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 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
ASORECO from Nazareth-De Pinte, company number BE0822654525, closed financial year 2026 with a result of € -89,004 after tax. For that financial year ASORECO recorded a gross margin of € 223,849 and equity of € 95,441. Compared with financial year 2025, the result moved from € -97,863 to € -89,004. The company made a loss. The buffer shrank hard: equity is 62 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2026.
€ 95,441
▼ 62% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -89,004
▲ 9 % less loss than in 2025
Profit after tax over the fiscal year.
€ 28,602
▲ 4% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -113,479.
People and assets in 2026
€ 132,852
▼ 34% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,537
▼ 16% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 160,320
▼ 5% vs 2025
Loans from banks and other lenders, long and short.
€ 120,569
▲ 34% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 28,631
▲ 4% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 515,177 | € 293,443 | € 332,757 | € 223,849 | ▼ 33% |
| Profit after taxes | € 56,332 | € -100,768 | € -97,863 | € -89,004 | ▲ € 8,859 |
| Equity | € 488,130 | € 333,869 | € 252,020 | € 95,441 | ▼ 62% |
| Total debts | € 589,710 | € 533,767 | € 466,809 | € 428,876 | ▼ 8% |
| Cash | € 65,208 | € 33,645 | € 27,562 | € 28,602 | ▲ 4% |
| Land & buildings | € 576 | - | - | - | |
| Retained profit | € 174,156 | € 73,388 | € -24,475 | € -113,479 | ▼ € 89,004 |
| Bank debt | € 196,301 | € 185,310 | € 169,427 | € 160,320 | ▼ 5% |
| Balance sheet total | € 1,077,841 | € 867,636 | € 718,829 | € 524,317 | ▼ 27% |
| Employees (FTE) | 4.4 | 2.8 | - | - |
Key figures of ASORECO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to ASORECO?
What happened at ASORECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Moxie Consultancy BV stepped down as director. NBB
- Anthony Impens stepped down as director. NBB
- Tim Schokkaert stepped down as director. NBB
- Luc Feyaerts BV stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 89,004. Source: NBB ↗
- Moxie Consultancy BV became a director. NBB
- Anthony Impens became a director. NBB
- Tim Schokkaert became a director. NBB
In short
From € 56,332 profit in 2023 to € 89,004 loss in 2026.
Paid € 1,568 in corporate taxes since 2023.
Best year ever: 2023, with € 56,332 profit.
On average € 104,800 of value added per employee in 2024.
Management
The stake of OCEROSA, Moxie Consultancy comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASORECOThe shares are held by OCEROSA (94.7%) and Moxie Consultancy (5.3%).
Directors
According to the 2026 annual accounts
Director · represented by Jelle Stuyvaert
since 2023 · until 2029
Anthony Impens
Director
since 2023 · until 2029
since 2023 · until 2029
Shareholders
94.7%
5.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sluis 2B box 1
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0822.654.525
- VAT number
- BE 0822.654.525
- Registered office
- Sluis 2B bus 1, 9810 Nazareth-De Pinte
- Names & denominations
- ASORECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2010
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- +3292791260
- Activities · NACE
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