ACTIVE

ASE METALS

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Financial year 2025 · closed on 31/12/2025

Net result

1,8 M €

-44.4% YoY

Revenue

180,6 M €

+20.9% YoY

Equity

12,9 M €

+6.5% YoY

Workforce

15,7 ETP

+25.6% YoY

What does ASE METALS do?

ASE METALS is a Public limited company incorporated in 1969. Its main activity is: Wholesale of metals and metal ores. Its registered office is in Antwerpen. It employs on average 15,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.940.338

Incorporation

30/12/1969

Legal form

Public limited company

Registered office

Molenbergstraat 10 box 26
2000 Antwerpen · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

15,7 ETP

Activities (NACE)

46720Wholesale of metals and metal ores· main 46820Wholesale trade, except of motor vehicles and motorcycles 51520Air transport

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	180,6 M €	+20.9%	149,4 M €	+22.8%	121,7 M €	+9.0%	111,7 M €	-16.2%	133,3 M €	+48.5%	89,8 M €	+19.4%	75,2 M €	+6.0%	71 M €	+51.3%	46,9 M €	+9.9%	42,7 M €	-21.3%	54,3 M €	-7.9%	58,9 M €	+39.3%	42,3 M €	-3.0%	43,6 M €	-20.3%	54,7 M €	-37.4%	87,4 M €	-1.6%	88,8 M €
EBITDA	7,1 M €	+7.0%	6,6 M €	+37.4%	4,8 M €	+25.0%	3,9 M €	+3.6%	3,7 M €	+33.3%	2,8 M €	+83.5%	1,5 M €	-26.5%	2,1 M €	+36.4%	1,5 M €	+4.4%	1,5 M €	-31.8%	2,1 M €	+31.9%	1,6 M €	+43.5%	1,1 M €	-7.4%	1,2 M €	+4.5%	1,2 M €	-52.5%	2,5 M €	-34.4%	3,7 M €
Operating result	6,8 M €	+5.4%	6,5 M €	+38.7%	4,7 M €	+25.2%	3,7 M €	-5.1%	3,9 M €	+44.8%	2,7 M €	+10.3%	2,5 M €	+16.8%	2,1 M €	+76.0%	1,2 M €	+24.4%	959,4 k €	-52.6%	2 M €	+41.4%	1,4 M €	+83.2%	781 k €	+10.9%	704,4 k €	-55.6%	1,6 M €	-9.7%	1,8 M €	-54.7%	3,9 M €
Net result	1,8 M €	-44.4%	3,2 M €	+68.0%	1,9 M €	-6.9%	2 M €	+10.2%	1,8 M €	-50.8%	3,7 M €	+411%	730,8 k €	-57.9%	1,7 M €	+92.1%	902,9 k €	+52.4%	592,5 k €	-58.7%	1,4 M €	+19.9%	1,2 M €	+254%	337,5 k €	-42.2%	583,5 k €	-48.3%	1,1 M €	+62.5%	694,8 k €	-71.5%	2,4 M €
Balance sheet
Equity	12,9 M €	+6.5%	12,1 M €	-4.0%	12,6 M €	+6.6%	11,8 M €	+13.7%	10,4 M €	+7.6%	9,7 M €	+34.8%	7,2 M €	+5.1%	6,8 M €	+3.7%	6,6 M €	+2.3%	6,4 M €	+10.2%	5,8 M €	+32.6%	4,4 M €	+37.3%	3,2 M €	+11.8%	2,9 M €	+25.5%	2,3 M €	-67.0%	6,9 M €	+11.2%	6,2 M €
Total assets	55,4 M €	-13.7%	64,1 M €	+8.6%	59,1 M €	+11.6%	52,9 M €	-11.6%	59,8 M €	+60.8%	37,2 M €	+20.8%	30,8 M €	-13.6%	35,7 M €	+12.8%	31,6 M €	+9.2%	29 M €	+20.8%	24 M €	-14.3%	28 M €	+66.1%	16,8 M €	-12.0%	19,1 M €	-4.1%	20 M €	-8.8%	21,9 M €	-14.9%	25,7 M €
Cash	781,7 k €	-30.3%	1,1 M €	-66.0%	3,3 M €	+48.6%	2,2 M €	+619%	309 k €	-0.1%	309,3 k €	-84.2%	2 M €	+423%	375,1 k €	-91.6%	4,5 M €	-44.9%	8,2 M €	+315%	2 M €	+1632%	113,3 k €	-62.7%	303,5 k €	-73.3%	1,1 M €	-33.2%	1,7 M €	+1201%	130,9 k €	-70.8%	448,6 k €
Debts	42,4 M €	-18.0%	51,8 M €	+11.7%	46,4 M €	+13.3%	40,9 M €	-17.1%	49,4 M €	+79.7%	27,5 M €	+16.3%	23,6 M €	-17.6%	28,7 M €	+14.7%	25 M €	+11.2%	22,5 M €	+24.8%	18 M €	-23.2%	23,4 M €	+74.3%	13,5 M €	-16.4%	16,1 M €	-8.1%	17,5 M €	+17.7%	14,9 M €	-23.3%	19,4 M €
Other
Workforce	15,7 ETP	+25.6%	12,5 ETP	+4.2%	12,0 ETP	+3.4%	11,6 ETP	-17.7%	14,1 ETP	+2.2%	13,8 ETP	-6.1%	14,7 ETP	-5.8%	15,6 ETP	+16.4%	13,4 ETP	-2.2%	13,7 ETP	+7.9%	12,7 ETP	-5.2%	13,4 ETP	+4.7%	12,8 ETP	-8.6%	14,0 ETP	-7.9%	15,2 ETP	-21.6%	19,4 ETP	-1.0%	19,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

