ACTIVE

ASL

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Financial year 2025 · closed on 31/12/2025

Net result

-18,1 k €

-615.6% YoY

Gross margin

37,6 k €

-19.1% YoY

Equity

264,6 k €

+36.9% YoY

What does ASL do?

ASL is a Private company with limited liability incorporated in 1987. Its main activity is: Development of building projects. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.035.318

Incorporation

31/12/1987

Legal form

Private company with limited liability

Registered office

Le Corbusierlaan 5
2050 Antwerpen · FlandreSee on map

Contributed capital

27 192,01 €

Latest accounts

31/12/2025

Activities (NACE)

41102Development of building projects· main 68122Buying and selling of own real estate 70112Activities of head offices

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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Recommended credit limit

✦ 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	37,6 k €	-19.1%	46,5 k €	-46.6%	87 k €	+12.6%	77,3 k €	+29.5%	59,7 k €	-14.4%	69,7 k €	+29.4%	53,9 k €	-21.4%	68,6 k €	+53.0%	44,8 k €	-2.6%	46 k €	-18.7%	56,6 k €	+4.0%	54,4 k €	-8.8%	59,7 k €	-12.5%	68,2 k €	-18.5%	83,6 k €	-14.9%	98,3 k €	+1.6%	96,7 k €	-0.1%	96,8 k €	+18.2%	81,9 k €	+29.9%	63 k €
EBITDA	31,2 k €	-22.5%	40,2 k €	-52.0%	83,8 k €	+12.8%	74,3 k €	+31.5%	56,5 k €	-14.1%	65,7 k €	+28.9%	51 k €	-22.5%	65,8 k €	+55.8%	42,2 k €	-2.7%	43,4 k €	-19.8%	54,1 k €	+4.8%	51,6 k €	-8.7%	56,6 k €	-13.7%	65,6 k €	+11.7%	58,7 k €	+29.8%	45,2 k €	-1.6%	46 k €	-10.2%	51,2 k €	+20.7%	42,4 k €	+83.1%	23,2 k €
Operating result	-26,1 k €	-436%	7,8 k €	-86.1%	56,1 k €	+20.8%	46,4 k €	+110%	22,1 k €	+8.3%	20,4 k €	-25.8%	27,5 k €	-23.2%	35,8 k €	+168%	13,4 k €	-11.6%	15,1 k €	-17.2%	18,3 k €	-2.0%	18,6 k €	+9.9%	16,9 k €	-43.7%	30,1 k €	+48.0%	20,3 k €	+220%	6,3 k €	-22.3%	8,2 k €	-49.5%	16,2 k €	+126%	7,2 k €	-23.0%	9,3 k €
Net result	-18,1 k €	-616%	3,5 k €	-91.1%	39,2 k €	+16.9%	33,6 k €	+853%	3,5 k €	-72.4%	12,8 k €	-29.4%	18,1 k €	-24.0%	23,8 k €	+286%	6,2 k €	-17.1%	7,4 k €	-10.2%	8,3 k €	+10.1%	7,5 k €	+113%	3,5 k €	-70.5%	12 k €	+174%	4,4 k €	+314%	-2 k €	-51.2%	-1,3 k €	-126%	5,2 k €	+1004%	-571,8 €	-106%	10 k €
Balance sheet
Equity	264,6 k €	+36.9%	193,3 k €	+1.8%	189,8 k €	+16.8%	162,6 k €	+15.3%	141 k €	+2.6%	137,5 k €	+10.2%	124,7 k €	+16.9%	106,7 k €	+14.8%	92,9 k €	+7.1%	86,7 k €	+9.4%	79,3 k €	+11.6%	71,1 k €	+11.8%	63,5 k €	+5.9%	60 k €	-0.0%	60 k €	+7.8%	55,7 k €	-3.5%	57,7 k €	-2.3%	59 k €	+9.6%	53,9 k €	-1.1%	54,5 k €
Total assets	365 k €	-1.1%	369 k €	-10.5%	412,5 k €	+23.5%	334,1 k €	+20.9%	276,5 k €	-22.9%	358,6 k €	-14.6%	419,8 k €	-2.0%	428,3 k €	+7.5%	398,6 k €	+12.0%	356 k €	+1.2%	351,9 k €	+4.8%	335,8 k €	-9.6%	371,6 k €	-16.6%	445,3 k €	+13.1%	393,7 k €	+7.7%	365,5 k €	+4.4%	350,1 k €	-0.9%	353,3 k €	-3.9%	367,6 k €	+85.4%	198,3 k €
Cash	129 k €	-35.9%	201,2 k €	-15.2%	237,1 k €	+29.0%	183,8 k €	+51.3%	121,5 k €	+71.2%	70,9 k €	-62.2%	187,5 k €	+21.5%	154,3 k €	+16.5%	132,5 k €	-21.2%	168,1 k €	+11.0%	151,4 k €	+79.9%	84,2 k €	-47.1%	159,3 k €	+81.6%	87,7 k €	-33.8%	132,6 k €	+710%	16,4 k €	-49.6%	32,5 k €	-41.8%	55,8 k €	+57.8%	35,3 k €	-58.8%	85,8 k €
Debts	65,6 k €	-61.7%	171,2 k €	-18.0%	208,7 k €	+42.5%	146,4 k €	+10.1%	133 k €	-35.3%	205,4 k €	-24.3%	271,4 k €	-7.1%	292,1 k €	+17.9%	247,7 k €	+3.3%	239,7 k €	-0.3%	240,4 k €	-2.0%	245,3 k €	-19.8%	305,9 k €	-18.5%	375,6 k €	+13.0%	332,5 k €	+15.9%	286,8 k €	-1.9%	292,4 k €	+15.4%	253,3 k €	-7.2%	272,8 k €	+173%	99,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

