ACTIVE

Asfalys

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Financial year 2025 · closed on 31/12/2025
Net result
-57,3 k €
-111.9% YoY
Revenue
25,5 M €
+6.8% YoY
Equity
2 M €
-2.8% YoY
Workforce
18,9 ETP
-5.5% YoY

What does Asfalys do?

Asfalys is a Private limited company incorporated in 2013. Its registered office is in Bruxelles. It employs on average 18,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0536.866.690
Incorporation
23/07/2013
Legal form
Private limited company
Registered office
Esplanade 1 box 80
1020 Bruxelles · BruxellesSee on map
Contributed capital
31 620,00 €
Latest accounts
31/12/2025
Average workforce
18,9 ETP
Joint committees (1)
  • 200
Signals
Good liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Revenue25,5 M €23,8 M €––––––––––
EBITDA-168,5 k €794,8 k €1,2 M €980,7 k €424,5 k €132,8 k €100,9 k €89,3 k €-170,3 k €79,5 k €-17 k €65,1 k €
Operating result12,6 k €710,2 k €1,1 M €837,1 k €413 k €123,2 k €75,1 k €43,9 k €-217,7 k €41,5 k €-54,7 k €54,6 k €
Net result-57,3 k €480,6 k €801,6 k €596,3 k €268,4 k €67,9 k €41,6 k €23,7 k €-228,6 k €22,5 k €-62,1 k €34,3 k €
Balance sheet
Equity2 M €2,1 M €1,6 M €793,7 k €197,4 k €-71 k €-138,9 k €-180,6 k €-204,2 k €24,4 k €1,9 k €40,5 k €
Total assets12,2 M €7,2 M €7,2 M €3,4 M €1,6 M €804,6 k €815,8 k €574,9 k €430,3 k €498,8 k €355,5 k €208,6 k €
Cash7,2 M €551,5 k €1,6 M €712,6 k €423,4 k €28,2 k €8 k €3,7 k €––15,5 k €53,1 k €
Debts9,4 M €4,9 M €5,4 M €2,4 M €1,4 M €875,6 k €954,7 k €755,5 k €634,5 k €474,4 k €352,4 k €168,1 k €
Other
Workforce18,9 ETP20,0 ETP23,6 ETP19,4 ETP16,6 ETP18,0 ETP18,0 ETP12,8 ETP8,1 ETP6,8 ETP5,7 ETP1,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

EYCKP CONSULTING

Director · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Active
KITE Management Consulting

Director · since 23 juillet 2013 · 0842.315.138

Represented by QUANG HOANG NGUYEN

Active

Ended mandates

EYCKP CONSULTING

Manager · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Ended
EYCKP CONSULTING

Manager · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Ended
EYCKP CONSULTING

Director · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Ended
KITE Management Consulting

Manager · since 23 juillet 2013 · 0842.315.138

Represented by QUANG HOANG NGUYEN

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year15 months12 months12 months12 months12 months12 months
Filing date22/06/202614/03/202505/04/202429/03/202329/03/202209/03/2021
General meeting15/06/202606/03/202507/03/202402/03/202303/03/202204/03/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/06/202622/06/2026FrenchPDF
Full model30/09/202406/03/202514/03/2025FrenchPDF
Abridged model30/09/202307/03/202405/04/2024FrenchPDF
Abridged model30/09/202202/03/202329/03/2023FrenchPDF
Abridged model30/09/202103/03/202229/03/2022FrenchPDF
Abridged model30/09/202004/03/202109/03/2021FrenchPDF
Abridged model30/09/201927/03/202031/03/2020FrenchPDF
Abridged model30/09/201807/03/201930/04/2019FrenchPDF
Abridged model30/09/201701/03/201830/04/2018FrenchPDF
Abridged model30/09/201602/03/201721/04/2017FrenchPDF
Abridged model30/09/201503/03/201624/03/2016FrenchPDF
Abridged model30/09/201405/03/201514/03/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 7 ended

Active mandates

EYCKP CONSULTING

Director · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Active
KITE Management Consulting

Director · since 23 juillet 2013 · 0842.315.138

Represented by QUANG HOANG NGUYEN

Active

Ended mandates

EYCKP CONSULTING

Manager · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Ended
EYCKP CONSULTING

Manager · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Ended
EYCKP CONSULTING

Director · since 23 juillet 2013 · 0876.128.348

Represented by KONSTANTINOS POLISSIOU

Ended
KITE Management Consulting

Manager · since 23 juillet 2013 · 0842.315.138

Represented by QUANG HOANG NGUYEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other26/08/2025
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates11/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/03/2024
    SIEGE SOCIAL
    PDF
  • Mandates14/07/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares28/09/2015
    CAPITAL, ACTIONS
    PDF
  • Other25/07/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-57,3 k €↓
  2. 2024
    Annual accounts 2024480,6 k €↓
  3. 2023
    Annual accounts 2023801,6 k €↑
  4. 2022
    Annual accounts 2022596,3 k €↑
  5. 2021
    Annual accounts 2021268,4 k €↑
  6. 2020
    Annual accounts 202067,9 k €↑
  7. 2019
    Annual accounts 201941,6 k €↑
  8. 2018
    Annual accounts 201823,7 k €↑
  9. 2017
    Annual accounts 2017-228,6 k €↓
  10. 2016
    Annual accounts 201622,5 k €↑
  11. 2015
    Annual accounts 2015-62,1 k €↓
  12. 2014
    Annual accounts 201434,3 k €
  13. 23/07/2013
    IncorporationPrivate limited company