ACTIVE

ASCO INDUSTRIES

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Financial year 2025 · Closed on 31/12/2025

Net result

-1,9 M €

-691,7 %over 1 year

Revenue

330,2 M €

+9,7 %over 1 year

Equity

32,5 M €

-5,6 %over 1 year

Workforce

640,6 ETP

+0,0 %over 1 year

Identity

Source · BCE/KBO

ASCO INDUSTRIES is a Public limited company incorporated in 1990. Its main activity is: Manufacture of air and spacecraft and related machinery. Its registered office is in Zaventem. It employs on average 640,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0441.428.489
Incorporation: 28/09/1990
Legal form: Public limited company
Registered office: Weiveldlaan 2
1930 Zaventem · FlandreSee on map
Contributed capital: 61 812 471,74 €
Latest accounts: 31/12/2025
Average workforce: 640,6 ETP

Activities (NACE)

30300Manufacture of air and spacecraft and related machinery· main 30310Manufacture of air and spacecraft and related machinery 35300Steam and air conditioning supply

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	330,2 M €	+9.7%	301 M €	+14.1%	263,7 M €	+11.9%	235,6 M €	+38.9%	169,6 M €
EBITDA	11,2 M €	-20.8%	14,2 M €	+18.2%	12 M €	+225%	3,7 M €	+125%	-15 M €
Operating result	6,2 M €	-26.6%	8,5 M €	-24.7%	11,2 M €	+235%	-8,3 M €	+64.0%	-23,1 M €
Net result	-1,9 M €	-692%	325,6 k €	+108%	-4 M €	+76.2%	-16,9 M €	+44.6%	-30,5 M €
Balance sheet
Equity	32,5 M €	-5.6%	34,4 M €	+1.0%	34,1 M €	-10.5%	38,1 M €	-30.7%	55 M €
Total assets	230,7 M €	+8.6%	212,5 M €	+5.8%	200,8 M €	+2.0%	196,9 M €	-0.4%	197,8 M €
Cash	7,1 M €	-79.3%	34,1 M €	+8.1%	31,5 M €	-2.6%	32,4 M €	+89.5%	17,1 M €
Debts	183,1 M €	+13.4%	161,4 M €	+6.1%	152,2 M €	+6.1%	143,5 M €	+13.5%	126,4 M €
Other
Workforce	640,6 ETP	+0.0%	640,5 ETP	-0.8%	645,5 ETP	-3.2%	666,6 ETP	-6.0%	708,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 78 ended

Active mandates

Patrick Maurer

Director · since 16 février 2026 · until 21 mai 2032

Active

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 11 juin 2025 · until 16 mai 2031 · 0253.445.063

Represented by Denis Ronday

Active

Vicky Welvaert

Director · since 13 août 2024 · until 12 août 2030

Active

PRAGMATA

Director · since 01 juillet 2022 · until 19 mai 2028 · 0871.148.585

Represented by Christian Boas

Active

BREMOT

Director · since 31 mars 2022 · until 19 mai 2028 · 0469.981.034

Represented by Trudo MOTMANS

Active

Kai Arndt

Chairman of the board of directors · since 31 mars 2022 · until 21 avril 2026

Active

Michael Pistauer

Director · since 31 mars 2022 · until 16 février 2026

Active

Thomas Williams

Director · since 31 mars 2022 · until 19 mai 2028

Active

Ended mandates

Olaf Lawrenz

Managing director · since 01 septembre 2022 · until 16 septembre 2024

Ended

Olaf Lawrenz

Managing director · since 01 septembre 2022 · until 19 mai 2028

Ended

Erik van Ockenburg

Director · since 01 juin 2022 · until 24 juin 2024

Ended

Erik van Ockenburg

Director · since 01 juin 2022 · until 19 mai 2028

Ended

Other companies at this address

Weiveldlaan 2 1930 Zaventem

Company	CBE no.
ASCO FINANCE USA● Active	0534.912.339
ASCO MANAGEMENT● Active	0441.772.147
IMMOBILIERE ASCO● Active	0442.185.089
S.R.I.F.● Active	0439.623.596