E. Peter Komrowski

Director

Active

E. Thomas Komrowski

Managing director

Active

Robert Andries

Director

Active

Ended mandates

Robert Andries

Director · since 03 avril 2015 · until 02 avril 2021

Ended

E. P. Komrowski

Director · since 31 mai 2014 · until 03 avril 2020

Ended

E. Peter Komrowski

Director · since 31 mai 2014 · until 28 mai 2020

Ended

E. Thomas Komrowski

Managing director · since 31 mai 2014 · until 28 mai 2020

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/06/2026	31/07/2025	14/05/2024	12/06/2023	09/06/2022	30/06/2021
General meeting	13/05/2026	13/06/2025	24/04/2024	25/04/2023	25/04/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	13/05/2026	13/06/2026	Dutch	PDF
Full model	31/12/2024	13/06/2025	31/07/2025	Dutch	PDF
Full model	31/12/2023	24/04/2024	14/05/2024	Dutch	PDF
Full model	31/12/2022	25/04/2023	12/06/2023	Dutch	PDF
Full model	31/12/2021	25/04/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	31/05/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	28/05/2020	01/07/2020	Dutch	PDF
Full model	31/12/2018	03/04/2019	03/05/2019	Dutch	PDF
Full modelCorrection	31/12/2017	03/04/2018	09/08/2018	Dutch	PDF
Full model	31/12/2017	03/04/2018	24/04/2018	Dutch	PDF
Full model	31/12/2016	03/04/2017	26/04/2017	Dutch	PDF
Full model	31/12/2015	22/04/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	24/04/2015	28/04/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	25/04/2013	03/05/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	25/04/2011	17/05/2011	Dutch	PDF
Full model	31/12/2009	23/04/2010	31/05/2010	Dutch	PDF
Full model	31/12/2008	24/04/2009	26/08/2009	Dutch	PDF
Full model	31/12/2007	21/04/2008	11/07/2008	Dutch	PDF
Full model	31/12/2006	30/04/2007	07/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

E. Peter Komrowski

Director

Active

E. Thomas Komrowski

Managing director

Active

Robert Andries

Director

Active

Ended mandates

Robert Andries

Director · since 03 avril 2015 · until 02 avril 2021

Ended

E. P. Komrowski

Director · since 31 mai 2014 · until 03 avril 2020

Ended

E. Peter Komrowski

Director · since 31 mai 2014 · until 28 mai 2020

Ended

E. Thomas Komrowski

Managing director · since 31 mai 2014 · until 28 mai 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/08/2024
KAPITAAL - AANDELEN
PDF
Restructuring02/07/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Capital / shares20/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates19/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,8 M €↓
13/06/2025
reconductionMoore Audit BV — commissaris
13/06/2025
nominationBart Dauwen — vaste vertegenwoordiger
2024
Annual accounts 20243,2 M €↑
18/07/2024
augmentation_capital
18/07/2024
apport
18/07/2024
constitution
01/01/2024
splitKomrowski Verwaltungsgesellschaft mit Beschränkter Haftung GmbH
2023
Annual accounts 20231,9 M €↓
2022
Annual accounts 20222 M €↑
2021
Annual accounts 20211,8 M €↓
2020
Annual accounts 20203,7 M €↑
2019
Annual accounts 2019730,8 k €↓
2018
Annual accounts 20181,7 M €↑
2017
Annual accounts 2017902,9 k €↑
2016
Annual accounts 2016592,5 k €↓
2015
Annual accounts 20151,4 M €↑
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 2013337,5 k €↓
2012
Annual accounts 2012583,5 k €↓
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010694,8 k €↓
2009
Annual accounts 20092,4 M €
30/12/1969
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ASE METALS

Overview

What does ASE METALS do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline