ACTIVE

ASTES

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Financial year 2025 · closed on 31/12/2025

Net result

106,7 k €

+18.2% YoY

Gross margin

261,7 k €

+23.9% YoY

Equity

111,5 k €

-2.8% YoY

What does ASTES do?

ASTES is a Public limited company incorporated in 1996. Its main activity is: Manufacture of electronic components. Its registered office is in Harelbeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.054.181

Incorporation

21/10/1996

Legal form

Public limited company

Registered office

Politieke Gevangenenstraat 18
8530 Harelbeke · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

26110Manufacture of electronic components· main 26110Manufacture of electronic components

Joint committees (2)

14901
218

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

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	261,7 k €	+23.9%	211,3 k €	+4.4%	202,3 k €	-6.8%	217 k €	-2.7%	223,1 k €	+26.1%	176,9 k €	+39.2%	127,1 k €	-32.9%	189,5 k €	+12.6%	168,3 k €	-2.1%	171,9 k €	-0.2%	172,3 k €	+7.3%	160,6 k €	-20.0%	200,8 k €	-2.7%	206,4 k €	+0.4%	205,5 k €	+6.7%	192,6 k €	-10.7%	215,7 k €	+17.8%	183,1 k €	+5.0%	174,3 k €
EBITDA	225,7 k €	+28.0%	176,3 k €	+4.7%	168,4 k €	-4.3%	175,9 k €	-5.4%	185,8 k €	+30.0%	143 k €	+39.3%	102,6 k €	-19.8%	128 k €	+6.2%	120,5 k €	-6.8%	129,2 k €	+17.8%	109,7 k €	-9.8%	121,6 k €	-6.2%	129,6 k €	-29.2%	183 k €	-0.8%	184,5 k €	+7.9%	171 k €	-3.5%	177,2 k €	+22.6%	144,5 k €	+8.3%	133,4 k €
Operating result	149,8 k €	+28.9%	116,2 k €	-14.3%	135,6 k €	+5.9%	128,1 k €	-3.7%	133,1 k €	+72.8%	77 k €	+54.5%	49,9 k €	+89.1%	26,4 k €	+39.5%	18,9 k €	-31.6%	27,6 k €	+242%	8,1 k €	-59.6%	20 k €	+282%	5,2 k €	-92.9%	73,7 k €	+14.8%	64,2 k €	+31.8%	48,7 k €	-3.2%	50,3 k €	+514%	8,2 k €	+379%	-2,9 k €
Net result	106,7 k €	+18.2%	90,3 k €	-37.8%	145,2 k €	+33.8%	108,5 k €	-3.6%	112,6 k €	+83.8%	61,3 k €	+48.4%	41,3 k €	+58.7%	26 k €	-15.4%	30,8 k €	-53.6%	66,3 k €	+106%	32,1 k €	+2.2%	31,4 k €	-83.1%	185,8 k €	-34.5%	283,8 k €	+719%	34,7 k €	-61.5%	90,1 k €	-82.7%	522,1 k €	+4.4%	500,2 k €	-90.5%	5,2 M €
Balance sheet
Equity	111,5 k €	-2.8%	114,7 k €	-20.6%	144,4 k €	+21.1%	119,3 k €	+7.7%	110,7 k €	+0.6%	110,1 k €	-29.3%	155,8 k €	+15.8%	134,5 k €	-88.9%	1,2 M €	+1.6%	1,2 M €	-18.5%	1,5 M €	-10.3%	1,6 M €	+0.1%	1,6 M €	-18.7%	2 M €	+16.5%	1,7 M €	+2.1%	1,7 M €	-3.4%	1,7 M €	-87.0%	13,4 M €	+3.8%	12,9 M €
Total assets	1,4 M €	-15.0%	1,6 M €	-9.9%	1,8 M €	+101%	901 k €	-11.2%	1 M €	-8.7%	1,1 M €	-8.2%	1,2 M €	-3.0%	1,2 M €	-1.9%	1,3 M €	-23.4%	1,7 M €	-11.0%	1,9 M €	-3.1%	1,9 M €	-24.5%	2,6 M €	+7.1%	2,4 M €	+11.0%	2,1 M €	-6.9%	2,3 M €	-84.1%	14,5 M €	+2.8%	14,1 M €	+3.3%	13,6 M €
Cash	38,2 k €	+118%	17,5 k €	-36.3%	27,5 k €	-62.4%	73,1 k €	+6.0%	69 k €	+63.0%	42,3 k €	-50.3%	85,2 k €	-59.7%	211,3 k €	+81.6%	116,4 k €	-70.0%	387,4 k €	+59.3%	243,2 k €	+171%	89,9 k €	-84.3%	572,5 k €	+15.5%	495,7 k €	+146%	201,3 k €	-13.0%	231,4 k €	-94.0%	3,9 M €	+14893%	25,8 k €	-42.8%	45,2 k €
Debts	1,3 M €	-15.8%	1,5 M €	-8.8%	1,7 M €	+114%	777,4 k €	-13.5%	898,6 k €	-9.7%	995,3 k €	-4.4%	1 M €	-6.4%	1,1 M €	+1659%	63,3 k €	-86.2%	457,9 k €	+19.7%	382,7 k €	+39.0%	275,3 k €	-69.0%	888,4 k €	+149%	356,8 k €	-12.0%	405,3 k €	-32.5%	600,5 k €	-95.3%	12,7 M €	+1911%	631,2 k €	-6.0%	671,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 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 · 34 ended

