VAN ASK
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 61% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 0.2 |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,396 | - | €4,894 | - |
| Other operating charges640/8 | €183 | €1,054 | €1,172 | €1,859 | ▲ 58.6% |
| Gross operating margin9900 | €4,569 | -€17,160 | €32,936 | €19,043 | ▼ 42.2% |
| Operating profit (loss)9901 | €4,386 | -€19,610 | €31,763 | €12,290 | ▼ 61.3% |
| Financial income75/76B | €95 | - | - | - | - |
| Recurring financial income75 | €95 | - | - | - | - |
| Financial charges65/66B | €38 | €991 | €929 | €765 | ▼ 17.7% |
| Recurring financial charges65 | €38 | €991 | €929 | €765 | ▼ 17.7% |
| Profit (loss) for the period before taxes9903 | €4,443 | -€20,602 | €30,834 | €11,525 | ▼ 62.6% |
| Income taxes67/77 | €1,313 | €353 | €7,356 | €5,072 | ▼ 31.1% |
| Profit (loss) for the period9904 | €3,130 | -€20,955 | €23,478 | €6,453 | ▼ 72.5% |
| Profit (loss) for the period to be appropriated9905 | €3,130 | -€20,955 | €23,478 | €6,453 | ▼ 72.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €20,227 | €10,017 | €39,403 | €65,884 | ▲ 67.2% |
| Current assets29/58 | €20,227 | €10,017 | €39,403 | €65,884 | ▲ 67.2% |
| Amounts receivable within one year40/41 | €8,976 | €7,020 | €38,273 | €57,903 | ▲ 51.3% |
| Trade receivables40 | €6,814 | €6,500 | €37,040 | €56,593 | ▲ 52.8% |
| Other amounts receivable41 | €2,162 | €520 | €1,233 | €1,310 | ▲ 6.3% |
| Cash at bank and in hand54/58 | €10,857 | €2,310 | €349 | €7,644 | ▲ 22× |
| Deferred charges and accrued income490/1 | €394 | €688 | €781 | €337 | ▼ 56.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €20,227 | €10,017 | €39,403 | €65,884 | ▲ 67.2% |
| Equity10/15 | €6,130 | -€14,825 | €8,653 | €15,106 | ▲ 74.6% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Contributions outside capital11 | €3,000 | - | - | - | - |
| Other1109/19 | €3,000 | - | - | - | - |
| Reserves13 | - | €3,130 | €3,130 | €8,130 | ▲ 160% |
| Distributable reserves133 | - | €3,130 | €3,130 | €8,130 | ▲ 160% |
| Profit (loss) carried forward14 | €3,130 | -€20,955 | €2,523 | €3,976 | ▲ 57.6% |
| Amounts payable17/49 | €14,097 | €24,843 | €30,750 | €50,778 | ▲ 65.1% |
| Amounts payable within one year42/48 | €14,097 | €24,843 | €29,908 | €50,778 | ▲ 69.8% |
| Trade debts44 | €12,784 | €333 | - | €547 | - |
| Suppliers440/4 | €12,784 | €333 | - | €547 | - |
| Taxes, remuneration and social security45 | €1,313 | €1,667 | €7,356 | €16,136 | ▲ 119% |
| Taxes450/3 | €1,313 | €1,667 | €7,356 | €5,072 | ▼ 31.1% |
| Remuneration and social security454/9 | - | - | - | €11,064 | - |
| Other amounts payable47/48 | - | €22,843 | €22,552 | €34,095 | ▲ 51.2% |
| Accrued charges and deferred income492/3 | - | - | €842 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,130 | -€20,955 | €23,478 | €6,453 | ▼ 72.5% |
| Operating cash flow (approximation) | €3,130 | -€20,955 | €23,478 | €6,453 | ▼ 72.5% |
| Change in cash | - | -€8,547 | -€1,961 | €7,295 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,976 companies had the same profile as VAN ASK has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VAN ASK itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 7,976 companies, not a prediction for VAN ASK. 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.