Debt / equity | 5.35 |
| Long-term debt ratio | - |
| Interest coverage | 3.37 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.2% |
| ROE | 14.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €495k |
| Fixed assets | 21/28 | €3k |
| Intangible fixed assets | 21 | €609 |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €492k |
| Stocks & contracts in progress | 3 | €228k |
| Amounts receivable within one year | 40/41 | €175k |
| Cash & bank | 54/58 | €88k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €495k |
| Equity | 10/15 | €78k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €57k |
| Amounts payable | 17/49 | €417k |
| Amounts payable within one year | 42/48 | €417k |
| Trade debts payable within one year | 44 | €326k |
| Income statement | ||
| Gross operating margin | 9900 | €135k |
| Operating result | 9901 | €23k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €16k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €11k |
| Result to be appropriated | 9905 | €11k |
-
GÜRBÜZ YakupDirectorState Gazette act 22066293 (02-06-2022)Current13-05-2022 → present
Former directors (1)
-
NZOLANTIMA KIAKUZUA AndyDirectorState Gazette act 22066293 (02-06-2022)Former- → 13-05-2022
| NACE primary | Detailhandel in spellen en speelgoed(47640) |
| Legal form | Private limited company(610) |
| Incorporation | 19-04-2013 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0840/00N005 | Brussels | 121 m² | 1 · 107 m² | 25.0 m · 7 fl. |
| 21004A0840/00B005 | Brussels | 110 m² | 1 · 110 m² | 24.2 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-06-2025 Transaction in capital or shares
Technical details
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"_claude_extraction_notes": "Act numac 25335518 for ASVATING GROUP (SRL, KBO 0526.932.803), notarial act dated 6 January 2025 (filing/d\u00E9p\u00F4t 02-06-2025, published 04/06/2025), by Ma\u00EEtre Jean VAN den WOUWER, notary at Bruxelles (Premier Canton), office at square de Meeus 1, Bruxelles. Objet de l\u0027acte: \u0022MODIFICATION FORME JURIDIQUE, SIEGE SOCIAL\u0022.\n\nFour resolutions:\n1) Adapt statutes to the Code des soci\u00E9t\u00E9s et des associations (art. 39 \u00A71 al.1\u00263 of law 23 March 2019), retaining the SRL/BV legal form (statutes).\n2) Constatation that, under art. 39 \u00A72 al.2, the capital fixe effectivement lib\u00E9r\u00E9 and the r\u00E9serve l\u00E9gale were converted by operation of law (\u0027de plein droit\u0027) into a statutorily unavailable equity account (compte de capitaux propres statutairement indisponible). This is the standard CSA capital-abolition conversion \u2014 NO EUR amount, no before/after/delta figures, no share issuance/destruction stated. It is purely a structural statutory consequence with zero quantified numbers, so it is NOT recorded as a capital event. New statutes mention only that \u0027cent (100) actions ont \u00E9t\u00E9 \u00E9mises\u0027 (art. 5 of new statutes) \u2014 total of 100 existing nominative shares, no nominal value or capital figure given.\n3) Transfer of registered office within 1000 Bruxelles from Boulevard Anspach 104 to Boulevard Anspach 94 (zetel).\n4) Adoption of new statutes in concordance with the CSA (statutes).\n\nNo EUR capital figures anywhere in the document. No share emission, no subscribers, no capital increase/decrease, no warrants, no bedrijfsrevisor/r\u00E9viseur, no specific shareholders listed. has_capital_content=false, events=[]. Co-filed: \u0027exp\u00E9dition, statuts\u0027. Note: object also implies a \u0027modification forme juridique\u0027 but in substance the SRL form is retained (CSA adaptation only); recorded under statutes. Address Boulevard Anspach is R\u00E9gion de Bruxelles-Capitale; company not foreign-registered.",
"_other_categories_present": [
"statutes",
"zetel"
]
}02-06-2022 All shares are now held by a single shareholder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ASVATING GROUP |