Financials
Financial year 2025
AS WORKS from Saint-Georges-sur-Meuse, company number BE0663603823, closed financial year 2025 with a result of € 21,344 after tax. For that financial year AS WORKS recorded a gross margin of € 202,849 and equity of € 155,915. Compared with financial year 2024, the result moved from € 20,452 to € 21,344. Profitable, and profit is growing. 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 April 4, 2026.
€ 155,915
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,344
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 146,345
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 130,369
▼ 16% 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.
€ 30,350
▼ 24% vs 2024
Of which on lease € 18,862.
Debts at end 2025
€ 77,522
▼ 20% vs 2024
€ 9,223 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 17,809
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,848
▲ 123% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 284,037 | € 275,946 | € 231,563 | € 202,849 | ▼ 12% |
| Profit after taxes | € 42,319 | € 26,691 | € 20,452 | € 21,344 | ▲ 4% |
| Equity | € 213,564 | € 239,466 | € 259,632 | € 155,915 | ▼ 40% |
| Total debts | € 192,745 | € 151,002 | € 165,829 | € 226,624 | ▲ 37% |
| Cash | € 71,512 | € 79,291 | € 88,643 | € 146,345 | ▲ 65% |
| Retained profit | € 193,827 | € 220,519 | € 240,971 | € 137,315 | ▼ 43% |
| Dividend | € 0 | € 0 | € 0 | € 125,000 | |
| Bank debt | € 142,908 | € 123,835 | € 97,329 | € 77,522 | ▼ 20% |
| Balance sheet total | € 406,309 | € 390,468 | € 425,461 | € 382,539 | ▼ 10% |
Key figures of AS WORKS, 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 WORKS?
What happened at AS WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,344 (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Saint-Georges-sur-Meuse. KBO
- New establishment in Saint-Georges-sur-Meuse. KBO
- Angelo SALVAGGIO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,319 profit in 2022 to € 21,344 profit in 2025.
Paid € 21,875 in corporate taxes since 2022.
Best year ever: 2022, with € 42,319 profit.
Paid out € 125,000 in dividends to the owners in total.
Management
Behind AS WORKS is Angelo SALVAGGIO.
Directors
According to the 2025 annual accounts
Angelo SALVAGGIO
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Rue Warfusée 8
4470 Saint-Georges-sur-Meuse
Rue Catherine Seret 2
4470 Saint-Georges-sur-Meuse
Active since 1 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0663.603.823
- VAT number
- BE 0663.603.823
- Registered office
- Rue Warfusée 8, 4470 Saint-Georges-sur-Meuse
- Names & denominations
- AS WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2016
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Algemene bouw van andere niet-residentiële gebouwen
Bouwrijp maken van terreinen
Metselwerk
Installatie van isolatie
Algemene elektrotechnische installatiewerken
Slopen
Uitvoeren van metsel- en voegwerken
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