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ASE METALS

Active
Public limited companyfounded 196956 yrs activeMolenbergstraat 10, 2000 Antwerpen, BelgiumKBO/BCE: BE 0406.940.338
Summary

ASE METALS has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.9m and a net result of €1.8m. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability39▼-1
Solvency48▲+4
Growth79▲+2
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.26 in 2024; short-term debt: 75.7% and cash: 1.4% of total assets), and 76.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 56 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.2%
Return on assets
3.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-06-2026, 48 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
48 d early
2024
on the day
2023
78 d early
2022
49 d early
2021
52 d early
2020
31 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ASE METALS was incorporated on 30 December 1969.1 In 2017 the company absorbed OVERSEAS SHIPPERS by merger.2 The registered office was moved to Antwerpen in 2020.3 In 2024 the capital was increased by EUR 122,500 to EUR 184,500.4 The board currently has 3 members; E. Peter Komrowski has served longest, since 2020.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-01-2018
  3. 3Belgian State Gazette, 24-06-2020
  4. 4Belgian State Gazette, 01-08-2024
  5. 5Belgian State Gazette, 03-11-2020

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Financials · fiscal year 2025, full schema

Turnover
€180.6m▲ 20.9%
2024 · €149.4m
EBIT margin
3.8%▼ 0.6pp
2024 · 4.3%
Net result
€1.8m▼ 44.4%
2024 · €3.2m
Working capital
€13.0m▼ 0.4%
2024 · €13.1m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€133.3m▲ 48.5%€111.7m▼ 16.2%€121.7m▲ 9.0%€149.4m▲ 22.8%€180.6m▲ 20.9%
Operating result€3.9m▲ 44.8%€3.7m▼ 5.1%€4.7m▲ 25.2%€6.5m▲ 38.7%€6.8m▲ 5.4%
Net result€1.8mabove the sector's middle half▼ 50.8%€2.0mabove the sector's middle half▲ 10.2%€1.9mabove the sector's middle half▼ 6.9%€3.2mabove the sector's middle half▲ 68.0%€1.8mabove the sector's middle half▼ 44.4%
EBIT margin2.9%▼ 0.1pp3.3%▲ 0.4pp3.8%▲ 0.5pp4.3%▲ 0.5pp3.8%▼ 0.6pp
Equity€10.4mabove the sector's middle half▲ 7.6%€11.8mabove the sector's middle half▲ 13.7%€12.6mabove the sector's middle half▲ 6.6%€12.1mabove the sector's middle half▼ 4.0%€12.9mabove the sector's middle half▲ 6.5%
Total assets€59.8mabove the sector's middle half▲ 60.8%€52.9mabove the sector's middle half▼ 11.6%€59.1mabove the sector's middle half▲ 11.6%€64.1mabove the sector's middle half▲ 8.6%€55.4mabove the sector's middle half▼ 13.7%
Debt€49.4m▲ 79.5%€41.1m▼ 16.9%€46.5m▲ 13.1%€52.0m▲ 12.0%€42.5m▼ 18.3%
Working capital€11.1mabove the sector's middle half▲ 3.5%€12.2mabove the sector's middle half▲ 9.8%€12.4mabove the sector's middle half▲ 2.1%€13.1mabove the sector's middle half▲ 5.2%€13.0mabove the sector's middle half▼ 0.4%
Solvency17.4%below the sector's middle half▼ 8.6pp22.3%within the sector's middle half▲ 5.0pp21.3%within the sector's middle half▼ 1.0pp18.8%below the sector's middle half▼ 2.5pp23.2%within the sector's middle half▲ 4.4pp
Current ratio1.24within the sector's middle half▼ 0.201.31within the sector's middle half▲ 0.081.28within the sector's middle half▼ 0.041.26within the sector's middle half▼ 0.021.31within the sector's middle half▲ 0.05
Return on assets (ROA)3.1%within the sector's middle half▼ 7.0pp3.8%within the sector's middle half▲ 0.8pp3.2%within the sector's middle half▼ 0.6pp4.9%within the sector's middle half▲ 1.7pp3.2%within the sector's middle half▼ 1.8pp
Staff (FTE)14.1within the sector's middle half▲ 2.2%11.6within the sector's middle half▼ 17.7%12within the sector's middle half▲ 3.4%12.5within the sector's middle half▲ 4.2%15.7within the sector's middle half▲ 25.6%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2024 Net result +68% on 2023. Partial demerger to ASE GROUP, effective 01-01-2024. Partial demerger to ASE HOLDING, effective 01-01-2024.
Result per fiscal year
Operating resultNet result
€0€2.0m€4.0m€6.0mOperating result 2021: €3.9m€3.9mNet result 2021: €1.8m€1.8mOperating result 2022: €3.7m€3.7mNet result 2022: €2.0m€2.0mOperating result 2023: €4.7m€4.7mNet result 2023: €1.9m€1.9mOperating result 2024: €6.5m€6.5mNet result 2024: €3.2m€3.2mOperating result 2025: €6.8m€6.8mNet result 2025: €1.8m€1.8m20212022202320242025€0€2m€4m€6mOperating result 2023: €4.7m€4.7mNet result 2023: €1.9m€1.9mOperating result 2024: €6.5m€6.5mNet result 2024: €3.2m€3.2mOperating result 2025: €6.8m€6.8mNet result 2025: €1.8m€1.8m202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55.4m
Fixed assets €410,343 ▲ 44.8%
Current assets €55.0m ▼ 13.9%
Equity and liabilities €55.4m
Equity €12.9m ▲ 6.5%
Debt €42.5m ▼ 18.3%
Debt's share of the balance-sheet total falls from 81.2% to 76.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6.9m▲
2024 · €6.5m
Cash flow
€1.8m▼
2024 · €3.3m
Quick ratio
1.31▲
2024 · 1.26
Debt to equity
3.30▼
2024 · 4.31
ROE
13.7%▼
2024 · 26.2%
Interest coverage
2.10▲
2024 · 2.00
Debt ≤ 1 year
€41.9m▼
2024 · €50.8m
Debt > 1 year
€500,000▼
2024 · €1.0m
Income taxes
€577,052▲
2024 · €333,618
Staff costs
€1.6m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,678 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.9% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,678 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 79 lines
Balance sheet Code20242025
Assets
Total assets20/58€64.1m€55.4m▼
Fixed assets21/28€283,304€410,343▲
Tangible fixed assets22/27€283,304€410,343▲
Furniture and vehicles24€152,015€303,362▲
Other tangible fixed assets26€131,290€106,982▼
Current assets29/58€63.9m€55.0m▼
Stocks and contracts in progress3€4,412€9,421▲
Contracts in progress37€4,412€9,421▲
Amounts receivable within one year40/41€62.7m€54.1m▼
Trade receivables40€62.1m€54.0m▼
