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Associated Services

Active
Public limited companyfounded 1978active for 47 yearsClem. Vanophemstraat 78, 3090 Overijse, BelgiumKBO/BCE: BE 0418.846.790
Summary

Associated Services has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €66,548. Equity is growing by about 7.2% per year across the filed financial years. Its solvency ranks better than 87% of 875 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Warehousing and storage
NACE 52100
2nd largest company by equity in Overijse, Transport and storage sector1 site
Size
€1.6mtotal assets 2025
Equity
€1.3m
Profit
€66,548
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 18 days late0 of 9 deeds read
Why 94raises riskSector: Warehousing and support activities for transportation (NACE 52)Liquidity: current ratio 11.89, cash €72,633lowers riskSize: total assets €1.6mEquity €1.3m (81.4% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 52, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 81.4% of total assets
Liquidity 56+4
short-term debt 3.2% · cash 4.6%
Profitability 74-1
return on assets 4.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,291 companies, NACE 52, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity ample (current ratio 11.89, compared with 12.27 in 2024, above the usual 1.5; short-term debt: 3.2% and cash: 4.6% of total assets), and 18.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro): better than 90% on solvency, 60% on liquidity, 54% on profitability and 51% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Size: total assets €1.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 11.89, cash €72,633
NBB · annual accounts
lowers risk · Equity €1.3m (81.4% of total assets)
NBB · annual accounts
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
18 days late
2024
43 days early
2023
30 days late
2022
30 days late
2021
30 days late
2020
30 days late
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than doubledcurrent ratio 12.27

Key points

  • Positive: 2nd largest company by equity in Overijse, Transport and storage sectorin the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €66,548 8 years View
  • Active since 1978founded 24-10-1978 47 years View

By topic

Financials

Financial year
2025
Total assets
€1.6m
Profit
€66,548
Solvency
81.4%
Total assets▲ 3.1%
Net result
20182025
Go to Financials

Timeline

Events
51
Since
1980
Next accounts
by 31-07-2027
  1. 30-08-2024Annual accounts filed
  2. 30-08-2023Annual accounts filed
  3. 30-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Warehousing and storageNACE 52100
Founded
24-10-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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