Full financial information

Source · NBB

	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	03/07/2026	07/07/2025	18/06/2024	13/06/2023	12/07/2022	14/06/2021
General meeting	10/06/2026	11/06/2025	07/06/2024	19/05/2023	01/06/2022	03/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/06/2026	03/07/2026	Dutch	PDF
Full model	31/12/2024	11/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	01/06/2022	12/07/2022	Dutch	PDF
Full model	31/12/2020	03/06/2021	14/06/2021	Dutch	PDF
Full model	31/12/2019	29/04/2020	28/05/2020	Dutch	PDF
Full model	31/12/2018	17/05/2019	13/08/2019	Dutch	PDF
Full model	31/12/2017	23/05/2018	30/05/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	24/05/2016	14/06/2016	Dutch	PDF
Full model	31/12/2014	18/05/2015	17/06/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	31/05/2013	Dutch	PDF
Full model	31/12/2011	21/05/2012	01/06/2012	Dutch	PDF
Full model	31/12/2010	20/05/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	21/05/2010	22/06/2010	Dutch	PDF
Full model	31/12/2008	08/06/2009	26/06/2009	Dutch	PDF
Full model	31/12/2007	16/05/2008	12/06/2008	Dutch	PDF
Full model	31/12/2006	21/05/2007	13/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 78 ended

Active mandates

Patrick Maurer

Director · since 16 février 2026 · until 21 mai 2032

Active

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 11 juin 2025 · until 16 mai 2031 · 0253.445.063

Represented by Denis Ronday

Active

Vicky Welvaert

Director · since 13 août 2024 · until 12 août 2030

Active

PRAGMATA

Director · since 01 juillet 2022 · until 19 mai 2028 · 0871.148.585

Represented by Christian Boas

Active

BREMOT

Director · since 31 mars 2022 · until 19 mai 2028 · 0469.981.034

Represented by Trudo MOTMANS

Active

Kai Arndt

Chairman of the board of directors · since 31 mars 2022 · until 21 avril 2026

Active

Michael Pistauer

Director · since 31 mars 2022 · until 16 février 2026

Active

Thomas Williams

Director · since 31 mars 2022 · until 19 mai 2028

Active

Ended mandates

Olaf Lawrenz

Managing director · since 01 septembre 2022 · until 16 septembre 2024

Ended

Olaf Lawrenz

Managing director · since 01 septembre 2022 · until 19 mai 2028

Ended

Erik van Ockenburg

Director · since 01 juin 2022 · until 24 juin 2024

Ended

Erik van Ockenburg

Director · since 01 juin 2022 · until 19 mai 2028

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/01/2026
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2022
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-1,9 M €↓
22/12/2025
augmentation_capital
11/06/2025
nominationDe Federale Participatie- en Investeringsmaatschappij — bestuurder
2024
Annual accounts 2024325,6 k €↑
16/09/2024
nominationJérôme Morhet — dagelijks bestuurder
13/08/2024
nominationVicky Welvaert — bestuurder
07/06/2024
nominationXavier Nys — commissaris (vaste vertegenwoordiger van KPMG Bedrijfsrevisoren BV/SRL)
2023
Annual accounts 2023-4 M €↑
2022
Annual accounts 2022-16,9 M €↑
01/09/2022
nominationOlaf Lawrenz — bestuurder
06/07/2022
nominationPragmata BV — bestuurder
01/06/2022
nominationErik van Ockenburg — bestuurder
31/03/2022
nominationKai Arndt — bestuurder
31/03/2022
nominationMarkus Nolte — bestuurder
31/03/2022
nominationMichael Pistauer — bestuurder
31/03/2022
nominationThomas Williams — bestuurder
31/03/2022
nominationChristian Boas — bestuurder
2021
Annual accounts 2021-30,5 M €↑
2020
Annual accounts 2020-48,9 M €↓
2018
Annual accounts 20183,8 M €↓
2017
Annual accounts 201721,1 M €↑
2016
Annual accounts 201612,3 M €↑
2015
Annual accounts 20155,1 M €↑
2014
Annual accounts 20142,4 M €↓
2013
Annual accounts 20135,3 M €↓
2012
Annual accounts 20126,3 M €↑
2011
Annual accounts 20114,7 M €↓
2010
Annual accounts 201012,2 M €↑
2009
Annual accounts 2009-6,3 M €↓
2008
Annual accounts 200811 M €↑
2007
Annual accounts 20077,1 M €↑
2006
Annual accounts 20064,6 M €
28/09/1990
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

ASCO INDUSTRIES

Overview

Identity

Financials

Valuation

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

Timeline