ACTIVE

ASGARD

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Financial year 2025 · closed on 30/12/2025

Net result

64,7 k €

-25.4% YoY

Gross margin

112 k €

-15.0% YoY

Equity

768,9 k €

+8.9% YoY

Workforce

0,0 ETP

What does ASGARD do?

ASGARD is a Private limited company incorporated in 2008. Its main activity is: Activities of holding companies. Its registered office is in Heuvelland.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.624.167

Incorporation

18/12/2008

Legal form

Private limited company

Registered office

Basseieweg(Kem) 2
8956 Heuvelland · FlandreSee on map

Contributed capital

20 300,00 €

Latest accounts

30/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	112 k €	-15.0%	131,8 k €	+59.1%	82,8 k €	+42.9%	58 k €	+63.7%	35,4 k €	+69.2%	20,9 k €	-21.8%	26,8 k €	-5.1%	28,2 k €	+22.1%	23,1 k €	-72.0%	82,4 k €	+550%	12,7 k €	+129%	5,5 k €	+102%	2,7 k €	-61.2%	7,1 k €	-54.0%	15,4 k €	+130%	6,7 k €	+66.9%	4 k €	+0.5%	4 k €
EBITDA	96,9 k €	-26.2%	131,3 k €	+58.8%	82,7 k €	+42.7%	58 k €	+65.3%	35,1 k €	+68.5%	20,8 k €	-22.0%	26,7 k €	-4.6%	27,9 k €	+22.9%	22,7 k €	-72.4%	82,3 k €	+557%	12,5 k €	+132%	5,4 k €	+108%	2,6 k €	-62.4%	6,9 k €	-54.5%	15,2 k €	+131%	6,6 k €	+64.6%	4 k €	+0.5%	4 k €
Operating result	88 k €	-27.2%	121 k €	+52.7%	79,2 k €	+38.9%	57 k €	+64.3%	34,7 k €	+66.8%	20,8 k €	-22.0%	26,7 k €	-4.6%	27,9 k €	+24.9%	22,4 k €	-72.6%	81,7 k €	+800%	9,1 k €	+366%	1,9 k €	+247%	-1,3 k €	-140%	3,4 k €	-71.6%	11,8 k €	+94.0%	6,1 k €	+73.6%	3,5 k €	-11.8%	4 k €
Net result	64,7 k €	-25.4%	86,7 k €	+58.6%	54,7 k €	+43.6%	38,1 k €	+85.1%	20,6 k €	+117%	9,5 k €	-29.1%	13,3 k €	+17.7%	11,3 k €	-94.6%	208,9 k €	+54.8%	135 k €	+1483%	-9,8 k €	-9.6%	-8,9 k €	-111%	77,8 k €	+85.5%	41,9 k €	+441%	7,7 k €	+93.7%	4 k €	+81.4%	2,2 k €	-12.0%	2,5 k €
Balance sheet
Equity	768,9 k €	+8.9%	705,9 k €	+13.7%	621 k €	+9.3%	568 k €	+6.9%	531,5 k €	+3.7%	512,5 k €	+1.6%	504,7 k €	+2.4%	493 k €	+2.4%	481,6 k €	+29.2%	372,7 k €	+56.8%	237,8 k €	-3.9%	247,5 k €	-3.5%	256,4 k €	-46.4%	478,7 k €	-0.6%	481,8 k €	+1.6%	474 k €	+0.9%	470 k €	+0.5%	467,8 k €
Total assets	800,3 k €	+2.8%	778,3 k €	+4.3%	745,9 k €	+7.5%	693,6 k €	+0.2%	691,9 k €	+0.5%	688,8 k €	+1.1%	681,4 k €	-0.3%	683,7 k €	-13.3%	788,5 k €	+28.4%	614,2 k €	+29.2%	475,3 k €	+0.0%	475,2 k €	-0.3%	476,8 k €	-1.2%	482,5 k €	-1.0%	487,2 k €	+2.0%	477,6 k €	+0.6%	474,5 k €	+0.8%	470,9 k €
Cash	14,9 k €	-76.8%	64 k €	+18757%	339,4 €	-96.6%	10 k €	+10.1%	9,1 k €	+165%	3,4 k €	+4331%	77,4 €	-99.5%	14,2 k €	+40.6%	10,1 k €	-78.9%	47,9 k €	+467%	8,4 k €	+53.0%	5,5 k €	+50.2%	3,7 k €	+67.0%	2,2 k €	-74.6%	8,7 k €	-19.8%	10,8 k €	+49.0%	7,3 k €		–
Debts	30,9 k €	-57.3%	72,4 k €	-42.1%	125 k €	-0.6%	125,7 k €	-21.7%	160,4 k €	-9.0%	176,3 k €	+0.2%	176 k €	-7.7%	190,6 k €	-37.9%	306,9 k €	+27.1%	241,4 k €	+1.6%	237,5 k €	+4.3%	227,7 k €	+3.3%	220,4 k €	+5682%	3,8 k €	-30.2%	5,5 k €	+52.8%	3,6 k €	-20.7%	4,5 k €	+45.0%	3,1 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

