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AYASEV

Active
Private limited company (pre-2019)founded 201312 yrs activeWaterlose Steenweg 165, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0539.727.596

The file of AYASEV contains 3 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The annual accounts of AYASEV for fiscal year 2024 show a net loss of 73% of the equity at the start of that year. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €11,692 and a net result of -€31,402. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 36% of 18930 sector peers (fiscal year 2024).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency38▼-25
Growth55▼-13
Track record60
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.15 against 1.98 in 2023; short-term debt: 86.9% and cash: 1.8% of total assets), and 86.9% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Judicial reorganisation on record
A judicial reorganisation is on record, and one often precedes a bankruptcy.
Belgian State Gazette
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 →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
13.1%
Return on assets
-35.1%
Age of the figures
21 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 12 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€31,402
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
44 d early
2022
41 d early
2021
23 d late
2020
110 d late
2019
49 d early
← 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 4 days after 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 (1)
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

AYASEV was incorporated on 27 September 2013.1 Total assets rose from EUR 47,575 in 2018 to EUR 89,358 in 2024 and headcount from 0.7 to 1.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€196,607▲ 333%
2021 · €45,401
EBIT margin
14.2%▼ 24.7pp
2021 · 38.9%
Net result
-€31,402▼ 39.5%
2023 · -€22,512
Working capital
€11,283▼ 79.8%
2023 · €55,885
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
Line20202021202220232024
Turnover€45,401€196,607▲ 333%
Operating result-€13,670€17,674€27,953▲ 58.2%-€23,012-€29,033▼ 26.2%
Net result-€13,813€5,705€22,590▲ 296%-€22,512-€31,402▼ 39.5%
EBIT margin38.9%14.2%▼ 24.7pp
Equity€28,438▼ 32.7%€43,016▲ 51.3%€65,606▲ 52.5%€43,094▼ 34.3%€11,692▼ 72.9%
Total assets€62,611▲ 21.0%€68,765▲ 9.8%€97,179▲ 41.3%€113,347▲ 16.6%€89,358▼ 21.2%
Debt€34,173▲ 261%€25,749▼ 24.7%€31,573▲ 22.6%€70,252▲ 123%€77,665▲ 10.6%
Working capital€26,067▼ 33.0%€41,461▲ 59.1%€64,866▲ 56.5%€55,885▼ 13.8%€11,283▼ 79.8%
Staff (FTE)10.5▼ 50.0%0.9▲ 80.0%1.3▲ 44.4%
Why a figure moved sharply
  • 2022 Turnover +333% on 2021. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€13,670-€13,670Net result 2020: -€13,813-€13,813Operating result 2021: €17,674€17,674Net result 2021: €5,705€5,705Operating result 2022: €27,953€27,953Net result 2022: €22,590€22,590Operating result 2023: -€23,012-€23,012Net result 2023: -€22,512-€22,512Operating result 2024: -€29,033-€29,033Net result 2024: -€31,402-€31,40220202021202220232024-€40,000-€20,000€0€20,000Operating result 2022: €27,953€28,000Net result 2022: €22,590€22,600Operating result 2023: -€23,012-€23,000Net result 2023: -€22,512-€22,500Operating result 2024: -€29,033-€29,000Net result 2024: -€31,402-€31,400202220232024
The operating result stays negative: a loss of €29,033 in 2024 against €23,012 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89,358
Fixed assets €409 =
Current assets €88,949 ▼ 21.2%
Equity and liabilities €89,358
Equity €11,692 ▼ 72.9%
Debt €77,665 ▲ 10.6%
Debt's share of the balance-sheet total rises from 62.0% to 86.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.15▼
2023 · 1.98
Quick ratio
1.14▼
2023 · 1.91
Debt to equity
6.64▲
2023 · 1.63
ROE
-268.6%▼
2023 · -52.2%
ROA
-35.1%▼
2023 · -19.9%
Debt ≤ 1 year
€77,665▲
2023 · €57,052
Staff costs
€26,743▼
2023 · €41,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,295 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.9% stopped otherwise
89% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: ≥ 25% 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 1,295 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 · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€113,347€89,358▼
Fixed assets21/28€409€409=
Financial fixed assets28€409€409=
Current assets29/58€112,938€88,949▼
Amounts receivable after more than one year29€43,000€43,000=
Trade receivables290€43,000€43,000=
Stocks and contracts in progress3€3,852€393▼
Stocks30/36€3,852€393▼
Amounts receivable within one year40/41€35,567€43,974▲
Other amounts receivable41€35,567€43,974▲
Cash at bank and in hand54/58€30,519€1,581▼
Equity and liabilities
Total equity and liabilities10/49€113,347€89,358▼
Equity10/15€43,094€11,692▼
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€35,034€3,632▼
Amounts payable17/49€70,252€77,665▲
Amounts payable within one year42/48€57,052€77,665▲
Current portion of amounts payable after more than one year42€28€90▲
Trade debts44€28,388€28,046▼
Suppliers440/4€28,388€28,046▼
Taxes, remuneration and social security45€21,566€16,323▼
Taxes450/3€20,047€14,631▼
Remuneration and social security454/9€1,520€1,692▲
Other amounts payable47/48€7,070€33,206▲
Accrued charges and deferred income492/3€13,200-
Income statement Code20232024
Remuneration, social security and pensions62€41,167€26,743▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€330-
Other operating charges640/8€5,647€14,203▲
Gross operating margin9900€24,133€11,913▼
