Asbest Care
ActiveAsbest Care has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €385k and a net result of €-3k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-36
Solvency41▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.39 in 2024; short-term debt: 59.1% and cash: 6.2% of total assets), but 84.2% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 230 sector peers (2025).
NBB · sector comparisonPosition among 230 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 7 filingsDeviation from the deadline
2025
18 d late
2024
51 d early
2023
8 d early
2022
31 d late
2021
3 d early
2020
26 d late
2019
119 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2024 · €128k
2019: €27k
2021: €9k
2022: €26k
2023: €38k
2024: €128k
2019 → 2025
Working capital
€786k▲ 97.2%
2024 · €399k
2019: €85k
2021: €139k
2022: €133k
2023: €319k
2024: €399k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€196k-€222k▲ 13.5%€260k▲ 16.9%€388k▲ 49.3%€385k▼ 0.8%
Operating result€108k-€15k▼ 86.5%€141k▲ 868%€206k▲ 46.7%€67k▼ 67.4%
Net result€9k-€26k▲ 188%€38k▲ 42.2%€128k▲ 241%€-3k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.44M
Fixed assets
€209k▲ 84.2%
Current assets
€2.23M▲ 56.8%
Equity and liabilities €2.44M
Equity
€385k▼ 0.8%
Debt
€2.05M▲ 79.0%
The debt ratio rises from 74.7% to 84.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€102k▼
2024 · €249k
Cash flow
€32k▼
2024 · €171k
Solvency
15.8%▼
2024 · 25.3%
Current ratio
1.55▲
2024 · 1.39
Quick ratio
1.37▲
2024 · 1.31
Debt / equity
5.33▲
2024 · 2.95
ROE
-0.8%▼
2024 · 33.0%
ROA
-0.1%▼
2024 · 8.4%
Interest coverage
1.90▼
2024 · 4.95
Debt
€2.05M▲
2024 · €1.15M
Debt ≤ 1 year
€1.44M▲
2024 · €1.02M
Debt > 1 year
€518k▲
2024 · €124k
Income taxes
€17k▼
2024 · €64k
Staff costs
€1.87M▼
2024 · €2.36M
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€1.53M€2.44M▲
Formation expenses20-€0
Fixed assets21/28€114k€209k▲
Intangible fixed assets21€979€0▼
Tangible fixed assets22/27€85k€183k▲
Plant, machinery and equipment23€54k€51k▼
Furniture and vehicles24€31k€132k▲
Financial fixed assets28€28k€27k▼
Current assets29/58€1.42M€2.23M▲
Stocks and contracts in progress3€83k€251k▲
Stocks30/36€83k€251k▲
Amounts receivable within one year40/41€910k€1.62M▲
Trade receivables40€468k€782k▲
Other amounts receivable41€442k€837k▲
Cash at bank and in hand54/58€122k€151k▲
Deferred charges and accrued income490/1€306k€206k▼
Equity and liabilities
Total equity and liabilities10/49€1.53M€2.44M▲
Equity10/15€388k€385k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€288k€285k▼
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€278k€275k▼
Amounts payable17/49€1.15M€2.05M▲
Amounts payable after more than one year17€124k€518k▲
Financial debts170/4€124k€518k▲
Amounts payable within one year42/48€1.02M€1.44M▲
Current portion of amounts payable after more than one year42€299k€56k▼
Financial debts43€49k€61k▲
Credit institutions430/8-€61k
Other loans439€49k-
Trade debts44€234k€579k▲
Suppliers440/4€234k€579k▲
Taxes, remuneration and social security45€439k€505k▲
Taxes450/3€92k€89k▼
Remuneration and social security454/9€346k€416k▲
Other amounts payable47/48-€240k
Accrued charges and deferred income492/3-€93k
Income statement
Code20242025
Remuneration, social security and pensions62€2.36M€1.87M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€35k▼
Other operating charges640/8€15k€24k▲
Gross operating margin9900€2.63M€2.00M▼
Operating profit (loss)9901€206k€67k▼
Financial income75/76B€36k€452▼
Recurring financial income75€36k€452▼
Financial charges65/66B€50k€54k▲
Recurring financial charges65€50k€54k▲
Profit (loss) for the period before taxes9903€192k€14k▼
Income taxes67/77€64k€17k▼
Profit (loss) for the period9904€128k€-3k▼
Profit (loss) for the period to be appropriated9905€128k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€-3k▼
Transfer from equity791/2-€3k
Transfer to equity691/2€128k-
To other reserves6921€128k-
Social balance
Average headcount (FTE)908738.227.8▼
The notes to these accounts (12 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €-3k ▼102%
Net result drops to €-3k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €128k ▲241%
Operating result €206k, net result €128k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €200kEq €222k ▲13.5%
3 profitable years in a row build equity to €222k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €196k ▲54.1%
2 profitable years in a row build equity to €196k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beringen · 1 establishment unit since 2018
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.
Buntjesstraat 393583 BeringenGround area
7,837 m²
Building footprint
1,140 m²
Volume, LiDAR
7,764 m³
Parcel 71049B1450/00C011, Flanders · tallest building 21.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASBEST CARE
since 20182.275.156.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1450/00C011 | Flanders | 7,837 m² | 1 · 1,140 m² | 21.1 m · 2 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 · 4 entries · 3,838 EUR awarded · 3,237 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,718 EUR | 1,156 EUR |
| 2024 | 1 | 244 EUR | 205 EUR |
| 2023 | 1 | 706 EUR | 706 EUR |
| 2022 | 1 | 1,170 EUR | 1,170 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryAsbest Care NV43248
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Of 9 companies in sector 38230 we hold annual accounts for 7. 4 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-03-2018
Fiscal year end31-12
Activities, NACEBEL
38221Waste collection, recovery and disposal activities
38230Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
43120Site preparation
43240Other construction installation
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.