ASTER
Annual accounts 2025
micro format, filed on 18-06-2026, 43 days before the deadlineMoney flows
of every €100 of turnover, €20.05 was lost in 2025Balance sheet
balance sheet total €59,065 on 31-12-2025in euro
in euro
Position in the sector
-469.2%
Lower than 95% of 9,471 companies in 2025.
0.07
Lower than 95% of 9,219 companies in 2025.
-9.3%
Higher than 13% of 9,291 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
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 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
59,065 | 50,998 | 21,541 | 25,412 | 98,468 | 115,271 | 131,341 | 147,407 | 165,945 | 183,021 | 202,951 | 223,246 | 238,948 | 263,289 | 284,919 | 309,617 | 357,759 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 104 | 311 | 518 | 725 | |
21/28 |
38,679 | 33,824 | 11,877 | 24,759 | 96,172 | 113,005 | 130,093 | 147,218 | 165,420 | 182,978 | 200,783 | 219,612 | 236,718 | 260,416 | 282,500 | 308,682 | 249,746 | |
22/27 |
38,679 | 33,824 | 11,877 | 24,759 | 96,172 | 113,005 | 130,093 | 147,218 | 165,420 | 182,978 | 200,783 | 219,612 | 236,718 | 260,312 | 282,189 | 308,164 | 249,021 | |
22 |
- | - | - | 3,160 | 81,795 | 91,301 | 100,806 | 110,309 | 119,811 | 129,314 | 138,816 | 148,319 | 157,821 | 169,314 | 182,796 | 196,279 | 209,762 | |
23 |
35,381 | 26,776 | 1,079 | - | - | - | - | - | - | - | - | - | - | 40 | 121 | 202 | 283 | |
24 |
3,298 | 7,048 | 10,798 | 14,548 | - | - | - | 38 | 76 | 113 | 151 | 189 | 227 | 2,989 | 8,476 | 14,077 | 19,414 | |
26 |
- | - | - | 7,051 | 14,377 | 21,704 | 29,287 | 36,872 | 45,533 | 53,551 | 61,816 | 71,105 | 78,670 | 87,969 | 90,796 | 97,606 | 19,562 | |
29/58 |
20,386 | 17,174 | 9,664 | 654 | 2,296 | 2,266 | 1,248 | 189 | 525 | 43 | 2,168 | 3,634 | 2,230 | 2,873 | 2,419 | 935 | 108,013 | |
3 |
7,155 | 5,855 | 7,154 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
7,155 | 5,855 | 7,154 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
11,681 | 9,897 | 1,776 | - | - | - | - | - | - | - | - | - | - | - | 1,825 | - | 107,482 | |
40 |
9,800 | 9,602 | 1,701 | - | - | - | - | - | - | - | - | - | - | - | 1,825 | - | - | |
41 |
1,881 | 295 | 75 | - | - | - | - | - | - | - | - | - | - | - | - | - | 107,482 | |
54/58 |
876 | 1,422 | 734 | 92 | 1,256 | 2,266 | 1,248 | 189 | 525 | 43 | 1,986 | 3,453 | 169 | 170 | - | - | - | |
490/1 |
675 | - | - | 562 | 1,040 | - | - | - | - | - | 182 | 181 | 2,060 | 2,703 | 594 | 935 | 531 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
59,065 | 50,998 | 21,541 | 25,412 | 98,468 | 115,271 | 131,341 | 147,407 | 165,945 | 183,021 | 202,951 | 223,246 | 238,948 | 263,289 | 284,919 | 309,617 | 357,759 | |
10/15 |
-277,145 | -271,651 | -289,296 | -288,207 | -371,183 | -362,884 | -353,717 | -276,187 | -278,657 | -263,514 | -235,588 | -202,680 | -176,620 | -153,738 | -118,848 | -75,828 | -41,078 | |
10/11 |
19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 7,000 | |
10 |
- | - | - | - | 19,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,000 | |
14 |
-296,145 | -290,651 | -308,296 | -307,207 | -390,183 | -381,884 | -372,717 | -295,187 | -297,657 | -282,514 | -254,588 | -221,680 | -195,620 | -172,738 | -137,848 | -94,828 | -48,078 | |
17/49 |
336,210 | 322,650 | 310,837 | 313,620 | 469,651 | 478,155 | 485,058 | 423,594 | 444,602 | 446,535 | 438,540 | 425,926 | 415,567 | 417,028 | 403,767 | 385,445 | 398,837 | |
17 |
47,254 | 63,867 | 63,607 | 78,599 | 239,105 | 265,573 | 290,093 | 290,539 | 264,241 | 264,241 | 264,241 | 264,241 | 282,143 | 299,086 | 318,802 | 339,259 | 364,692 | |
170/4 |
47,254 | 63,867 | 63,607 | 78,599 | 239,105 | 265,573 | 290,093 | 290,539 | 264,241 | 264,241 | 264,241 | 264,241 | 282,143 | 299,086 | 318,802 | 339,259 | 364,692 | |
42/48 |
