A.S.E.-M.S.E.
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€8,550
▼ 39.0%
-€6,056
▼ €7,104
-€7,147
▼ €6,980
€59,568
▼ 8.4%
51.4%
▲ 1.5 percentage points
2.10
▲ 0.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €62,000 and €350,000.
Balance sheet
balance sheet total €159,962 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
51.4%
Higher than 66% of 22,909 companies in 2025.
2.10
Higher than 65% of 22,039 companies in 2025.
-4.5%
Higher than 24% of 22,189 companies in 2025.
A.S.E.-M.S.E.
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
159,962 | 179,063 | 162,019 | 177,758 | 212,116 | 187,007 | 195,365 | 207,936 | 209,927 | 202,241 | 198,159 | 123,046 | 135,127 | 146,387 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 400 | |
21/28 |
46,302 | 53,789 | 64,514 | 73,001 | 77,904 | 59,122 | 65,092 | 71,414 | 77,259 | 75,677 | 68,967 | 25,101 | 13,779 | 8,741 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | 200 | - | |
22/27 |
46,302 | 53,789 | 64,514 | 73,001 | 77,904 | 59,122 | 65,092 | 71,414 | 77,259 | 75,677 | 68,967 | 25,101 | 13,579 | 8,341 | |
22 |
37,050 | 40,716 | 44,471 | 44,381 | 47,775 | 51,168 | 54,562 | 58,363 | 62,270 | 63,677 | 67,334 | 18,366 | 1,139 | 1,424 | |
23 |
5,287 | 2,952 | 4,934 | 7,095 | 7,770 | 6,035 | 5,633 | 7,052 | 5,989 | - | - | 2,369 | 7,194 | 1,191 | |
24 |
1,848 | 3,376 | 3,736 | 5,523 | 1,730 | 1,920 | 4,897 | 6,000 | 9,000 | 12,000 | 1,633 | 4,366 | 5,246 | 5,726 | |
25 |
2,118 | 6,746 | 11,374 | 16,002 | 20,630 | - | - | - | - | - | - | - | - | - | |
29/58 |
113,660 | 125,275 | 97,505 | 104,757 | 134,213 | 127,885 | 130,273 | 136,521 | 132,668 | 126,564 | 129,192 | 97,945 | 121,348 | 137,646 | |
3 |
15,750 | 10,500 | 9,645 | 10,860 | 10,545 | 10,055 | 11,077 | 12,473 | 21,554 | 15,974 | 18,284 | 25,478 | 25,640 | 22,442 | |
30/36 |
15,750 | 10,500 | 9,645 | 10,860 | 10,545 | 10,055 | 11,077 | 12,473 | 21,554 | 15,974 | 18,284 | 25,478 | 25,640 | 22,442 | |
40/41 |
38,310 | 59,497 | 53,968 | 45,165 | 36,467 | 25,377 | 35,802 | 25,910 | 32,631 | 26,020 | 17,410 | 26,272 | 27,372 | 18,399 | |
40 |
38,299 | 59,469 | 51,869 | 43,161 | 33,455 | 25,373 | 32,834 | 20,487 | 32,631 | 26,020 | 17,410 | 26,272 | 26,564 | 18,399 | |
41 |
11 | 29 | 2,099 | 2,005 | 3,011 | 4 | 2,968 | 5,423 | - | - | - | - | 808 | - | |
54/58 |
55,231 | 50,307 | 29,549 | 44,159 | 83,476 | 88,601 | 79,741 | 98,138 | 78,483 | 84,570 | 93,498 | 46,195 | 68,336 | 96,804 | |
490/1 |
4,370 | 4,970 | 4,344 | 4,573 | 3,725 | 3,852 | 3,653 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
159,962 | 179,063 | 162,019 | 177,758 | 212,116 | 187,007 | 195,365 | 207,936 | 209,927 | 202,241 | 198,159 | 123,046 | 135,127 | 146,387 | |
10/15 |
82,184 | 89,331 | 89,499 | 89,533 | 108,138 | 101,982 | 114,427 | 115,925 | 111,244 | 101,025 | 81,961 | 83,639 | 87,713 | 65,384 | |
10/11 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
100 |
- | - | - | - | - | - | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
13 |
74,427 | 74,427 | 74,427 | 74,427 | 79,427 | 80,726 | 84,427 | 85,925 | 81,244 | 13,000 | - | - | - | - | |
130/1 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,000 | 3,000 | 3,000 | 3,000 | - | - | - | - | |
1311 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 1,299 | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | |
133 |
