ACTIVE

A.S.E.-Brecht

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Financial year 2025 · closed on 31/12/2025

Net result

144 k €

+131.6% YoY

Gross margin

341,6 k €

+43.7% YoY

Equity

3,8 M €

+515.5% YoY

What does A.S.E.-Brecht do?

A.S.E.-Brecht is a Private limited company incorporated in 1974. Its main activity is: Manufacture of flat glass. Its registered office is in Brecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.444.970

Incorporation

01/07/1974

Legal form

Private limited company

Registered office

Veldstraat 22
2960 Brecht · FlandreSee on map

Contributed capital

20 512,01 €

Latest accounts

31/12/2025

Activities (NACE)

23110Manufacture of flat glass· main 23110Manufacture of flat glass 26110Manufacture of electronic components

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	341,6 k €	+43.7%	237,7 k €	-1.3%	240,8 k €	-15.2%	283,9 k €	+33.2%	213,1 k €	-5.3%	225,1 k €	+27.4%	176,6 k €	-19.2%	218,6 k €	+25.2%	174,6 k €	-4.8%	183,3 k €	-22.9%	237,9 k €	-14.1%	277 k €	+12.8%	245,5 k €	-1.0%	248,1 k €	+28.5%	193 k €	+6.5%	181,3 k €	+43.0%	126,8 k €	-2.6%	130,1 k €	+16.3%	111,9 k €	+80.7%	61,9 k €
EBITDA	327,9 k €	+46.1%	224,3 k €	-1.6%	228,1 k €	-16.1%	272 k €	+35.0%	201,5 k €	-5.7%	213,7 k €	+22.4%	174,6 k €	-14.0%	203,1 k €	+23.5%	164,5 k €	-5.1%	173,3 k €	-23.9%	227,7 k €	-14.6%	266,6 k €	+15.0%	231,9 k €	+7.0%	216,7 k €	+37.8%	157,3 k €	+26.4%	124,4 k €	+50.4%	82,7 k €	-6.1%	88,1 k €	+9.6%	80,3 k €	+157%	31,3 k €
Operating result	210,9 k €	+114%	98,7 k €	-10.0%	109,7 k €	-31.9%	161 k €	+103%	79,3 k €	+58.7%	50 k €	+304%	12,4 k €	-69.6%	40,8 k €	+1310%	2,9 k €	-28.3%	4 k €	-88.8%	36,1 k €	-58.2%	86,2 k €	+377%	18,1 k €	-77.2%	79,4 k €	+305%	19,6 k €	-82.1%	109,4 k €	+114%	51,1 k €	-28.5%	71,5 k €	+1.1%	70,7 k €	+221%	22 k €
Net result	144 k €	+132%	62,2 k €	-6.8%	66,7 k €	-30.9%	96,5 k €	+120%	43,9 k €	+80.8%	24,3 k €	+286%	-13 k €	-199%	13,2 k €	+145%	-29,4 k €	+8.0%	-31,9 k €	-147%	67,9 k €	+379%	14,2 k €	+125%	-55,8 k €	-1441%	4,2 k €	+177%	-5,4 k €	-107%	72,6 k €	+110%	34,6 k €	-28.2%	48,2 k €	+5.0%	45,9 k €	+188%	16 k €
Balance sheet
Equity	3,8 M €	+515%	610,1 k €	+11.3%	547,9 k €	+13.9%	481,2 k €	+25.1%	384,8 k €	+12.9%	340,9 k €	+7.7%	316,7 k €	-4.0%	329,7 k €	+4.2%	316,5 k €	-74.6%	1,2 M €	-2.5%	1,3 M €	+5.6%	1,2 M €	+1.2%	1,2 M €	+166%	449,7 k €	+30.1%	345,5 k €	-1.5%	350,9 k €	+26.1%	278,3 k €	+14.2%	243,7 k €	+24.7%	195,5 k €	+30.7%	149,6 k €
Total assets	3,9 M €	+317%	945,3 k €	-12.1%	1,1 M €	-13.7%	1,2 M €	-1.8%	1,3 M €	-8.3%	1,4 M €	-5.6%	1,5 M €	-13.2%	1,7 M €	-18.0%	2,1 M €	-6.7%	2,2 M €	-6.9%	2,4 M €	-16.2%	2,8 M €	-6.2%	3 M €	+48.8%	2 M €	-7.1%	2,2 M €	+218%	686,6 k €	+10.5%	621,1 k €	+58.8%	391,2 k €	+45.1%	269,6 k €	+4.0%	259,2 k €
Cash	143,8 k €	+446%	26,4 k €	-12.3%	30,1 k €	-5.5%	31,8 k €	-63.1%	86,3 k €	+13.1%	76,3 k €	+80.2%	42,3 k €	-63.2%	114,9 k €	-70.8%	393,1 k €	-1.6%	399,3 k €	-0.2%	400,2 k €	+562%	60,4 k €	-18.1%	73,8 k €	+157%	28,7 k €	-70.2%	96,3 k €	+399%	19,3 k €	-27.4%	26,6 k €	-37.8%	42,7 k €	+62.0%	26,4 k €	-33.8%	39,8 k €
Debts	183,9 k €	-45.1%	335,2 k €	-36.5%	527,9 k €	-30.9%	764,1 k €	-13.5%	883,5 k €	-15.2%	1 M €	-9.4%	1,1 M €	-15.5%	1,4 M €	-22.1%	1,7 M €	+81.3%	962,4 k €	-12.0%	1,1 M €	-32.4%	1,6 M €	-11.3%	1,8 M €	+15.9%	1,6 M €	-14.2%	1,8 M €	+447%	335,7 k €	-2.1%	342,8 k €	+132%	147,5 k €	+98.9%	74,1 k €	-32.4%	109,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	+42.9%	0,7 ETP	+133%	0,3 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Jan Wulleman

