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AYAS

Active
Private limited companyfounded 201214 yrs activeVredeplein 14, 9300 Aalst, BelgiumKBO/BCE: BE 0842.484.095
Summary

AYAS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,112 and a net result of €68,387. Equity is growing by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 13560 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+94
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 6.45 against 3.76 in 2024; short-term debt: 13.8% and cash: 7.1% of total assets), and 15.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
84.9%
Return on assets
58.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d early
2023
35 d early
2022
29 d early
2021
32 d early
2020
32 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 January 2012, AYAS was incorporated.1 Total assets went from EUR 35,945 in 2018 to EUR 116,774 in 2025 and headcount from 0.4 to 3.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€99,112▲ 223%
2024 · €30,725
Total assets
€116,774▲ 195%
2024 · €39,578
Net result
€68,387
2024 · -€4,006
Working capital
€88,144▲ 334%
2024 · €20,314
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€6,547▼ 73.6%-€3,973€19,938-€1,475€68,587
Net result€3,752▼ 83.0%-€4,075€14,349-€4,006€68,387
Equity€24,458▲ 18.1%€20,383▼ 16.7%€34,731▲ 70.4%€30,725▼ 11.5%€99,112▲ 223%
Total assets€39,288▲ 11.9%€34,491▼ 12.2%€55,374▲ 60.5%€39,578▼ 28.5%€116,774▲ 195%
Debt€14,830▲ 3.0%€14,108▼ 4.9%€20,643▲ 46.3%€8,853▼ 57.1%€17,662▲ 99.5%
Working capital€6,519€6,228▼ 4.5%€22,823▲ 266%€20,314▼ 11.0%€88,144▲ 334%
Staff (FTE)2▲ 122%2.4▲ 20.0%2.8▲ 16.7%2.9▲ 3.6%3.7▲ 27.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: €6,547€6,547Net result 2021: €3,752€3,752Operating result 2022: -€3,973-€3,973Net result 2022: -€4,075-€4,075Operating result 2023: €19,938€19,938Net result 2023: €14,349€14,349Operating result 2024: -€1,475-€1,475Net result 2024: -€4,006-€4,006Operating result 2025: €68,587€68,587Net result 2025: €68,387€68,38720212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: €19,938€19,900Net result 2023: €14,349€14,300Operating result 2024: -€1,475-€1,470Net result 2024: -€4,006-€4,010Operating result 2025: €68,587€68,600Net result 2025: €68,387€68,400202320242025
The operating result returns to profit in 2025: €68,587 after a loss of €1,475 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,774
Fixed assets €12,468 ▲ 4.7%
Current assets €104,306 ▲ 277%
Equity and liabilities €116,774
Equity €99,112 ▲ 223%
Debt €17,662 ▲ 99.5%
Debt's share of the balance-sheet total falls from 22.4% to 15.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€70,639▲
2024 · €22
Cash flow
€70,438▲
2024 · -€2,509
Current ratio
6.45▲
2024 · 3.76
Quick ratio
6.30▲
2024 · 3.46
Debt to equity
0.18▼
2024 · 0.29
ROE
69.0%▲
2024 · -13.0%
ROA
58.6%▲
2024 · -10.1%
Interest coverage
726.44▲
2024 · 0.01
Debt ≤ 1 year
€16,162▲
2024 · €7,353
Income taxes
€3,418▲
2024 · €357
Staff costs
€22,828▲
2024 · €20,072
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.9% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€39,578€116,774▲
Fixed assets21/28€11,911€12,468▲
Tangible fixed assets22/27€6,479€7,036▲
Plant, machinery and equipment23€4,344€5,644▲
Furniture and vehicles24€2,135€1,392▼
Financial fixed assets28€5,432€5,432=
Current assets29/58€27,667€104,306▲
Stocks and contracts in progress3€2,252€2,461▲
Stocks30/36€2,252€2,461▲
Amounts receivable within one year40/41€225€93,023▲
Trade receivables40-€30,050
Other amounts receivable41€225€62,973▲
Cash at bank and in hand54/58€25,039€8,264▼
Deferred charges and accrued income490/1€150€559▲
Equity and liabilities
Total equity and liabilities10/49€39,578€116,774▲
Equity10/15€30,725€99,112▲
Contributions10/11€6,200€6,200=
Reserves13€16,209€84,595▲
Distributable reserves133€16,209€84,595▲
Profit (loss) carried forward14€8,317€8,317=
Amounts payable17/49€8,853€17,662▲
Amounts payable within one year42/48€7,353€16,162▲
Trade debts44€4,961€8,362▲
Suppliers440/4€4,961€8,362▲
Taxes, remuneration and social security45€1,521€7,800▲
Taxes450/3€357€4,218▲
Remuneration and social security454/9€1,164€3,582▲
Other amounts payable47/48€871-
Accrued charges and deferred income492/3€1,500€1,500=
Income statement Code20242025
Non-recurring operating income76A-€56,472
Remuneration, social security and pensions62€20,072€22,828▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,497€2,052▲
Other operating charges640/8€1,810€2,337▲
Gross operating margin9900€21,904€95,804▲
Operating profit (loss)9901-€1,475€68,587▲
Financial income75/76B-€3,315
Recurring financial income75-€3,315
Financial charges65/66B€2,174€97▼
Recurring financial charges65€2,174€97▼
Profit (loss) for the period before taxes9903-€3,649€71,805▲
Income taxes67/77€357€3,418▲
Profit (loss) for the period9904-€4,006€68,387▲
Profit (loss) for the period to be appropriated9905-€4,006€68,387▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,317€76,703▲
Profit (loss) brought forward from the previous period14P€12,323€8,317▼
Transfer to equity691/2-€68,387
To other reserves6921-€68,387