Active mandates

IDAIA

Director · since 11 mai 2022 · until 10 mai 2028 · 0884.081.853

Represented by Hilde Famaey

Active

KORAMIC INVESTMENTS

Chairman of the board of directors · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Active

Ended mandates

KORAMIC INVESTMENTS

Managing director · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Ended

KORAMIC INVESTMENTS

Chairman of the board of directors · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Ended

KORAMIC INVESTMENTS

Managing director · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Ended

AMIFIE

Director · since 19 décembre 2019 · until 12 avril 2021 · 0718.686.262

Represented by Michelle Decruy

Ended

At this address

Other companies at this address

Company	CBE no.
AltEnerPro● Active	0874.212.993
ASSEMBLICS● Active	0427.170.479
Assemblics Group● Active	0803.865.229
QUALITY ASSEMBLIES● Active	0465.215.463

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	01/10/2019
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	15 months
Filing date	29/06/2026	26/05/2025	31/07/2024	31/07/2023	31/07/2022	29/07/2021
General meeting	13/05/2026	14/05/2025	08/05/2024	10/05/2023	11/05/2022	12/05/2021
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
Abridged model	31/12/2025	13/05/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	14/05/2025	26/05/2025	Dutch	PDF
Abridged model	31/12/2023	08/05/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	10/05/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	11/05/2022	31/07/2022	Dutch	PDF
Abridged model	31/12/2020	12/05/2021	29/07/2021	Dutch	PDF
Abridged model	30/09/2019	19/02/2020	06/03/2020	Dutch	PDF
Abridged model	30/09/2018	07/12/2018	22/03/2019	Dutch	PDF
Abridged model	30/09/2017	16/01/2018	27/02/2018	Dutch	PDF
Abridged model	30/09/2016	25/11/2016	12/12/2016	Dutch	PDF
Abridged model	30/09/2015	15/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	17/03/2015	27/03/2015	Dutch	PDF
Abridged model	30/09/2013	18/03/2014	24/03/2014	Dutch	PDF
Abridged model	30/09/2012	19/03/2013	27/03/2013	Dutch	PDF
Abridged model	30/09/2011	20/03/2012	04/01/2013	Dutch	PDF
Abridged model	30/09/2010	15/03/2011	22/03/2011	Dutch	PDF
Abridged model	30/09/2009	05/01/2010	05/02/2010	Dutch	PDF
Abridged model	30/09/2008	17/03/2009	23/03/2009	Dutch	PDF
Abridged model	30/09/2007	18/03/2008	26/03/2008	Dutch	PDF
Abridged model	30/09/2006	20/03/2007	27/03/2007	Dutch	PDF

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 · 34 ended

Active mandates

IDAIA

Director · since 11 mai 2022 · until 10 mai 2028 · 0884.081.853

Represented by Hilde Famaey

Active

KORAMIC INVESTMENTS

Chairman of the board of directors · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Active

Ended mandates

KORAMIC INVESTMENTS

Managing director · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Ended

KORAMIC INVESTMENTS

Chairman of the board of directors · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Ended

KORAMIC INVESTMENTS

Managing director · since 11 mai 2022 · until 10 mai 2028 · 0405.371.512

Represented by Christian Dumolin

Ended

AMIFIE

Director · since 19 décembre 2019 · until 12 avril 2021 · 0718.686.262

Represented by Michelle Decruy

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates18/09/2019
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates31/01/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2018
ONTSLAGEN - BENOEMINGEN
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 2025106,7 k €↑
2024
Annual accounts 202490,3 k €↓
2023
Annual accounts 2023145,2 k €↑
2022
Annual accounts 2022108,5 k €↓
2021
Annual accounts 2021112,6 k €↑
2020
Annual accounts 202061,3 k €↑
2019
Annual accounts 201941,3 k €↑
2018
Annual accounts 201826 k €↓
2017
Annual accounts 201730,8 k €↓
2016
Annual accounts 201666,3 k €↑
2015
Annual accounts 201532,1 k €↑
2014
Annual accounts 201431,4 k €↓
2013
Annual accounts 2013185,8 k €↓
2012
Annual accounts 2012283,8 k €↑
2011
Annual accounts 201134,7 k €↓
2010
Annual accounts 201090,1 k €↓
2009
Annual accounts 2009522,1 k €↑
2008
Annual accounts 2008500,2 k €↓
2007
Annual accounts 20075,2 M €
21/10/1996
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

ASTES

Overview

What does ASTES do?

Trend over 19 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