ACTIVE

ASSOC

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Financial year 2026 · closed on 31/03/2026

Net result

12,6 k €

-20.2% YoY

Gross margin

28,5 k €

-9.8% YoY

Equity

141,6 k €

-3.8% YoY

What does ASSOC do?

ASSOC is a Private limited company incorporated in 1996. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.585.028

Incorporation

05/04/1996

Legal form

Private limited company

Registered office

Oude Kasteelstraat(Kor) 6
8500 Kortrijk · FlandreSee on map

Contributed capital

27 500,00 €

Latest accounts

31/03/2026

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	28,5 k €	-9.8%	31,6 k €	-10.5%	35,3 k €	-13.5%	40,8 k €	+6.6%	38,2 k €	+5.1%	36,4 k €	-2.7%	37,4 k €	+14.9%	32,5 k €	-6.6%	34,8 k €	+0.2%	34,8 k €	-15.4%	41,1 k €	-41.7%	70,5 k €	+3.9%	67,8 k €	+3.6%	65,5 k €	+0.4%	65,2 k €	-0.1%	65,3 k €	+1.4%	64,4 k €	+1.6%	63,3 k €	+3.5%	61,2 k €	+1.1%	60,5 k €
EBITDA	21,8 k €	-13.0%	25,1 k €	-13.7%	29,1 k €	-17.0%	35 k €	+7.0%	32,7 k €	+6.0%	30,8 k €	-4.2%	32,2 k €	+17.2%	27,5 k €	-8.0%	29,8 k €	-0.3%	29,9 k €	-17.6%	36,3 k €	-44.8%	65,7 k €	+4.2%	63,1 k €	+3.7%	60,8 k €	+0.2%	60,7 k €	-0.3%	60,9 k €	+1.4%	60,1 k €	+1.7%	59,1 k €	+3.4%	57,1 k €	+1.3%	56,4 k €
Operating result	20,4 k €	-12.3%	23,2 k €	-14.7%	27,2 k €	-17.9%	33,1 k €	+14.6%	28,9 k €	+6.9%	27 k €	+1.8%	26,6 k €	+14.1%	23,3 k €	+68.3%	13,8 k €	+233%	4,2 k €	-56.7%	9,6 k €	-75.6%	39,4 k €	+7.1%	36,8 k €	+6.5%	34,6 k €	+0.3%	34,4 k €	-0.5%	34,6 k €	-1.1%	35 k €	+2.9%	34 k €	+13.3%	30 k €	+13.0%	26,6 k €
Net result	12,6 k €	-20.2%	15,8 k €	-20.1%	19,8 k €	-18.0%	24,1 k €	+38.0%	17,5 k €	-5.2%	18,4 k €	+1.6%	18,1 k €	+21.5%	14,9 k €	+81.7%	8,2 k €	+137%	3,5 k €	-44.9%	6,3 k €	-76.9%	27,3 k €	+19.9%	22,7 k €	+4.7%	21,7 k €	-19.1%	26,8 k €	-17.0%	32,3 k €	+117%	14,9 k €	-54.1%	32,4 k €	+24.5%	26 k €	+32.5%	19,6 k €
Balance sheet
Equity	141,6 k €	-3.8%	147,2 k €	+0.4%	146,6 k €	-3.9%	152,6 k €	+7.1%	142,4 k €	+8.5%	131,2 k €	+3.6%	126,7 k €	+16.7%	108,6 k €	-29.3%	153,7 k €	+5.6%	145,4 k €	+1.6%	143,2 k €	+3.1%	138,9 k €	+11.1%	125 k €	+5.2%	118,7 k €	+22.4%	97 k €	-61.2%	250,2 k €	-5.6%	265 k €	+5.9%	250,1 k €	+14.9%	217,7 k €	+13.6%	191,7 k €
Total assets	143,4 k €	-5.0%	151 k €	+1.8%	148,3 k €	-11.2%	167 k €	+8.9%	153,3 k €	+15.6%	132,7 k €	-4.1%	138,3 k €	+24.2%	111,3 k €	-29.2%	157,2 k €	+5.0%	149,7 k €	+1.5%	147,5 k €	-9.5%	162,9 k €	+5.8%	154 k €	-14.1%	179,2 k €	-19.7%	223,1 k €	-14.1%	259,9 k €	-9.7%	287,8 k €	+2.9%	279,7 k €	-6.9%	300,5 k €	-7.7%	325,4 k €
Cash	79 k €	-17.8%	96,1 k €	+3.4%	93 k €	-16.3%	111,1 k €	+16.2%	95,6 k €	+37.2%	69,6 k €	-4.5%	72,9 k €	+33.0%	54,8 k €	-43.2%	96,5 k €	+18.8%	81,2 k €	+56.2%	52 k €	+9.2%	47,6 k €	+286%	12,3 k €	+9.1%	11,3 k €	-60.9%	28,9 k €	-10.1%	32,2 k €	-42.2%	55,7 k €	+114%	26,1 k €	+19.8%	21,8 k €	+11.0%	19,6 k €
Debts	–		–		–		9,2 k €	-2.5%	9,5 k €		–		10,2 k €	+640%	1,4 k €	-36.5%	2,2 k €		–		–		16,8 k €	-39.5%	27,7 k €	-53.2%	59,2 k €	-52.6%	124,9 k €	+1376%	8,5 k €	+504%	1,4 k €	-95.1%	28,4 k €	-65.2%	81,6 k €	-38.4%	132,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 10 ended