Operating profit (loss)9901-€23,012-€29,033▼
Financial income75/76B€1,299-
Recurring financial income75€1,299-
Financial charges65/66B€799€2,368▲
Recurring financial charges65€799€2,368▲
Profit (loss) for the period before taxes9903-€22,512-€31,402▼
Profit (loss) for the period9904-€22,512-€31,402▼
Profit (loss) for the period to be appropriated9905-€22,512-€31,402▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,034€3,632▼
Profit (loss) brought forward from the previous period14P€57,546€35,034▼
Social balance
Average headcount (FTE)90870.9-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70-€45,401€196,607---
Goods, raw materials, services and sundry goods60/61-€18,059€123,976---
Remuneration, social security and pensions62-€5,716€34,555€41,167€26,743▼ 35.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€981€816€816€330--
Other operating charges640/8-€3,136€9,307€5,647€14,203▲ 152%
Gross operating margin9900-€8,338€27,342€72,631€24,133€11,913▼ 50.6%
Operating profit (loss)9901-€13,670€17,674€27,953-€23,012-€29,033▼ 26.2%
Financial income75/76B--€5,000€1,299--
Recurring financial income75--€5,000€1,299--
Financial charges65/66B-€160€191€799€2,368▲ 196%
Recurring financial charges65€143€160€191€799€2,368▲ 196%
Profit (loss) for the period before taxes9903-€13,813€17,515€32,761-€22,512-€31,402▼ 39.5%
Income taxes67/77-€11,810€10,172---
Profit (loss) for the period9904-€13,813€5,705€22,590-€22,512-€31,402▼ 39.5%
Profit (loss) for the period to be appropriated9905-€13,813€5,705€22,590-€22,512-€31,402▼ 39.5%
Line20202021202220232024Change
Assets
Total assets20/58€62,611€68,765€97,179€113,347€89,358▼ 21.2%
Fixed assets21/28€2,371€1,555€739€409€409=
Tangible fixed assets22/27€1,962€1,146€330---
Plant, machinery and equipment23-€1,146€330---
Financial fixed assets28€409€409€409€409€409=
Current assets29/58€60,240€67,210€96,439€112,938€88,949▼ 21.2%
Amounts receivable after more than one year29-€43,000€43,000€43,000€43,000=
Trade receivables290-€43,000€43,000€43,000€43,000=
Stocks and contracts in progress3€628€2,102€3,852€3,852€393▼ 89.8%
Stocks30/36-€2,102€3,852€3,852€393▼ 89.8%
Amounts receivable within one year40/41€8,860€7,177€38,824€35,567€43,974▲ 23.6%
Trade receivables40-€4,345€6,206---
Other amounts receivable41-€2,832€32,618€35,567€43,974▲ 23.6%
Cash at bank and in hand54/58€1,784€14,931€5,635€30,519€1,581▼ 94.8%
Deferred charges and accrued income490/1--€5,129---
Equity and liabilities
Total equity and liabilities10/49€62,611€68,765€97,179€113,347€89,358▼ 21.2%
Equity10/15€28,438€43,016€65,606€43,094€11,692▼ 72.9%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€20,378€34,956€57,546€35,034€3,632▼ 89.6%
Amounts payable17/49€34,173€25,749€31,573€70,252€77,665▲ 10.6%
Amounts payable within one year42/48€34,173€25,749€31,573€57,052€77,665▲ 36.1%
Current portion of amounts payable after more than one year42---€28€90▲ 221%
Trade debts44€24,091-€6,707€28,388€28,046▼ 1.2%
Suppliers440/4--€6,707€28,388€28,046▼ 1.2%
Taxes, remuneration and social security45-€25,056€23,034€21,566€16,323▼ 24.3%
Taxes450/3-€19,992€18,800€20,047€14,631▼ 27.0%
Remuneration and social security454/9-€5,064€4,234€1,520€1,692▲ 11.4%
Other amounts payable47/48-€692€1,832€7,070€33,206▲ 370%
Accrued charges and deferred income492/3---€13,200--
Line20202021202220232024Change
Profit (loss) for the period9904-€13,813€5,705€22,590-€22,512-€31,402▼ 39.5%
+ Depreciation and write-downs630€981€816€816€330--
Operating cash flow (approximation)-€12,832€6,521€23,405-€22,181-€31,402▼ 41.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€13,147-€9,296€24,884-€28,937▼ 216%

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

2025
26-09
Judicial reorganisation Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · event 17-09-2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
26-06
Judicial reorganisation Extension
Tribunal de l’entreprise francophone de Bruxelles · collective agreement (SME) · event 18-06-2025
25-03
Judicial reorganisation Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement (SME) · event 19-03-2025
2024
31-12
Financial Weakest financial yearnet -€31,402
Net result drops to -€31,402, the lowest in the series.
17-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €22,590 ▲296%
Operating result €27,953, net result €22,590, both a record.
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial Back to profitnet €5,705
Net result €5,705 after one loss-making year.
18-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial Back to profitnet €10,618
Net result €10,618 after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts

We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
19 acts for this company are 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
119 m²
Building footprint
107 m²
Volume, LiDAR
1,538 m³
Parcel 21562A0171/00P012, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
WATERLOO
Waterlose Steenweg 165, 1060 Sint-Gillis (bij-Brussel)Cafés and bars
since 20132.223.986.108
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0171/00P012 Brussels 119 m² 1 · 106 m² 16.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 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
Sint-Gillis2.223.986.108
1 permission
Drankgelegenheid · since 21-06-2016

Similar companies · same sector, comparable size

Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,639 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 (pre-2019)
Founded27-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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