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ASPILON

Active
Private limited companyfounded 20251 yr activeOktrooiplein 1, 9000 Gent, BelgiumKBO/BCE: BE 1020.265.004
Summary

ASPILON has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€14,553) and a net result of -€19,553. Its solvency ranks better than 24% of 130 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20420Retail sale of cosmetics and toilet articles NACE 47750
1 site
Size
€97,791total assets 2025
Equity
-€14,553
Loss
-€19,553
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.4%
Structure
Accounts 17 d early0 of 2 deeds read
Why 55Capped at 59: negative equity- 1 change of registered office in 24 months- Loss of €19,553 (FY 2025)+ Liquidity: current ratio 7.84, cash €73,359+ Size: total assets €97,791Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 41% of its sector peers (NACE 20, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 10
equity -14.9% of total assets
Liquidity 99
short-term debt 11.6% · cash 75.0%
Profitability 0
return on assets -20.0%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (349 companies)
Last 8 months 03-2026: 3.6% 04-2026: 3.6%● 0.0% vs 03-2026 05-2026: 3.8%▲ +4.2% vs 04-2026 06-2026: 4.1%▲ +8.8% vs 05-2026 07-2026: 4.3%▲ +5.0% vs 06-2026highest value 08-2026: 1.3%▼ -69.6% vs 07-2026lowest value 09-2026: 1.3%● 0.0% vs 08-2026lowest value 10-2026: 1.4%▲ +3.9% vs 09-2026
  • Liquidity: current ratio 7.84, cash €73,359 lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • Loss of €19,553 (FY 2025) raises the probability
  • Size: total assets €97,791 lowers the probability for this profile
No credit on open account
Liquidity ample (current ratio 7.84; short-term debt: 11.6% and cash: 75% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 20, micro). Better than this share of them on solvency 19%, liquidity 94%, profitability 10%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 7.84, cash €73,359
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Loss of €19,553 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €97,791
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 14-07-2026, 17 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
17 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€14,553 View
  • Caution: Among the weakest 20% on net resultsector median €590 · 131 companies -€19,553 View
  • Total assets 2025first fiscal year filed €97,791 View

By topic

Financials

Fiscal year
2025
Total assets
€97,791
Loss
-€19,553
Solvency
-14.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of chemicals and chemical productsNACE 20420
Founded
21-02-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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