B²ASC
ActiveSummary
B²ASC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €382,062 and a net result of €229,677. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+10
Solvency82▼-18
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.21 against 7.62 in 2024; short-term debt: 42.8% and cash: 50.3% of total assets), and 43.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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 2025Solvency, return and age of the figures
Solvency
56.5%
Return on assets
34%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
38 d early
2024
43 d early
2023
on the day
2022
25 d early
2021
11 d late
2020
on the day
2019
12 d late
← 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 12 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€382,062▼ 68.2%
2024 · €1.2m
Total assets
€675,929▼ 51.3%
2024 · €1.4m
Net result
€229,677▼ 3.7%
2024 · €238,567
Working capital
€351,444▼ 69.5%
2024 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€325,161▼ 37.3%€248,525▼ 23.6%€480,461▲ 93.3%€303,852▼ 36.8%€283,657▼ 6.6%
Net result€241,078above the sector's middle half▼ 33.6%€231,822above the sector's middle half▼ 3.8%€442,847above the sector's middle half▲ 91.0%€238,567above the sector's middle half▼ 46.1%€229,677above the sector's middle half▼ 3.7%
Equity€769,149above the sector's middle half▲ 45.7%€820,971above the sector's middle half▲ 6.7%€963,818above the sector's middle half▲ 17.4%€1.2mabove the sector's middle half▲ 24.8%€382,062within the sector's middle half▼ 68.2%
Total assets€963,620within the sector's middle half▲ 12.0%€1.1mwithin the sector's middle half▲ 18.6%€1.5mwithin the sector's middle half▲ 28.1%€1.4mwithin the sector's middle half▼ 5.2%€675,929within the sector's middle half▼ 51.3%
Debt€194,471▼ 41.4%€321,675▲ 65.4%€500,382▲ 55.6%€185,302▼ 63.0%€293,868▲ 58.6%
Working capital€633,308above the sector's middle half▲ 50.6%€715,527above the sector's middle half▲ 13.0%€882,295above the sector's middle half▲ 23.3%€1.2mabove the sector's middle half▲ 30.5%€351,444within the sector's middle half▼ 69.5%
Solvency79.8%above the sector's middle half▲ 18.4pp71.8%above the sector's middle half▼ 8.0pp65.8%within the sector's middle half▼ 6.0pp86.6%above the sector's middle half▲ 20.8pp56.5%within the sector's middle half▼ 30.1pp
Current ratio4.51above the sector's middle half▲ 2.183.32within the sector's middle half▼ 1.202.79within the sector's middle half▼ 0.537.62above the sector's middle half▲ 4.832.21within the sector's middle half▼ 5.41
Return on assets (ROA)25.0%above the sector's middle half▼ 17.2pp20.3%above the sector's middle half▼ 4.7pp30.2%above the sector's middle half▲ 10.0pp17.2%above the sector's middle half▼ 13.1pp34.0%above the sector's middle half▲ 16.8pp
Staff (FTE)4.1within the sector's middle half▲ 32.3%3.8within the sector's middle half▼ 7.3%4within the sector's middle half▲ 5.3%4.4within the sector's middle half▲ 10.0%5.1within the sector's middle half▲ 15.9%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €675,929
Fixed assets
€35,194 ▼ 43.8%
Current assets
€640,735 ▼ 51.6%
Equity and liabilities €675,929
Equity
€382,062 ▼ 68.2%
Debt
€293,868 ▲ 58.6%
Debt's share of the balance-sheet total rises from 13.4% to 43.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€308,644▼
2024 · €334,566
Cash flow
€254,664▼
2024 · €269,281
Debt to equity
0.77▲
2024 · 0.15
ROE
60.1%▲
2024 · 19.8%
Interest coverage
261.32▲
2024 · 231.38
Debt ≤ 1 year
€289,291▲
2024 · €173,830
Income taxes
€60,747▼
2024 · €90,523
Staff costs
€308,414▲
2024 · €244,766