71,427 | 71,427 | 71,427 | 71,427 | 76,427 | 76,427 | 76,427 | 77,925 | 73,244 | 5,000 | - | - | - | - | |
14 |
-22,243 | -15,095 | -14,928 | -14,894 | -1,288 | -8,744 | - | - | - | 58,025 | 51,961 | 53,639 | 57,713 | 35,384 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 | |
17/49 |
77,778 | 89,732 | 72,520 | 88,225 | 103,978 | 85,025 | 80,938 | 92,011 | 98,683 | 101,216 | 116,199 | 39,407 | 47,414 | 75,003 | |
17 |
22,336 | 28,172 | 33,843 | 39,355 | 44,711 | 49,916 | 54,975 | 59,891 | 64,669 | 69,312 | 73,824 | - | - | - | |
170/4 |
22,336 | 28,172 | 33,843 | 39,355 | 44,711 | 49,916 | 54,975 | 59,891 | 64,669 | 69,312 | 73,824 | - | - | - | |
42/48 |
54,092 | 60,210 | 37,327 | 47,521 | 57,917 | 34,209 | 25,063 | 32,119 | 34,014 | 31,904 | 42,374 | 39,407 | 47,414 | 75,003 | |
42 |
5,836 | 5,671 | 5,512 | 5,356 | 5,205 | 5,059 | 4,916 | 4,778 | 4,643 | 4,512 | 4,385 | - | - | - | |
44 |
11,667 | 11,337 | 2,532 | 10,052 | 11,921 | 7,966 | 3,567 | 15,918 | 10,092 | 2,873 | 1,573 | 5,550 | 8,666 | 1,074 | |
440/4 |
11,667 | 11,337 | 2,532 | 10,052 | 11,921 | 7,966 | 3,567 | 15,918 | 10,092 | 2,873 | 1,573 | 5,550 | 8,666 | 1,074 | |
45 |
22,664 | 24,721 | 26,102 | 24,231 | 26,405 | 20,761 | 13,430 | 9,814 | 17,421 | 12,772 | 23,794 | 21,293 | 8,041 | 20,819 | |
450/3 |
14,639 | 16,696 | 18,077 | 16,206 | 18,380 | 15,411 | 13,430 | 9,814 | 17,421 | 12,772 | 15,989 | 13,487 | 7,134 | 20,819 | |
454/9 |
8,025 | 8,025 | 8,025 | 8,025 | 8,025 | 5,350 | - | - | - | - | 7,805 | 7,805 | 907 | - | |
47/48 |
13,926 | 18,481 | 3,181 | 7,881 | 14,385 | 424 | 3,149 | 1,610 | 1,858 | 11,746 | 12,622 | 12,565 | 30,707 | 53,110 | |
492/3 |
1,350 | 1,350 | 1,350 | 1,350 | 1,350 | 900 | 900 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
8,550 | 14,013 | 15,324 | 1,727 | 20,486 | 628 | 12,209 | 18,753 | 29,377 | 38,414 | 54,146 | 43,576 | 42,735 | 69,904 | |
62 |
- | - | - | - | - | - | - | - | - | 4,394 | 42,782 | 35,321 | - | - | |
630 |
12,337 | 12,009 | 12,099 | 12,178 | 10,884 | 9,670 | 10,067 | 9,044 | 8,404 | 8,290 | 8,759 | 11,577 | 11,428 | 8,610 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 | |
640/8 |
2,269 | 956 | 1,868 | 1,568 | 1,666 | 1,216 | 1,613 | 1,405 | 1,022 | 450 | 1,959 | 859 | 1,752 | 1,760 | |
9901 |
-6,056 | 1,048 | 1,358 | -12,019 | 7,936 | -10,258 | 529 | 8,304 | 19,950 | 25,279 | 646 | -4,181 | 29,555 | 53,534 | |
75/76B |
11 | 51 | 2 | 22 | 61 | 7 | 95 | 310 | 55 | 6 | 64 | 45 | 83 | 47 | |
75 |
11 | 51 | 2 | 22 | 61 | 7 | 95 | 310 | 55 | 6 | 64 | 45 | 83 | 47 | |
65/66B |
1,103 | 1,267 | 1,393 | 1,609 | 1,710 | 1,799 | 2,091 | 2,118 | 2,223 | 2,409 | 2,376 | 68 | 1,106 | 108 | |
65 |
1,103 | 1,267 | 1,393 | 1,609 | 1,710 | 1,799 | 2,091 | 2,118 | 2,223 | 2,409 | 2,376 | 68 | 1,106 | 108 | |
9903 |
-7,147 | -168 | -34 | -13,605 | 6,287 | -12,050 | -1,466 | 6,496 | 17,783 | 22,877 | -1,667 | -4,204 | 28,532 | 53,474 | |
67/77 |
- | - | - | - | 130 | 395 | 32 | 1,815 | 7,564 | 3,812 | 12 | -130 | 6,203 | 18,090 | |
9904 |
-7,147 | -168 | -34 | -13,605 | 6,157 | -12,445 | -1,498 | 4,681 | 10,219 | 19,065 | -1,678 | -4,074 | 22,329 | 35,384 | |
789 |
- | - | - | - | 1,299 | 3,701 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | 5,000 | - | - | - | - | |
9905 |
-7,147 | -168 | -34 | -13,605 | 7,456 | -8,744 | -1,498 | 4,681 | 10,219 | 14,065 | -1,678 | -4,074 | 22,329 | 35,384 | |