Other amounts receivable41€659,048€90,932▼
Current investments50/53€1,244-
Other investments51/53€1,244-
Cash at bank and in hand54/58€1.1m€781,687▼
Deferred charges and accrued income490/1€9,268€41,059▲
Equity and liabilities
Total equity and liabilities10/49€64.1m€55.4m▼
Equity10/15€12.1m€12.9m▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€12.0m€12.8m▲
Non-distributable reserves130/1€6,451€6,451=
Legal reserve130€6,150€6,150=
Other1319€301€301=
Tax-exempt reserves132€3,218€108,468▲
Distributable reserves133€12.0m€12.7m▲
Amounts payable17/49€52.0m€42.5m▼
Amounts payable after more than one year17€1.0m€500,000▼
Financial debts170/4€1.0m€500,000▼
Subordinated loans170€1.0m€500,000▼
Amounts payable within one year42/48€50.8m€41.9m▼
Current portion of amounts payable after more than one year42€500,000€500,000=
Financial debts43€39.1m€33.4m▼
Credit institutions430/8€39.1m€33.4m▼
Trade debts44€8.8m€6.5m▼
Suppliers440/4€8.8m€6.5m▼
Taxes, remuneration and social security45€189,110€553,135▲
Taxes450/3€18,516€285,515▲
Remuneration and social security454/9€170,594€267,620▲
Other amounts payable47/48€2.2m€979,629▼
Accrued charges and deferred income492/3€273,849€67,643▼
Income statement Code20242025
Operating income70/76A€150.5m€182.4m▲
Turnover70€149.4m€180.6m▲
Other operating income74€1.0m€1.7m▲
Non-recurring operating income76A€2,893€34,042▲
Operating charges60/66A€144.0m€175.6m▲
Goods for resale, raw materials and consumables60€137.9m€168.4m▲
Purchases600/8€137.9m€168.4m▲
Services and other goods61€4.4m€4.5m▲
Remuneration, social security and pensions62€1.1m€1.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84,679€85,776▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€86,552€200,858▲
Other operating charges640/8€346,520€841,676▲
Non-recurring operating charges66A€440-
Operating profit (loss)9901€6.5m€6.8m▲
Financial income75/76B€1.2m€119,474▼
Recurring financial income75€1.2m€119,474▼
Income from financial fixed assets750€798,667-
Income from current assets751€51,433€90,076▲
Other financial income752/9€343,909€29,397▼
Financial charges65/66B€4.2m€4.6m▲
Recurring financial charges65€4.2m€4.6m▲
Debt charges650€3.3m€3.3m=
Other financial charges652/9€874,125€1.3m▲
Profit (loss) for the period before taxes9903€3.5m€2.3m▼
Income taxes67/77€333,618€577,052▲
Taxes670/3€333,618€612,753▲
Tax adjustments and reversals of tax provisions77-€35,701
Profit (loss) for the period9904€3.2m€1.8m▼
Transfer to tax-exempt reserves689-€105,250
Profit (loss) for the period to be appropriated9905€3.2m€1.7m▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.2m€1.7m▼
Transfer to equity691/2€1.0m€675,678▼
To the legal reserve6920€784-
To other reserves6921€1.0m€675,678▼
Profit to be distributed694/7€2.1m€980,000▼
Return on contributions (dividend)694€2.0m€800,000▼
Employees696€144,256€180,000▲
Social balance
Average headcount (FTE)908712.515.7▲