Active mandates

Luc Beckers

Mandate

Active

Paul Cheneau

Mandate

Active

Ended mandates

Griet Dumolin

Director

Ended

Griet Dumoulin

Manager

Ended

HERMAN VAN VALCKENBORGH

Manager

Ended

JOSEPH HILTROP

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
EXEKOR● Active	0543.854.749

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	25/08/2025	04/09/2024	21/09/2023	07/09/2022	15/09/2021
General meeting	08/07/2026	25/08/2025	28/08/2024	20/09/2023	01/06/2022	01/06/2021
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	31/03/2026	08/07/2026	23/07/2026	Dutch	PDF
Micro model	31/03/2025	25/08/2025	25/08/2025	Dutch	PDF
Micro model	31/03/2024	28/08/2024	04/09/2024	Dutch	PDF
Micro model	31/03/2023	20/09/2023	21/09/2023	Dutch	PDF
Micro model	31/03/2022	01/06/2022	07/09/2022	Dutch	PDF
Micro model	31/03/2021	01/06/2021	15/09/2021	Dutch	PDF
Micro model	31/03/2020	21/09/2020	30/09/2020	Dutch	PDF
Micro model	31/03/2019	09/09/2019	11/09/2019	Dutch	PDF
Micro model	31/03/2018	01/06/2018	06/09/2018	Dutch	PDF
Micro model	31/03/2017	01/06/2017	22/09/2017	Dutch	PDF
Abridged model	31/03/2016	01/06/2016	29/09/2016	Dutch	PDF
Abridged model	31/03/2015	01/06/2015	18/09/2015	Dutch	PDF
Abridged model	31/03/2014	01/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/03/2013	01/06/2013	19/09/2013	Dutch	PDF
Abridged model	31/03/2012	01/06/2012	19/10/2012	Dutch	PDF
Abridged model	31/03/2011	01/06/2011	19/10/2011	Dutch	PDF
Abridged model	31/03/2010	01/06/2010	13/10/2010	Dutch	PDF
Abridged model	31/03/2009	01/06/2009	22/10/2009	Dutch	PDF
Abridged model	31/03/2008	01/06/2008	29/10/2008	Dutch	PDF
Abridged model	31/03/2007	01/06/2007	04/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/03/2026 · 2 active · 10 ended

Active mandates

Luc Beckers

Mandate

Active

Paul Cheneau

Mandate

Active

Ended mandates

Griet Dumolin

Director

Ended

Griet Dumoulin

Manager

Ended

HERMAN VAN VALCKENBORGH

Manager

Ended

JOSEPH HILTROP

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/10/2018
KAPITAAL - AANDELEN
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN
PDF
Other24/12/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares14/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2026
Annual accounts 202612,6 k €↓
2025
Annual accounts 202515,8 k €↓
2024
Annual accounts 202419,8 k €↓
2023
Annual accounts 202324,1 k €↑
2022
Annual accounts 202217,5 k €↓
2021
Annual accounts 202118,4 k €↑
2020
Annual accounts 202018,1 k €↑
2019
Annual accounts 201914,9 k €↑
2018
Annual accounts 20188,2 k €↑
2017
Annual accounts 20173,5 k €↓
2016
Annual accounts 20166,3 k €↓
2015
Annual accounts 201527,3 k €↑
2014
Annual accounts 201422,7 k €↑
2013
Annual accounts 201321,7 k €↓
2012
Annual accounts 201226,8 k €↓
2011
Annual accounts 201132,3 k €↑
2010
Annual accounts 201014,9 k €↓
2009
Annual accounts 200932,4 k €↑
2008
Annual accounts 200826 k €↑
2007
Annual accounts 200719,6 k €
05/04/1996
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

ASSOC

Overview

What does ASSOC 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