Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ASVATING GROUP from Brussel, company number BE0526932803, closed financial year 2024 with a result of € 1,071 after tax. For that financial year ASVATING GROUP recorded a gross margin of € 134,011 and equity of € 78,979. Compared with financial year 2023, the result moved from € 11,045 to € 1,071. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 78,979
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,071
▼ 90% vs 2023
Profit after tax over the fiscal year.
€ 57,912
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 60,379.
People and assets in 2024
€ 100,058
▼ 2% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,576
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 187
Loans from banks and other lenders, long and short.
€ 338,681
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,453
▼ 66% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 83,085 | € 205,480 | € 135,330 | € 134,011 | ▼ 1% |
| Profit after taxes | € 41,414 | € 28,149 | € 11,045 | € 1,071 | ▼ 90% |
| Equity | € 38,714 | € 66,863 | € 77,908 | € 78,979 | ▲ 1% |
| Total debts | € 331,185 | € 338,312 | € 417,104 | € 387,321 | ▼ 7% |
| Cash | € 82,523 | € 88,914 | € 87,700 | € 57,912 | ▼ 34% |
| Retained profit | € 20,114 | € 48,263 | € 59,308 | € 60,379 | ▲ 2% |
| Bank debt | € 187 | € 187 | € 187 | € 187 | |
| Balance sheet total | € 369,898 | € 405,175 | € 495,012 | € 466,300 | ▼ 6% |
Key figures of ASVATING GROUP, 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 ASVATING GROUP?
What happened at ASVATING GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,071 (▼ 90% vs 2023). filed late Source: NBB ↗
- Yakup Gurbuz became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,414 profit in 2021 to € 1,071 profit in 2024.
Paid € 68,193 in corporate taxes since 2021.
Best year ever: 2021, with € 41,414 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
Directors
According to the 2024 annual accounts
Yakup Gurbuz
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Anspachlaan 94
1000 Brussel
Anspachlaan 104
1000 Brussel
Active since 1 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0526.932.803
- VAT number
- BE 0526.932.803
- Registered office
- Anspachlaan 94, 1000 Brussel
- Names & denominations
- ASVATING GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2013
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- [email protected] 0486037827
- Activities · NACE
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