ASTER
ActiveSummary
ASTER has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €225k and a net result of €16k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 411 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▼-18
Solvency78▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.39 in 2023; short-term debt: 43.5% and cash: 15.5% of total assets), and 46.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Forestry and logging (NACE 02)
about 55% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
1 d early
2022
31 d late
2021
27 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€225k▲ 7.0%
2023 · €210k
2018: €64klowest in 7 years
2019: €75k▲ +17.3% vs 2018
2020: €104k▲ +37.3% vs 2019
2021: €142k▲ +37.5% vs 2020
2022: €184k▲ +29.3% vs 2021
2023: €210k▲ +14.3% vs 2022
2024: €225k▲ +7.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€422k▲ 2.1%
2023 · €413k
2018: €361k
2019: €350k▼ -3.2% vs 2018lowest in 7 years
2020: €371k▲ +6.0% vs 2019
2021: €399k▲ +7.7% vs 2020
2022: €400k▲ +0.2% vs 2021
2023: €413k▲ +3.4% vs 2022
2024: €422k▲ +2.1% vs 2023highest in 7 years
2018 → 2024
Net result
€16k▼ 41.0%
2023 · €28k
2018: €6klowest in 7 years
2019: €13k▲ +119% vs 2018
2020: €30k▲ +133% vs 2019
2021: €40k▲ +36.2% vs 2020
2022: €43k▲ +7.2% vs 2021highest in 7 years
2023: €28k▼ -35.5% vs 2022
2024: €16k▼ -41.0% vs 2023
2018 → 2024
Working capital
€-77k▲ 34.4%
2023 · €-117k
2018: €-191k
2019: €-200k▼ -5.2% vs 2018
2020: €-188k▲ +6.4% vs 2019
2021: €-204k▼ -8.6% vs 2020lowest in 7 years
2022: €-154k▲ +24.5% vs 2021
2023: €-117k▲ +23.6% vs 2022
2024: €-77k▲ +34.4% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€104k-€142k▲ 37.5%€184k▲ 29.3%€210k▲ 14.3%€225k▲ 7.0%
2020: €104klowest in 5 years
2021: €142k▲ +37.5% vs 2020
2022: €184k▲ +29.3% vs 2021
2023: €210k▲ +14.3% vs 2022
2024: €225k▲ +7.0% vs 2023highest in 5 years
Operating result€52k-€66k▲ 27.8%€68k▲ 3.0%€52k▼ 24.6%€40k▼ 22.2%
2020: €52k
2021: €66k▲ +27.8% vs 2020
2022: €68k▲ +3.0% vs 2021highest in 5 years
2023: €52k▼ -24.6% vs 2022
2024: €40k▼ -22.2% vs 2023lowest in 5 years
Net result€30k-€40k▲ 36.2%€43k▲ 7.2%€28k▼ 35.5%€16k▼ 41.0%
2020: €30k
2021: €40k▲ +36.2% vs 2020
2022: €43k▲ +7.2% vs 2021highest in 5 years
2023: €28k▼ -35.5% vs 2022
2024: €16k▼ -41.0% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €422k
Fixed assets
€316k ▼ 6.4%
Current assets
€107k ▲ 40.0%
Equity and liabilities €422k
Equity
€225k ▲ 7.0%
Debt
€197k ▼ 3.0%
Debt's share of the balance-sheet total falls from 49.1% to 46.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▼
2023 · €74k
Cash flow
€39k▼
2023 · €50k
Current ratio
0.58▲
2023 · 0.39
Debt to equity
0.87▼
2023 · 0.96
ROE
7.3%▼
2023 · 13.3%
ROA
3.9%▼
2023 · 6.8%
Interest coverage
3.70▼
2023 · 5.40
Debt ≤ 1 year
€184k▼
2023 · €194k
Income taxes
€7k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€413k€422k▲
Fixed assets21/28€337k€316k▼
Tangible fixed assets22/27€337k€316k▼
Land and buildings22€333k€312k▼
Plant, machinery and equipment23€401€298▼
Furniture and vehicles24€4k€4k▼
Financial fixed assets28€25€25=
Current assets29/58€76k€107k▲
Amounts receivable within one year40/41€25k€38k▲
Trade receivables40€14k€14k=
Other amounts receivable41€11k€24k▲
Cash at bank and in hand54/58€49k€65k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€413k€422k▲
Equity10/15€210k€225k▲
Contributions10/11€6k€6k=
Reserves13€204k€219k▲
Tax-exempt reserves132€4k€4k=
Distributable reserves133€200k€215k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€203k€197k▼
Amounts payable within one year42/48€194k€184k▼
Trade debts44€21k€18k▼
Suppliers440/4€21k€18k▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€166k€160k▼
Accrued charges and deferred income492/3€9k€13k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€75k€65k▼
Operating profit (loss)9901€52k€40k▼
Financial income75/76B€0€160▲
Recurring financial income75€0€160▲
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€38k€23k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€28k€16k▼
Profit (loss) for the period to be appropriated9905€28k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€16k▼
Transfer to equity691/2€26k€15k▼
To other reserves6921€26k€15k▼
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €17k | €20k | €22k | €23k | ▲ 1.8% |
| Other operating charges640/8 | - | €5k | €3k | €1k | €2k | ▲ 25.8% |
| Gross operating margin9900 | €70k | €88k | €91k | €75k | €65k | ▼ 14.1% |
| Operating profit (loss)9901 | €52k | €66k | €68k | €52k | €40k | ▼ 22.2% |