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €745 | - |
| Remuneration, social security and pensions62 | €206,154 | €216,313 | €201,142 | €244,766 | €308,414 | ▲ 26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,987 | €38,304 | €35,778 | €30,714 | €24,987 | ▼ 18.6% |
| Other operating charges640/8 | €3,024 | €4,366 | €4,197 | €1,533 | €2,496 | ▲ 62.8% |
| Gross operating margin9900 | €571,325 | €507,509 | €721,579 | €580,866 | €619,553 | ▲ 6.7% |
| Operating profit (loss)9901 | €325,161 | €248,525 | €480,461 | €303,852 | €283,657 | ▼ 6.6% |
| Financial income75/76B | €5,871 | €9,396 | €19,708 | €27,029 | €7,949 | ▼ 70.6% |
| Recurring financial income75 | €5,871 | €9,396 | €19,708 | €22,504 | €7,949 | ▼ 64.7% |
| Non-recurring financial income76B | - | - | - | €4,525 | - | - |
| Financial charges65/66B | €2,962 | €2,729 | €792 | €1,792 | €1,181 | ▼ 34.1% |
| Recurring financial charges65 | €2,962 | €2,729 | €792 | €1,446 | €1,181 | ▼ 18.3% |
| Non-recurring financial charges66B | - | - | - | €346 | - | - |
| Profit (loss) for the period before taxes9903 | €328,070 | €255,192 | €499,377 | €329,089 | €290,424 | ▼ 11.7% |
| Income taxes67/77 | €86,992 | €23,370 | €56,531 | €90,523 | €60,747 | ▼ 32.9% |
| Profit (loss) for the period9904 | €241,078 | €231,822 | €442,847 | €238,567 | €229,677 | ▼ 3.7% |
| Profit (loss) for the period to be appropriated9905 | €241,078 | €231,822 | €442,847 | €238,567 | €229,677 | ▼ 3.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €963,620 | €1.1m | €1.5m | €1.4m | €675,929 | ▼ 51.3% |
| Fixed assets21/28 | €150,011 | €118,121 | €88,777 | €62,604 | €35,194 | ▼ 43.8% |
| Intangible fixed assets21 | €75,294 | €60,200 | €48,707 | €36,881 | €20,118 | ▼ 45.5% |
| Tangible fixed assets22/27 | €72,843 | €57,922 | €40,070 | €25,723 | €15,076 | ▼ 41.4% |
| Plant, machinery and equipment23 | €506 | €322 | €761 | €439 | €254 | ▼ 42.1% |
| Furniture and vehicles24 | €44,446 | €37,028 | €23,535 | €21,124 | €11,584 | ▼ 45.2% |
| Leasing and similar rights25 | €19,588 | €13,651 | €10,233 | - | - | - |
| Other tangible fixed assets26 | €8,303 | €6,922 | €5,541 | €4,161 | €3,238 | ▼ 22.2% |
| Financial fixed assets28 | €1,875 | - | - | - | - | - |
| Current assets29/58 | €813,609 | €1.0m | €1.4m | €1.3m | €640,735 | ▼ 51.6% |
| Amounts receivable after more than one year29 | €275,000 | €275,000 | €275,000 | €275,000 | - | - |
| Other amounts receivable291 | €275,000 | €275,000 | €275,000 | €275,000 | - | - |
| Amounts receivable within one year40/41 | €405,317 | €367,652 | €462,839 | €595,950 | €281,553 | ▼ 52.8% |
| Trade receivables40 | €357,343 | €271,155 | €396,157 | €552,586 | €278,133 | ▼ 49.7% |
| Other amounts receivable41 | €47,975 | €96,497 | €66,682 | €43,364 | €3,420 | ▼ 92.1% |
| Current investments50/53 | - | - | €300,000 | €275,000 | - | - |
| Cash at bank and in hand54/58 | €116,461 | €356,128 | €308,042 | €156,433 | €340,177 | ▲ 117% |
| Deferred charges and accrued income490/1 | €16,830 | €25,745 | €29,542 | €22,700 | €19,005 | ▼ 16.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €963,620 | €1.1m | €1.5m | €1.4m | €675,929 | ▼ 51.3% |
| Equity10/15 | €769,149 | €820,971 | €963,818 | €1.2m | €382,062 | ▼ 68.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €750,549 | €802,371 | €945,218 | €1.2m | €363,462 | ▼ 69.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €748,689 | €800,511 | €945,218 | €1.2m | €363,462 | ▼ 69.3% |
| Amounts payable17/49 | €194,471 | €321,675 | €500,382 | €185,302 | €293,868 | ▲ 58.6% |
| Amounts payable after more than one year17 | €10,982 | €5,281 | - | - | - | - |
