ACTIVE

ASD-CERT

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-34 k €

-154.7% YoY

Gross margin

-21,1 k €

-128.9% YoY

Equity

439,2 k €

-7.2% YoY

What does ASD-CERT do?

ASD-CERT is a International non-profit organization incorporated in 1999. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.967.916

Incorporation

14/01/1999

Legal form

International non-profit organization

Registered office

Rond-point Robert Schuman 6
1040 Bruxelles · BruxellesSee on map

Latest accounts

31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2008
Income statement
Gross margin	-21,1 k €	-129%	73 k €	-12.1%	83,1 k €	+64.9%	50,4 k €	-26.0%	68,1 k €	-5.3%	71,8 k €	+2602%	2,7 k €	-91.7%	31,9 k €	+618%	-6,2 k €	-114%	44 k €	+46.0%	30,1 k €	+495%	5,1 k €	+374%	-1,8 k €
EBITDA	-21,1 k €	-129%	73 k €	-12.1%	83,1 k €	+64.9%	50,4 k €	-26.0%	68 k €	-5.3%	71,8 k €	+2686%	2,6 k €	-91.9%	31,9 k €	+614%	-6,2 k €	-114%	44 k €	+46.5%	30 k €	+505%	5 k €	+350%	-2 k €
Operating result	-35,2 k €	-160%	58,6 k €	-4.9%	61,6 k €	+94.0%	31,8 k €	-42.3%	55 k €	-8.2%	59,9 k €	+595%	-12,1 k €	-161%	19,9 k €	+321%	-9 k €	-120%	44 k €	+46.5%	30 k €	+505%	5 k €	+350%	-2 k €
Net result	-34 k €	-155%	62,1 k €	-0.4%	62,3 k €	+97.1%	31,6 k €	-42.1%	54,6 k €	-8.5%	59,7 k €	+588%	-12,2 k €	-160%	20,5 k €	+336%	-8,7 k €	-120%	43,7 k €	+42.2%	30,7 k €	+452%	5,6 k €	+541%	-1,3 k €
Balance sheet
Equity	439,2 k €	-7.2%	473,2 k €	+15.1%	411,2 k €	+17.9%	348,8 k €	+10.0%	317,2 k €	+20.8%	262,6 k €	+29.5%	202,8 k €	-5.7%	215,1 k €	+10.5%	194,6 k €	-4.3%	203,3 k €	+27.4%	159,6 k €	+23.9%	128,8 k €	+112%	60,7 k €
Total assets	953,5 k €	+5.3%	905,1 k €	+6.2%	852,1 k €	+4.2%	817,6 k €	+16.9%	699,3 k €	+5.9%	660,5 k €	+26.3%	523 k €	+31.9%	396,4 k €	+40.0%	283,1 k €	+22.5%	231,1 k €	+43.4%	161,1 k €	-0.4%	161,8 k €	+158%	62,7 k €
Cash	538,3 k €	+8.1%	497,8 k €	-18.5%	610,9 k €	-4.4%	638,7 k €	+12.6%	567,1 k €	+24.9%	454,2 k €	+12.6%	403,5 k €	+74.7%	231 k €	-5.7%	244,9 k €	+16.7%	209,8 k €	+58.1%	132,7 k €	-7.3%	143,1 k €	+143%	58,9 k €
Debts	511 k €	+18.3%	431,9 k €	-2.1%	441 k €	-5.9%	468,8 k €	+22.7%	382,1 k €	-4.0%	397,9 k €	+24.3%	320,2 k €	+239%	94,6 k €	+19.7%	79 k €	+184%	27,8 k €	+1664%	1,6 k €	-95.2%	33 k €	+1617%	1,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 37 ended

Active mandates

Jonathan ROBIEUX

Director · since 18 juin 2025

Active

Piero VISCONTI

Vice-chairman of the board of directors · since 19 septembre 2019

Active

Boris QUASE

Chairman of the board of directors · since 13 novembre 2014

Active

Steffen OHDE

Director · since 14 juin 2013

Active

Ended mandates

Cherif KHELIL

Director · since 16 juin 2022

Ended

Caroline ESTEVE

Director · since 16 juin 2021

Ended

Thierry DE MAZANCOURT

Chairman of the board of directors · since 12 juillet 2016

Ended

Philip EDWARDS

Director · since 19 mai 2015

Ended

At this address

Other companies at this address

Company	CBE no.
ACEA:intelligence● Active	1028.647.386
Active and Healthy Living Reference Site Collaborative Network● Active	0684.987.076
ADVOCAXIO Euro-MENA● Active	0741.546.687
AFFINITY PETCARE BELGIUM● Active	0478.102.310
Airbnb Belgium● Active	1030.660.533
airlines for europe● Active	0651.611.257
AKAMAI TECHNOLOGIES BELGIUM● Active	0535.839.579
ALEXANDER MANN SOLUTIONS● Active	0872.777.294
ALLIANCE OF EUROPEAN MAYORS● Active	0790.908.207
Alnylam Belgium● Active	0704.781.412
AMANA CONSULT● Active	0740.514.331
Ambassade de la République des Palaos● Active	1010.600.933
Andrew Scott Cooper● Active	0804.349.932
Association des Constructeurs européens d'Automobiles● Active	0444.072.631
Association des Pays et Territoires d'Outre-Mer de l'Union européenne● Active	0872.157.880
Association européenne de praticiens de l'économie● Active	0698.889.453
Association for Innovative Farming● Active	0674.732.196
Austerlitz Consulting● Active	0891.702.291
Automotive Skills Alliance● Active	0779.592.463
BCCompany● Active	0780.396.672

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	30/07/2026	11/08/2025	22/07/2024	21/07/2023	24/06/2022	29/07/2021
General meeting	18/06/2026	18/06/2025	20/06/2024	23/06/2023	16/06/2022	16/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/06/2026	30/07/2026	French	PDF
Micro model	31/12/2024	18/06/2025	11/08/2025	French	PDF
Micro model	31/12/2023	20/06/2024	22/07/2024	French	PDF
Micro model	31/12/2022	23/06/2023	21/07/2023	French	PDF
Micro model	31/12/2021	16/06/2022	24/06/2022	French	PDF
Abridged model	31/12/2020	16/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	18/06/2020	09/07/2020	French	PDF
Abridged model	31/12/2018	19/06/2019	09/07/2019	French	PDF
Abridged model	31/12/2017	07/12/2018	10/12/2018	French	PDF
Abridged model	31/12/2016	21/06/2017	19/07/2017	French	PDF
Abridged model	31/12/2015	08/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	23/07/2015	French	PDF
Abridged model	31/12/2008	24/02/2009	05/11/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 37 ended

Active mandates

Jonathan ROBIEUX

Director · since 18 juin 2025

Active

Piero VISCONTI

Vice-chairman of the board of directors · since 19 septembre 2019

Active

Boris QUASE

Chairman of the board of directors · since 13 novembre 2014

Active

Steffen OHDE

Director · since 14 juin 2013

Active

Ended mandates

Cherif KHELIL

Director · since 16 juin 2022

Ended

Caroline ESTEVE

Director · since 16 juin 2021

Ended

Thierry DE MAZANCOURT

Chairman of the board of directors · since 12 juillet 2016

Ended

Philip EDWARDS

Director · since 19 mai 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/03/2026
DEMISSIONS, NOMINATIONS
PDF
Other21/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates13/10/2021
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office21/06/2021
SIEGE SOCIAL
PDF
Mandates03/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates12/09/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates29/09/2016
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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 2025-34 k €↓
2024
Annual accounts 202462,1 k €↓
2023
Annual accounts 202362,3 k €↑
2022
Annual accounts 202231,6 k €↓
2021
Annual accounts 202154,6 k €↓
2020
Annual accounts 202059,7 k €↑
2019
Annual accounts 2019-12,2 k €↓
2018
Annual accounts 201820,5 k €↑
2017
Annual accounts 2017-8,7 k €↓
2016
Annual accounts 201643,7 k €↑
2015
Annual accounts 201530,7 k €↑
2014
Annual accounts 20145,6 k €↑
2008
Annual accounts 2008-1,3 k €
14/01/1999
IncorporationInternational non-profit organization

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

ASD-CERT

Overview

What does ASD-CERT do?

Trend over 13 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