Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ASM SCHILDERWERKEN from Alken, company number BE0430947343, closed financial year 2025 with a result of € 1,909 after tax. For that financial year ASM SCHILDERWERKEN recorded a gross margin of € 7,281 and equity of € -5,278. Compared with financial year 2024, the result moved from € -11,646 to € 1,909. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ -5,278
▲ € 1,909 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,909
▲ still € 11,646 loss in 2024
Profit after tax over the fiscal year.
€ 171
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -51,278.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,762
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,377
▼ 22% vs 2024
€ 3,998 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 91
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,063 | € -6,803 | € 10,607 | € 7,281 | ▼ 31% |
| Profit after taxes | € 2,627 | € -8,027 | € -11,646 | € 1,909 | ▲ € 13,555 |
| Equity | € 12,486 | € 4,459 | € -7,187 | € -5,278 | ▲ € 1,909 |
| Total debts | € 16,345 | € 17,503 | € 31,109 | € 19,207 | ▼ 38% |
| Cash | € 3,492 | € 42 | € 1,963 | € 171 | ▼ 91% |
| Retained profit | € -33,514 | € -41,541 | € -53,187 | € -51,278 | ▲ € 1,909 |
| Bank debt | € 0 | € 0 | € 17,081 | € 13,377 | ▼ 22% |
| Balance sheet total | € 28,830 | € 21,962 | € 23,922 | € 13,929 | ▼ 42% |
Key figures of ASM SCHILDERWERKEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ASM SCHILDERWERKEN?
What happened at ASM SCHILDERWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,909. Source: NBB ↗
- Erwin Massa became a director. NBB
- New establishment in Zonhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,627 profit in 2022 to € 1,909 profit in 2025.
Best year ever: 2022, with € 2,627 profit.
Management
Behind ASM SCHILDERWERKEN is Erwin Massa.
Directors
According to the 2025 annual accounts
Erwin Massa
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Pleinstraat 146
3570 Alken
Opheldingsweg 2
3520 Zonhoven
Active since 4 May 1987
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.947.343
- VAT number
- BE 0430.947.343
- Registered office
- Pleinstraat 146, 3570 Alken
- Names & denominations
- ASM SCHILDERWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 1987
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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