A.S.LO PUZZO
ActiveA.S.LO PUZZO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €-4k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 1301 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency25▲+3
Growth68=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.16 in 2023), and 86.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
13.1%
Return on assets
-0.6%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1301 sector peers (2024).
NBB · sector comparisonPosition among 1301 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
31 d late
2022
27 d early
2021
34 d early
2020
19 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.86M▲ 43.7%
2020 · €1.30M
2020: €1.30M
2020 → 2021
EBIT margin
1.3%=
2020 · 1.2%
2020: 1.2%
2020 → 2021
Net result
€-4k▲ 40.3%
2023 · €-6k
2018: €22k
2019: €20k
2020: €1k
2021: €3k
2022: €18k
2023: €-6k
2018 → 2024
Working capital
€126k▲ 16.5%
2023 · €108k
2018: €26k
2019: €43k
2020: €38k
2021: €42k
2022: €81k
2023: €108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.30M-€1.86M▲ 43.7%
Equity€75k-€77k▲ 3.4%€95k▲ 23.9%€89k▼ 6.7%€85k▼ 4.3%
Operating result€16k-€24k▲ 46.8%€37k▲ 57.6%€10k▼ 72.6%€11k▲ 4.8%
Net result€1k-€3k▲ 127%€18k▲ 634%€-6k€-4k▲ 40.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 5% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €652k
Fixed assets
€30k▼ 33.5%
Current assets
€622k▼ 18.8%
Equity and liabilities €652k
Equity
€85k▼ 4.3%
Debt
€567k▼ 21.5%
The debt ratio falls from 89.0% to 86.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€27k▼
2023 · €32k
Cash flow
€12k▼
2023 · €16k
Solvency
13.1%▲
2023 · 11.0%
Current ratio
1.25▲
2023 · 1.16
Quick ratio
1.25▲
2023 · 1.16
Debt / equity
6.65▼
2023 · 8.10
ROE
-4.5%▲
2023 · -7.2%
ROA
-0.6%▲
2023 · -0.8%
Interest coverage
2.28▼
2023 · 3.47
Debt
€567k▼
2023 · €721k
Debt ≤ 1 year
€496k▼
2023 · €657k
Debt > 1 year
€28k▼
2023 · €45k
Income taxes
€3k▼
2023 · €12k
Staff costs
€402k▲
2023 · €278k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€810k€652k▼
Fixed assets21/28€45k€30k▼
Intangible fixed assets21€845€8▼
Tangible fixed assets22/27€42k€27k▼
Land and buildings22€7k€7k=
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€378€2k▲
Leasing and similar rights25€21k€10k▼
Assets under construction and advance payments27€5k€0▼
Financial fixed assets28€3k€3k=
Current assets29/58€765k€622k▼
Amounts receivable within one year40/41€649k€507k▼
Trade receivables40€509k€401k▼
Other amounts receivable41€141k€107k▼
Cash at bank and in hand54/58€113k€80k▼
Deferred charges and accrued income490/1€3k€34k▲
Equity and liabilities
Total equity and liabilities10/49€810k€652k▼
Equity10/15€89k€85k▼
Contributions10/11€20k€20k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€69k€65k▼
Amounts payable17/49€721k€567k▼
Amounts payable after more than one year17€45k€28k▼
Financial debts170/4€45k€28k▼
Amounts payable within one year42/48€657k€496k▼
Current portion of amounts payable after more than one year42€148k€17k▼
Financial debts43-€101k
Credit institutions430/8-€101k
Trade debts44€347k€220k▼
Suppliers440/4€347k€220k▼
Taxes, remuneration and social security45€39k€39k▼
Taxes450/3€9k€2k▼
Remuneration and social security454/9€30k€37k▲
Other amounts payable47/48€122k€118k▼
Accrued charges and deferred income492/3€19k€43k▲
Income statement
Code20232024
Remuneration, social security and pensions62€278k€402k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€28k€11k▼
Gross operating margin9900€338k€439k▲
Operating profit (loss)9901€10k€11k▲
Financial income75/76B€4k€22▼
Recurring financial income75€4k€22▼
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€5k€-1k▼
Income taxes67/77€12k€3k▼
Profit (loss) for the period9904€-6k€-4k▲
Profit (loss) for the period to be appropriated9905€-6k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€65k▼
Profit (loss) brought forward from the previous period14P€75k€69k▼
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€2k€0▼
To contributions691€2k€0▼
Social balance
Average headcount (FTE)90870.015.5▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼135%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Aiseau-Presles · 1 establishment unit since 2006
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.
Rue Campinaire(PL) 1926250 Aiseau-PreslesGround area
3,314 m²
Building footprint
1,199 m²
Volume, LiDAR
11,099 m³
2 parcels, Wallonia · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
A.S. LO PUZZO
since 20062.155.237.357
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52056C0077/00B008 | Wallonia | 2,832 m² | 1 · 933 m² | 15.0 m · 3 fl. |
| 52056B0150/07A000 | Wallonia | 482 m² | 1 · 266 m² | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 13,037 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2006
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.