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 2024 and 2025.
Financials
Financial year 2025
ASHG Hasselt Express from Hasselt, company number BE0684579181, closed financial year 2025 with a result of € -151,960 after tax. For that financial year ASHG Hasselt Express recorded revenue of € 2.3 million and equity of € 695,802. Compared with financial year 2024, the result moved from € -32,129 to € -151,960. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 695,802
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -151,960
▼ 373 % more loss than in 2024
Profit after tax over the fiscal year.
€ 136,107
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 277,134.
People and assets in 2025
15
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 779,072
▲ 3% vs 2024
€ 51,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 65,773
▲ 195% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 182,393
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 108,995
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,998,349 | € 2,370,764 | € 2,505,781 | € 2,292,308 | ▼ 9% |
| Profit after taxes | € 230,641 | € 195,233 | € -32,129 | € -151,960 | ▼ € 119,831 |
| Equity | € 689,349 | € 879,891 | € 847,762 | € 695,802 | ▼ 18% |
| Total debts | € 2,820,989 | € 2,875,775 | € 4,240,871 | € 4,647,400 | ▲ 10% |
| Cash | € 497,735 | € 31,627 | € 652,938 | € 136,107 | ▼ 79% |
| Land & buildings | € 1,472,461 | € 1,356,187 | € 1,265,705 | € 2,166,096 | ▲ 71% |
| Retained profit | € 265,991 | € 461,223 | € 429,094 | € 277,134 | ▼ 35% |
| Bank debt | € 2,467,705 | € 2,453,430 | € 2,808,302 | € 3,228,159 | ▲ 15% |
| Balance sheet total | € 3,512,308 | € 3,755,666 | € 5,088,633 | € 5,343,202 | ▲ 5% |
| Employees (FTE) | 15.6 | 14.4 | 16.1 | 15 | ▼ 1.1 |
Key figures of ASHG Hasselt Express, 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 ASHG Hasselt Express?
What happened at ASHG Hasselt Express in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Lewerenz stepped down as director. NBB
- Andre Guettouche stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 151,960. Source: NBB ↗
- Steven Lewerenz became a director. NBB
- Andre Guettouche became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 230,641 profit in 2022 to € 151,960 loss in 2025.
Paid € 147,158 in corporate taxes since 2022.
Best year ever: 2022, with € 230,641 profit.
Pays suppliers within 51 days on average.
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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
The shares are held by ASHG Belgium BV (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Andre Guettouche
Director
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Thonissenlaan 37
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.579.181
- VAT number
- BE 0684.579.181
- Registered office
- Thonissenlaan 37, 3500 Hasselt
- Names & denominations
- ASHG Hasselt Express
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2017
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Hotels en dergelijke accommodatie