ACTIVE

A.S. Construct

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

926,2 k €

-13.6% YoY

Gross margin

2,5 M €

-3.5% YoY

Equity

2,7 M €

+48.9% YoY

Workforce

17,1 ETP

+9.6% YoY

What does A.S. Construct do?

A.S. Construct is a Private limited company incorporated in 2006. Its registered office is in Brakel. It employs on average 17,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0883.106.905

Incorporation

23/08/2006

Legal form

Private limited company

Registered office

Geraardsbergsestraat 171
9660 Brakel · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/03/2025

Average workforce

17,1 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,5 M €	-3.5%	2,6 M €	+54.5%	1,7 M €	+0.2%	1,7 M €	+36.5%	1,2 M €	+47.7%	839,2 k €	+10.8%	757,1 k €	-9.1%	832,6 k €	-6.6%	891,3 k €	+37.2%	649,7 k €	+8.7%	598,0 k €	-3.7%	620,6 k €	+27.7%	485,8 k €	+26.7%	383,3 k €	+33.5%	287,0 k €	+21.1%	237,0 k €	+8.1%	219,3 k €	+50.0%	146,2 k €
EBITDA	1,3 M €	-19.3%	1,6 M €	+156%	625,1 k €	+88.5%	331,6 k €	+18.3%	280,2 k €	+69.2%	165,7 k €	+21.9%	135,9 k €	+4.2%	130,4 k €	-14.5%	152,5 k €	-5.2%	160,8 k €	+46.0%	110,2 k €	-52.0%	229,7 k €	+65.0%	139,2 k €	+1.1%	137,8 k €	+3.2%	133,4 k €	+71.4%	77,9 k €	-17.9%	94,8 k €	+9.3%	86,8 k €
Operating result	1,2 M €	-19.4%	1,5 M €	+187%	525,2 k €	+120%	239,2 k €	+22.6%	195,0 k €	+243%	56,9 k €	+52.8%	37,2 k €	-11.5%	42,0 k €	+3.4%	40,6 k €	-9.7%	45,0 k €	+10.8%	40,6 k €	-75.9%	168,8 k €	+136%	71,4 k €	+25.3%	57,0 k €	+8.2%	52,7 k €	+71.9%	30,6 k €	-53.2%	65,4 k €	+11.3%	58,8 k €
Net result	926,2 k €	-13.6%	1,1 M €	+176%	387,8 k €	+162%	147,9 k €	+18.5%	124,7 k €	+304%	30,9 k €	+158%	12,0 k €	-18.3%	14,7 k €	+49.6%	9,8 k €	-46.2%	18,2 k €	+13.8%	16,0 k €	+204%	5,3 k €	+339%	1,2 k €	-84.1%	7,5 k €	-33.8%	11,4 k €	-22.7%	14,7 k €	-66.4%	43,8 k €	+12.3%	39,0 k €
Balance sheet
Equity	2,7 M €	+48.9%	1,8 M €	+143%	747,9 k €	+89.7%	394,3 k €	+60.0%	246,4 k €	+103%	121,6 k €	+34.0%	90,8 k €	-50.1%	181,9 k €	+8.8%	167,2 k €	+6.2%	157,4 k €	+12.6%	139,8 k €	+12.9%	123,8 k €	-4.8%	130,0 k €	+0.9%	128,8 k €	+6.2%	121,3 k €	+10.4%	109,9 k €	+15.5%	95,2 k €	+85.2%	51,4 k €
Total assets	3,6 M €	-1.9%	3,6 M €	+23.1%	2,9 M €	+28.3%	2,3 M €	+13.5%	2,0 M €	+55.7%	1,3 M €	-9.8%	1,4 M €	+8.8%	1,3 M €	+12.9%	1,2 M €	-4.4%	1,2 M €	+38.2%	887,1 k €	-1.1%	897,4 k €	+5.2%	852,8 k €	-15.8%	1,0 M €	+15.3%	877,8 k €	+49.7%	586,4 k €	+69.7%	345,5 k €	+30.1%	265,5 k €
Cash	2,4 M €	+15.7%	2,1 M €	+16.8%	1,8 M €	+26.6%	1,4 M €	+66.8%	856,6 k €	+42.8%	600,0 k €	-4.8%	630,3 k €	+268%	171,2 k €	-47.9%	328,6 k €	+1.9%	322,4 k €	-4.6%	338,1 k €	-13.0%	388,8 k €	+91.7%	202,8 k €	-10.4%	226,3 k €	+128%	99,4 k €	+42.9%	69,6 k €	+16.9%	59,5 k €	-32.3%	87,9 k €
Debts	851,3 k €	-52.9%	1,8 M €	-17.8%	2,2 M €	+15.5%	1,9 M €	+7.4%	1,8 M €	+50.5%	1,2 M €	-12.7%	1,3 M €	+18.2%	1,1 M €	+13.6%	1,0 M €	-5.9%	1,1 M €	+43.0%	747,3 k €	-3.4%	773,6 k €	+7.0%	722,8 k €	-18.2%	883,5 k €	+16.8%	756,5 k €	+58.8%	476,5 k €	+116%	220,5 k €	+3.0%	214,1 k €
Other
Workforce	17,1 ETP	+9.6%	15,6 ETP	-7.1%	16,8 ETP	-32.3%	24,8 ETP	+57.0%	15,8 ETP	+24.4%	12,7 ETP	+11.4%	11,4 ETP	-3.4%	11,8 ETP	+3.5%	11,4 ETP	+15.2%	9,9 ETP	0.0%	9,9 ETP	+33.8%	7,4 ETP	0.0%	7,4 ETP	+17.5%	6,3 ETP	+61.5%	3,9 ETP	-2.5%	4,0 ETP	+5.3%	3,8 ETP	+81.0%	2,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 5 ended