The notes to these accounts (61 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€134.1m€112.8m€121.6m€150.5m€182.4m▲ 21.2%
Turnover70€133.3m€111.7m€121.7m€149.4m€180.6m▲ 20.9%
Change in stocks of work in progress, finished goods and contracts in progress71€114,318€306,070-€448,182---
Other operating income74€706,573€774,717€375,632€1.0m€1.7m▲ 65.1%
Non-recurring operating income76A€9,720€11,994€15,363€2,893€34,042▲ 1,077%
Operating charges60/66A€130.2m€109.0m€117.0m€144.0m€175.6m▲ 21.9%
Goods for resale, raw materials and consumables60€124.1m€104.3m€112.0m€137.9m€168.4m▲ 22.1%
Purchases600/8€124.1m€104.3m€112.0m€137.9m€168.4m▲ 22.1%
Services and other goods61€4.5m€3.5m€3.6m€4.4m€4.5m▲ 1.7%
Remuneration, social security and pensions62€1.3m€1.1m€1.1m€1.1m€1.6m▲ 36.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128,974€126,383€94,368€84,679€85,776▲ 1.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€318,225€15,690€73,655€86,552€200,858▲ 132%
Other operating charges640/8€475,662€112,756€457€346,520€841,676▲ 143%
Non-recurring operating charges66A---€440--
Operating profit (loss)9901€3.9m€3.7m€4.7m€6.5m€6.8m▲ 5.4%
Financial income75/76B€846,672€989,023€876,486€1.2m€119,474▼ 90.0%
Recurring financial income75€846,672€366,970€876,486€1.2m€119,474▼ 90.0%
Income from financial fixed assets750€702,000€270,000€720,000€798,667--
Income from current assets751€144,672€95,227€113,012€51,433€90,076▲ 75.1%
Other financial income752/9-€1,743€43,474€343,909€29,397▼ 91.5%
Non-recurring financial income76B-€622,053----
Financial charges65/66B€2.5m€2.3m€3.3m€4.2m€4.6m▲ 10.6%
Recurring financial charges65€2.5m€2.3m€3.3m€4.2m€4.6m▲ 10.6%
Debt charges650€777,536€1.3m€2.6m€3.3m€3.3m=
Other financial charges652/9€1.8m€933,958€675,080€874,125€1.3m▲ 50.1%
Profit (loss) for the period before taxes9903€2.2m€2.4m€2.3m€3.5m€2.3m▼ 33.3%
Income taxes67/77€391,721€418,255€374,823€333,618€577,052▲ 73.0%
Taxes670/3€392,187€418,255€390,181€333,618€612,753▲ 83.7%
Tax adjustments and reversals of tax provisions77€466-€15,358-€35,701-
Profit (loss) for the period9904€1.8m€2.0m€1.9m€3.2m€1.8m▼ 44.4%
Transfer to tax-exempt reserves689----€105,250-
Profit (loss) for the period to be appropriated9905€1.8m€2.0m€1.9m€3.2m€1.7m▼ 47.8%
Line20212022202320242025Change
Assets
Total assets20/58€59.8m€52.9m€59.1m€64.1m€55.4m▼ 13.7%
Fixed assets21/28€1.9m€1.8m€1.8m€283,304€410,343▲ 44.8%
Tangible fixed assets22/27€404,755€328,541€298,003€283,304€410,343▲ 44.8%
Furniture and vehicles24€211,167€154,652€143,849€152,015€303,362▲ 99.6%
Other tangible fixed assets26€193,587€173,889€154,154€131,290€106,982▼ 18.5%
Financial fixed assets28€1.5m€1.5m€1.5m---
Companies linked by participating interests282/3€1.5m€1.5m€1.5m---
Participating interests282€1.5m€1.5m€1.5m---
Current assets29/58€57.9m€51.1m€57.3m€63.9m€55.0m▼ 13.9%
Stocks and contracts in progress3€160,712€466,782€18,600€4,412€9,421▲ 114%
Contracts in progress37€160,712€466,782€18,600€4,412€9,421▲ 114%
Amounts receivable within one year40/41€57.5m€48.4m€52.0m€62.7m€54.1m▼ 13.7%
Trade receivables40€57.2m€48.1m€51.7m€62.1m€54.0m▼ 12.9%
Other amounts receivable41€306,896€297,886€290,971€659,048€90,932▼ 86.2%
Current investments50/53--€2.0m€1,244--
Other investments51/53--€2.0m€1,244--
Cash at bank and in hand54/58€309,010€2.2m€3.3m€1.1m€781,687▼ 30.3%
Deferred charges and accrued income490/1€16,267€62,864€21,266€9,268€41,059▲ 343%
Equity and liabilities
Total equity and liabilities10/49€59.8m€52.9m€59.1m€64.1m€55.4m▼ 13.7%
Equity10/15€10.4m€11.8m€12.6m€12.1m€12.9m▲ 6.5%
Contributions10/11€62,000€62,000€62,000€61,500€61,500=
