ACTIVE

Advanced Spring Technology

Financial year 2025 · closed on 31/12/2025
Net result
28,2 k €
+0.2% YoY
Revenue
47,5 k €
+58.3% YoY
Equity
-15,6 k €
+64.3% YoY

What does Advanced Spring Technology do?

Advanced Spring Technology is a Public limited company incorporated in 2009. Its main activity is: Manufacture of furniture. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0821.705.410
Incorporation
22/12/2009
Legal form
Public limited company
Registered office
Brusselstraat 51
2018 Antwerpen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Revenue47,5 k €30 k €2,4 k €1,3 k €12,6 k €48,6 k €13,2 k €52 k €4,8 k €1,1 M €
EBITDA28,2 k €28,1 k €-1,9 k €-1,8 k €-683 €-204 €2 k €15,7 k €7,3 k €49,6 k €-1,9 k €30,3 k €6 M €-628,4 k €93,8 k €-139,2 k €
Operating result28,2 k €28,1 k €-1,9 k €-1,8 k €-10,2 k €-9,4 k €-7,2 k €-9,6 k €-23,1 k €33,3 k €-1,9 k €-14,9 k €6 M €-1,1 M €-231,1 k €-368,6 k €
Net result28,2 k €28,1 k €-1,9 k €-1,8 k €-10,2 k €-9,4 k €-10,7 k €-53 k €-28,5 k €33,1 k €-6,5 k €-39,2 k €1,9 M €-1,2 M €-250,2 k €-369,1 k €
Balance sheet
Equity-15,6 k €-43,8 k €-71,9 k €-69,9 k €-68,1 k €-57,9 k €-48,5 k €-37,8 k €15,2 k €43,8 k €10,7 k €17,2 k €56,5 k €-1,8 M €-557,8 k €-307,6 k €
Total assets31 k €34,2 k €4 k €5,2 k €19 k €41,2 k €63,7 k €330,3 k €388,6 k €421,9 k €204,8 k €224,6 k €273,3 k €4,5 M €3,1 M €2,8 M €
Cash11 €1 €8 €65 €6 €70 €14 €14 €479 €328 €646 €1,4 k €3,4 k €
Debts44,3 k €78 k €75,9 k €75,1 k €87,1 k €99,1 k €112,2 k €368,2 k €373,4 k €378,1 k €194,1 k €207,4 k €216,8 k €6,3 M €3,6 M €3,1 M €
Other
Workforce1,0 ETP17,8 ETP17,3 ETP20,0 ETP14,0 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 31/12/2025 · 1 active · 5 ended

Active mandates

Wim POPPE

Mandate

Active

Ended mandates

Daniël POPPE

Mandate

Ended
Dany POPPE

Mandate

Ended
Eric VAN SPEYBROECK

Mandate

Ended
Willy POPPE

Mandate

Ended
At this address

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ADI-PROActive
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ADMINEXPERTSBankrupt
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ADS MarketBankrupt
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1006.451.709
1001.464.919
0723.810.832
AE FURNITUREActive
0451.671.392
1004.001.369
AGAPE +254Active
1016.905.042
AGCActive
0802.857.221
AGP GroupActive
0634.947.251
AICRBankrupt
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AJA WholesaleActive
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AJ MULTIBOUWBankrupt
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AL ABDULLAHBankrupt
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ALDEBARANActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date10/07/202610/08/202529/07/202413/08/202324/07/202221/07/2021
General meeting15/06/202604/06/202523/06/202419/06/202320/06/202221/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202610/07/2026DutchPDF
Abridged model31/12/202404/06/202510/08/2025DutchPDF
Abridged model31/12/202323/06/202429/07/2024DutchPDF
Abridged model31/12/202219/06/202313/08/2023DutchPDF
Abridged model31/12/202120/06/202224/07/2022DutchPDF
Micro model31/12/202021/06/202121/07/2021DutchPDF
Abridged model31/12/201915/06/202004/07/2020DutchPDF
Abridged model31/12/201817/06/201926/07/2019DutchPDF
Abridged model31/12/201718/06/201827/07/2018DutchPDF
Abridged model31/12/201619/06/201723/07/2017DutchPDF
Abridged model31/12/201520/06/201614/07/2016DutchPDF
Abridged model31/12/201415/06/201516/07/2015DutchPDF
Abridged model31/12/201316/06/201416/07/2014DutchPDF
Abridged model31/12/201228/06/201318/07/2013DutchPDF
Abridged model31/12/201118/06/201213/07/2012DutchPDF
Full model31/12/201020/06/201126/07/2011DutchPDF
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 31/12/2025 · 1 active · 5 ended

Active mandates

Wim POPPE

Mandate

Active

Ended mandates

Daniël POPPE

Mandate

Ended
Dany POPPE

Mandate

Ended
Eric VAN SPEYBROECK

Mandate

Ended
Willy POPPE

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/12/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/07/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/12/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202528,2 k €
  2. 2024
    Annual accounts 202428,1 k €
  3. 2023
    Annual accounts 2023-1,9 k €
  4. 2022
    Annual accounts 2022-1,8 k €
  5. 2021
    Annual accounts 2021-10,2 k €
  6. 2020
    Annual accounts 2020-9,4 k €
  7. 2019
    Annual accounts 2019-10,7 k €
  8. 2018
    Annual accounts 2018-53 k €
  9. 2017
    Annual accounts 2017-28,5 k €
  10. 2016
    Annual accounts 201633,1 k €
  11. 2015
    Annual accounts 2015-6,5 k €
  12. 2014
    Annual accounts 2014-39,2 k €
  13. 2013
    Annual accounts 20131,9 M €
  14. 2012
    Annual accounts 2012-1,2 M €
  15. 2011
    Annual accounts 2011-250,2 k €
  16. 2010
    Annual accounts 2010-369,1 k €
  17. 22/12/2009
    IncorporationPublic limited company