Financials
Financial year 2025
ASOTEP from Genk, company number BE0433718375, closed financial year 2025 with a result of € 3.2 million after tax. For that financial year ASOTEP recorded a gross margin of € 7.1 million and equity of € 661,207. Compared with financial year 2024, the result moved from € 1.9 million to € 3.2 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 9, 2026.
€ 661,207
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.2 million
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 3.3 million
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
94 % of the profit went to the shareholders, mostly to PS HOLDING (98 % of the shares). That is where the money ends up.
People and assets in 2025
42.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 3% vs 2024
€ 74,600 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.
€ 86,766
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 83,479
▼ 32% vs 2024
€ 39,768 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.5 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 791,247
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,831,341 | € 4,157,190 | € 5,490,969 | € 7,094,234 | ▲ 29% |
| Profit after taxes | € 714,355 | € 882,123 | € 1,941,251 | € 3,200,335 | ▲ 65% |
| Equity | € 1,137,499 | € 1,019,622 | € 460,873 | € 661,207 | ▲ 43% |
| Total debts | € 5,553,621 | € 5,929,612 | € 5,934,366 | € 5,859,687 | ▼ 1% |
| Cash | € 1,207,317 | € 1,181,306 | € 2,234,152 | € 3,255,709 | ▲ 46% |
| Land & buildings | € 312,665 | € 295,306 | € 271,741 | € 363,030 | ▲ 34% |
| Retained profit | € 1,018,743 | € 900,867 | € 342,118 | € 542,452 | ▲ 59% |
| Dividend | € 900,000 | € 1,000,000 | € 2,500,000 | € 3,000,000 | ▲ 20% |
| Bank debt | € 73,933 | € 90,969 | € 123,141 | € 83,479 | ▼ 32% |
| Balance sheet total | € 6,691,120 | € 6,949,234 | € 6,395,239 | € 6,520,894 | ▲ 2% |
| Employees (FTE) | 42.3 | 41.5 | 43.3 | 42.8 | ▼ 0.5 |
Key figures of ASOTEP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ASOTEP?
What happened at ASOTEP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.2 million (▲ 65% vs 2024). Source: NBB ↗
- PS Holding BV became a director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 714,355 profit in 2022 to € 3.2 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.2 million profit.
On average € 165,800 of value added per employee in 2025.
Management
The stake of PS HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASOTEPBehind ASOTEP is PS Holding BV. The shares are held by PS HOLDING (98.3%). It owns 49% of Gilmaso itself.
Directors
According to the 2025 annual accounts
Director · represented by Sergio PETOSA
since 2023
Shareholders
98.3%
Participations
49%
Establishments
Establishment units
Physical locations of this company
Woudstraat 3A
3600 Genk
Woudstraat 3 A
3600 Genk
Active since 15 December 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
asotep.com
Registered
2000-01-31
Registrar
eNom, LLC
Expires
2027-01-31
Website info
Features
Security
Network
Details
- Company number
- 0433.718.375
- VAT number
- BE 0433.718.375
- Registered office
- Woudstraat 3A, 3600 Genk
- Names & denominations
- ASOTEP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1988
- Peppol
- Active · Active since 3 Nov 2025
- Contact
- asotep.com
- Activities · NACE
Vervaardiging van stoomketels
Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Vervaardiging van stoomketels, exclusief warmwaterketels voor centrale verwarming
Vervaardiging van metalen constructiewerken en delen daarvan
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Vervaardiging van metalen constructiewerken en onderdelen daarvan
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