Capital10€62,000€62,000€62,000€61,500€61,500=
Issued capital100€62,000€62,000€62,000€61,500€61,500=
Reserves13€10.3m€11.8m€12.5m€12.0m€12.8m▲ 6.5%
Non-distributable reserves130/1€6,547€6,547€6,547€6,451€6,451=
Legal reserve130€6,200€6,200€6,200€6,150€6,150=
Other1319€347€347€347€301€301=
Tax-exempt reserves132€3,718€3,718€3,718€3,218€108,468▲ 3,270%
Distributable reserves133€10.3m€11.7m€12.5m€12.0m€12.7m▲ 5.6%
Amounts payable17/49€49.4m€41.1m€46.5m€52.0m€42.5m▼ 18.3%
Amounts payable after more than one year17€2.5m€2.0m€1.5m€1.0m€500,000▼ 50.0%
Financial debts170/4€2.5m€2.0m€1.5m€1.0m€500,000▼ 50.0%
Subordinated loans170€2.5m€2.0m€1.5m€1.0m€500,000▼ 50.0%
Amounts payable within one year42/48€46.9m€38.9m€44.9m€50.8m€41.9m▼ 17.4%
Current portion of amounts payable after more than one year42€500,000€500,000€500,000€500,000€500,000=
Financial debts43€39.9m€33.6m€36.9m€39.1m€33.4m▼ 14.5%
Credit institutions430/8€39.9m€33.6m€36.9m€39.1m€33.4m▼ 14.5%
Trade debts44€4.1m€4.0m€6.1m€8.8m€6.5m▼ 26.2%
Suppliers440/4€4.1m€4.0m€6.1m€8.8m€6.5m▼ 26.2%
Advances received on contracts in progress46€477,523-----
Taxes, remuneration and social security45€713,924€214,196€224,275€189,110€553,135▲ 192%
Taxes450/3€578,983€58,987€87,500€18,516€285,515▲ 1,442%
Remuneration and social security454/9€134,941€155,209€136,775€170,594€267,620▲ 56.9%
Other amounts payable47/48€1.1m€602,000€1.1m€2.2m€979,629▼ 55.6%
Accrued charges and deferred income492/3€84,760€154,101€101,731€273,849€67,643▼ 75.3%
Line20212022202320242025Change
Profit (loss) for the period9904€1.8m€2.0m€1.9m€3.2m€1.8m▼ 44.4%
+ Depreciation and write-downs630€128,974€126,383€94,368€84,679€85,776▲ 1.3%
Operating cash flow (approximation)€2.0m€2.2m€2.0m€3.3m€1.8m▼ 43.2%
Investment in fixed assets (approximation)--€31,579-€63,830€1.4m-€212,815▼ 115%
Change in cash-€1.9m€1.1m-€2.2m-€340,237▲ 84.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
24-10
State Gazette act Reappointment: Moore Audit BV (statutory auditor)
Permanent representative: Bart Dauwen3 facts ▸
  • General meeting, 13-06-2025
  • Auditor reappointment, Moore Audit BV
  • Permanent representative, Bart Dauwen
31-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
01-08
State Gazette act Capital & shares
Capital increase · Demerger · Accounting effect20 facts ▸
  • General meeting, 18-07-2024
  • Capital increase, €122.500
  • Demerger, partielle splitsing door oprichting, EUR
  • Demerger, partielle splitsing door oprichting, EUR
  • Accounting effect, 01-01-2024
  • Capital decrease, €123.000
  • Capital, €61.500
  • Power of attorney, Moore Finance & Tax
  • Split proposal publication, 02-07-2024
  • Demerger contribution, 0685.626.682, TRANSMARE CHEMIE INTERNATIONAL NV
  • Demerger contribution, 0435.913.050, TRANSMARE CHEMIE NV
  • Demerger contribution, 0430.252.309, ASE CHEMICALS NV
  • +8 further facts in this act
02-07
State Gazette act Restructuring · Miscellaneous
Demerger · Capital · Board composition17 facts ▸
  • Demerger, partiele splitsing door oprichting
  • Capital, €62.000
  • Board composition, Ernst Peter Komrowski (director)
  • Board composition, Ernst Thomas Komrowski (director)
  • Board composition, Robert Andries (director)
  • Share issue, 1469231.91
  • Share issue, 62001.0
  • Accounting effect, 01-01-2024
  • Asset transfer, 20000.0
  • Asset transfer, 148736.12
  • Asset transfer, 495.79
  • Asset transfer, 1300000.0
  • +5 further facts in this act
83.5% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
14-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
