Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 2 to 0.3.
Financials
Financial year 2025
ASBESTOS SAFETY TECHNOLOGY BELGIUM from Ronse, company number BE0431364344, closed financial year 2025 with a result of € -9,634 after tax. For that financial year ASBESTOS SAFETY TECHNOLOGY BELGIUM recorded a gross margin of € 282 and equity of € 358,972. Compared with financial year 2024, the result moved from € -17,209 to € -9,634. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 358,972
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,634
▲ 44 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,478
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 331,472.
People and assets in 2025
0.3
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1,720
▼ 77% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 919
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,666
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 964
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,207 | € 368,708 | € 19,269 | € 282 | ▼ 99% |
| Profit after taxes | € 3,755 | € 269,625 | € -17,209 | € -9,634 | ▲ € 7,575 |
| Equity | € 116,190 | € 385,815 | € 368,605 | € 358,972 | ▼ 3% |
| Total debts | € 234,606 | € 48,807 | € 37,041 | € 18,969 | ▼ 49% |
| Cash | € 35,951 | € 151,422 | € 30,021 | € 22,478 | ▼ 25% |
| Land & buildings | € 42,898 | € 0 | - | - | |
| Retained profit | € 88,690 | € 358,315 | € 341,105 | € 331,472 | ▼ 3% |
| Balance sheet total | € 363,270 | € 434,622 | € 405,646 | € 377,941 | ▼ 7% |
| Employees (FTE) | 2 | 2 | 1.1 | 0.3 | ▼ 0.8 |
Key figures of ASBESTOS SAFETY TECHNOLOGY BELGIUM, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to ASBESTOS SAFETY TECHNOLOGY BELGIUM?
What happened at ASBESTOS SAFETY TECHNOLOGY BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,634. Source: NBB ↗
- Square-t BV became a director. NBB
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,755 profit in 2021 to € 9,634 loss in 2025.
Paid € 3,662 in corporate taxes since 2021.
Best year ever: 2023, with € 269,625 profit.
On average € 17,500 of value added per employee in 2024.
Management
The stake of Square-t comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASBESTOS SAFETY TECHNOLOGY BELGIUMBehind ASBESTOS SAFETY TECHNOLOGY BELGIUM is Square-t BV. The shares are held by Square-t (100%).
Directors
According to the 2025 annual accounts
Director · represented by Mathieu De Keukeleere
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Politiekegevangenenstraat 11
9600 Ronse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.364.344
- VAT number
- BE 0431.364.344
- Registered office
- Politiekegevangenenstraat 11, 9600 Ronse
- Names & denominations
- ASBESTOS SAFETY TECHNOLOGY BELGIUM · A.S.T. BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 1987
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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