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Van Assche Liko

Active
Private limited companyfounded 200916 yrs activeBroekestraat 72, 9667 Horebeke, BelgiumKBO/BCE: BE 0821.728.669

Van Assche Liko has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €717k and a net result of €92k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
83 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+1
Solvency93▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.49 against 3.8 in 2024; short-term debt: 14.5% and cash: 35.3% of total assets), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025
Solvency, return and age of the figures
Solvency
68.1%
Return on assets
8.7%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
45 d early
2023
13 d early
2022
50 d early
2021
41 d early
2020
46 d early
2019
46 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
neutral · 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

Financials · fiscal year 2025, abbreviated schema

Equity
€717k▲ 14.7%
2024 · €626k
2019: €320k 2020: €323k 2021: €392k 2022: €437k 2023: €542k 2024: €626k
2019 → 2025
Total assets
€1.05M▲ 3.0%
2024 · €1.02M
2019: €560k 2020: €648k 2021: €734k 2022: €814k 2023: €851k 2024: €1.02M
2019 → 2025
Net result
€92k▲ 9.5%
2024 · €84k
2019: €25k 2020: €3k 2021: €63k 2022: €45k 2023: €105k 2024: €84k
2019 → 2025
Working capital
€535k▲ 18.9%
2024 · €449k
2019: €471k 2020: €468k 2021: €613k 2022: €650k 2023: €602k 2024: €449k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€392k-€437k▲ 11.4%€542k▲ 24.0%€626k▲ 15.5%€717k▲ 14.7%
Operating result€80k-€64k▼ 20.3%€129k▲ 103%€159k▲ 23.5%€138k▼ 13.0%
Net result€63k-€45k▼ 29.4%€105k▲ 135%€84k▼ 19.9%€92k▲ 9.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €80k€80kNet result 2021: €63k€63kOperating result 2022: €64k€64kNet result 2022: €45k€45kOperating result 2023: €129k€129kNet result 2023: €105k€105kOperating result 2024: €159k€159kNet result 2024: €84k€84kOperating result 2025: €138k€138kNet result 2025: €92k€92k20212022202320242025
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets €366k▼ 11.3%
Current assets €687k▲ 12.8%
Equity and liabilities €1.05M
Equity €717k▲ 14.7%
Provisions €94k▼ 21.1%
Debt €242k▼ 12.8%
The debt ratio falls from 27.1% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€184k
2024 · €192k
Cash flow
€137k
2024 · €117k
Solvency
68.1%
2024 · 61.2%
Current ratio
4.49
2024 · 3.80
Quick ratio
4.49
2024 · 3.80
Debt / equity
0.34
2024 · 0.44
ROE
12.8%
2024 · 13.4%
ROA
8.7%
2024 · 8.2%
Interest coverage
41.29
2024 · 54.51
Debt
€242k
2024 · €277k
Debt ≤ 1 year
€153k
2024 · €160k
Debt > 1 year
€89k
2024 · €117k
Income taxes
€43k
2024 · €72k
Staff costs
€155k
2024 · €194k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.02M€1.05M
Fixed assets21/28€413k€366k
Tangible fixed assets22/27€201k€161k
Land and buildings22€1k€1k
Plant, machinery and equipment23€1k€6k
Furniture and vehicles24€150k€113k
Other tangible fixed assets26€48k€41k
Financial fixed assets28€212k€205k
Current assets29/58€610k€687k
Amounts receivable after more than one year29€200k€200k=
Other amounts receivable291€200k€200k=
Amounts receivable within one year40/41€82k€116k
Trade receivables40€36k€94k
Other amounts receivable41€46k€22k
Cash at bank and in hand54/58€326k€372k
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.05M
Equity10/15€626k€717k
Contributions10/11€12k€12k=
Reserves13€406k€471k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€95k€95k=
Distributable reserves133€310k€375k
Profit (loss) carried forward14€207k€234k
Provisions and deferred taxes16€120k€94k
Provisions for liabilities and charges160/5€120k€94k
Environmental obligations163€120k€94k
Amounts payable17/49€277k€242k
Amounts payable after more than one year17€117k€89k
Financial debts170/4€117k€89k
Amounts payable within one year42/48€160k€153k
Current portion of amounts payable after more than one year42€27k€28k
Trade debts44€107k€96k
Suppliers440/4€107k€96k
Taxes, remuneration and social security45€26k€28k
Taxes450/3€22k€25k
Remuneration and social security454/9€4k€4k
Income statement Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€194k€155k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€46k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-26k€-25k
Other operating charges640/8€2k€2k
Gross operating margin9900€361k€315k
Operating profit (loss)9901€159k€138k
Financial income75/76B€566€1k
Recurring financial income75€566€1k
Financial charges65/66B€4k€4k
Recurring financial charges65€4k€4k
Profit (loss) for the period before taxes9903€156k€135k
Income taxes67/77€72k€43k
Profit (loss) for the period9904€84k€92k
Profit (loss) for the period to be appropriated9905€84k€92k
Appropriation of the result
Profit (loss) to be appropriated9906€272k€299k
Profit (loss) brought forward from the previous period14P€188k€207k
Transfer to equity691/2€65k€65k=
To other reserves6921€65k€65k=
Social balance
Average headcount (FTE)90873.32.0

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
27-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
17-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
18-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Highest result since 2019net €105k ▲135%
Net result €105k, the highest in the series.
30-06
Financial Equity above €500kEq €542k ▲24%
5 profitable years in a row build equity to €542k.
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
21-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
16-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Weakest financial yearnet €3k ▼89.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2019
16-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
15-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Horebeke · 1 establishment unit since 2009
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Broekestraat 729667 Horebeke
Ground area
1,168 m²
Building footprint
188 m²
Volume, LiDAR
707 m³
Parcel 45048A0927/00L000, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAN ASSCHE D. EN ZOON
Broekestraat 72, 9667 HorebekeRepair, maintenance and installation of machinery and equipment
since 20092.184.902.531
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45048A0927/00L000 Flanders 1,168 m² 1 · 188 m² 7.7 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 619 EUR awarded · 619 EUR paid
Year Entries awardedpaid
2025 1 179 EUR179 EUR
2022 1 440 EUR440 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 619 EUR · 619 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 5,588 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-12-2009
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.