What is the address of Ase Europe?

The registered office of Ase Europe is located at Molenbergstraat 10 box 26, 2000 Antwerpen.

Is Ase Europe still active?

Yes. According to the CBE (29 October 2026) Ase Europe is active, legal situation “Normale toestand”, started on 4 December 1956.

Is Ase Europe registered on Peppol?

Yes, Ase Europe is registered on the Peppol network with ID 0208:0404928577.

What is the enterprise number of Ase Europe?

The enterprise number of Ase Europe is BE0404928577.

When was Ase Europe founded?

Ase Europe was founded on 4 December 1956.

Who are the directors of Ase Europe?

According to the 2025 annual accounts, the directors of Ase Europe are: E. Thomas Komrowski, E. Peter Komrowski, Robert Andries.

Is Ase Europe a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 December 1956; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Ase Europe make in 2025?

Ase Europe posted a profit after taxes of € 1,336,337 in financial year 2025.

What is the revenue of Ase Europe?

In its most recent annual accounts (2025), Ase Europe reported revenue of € 17,089,073.

How much does an employee at Ase Europe earn?

The average wage cost per full-time employee at Ase Europe was € 84,700 in 2025: staff costs of € 728,622 for 8.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Ase Europe have?

According to the 2025 annual accounts, Ase Europe has 8.6 full-time equivalents (FTE).

Ase Europe (Public Limited) - Antwerpen - BE0404928577

Q: What does Ase Europe do?

Ase Europe is registered with the CBE as active in: Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair. Public Limited, started on 4 December 1956, 1 establishment.

Dossier Ase Europe, printed on 29 October 2026 from databakkes.be/en/0404928577/ase-europe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

56 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Ase Europe from Antwerpen, company number BE0404928577, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Ase Europe recorded revenue of € 17.1 million and equity of € 11.9 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 13, 2026.

What it is worth Growing

€ 11.9 million

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.3 million

▲ 3% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12.2 million

▲ 54% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 590,000 paid out

44 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

8.6

▲ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 728,622

▲ 5% vs 2024

€ 84,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 68,971

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 5.7 million

▼ 22% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.9 million

▼ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.