288,955 | 258,783 | 246,117 | 234,370 | 229,397 | 212,582 | 194,965 | 132,455 | 180,361 | 182,294 | 174,299 | 161,685 | 133,425 | 117,942 | 84,965 | 46,186 | 32,852 | |
42 |
16,612 | 20,912 | 14,992 | 13,175 | 26,469 | 24,520 | 22,714 | - | 60,480 | 82,825 | 82,825 | 82,825 | 64,923 | 49,886 | 35,450 | 23,241 | 10,367 | |
43 |
8,292 | 9,286 | 9,195 | 6,999 | 9,183 | 6,295 | - | - | - | - | - | - | - | 3 | 26 | 22 | 30 | |
430/8 |
8,292 | 9,286 | 9,195 | 6,999 | 9,183 | 6,295 | - | - | - | - | - | - | - | 3 | 26 | 22 | 30 | |
44 |
7,614 | 4,399 | 2,112 | 391 | 381 | 404 | 2,653 | 2,245 | 2,000 | 56 | 2,047 | 821 | 0 | 753 | 3,057 | 13,986 | 1,980 | |
440/4 |
7,614 | 4,399 | 2,112 | 391 | 381 | 404 | 2,653 | 2,245 | 2,000 | 56 | 2,047 | 821 | 0 | 753 | 3,057 | 13,986 | 1,980 | |
45 |
217 | 1,118 | 207 | - | - | - | - | - | - | 129 | 110 | 82 | 82 | 167 | - | - | - | |
450/3 |
217 | 1,118 | 207 | - | - | - | - | - | - | 129 | 110 | 82 | 82 | 167 | - | - | - | |
47/48 |
256,220 | 223,067 | 219,611 | 213,805 | 193,364 | 181,364 | 169,598 | 130,210 | 117,881 | 99,285 | 89,317 | 77,957 | 68,420 | 67,134 | 46,432 | 8,937 | 20,475 | |
492/3 |
- | 0 | 1,113 | 650 | 1,150 | - | - | 600 | - | - | - | - | - | - | - | - | 1,293 | |
| Income statement | ||||||||||||||||||
70 |
27,397 | 58,380 | 41,250 | 35,979 | 37,880 | 37,920 | 37,400 | 35,158 | 33,463 | 27,821 | 31,279 | - | - | - | - | - | - | |
76A |
- | 0 | 0 | 107,707 | 404 | - | - | - | - | 4,000 | - | - | - | - | - | - | - | |
9900 |
12,377 | 34,051 | 21,671 | 127,419 | 32,980 | 34,547 | 17,615 | 29,702 | 24,914 | 16,153 | 163 | 7,601 | 13,448 | 2,521 | 4,191 | -1,456 | 6,940 | |
60/61 |
17,842 | 24,330 | 19,580 | 16,267 | 5,304 | 3,373 | 19,785 | 5,456 | 8,549 | 15,668 | 31,116 | - | - | - | - | - | - | |
62 |
- | - | - | - | - | - | - | - | 70 | - | - | - | - | - | - | - | - | |
630 |
11,064 | 8,357 | 14,153 | 14,121 | 16,832 | 17,088 | 17,126 | 18,201 | 18,990 | 19,085 | 18,829 | 18,829 | 23,698 | 28,739 | 28,234 | 28,199 | 37,136 | |
640/8 |
634 | 515 | 1,758 | 1,855 | 1,830 | 1,769 | 1,804 | 1,677 | 816 | 1,307 | 1,199 | 1,188 | 1,180 | 1,302 | 1,370 | 1,196 | 2,095 | |
66A |
0 | 17 | 4 | - | 500 | 1,202 | - | - | - | - | 48 | - | - | - | - | - | - | |
9901 |
679 | 25,162 | 5,756 | 111,443 | 13,818 | 14,489 | -1,315 | 9,824 | 5,038 | -4,239 | -19,866 | -12,417 | -11,430 | -27,520 | -25,414 | -30,851 | -32,291 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | 2 | 0 | - | - | - | 11 | - | |
75 |
- | - | - | - | - | - | - | - | - | - | 2 | 0 | - | - | - | 11 | - | |
65/66B |
6,172 | 7,517 | 6,845 | 28,467 | 22,117 | 23,656 | 76,216 | 7,354 | 20,181 | 23,588 | 12,887 | 13,643 | 11,369 | 7,204 | 17,606 | 15,910 | 15,787 | |
65 |
6,172 | 7,517 | 6,845 | 28,467 | 22,117 | 23,656 | 76,216 | 7,354 | 20,181 | 23,588 | 12,887 | 13,643 | 11,369 | 7,204 | 17,606 | 15,910 | 15,787 | |
9903 |
-5,493 | 17,645 | -1,089 | 82,976 | -8,299 | -9,167 | -77,530 | 2,471 | -15,144 | -27,827 | -32,798 | -26,060 | -22,799 | -34,724 | -43,020 | -46,750 | -48,078 | |
67/77 |
- | - | - | - | - | - | - | - | - | 99 | 110 | - | 82 | 167 | - | - | - | |
9904 |
-5,493 | 17,645 | -1,089 | 82,976 | -8,299 | -9,167 | -77,530 | 2,471 | -15,144 | -27,925 | -32,909 | -26,060 | -22,881 | -34,891 | -43,020 | -46,750 | -48,078 | |
9905 |
-5,493 | 17,645 | -1,089 | 82,976 | -8,299 | -9,167 | -77,530 | 2,471 | -15,144 | -27,925 | -32,909 | -26,060 | -22,881 | -34,891 | -43,020 | -46,750 | -48,078 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-296,145 | -290,651 | -308,296 | -307,207 | -390,183 | -381,884 | -372,717 | -295,187 | -297,657 | -282,514 | -254,588 | -221,680 | -195,620 | -172,738 | -137,848 | -94,828 | -48,078 | |
14P |
-290,651 | -308,296 | -307,207 | -390,183 | -381,884 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 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 18-06-2026.
