ASCEND SOLUTIONS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ASCEND SOLUTIONS is 0.1% (very low). The 2025 annual accounts show equity of €381k and a net result of €53k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 4760 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 91% of 4760 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	24-11-2025	68 d early	2025-00569602
30-06-2024	31-01-2025	18-02-2025	18 d late	2025-00036154
30-06-2023	31-01-2024	31-01-2024	on the day	2024-00016225
30-06-2022	31-01-2023	31-01-2023	on the day	2023-00014971
30-06-2021	31-01-2022	08-11-2021	84 d early	2021-76900033
30-06-2020	31-01-2021	30-11-2020	62 d early	2020-73300435
30-06-2019	31-01-2020	30-10-2019	93 d early	2019-71800415
30-06-2018	31-01-2019	21-09-2018	132 d early	2018-63600498
30-06-2017	31-01-2018	22-09-2017	131 d early	2017-62100341
30-06-2016	31-01-2017	20-09-2016	133 d early	2016-60200021

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2011, 15 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: healthy financial profile −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€154k-16.3%

EBIT margin46.2%-5.1pp

Net result€53k+11.5%

Working capital€361k+17.0%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 24-11-2025 with the NBB · fiscal year 2025 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~2.6%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	91.1%	55.4%	better than 91% of 4760 sector peers
Net result	€53k	€38k	better than 62% of 4760 sector peers
Equity	€381k	€64k	better than 93% of 4761 sector peers
Gross operating margin	€95k	€61k	better than 69% of 4753 sector peers
Total assets	€419k	€146k	better than 84% of 4761 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P91

Stable position over 2020-2025 · n=1438-12491

Net result P62

Weakening position over 2020-2025 · n=1438-12493

Equity P93

Stable position over 2020-2025 · n=1441-12499

Gross operating margin P69

Stable position over 2020-2025 · n=1436-12478

Describes the position versus peers, not a forecast.

Revenue

€154k

-16.3% 19-25

EBITDA

€94k

+6.5% 19-25

Net profit

€53k

+11.5% 19-25

Cash flow

€75k

+8.0% 19-25

Total assets

€419k

+2.0% 19-25

Equity

€381k

+9.1% 19-25

Working capital

€361k

+17.0% 19-25

Income taxes

€21k

+11.2% 19-25

Show 13 other metrics

Dividends

€21k

-64.3% 19-25

Debt

€37k

-38.4% 19-25

Debt ≤ 1y

€37k

-37.8% 19-25

Debt > 1y

€18k

0.0% 19-25

Current ratio

10.63

+73.6% 19-25

Quick ratio

10.63

+73.6% 19-25

Solvency

91.1%

+6.9% 19-25

Debt / equity

0.10

-43.6% 19-25

ROE

13.9%

+2.2% 19-25

ROA

12.7%

+9.3% 19-25

Net margin

36.0%

-10.0% 19-25

EBITDA margin

53.8%

+2.3% 19-25

Interest coverage

607.10

+50.4% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€94k
Net profit	€53k
Cash flow	€75k
Staff costs	-
Income taxes	€21k
Dividends	€21k
Total assets	€419k
Equity	€381k
Debt	€37k
of which ≤ 1y	€37k
of which > 1y	-
Working capital	€361k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	10.63
Quick ratio	10.63
Working capital ratio	86.2%
Solvency	91.1%
Debt / equity	0.10
Long-term debt ratio	-
Interest coverage	607.10
Gross margin	-
Net margin	-
ROA	12.7%
ROE	13.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €20k · 4.9% Current assets €398k · 95.1%

Equity & liabilities

Equity €381k · 91.1% Debt €37k · 9.0%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€419k
Fixed assets	21/28	€20k
Tangible fixed assets	22/27	€20k
Current assets	29/58	€398k
Amounts receivable within one year	40/41	€41k
Investments	50/53	€0
Cash & bank	54/58	€352k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€419k
Equity	10/15	€381k
Contributions / capital	10/11	€20k
Reserves	13	€361k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€37k
Amounts payable within one year	42/48	€37k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€95k
Operating result	9901	€72k
Financial income	75	€2k
Financial charges	65	€155
Result before taxes	9903	€74k
Income taxes	67/77	€21k
Net result for the period	9904	€53k
Result to be appropriated	9905	€53k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

4 companies at this address See who is registered here

Establishment units

1 location

Houtveld 107, 1500 Halle

Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels

since 20112.201.082.626

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area2,131 m²

Buildings2

Building footprint222 m²

Volume (LiDAR)770 m³

Tallest building11.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23412L0256/00C000	Flanders	1,544 m²	1 · 123 m²	11.0 m · 2 fl.
23043E0131/00C002	Flanders	586 m²	1 · 99 m²	0.1 m

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

90 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 70

Solvency 100

Growth 78

Stability 100

Credit advice

verdict per customer and amount

Similar

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We hold annual accounts for 15,459 of the 82,200 companies in this sector. 10,051 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100

Primary activity highlighted.

Names & trade names

Legal nameNL

ASCEND SOLUTIONS

Registered office

Kasteelbrakelsesteenweg 445

1502 Halle, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.