Active mandates

A.S. Holding

Director · 1017.529.208

Represented by Olivier Sterckx

Active

Ended mandates

Andy Sienaert

Administrator - manager · since 23 août 2006

Ended

Andy Sienaert

Director

Ended

Andy SIENAERT

Administrator - manager

Ended

ANDY SIENAERT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AST Projects● Active	0783.312.909

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/09/2025	28/11/2024	07/11/2023	29/08/2022	30/08/2021	24/09/2020
General meeting	25/08/2025	26/08/2024	28/08/2023	29/08/2022	30/08/2021	31/08/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	25/08/2025	24/09/2025	Dutch	PDF
Abridged model	31/03/2024	26/08/2024	28/11/2024	Dutch	PDF
Abridged model	31/03/2023	28/08/2023	07/11/2023	Dutch	PDF
Abridged model	31/03/2022	29/08/2022	29/08/2022	Dutch	PDF
Abridged model	31/03/2021	30/08/2021	30/08/2021	Dutch	PDF
Abridged model	31/03/2020	31/08/2020	24/09/2020	Dutch	PDF
Abridged model	31/03/2019	26/08/2019	07/10/2019	Dutch	PDF
Abridged model	31/03/2018	30/09/2018	31/10/2018	Dutch	PDF
Abridged model	31/03/2017	29/09/2017	30/10/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/03/2011	24/03/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	11/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	18/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/03/2025 · 1 active · 5 ended

Active mandates

A.S. Holding

Director · 1017.529.208

Represented by Olivier Sterckx

Active

Ended mandates

Andy Sienaert

Administrator - manager · since 23 août 2006

Ended

Andy Sienaert

Director

Ended

Andy SIENAERT

Administrator - manager

Ended

ANDY SIENAERT

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/06/2018
KAPITAAL - AANDELEN
PDF
Other01/12/2017
BOEKJAAR - DIVERSEN
PDF
Other11/04/2016
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares06/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office26/08/2010
MAATSCHAPPELIJKE ZETEL
PDF
Registered office16/08/2007
MAATSCHAPPELIJKE ZETEL
PDF
Other30/04/2007
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

2025
Annual accounts 2025926,2 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023387,8 k €↑
2022
Annual accounts 2022147,9 k €↑
2021
Annual accounts 2021124,7 k €↑
2020
Annual accounts 202030,9 k €↑
2019
Annual accounts 201912,0 k €↓
2018
Annual accounts 201814,7 k €↑
2017
Annual accounts 20179,8 k €↓
2015
Annual accounts 201518,2 k €↑
2014
Annual accounts 201416,0 k €↑
2013
Annual accounts 20135,3 k €↑
2012
Annual accounts 20121,2 k €↓
2011
Annual accounts 20117,5 k €↓
2010
Annual accounts 201011,4 k €↓
2009
Annual accounts 200914,7 k €↓
2008
Annual accounts 200843,8 k €↑
2007
Annual accounts 200739,0 k €
23/08/2006
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

A.S. Construct

Overview

What does A.S. Construct do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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