ACTIVE

A & S

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Financial year 2025 · closed on 31/12/2025
Net result
148 k €
+23.8% YoY
Gross margin
455,1 k €
+9.4% YoY
Equity
718,3 k €
+20.6% YoY
Workforce
2,0 ETP
0.0% YoY

What does A & S do?

A & S is a Private limited company incorporated in 2007. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Waregem. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0893.581.618
Incorporation
20/11/2007
Legal form
Private limited company
Registered office
Groenbek 25
8790 Waregem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment51140Passenger air transport51871Air transport+3
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin455,1 k €416,1 k €335,2 k €310,1 k €336,8 k €274,3 k €251,4 k €246,6 k €236,8 k €234,8 k €181,6 k €164,7 k €208,7 k €199,7 k €233,8 k €154,7 k €132,8 k €138,2 k €
EBITDA277 k €239,4 k €202,7 k €179,6 k €195,3 k €135,2 k €97,3 k €98,5 k €120 k €108,3 k €56,1 k €50,3 k €75,6 k €81,9 k €104,9 k €22,8 k €38,9 k €12,8 k €
Operating result223,6 k €191,6 k €151,2 k €143,1 k €149,9 k €81,9 k €53,3 k €50,6 k €70,2 k €75,6 k €45,2 k €37,3 k €59,7 k €58,6 k €82,7 k €4,9 k €22 k €-4,7 k €
Net result148 k €119,5 k €93,6 k €85,3 k €91,8 k €46 k €25,3 k €25,6 k €42,4 k €38,8 k €19,3 k €13,5 k €28,3 k €39,1 k €51,5 k €-7 k €9,6 k €-15,7 k €
Balance sheet
Equity718,3 k €595,6 k €501,6 k €490 k €404,7 k €312,9 k €267 k €241,7 k €216,1 k €173,7 k €184,9 k €163,3 k €149,8 k €121,5 k €95,4 k €56,9 k €63,9 k €54,3 k €
Total assets1,1 M €1 M €982,5 k €935,2 k €901,1 k €847,3 k €773,8 k €857,7 k €789,5 k €469,2 k €359,7 k €339 k €319,4 k €326,1 k €466,4 k €306,1 k €260,2 k €254 k €
Cash154,9 k €321,7 k €334,7 k €247,8 k €289,1 k €243,8 k €86,9 k €135 k €129,6 k €42,4 k €62,2 k €49,6 k €33,5 k €17,1 k €111,5 k €41 k €33,4 k €1,2 k €
Debts340,8 k €423,1 k €480,7 k €445,2 k €496,5 k €530,4 k €506,9 k €616 k €573,4 k €295,5 k €174,8 k €175,7 k €169,6 k €204,6 k €371 k €249,2 k €196,3 k €199,6 k €
Other
Workforce2,0 ETP2,0 ETP1,7 ETP1,8 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP–2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,8 ETP3,0 ETP2,4 ETP2,6 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 · 1 active · 5 ended

Active mandates

PIEVANKO

Director · since 24 novembre 2025 · 1030.510.281

Represented by VANDEPUTTE PIERRE

Active

Ended mandates

Heidi BOVIJN

Director · since 09 juin 2014 · until 31 décembre 2019

Ended
Pierre VANDEPUTTE

Managing director · since 10 juin 2013 · until 31 décembre 2019

Ended
Heidi BOVIJN

Director · since 15 octobre 2007 · until 08 juin 2013

Ended
Pierre VANDEPUTTE

Managing director · since 15 octobre 2007 · until 08 juin 2013

Ended
At this address

Other companies at this address

CompanyCBE no.
PIEVANKO● Active
1030.510.281
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date19/03/202618/04/202508/08/202409/08/202320/06/202217/08/2021
General meeting25/02/202618/04/202510/06/202412/06/202313/06/202214/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/02/202619/03/2026DutchPDF
Abridged model31/12/202418/04/202518/04/2025DutchPDF
Abridged model31/12/202310/06/202408/08/2024DutchPDF
Abridged model31/12/202212/06/202309/08/2023DutchPDF
Abridged model31/12/202113/06/202220/06/2022DutchPDF
Abridged model31/12/202014/06/202117/08/2021DutchPDF
Abridged model31/12/201908/06/202011/06/2020DutchPDF
Abridged model31/12/201811/06/201930/08/2019DutchPDF
Abridged model31/12/201711/06/201819/06/2018DutchPDF
Micro model31/12/201612/06/201719/06/2017DutchPDF
Abridged model31/12/201513/06/201614/06/2016DutchPDF
Abridged model31/12/201408/06/201507/07/2015DutchPDF
Abridged model31/12/201309/06/201427/08/2014DutchPDF
Abridged model31/12/201210/06/201328/08/2013DutchPDF
Abridged model31/12/201111/06/201212/07/2012DutchPDF
Abridged model31/12/201014/06/201118/08/2011DutchPDF
Abridged model31/12/200914/06/201020/07/2010DutchPDF
Abridged model31/12/200808/06/200914/07/2009DutchPDF
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 · 1 active · 5 ended

Active mandates

PIEVANKO

Director · since 24 novembre 2025 · 1030.510.281

Represented by VANDEPUTTE PIERRE

Active

Ended mandates

Heidi BOVIJN

Director · since 09 juin 2014 · until 31 décembre 2019

Ended
Pierre VANDEPUTTE

Managing director · since 10 juin 2013 · until 31 décembre 2019

Ended
Heidi BOVIJN

Director · since 15 octobre 2007 · until 08 juin 2013

Ended
Pierre VANDEPUTTE

Managing director · since 15 octobre 2007 · until 08 juin 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/09/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/04/2016
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates29/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/11/2007
    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 2025148 k €↑
  2. 2024
    Annual accounts 2024119,5 k €↑
  3. 2023
    Annual accounts 202393,6 k €↑
  4. 2022
    Annual accounts 202285,3 k €↓
  5. 2021
    Annual accounts 202191,8 k €↑
  6. 2020
    Annual accounts 202046 k €↑
  7. 2019
    Annual accounts 201925,3 k €↓
  8. 2018
    Annual accounts 201825,6 k €↓
  9. 2017
    Annual accounts 201742,4 k €↑
  10. 2016
    Annual accounts 201638,8 k €↑
  11. 2015
    Annual accounts 201519,3 k €↑
  12. 2014
    Annual accounts 201413,5 k €↓
  13. 2013
    Annual accounts 201328,3 k €↓
  14. 2012
    Annual accounts 201239,1 k €↓
  15. 2011
    Annual accounts 201151,5 k €↑
  16. 2010
    Annual accounts 2010-7 k €↓
  17. 2009
    Annual accounts 20099,6 k €↑
  18. 2008
    Annual accounts 2008-15,7 k €
  19. 20/11/2007
    IncorporationPrivate limited company