ASOTEP
0433.718.375 · rovalta.com · 23/09/2026
ACTIVE
ASOTEP
Financial year 2025 · closed on 30/06/2025
Net result
3,2 M €
+64.9% YoY
Gross margin
7,1 M €
+29.2% YoY
Equity
661,2 k €
+43.5% YoY
Workforce
42,8 ETP
-1.2% YoY
Overview
What does ASOTEP do?
ASOTEP is a Public limited company incorporated in 1988. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Genk. It employs on average 42,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.718.375
Incorporation
15/03/1988
Legal form
Public limited company
Registered office
Woudstraat 3A
3600 Genk · FlandreSee on map
3600 Genk · FlandreSee on map
Contributed capital
118 755,18 €
Latest accounts
30/06/2025
Average workforce
42,8 ETP
Activities (NACE)
25210Manufacture of central heating radiators and boilers· main25300Manufacture of steam generators, except central heating hot water boilers28300Manufacture of agricultural and forestry machinery42220Construction of utility projects for electricity and telecommunications42220Construction of utility projects for electricity and telecommunications45215Maintenance and repair of motor vehicles+6
Joint committees (2)
- 111
- 209
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 7,1 M € | +29.2% | 5,5 M € | +32.1% | 4,2 M € | +8.5% | 3,8 M € | -17.9% | 4,7 M € | +12.9% | 4,1 M € | -20.1% | 5,2 M € | +9.0% | 4,7 M € | +24.0% | 3,8 M € | -23.8% | 5 M € | +23.7% | 4,1 M € | +18.5% | 3,4 M € | -0.4% | 3,4 M € | +12.1% | 3,1 M € | +5.1% | 2,9 M € | +0.4% | 2,9 M € | -10.5% | 3,2 M € | -0.2% | 3,3 M € | +11.6% | 2,9 M € |
| EBITDA | 3,9 M € | +64.0% | 2,4 M € | +105% | 1,2 M € | +21.9% | 947,3 k € | -54.3% | 2,1 M € | +22.4% | 1,7 M € | -37.4% | 2,7 M € | +36.1% | 2 M € | +30.1% | 1,5 M € | -40.8% | 2,6 M € | +40.9% | 1,8 M € | +38.9% | 1,3 M € | -10.0% | 1,5 M € | +63.6% | 894,8 k € | +22.7% | 729,5 k € | +0.3% | 727,6 k € | -22.3% | 936,8 k € | +6.8% | 877,3 k € | +61.1% | 544,4 k € |
| Operating result | 3,7 M € | +67.4% | 2,2 M € | +113% | 1 M € | +24.3% | 840 k € | -57.5% | 2 M € | +23.6% | 1,6 M € | -39.1% | 2,6 M € | +35.5% | 1,9 M € | +31.1% | 1,5 M € | -41.4% | 2,5 M € | +42.7% | 1,8 M € | +44.8% | 1,2 M € | -6.9% | 1,3 M € | +75.1% | 748,7 k € | +21.0% | 618,7 k € | +3.9% | 595,5 k € | -25.8% | 802,3 k € | +5.1% | 763,1 k € | +78.7% | 427 k € |
| Net result | 3,2 M € | +64.9% | 1,9 M € | +120% | 882,1 k € | +23.5% | 714,4 k € | -56.5% | 1,6 M € | +25.7% | 1,3 M € | -40.7% | 2,2 M € | +14.0% | 1,9 M € | +58.4% | 1,2 M € | -41.6% | 2,1 M € | +37.7% | 1,5 M € | +35.5% | 1,1 M € | -12.5% | 1,3 M € | +29.4% | 989,6 k € | +66.2% | 595,4 k € | +3.7% | 574,2 k € | -31.2% | 834,4 k € | +9.8% | 760,2 k € | +69.2% | 449,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 661,2 k € | +43.5% | 460,9 k € | -54.8% | 1 M € | -10.4% | 1,1 M € | -14.0% | 1,3 M € | +12.1% | 1,2 M € | +0.6% | 1,2 M € | +21.0% | 969,7 k € | -70.5% | 3,3 M € | +7.2% | 3,1 M € | +3.0% | 3 M € | +0.5% | 3 M € | -4.3% | 3,1 M € | +0.8% | 3,1 M € | -16.6% | 3,7 M € | +19.2% | 3,1 M € | -14.2% | 3,6 M € | +30.1% | 2,8 M € | +10.3% | 2,5 M € |
| Total assets | 6,5 M € | +2.0% | 6,4 M € | -8.0% | 6,9 M € | +3.9% | 6,7 M € | +16.8% | 5,7 M € | +11.2% | 5,2 M € | -14.8% | 6 M € | -35.8% | 9,4 M € | +28.5% | 7,3 M € | -1.0% | 7,4 M € | +12.9% | 6,6 M € | +15.4% | 5,7 M € | -10.3% | 6,3 M € | +15.4% | 5,5 M € | +20.2% | 4,6 M € | +8.9% | 4,2 M € | -4.7% | 4,4 M € | -3.6% | 4,6 M € | +24.9% | 3,7 M € |
| Cash | 3,3 M € | +45.7% | 2,2 M € | +89.1% | 1,2 M € | -2.2% | 1,2 M € | -19.4% | 1,5 M € | -39.0% | 2,5 M € | +10.7% | 2,2 M € | -66.3% | 6,6 M € | +38.7% | 4,8 M € | +15.5% | 4,1 M € | +36.3% | 3 M € | -4.2% | 3,2 M € | -7.3% | 3,4 M € | +122% | 1,5 M € | +166% | 575,1 k € | -70.3% | 1,9 M € | +40.7% | 1,4 M € | -14.1% | 1,6 M € | +9.9% | 1,5 M € |