Director · since 02 novembre 2011

Active

Greetje Van Hoof

Director · since 31 mars 2005

Active

Ended mandates

GREET VAN HOOF

Director · since 23 novembre 2023

Ended

Jan Wulleman

Director · since 23 novembre 2023

Ended

Jan Wulleman

Manager · since 02 novembre 2011

Ended

GREET VAN HOOF

Director · since 31 mars 2005

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	14/08/2026	19/06/2025	12/07/2024	23/06/2023	29/06/2022	17/06/2021
General meeting	29/05/2026	30/05/2025	30/05/2024	30/05/2023	30/05/2022	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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	14/08/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	19/06/2025	Dutch	PDF
Micro model	31/12/2023	30/05/2024	12/07/2024	Dutch	PDF
Micro model	31/12/2022	30/05/2023	23/06/2023	Dutch	PDF
Micro model	31/12/2021	30/05/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	30/05/2020	24/06/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	03/06/2019	Dutch	PDF
Micro model	31/12/2017	30/05/2018	08/06/2018	Dutch	PDF
Micro model	31/12/2016	30/05/2017	31/05/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/05/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 6 ended

Active mandates

Jan Wulleman

Director · since 02 novembre 2011

Active

Greetje Van Hoof

Director · since 31 mars 2005

Active

Ended mandates

GREET VAN HOOF

Director · since 23 novembre 2023

Ended

Jan Wulleman

Director · since 23 novembre 2023

Ended

Jan Wulleman

Manager · since 02 novembre 2011

Ended

GREET VAN HOOF

Director · since 31 mars 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/11/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office28/08/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares17/04/2013
BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares18/04/2012
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/01/2012
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/10/2003
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR
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 2025144 k €↑
2024
Annual accounts 202462,2 k €↓
2023
Annual accounts 202366,7 k €↓
2022
Annual accounts 202296,5 k €↑
2022
Name changeA.S.E.
2021
Annual accounts 202143,9 k €↑
2020
Annual accounts 202024,3 k €↑
2019
Annual accounts 2019-13 k €↓
2018
Annual accounts 201813,2 k €↑
2017
Annual accounts 2017-29,4 k €↑
2016
Annual accounts 2016-31,9 k €↓
2015
Annual accounts 201567,9 k €↑
2014
Annual accounts 201414,2 k €↑
2013
Annual accounts 2013-55,8 k €↓
2012
Annual accounts 20124,2 k €↑
2012
Name changeA.S.E.-BRECHT
2011
Annual accounts 2011-5,4 k €↓
2010
Annual accounts 201072,6 k €↑
2009
Annual accounts 200934,6 k €↓
2008
Annual accounts 200848,2 k €↑
2007
Annual accounts 200745,9 k €↑
2006
Annual accounts 200616 k €
2006
Name changeVAN HOOF-VEILIGHEID
01/07/1974
IncorporationPrivate 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

A.S.E.-Brecht

Overview

What does A.S.E.-Brecht do?

Trend over 20 financial years

Indicative valuation

Board of directors

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