ASHG Antwerp Park
ActiveSummary
ASHG Antwerp Park has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.21M) and a net result of €-419k. Equity is shrinking by ~48.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 378 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth55=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.12 in 2024; short-term debt: 84.4% and cash: 36% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-88.8%
Return on assets
-30.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1.21M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
37 d early
2023
14 d early
2022
48 d early
2021
37 d early
2020
54 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.21M▼ 11.6%
2024 · €1.36M
2020: €151k
2021: €25k
2022: €1.32M
2023: €1.53M
2024: €1.36M
2020 → 2025
EBIT margin
-17.0%▲ 1.9pp
2024 · -18.9%
2020: -161.3%
2021: -1031.1%
2022: 4.5%
2023: 1.3%
2024: -18.9%
2020 → 2025
Net result
€-419k▼ 6.0%
2024 · €-395k
2018: €20k
2019: €-3k
2020: €-262k
2021: €-284k
2022: €29k
2023: €-32k
2024: €-395k
2018 → 2025
Working capital
€-621k▲ 16.1%
2024 · €-741k
2018: €12k
2019: €11k
2020: €-613k
2021: €-814k
2022: €-755k
2023: €-1.37M
2024: €-741k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€25k-€1.32M▲ 5,114%€1.53M▲ 16.2%€1.36M▼ 10.9%€1.21M▼ 11.6%
Equity€-397k-€-368k▲ 7.3%€-400k▼ 8.8%€-795k▼ 98.7%€-1.21M▼ 52.7%
Operating result€-261k-€60k€19k▼ 67.5%€-257k€-205k▲ 20.5%
Net result€-284k-€29k€-32k€-395k▼ 1,126%€-419k▼ 6.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €205k in 2025 against €257k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€835k ▼ 6.0%
Current assets
€532k ▲ 414%
Key figures and ratios
EBITDA
€-149k▼
2024 · €-144k
Cash flow
€-363k▼
2024 · €-281k
Solvency
-88.8%▼
2024 · -80.2%
Current ratio
0.46▲
2024 · 0.12
Debt to equity
-2.13▲
2024 · -2.25
ROA
-30.6%▲
2024 · -39.8%
Interest coverage
-0.70▲
2024 · -1.63
Debt
€2.58M▲
2024 · €1.79M
Debt ≤ 1 year
€1.15M▲
2024 · €844k
Debt > 1 year
€1.42M▲
2024 · €915k
Staff costs
€484k▼
2024 · €565k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 77 lines
Balance sheet
Code20242025
Assets
Total assets20/58€992k€1.37M▲
Fixed assets21/28€888k€835k▼
Intangible fixed assets21€4k€1k▼
Tangible fixed assets22/27€816k€833k▲
Land and buildings22€727k€703k▼
Plant, machinery and equipment23€87k€89k▲
Furniture and vehicles24€2k€2k▼
Assets under construction and advance payments27-€39k
Financial fixed assets28€68k€533▼
Affiliated companies280/1€67k-
Amounts receivable281€67k-
Other financial fixed assets284/8€533€533=
Amounts receivable and cash guarantees285/8€533€533=
Current assets29/58€104k€532k▲
Stocks and contracts in progress3€8k-
Stocks30/36€8k-
Raw materials and consumables30/31€3k-
Goods purchased for resale34€5k-
Amounts receivable within one year40/41€49k€34k▼
Trade receivables40€10k€3k▼
Other amounts receivable41€39k€31k▼
Cash at bank and in hand54/58€39k€492k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€992k€1.37M▲
Equity10/15€-795k€-1.21M▼
Contributions10/11€90k€90k=
Capital10€90k€90k=
Issued capital100€90k€90k=
Reserves13€43k€43k=
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-928k€-1.35M▼
Amounts payable17/49€1.79M€2.58M▲
Amounts payable after more than one year17€915k€1.42M▲
Financial debts170/4€588k€588k=
Credit institutions173€588k€588k=
Other amounts payable178/9€327k€832k▲
Amounts payable within one year42/48€844k€1.15M▲
Financial debts43€539k€1.01M▲
Other loans439€539k€1.01M▲
Trade debts44€221k€64k▼
Suppliers440/4€221k€64k▼
Advances received on contracts in progress46€14k-
Taxes, remuneration and social security45€70k€80k▲
Taxes450/3€18k€43k▲
Remuneration and social security454/9€51k€38k▼
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3€27k€8k▼
Income statement
Code20242025
Operating income70/76A€1.45M€1.32M▼
Turnover70€1.36M€1.21M▼
Other operating income74€84k€68k▼
Non-recurring operating income76A-€48k
Operating charges60/66A€1.71M€1.53M▼
Goods for resale, raw materials and consumables60€63k€71k▲
Purchases600/8€61k€63k▲
Change in stocks: decrease (increase)609€1k€8k▲
Services and other goods61€857k€763k▼
Remuneration, social security and pensions62€565k€484k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€56k▼
Other operating charges640/8€108k€108k▲
Non-recurring operating charges66A-€45k
Operating profit (loss)9901€-257k€-205k▲
Financial income75/76B€3k€9k▲
Recurring financial income75€3k€9k▲
Income from financial fixed assets750€3k€2k▼
Other financial income752/9€66€6k▲
Financial charges65/66B€140k€223k▲
Recurring financial charges65€140k€223k▲
Debt charges650€88k€214k▲
Other financial charges652/9€52k€9k▼
Profit (loss) for the period before taxes9903€-395k€-419k▼
Profit (loss) for the period9904€-395k€-419k▼
Profit (loss) for the period to be appropriated9905€-395k€-419k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-928k€-1.35M▼
Profit (loss) brought forward from the previous period14P€-533k€-928k▼
Social balance
Average headcount (FTE)908711.88.6▼
The notes to these accounts (71 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-419k
Net result drops to €-419k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-12
State Gazette act
Statutes amendmentName change2 facts ▸
State Gazette act
Statutes amendment
Name change2 facts ▸
- General meeting, 31-10-2024
- Name change, ASHG Antwerp Park
31-10
State Gazette act
Resignations: Jorrit de Jong, Patrick De Peuter and Christophe TansAppointments: Steven Lewerenz (director) and André Guettouche (director) · Director discharge · Mandate compensation13 facts ▸
State Gazette act
Resignations: Jorrit de Jong, Patrick De Peuter and Christophe Tans
Appointments: Steven Lewerenz (director) and André Guettouche (director) · Director discharge · Mandate compensation13 facts ▸
- General meeting, 30-09-2024
- Director resignation, Jorrit de Jong (director)
- Director resignation, Patrick De Peuter (director)
- Director resignation, Christophe Tans (director)
- Director discharge, Jorrit de Jong
- Director discharge, Patrick De Peuter
- Director discharge, Christophe Tans
- Director appointment, Steven Lewerenz (director)
- Director appointment, André Guettouche (director)
- Mandate compensation, Steven Lewerenz
- Mandate compensation, André Guettouche
- Power of attorney, Johan Lagae
- +1 further facts in this act
30-10
State Gazette act
Reappointment: Jorrit de Jong (director)2 facts ▸
State Gazette act
Reappointment: Jorrit de Jong (director)
2 facts ▸
- General meeting, 27-06-2024
- Director reappointment, Jorrit de Jong (director)
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-06
State Gazette act
Statutes amendmentCapital4 facts ▸
State Gazette act
Statutes amendment
Capital4 facts ▸
- General meeting, 05/06/2023
- Statutes amendment
- Statutes amendment
- Capital, €90.000
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
03-05
State Gazette act
Reappointments: Patrick De Peuter (director) and Christophe Tans (director)3 facts ▸
State Gazette act
Reappointments: Patrick De Peuter (director) and Christophe Tans (director)
3 facts ▸
- General meeting, 20-03-2023
- Director reappointment, Patrick De Peuter (director)
- Director reappointment, Christophe Tans (director)
11-01
State Gazette act
Reappointment: BDO Bedrijfsrevisoren (statutory auditor)Permanent representative: Thomas Durieux · Mandate compensation4 facts ▸
State Gazette act
Reappointment: BDO Bedrijfsrevisoren (statutory auditor)
Permanent representative: Thomas Durieux · Mandate compensation4 facts ▸
- General meeting, 26-05-2022
- Auditor reappointment, BDO Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Thomas Durieux
- Mandate compensation, BDO Bedrijfsrevisoren
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after 3 loss-making years.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
State Gazette act
Appointment: BDO Bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: Thomas Durieux3 facts ▸
State Gazette act
Appointment: BDO Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Thomas Durieux3 facts ▸
- General meeting, 30-05-2019
- Auditor appointment, BDO Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Thomas Durieux
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
12-04
State Gazette act
Resignation: Four-Leaf Investment NV (director)Appointment: Jorrit de Jong (director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Four-Leaf Investment NV (director)
Appointment: Jorrit de Jong (director) · Mandate compensation4 facts ▸
- General meeting, 20-03-2019
- Director resignation, Four-Leaf Investment NV (director)
- Director appointment, Jorrit de Jong (director)
- Mandate compensation, Jorrit de Jong
11-04
State Gazette act
MiscellaneousGeneral meeting1 fact ▸
State Gazette act
Miscellaneous
General meeting1 fact ▸
- General meeting, 20-03-2019
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
19-04
State Gazette act
Resignations: David William CLARKE, Bouke KOPPERT and Peter O'DONOGHUEAppointments: Patrick De Peuter, Four-Leaf Investment NV and Christophe Tans · Permanent representative: Maurice Selhorst · Mandate compensation9 facts ▸
State Gazette act
Resignations: David William CLARKE, Bouke KOPPERT and Peter O'DONOGHUE
Appointments: Patrick De Peuter, Four-Leaf Investment NV and Christophe Tans · Permanent representative: Maurice Selhorst · Mandate compensation9 facts ▸
- General meeting, 24-03-2017
- Director resignation, David William CLARKE (director)
- Director resignation, Bouke KOPPERT (director)
- Director resignation, Peter O'DONOGHUE (director)
- Director appointment, Patrick De Peuter (director)
- Director appointment, Four-Leaf Investment NV (director)
- Permanent representative, Maurice Selhorst
- Director appointment, Christophe Tans (director)
- Mandate compensation, CENTRAL PARK
03-02
State Gazette act
Reappointment: KPMG Bedrijfsrevisoren Burg. CVBA (B00001) (statutory auditor)Permanent representative: Dominic Rousselle · Mandate compensation4 facts ▸
State Gazette act
Reappointment: KPMG Bedrijfsrevisoren Burg. CVBA (B00001) (statutory auditor)
Permanent representative: Dominic Rousselle · Mandate compensation4 facts ▸
- General meeting, 26-05-2016
- Auditor reappointment, KPMG Bedrijfsrevisoren Burg. CVBA (B00001)
- Permanent representative, Dominic Rousselle
- Mandate compensation, KPMG Bedrijfsrevisoren Burg. CVBA (B00001)
2016
16-06
State Gazette act
Appointment: Bouke Koppert (director)Mandate compensation · Power of attorney4 facts ▸
State Gazette act
Appointment: Bouke Koppert (director)
Mandate compensation · Power of attorney4 facts ▸
- General meeting, 18-02-2016
- Director appointment, Bouke Koppert (director)
- Mandate compensation, Bouke Koppert
- Power of attorney, Sofie Schepens
2015
27-11
State Gazette act
Resignations: Patrick De Peuter (director) and Kevin Keating (director)Appointment: David William Clarke (director) · Mandate compensation5 facts ▸
State Gazette act
Resignations: Patrick De Peuter (director) and Kevin Keating (director)
Appointment: David William Clarke (director) · Mandate compensation5 facts ▸
- General meeting, 30-06-2015
- Director resignation, Patrick De Peuter (director)
- Director resignation, Kevin Keating (director)
- Director appointment, David William Clarke (director)
- Mandate compensation, David William Clarke
2013
21-10
State Gazette act
Reappointment: Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren (statutory auditor)Permanent representative: Dominic Rousselle · Mandate compensation4 facts ▸
State Gazette act
Reappointment: Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren (statutory auditor)
Permanent representative: Dominic Rousselle · Mandate compensation4 facts ▸
- General meeting
- Auditor reappointment, Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren
- Permanent representative, Dominic Rousselle
- Mandate compensation, Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren
05-02
State Gazette act
Appointment: Peter O'Donoghue (director)2 facts ▸
State Gazette act
Appointment: Peter O'Donoghue (director)
2 facts ▸
- General meeting, 19-12-2012
- Director appointment, Peter O'Donoghue (director)
2010
23-02
State Gazette act
Resignations: Peter Rory Donohoe (director) and Stephen John Loftus (director)Appointments: Patrick De Peuter (director) and James Kevin Keating (director) · Mandate compensation7 facts ▸
State Gazette act
Resignations: Peter Rory Donohoe (director) and Stephen John Loftus (director)