20-11
State Gazette act Capital & shares · Statutes amendment
Power of attorney · Share nature determination4 facts ▸
  • General meeting, 14-11-2023
  • Statutes amendment
  • Power of attorney, Moore Finance & Tax
  • Share nature determination, Alle bestaande aandelen en effecten op naam ingeschreven in het register van effecten; geen gedematerialiseerde aandelen of aandelen aan toonder meer
12-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
19-08
State Gazette act Appointment: Moore Audit BV (statutory auditor)
Permanent representative: Bart Dauwen3 facts ▸
  • General meeting, 25-04-2022
  • Auditor appointment, Moore Audit BV (statutory auditor)
  • Permanent representative, Bart Dauwen
09-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €10mEq €10.4m ▲7.6%
4 profitable years in a row build equity to €10.4m.
09-07
State Gazette act Reappointment: Robert Andries (director)
Resignation: Philippe Wibaut (director) · Power of attorney6 facts ▸
  • General meeting, 31-05-2021
  • Director reappointment, Robert Andries (director)
  • Power of attorney, Moore Finance & Tax BV
  • Board meeting, 31-05-2021
  • Director resignation, Philippe Wibaut (director (executive))
  • Power of attorney, Philippe Wibaut
Show earlier events
30-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €3.7m ▲411%
Net result €3.7m, the highest in the series.
03-11
State Gazette act Reappointments: E. Thomas Komrowski (director) and E. Peter Komrowski (director)
Power of attorney7 facts ▸
  • General meeting, 28-05-2020
  • Director reappointment, E. Thomas Komrowski (director)
  • Director reappointment, E. Peter Komrowski (director)
  • Power of attorney, Moore Finance & Tax BV
  • Board meeting, 28-05-2020
  • Director reappointment, E. Thomas Komrowski (managing director)
  • Power of attorney, Moore Finance & Tax BV
01-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
24-06
State Gazette act Reappointment: Ernst en Young Bedrijfsrevisoren BCVBA (statutory auditor)
Appointment: Moore Stephens Audit CVBA (statutory auditor) · Permanent representative: Bart Dauwen · Registered-office move7 facts ▸
  • General meeting, 06-09-2019
  • Auditor reappointment, Ernst en Young Bedrijfsrevisoren BCVBA
  • Auditor appointment, Moore Stephens Audit CVBA (statutory auditor)
  • Permanent representative, Bart Dauwen
  • Board meeting, 30-04-2020
  • Registered-office move, Theaterbuilding, Molenbergstraat 10 bus 26, 2000 Antwerpen
  • Power of attorney, Moore Finance & Tax BV
24-01
State Gazette act Resignation: Gustaaf Van Turnhout (director)
Power of attorney6 facts ▸
  • Board meeting, 05-12-2019
  • Power of attorney, Gustaaf Van Turnhout
  • Power of attorney, Erik Rottiers
  • Power of attorney, Philippe Leclef
  • Power of attorney, Mohamed Fitouri
  • Director resignation, Gustaaf Van Turnhout
2019
31-12
Financial Weakest financial yearnet €730,818 ▼57.9%
Net result drops to €730,818, the lowest in the series; recovery starts the following year.
03-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
24-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
24-01
State Gazette act Purpose · Statutes amendment · Restructuring
Merger · Dissolution · Accounting effect8 facts ▸
  • General meeting, 27-12-2017
  • Merger, fusion by absorption, vereniging van alle aandelen in één hand
  • Dissolution, 27-12-2017
  • Accounting effect, 01-01-2018
  • Purpose change, De vennootschap heeft tot doel: - de import, de export en de handel - ook op commissie - in alle metalen en in alle producten en materialen bestemd voor nijverh…
