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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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Asago from Houthalen-Helchteren, company number BE0843234262, closed financial year 2025 with a result of € -58,706 after tax. For that financial year Asago recorded a gross margin of € -30,934 and equity of € -196,408. Compared with financial year 2024, the result moved from € 5,190 to € -58,706. 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 September 30, 2026.
€ -196,408
▼ € 58,706 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,706
▼ still € 5,190 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -196,658.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,658
▲ € 16,307 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 87,444
▲ 8% vs 2024
€ 13,637 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,450
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,045
▼ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 25,231 | € 28,314 | € -30,934 | ▼ € 59,249 |
| Profit after taxes | € 1,019 | € 5,190 | € -58,706 | ▼ € 63,896 |
| Equity | € -142,892 | € -137,702 | € -196,408 | ▼ € 58,706 |
| Total debts | € 390,927 | € 389,438 | € 477,945 | ▲ 23% |
| Cash | € 7 | € 5,038 | - | |
| Land & buildings | € 85,625 | € 78,524 | € 71,861 | ▼ 8% |
| Retained profit | € -143,142 | € -137,952 | € -196,658 | ▼ € 58,706 |
| Bank debt | € 94,007 | € 81,304 | € 87,444 | ▲ 8% |
| Balance sheet total | € 248,035 | € 251,737 | € 281,538 | ▲ 12% |
Key figures of Asago, fiscal years 2023 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 Asago?
What happened at Asago in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 58,706 (▼ € 63,896 vs 2024). filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,019 profit in 2023 to € 58,706 loss in 2025.
Paid € 1,489 in corporate taxes since 2023.
Best year ever: 2024, with € 5,190 profit.
Management
Behind Asago is Gert Bellemans. It owns 26.9% of Smak Holding itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Helzoldstraat 78
3530 Houthalen-Helchteren
Helzoldstraat 76
3530 Houthalen-Helchteren
Active since 15 January 2012
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
- 0843.234.262
- VAT number
- BE 0843.234.262
- Registered office
- Helzoldstraat 78, 3530 Houthalen-Helchteren
- Names & denominations
- Asago
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2012
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van risicoanalisten en schadetaxateurs
Activiteiten van holdings
Holdings