Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 20.9 to 14.3.
Financials
Financial year 2025
AS-BAU from Büllingen, company number BE0649517542, closed financial year 2025 with a result of € 34,442 after tax. For that financial year AS-BAU recorded a gross margin of € 1.1 million and equity of € 91,629. Compared with financial year 2024, the result moved from € 52,100 to € 34,442. The company is profitable. 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 June 19, 2026.
€ 91,629
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,442
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 211,850
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -57,622.
People and assets in 2025
14.3
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 883,800
▼ 11% vs 2024
€ 61,800 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.
€ 153,661
▲ 23% vs 2024
Of which on lease € 114,855.
Debts at end 2025
€ 320,294
▼ 38% vs 2024
€ 116,145 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 86,930
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,674
▼ 66% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,087,099 | € 1,301,429 | € 1,212,826 | € 1,085,191 | ▼ 11% |
| Profit after taxes | € -335,457 | € 206,080 | € 52,100 | € 34,442 | ▼ 34% |
| Equity | € -162,097 | € 11,517 | € 60,154 | € 91,629 | ▲ 52% |
| Total debts | € 1,780,304 | € 1,014,278 | € 903,472 | € 681,237 | ▼ 25% |
| Cash | € 71,610 | € 28,841 | € 216,630 | € 211,850 | ▼ 2% |
| Land & buildings | € 91,624 | € 44,699 | € 28,270 | € 22,360 | ▼ 21% |
| Retained profit | € -350,245 | € -144,165 | € -92,065 | € -57,622 | ▲ € 34,442 |
| Bank debt | € 1,013,906 | € 616,831 | € 515,916 | € 320,294 | ▼ 38% |
| Balance sheet total | € 1,618,207 | € 1,025,795 | € 963,626 | € 772,866 | ▼ 20% |
| Employees (FTE) | 27.5 | 20.9 | 18.7 | 14.3 | ▼ 4.4 |
Key figures of AS-BAU, 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 AS-BAU?
What happened at AS-BAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ISABELLE HEINRICHS stepped down as director. NBB
- Entwicklungs- und Beteiligungsgesellschaft OSTBELGIENS AG stepped down as director. NBB
- ANDREAS SCHMITZ stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 34,442 (▼ 34% vs 2024). Source: NBB ↗
- ISABELLE HEINRICHS became a director. NBB
- Entwicklungs- und Beteiligungsgesellschaft OSTBELGIENS AG became a director. NBB
- ANDREAS SCHMITZ became a director. NBB
- New establishment in Büllingen. KBO
In short
From € 335,457 loss in 2022 to € 34,442 profit in 2025.
Paid € 1,615 in corporate taxes since 2022.
Best year ever: 2023, with € 206,080 profit.
On average € 75,900 of value added per employee in 2025.
Management
The stake of ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AS-BAUThe shares are held by ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS (27.9%).
Directors
According to the 2025 annual accounts
ISABELLE HEINRICHS
Managing director
since 2025 · until 2031
Entwicklungs- und Beteiligungsgesellschaft OSTBELGIENS AG
Director · represented by Isabel Schlembach
Also active at: Wirtschaftsförderungsgesellschaft Ostbelgiens VoG, BAUMA HC, S.A. JEAN CONVENTS A.G. - ENTREPRISES GENERALES - ALLGEMEINE BAUUNTERNEHMUNG, CONSERVERIE ET MOUTARDERIE BELGE, PROMA, M.B. TRANSPORTS, POLYTEX, LASERFLASH +20 more
since 2025 · until 2031
ANDREAS SCHMITZ
Managing director
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rocherath,Höteschgasse 8
4761 Büllingen
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
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Website info
Features
Security
Details
- Company number
- 0649.517.542
- VAT number
- BE 0649.517.542
- Registered office
- Rocherath,Höteschgasse 8, 4761 Büllingen
- Names & denominations
- AS-BAU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2016
- Peppol
- Active · Active since 26 Sept 2025
- Contact
- as-bau.be [email protected] +3280221907
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwrijp maken van terreinen
Stukadoorswerk
Dakwerkzaamheden
Schrijnwerk
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