Equity
ASVB België paid out €5.5m in dividends. That is 226% of the 2025 profit.
ASVB België paid out €5.5m in dividends. That is 226% of the 2025 profit.
The result fell in 2025 from €9.4m to €2.4m.
ASVB België pays its suppliers 12 days later than in 2024. Customers pay 22 days later.
Short-term debts rose from €175,506 to €217,377.
The last five annual accounts were filed 52 to 81 days before the end of the period.
Higher solvency than 93% of companies in head offices and management consultancy. Sector median 53.3% · 3,873 companies.
The dashed line is the sector median: 0.1% across 802 companies (NACE 70, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, medium-sized). It does better than 82% of them on solvency, 53% on liquidity, 92% on profitability and 40% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Liquidity is tight, with a current ratio of 1.24 (30.75 in 2024), below the usual 1.5. Short-term debt is 1.9% and cash 0.3% of total assets. 1.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 60 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 3 companies, including BOLCKMANS GmbH and BOLCKMANS
Board & ownership| Company | ||||
|---|---|---|---|---|
| ASVB België Hoogstraten | €0.9m | 0.0% | 98.1% | - |
| A ET S SERTANG Wavre | €0.9m | 8.6% | 65.8% | 3.9 |
| DECOGES Malmedy | €0.7m | - | 36.8% | 2 |
| MACHARIS INVEST Dendermonde | €1.0m | -8.9% | 80.2% | 5.1 |
| ELENCHUS - INVEST Mechelen | €1.2m | 48.7% | 36.2% | - |
| COMMITMENT Kapellen | €1.2m | 71.5% | 94.9% | - |
| EXOCET Antwerp | €1.4m | 77.0% | 84.7% | - |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ASVB België: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €11m and €15m, founded between 1997 and 2003.
ASVB België has existed since 1998. The balance sheet total fell from €24.4m in 2008 to €11.6m in 2025.
The balance sheet total has fallen every year since 2022. Solvency rose in 2025 from 86.4% to 98.1% because of lower debts.
In January 2023, the Official Gazette published the appointment of Aan de Stegge Verenigde Bedrijven B.V. as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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