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ASYAM

Active
Private limited companyfounded 2018active for 8 yearsHendrik Consciencestraat 27, 9900 Eeklo, BelgiumKBO/BCE: BE 0690.850.133
Summary

The computed 12-month bankruptcy probability of ASYAM is 6.3% (elevated). The 2024 annual accounts show equity of €11,309 and a net result of €13,214. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 2,408 sector peers (NACE 25, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€17,683total assets 2024
Equity
€11,309
Profit
€13,214
Turnover not published (micro format)
Financial health
39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.3%
Structure
Accounts 83 days overdue1 of 4 deeds read
Why 39raises risk1 financial year not filed after the legal deadline; latest accounts 133 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 11-12-2025)Liquidity: current ratio 2.77, cash €1, halvedFounded in 2018Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 71% of its sector peers (NACE 25, micro)
Financial strength
Strong
Solvency 89
equity 64.0% of total assets
Liquidity 34
short-term debt 36.0% · cash 0.0%
Profitability 100
return on assets 74.7%
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,700 companies, NACE 25, micro)
Last 24 months 11-2024: 20.5%highest value 12-2024: 9.4%▼ -11.1 percentage points vs 11-2024 01-2025: 9.4%● unchanged vs 12-2024 02-2025: 9.4%● unchanged vs 01-2025 03-2025: 9.3%▼ -0.1 percentage points vs 02-2025 04-2025: 9.3%● unchanged vs 03-2025 05-2025: 9.1%▼ -0.2 percentage points vs 04-2025 06-2025: 4.4%▼ -4.7 percentage points vs 05-2025lowest value 07-2025: 4.6%▲ +0.2 percentage points vs 06-2025 08-2025: 5.3%▲ +0.7 percentage points vs 07-2025 09-2025: 5.9%▲ +0.6 percentage points vs 08-2025 10-2025: 8.6%▲ +2.7 percentage points vs 09-2025 11-2025: 8.8%▲ +0.2 percentage points vs 10-2025 12-2025: 10.0%▲ +1.2 percentage points vs 11-2025 01-2026: 6.3%▼ -3.7 percentage points vs 12-2025 02-2026: 6.3%● unchanged vs 01-2026 03-2026: 6.4%▲ +0.1 percentage points vs 02-2026 04-2026: 6.1%▼ -0.3 percentage points vs 03-2026 05-2026: 6.2%▲ +0.1 percentage points vs 04-2026 06-2026: 6.0%▼ -0.2 percentage points vs 05-2026 07-2026: 5.5%▼ -0.5 percentage points vs 06-2026 08-2026: 6.5%▲ +1.0 percentage point vs 07-2026 09-2026: 7.7%▲ +1.2 percentage points vs 08-2026 10-2026: 6.3%▼ -1.4 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.77, above the usual 1.5; short-term debt: 36% and cash: 0% of total assets), and 36% of the assets are financed with debt and provisions.
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 25, micro): better than 69% on solvency, 21% on liquidity, 94% on profitability and 99% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 133 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 11-12-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.77, cash €1, halved
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 83 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline22-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-12-2025, 133 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
133 days late
2023
113 days late
2022
72 days late
2021
110 days late
2020
31 days late
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 86 days after the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2019 to 2024net €13,214
  3. Liquidity more than 55 timescurrent ratio 2.77

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 83 days late View
  • Caution: Among the weakest 17% on equitysector median €75,004 · 2,411 companies €11,309 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2024
Total assets
€17,683
Profit
€13,214
Solvency
64.0%
Total assets▲ 17,703%
Net result
20192024
Go to Financials

Timeline

Events
11
Since
2020
  1. 21-11-2024Annual accounts filed
  2. 17-10-2024Resignation: YALÇIN Özgür (manager)
  3. 11-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
22-02-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Who signs
Each director alone
Annual meeting
Second Thursday of May at 18:00
Purpose
“De dienstverlening,bijstand en uitbating van een…” (deed in Dutch)
Go to Articles of association

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