Appointments: Patrick De Peuter (director) and James Kevin Keating (director) · Mandate compensation7 facts ▸
- General meeting, 15-12-2009
- Director resignation, Peter Rory Donohoe (director)
- Director resignation, Stephen John Loftus (director)
- Director appointment, Patrick De Peuter (director)
- Director appointment, James Kevin Keating (director)
- Mandate compensation, Patrick De Peuter
- Mandate compensation, James Kevin Keating
2009
26-01
State Gazette act
Appointment: CVBA BDO Atrio Bedrijfsrevisoren (statutory auditor)Permanent representative: Jan Vercauteren · Power of attorney6 facts ▸
State Gazette act
Appointment: CVBA BDO Atrio Bedrijfsrevisoren (statutory auditor)
Permanent representative: Jan Vercauteren · Power of attorney6 facts ▸
- General meeting, 11-04-2008
- Auditor appointment, CVBA BDO Atrio Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Jan Vercauteren
- Power of attorney, Jacques Verhaegen
- Power of attorney, Jeroen Mues
- Power of attorney, Ad-Ministerie BVBA
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
17 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 17 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 directors, last change in 2024
André Guettouche
CurrentDirector · since 30-09-2024
Steven Lewerenz
CurrentDirector · since 30-09-2024
Jorrit de Jong
CurrentDirector · since 20-03-2019
James Kevin Keating
Not recently confirmedDirector · since 15-12-2009
30-09-2024
André Guettouche: Appointed as Director
30-09-2024
Steven Lewerenz: Appointed as Director
30-09-2024
Jorrit de Jong: Resigned as Director
30-09-2024
Christophe Tans: Resigned as Director
30-09-2024
Patrick De Peuter: Resigned as Director
Not every act has been read: a resignation may be missing here
1 of this company's 18 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1985
Ground area
546 m²
Building footprint
544 m²
Volume, LiDAR
8,089 m³
Parcel 11808H1176/00Y018, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Hotel Astoria
since 19852.026.238.443
CENTRAL PARK NV
since 19922.059.743.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1176/00Y018 | Flanders | 546 m² | 1 · 544 m² | 20.5 m · 6 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.
Statutory auditor
1 auditor| BDO BedrijfsrevisorenCurrent Statutory auditor · represented by Thomas Durieux | 26-05-2022 → present |
Show 4 earlier auditors
| BDO Bedrijfsrevisoren CVBA Statutory auditor · represented by Thomas Durieux succeeded by BDO Bedrijfsrevisoren in 2022 | 30-05-2019 → 26-05-2022 |
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES Statutory auditor · represented by Jan Vercauteren succeeded by Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren in 2013 | 01-01-2007 → 10-10-2013 |
| Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren Auditor · represented by Dominic Rousselle succeeded by KPMG Bedrijfsrevisoren Burg. CVBA (B00001) in 2016 | 10-10-2013 → 26-05-2016 |
| KPMG Bedrijfsrevisoren Burg. CVBA (B00001) Auditor · represented by Dominic Rousselle succeeded by BDO Bedrijfsrevisoren CVBA in 2019 | 26-05-2016 → 30-05-2019 |
Articles of association
Purpose
A. het uitbaten van een onderneming van horecabedrijf... B. Het uitbaten van een algemeen bedrijf van immobiliën en alle financiële operaties
Full purpose
A. het uitbaten van een onderneming van horecabedrijf... B. Het uitbaten van een algemeen bedrijf van immobiliën en alle financiële operaties...
Structure & network
Connections & network
10 connected companiesLinked via shared directors
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Capital and shareholders
Capital over the years
- 15-06-2023 Capital stated in the act · 90,000 EUR · 36 shares
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 298 EUR awarded · 298 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 298 EUR | 298 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.026.238.443
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Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 1,095 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 17 actsNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.