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€56,472-
Remuneration, social security and pensions62€5,829€21,781€25,080€20,072€22,828▲ 13.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,024€6,507€1,497€1,497€2,052▲ 37.1%
Other operating charges640/8€3,092€3,392€1,541€1,810€2,337▲ 29.1%
Gross operating margin9900€22,492€27,706€48,055€21,904€95,804▲ 337%
Operating profit (loss)9901€6,547-€3,973€19,938-€1,475€68,587▲ 4,751%
Financial income75/76B-€181€3-€3,315-
Recurring financial income75-€181€3-€3,315-
Financial charges65/66B€94€95€1,126€2,174€97▼ 95.5%
Recurring financial charges65€94€95€1,126€2,174€97▼ 95.5%
Profit (loss) for the period before taxes9903€6,453-€3,887€18,816-€3,649€71,805▲ 2,068%
Income taxes67/77€2,700€188€4,467€357€3,418▲ 858%
Profit (loss) for the period9904€3,752-€4,075€14,349-€4,006€68,387▲ 1,807%
Profit (loss) for the period to be appropriated9905€3,752-€4,075€14,349-€4,006€68,387▲ 1,807%
Line20212022202320242025Change
Assets
Total assets20/58€39,288€34,491€55,374€39,578€116,774▲ 195%
Fixed assets21/28€18,688€14,905€13,408€11,911€12,468▲ 4.7%
Tangible fixed assets22/27€13,257€9,473€7,976€6,479€7,036▲ 8.6%
Plant, machinery and equipment23€6,605€5,851€5,098€4,344€5,644▲ 29.9%
Furniture and vehicles24€6,652€3,622€2,878€2,135€1,392▼ 34.8%
Financial fixed assets28€5,432€5,432€5,432€5,432€5,432=
Current assets29/58€20,599€19,586€41,966€27,667€104,306▲ 277%
Stocks and contracts in progress3€863€3,395€1,933€2,252€2,461▲ 9.3%
Stocks30/36€863€3,395€1,933€2,252€2,461▲ 9.3%
Amounts receivable within one year40/41€4,218€2,366€4,608€225€93,023▲ 41,159%
Trade receivables40€4,218-€3,896-€30,050-
Other amounts receivable41-€2,366€711€225€62,973▲ 27,831%
Cash at bank and in hand54/58€14,769€13,175€35,276€25,039€8,264▼ 67.0%
Deferred charges and accrued income490/1€749€651€150€150€559▲ 273%
Equity and liabilities
Total equity and liabilities10/49€39,288€34,491€55,374€39,578€116,774▲ 195%
Equity10/15€24,458€20,383€34,731€30,725€99,112▲ 223%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€16,209€16,209€84,595▲ 422%
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Distributable reserves133--€16,209€16,209€84,595▲ 422%
Profit (loss) carried forward14€16,398€12,323€12,323€8,317€8,317=
Amounts payable17/49€14,830€14,108€20,643€8,853€17,662▲ 99.5%
Amounts payable within one year42/48€14,080€13,358€19,143€7,353€16,162▲ 120%
Trade debts44€2,444€8,599€6,486€4,961€8,362▲ 68.5%
Suppliers440/4€2,444€8,599€6,486€4,961€8,362▲ 68.5%
Taxes, remuneration and social security45€5,994€4,759€5,775€1,521€7,800▲ 413%
Taxes450/3€5,994€3,306€3,155€357€4,218▲ 1,082%
Remuneration and social security454/9-€1,453€2,620€1,164€3,582▲ 208%
Other amounts payable47/48€5,642-€6,882€871--
Accrued charges and deferred income492/3€750€750€1,500€1,500€1,500=
Line20212022202320242025Change
Profit (loss) for the period9904€3,752-€4,075€14,349-€4,006€68,387▲ 1,807%
+ Depreciation and write-downs630€7,024€6,507€1,497€1,497€2,052▲ 37.1%
Operating cash flow (approximation)€10,777€2,432€15,845-€2,509€70,438▲ 2,907%
Investment in fixed assets (approximation)--€2,723€0€0-€2,609-
Change in cash--€1,594€22,101-€10,236-€16,776▼ 63.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €68,387
Net result €68,387 after one loss-making year.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €14,349
Net result €14,349 after one loss-making year.
02-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€4,075
Net result drops to -€4,075, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €2,365
Net result €2,365 after one loss-making year.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2012
seat establishment approximate The establishment unit on the map
Ground area
692 m²
Building footprint
662 m²
Volume, LiDAR
7,235 m³
Parcel 41002A0009/00R000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PITA DE VREDE
Vredeplein 14, 9300 AalstFood and beverage service activities
since 20122.206.270.146
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002A0009/00R000indicative Flanders 692 m² 1 · 662 m² 16.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Aalst2.206.270.146
1 permission
Toelating · Pita-house, pita-bar · since 06-01-2012

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 7,839 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-01-2012
Fiscal year end31-12
Trade name NL PITA DE VREDE
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0842484095
Also 9925:BE0842484095
Registered 24-11-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.