ACTIVE

ASTARCO

Financial year 2025 · closed on 31/12/2025
Net result
53,6 k €
-56.6% YoY
Equity
805,7 k €
+7.1% YoY

What does ASTARCO do?

ASTARCO is a Private company with limited liability incorporated in 2007. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0892.593.208
Incorporation
05/10/2007
Legal form
Private company with limited liability
Registered office
Boulevard du Roi Albert II 19
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 100
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin266,7 k €346,8 k €1,2 M €1,2 M €1,2 M €1,2 M €666,8 k €
EBITDA114,9 k €122,3 k €104,5 k €80,1 k €78,7 k €66,1 k €-1,9 k €37,5 k €35,1 k €40,5 k €256,5 k €333,0 k €1,2 M €1,2 M €1,2 M €1,1 M €536,2 k €
Operating result106,3 k €113,8 k €96,0 k €71,6 k €70,2 k €57,6 k €-10,4 k €29,0 k €26,6 k €32,0 k €245,9 k €324,5 k €1,2 M €1,2 M €1,2 M €1,1 M €514,7 k €
Net result53,6 k €123,6 k €-3,1 M €52,9 k €50,4 k €646,2 k €-15,8 k €62,8 k €1,3 M €1,0 M €2,6 M €947,3 k €2,1 M €784,3 k €769,4 k €625,4 k €169,6 k €
Balance sheet
Equity805,7 k €752,1 k €628,5 k €3,8 M €3,7 M €3,6 M €3,6 M €3,7 M €3,6 M €3,6 M €3,6 M €5,5 M €4,6 M €2,5 M €1,7 M €944,9 k €319,6 k €
Total assets851,9 k €758,1 k €669,8 k €3,8 M €3,7 M €4,3 M €3,7 M €3,7 M €5,0 M €4,8 M €3,7 M €5,7 M €5,3 M €3,8 M €3,2 M €3,0 M €3,0 M €
Cash25,0 k €40,4 k €145,0 k €77,0 k €207,1 k €728,3 k €35,1 k €87,0 k €1,4 M €1,1 M €1,2 M €1,0 M €309,4 k €11,8 k €7,6 k €3,6 k €
Debts35,5 k €6,0 k €31,2 k €51,4 k €39,6 k €664,0 k €32,3 k €75,9 k €1,4 M €1,2 M €130,0 k €169,7 k €692,5 k €1,3 M €1,4 M €2,0 M €2,6 M €
Other
Workforce1,8 ETP2,9 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 29 ended

Active mandates

Nicolas Rogez

Chairman of the board of directors · since 21 mai 2025 · until 24 avril 2028

Active
Cedric Hannaert

Director · since 26 juin 2024 · until 24 avril 2028

Active
Natalie Dewulf

Chairman of the board of directors · since 26 juin 2024 · until 21 mai 2025

Active
Xavier Allard

Director · since 26 juin 2024 · until 24 avril 2028

Active

Ended mandates

Xavier Allard

Director · since 14 juin 2022 · until 29 avril 2024

Ended
Xavier Allard

Director · since 14 juin 2022 · until 26 juin 2024

Ended
MASAR

Director · since 30 juin 2021 · until 29 avril 2024 · 0860.750.680

Represented by Carl MESSIAEN

Ended
Cedric Hannaert

Director · since 30 juin 2020 · until 26 juin 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date21/08/202607/07/202512/07/202420/07/202317/08/202207/07/2021
General meeting20/08/202627/06/202526/06/202430/06/202324/06/202230/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/08/202621/08/2026DutchPDF
Full model31/12/202427/06/202507/07/2025DutchPDF
Full model31/12/202326/06/202412/07/2024DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Full model31/12/202124/06/202217/08/2022DutchPDF
Full model31/12/202030/06/202107/07/2021DutchPDF
Full model31/12/201930/06/202019/08/2020DutchPDF
Full model31/12/201819/02/202024/03/2020DutchPDF
Full model31/12/201707/12/201810/01/2019DutchPDF
Full model31/12/201629/06/201721/09/2017DutchPDF
Abridged model31/12/201529/06/201626/07/2016DutchPDF
Abridged model30/09/201430/03/201531/03/2015DutchPDF
Abridged model30/09/201329/03/201429/04/2014DutchPDF
Abridged model30/09/201230/03/201325/04/2013DutchPDF
Abridged model30/09/201114/04/201215/05/2012DutchPDF
Abridged model30/09/201031/03/201129/04/2011DutchPDF
Abridged model30/09/200931/03/201030/04/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 29 ended

Active mandates

Nicolas Rogez

Chairman of the board of directors · since 21 mai 2025 · until 24 avril 2028

Active
Cedric Hannaert

Director · since 26 juin 2024 · until 24 avril 2028

Active
Natalie Dewulf

Chairman of the board of directors · since 26 juin 2024 · until 21 mai 2025

Active
Xavier Allard

Director · since 26 juin 2024 · until 24 avril 2028

Active

Ended mandates

Xavier Allard

Director · since 14 juin 2022 · until 29 avril 2024

Ended
Xavier Allard

Director · since 14 juin 2022 · until 26 juin 2024

Ended
MASAR

Director · since 30 juin 2021 · until 29 avril 2024 · 0860.750.680

Represented by Carl MESSIAEN

Ended
Cedric Hannaert

Director · since 30 juin 2020 · until 26 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/03/2026
    DIVERSEN
    PDF
  • Mandates09/09/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/08/2024
    DIVERSEN
    PDF
  • Other12/02/2024
    DIVERSEN
    PDF
  • Mandates16/02/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2021
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/10/2020
    DIVERSEN
    PDF
  • Mandates13/08/2020
    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 202553,6 k €
  2. 2024
    Annual accounts 2024123,6 k €
  3. 2023
    Annual accounts 2023-3,1 M €
  4. 2022
    Annual accounts 202252,9 k €
  5. 2021
    Annual accounts 202150,4 k €
  6. 2020
    Annual accounts 2020646,2 k €
  7. 2019
    Annual accounts 2019-15,8 k €
  8. 2018
    Annual accounts 201862,8 k €
  9. 2017
    Annual accounts 20171,3 M €
  10. 2016
    Annual accounts 20161,0 M €
  11. 2015
    Annual accounts 20152,6 M €
  12. 2014
    Annual accounts 2014947,3 k €
  13. 2013
    Annual accounts 20132,1 M €
  14. 2012
    Annual accounts 2012784,3 k €
  15. 2011
    Annual accounts 2011769,4 k €
  16. 2010
    Annual accounts 2010625,4 k €
  17. 2009
    Annual accounts 2009169,6 k €
  18. 05/10/2007
    IncorporationPrivate company with limited liability