  • Statutes amendment
  • Power of attorney
  • Power of attorney, SWEERMAN Sabine
2017
27-11
State Gazette act Resignations & appointments · Restructuring
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor) · Permanent representatives: Robert Boons and Yvan Castelein · Mandate compensation11 facts ▸
  • General meeting, 24-04-2015
  • Mandate compensation, Robert Andries
  • General meeting, 22-04-2016
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
  • Permanent representative, Robert Boons
  • Permanent representative, Yvan Castelein
  • Merger, 26-10-2017
  • Accounting effect, 01-01-2018
  • Capital, €62.000
  • Capital, €100.000
  • Merger qualification, geruisloze fusie
26-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
18-02
State Gazette act Appointment: Sabine Sweerman (director)
Power of attorney · Officer authority change6 facts ▸
  • Board meeting, 04-02-2015
  • Power of attorney, Herbert Llegems
  • Power of attorney, Bart Truyen (volmachtdrager)
  • Power of attorney, Gustaaf Van Turnhout (volmachtdrager)
  • Director appointment, Sabine Sweerman (director (executive))
  • Officer authority change, Philippe Wibaut
08-01
State Gazette act Reappointments: Ernst-Peter Komrowski (director) and Ernst Thomas Komrowski (director)
Resignation: Ernst-Peter Komrowski (managing director) · Appointment: Ernst Thomas Komrowski (managing director) · Power of attorney10 facts ▸
  • General meeting, 10-12-2014
  • Director reappointment, Ernst-Peter Komrowski (director)
  • Director reappointment, Ernst Thomas Komrowski (director)
  • Power of attorney, HVG Advocaten/avocats BCVBA
  • Board meeting, 10-12-2014
  • Director resignation, Ernst-Peter Komrowski (managing director)
  • Director appointment, Ernst Thomas Komrowski (managing director)
  • Power of attorney, HVG Advocaten/avocats BCVBA
  • Power of attorney, AD-Ministerie BVBA
  • Power of attorney, AD-Ministerie BVBA
2014
10-02
State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
  • General meeting, 25-04-2013
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
2013
17-05
State Gazette act Resignation: Wolfgang Eilers (director)
2 facts ▸
  • General meeting, 29-04-2013
  • Director resignation, Wolfgang Eilers (director)
16-05
State Gazette act Appointment: Yvan Castelein (commercieel directeur)
2 facts ▸
  • Board meeting, 28-02-2013
  • Director appointment, Yvan Castelein (commercieel directeur)
2012
05-07
State Gazette act Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 27-04-2012
  • Power of attorney, François Van Camp
  • Power of attorney, Mathieu Vinken
2011
11-05
State Gazette act Reappointment: Robert Andries (director)
Mandate compensation3 facts ▸
  • General meeting, 25-04-2011
  • Director reappointment, Robert Andries (director)
  • Mandate compensation, Robert Andries
2010
04-05
State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
  • General meeting, 23-04-2010
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
2003
23-06
State Gazette act Restructuring · Miscellaneous
26-05
State Gazette act Reappointments: Ernst Peter Komrowski (director) and Silke Reichel (director)
Mandate compensation7 facts ▸
  • General meeting, 03-04-2003
  • Director reappointment, Ernst Peter Komrowski (director)
  • Director reappointment, Silke Reichel (director)
  • Mandate compensation, Ernst Peter Komrowski
  • Mandate compensation, Silke Reichel
  • Board meeting, 03-04-2003
  • Director reappointment, Ernst Peter Komrowski (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
21 of 21 acts read

Directors · office · real estate

Directors
3 directors, 1 in day-to-day management, last change in 2021

Board 3

E. Peter Komrowski
Director · since 28-05-2020
Current
E. Thomas Komrowski
Director · since 28-05-2020
Current
Robert Andries
Director · since 03-04-2021
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Ernst Thomas Komrowski
Director · since 31-05-2014
Not recently confirmed
Ernst-Peter Komrowski
Director · since 31-05-2014
Not recently confirmed
Not recently confirmed

Day-to-day management 1

E. Thomas Komrowski
Managing director · since 28-05-2020
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Ernst Thomas Komrowski
Managing director · since 31-05-2014
Not recently confirmed
Ernst-Peter Komrowski
Managing director
Not recently confirmed

Statutory auditor 1

Moore Audit
Auditor · since 25-04-2022 · perm. rep.: Bart Dauwen
Current

Other functions 2

Yvan Castelein
Commercieel directeur · since 01-03-2013
Not recently confirmed
SWEERMAN Sabine
Director (executive) · since 04-02-2015
Not recently confirmed
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1970
seat establishment The establishment unit on the map
Ground area
1,888 m²
Building footprint
457 m²
Volume, LiDAR
23,820 m³
Parcel 11802B1460/00E000, Flanders · tallest building 79.3 m, ±23 floors. Linked by address, not a title deed.
62 companies at this address See who is registered here
1 establishment unit
ASE METALS
Molenbergstraat 10, 2000 AntwerpenWholesale of motor vehicle parts and accessories
since 19702.005.737.393
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11802B1460/00E000 Flanders 1,888 m² 1 · 457 m² 79.3 m · 23 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

14 people since 2003, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Robert Andries
  • Director, already before 11-05-2011 to date
E. Peter Komrowski
  • Director, already before 28-05-2020 to date
E. Thomas Komrowski
  • Director, already before 28-05-2020 to date
  • Managing director, already before 28-05-2020 to date
Moore Audit
  • Auditor, from 25-04-2022 to date
Ernst-Peter Komrowski
  • Director, already before 26-05-2003 not ended, last confirmed 08-01-2015
  • Managing director, already before 26-05-2003 to 31-05-2014
  • Managing director, already before 26-05-2003 not ended, last confirmed 26-05-2003
Silke Reichel
  • Director, already before 26-05-2003 not ended, last confirmed 26-05-2003
Ernst Thomas Komrowski
  • Director, already before 31-05-2014 not ended, last confirmed 08-01-2015
  • Managing director, from 31-05-2014 not ended, last confirmed 08-01-2015
Yvan Castelein
  • Commercieel directeur, from 01-03-2013 not ended, last confirmed 16-05-2013
SWEERMAN Sabine
  • Director (executive), from 04-02-2015 not ended, last confirmed 18-02-2015
Moore Stephens Audit CVBA
  • Statutory auditor, from 06-09-2019 to 25-04-2022
Philippe Wibaut
  • Director (executive), until 30-06-2021
Gustaaf Van Turnhout
  • Board, until 14-01-2020
BCVBA Ernst en Young bedrijfsrevisoren
  • Auditor, from 23-04-2010 to 06-09-2019
Wolfgang Eilers
  • Director, until 29-04-2013
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot voorwerp: - de import, de export en de handel - ook op commissie - in alle metalen en in alle producten en materialen bestemd voor nijverheids- en…
Full purpose

De vennootschap heeft tot voorwerp: - de import, de export en de handel - ook op commissie - in alle metalen en in alle producten en materialen bestemd voor nijverheids- en bouwondernemingen, alsmede in chemicaliën en goederen van alle aard; alle verrichtingen in verband met de scheepvaart en het vervoer van goederen... [full text omitted for brevity in thought, present in quote]

Structure & network

Owners and holdings

2 owners · 5 holdings

Chain of control

  1. ASE GROUP 100%
  2. ASE METALS

Highest known parent: ASE GROUP. The sources do not say who stands above it.

Owners 2

Holdings 5

According to the 2023 annual accounts of ASE METALS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Acquisitions and mergers

3 transactions
BE 0404.547.507merger by absorption · State Gazette act of 24-01-2018 (2 acts) · effective 26-10-2017
Split off to:ASE GROUP
partial demerger · State Gazette act of 01-08-2024 · effective 01-01-2024
Split off to:ASE HOLDING
partial demerger · State Gazette act of 01-08-2024 (2 acts) · effective 01-01-2024

Capital and shareholders

Shareholders according to the acts

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 01-08-2024 Capital increase of 122,500 EUR · to 184,500 EUR · no new shares · from reserves
  2. 01-08-2024 Capital reduction of 123,000 EUR · to 61,500 EUR · in a demerger
  3. 02-07-2024 Capital stated in 2 acts · 62,000 EUR · 100 shares

Recognitions · licences · registrations

Legal Entity Identifier

549300ZW2HHJUGM6DI73
live in the LEI register

Similar companies · same sector, comparable size

Of 734 companies in sector 46820 we hold annual accounts for 388. 174 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-1969
Fiscal year end31-12
Activities, NACEBEL 2025
46820Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0406940338
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.