Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ASM CONSTRUCTION from Ukkel, company number BE0476139742, closed financial year 2024 with a result of € -71,832 after tax. For that financial year ASM CONSTRUCTION recorded a gross margin of € 204,680 and equity of € 1.7 million. Compared with financial year 2023, the result moved from € -176,452 to € -71,832. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2025.
€ 1.7 million
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,832
▲ 59 % less loss than in 2023
Profit after tax over the fiscal year.
€ 559
▼ 80% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -492,739.
People and assets in 2024
€ 619
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2 million
▲ 7% vs 2023
€ 110,032 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 47,444
▼ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,741
▼ 20% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 388,753 | € 146,481 | € 194,612 | € 204,680 | ▲ 5% |
| Profit after taxes | € 984 | € -138,026 | € -176,452 | € -71,832 | ▲ € 104,620 |
| Equity | € 2,075,204 | € 1,937,178 | € 1,760,726 | € 1,688,894 | ▼ 4% |
| Total debts | € 2,264,001 | € 2,431,884 | € 2,519,456 | € 2,519,244 | |
| Cash | € 12,605 | € 5,992 | € 2,753 | € 559 | ▼ 80% |
| Land & buildings | € 3,427,639 | € 3,194,316 | € 3,103,279 | € 3,014,921 | ▼ 3% |
| Retained profit | € -106,429 | € -244,455 | € -420,907 | € -492,739 | ▼ € 71,832 |
| Bank debt | € 1,797,137 | € 1,977,021 | € 1,893,628 | € 2,018,986 | ▲ 7% |
| Balance sheet total | € 4,412,823 | € 4,440,413 | € 4,347,465 | € 4,269,934 | ▼ 2% |
Key figures of ASM CONSTRUCTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ASM CONSTRUCTION?
What happened at ASM CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 71,832. Source: NBB ↗
- New establishment in Ukkel. KBO
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 984 profit in 2021 to € 71,832 loss in 2024.
Paid € 9,027 in corporate taxes since 2021.
Best year ever: 2021, with € 984 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ASM CONSTRUCTION is Mehmed Fatmir.
Directors
According to the 2024 annual accounts
Mehmed Fatmir
Director
Establishments
Establishment units
Physical locations of this company
Vanderkinderestraat 544
1180 Ukkel
Vanderkinderestraat 532
1180 Ukkel
Active since 11 April 2002
Vanderkinderestraat 471
1180 Ukkel
Active since 1 April 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.139.742
- VAT number
- BE 0476.139.742
- Registered office
- Vanderkinderestraat 544, 1180 Ukkel
- Names & denominations
- ASM CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2001
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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