| Debts | 5,9 M € | -1.3% | 5,9 M € | +0.1% | 5,9 M € | +6.8% | 5,6 M € | +26.0% | 4,4 M € | +10.9% | 4 M € | -18.5% | 4,9 M € | -42.3% | 8,5 M € | +109% | 4,1 M € | -6.8% | 4,3 M € | +21.0% | 3,6 M € | +31.6% | 2,7 M € | -16.0% | 3,2 M € | +33.9% | 2,4 M € | +201% | 806,3 k € | -26.9% | 1,1 M € | +39.4% | 791,4 k € | -55.9% | 1,8 M € | +57.3% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 42,8 ETP | -1.2% | 43,3 ETP | +4.3% | 41,5 ETP | -1.9% | 42,3 ETP | +2.7% | 41,2 ETP | +3.5% | 39,8 ETP | +1.3% | 39,3 ETP | -13.4% | 45,4 ETP | +8.4% | 41,9 ETP | -2.3% | 42,9 ETP | +7.2% | 40,0 ETP | +3.4% | 38,7 ETP | +8.7% | 35,6 ETP | -9.0% | 39,1 ETP | -6.5% | 41,8 ETP | +3.7% | 40,3 ETP | -2.4% | 41,3 ETP | -6.1% | 44,0 ETP | -2.7% | 45,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 12 ended
Active mandates
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
GILMASO● Active | 0456.217.130 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/01/2026 | 28/02/2025 | 26/01/2024 | 03/01/2023 | 03/02/2022 | 28/01/2021 |
| General meeting | 31/12/2025 | 21/11/2024 | 21/11/2023 | 28/11/2022 | 28/11/2021 | 28/11/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/06/2025 | 31/12/2025 | 09/01/2026 | Dutch | |
| Abridged model | 30/06/2024 | 21/11/2024 | 28/02/2025 | Dutch | |
| Abridged model | 30/06/2023 | 21/11/2023 | 26/01/2024 | Dutch | |
| Abridged model | 30/06/2022 | 28/11/2022 | 03/01/2023 | Dutch | |
| Abridged model | 30/06/2021 | 28/11/2021 | 03/02/2022 | Dutch | |
| Abridged model | 30/06/2020 | 28/11/2020 | 28/01/2021 | Dutch | |
| Abridged model | 30/06/2019 | 28/11/2019 | 28/12/2019 | Dutch | |
| Abridged model | 30/06/2018 | 28/11/2018 | 15/01/2019 | Dutch | |
| Abridged model | 30/06/2017 | 28/11/2017 | 26/12/2017 | Dutch | |
| Abridged model | 30/06/2016 | 19/12/2016 | 25/01/2017 | Dutch | |
| Abridged model | 30/06/2015 | 28/11/2015 | 06/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 18/12/2014 | 28/03/2015 | Dutch | |
| Abridged model | 30/06/2013 | 28/11/2013 | 18/02/2014 | Dutch | |
| Abridged model | 30/06/2012 | 28/11/2012 | 22/05/2013 | Dutch | |
| Abridged model | 30/06/2011 | 08/12/2011 | 15/12/2011 | Dutch | |
| Abridged model | 30/06/2010 | 28/11/2010 | 09/12/2010 | Dutch | |
| Abridged model | 30/06/2009 | 05/08/2009 | 06/08/2009 | Dutch | |
| Abridged model | 30/06/2008 | 28/11/2008 | 04/12/2008 | Dutch | |
| Abridged model | 30/06/2007 | 28/11/2007 | 06/12/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 12 ended
Active mandates
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other28/01/2025DIVERSEN
- Mandates21/08/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates31/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates09/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates30/03/2018ONTSLAGEN - BENOEMINGEN
- Mandates12/01/2012ONTSLAGEN - BENOEMINGEN
- Mandates25/08/2009ONTSLAGEN - BENOEMINGEN
- Restructuring19/08/2009RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20253,2 M €↑
- 2024Annual accounts 20241,9 M €↑
- 2023Annual accounts 2023882,1 k €↑
- 2022Annual accounts 2022714,4 k €↓
- 2021Annual accounts 20211,6 M €↑
- 2020Annual accounts 20201,3 M €↓
- 2019Annual accounts 20192,2 M €↑
- 2018Annual accounts 20181,9 M €↑
- 2017Annual accounts 20171,2 M €↓
- 2016Annual accounts 20162,1 M €↑
- 2015Annual accounts 20151,5 M €↑
- 2014Annual accounts 20141,1 M €↓
- 2013Annual accounts 20131,3 M €↑
- 2012Annual accounts 2012989,6 k €↑
- 2011Annual accounts 2011595,4 k €↑
- 2010Annual accounts 2010574,2 k €↓
- 2009Annual accounts 2009834,4 k €↑
- 2008Annual accounts 2008760,2 k €↑
- 2007Annual accounts 2007449,3 k €
- 15/03/1988IncorporationPublic limited company