ROELAND BOUTELEGIER

Director · since 27 novembre 2002

Active

Ended mandates

ROLAND BOUTELEGIER

Manager · since 07 septembre 2014

Ended

ROELAND BOUTELEGIER

Managing director · since 27 novembre 2002

Ended

ROELAND BOUTELEGIER

Manager · since 27 novembre 2002

Ended

roland boutelegier

Manager · since 12 avril 1997

Ended

At this address

Other companies at this address

Company	CBE no.
9DESIGN.BE● Active	0843.102.323

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged 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	13/08/2025	22/08/2024	17/08/2023	20/07/2022	17/08/2021
General meeting	30/06/2026	24/05/2025	24/05/2024	24/06/2023	09/04/2022	21/06/2021
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	30/06/2026	14/08/2026	Dutch	PDF
Micro model	31/12/2024	24/05/2025	13/08/2025	Dutch	PDF
Micro model	31/12/2023	24/05/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	17/08/2023	Dutch	PDF
Abridged model	31/12/2021	09/04/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	17/08/2021	Dutch	PDF
Abridged model	31/12/2019	22/07/2020	28/10/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	20/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	11/04/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	21/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	16/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	13/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	10/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 5 ended

Active mandates

ROELAND BOUTELEGIER

Director · since 27 novembre 2002

Active

Ended mandates

ROLAND BOUTELEGIER

Manager · since 07 septembre 2014

Ended

ROELAND BOUTELEGIER

Managing director · since 27 novembre 2002

Ended

ROELAND BOUTELEGIER

Manager · since 27 novembre 2002

Ended

roland boutelegier

Manager · since 12 avril 1997

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring05/03/2025
FUSIE
PDF
Restructuring14/05/2024
Fusievoorstel+volmacht publicatie
PDF
Mandates07/07/2023
ONTSLAG ZAAKVOERDER
PDF
Registered office04/12/2014
VERPLAATSING MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/01/2003
ONTSLAGEN - BENOEMINGEN - BENAMING - MAATSCHAPPELIJKE ZETEL
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 2025-18,1 k €↓
2024
Annual accounts 20243,5 k €↓
2024
Name changeASL
2023
Annual accounts 202339,2 k €↑
2022
Annual accounts 202233,6 k €↑
2021
Annual accounts 20213,5 k €↓
2021
Name changeA.S.L.
2020
Annual accounts 202012,8 k €↓
2019
Annual accounts 201918,1 k €↓
2018
Annual accounts 201823,8 k €↑
2017
Annual accounts 20176,2 k €↓
2016
Annual accounts 20167,4 k €↓
2015
Annual accounts 20158,3 k €↑
2014
Annual accounts 20147,5 k €↑
2013
Annual accounts 20133,5 k €↓
2012
Annual accounts 201212 k €↑
2011
Annual accounts 20114,4 k €↑
2010
Annual accounts 2010-2 k €↓
2009
Annual accounts 2009-1,3 k €↓
2008
Annual accounts 20085,2 k €↑
2007
Annual accounts 2007-571,8 €↓
2006
Annual accounts 200610 k €
31/12/1987
IncorporationPrivate company with limited liability

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

ASL

Overview

What does ASL do?

Trend over 20 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