Result
€8,548 ▼ 97.0%
The result fell in 2025: merger with ASA TENNIS.
ASA TP
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €405,390 (2024)
€30,376▼ 92.5%
lowest -€20,166 (2012)
€8,548▼ 97.0%
peak €309,357 (2025)
€309,357▲ 2.8%
€49,820▲ 14.8%
Board7 names since 2022
4 directorsBruno Delvaux and 3 others
Documentsfilings and deeds
10-08-202610 days late
2025micro format
Gross margin from €405,390 to €30,376Result from €280,809 to €8,548Resignation: Thierry QUENNERY (director) 07-05Registered office moved to Antheit 07-015 directors appointed, 2 resignations 02-01Cash from €16,121 to €1,046
Key points
from the 2025 annual accountsInvestments
€17,000 1.8 × depreciation
Green is investment, beige is depreciation.
Filings
33 annual accounts since 1993
Ten of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
Checked score
67
Healthy
Financially stronger than 58% of micro companies in sports and recreation (NACE 93)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 1.9%▲ +1.1 percentage points vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 1.9%● unchanged vs 04-2025
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 2.3%▲ +0.4 percentage points vs 07-2025
09-2025: 2.8%▲ +0.5 percentage points vs 08-2025highest value
10-2025: 0.8%▼ -2.0 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026lowest value
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.2 percentage points vs 07-2026
09-2026: 1.1%▲ +0.1 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 0.56, cash €1,046, halved
Last filed accounts filed 10 days late; 1 of the last 3 accounts late
Profit of €8,548 (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 80% of them on solvency, 51% on liquidity, 52% on profitability and 49% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as ASA TP has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ASA TP itself is higher: 1.1% within 12 months. It rests on far more data about ASA TP than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,041 companies, not a prediction for ASA TP. 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
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.56 (0.47 in 2024), below 1. Short-term debt is 9.5% and cash 0.2% of total assets. 30.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €309,357
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
10 days late
2024
56 days late
2023
28 days late
2022
29 days late
2021
31 days late
2020
60 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Bruno DELVAUX 50 sharesdeed of 07-05-2025
- Thierry QUENNERY 50 sharesdeed of 07-05-2025
- Louis BOSTON 50 sharesdeed of 07-05-2025
Shares in 1 company, ASA TENNIS
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449659930
Resignation: Thierry QUENNERY (director)
Bruno DELVAUX holds 50 shares · Thierry QUENNERY holds 50 shares · Louis BOSTON holds 50 shares · General meeting of 09-04-2025 · Gazette deed
Registered office moved to Antheit
New registered office: Rue Victor Heine 9/1, 4520 Antheit · Previous registered office: Avenue Albert 1er à Huy · Board meeting of 05-12-2024 · Gazette deed
5 directors appointed, 2 resignations
Resignations: Dominique Respen and Jean-Louis Roiseux · Appointments: Louis Botson, Thierry Quennery, Bruno Delvaux, Yves Chasseur and Damien Boca · SRL BYLT24 holds all the shares · General meeting of 28-11-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ASA TP Wanze | €447,550 | €30,376 | 69.1% | - |
| CHENEE-TENNIS-SQUASH Liège | €489,917 | €36,240 | 54.4% | - |
| BL BOAT CHARTERING Knokke-Heist | €424,143 | €34,374 | 22.4% | 0 |
| 't OUD MOLENHOF Izegem | €359,391 | €27,536 | 47.5% | - |
| DE VIJVERS Waasmunster | €488,801 | €25,863 | 51.0% | - |
| CENTRE PILOTE NATURE ET TOURISME Huy | €370,562 | €37,369 | 10.2% | - |
| CENTRE EQUESTRE DE HESBAYE Braives | €305,949 | €49,629 | 52.2% | - |
These companies have the same main activity as ASA TP: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €306,000 and €490,000, founded between 1986 and 1996.
Official details
Source: KBO- Status
- Active since 30-03-1993Normal situation
- Activity
- Operation of sports facilitiesNACE 93110
- Establishment unit
- 2.061.715.6974500 Huy, since 14-04-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 18-01-2026
Insights on ASA TP
ASA TP files the micro format. That format states no turnover. The gross margin fell from €74,037 in 2006 to €30,376 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
In 2025, three directors stepped down.
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 ASA TP
- What is the company number of ASA TP?
- The company number of ASA TP is 0449.659.930. The VAT number is the same number with BE in front: BE 0449.659.930.
- Where is ASA TP based?
- The registered office is at Rue Victor Heine 9, 4520 Wanze.Company details
- What does ASA TP do?
- According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
- What is the legal form of ASA TP?
- ASA TP is a private limited company (BV).
- When was ASA TP founded?
- ASA TP was founded on 30-03-1993.
- Is ASA TP still active?
- Yes, ASA TP is an active enterprise in the KBO register.
- What is the turnover of ASA TP?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €30,376 and 2,934 comparable companies of the same size. It probably lies between €73,000 and €220,000. It is a rough estimate.Financials
- Is ASA TP profitable?
- In financial year 2025, ASA TP made a profit of €8,548.
- Where can I find the annual accounts of ASA TP?
- ASA TP filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ASA TP due?
- ASA TP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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