ACTIVE

ASM Belgium

Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
-35.7% YoY
Revenue
33,5 M €
+29.9% YoY
Equity
32,9 M €
+288.2% YoY
Workforce
92,3 ETP
+9.1% YoY

What does ASM Belgium do?

ASM Belgium is a Public limited company incorporated in 1999. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Leuven. It employs on average 92,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0468.489.808
Incorporation
21/12/1999
Legal form
Public limited company
Registered office
Kapeldreef 75
3001 Leuven · FlandreSee on map
Contributed capital
21 062 500,00 €
Latest accounts
31/12/2025
Average workforce
92,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue33,5 M €25,8 M €20,4 M €15,1 M €11,8 M €9,6 M €6,8 M €6,6 M €7 M €6,3 M €4,9 M €4,1 M €3,9 M €4 M €3,6 M €3,6 M €5 M €5,2 M €4,7 M €
EBITDA7,7 M €5,6 M €3,8 M €2,6 M €1,8 M €2,1 M €1,3 M €1,8 M €2 M €1,7 M €1,1 M €810,4 k €619,7 k €554,4 k €336,2 k €527,7 k €889,6 k €518,1 k €458 k €
Operating result1,9 M €1,9 M €1,5 M €860,9 k €671,1 k €664,9 k €378 k €307,2 k €352,5 k €319,4 k €430 k €263,6 k €266,1 k €432,5 k €225,4 k €311 k €693,7 k €371,6 k €313,1 k €
Net result1,1 M €1,7 M €1,3 M €636,6 k €665,3 k €449,6 k €307,5 k €226,4 k €220,4 k €267,4 k €217,3 k €186,4 k €179,6 k €281,9 k €166,3 k €226,2 k €330,5 k €247,5 k €250 k €
Balance sheet
Equity32,9 M €8,5 M €6,8 M €5,5 M €4,9 M €4,2 M €3,8 M €3,5 M €3,2 M €3 M €2,8 M €2,5 M €2,3 M €2,2 M €1,9 M €1,7 M €1,5 M €1,2 M €915,6 k €
Total assets43,8 M €28,6 M €22,6 M €13,4 M €12,6 M €8,8 M €5,8 M €5 M €5,7 M €15,8 M €11 M €8,1 M €3,9 M €3,2 M €3,1 M €2,6 M €3,2 M €2 M €2,6 M €
Cash0 €0 €0 €31,8 k €939,3 k €2 M €699,7 k €4,7 M €119,7 k €192,9 k €187,4 k €129,5 k €271,8 k €159 k €51,1 k €682,1 k €308,9 k €
Debts7,2 M €20,1 M €15,8 M €7,8 M €7,6 M €4,6 M €2 M €1,6 M €2,4 M €12,8 M €8,2 M €5,2 M €1,4 M €525,2 k €1,2 M €852,4 k €1,7 M €870,4 k €1,7 M €
Other
Workforce92,3 ETP84,6 ETP76,6 ETP50,3 ETP45,9 ETP37,8 ETP31,1 ETP29,2 ETP29,2 ETP26,1 ETP23,1 ETP21,5 ETP23,2 ETP21,1 ETP18,1 ETP22,6 ETP25,9 ETP27,6 ETP25,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

Jan Sonsky

Managing director · since 13 mai 2026 · until 30 juin 2032

Active
Judith Koning

Director · since 06 mars 2026 · until 30 juin 2032

Active
Daniele Piumi

Director · since 30 mai 2025 · until 30 juin 2032

Active

Ended mandates

Julien Arcamone

Managing director · since 13 juillet 2023 · until 22 juillet 2024

Ended
Cornelius Alexander van der Jeugd

Director · since 17 juin 2022 · until 13 juillet 2023

Ended
Cornelius Alexander van der Jeugd

Managing director · since 17 juin 2022 · until 13 juillet 2023

Ended
Mei Mei Lynette Song

Director · since 17 juin 2022 · until 31 mai 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202609/04/202628/08/202429/08/202330/06/202218/06/2021
General meeting22/07/202606/03/202622/07/202413/07/202317/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/07/202631/07/2026DutchPDF
Full model31/12/202406/03/202609/04/2026DutchPDF
Full model31/12/202322/07/202428/08/2024DutchPDF
Full model31/12/202213/07/202329/08/2023DutchPDF
Full model31/12/202117/06/202230/06/2022DutchPDF
Abridged model31/12/202016/06/202118/06/2021DutchPDF
Abridged model31/12/201907/07/202023/07/2020DutchPDF
Abridged model31/12/201814/06/201924/06/2019DutchPDF
Abridged model31/12/201731/07/201831/07/2018DutchPDF
Abridged modelCorrection31/12/201620/07/201724/05/2018DutchPDF
Abridged model31/12/201620/07/201727/07/2017DutchPDF
Full model31/12/201530/09/201630/09/2016DutchPDF
Full model31/12/201413/10/201523/10/2015DutchPDF
Full model31/12/201329/09/201403/10/2014DutchPDF
Full model31/12/201206/05/201402/06/2014DutchPDF
Full model31/12/201131/07/201331/10/2013DutchPDF
Full model31/12/201024/05/201231/10/2012DutchPDF
Full model31/12/200923/07/201012/08/2010DutchPDF
Full model31/12/200819/06/200914/07/2009DutchPDF
Full model31/12/200724/07/200826/08/2008DutchPDF
Full model31/12/200629/06/200728/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 33 ended

Active mandates

Jan Sonsky

Managing director · since 13 mai 2026 · until 30 juin 2032

Active
Judith Koning

Director · since 06 mars 2026 · until 30 juin 2032

Active
Daniele Piumi

Director · since 30 mai 2025 · until 30 juin 2032

Active

Ended mandates

Julien Arcamone

Managing director · since 13 juillet 2023 · until 22 juillet 2024

Ended
Cornelius Alexander van der Jeugd

Director · since 17 juin 2022 · until 13 juillet 2023

Ended
Cornelius Alexander van der Jeugd

Managing director · since 17 juin 2022 · until 13 juillet 2023

Ended
Mei Mei Lynette Song

Director · since 17 juin 2022 · until 31 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/05/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates18/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    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

Timeline

  1. 2025
    Annual accounts 20251,1 M €
  2. 2023
    Annual accounts 20231,7 M €
  3. 2022
    Annual accounts 20221,3 M €
  4. 2021
    Annual accounts 2021636,6 k €
  5. 2020
    Annual accounts 2020665,3 k €
  6. 2019
    Annual accounts 2019449,6 k €
  7. 2018
    Annual accounts 2018307,5 k €
  8. 2017
    Annual accounts 2017226,4 k €
  9. 2016
    Annual accounts 2016220,4 k €
  10. 2015
    Annual accounts 2015267,4 k €
  11. 2014
    Annual accounts 2014217,3 k €
  12. 2013
    Annual accounts 2013186,4 k €
  13. 2012
    Annual accounts 2012179,6 k €
  14. 2011
    Annual accounts 2011281,9 k €
  15. 2010
    Annual accounts 2010166,3 k €
  16. 2009
    Annual accounts 2009226,2 k €
  17. 2008
    Annual accounts 2008330,5 k €
  18. 2007
    Annual accounts 2007247,5 k €
  19. 2006
    Annual accounts 2006250 k €
  20. 21/12/1999
    IncorporationPublic limited company