| Appropriation of the result | |||||||||||||||
9906 |
-22,243 | -15,095 | -14,928 | -14,894 | -1,288 | -8,744 | -1,498 | 4,681 | 68,244 | 66,025 | 51,961 | 53,639 | 57,713 | 35,384 | |
14P |
-15,095 | -14,928 | -14,894 | -1,288 | -8,744 | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | 5,000 | - | - | 1,498 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 4,681 | 68,244 | 8,000 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 3,000 | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | 4,681 | 68,244 | 5,000 | - | - | - | - | |
694/7 |
- | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | 1 | 1 | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 1,820 | 1,820 | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00215991 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00250705 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00228535 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00371162 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20213917 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-50800352 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47300411 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56300580 | |
| 31-12-2017 | micro format | 27-08-2018 | 2018-51000556 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-51000220 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55000320 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-51900414 | |
| 31-12-2013 | abbreviated format | 04-08-2014 | 2014-40000055 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-57100397 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,281 | 13,058 | 13,457 | 159 | 18,820 | -588 | 10,596 | 17,348 | 28,354 | 33,569 | 9,405 | 7,396 | 40,983 | 62,144 | ||
| 5,189 | 11,841 | 12,065 | -1,428 | 17,040 | -2,775 | 8,569 | 13,725 | 18,623 | 27,355 | 7,081 | 7,503 | 33,757 | 43,993 | ||
| 4,850 | 1,284 | 3,611 | 7,275 | 29,665 | 3,701 | 3,744 | 3,200 | 9,986 | 14,000 | 76,524 | 22,899 | 16,466 | 16,351 | ||
| 4,924 | 20,759 | -14,611 | -39,316 | -5,125 | 8,860 | -18,397 | 19,655 | -6,087 | -8,927 | 47,303 | -22,141 | -28,468 | - | ||
| 59,568 | 65,064 | 60,178 | 57,236 | 76,295 | 93,676 | 105,210 | 104,402 | 98,654 | 94,660 | 86,818 | 58,538 | 73,934 | 62,643 | ||
| 51.4% | 49.9% | 55.2% | 50.4% | 51.0% | 54.5% | 58.6% | 55.8% | 53.0% | 50.0% | 41.4% | 68.0% | 64.9% | 44.7% | ||
| 2.10 | 2.08 | 2.61 | 2.20 | 2.32 | 3.74 | 5.20 | 4.25 | 3.90 | 3.97 | 3.05 | 2.49 | 2.56 | 1.84 | ||
| 1.81 | 1.91 | 2.35 | 1.98 | 2.14 | 3.44 | 4.76 | 3.86 | 3.27 | 3.47 | 2.62 | 1.84 | 2.02 | 1.54 | ||
| 0.95 | 1.00 | 0.81 | 0.99 | 0.96 | 0.83 | 0.71 | 0.79 | 0.89 | 1.00 | 1.42 | 0.47 | 0.54 | 1.15 | ||
| -8.7% | -0.2% | 0.0% | -15.2% | 5.7% | -12.2% | -1.3% | 4.0% | 9.2% | 18.9% | -2.0% | -4.9% | 25.5% | 54.1% | ||
| -4.5% | -0.1% | 0.0% | -7.7% | 2.9% | -6.7% | -0.8% | 2.3% | 4.9% | 9.4% | -0.8% | -3.3% | 16.5% | 24.2% | ||
| 5.69 | 10.31 | 9.66 | 0.10 | 11.01 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,850 | €1,284 | €3,611 | €7,275 | €29,665 |
| €12,337 | €12,009 | €12,099 | €12,178 | €10,884 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on A.S.E.-M.S.E.
The operating result for 2025 is a loss of €6,056, after a profit of €1,048 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total falls from 50.1% to 48.6%. Equity and debt are lower.