b-ash

Active

Private limited companyfounded 20224 yrs activeMeyerskouter 10, 9620 Zottegem, BelgiumKBO/BCE: BE 0785.710.391

Summary

The computed 12-month bankruptcy probability of b-ash is 3.1% (moderate). The 2025 annual accounts show negative equity (-€210) and a net result of €0. Equity is shrinking by ~224.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 9039 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

b-ashActiveChecked score 49/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€286total assets 2025

Equity: -€210
Profit: €0

Turnover not published (abridged schema)

Financial health

49 Fair Checked score 2025

Bankruptcy chance 12 m: 3.1%

Structure

Board: 1 member

Accounts 77 d early1 of 2 deeds read

Why 49- Sector Construction of residential and non-residential buildings (NACE 41)- Founded in 2022- 1 change of registered office in 24 months+ Liquidity: current ratio 0.58, cash €286Show the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 28% of its sector peers (NACE 41, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -73.2% of total assets

Liquidity 50=

short-term debt 173.2% · cash 100.0%

Profitability 38+38

return on assets 0.0%

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)

Last 24 months 11-2024: 1.7%lowest value 12-2024: 1.7%● 0.0% vs 11-2024lowest value 01-2025: 1.7%▲ +0.3% vs 12-2024 02-2025: 1.8%▲ +3.8% vs 01-2025 03-2025: 1.8%▼ -1.0% vs 02-2025 04-2025: 1.8%▲ +1.7% vs 03-2025 05-2025: 1.9%▲ +2.1% vs 04-2025 06-2025: 1.9%▼ -0.2% vs 05-2025 07-2025: 2.0%▲ +8.3% vs 06-2025 08-2025: 2.5%▲ +25.6% vs 07-2025 09-2025: 2.9%▲ +13.3% vs 08-2025 10-2025: 3.1%▲ +8.3% vs 09-2025 11-2025: 3.1%● 0.0% vs 10-2025 12-2025: 3.1%● 0.0% vs 11-2025 01-2026: 2.7%▼ -14.5% vs 12-2025 02-2026: 2.6%▼ -2.4% vs 01-2026 03-2026: 2.6%▼ -0.9% vs 02-2026 04-2026: 2.6%● 0.0% vs 03-2026 05-2026: 4.9%▲ +91.1% vs 04-2026highest value 06-2026: 3.1%▼ -37.2% vs 05-2026 07-2026: 3.1%● 0.0% vs 06-2026 08-2026: 3.1%● 0.0% vs 07-2026 09-2026: 3.1%● +0.0% vs 08-2026 10-2026: 3.1%● 0.0% vs 09-2026

Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Liquidity: current ratio 0.58, cash €286 lowers the probability
Founded in 2022 raises the probability for this profile
1 change of registered office in 24 months raises the probability

No credit on open account

balance sheet total too small for a liquidity verdict, and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 3%, liquidity 51%, profitability 22%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Construction of residential and non-residential buildings (NACE 41)

In the bankruptcy model this factor raises the probability.

KBO

Liquidity: current ratio 0.58, cash €286

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Founded in 2022

In the bankruptcy model this factor raises the probability for this profile.

KBO

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9039 sector peers (2025).

NBB · sector comparison

Position among 9039 sector peers

Solvency

better than 5%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

77 d early

2024

31 d late

2023

23 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 8 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 24 August (3 of the last 3 filed years within 101 days of that day).

Companies Code · seven months

Position in the running window

07-10-2026 today31-12-2026 close31-07-2027 deadline

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

15-05-26 Annual accounts filedfiscal year 2025 · micro…
24-04-26 Resignations: IVANSKYY Andriy (statutory director) and…Appointment: MARZIEV Ahmed (non-statutory director)…
31-08-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€210 View
Caution: Among the weakest 5% on solvencysector median 43.5% · 9,039 companies -73.2% View
Caution: Board changedlatest change 31-12-2025 · 1 in office 1 joined · 2 left View