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 30/12/2025 · 1 active · 2 ended

Active mandates

Tom Goddeeris

Manager · since 18 décembre 2008

Active

Ended mandates

Tom Goddeeris

Director

Ended

Tom GODDEERIS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	19/07/2026	11/07/2025	10/07/2024	30/06/2023	15/07/2022	12/08/2021
General meeting	20/06/2026	20/06/2025	20/06/2024	20/06/2023	20/06/2022	21/06/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/12/2025	20/06/2026	19/07/2026	Dutch	PDF
Micro model	30/12/2024	20/06/2025	11/07/2025	Dutch	PDF
Micro model	30/12/2023	20/06/2024	10/07/2024	Dutch	PDF
Micro model	30/12/2022	20/06/2023	30/06/2023	Dutch	PDF
Abridged model	30/12/2021	20/06/2022	15/07/2022	Dutch	PDF
Abridged model	30/12/2020	21/06/2021	12/08/2021	Dutch	PDF
Abridged model	30/12/2019	20/06/2020	20/07/2020	Dutch	PDF
Abridged model	30/12/2018	20/06/2019	05/07/2019	Dutch	PDF
Abridged model	30/12/2017	20/06/2018	11/07/2018	Dutch	PDF
Abridged model	30/12/2016	20/06/2017	26/06/2017	Dutch	PDF
Abridged model	30/12/2015	20/06/2016	27/06/2016	Dutch	PDF
Abridged model	30/12/2014	20/06/2015	22/06/2015	Dutch	PDF
Abridged model	30/12/2013	20/06/2014	17/07/2014	Dutch	PDF
Abridged model	30/12/2012	20/06/2013	29/07/2013	Dutch	PDF
Abridged model	30/12/2011	20/06/2012	14/08/2012	Dutch	PDF
Abridged model	30/12/2010	20/06/2011	11/08/2011	Dutch	PDF
Abridged model	30/12/2009	20/06/2010	27/08/2010	Dutch	PDF
Abridged model	30/12/2008	20/06/2009	07/08/2009	Dutch	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 30/12/2025 · 1 active · 2 ended

Active mandates

Tom Goddeeris

Manager · since 18 décembre 2008

Active

Ended mandates

Tom Goddeeris

Director

Ended

Tom GODDEERIS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/03/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Registered office13/04/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares05/12/2017
KAPITAAL - AANDELEN
PDF
Capital / shares04/09/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office24/04/2012
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares06/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office17/06/2009
MAATSCHAPPELIJKE ZETEL
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 202564,7 k €↓
2024
Annual accounts 202486,7 k €↑
2023
Annual accounts 202354,7 k €↑
2022
Annual accounts 202238,1 k €↑
2021
Annual accounts 202120,6 k €↑
2020
Annual accounts 20209,5 k €↓
2019
Annual accounts 201913,3 k €↑
2018
Annual accounts 201811,3 k €↓
2017
Annual accounts 2017208,9 k €↑
2016
Annual accounts 2016135 k €↑
2015
Annual accounts 2015-9,8 k €↓
2014
Annual accounts 2014-8,9 k €↓
2013
Annual accounts 201377,8 k €↑
2012
Annual accounts 201241,9 k €↑
2011
Annual accounts 20117,7 k €↑
2010
Annual accounts 20104 k €↑
2009
Annual accounts 20092,2 k €↓
2008
Annual accounts 20082,5 k €
18/12/2008
IncorporationPrivate 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

ASGARD

Overview

What does ASGARD do?

Trend over 18 financial years

Indicative valuation

Board of directors

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