Ascend Performance Materials
The computed 12-month bankruptcy probability of Ascend Performance Materials is 0.9% (low). The 2022 annual accounts show equity of €4.12M and a net result of €1.10M. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.12M |
| Net result | €1.10M |
| Staff (FTE) | 63.6 |
| Active | 17 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2022 |
|---|---|
| Revenue | €23.31M |
| EBITDA | €3.86M |
| Net profit | €1.10M |
| Cash flow | €1.20M |
| Staff costs | €11.05M |
| Income taxes | €2.50M |
| Dividends | - |
| Total assets | €10.73M |
| Equity | €4.12M |
| Debt | €6.50M |
| of which ≤ 1y | €6.40M |
| of which > 1y | - |
| Working capital | €3.95M |
| Employees (FTE) | 63.6 |
| 2022 | |
|---|---|
| Current ratio | 1.62 |
| Quick ratio | 1.62 |
| Working capital ratio | 36.8% |
| Solvency | 38.4% |
| Debt / equity | 1.58 |
| Long-term debt ratio | - |
| Interest coverage | 19.50 |
| Gross margin | - |
| Net margin | 4.7% |
| ROA | 10.2% |
| ROE | 26.7% |
| EBITDA margin | 16.6% |
| Days sales outstanding | 105d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10.73M |
| Fixed assets | 21/28 | €388k |
| Tangible fixed assets | 22/27 | €388k |
| Current assets | 29/58 | €10.35M |
| Amounts receivable within one year | 40/41 | €8.78M |
| Cash & bank | 54/58 | €1.38M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10.73M |
| Equity | 10/15 | €4.12M |
| Contributions / capital | 10/11 | €500k |
| Reserves | 13 | €50k |
| Accumulated profits (losses) | 14 | €3.57M |
| Provisions & deferred taxes | 16 | €112k |
| Amounts payable | 17/49 | €6.50M |
| Amounts payable within one year | 42/48 | €6.40M |
| Trade debts payable within one year | 44 | €1.70M |
| Income statement | ||
| Turnover | 70 | €23.31M |
| Operating result | 9901 | €3.76M |
| Financial income | 75 | €37k |
| Financial charges | 65 | €198k |
| Result before taxes | 9903 | €3.59M |
| Income taxes | 67/77 | €2.50M |
| Net result for the period | 9904 | €1.10M |
| Result to be appropriated | 9905 | €1.10M |
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2019
Former directors (1)
-
Former09-06-2015 → 01-01-2019
3 events
- 01-01-2019 Resigned· Managing director
- 12-06-2018 Mandate renewed· Manager
- 09-06-2015 Appointed· Managing director
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Réviseurs d'Entreprises BV/SRLCurrent Statutory auditor · represented by Fabian Branswyk |
- | 05-07-2022 → present |
| KPMG Réviseurs d'Entreprises Statutory auditor · represented by Dominic Rousselle succeeded by KPMG Réviseurs d'Entreprises BV/SRL in 2022 |
- | 09-06-2015 → 05-07-2022 |
| NACE primary | Wholesale trade(46851) |
| Legal form | Private limited company(610) |
| Incorporation | 27-02-2009 |
| Status | Active |
| Postal code | 1435 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25020B0074/00B002 | Wallonia | 6.2 ha | 1 · 17 m² | 7.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-02-2026 3 directors appointed, 1 resigning
- Tim Frielingsdorf, Bestuurder
- Christelle Staller, Bestuurder
- Scott Andrew Ralston, Bestuurder
- Phillip McDivitt, Bestuurder
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}25-09-2025 KPMG Réviseurs d'Entreprises BV/SRL reappointed as statutory auditor
- KPMG Réviseurs d'Entreprises BV/SRL, Commissaris
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}02-02-2023 Articles of association amended
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}05-07-2022 Fabian Branswyk appointed as statutory auditor
- Fabian Branswyk, Commissaris
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}22-10-2019 Change in the board of directors
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}05-08-2019 1 director appointed, 1 resigning
- Phillip Martin McDivitt, Gedelegeerd bestuurder
- Jamshid Keynejad, Gedelegeerd bestuurder
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}14-12-2018 1 director appointed, 1 reappointed
- Dominic Rousselle, Commissaris
- Jamshid Keynejad, Zaakvoerder
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}12-07-2017 Change in the board of directors
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}06-07-2015 2 directors appointed
- Jamshid Keynejad, Gedelegeerd bestuurder
- Dominic Rousselle, Commissaris
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}24-06-2014 Change in the board of directors
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}29-07-2010 Change in the board of directors
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Ascend Performance Materials |