ACTIVE

ASSUBAN

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Financial year 2025 · closed on 31/12/2025

Net result

18,7 k €

+753.7% YoY

Gross margin

247,4 k €

+883.7% YoY

Equity

299,2 k €

+6.7% YoY

What does ASSUBAN do?

ASSUBAN is a Private limited company incorporated in 1993. Its registered office is in Aalst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.678.043

Incorporation

23/03/1993

Legal form

Private limited company

Registered office

Vlaanderenstraat 11
9300 Aalst · FlandreSee on map

Contributed capital

1 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007		2006
Income statement
Gross margin	247,4 k €	+884%	25,1 k €	-50.8%	51,1 k €	+16.2%	44 k €	-54.5%	96,8 k €	+101%	48,2 k €	+872%	5 k €	-63.0%	13,4 k €	-68.5%	42,5 k €	+256%	-27,2 k €	-244%	18,8 k €	-90.7%	203,4 k €	-18.6%	249,7 k €	+20.6%	207,1 k €	+34.0%	154,6 k €	-15.3%	182,6 k €	+6.4%	171,6 k €
EBITDA	28,5 k €	+29.7%	22 k €	+75.8%	12,5 k €	-70.4%	42,2 k €	-28.7%	59,1 k €	+26.5%	46,7 k €	+979%	4,3 k €	-57.4%	10,2 k €	-74.0%	39 k €	+230%	-30,1 k €	-46.3%	-20,6 k €	-122%	94,8 k €	+2.7%	92,3 k €	+30.4%	70,8 k €	+30.8%	54,1 k €	-48.5%	105,1 k €	-9.2%	115,7 k €
Operating result	14,4 k €	+258%	4 k €	+171%	-5,7 k €	-138%	15 k €	-63.2%	40,7 k €	+43.4%	28,4 k €	+352%	-11,3 k €	-104%	-5,5 k €	-191%	6,1 k €	+112%	-49,1 k €	+20.7%	-61,9 k €	-224%	50 k €	-3.0%	51,6 k €	+93.8%	26,6 k €	+781%	-3,9 k €	-106%	62,3 k €	-20.9%	78,7 k €
Net result	18,7 k €	+754%	2,2 k €	+123%	-9,6 k €	-171%	-3,6 k €	-111%	33 k €	+24.3%	26,5 k €	+369%	-9,9 k €	-8.8%	-9,1 k €	-538%	2,1 k €	-93.6%	32,1 k €	+175%	-42,8 k €	-232%	32,5 k €	-15.1%	38,3 k €	+232%	11,6 k €	+190%	-12,8 k €	-121%	62,1 k €	+41.1%	44 k €
Balance sheet
Equity	299,2 k €	+6.7%	280,5 k €	+0.8%	278,3 k €	-3.3%	287,9 k €	-42.7%	502,3 k €	+10.2%	455,8 k €	+6.8%	426,9 k €	-2.1%	436,2 k €	+66.1%	262,5 k €	-3.5%	272 k €	+13.4%	239,9 k €	-21.0%	303,7 k €	+8.7%	279,3 k €	+14.8%	243,4 k €	+5.0%	231,8 k €	-5.2%	244,6 k €	+34.0%	182,6 k €
Total assets	821,7 k €	+10.1%	746,5 k €	-3.1%	770,7 k €	-18.5%	945,6 k €	-13.2%	1,1 M €	+21.0%	900,2 k €	-13.4%	1 M €	-8.6%	1,1 M €	+78.9%	635,3 k €	-1.5%	645,1 k €	-24.3%	851,8 k €	+33.7%	637,4 k €	+1.0%	631,3 k €	+18.1%	534,5 k €	-5.4%	564,8 k €	+13.5%	497,4 k €	-16.8%	598 k €
Cash	37,8 k €	+489%	6,4 k €	-66.0%	18,8 k €	-86.5%	139,2 k €	+1.5%	137,1 k €	+114%	64,1 k €	+0.2%	64 k €	-84.9%	424 k €	+25515%	1,7 k €	-94.4%	29,3 k €	+992%	2,7 k €	-97.4%	102,7 k €	+18880%	541,1 €	-98.1%	28,1 k €	+10.2%	25,5 k €	+2069%	1,2 k €	+195%	398,8 €
Debts	457,6 k €	+26.1%	362,9 k €	-6.0%	385,8 k €	-29.4%	546,6 k €	+15.2%	474,5 k €	+49.0%	318,4 k €	-33.6%	479,8 k €	-15.2%	565,8 k €	+72.8%	327,5 k €	-3.6%	339,6 k €	-44.4%	610,4 k €	+83.0%	333,6 k €	-1.5%	338,8 k €	+21.6%	278,6 k €	-16.3%	333 k €	+31.7%	252,8 k €	-39.0%	414,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,8 ETP	-71.4%	2,8 ETP	+7.7%	2,6 ETP	-7.1%	2,8 ETP	-3.4%	2,9 ETP	+3.6%	2,8 ETP	+47.4%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

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

Active mandates

Guy Frans M Boel

Director · since 14 décembre 2021

Active

Steven Clement A Boel

Director · since 14 décembre 2021

Active

Ended mandates

Steven Boel

Director · since 01 novembre 2013

Ended

Steven Boel

Administrator - manager · since 01 novembre 2013

Ended

Steven Boel

Manager · since 01 novembre 2013

Ended

Steven Clement A Boel

Manager · since 01 novembre 2013

Ended

At this address

Other companies at this address

Company	CBE no.
ASSUBAN INVEST● Active	0879.819.692
KoreKoncept● Active	0670.481.321

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	01/01/2025	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	15/06/2026	17/06/2025	13/07/2024	27/06/2023	16/06/2022	14/06/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

33 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	13/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	29/06/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	19/06/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	12/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	03/07/2007	Dutch	PDF
Abridged model	31/12/2005	09/06/2006	29/06/2006	Dutch	PDF
Abridged model	31/12/2004	10/06/2005	18/07/2005	Dutch	PDF
Abridged model	31/12/2003	11/06/2004	27/07/2004	Dutch	PDF
Abridged model	31/12/2002	28/06/2003	22/07/2003	Dutch	PDF

View all 33 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 12 ended

Active mandates

Guy Frans M Boel

Director · since 14 décembre 2021

Active

Steven Clement A Boel

Director · since 14 décembre 2021

Active

Ended mandates

Steven Boel

Director · since 01 novembre 2013

Ended

Steven Boel

Administrator - manager · since 01 novembre 2013

Ended

Steven Boel

Manager · since 01 novembre 2013

Ended

Steven Clement A Boel

Manager · since 01 novembre 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office04/08/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/09/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/12/2011
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/10/2011
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 202518,7 k €↑
2024
Annual accounts 20242,2 k €↑
2023
Annual accounts 2023-9,6 k €↓
2022
Annual accounts 2022-3,6 k €↓
2021
Annual accounts 202133 k €↑
2018
Annual accounts 201826,5 k €↑
2017
Annual accounts 2017-9,9 k €↓
2016
Annual accounts 2016-9,1 k €↓
2015
Annual accounts 20152,1 k €↓
2014
Annual accounts 201432,1 k €↑
2013
Annual accounts 2013-42,8 k €↓
2012
Annual accounts 201232,5 k €↓
2010
Annual accounts 201038,3 k €↑
2009
Annual accounts 200911,6 k €↑
2008
Annual accounts 2008-12,8 k €↓
2007
Annual accounts 200762,1 k €↑
2006
Annual accounts 200644 k €
23/03/1993
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

ASSUBAN

Overview

What does ASSUBAN do?

Trend over 17 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