ACTIVE

ASFALT EN ISOLATIE SYSTEMEN

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Financial year 2025 · Closed on 31/12/2025

Net result2,9 M €-0,0 %over 1 year
Gross margin3 M €+19,5 %over 1 year
Equity38,3 M €+8,3 %over 1 year
Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

ASFALT EN ISOLATIE SYSTEMEN is a Public limited company incorporated in 1976. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Zulte. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.578.277
Incorporation
16/11/1976
Legal form
Public limited company
Registered office
Leenstraat 137
9870 Zulte · FlandreSee on map
Contributed capital
250 229,57 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin3 M €2,5 M €3,1 M €2,5 M €2,6 M €
EBITDA2,6 M €2,2 M €2,8 M €2 M €2,1 M €
Operating result2,3 M €1,8 M €2,5 M €1,7 M €1,8 M €
Net result2,9 M €2,9 M €2,8 M €1,5 M €1,3 M €
Balance sheet
Equity38,3 M €35,4 M €32,5 M €29,6 M €28,1 M €
Total assets44,7 M €41,6 M €38,8 M €36,1 M €34,8 M €
Cash2,1 M €2,7 M €1,4 M €4,6 M €5,1 M €
Debts6,3 M €6,2 M €6,3 M €6,5 M €6,7 M €
Other
Workforce3,0 ETP3,0 ETP3,0 ETP5,3 ETP6,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

Franck Tijtgat

Managing director · since 03 juin 2025 · until 08 mars 2030

Active
Inge Tijtgat

Director · since 03 juin 2025 · until 08 mars 2030

Active
Matico

Director · since 03 juin 2025 · until 08 mars 2030 · 0795.362.782

Represented by Matthias Tijtgat

Active
TITO

Director · since 03 juin 2025 · until 08 mars 2030 · 0795.362.584

Represented by Anthony Tijtgat

Active

Ended mandates

Franck Tijtgat

Managing director · since 24 juin 2024 · until 24 juin 2030

Ended
Inge Tijtgat

Director · since 24 juin 2024 · until 24 juin 2030

Ended
TITO

Director · since 24 juin 2024 · until 24 juin 2030 · 0795.362.584

Represented by Anthony TIJTGAT

Ended
Matico

Director · since 01 janvier 2023 · until 10 mars 2028 · 0795.362.782

Represented by Matthias Tijtgat

Ended

Other companies at this address

Leenstraat 137 9870 Zulte
CompanyCBE no.
IMMO-TIJTGAT● Active
0429.478.386
Tijtgat-Asphaltbedrijf● Active
0413.906.324
TITO● Active
0795.362.584

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202628/07/202525/07/202417/07/202320/07/202217/06/2021
General meeting25/06/202603/06/202524/06/202423/06/202323/06/202212/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202617/07/2026DutchPDF
Abridged model31/12/202403/06/202528/07/2025DutchPDF
Abridged model31/12/202324/06/202425/07/2024DutchPDF
Abridged model31/12/202223/06/202317/07/2023DutchPDF
Abridged model31/12/202123/06/202220/07/2022DutchPDF
Abridged model31/12/202012/03/202117/06/2021DutchPDF
Abridged model31/12/201913/03/202023/06/2020DutchPDF
Abridged model31/12/201808/03/201908/04/2019DutchPDF
Abridged model31/12/201709/03/201807/06/2018DutchPDF
Abridged model31/12/201620/04/201714/06/2017DutchPDF
Full model31/12/201501/04/201602/05/2016DutchPDF
Abridged model31/12/201413/03/201521/04/2015DutchPDF
Abridged model31/12/201314/03/201423/05/2014DutchPDF
Abridged model31/12/201208/03/201304/06/2013DutchPDF
Abridged model31/12/201109/03/201211/04/2012DutchPDF
Abridged model31/12/201002/04/201121/04/2011DutchPDF
Abridged model31/12/200912/03/201019/03/2010DutchPDF
Abridged model31/12/200803/04/200930/04/2009DutchPDF
Abridged model31/12/200714/03/200810/04/2008DutchPDF
Abridged model31/12/200609/03/200726/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

Franck Tijtgat

Managing director · since 03 juin 2025 · until 08 mars 2030

Active
Inge Tijtgat

Director · since 03 juin 2025 · until 08 mars 2030

Active
Matico

Director · since 03 juin 2025 · until 08 mars 2030 · 0795.362.782

Represented by Matthias Tijtgat

Active
TITO

Director · since 03 juin 2025 · until 08 mars 2030 · 0795.362.584

Represented by Anthony Tijtgat

Active

Ended mandates

Franck Tijtgat

Managing director · since 24 juin 2024 · until 24 juin 2030

Ended
Inge Tijtgat

Director · since 24 juin 2024 · until 24 juin 2030

Ended
TITO

Director · since 24 juin 2024 · until 24 juin 2030 · 0795.362.584

Represented by Anthony TIJTGAT

Ended
Matico

Director · since 01 janvier 2023 · until 10 mars 2028 · 0795.362.782

Represented by Matthias Tijtgat

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/07/2019
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates27/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates08/05/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,9 M €↓
  2. 2024
    Annual accounts 20242,9 M €↑
  3. 2023
    Annual accounts 20232,8 M €↑
  4. 2022
    Annual accounts 20221,5 M €↑
  5. 2021
    Annual accounts 20211,3 M €↓
  6. 2019
    Annual accounts 20194,8 M €↑
  7. 2018
    Annual accounts 20181,5 M €↑
  8. 2017
    Annual accounts 20171,3 M €↓
  9. 2016
    Annual accounts 20161,4 M €↑
  10. 2015
    Annual accounts 2015934,2 k €↑
  11. 2014
    Annual accounts 2014806,5 k €↓
  12. 2013
    Annual accounts 2013860,1 k €↑
  13. 2012
    Annual accounts 2012534,2 k €↓
  14. 2011
    Annual accounts 20111,3 M €↓
  15. 2010
    Annual accounts 20101,7 M €↑
  16. 2009
    Annual accounts 2009429,6 k €↑
  17. 2008
    Annual accounts 2008358,8 k €↑
  18. 2007
    Annual accounts 2007295,2 k €
  19. 16/11/1976
    IncorporationPublic limited company