ACTIVE

AS2

Financial year 2025 · closed on 30/09/2025
Net result
-173 k €
-54.4% YoY
Gross margin
1,3 M €
-22.1% YoY
Equity
1,2 M €
-12.7% YoY
Workforce
3,0 ETP
+15.4% YoY

What does AS2 do?

AS2 is a Public limited company incorporated in 2015. Its registered office is in Antwerpen. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0599.839.486
Incorporation
03/03/2015
Legal form
Public limited company
Registered office
Moerelei 119
2610 Antwerpen · FlandreSee on map
Contributed capital
1 565 468,93 €
Latest accounts
30/09/2025
Average workforce
3,0 ETP
Joint committees (1)
  • 323
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172015
Income statement
Gross margin1,3 M €1,7 M €1,7 M €2,1 M €1,5 M €1,7 M €2,2 M €2,4 M €-128,9 k €33,7 k €
EBITDA1,1 M €1,5 M €1,2 M €1,9 M €1,4 M €1,6 M €2 M €2,2 M €-135 k €33,3 k €
Operating result320,5 k €716,6 k €389,8 k €1,1 M €668,7 k €842,4 k €882,7 k €1,1 M €-216,1 k €29,8 k €
Net result-173 k €-112,1 k €-293,5 k €657,5 k €-107,9 k €8,2 k €36,3 k €300,4 k €-489,8 k €21,6 k €
Balance sheet
Equity1,2 M €1,4 M €1,5 M €1,8 M €1,1 M €1,2 M €1,2 M €1,2 M €929,8 k €81,1 k €
Total assets14,4 M €15,4 M €15,1 M €15,9 M €17,2 M €17,5 M €18,4 M €19,3 M €15,4 M €109,4 k €
Cash16,9 k €307,6 k €26,8 k €82,1 k €40,7 k €12,6 k €4,1 k €46,4 k €188,4 k €20,4 k €
Debts13 M €13,9 M €13,4 M €13,9 M €15,6 M €16 M €17 M €17,9 M €14,4 M €28,4 k €
Other
Workforce3,0 ETP2,6 ETP3,0 ETP3,0 ETP3,2 ETP2,4 ETP3,9 ETP3,7 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 30/09/2025 · 2 active · 21 ended

Active mandates

BASCO

Director · since 01 novembre 2023 · until 30 janvier 2028 · 0761.346.565

Represented by Yves Franco

Active
BEVER CONSULTING

Director · since 14 juin 2023 · until 30 janvier 2028 · 0883.695.635

Represented by Els Degroote

Active

Ended mandates

ELISTOR

Director · since 28 avril 2022 · until 14 juin 2023 · 0662.513.166

Represented by Els Degroote

Ended
ELISTOR

Director · since 28 avril 2022 · until 30 janvier 2028 · 0662.513.166

Represented by ELS DEGROOTE

Ended
OJAJA

Director · since 28 avril 2022 · until 01 novembre 2023 · 0676.721.092

Represented by Olivier Saverys

Ended
OJAJA

Director · since 28 avril 2022 · until 30 janvier 2028 · 0676.721.092

Ended
At this address

Other companies at this address

CompanyCBE no.
ASPENActive
0673.855.139
0420.355.438
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/02/202629/04/202525/01/202429/04/202328/02/202231/03/2021
General meeting30/01/202631/03/202523/01/202430/01/202330/01/202230/01/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/01/202624/02/2026DutchPDF
Abridged model30/09/202431/03/202529/04/2025DutchPDF
Abridged model30/09/202323/01/202425/01/2024DutchPDF
Abridged model30/09/202230/01/202329/04/2023DutchPDF
Abridged model30/09/202130/01/202228/02/2022DutchPDF
Abridged model30/09/202030/01/202131/03/2021DutchPDF
Abridged model30/09/201930/01/202011/02/2020DutchPDF
Abridged model30/09/201820/02/201921/05/2019DutchPDF
Micro model30/09/201721/02/201824/04/2018DutchPDF
Abridged model31/12/201515/06/201616/06/2016DutchPDF
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 30/09/2025 · 2 active · 21 ended

Active mandates

BASCO

Director · since 01 novembre 2023 · until 30 janvier 2028 · 0761.346.565

Represented by Yves Franco

Active
BEVER CONSULTING

Director · since 14 juin 2023 · until 30 janvier 2028 · 0883.695.635

Represented by Els Degroote

Active

Ended mandates

ELISTOR

Director · since 28 avril 2022 · until 14 juin 2023 · 0662.513.166

Represented by Els Degroote

Ended
ELISTOR

Director · since 28 avril 2022 · until 30 janvier 2028 · 0662.513.166

Represented by ELS DEGROOTE

Ended
OJAJA

Director · since 28 avril 2022 · until 01 novembre 2023 · 0676.721.092

Represented by Olivier Saverys

Ended
OJAJA

Director · since 28 avril 2022 · until 30 janvier 2028 · 0676.721.092

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/04/2025
    DIVERSEN
    PDF
  • Restructuring25/10/2024
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/07/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates06/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates24/05/2022
    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

Timeline

  1. 2025
    Annual accounts 2025-173 k €
  2. 2024
    Annual accounts 2024-112,1 k €
  3. 2023
    Annual accounts 2023-293,5 k €
  4. 2022
    Annual accounts 2022657,5 k €
  5. 2021
    Annual accounts 2021-107,9 k €
  6. 2020
    Annual accounts 20208,2 k €
  7. 2019
    Annual accounts 201936,3 k €
  8. 2018
    Annual accounts 2018300,4 k €
  9. 2017
    Annual accounts 2017-489,8 k €
  10. 2015
    Annual accounts 201521,6 k €
  11. 03/03/2015
    IncorporationPublic limited company