Equity
€264,894 from €807,262 in 2025
Equity fell by 67% in 1 year.
ASTERX HORECA
Part of the group
8 companies
Lifetime
13 annual accounts with figures on one time axispeak €2.1m (2023)
-not published
lowest -€967,298 (2025)
-€542,367▲ €424,931
peak €807,262 (2025)
€264,894▼ 67.2%
€9.0m▼ 6.5%
peak 25.8 FTE (2026)
25.8 FTE▲ 35.1%
Board10 names since 2015
3 directors and 2 others
Owners2 names in the annual accounts
Documentsfilings and deeds
31-08-2026on the last day
2026financial year
Loss of €542,367Staff from 19.1 FTE to 25.8 FTEEquity from €807,262 to €264,894Cash from €69,708 to €37,296
Key points
from the 2026 annual accountsLosses
-€1.5m in two years
The 2025 and 2026 financial years closed with a loss. 2025 was the heaviest.
Debts
€9.0m 97% of the balance sheet
Financial debts 42%Suppliers 28%Taxes and wages 2%Other 28%
€2.7m of the debts are secured on the company's own assets. In 2025 that was €3.4m.
Staff
26 employees on 31-01-2026
In 2026, 20 people joined and 24 left.
Restructuring
2024
Merger with RAOUL GAGELMANS. Merger on 17-12-2024.
Position in the sector
2.9%
Lower solvency than 94% of companies in wholesale trade. Sector median 42.0% · 220 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 911 companies had the same profile as ASTERX HORECA has now. Each dot stands for 3 companies, two years later.
95.3%
were still trading
2.1%
stopped another way
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 911 companies, not a prediction for ASTERX HORECA. 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.
Credit verdict
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Signals
Board and ownership
Director, , since 01-07-2025
Director, since 01-07-2025
Director, , since 28-10-2025
Auditor,
- 89.99%score equity €24.7m (2025) · 2025 annual accounts of
- 10.01%equity €349,272 (2025) · 2025 annual accounts of .
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0839844806
1 director appointed
· Permanent representatives: and · General meeting of 28-10-2025 · Gazette deed
2 directors appointed, 2 resignations
Resignations: and · Appointments: and · Permanent representative: · General meeting of 01-07-2025 · Gazette deed
Merger: AsterX Dranken takes over RAOUL GAGELMANS
Company renamed to ASTERX HORECA · Capital increase of €925,000 to €1,361,573.38 · New name: ASTERX HORECA · General meeting of 05-11-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ASTERX HORECA Aartselaar | €14.8m | -1.6% | 2.9% | 25.8 |
| GLOBAL WINERIES Kapellen | €17.6m | 5.3% | 31.3% | 20.8 |
| KUPPER Butgenbach | €11.2m | 4.8% | 25.0% | 30.6 |
| D-DRINKS Ghent | €16.5m | 1.4% | 31.6% | 20.2 |
| DEPOT 30 Dilsen-Stokkem | €29.3m | 4.7% | 68.1% | 38 |
| COMPTOIR DES FAGNES Couvin | €11.2m | 3.7% | 56.4% | 24.2 |
| DRANKEN PEDE Wetteren | €26.2m | 1.3% | 33.1% | 32.9 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ASTERX HORECA: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €3.8m and €12m, founded between 1998 and 2009.
Official details
Source: KBO- Status
- Active since 28-09-2011Normal situation
- Activity
- Wholesale of beverages, general rangeNACE 46349
- Joint committees
- 119Food trade
- 201Independent retail · annual accounts 31-01-2026
- Establishment unit
- 2.342.065.5922630 Aartselaar, since 01-04-2023
- Financial year end
- 31 January
- Peppol
- Reachable since 31-01-2026
Annual accounts to 31-01-2026
- €9.3m▼ 11.2%
- Employeeson 31-01-2026
- 26▼ 13.3%
- Filing
- Filed on 31-08-2026, on the last day of the filing period
Companies linked to ASTERX HORECA
Parent and group
Insights on ASTERX HORECA
The annual accounts of ASTERX HORECA for financial year 2026 show a net loss of 67% of the equity at the start of that year. The 2026 annual accounts show equity of €264,894 and a net result of -€542,367.
Equity grew by about 2.5% per year on average since 2019. In 2026 it fell by 67.2%. Its solvency ranks better than 6% of 220 sector peers (NACE 46, financial year 2026).
The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ASTERX HORECA
- What is the company number of ASTERX HORECA?
- The company number of ASTERX HORECA is 0839.844.806. The VAT number is the same number with BE in front: BE 0839.844.806.
- Where is ASTERX HORECA based?
- The registered office is at Oudestraat 5, 2630 Aartselaar.Company details
- What does ASTERX HORECA do?
- According to the KBO register, the main activity is wholesale of beverages, general range (NACE 46349).
- What is the legal form of ASTERX HORECA?
- ASTERX HORECA is a private limited company (BV).
- When was ASTERX HORECA founded?
- ASTERX HORECA was founded on 28-09-2011.
- Is ASTERX HORECA still active?
- Yes, ASTERX HORECA is an active enterprise in the KBO register.
- How many employees does ASTERX HORECA have?
- ASTERX HORECA had an average of 25.8 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does ASTERX HORECA fall under?
- In its 31-01-2026 annual accounts, ASTERX HORECA states joint committees 119 (Food trade) and 201 (Independent retail).
- What is the turnover of ASTERX HORECA?
- The turnover of ASTERX HORECA was €14.8m in financial year 2026, according to the filed annual accounts.
- Is ASTERX HORECA profitable?
- In financial year 2026, ASTERX HORECA made a loss of €542,367.
- Where can I find the annual accounts of ASTERX HORECA?
- ASTERX HORECA filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ASTERX HORECA due?
- ASTERX HORECA must file the annual accounts for financial year 2027 by 31-08-2027.Timeline
Next steps
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