A.S.R.T.
A.S.R.T. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €56k. Equity is growing by ~154% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
| Equity | €76k |
| Net result | €56k |
| Active | 24 yrs |
| Board | 2 |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | €66k |
| Net profit | €56k |
| Cash flow | €61k |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €83k |
| Equity | €76k |
| Debt | €7k |
| of which ≤ 1y | €7k |
| of which > 1y | - |
| Working capital | €37k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 6.31 |
| Quick ratio | 6.31 |
| Working capital ratio | 44.1% |
| Solvency | 91.7% |
| Debt / equity | 0.09 |
| Long-term debt ratio | - |
| Interest coverage | 876.10 |
| Gross margin | - |
| Net margin | - |
| ROA | 67.0% |
| ROE | 73.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €83k |
| Fixed assets | 21/28 | €40k |
| Tangible fixed assets | 22/27 | €40k |
| Current assets | 29/58 | €43k |
| Amounts receivable within one year | 40/41 | €41k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €83k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €7k |
| Amounts payable within one year | 42/48 | €7k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €74k |
| Operating result | 9901 | €60k |
| Financial income | 75 | €779 |
| Financial charges | 65 | €75 |
| Result before taxes | 9903 | €61k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €56k |
| Result to be appropriated | 9905 | €56k |
-
Catherine GODINASManaging directorState Gazette act 25123253 (30-09-2025)Current30-09-2025 → present
-
Frederik DE VULDERDirectorState Gazette act 24034734 (27-02-2024)Current27-02-2024 → present
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 19-11-2001 |
| Status | Active |
| Postal code | 1170 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0266/00W004 | Brussels | 813 m² | 1 · 282 m² | 16.0 m · 2 fl. |
| 21007A0059/00G006 | Brussels | 405 m² | 1 · 224 m² | 9.7 m · 3 fl. |
26-08-2026 NBB filing Annual accounts filed
19-11-2025 NBB filing Annual accounts filed
30-09-2025 State Gazette act Director changes
31-08-2024 NBB filing Annual accounts filed
27-02-2024 State Gazette act Director changes
28-12-2023 State Gazette act Director changes
22-12-2023 NBB filing Annual accounts filed
31-08-2022 NBB filing Annual accounts filed
31-08-2021 NBB filing Annual accounts filed
31-08-2020 NBB filing Annual accounts filed
30-08-2019 NBB filing Annual accounts filed
29-08-2018 NBB filing Annual accounts filed
31-08-2017 NBB filing Annual accounts filed
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-09-2025 Catherine GODINAS appointed as managing director
- Catherine GODINAS, Gedelegeerd bestuurder
Technical details
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}27-02-2024 Frederik DE VULDER appointed as director
- Frederik DE VULDER, Bestuurder
Technical details
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}28-12-2023 Catherine Godinas reappointed as director
- Catherine Godinas, Bestuurder
Technical details
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}| Legal name | SERVICE-MANAGEMENT-AGENCY |
| Legal nameFR | A.S.R.T. |