| Financial income75/76B | - | - | - | €0 | €160 | ▲ 34,707% |
| Recurring financial income75 | - | - | - | €0 | €160 | ▲ 34,707% |
| Financial charges65/66B | - | €6k | €4k | €14k | €17k | ▲ 24.3% |
| Recurring financial charges65 | €6k | €6k | €4k | €14k | €17k | ▲ 24.3% |
| Profit (loss) for the period before taxes9903 | €46k | €61k | €65k | €38k | €23k | ▼ 38.6% |
| Income taxes67/77 | €16k | €20k | €21k | €10k | €7k | ▼ 31.7% |
| Profit (loss) for the period9904 | €30k | €40k | €43k | €28k | €16k | ▼ 41.0% |
| Profit (loss) for the period to be appropriated9905 | €30k | €40k | €43k | €28k | €16k | ▼ 41.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €371k | €399k | €400k | €413k | €422k | ▲ 2.1% |
| Fixed assets21/28 | €324k | €348k | €340k | €337k | €316k | ▼ 6.4% |
| Tangible fixed assets22/27 | €324k | €348k | €340k | €337k | €316k | ▼ 6.4% |
| Land and buildings22 | - | €347k | €337k | €333k | €312k | ▼ 6.4% |
| Plant, machinery and equipment23 | - | - | €504 | €401 | €298 | ▼ 25.7% |
| Furniture and vehicles24 | - | €929 | €2k | €4k | €4k | ▼ 9.6% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €47k | €51k | €60k | €76k | €107k | ▲ 40.0% |
| Amounts receivable within one year40/41 | €14k | €14k | €12k | €25k | €38k | ▲ 54.1% |
| Trade receivables40 | - | €14k | €12k | €14k | €14k | = |
| Other amounts receivable41 | - | - | - | €11k | €24k | ▲ 125% |
| Current investments50/53 | €51 | €51 | - | - | - | - |
| Cash at bank and in hand54/58 | €32k | €36k | €46k | €49k | €65k | ▲ 34.8% |
| Deferred charges and accrued income490/1 | - | €1k | €3k | €3k | €3k | ▲ 9.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €371k | €399k | €400k | €413k | €422k | ▲ 2.1% |
| Equity10/15 | €104k | €142k | €184k | €210k | €225k | ▲ 7.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €97k | €136k | €178k | €204k | €219k | ▲ 7.3% |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | - | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | - | €131k | €174k | €200k | €215k | ▲ 7.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €267k | €257k | €216k | €203k | €197k | ▼ 3.0% |
| Amounts payable after more than one year17 | €33k | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €234k | €255k | €214k | €194k | €184k | ▼ 5.1% |
| Current portion of amounts payable after more than one year42 | - | €33k | €0 | - | - | - |
| Trade debts44 | €9k | €31k | €25k | €21k | €18k | ▼ 16.9% |
| Suppliers440/4 | - | €31k | €25k | €21k | €18k | ▼ 16.9% |
| Taxes, remuneration and social security45 | - | €23k | €21k | €6k | €6k | ▼ 1.7% |
| Taxes450/3 | - | €23k | €21k | €6k | €6k | ▼ 1.7% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €169k | €169k | €166k | €160k | ▼ 3.7% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €9k | €13k | ▲ 40.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €40k | €43k | €28k | €16k | ▼ 41.0% |
| + Depreciation and write-downs630 | €16k | €17k | €20k | €22k | €23k | ▲ 1.8% |
| Operating cash flow (approximation) | €45k | €57k | €63k | €50k | €39k | ▼ 22.0% |
| Investment in fixed assets (approximation) | - | €-40k | €-12k | €-20k | €-1k | ▲ 94.9% |
| Change in cash | - | €4k | €10k | €2k | €17k | ▲ 576% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €210k ▲14.3%
6 profitable years in a row build equity to €210k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €43k ▲7.2%
Operating result €68k, net result €43k, both a record.
31-12
Financial
Equity above €150kEq €184k ▲29.3%
5 profitable years in a row build equity to €184k.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €104k ▲37.3%
3 profitable years in a row build equity to €104k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Putte · 1 establishment unit since 1989
Ground area
2,970 m²
Building footprint
443 m²
Volume, LiDAR
2,376 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASTER BVBA
since 19892.044.047.742
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001A0578/00A000 | Flanders | 1,757 m² | 1 · 289 m² | 8.4 m · 2 fl. |
| 12001A0579/00C000 | Flanders | 1,212 m² | 1 · 154 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 1,556 companies in sector 02200 we hold annual accounts for 449. 332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-04-1989
Fiscal year end31-12
Activities, NACEBEL 2025
02200Logging
43990Other specialised construction activities
81300Landscape service activities
Contact
Phone
0475523297Putte
Scores and ratios are computed by Checked and are not a credit decision.