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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 30 April 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
ASIA SQUARE from Elsene, company number BE0736954926, closed financial year 2023 with a result of € -10,385 after tax. For that financial year ASIA SQUARE recorded a gross margin of € 652 and equity of € -48,436. Compared with financial year 2022, the result moved from € -12,524 to € -10,385. The company made a loss. 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 April 2, 2024.
€ -48,436
▼ € 10,385 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,385
▲ 17 % less loss than in 2022
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -68,436.
People and assets in 2023
€ 3,320
▼ 30% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 38,854
▼ 27% vs 2022
€ 16,230 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 34,485
▼ 2% vs 2022
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 20,891 | € -1,252 | € 652 | ▲ € 1,904 |
| Profit after taxes | € -9,629 | € -12,524 | € -10,385 | ▲ € 2,139 |
| Equity | € -25,527 | € -38,051 | € -48,436 | ▼ € 10,385 |
| Total debts | € 108,157 | € 103,409 | € 97,422 | ▼ 6% |
| Cash | € 12,692 | € 6,455 | - | |
| Retained profit | € -45,527 | € -58,051 | € -68,436 | ▼ € 10,385 |
| Bank debt | € 69,712 | € 52,901 | € 38,854 | ▼ 27% |
| Balance sheet total | € 82,630 | € 65,358 | € 48,987 | ▼ 25% |
Key figures of ASIA SQUARE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to ASIA SQUARE?
What happened at ASIA SQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 10,385. Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,629 loss in 2021 to € 10,385 loss in 2023.
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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 ASIA SQUARE are THIERRY BAUDRY and BENOIT BARY. THIERRY BAUDRY is also behind METHYS.
Directors
According to the 2023 annual accounts
BENOIT BARY
Director
Establishments
Establishment units
Physical locations of this company
de Praeterestraat 12
1050 Elsene
Chaussée des Collines 106 box 2
1300 Wavre
Active since 13 November 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →B.C.
HOEK & Co
€ 40,695 gross margin · 2025
AOI
€ 75,960 gross margin · 2025
IXO FACTO
€ 991,688 gross margin · 2025
Maxime Nyamabu
€ 5,234 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0736.954.926
- VAT number
- BE 0736.954.926
- Registered office
- de Praeterestraat 12, 1050 Elsene
- Names & denominations
- ASIA SQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2019
- Peppol
- Not registered