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Asyl

Active
Private limited company (pre-2019)founded 2011active for 15 yearsRue de la Terre à Briques(MAR) 14, 7522 Tournai, BelgiumKBO/BCE: BE 0837.585.595

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 10-07-2026 at the NBB all 14 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€637▼ 3.7%
2024 · -€614
Working capital
€7,445▼ 7.9%
2024 · €8,082
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €584, larger than the loss of €566 in 2024. It is the lowest result since 2021.

Operating result-€584 2025 Net result-€637 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€738--€748▼ 1.4%-€567▲ 24.2%-€501▲ 11.8%-€448▲ 10.4%-€497▼ 10.8%-€566▼ 14.0%-€584▼ 3.1%
Net result-€855--€840▲ 1.7%-€722within the sector's middle half▲ 14.0%-€753within the sector's middle half▼ 4.2%-€541within the sector's middle half▲ 28.1%-€559within the sector's middle half▼ 3.3%-€614within the sector's middle half▼ 9.8%-€637within the sector's middle half▼ 3.7%
Equity€12,111-€11,272▼ 6.9%€10,549within the sector's middle half▼ 6.4%€9,797within the sector's middle half▼ 7.1%€9,255within the sector's middle half▼ 5.5%€8,696within the sector's middle half▼ 6.0%€8,082within the sector's middle half▼ 7.1%€7,445within the sector's middle half▼ 7.9%
Total assets€12,121-€12,029▼ 0.8%€10,897below the sector's middle half▼ 9.4%€9,806below the sector's middle half▼ 10.0%€9,555below the sector's middle half▼ 2.6%€8,969below the sector's middle half▼ 6.1%€8,473below the sector's middle half▼ 5.5%€7,837below the sector's middle half▼ 7.5%
Debt€10-€758▲ 79×€347▼ 54.1%€10▼ 97.2%€300▲ 31×€273▼ 8.9%€391▲ 43.1%€391=
Working capital€12,111-€11,272▼ 6.9%€10,549within the sector's middle half▼ 6.4%€9,797within the sector's middle half▼ 7.1%€9,255within the sector's middle half▼ 5.5%€8,696within the sector's middle half▼ 6.0%€8,082within the sector's middle half▼ 7.1%€7,445within the sector's middle half▼ 7.9%
Solvency99.9%-93.7%▼ 6.2pp96.8%above the sector's middle half▲ 3.1pp99.9%above the sector's middle half▲ 3.1pp96.9%above the sector's middle half▼ 3.0pp97.0%above the sector's middle half▲ 0.1pp95.4%above the sector's middle half▼ 1.6pp95.0%above the sector's middle half▼ 0.4pp
Current ratio15.8831.36above the sector's middle half▲ 15.4931.84above the sector's middle half32.80above the sector's middle half▲ 0.9621.65above the sector's middle half▼ 11.1620.02above the sector's middle half▼ 1.63
Return on assets (ROA)-7.1%--7.0%▲ 0.1pp-6.6%below the sector's middle half▲ 0.4pp-7.7%below the sector's middle half▼ 1.0pp-5.7%below the sector's middle half▲ 2.0pp-6.2%below the sector's middle half▼ 0.6pp-7.2%below the sector's middle half▼ 1.0pp-8.1%below the sector's middle half▼ 0.9pp
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €7,837
Equity €7,445 ▼ 7.9%
Debt €391 =
Debt's share of the balance-sheet total rises from 4.6% to 5.0%. Equity is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.05▲
2024 · 0.05
ROE
-8.5%▼
2024 · -7.6%
Debt ≤ 1 year
€391=
2024 · €391
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 6,908 companies had the same profile as Asyl has now. Two years later, 1.1% had gone bankrupt and 90.9% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Asyl itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,908 companies, not a prediction for Asyl. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines

Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€8,473€7,837▼
Current assets29/58€8,473€7,837▼
Amounts receivable within one year40/41€8,443€7,808▼
Other amounts receivable41€8,443€7,808▼
Cash at bank and in hand54/58€31€29▼
Equity and liabilities
Total equity and liabilities10/49€8,473€7,837▼
Equity10/15€8,082€7,445▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€22-€615▼
Amounts payable17/49€391€391=
Amounts payable within one year42/48€391€391=
Trade debts44€382€382=
Suppliers440/4€382€382=
Taxes, remuneration and social security45€10€10=
Taxes450/3€10€10=
Income statement Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900-€179-€184▼
Operating profit (loss)9901-€566-€584▼
Financial charges65/66B€48€53▲
Recurring financial charges65€48€53▲
Profit (loss) for the period before taxes9903-€614-€637▼
Profit (loss) for the period9904-€614-€637▼
Profit (loss) for the period to be appropriated9905-€614-€637▼
Appropriation of the result
Profit (loss) to be appropriated9906€22-€615▼
Profit (loss) brought forward from the previous period14P€636€22▼

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Other operating charges640/8---€348€348€384€387€400▲ 3.2%
Gross operating margin9900--€401-€220-€153-€101-€112-€179-€184▼ 3.0%
Operating profit (loss)9901-€738-€748-€567-€501-€448-€497-€566-€584▼ 3.1%
Financial charges65/66B---€252€93€62€48€53▲ 9.8%
Recurring financial charges65€117€92€155€252€93€62€48€53▲ 9.8%
Profit (loss) for the period before taxes9903-€855-€840-€722-€753-€541-€559-€614-€637▼ 3.7%
Profit (loss) for the period9904-€855-€840-€722-€753-€541-€559-€614-€637▼ 3.7%
Profit (loss) for the period to be appropriated9905-€855-€840-€722-€753-€541-€559-€614-€637▼ 3.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€12,121€12,029€10,897€9,806€9,555€8,969€8,473€7,837▼ 7.5%
Current assets29/58€12,121€12,029€10,897€9,806€9,555€8,969€8,473€7,837▼ 7.5%
Amounts receivable within one year40/41€12,069€12,029€10,885€9,780€9,522€8,957€8,443€7,808▼ 7.5%
Other amounts receivable41---€9,780€9,522€8,957€8,443€7,808▼ 7.5%
Cash at bank and in hand54/58€52€0€12€27€34€13€31€29▼ 7.0%
Equity and liabilities
Total equity and liabilities10/49€12,121€12,029€10,897€9,806€9,555€8,969€8,473€7,837▼ 7.5%
Equity10/15€12,111€11,272€10,549€9,797€9,255€8,696€8,082€7,445▼ 7.9%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€4,051€3,212€2,489€1,737€1,195€636€22-€615-
Amounts payable17/49€10€758€347€10€300€273€391€391=
Amounts payable within one year42/48€10€758€347€10€300€273€391€391=
Trade debts44-€748€338-€291€264€382€382=
Suppliers440/4----€291€264€382€382=
Taxes, remuneration and social security45---€10€10€10€10€10=
Taxes450/3---€10€10€10€10€10=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€855-€840-€722-€753-€541-€559-€614-€637▼ 3.7%
Operating cash flow (approximation)-€855-€840-€722-€753-€541-€559-€614-€637▼ 3.7%
Change in cash--€52€12€14€7-€21€18-€2-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 10-07-2026 2026-00286837 NBB
31-12-2024 micro format 02-07-2025 2025-00225478 PDF
31-12-2023 micro format 26-06-2024 2024-00179249 PDF
31-12-2022 micro format 14-07-2023 2023-00247212 PDF
31-12-2021 micro format 28-06-2022 2022-20108344 PDF
31-12-2020 micro format 13-07-2021 2021-35000286 PDF
31-12-2019 full format 08-10-2020 2020-59900227 PDF
31-12-2018 full format 24-07-2019 2019-38400596 PDF
31-12-2017 full format 03-07-2018 2018-29300266 PDF
31-12-2016 full format 27-07-2017 2017-38100125 PDF

Show all 14 filings

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