| Financial debts170/4 | €10,982 | €5,281 | - | - | - | - |
| Amounts payable within one year42/48 | €180,301 | €308,998 | €493,128 | €173,830 | €289,291 | ▲ 66.4% |
| Current portion of amounts payable after more than one year42 | €19,176 | €5,701 | €5,281 | - | - | - |
| Trade debts44 | €86,573 | €86,203 | €117,044 | €102,245 | €59,652 | ▼ 41.7% |
| Suppliers440/4 | €86,573 | €86,203 | €117,044 | €102,245 | €59,652 | ▼ 41.7% |
| Advances received on contracts in progress46 | €1,107 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €72,426 | €37,094 | €70,803 | €70,515 | €78,268 | ▲ 11.0% |
| Taxes450/3 | €38,137 | €8,500 | €40,336 | €29,255 | €16,277 | ▼ 44.4% |
| Remuneration and social security454/9 | €34,288 | €28,595 | €30,466 | €41,260 | €61,991 | ▲ 50.2% |
| Other amounts payable47/48 | €1,019 | €180,000 | €300,000 | €1,070 | €151,371 | ▲ 14,044% |
| Accrued charges and deferred income492/3 | €3,188 | €7,395 | €7,254 | €11,472 | €4,576 | ▼ 60.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €241,078 | €231,822 | €442,847 | €238,567 | €229,677 | ▼ 3.7% |
| + Depreciation and write-downs630 | €36,987 | €38,304 | €35,778 | €30,714 | €24,987 | ▼ 18.6% |
| Operating cash flow (approximation) | €278,065 | €270,127 | €478,625 | €269,281 | €254,664 | ▼ 5.4% |
| Investment in fixed assets (approximation) | - | -€6,415 | -€6,434 | -€4,541 | €2,423 | ▲ 153% |
| Change in cash | - | €239,667 | -€48,086 | -€151,609 | €183,744 | ▲ 221% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €229,677 ▼3.7%
Net result drops to €229,677, the lowest in the series.
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity triplescurrent ratio 7.62
Current ratio from 2.79 to 7.62; short-term debt falls from €493,128 to €173,830.
30-09
Financial
Equity above €1mEq €1.2m ▲24.8%
7 profitable years in a row build equity to €1.2m.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €500,000Eq €528,071 ▲13.6%
3 profitable years in a row build equity to €528,071.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
30-09
Financial
Highest result since 2018net €620,902 ▲77.1%
Operating result €761,029, net result €620,902, both a record.
30-09
Financial
Equity above €200,000Eq €465,050 ▲231%
2 profitable years in a row build equity to €465,050.
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Deinze · 1 establishment unit since 2016
Ground area
1,302 m²
Building footprint
128 m²
Volume, LiDAR
1,025 m³
Parcel 44049C0684/00M000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mijn Asbest Attest
since 20162.260.112.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44049C0684/00M000 | Flanders | 1,302 m² | 1 · 128 m² | 11.9 m · 3 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.
Structure & network
Owners and holdings
3 ownersOwners 3
-
50%
-
50%
-
33.33%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,310 EUR awarded · 5,078 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 933 EUR | 933 EUR |
| 2024 | 1 | 611 EUR | 816 EUR |
| 2023 | 1 | 923 EUR | 1,370 EUR |
| 2022 | 1 | 2,843 EUR | 1,959 EUR |
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,703 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)
Founded20-12-2016
Fiscal year end30-09
Activities, NACEBEL 2025
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Contact
Website
www.b2asc.be - www.basc.be - www.mijnasbestattest.be
E-mail
info@b2asc.beDeinze
E-invoicing
Reachable via Peppol
Peppol ID
0208:0667921610
Also
9925:BE0667921610
Registered
01-09-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.