Taxes and wages

€ 180,294

▼ 71% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 27,269,547 Revenue 2022: € 27,269,547 First fiscal year in the series	€ 24,097,201 Revenue 2023: € 24,097,201 ▼ 12% vs 2022 (€ 27,269,547) Unfavourable step	€ 22,429,452 Revenue 2024: € 22,429,452 ▼ 7% vs 2023 (€ 24,097,201) Unfavourable step	€ 17,089,073 Revenue 2025: € 17,089,073 ▼ 24% vs 2024 (€ 22,429,452) Unfavourable step	▼ 24%
Profit after taxes	€ 1,562,954 Profit after taxes 2022: € 1,562,954 First fiscal year in the series	€ 1,549,841 Profit after taxes 2023: € 1,549,841 ▼ 1% vs 2022 (€ 1,562,954) Unfavourable step	€ 1,303,710 Profit after taxes 2024: € 1,303,710 ▼ 16% vs 2023 (€ 1,549,841) Unfavourable step	€ 1,336,337 Profit after taxes 2025: € 1,336,337 ▲ 3% vs 2024 (€ 1,303,710) Favourable step	▲ 3%
Equity	€ 10,470,243 Equity 2022: € 10,470,243 First fiscal year in the series	€ 10,745,085 Equity 2023: € 10,745,085 ▲ 3% vs 2022 (€ 10,470,243) Favourable step	€ 11,211,152 Equity 2024: € 11,211,152 ▲ 4% vs 2023 (€ 10,745,085) Favourable step	€ 11,879,989 Equity 2025: € 11,879,989 ▲ 6% vs 2024 (€ 11,211,152) Favourable step	▲ 6%
Total debts	€ 7,098,692 Total debts 2022: € 7,098,692 First fiscal year in the series	€ 9,413,556 Total debts 2023: € 9,413,556 ▲ 33% vs 2022 (€ 7,098,692) Unfavourable step	€ 10,728,159 Total debts 2024: € 10,728,159 ▲ 14% vs 2023 (€ 9,413,556) Unfavourable step	€ 8,608,575 Total debts 2025: € 8,608,575 ▼ 20% vs 2024 (€ 10,728,159) Favourable step	▼ 20%
Cash	€ 8,429,704 Cash 2022: € 8,429,704 First fiscal year in the series	€ 9,485,354 Cash 2023: € 9,485,354 ▲ 13% vs 2022 (€ 8,429,704) Favourable step	€ 7,954,620 Cash 2024: € 7,954,620 ▼ 16% vs 2023 (€ 9,485,354) Unfavourable step	€ 12,220,714 Cash 2025: € 12,220,714 ▲ 54% vs 2024 (€ 7,954,620) Favourable step	▲ 54%
Retained profit	€ 9,725,243 Retained profit 2022: € 9,725,243 First fiscal year in the series	€ 10,000,085 Retained profit 2023: € 10,000,085 ▲ 3% vs 2022 (€ 9,725,243) Favourable step	€ 10,466,152 Retained profit 2024: € 10,466,152 ▲ 5% vs 2023 (€ 10,000,085) Favourable step	€ 11,134,989 Retained profit 2025: € 11,134,989 ▲ 6% vs 2024 (€ 10,466,152) Favourable step	▲ 6%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 1,200,000 Dividend 2023: € 1,200,000 Unchanged (€ 0) Unchanged	€ 750,000 Dividend 2024: € 750,000 ▼ 37% vs 2023 (€ 1,200,000) Unchanged	€ 590,000 Dividend 2025: € 590,000 ▼ 21% vs 2024 (€ 750,000) Unchanged	▼ 21%
Bank debt	€ 3,900,376 Bank debt 2022: € 3,900,376 First fiscal year in the series	€ 5,838,050 Bank debt 2023: € 5,838,050 ▲ 50% vs 2022 (€ 3,900,376) Unfavourable step	€ 7,304,174 Bank debt 2024: € 7,304,174 ▲ 25% vs 2023 (€ 5,838,050) Unfavourable step	€ 5,705,680 Bank debt 2025: € 5,705,680 ▼ 22% vs 2024 (€ 7,304,174) Favourable step	▼ 22%
Balance sheet total	€ 17,568,935 Balance sheet total 2022: € 17,568,935 First fiscal year in the series	€ 20,158,641 Balance sheet total 2023: € 20,158,641 ▲ 15% vs 2022 (€ 17,568,935) Unchanged	€ 21,939,310 Balance sheet total 2024: € 21,939,310 ▲ 9% vs 2023 (€ 20,158,641) Unchanged	€ 20,488,564 Balance sheet total 2025: € 20,488,564 ▼ 7% vs 2024 (€ 21,939,310) Unchanged	▼ 7%
Employees (FTE)	8.5 Employees (FTE) 2022: 8.5 First fiscal year in the series	7.3 Employees (FTE) 2023: 7.3 ▼ 1.2 vs 2022 (8.5) Unchanged	7.6 Employees (FTE) 2024: 7.6 ▲ 0.3 vs 2023 (7.3) Unchanged	8.6 Employees (FTE) 2025: 8.6 ▲ 1 vs 2024 (7.6) Unchanged	▲ 1

Key figures of Ase Europe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Ase Europe?

What happened at Ase Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 13, 2026 New annual accounts for financial year 2025: profit of € 1.3 million (▲ 3% vs 2024). Source: NBB ↗
Dec 4, 1956 Start of the company according to the CBE. KBO
Dec 1, 1956 New establishment in Antwerpen. KBO

In short

From € 1.6 million profit in 2022 to € 1.3 million profit in 2025.

Paid € 2 million in corporate taxes since 2022.

Best year ever: 2022, with € 1.6 million profit.

Paid out € 2.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ASE METALS 2%

The stake of ASE METALS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Ase Europe

Behind Ase Europe are E. Thomas Komrowski, E. Peter Komrowski and Robert Andries. The shares are held by ASE METALS (2%).

Directors

According to the 2025 annual accounts

E. Thomas Komrowski

Managing director

Also active at: ASE METALS

E. Peter Komrowski

Director

Also active at: ASE METALS, AGSB Trading

Robert Andries

Director

Also active at: ASE METALS, AGSB Trading, ASE HOLDING, ASE GROUP

Shareholders

ASE METALS

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Molenbergstraat 10 box 26

2000 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 56 companies are registered at this address.

All companies at this address →

ASE METALS same network

€ 180.6 million revenue · 2025

Antwerps Produkten Maatschappij

Xelyo

€ 55,634 revenue · 2025

Antwerp Business Club

LEWIS COMMUNICATIONS

€ 1.7 million gross margin · 2025

+51 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0404.928.577

VAT number

BE 0404.928.577

Registered office

Molenbergstraat 10 bus 26, 2000 Antwerpen

Names & denominations

Ase Europe

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 December 1956

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in metalen en metaalertsen

View on CBE Public ↗ Annual accounts (NBB) ↗

Ase Europe

Warning lights

Financials

What happened to Ase Europe?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions