Financials
Financial year 2025
ASTEL from Pajottegem, company number BE0463904181, closed financial year 2025 with a result of € -90,515 after tax. For that financial year ASTEL recorded a gross margin of € -89,850 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 265,352 to € -90,515. 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 June 23, 2026.
€ 2.4 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,515
▼ still € 265,352 profit in 2024
Profit after tax over the fiscal year.
€ 45,605
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.4 million.
People and assets in 2025
€ 18,072
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,793
▼ 52% vs 2024
Loans from banks and other lenders, long and short.
€ 7,974
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,351
▼ 24% 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 | € -53,084 | € 129,841 | € 54,786 | € -89,850 | ▼ € 144,636 |
| Profit after taxes | € 2,187,161 | € 70,745 | € 265,352 | € -90,515 | ▼ € 355,867 |
| Equity | € 2,487,931 | € 2,283,140 | € 2,488,047 | € 2,397,532 | ▼ 4% |
| Total debts | € 467,770 | € 709,617 | € 167,888 | € 78,046 | ▼ 54% |
| Cash | € 1,520,444 | € 946,428 | € 1,359,046 | € 45,605 | ▼ 97% |
| Retained profit | € 2,481,734 | € 2,276,943 | € 2,481,850 | € 2,391,335 | ▼ 4% |
| Dividend | € 217,846 | € 275,535 | € 60,445 | € 0 | ▼ 100% |
| Bank debt | € 83,071 | € 62,230 | € 41,138 | € 19,793 | ▼ 52% |
| Balance sheet total | € 2,955,701 | € 2,992,758 | € 2,655,935 | € 2,475,578 | ▼ 7% |
Key figures of ASTEL, 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 ASTEL?
What happened at ASTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,515 (▼ € 355,867 vs 2024). Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2022 to € 90,515 loss in 2025.
Paid € 321,119 in corporate taxes since 2022.
Best year ever: 2022, with € 2.2 million profit.
Paid out € 553,826 in dividends to the owners in total.
Management
Behind ASTEL is Jan Snyers. It owns 25.2% of Ishtar 365 and 10% of FAST V INC itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Congobergstraat 13
1570 Pajottegem
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.
Details
- Company number
- 0463.904.181
- VAT number
- BE 0463.904.181
- Registered office
- Congobergstraat 13, 1570 Pajottegem
- Names & denominations
- ASTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 July 1998
- Peppol
- Active · Active since 13 Feb 2024
- Activities · NACE
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