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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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ASTES from Harelbeke, company number BE0459054181, closed financial year 2025 with a result of € 106,734 after tax. For that financial year ASTES recorded a gross margin of € 261,679 and equity of € 111,464. Compared with financial year 2024, the result moved from € 90,291 to € 106,734. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 111,464
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 106,734
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 38,175
▲ 118% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 110,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 1.2 million
▼ 14% vs 2024
€ 193,926 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,063
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,920
▼ 73% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 217,017 | € 202,320 | € 211,286 | € 261,679 | ▲ 24% |
| Profit after taxes | € 108,530 | € 145,183 | € 90,291 | € 106,734 | ▲ 18% |
| Equity | € 119,256 | € 144,439 | € 114,730 | € 111,464 | ▼ 3% |
| Total debts | € 781,721 | € 1,669,057 | € 1,519,907 | € 1,278,564 | ▼ 16% |
| Cash | € 73,122 | € 27,515 | € 17,524 | € 38,175 | ▲ 118% |
| Land & buildings | € 525,407 | € 492,652 | € 1,050,811 | € 983,029 | ▼ 6% |
| Retained profit | € 19,256 | € 44,439 | € 14,730 | € 11,464 | ▼ 22% |
| Dividend | € 100,000 | € 120,000 | € 120,000 | € 110,000 | ▼ 8% |
| Bank debt | € 663,337 | € 1,533,023 | € 1,354,763 | € 1,164,581 | ▼ 14% |
| Balance sheet total | € 900,977 | € 1,813,496 | € 1,634,637 | € 1,390,028 | ▼ 15% |
Key figures of ASTES, 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 ASTES?
What happened at ASTES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IDAIA BV stepped down as director. NBB
- KORAMIC INVESTMENTS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 106,734 (▲ 18% vs 2024). Source: NBB ↗
- IDAIA BV became a director. NBB
- KORAMIC INVESTMENTS became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,530 profit in 2022 to € 106,734 profit in 2025.
Paid € 85,322 in corporate taxes since 2022.
Best year ever: 2023, with € 145,183 profit.
Paid out € 450,000 in dividends to the owners in total.
Management
The stake of Assemblics International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASTESThe shares are held by Assemblics International (100%). It owns 50% of Altenerpro itself.
Directors
According to the 2025 annual accounts
Director · represented by Hilde Famaey
Also active at: TrustCapital, ASSEMBLICS, KORAMIC CORPORATE FINANCE, Assemblics International, ARGON SELECTIE, DIGITAL ARTS & ENTERTAINMENT STUDIO'S, CYBER STUDIOS
since 2022 · until 2028
Chairman of the board · represented by Christian Dumolin
Also active at: WEngage, WEngage International
since 2022 · until 2028
Shareholders
Participations
50%
Establishments
Establishment units
Physical locations of this company
Politieke Gevangenenstraat 18
8530 Harelbeke
Politieke Gevangenenstraat 28
8530 Harelbeke
Active since 17 September 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0459.054.181
- VAT number
- BE 0459.054.181
- Registered office
- Politieke Gevangenenstraat 18, 8530 Harelbeke
- Names & denominations
- ASTES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 1996
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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