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 | 18-06-2026 | 2026-00178420 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00146555 | |
| 31-12-2023 | micro format | 11-06-2024 | 2024-00129854 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00119261 | |
| 31-12-2021 | micro format | 03-06-2022 | 2022-20045227 | |
| 31-12-2020 | micro format | 02-06-2021 | 2021-16900028 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43300339 | |
| 31-12-2018 | micro format | 19-06-2019 | 2019-20100219 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-52900543 | |
| 31-12-2016 | micro format | 28-06-2017 | 2017-23400043 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-51600468 | |
| 31-12-2014 | full format | 19-01-2016 | 2016-02200143 | |
| 31-12-2013 | full format | 13-10-2014 | 2014-64800001 | |
| 31-12-2012 | full format | 14-10-2013 | 2013-63000342 | |
| 31-12-2011 | full format | 28-09-2012 | 2012-59500048 | |
| 31-12-2010 | full format | 10-11-2011 | 2011-60600580 | |
| 31-12-2009 | full format | 15-11-2010 | 2010-61000004 |
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 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11,743 | 33,519 | 19,909 | 125,564 | 30,650 | 31,577 | 15,811 | 28,026 | 24,028 | 14,846 | -1,036 | 6,413 | 12,268 | 1,219 | 2,821 | -2,652 | 4,845 | ||
| 5,571 | 26,002 | 13,064 | 97,097 | 8,533 | 7,921 | -60,405 | 20,672 | 3,847 | -8,840 | -14,079 | -7,231 | 817 | -6,152 | -14,786 | -18,551 | -10,942 | ||
| 15,920 | 31,340 | 1,271 | 15,000 | 0 | 0 | 0 | 0 | 1,432 | 1,280 | 0 | 1,724 | 0 | 6,759 | 2,052 | 87,135 | 285,845 | ||
| -547 | 688 | 642 | -1,164 | -1,011 | 1,018 | 1,059 | -336 | 482 | -1,943 | -1,467 | 3,284 | -1 | - | - | - | - | ||
| -268,570 | -241,609 | -236,453 | -233,717 | -227,101 | -210,315 | -193,717 | -132,266 | -179,836 | -182,251 | -172,131 | -158,051 | -131,195 | -115,069 | -82,545 | -45,251 | 75,161 | ||
| 2.5% | 43.1% | 14.0% | - | 36.5% | 38.2% | -3.5% | 27.9% | 15.1% | -15.2% | -63.5% | - | - | - | - | - | - | ||
| -469.2% | -532.7% | - | - | -377.0% | -314.8% | -269.3% | -187.4% | -167.9% | -144.0% | -116.1% | -90.8% | -73.9% | -58.4% | -41.7% | -24.5% | -11.5% | ||
| 0.07 | 0.07 | 0.04 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 3.29 | ||
| 0.05 | 0.04 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 3.29 | ||
| -9.3% | 34.6% | -5.1% | 326.5% | -8.4% | -8.0% | -59.0% | 1.7% | -9.1% | -15.3% | -16.2% | -11.7% | -9.6% | -13.3% | -15.1% | -15.1% | -13.4% | ||
| 1.90 | 4.46 | 2.91 | 4.41 | 1.39 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 131 days | 60 days | 15 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 156 days | 66 days | 39 days | 9 days | 26 days | 44 days | 49 days | 150 days | 85 days | 1 day | 24 days | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | €150,000 | €150,000 | €320,000 |
| Carrying value of the mortgaged assets | - | - | €0 | €10,211 | €94,665 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €15,920 | €31,340 | €1,271 | €15,000 | - |
| €11,064 | €8,357 | €14,153 | €14,121 | €16,832 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ASTER
The operating result for 2025 is 97% lower than in 2024 and the lowest since 2019.
Equity is negative. Debt (€336,210) exceeds the balance-sheet total (€59,065).