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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ash Group from Londerzeel, company number BE0640868508, closed financial year 2025 with a result of € 1,368 after tax. For that financial year Ash Group recorded a gross margin of € 130,831 and equity of € 89,407. Compared with financial year 2024, the result moved from € -7,915 to € 1,368. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 89,407
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,368
▲ still € 7,915 loss in 2024
Profit after tax over the fiscal year.
€ 24,218
▲ 81% 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 € 43,348.
People and assets in 2025
€ 59,892
▼ 51% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,412
▼ 41% vs 2024
Of which on lease € 6,406.
Debts at end 2025
€ 393,508
▼ 5% vs 2024
€ 72,762 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 33,107
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,675
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 169,468 | € 138,670 | € 182,300 | € 130,831 | ▼ 28% |
| Profit after taxes | € 96,712 | € 11,802 | € -7,915 | € 1,368 | ▲ € 9,282 |
| Equity | € 84,152 | € 95,954 | € 88,039 | € 89,407 | ▲ 2% |
| Total debts | € 68,584 | € 50,683 | € 538,560 | € 465,268 | ▼ 14% |
| Cash | € 9,269 | € 5,196 | € 13,416 | € 24,218 | ▲ 81% |
| Land & buildings | - | - | € 448,165 | € 436,994 | ▼ 2% |
| Retained profit | € 39,152 | € 49,895 | € 41,980 | € 43,348 | ▲ 3% |
| Bank debt | € 18,934 | € 14,725 | € 414,998 | € 393,508 | ▼ 5% |
| Balance sheet total | € 152,735 | € 146,637 | € 626,599 | € 554,675 | ▼ 11% |
Key figures of Ash Group, 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 Ash Group?
What happened at Ash Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,368. filed late Source: NBB ↗
- New establishment in Londerzeel. KBO
- Start of the company according to the CBE. KBO
In short
From € 96,712 profit in 2022 to € 1,368 profit in 2025.
Paid € 19,488 in corporate taxes since 2022.
Best year ever: 2022, with € 96,712 profit.
Management
Behind Ash Group are Shala Artan and Shala Artiol.
Directors
According to the 2025 annual accounts
Shala Artan
Director
Shala Artiol
Director
Establishments
Establishment units
Physical locations of this company
Arduinstraat 28
1840 Londerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0640.868.508
- VAT number
- BE 0640.868.508
- Registered office
- Arduinstraat 28, 1840 Londerzeel
- Names & denominations
- Ash Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2015
- Peppol
- Active · Active since 3 Jul 2024
- Activities · NACE
Groothandel in sanitair
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Algemene bouw van residentiële gebouwen
Algemene elektrotechnische installatiewerken
Overige technische testen en toetsen