ASCENDANCES
ActiveASCENDANCES has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €10k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 18% of 46 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-2
Solvency16▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.61 in 2024; short-term debt: 108.7% and cash: 24.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Sector 30
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-8.7%
Return on assets
15%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 46 sector peers (2025).
NBB · sector comparisonPosition among 46 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
22 d late
2023
20 d late
2022
3 d late
2020
2 d early
2019
29 d late
2017
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-6k▲ 63.2%
2024 · €-16k
2019: €-69k
2020: €-66k
2022: €-52k
2023: €-26k
2024: €-16k
2019 → 2025
Total assets
€68k▲ 16.6%
2024 · €58k
2019: €9k
2020: €12k
2022: €24k
2023: €48k
2024: €58k
2019 → 2025
Net result
€10k▲ 6.2%
2024 · €10k
2019: €-7k
2020: €4k
2022: €9k
2023: €27k
2024: €10k
2019 → 2025
Working capital
€-20k▲ 30.1%
2024 · €-29k
2019: €-75k
2020: €-66k
2022: €-53k
2023: €-29k
2024: €-29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€-66k-€-52k▲ 20.2%€-26k▲ 51.2%€-16k▲ 37.3%€-6k▲ 63.2%
Operating result€4k-€9k▲ 130%€27k▲ 189%€10k▼ 64.2%€10k▲ 4.6%
Net result€4k-€9k▲ 143%€27k▲ 190%€10k▼ 64.4%€10k▲ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€15k▲ 10.3%
Current assets
€53k▲ 18.4%
Key figures and ratios
EBITDA
€13k▲
2024 · €11k
Cash flow
€13k▲
2024 · €11k
Solvency
-8.7%▲
2024 · -27.7%
Current ratio
0.72▲
2024 · 0.61
Quick ratio
0.72▲
2024 · 0.61
Debt / equity
-12.44▼
2024 · -4.62
ROA
15.0%▼
2024 · 16.5%
Interest coverage
141.60▲
2024 · 126.46
Debt
€74k▼
2024 · €74k
Debt ≤ 1 year
€74k▼
2024 · €74k
Income taxes
€67
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€58k€68k▲
Fixed assets21/28€13k€15k▲
Tangible fixed assets22/27€13k€15k▲
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€2k€6k▲
Current assets29/58€45k€53k▲
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€4k€1k▼
Other amounts receivable41€106€574▲
Current investments50/53€25k€35k▲
Cash at bank and in hand54/58€16k€16k▲
Equity and liabilities
Total equity and liabilities10/49€58k€68k▲
Equity10/15€-16k€-6k▲
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-38k€-28k▲
Amounts payable17/49€74k€74k▼
Amounts payable within one year42/48€74k€74k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Other amounts payable47/48€71k€72k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€448€451▲
Gross operating margin9900€12k€14k▲
Operating profit (loss)9901€10k€10k▲
Financial income75/76B€1€223▲
Recurring financial income75€1€223▲
Financial charges65/66B€88€94▲
Recurring financial charges65€88€94▲
Profit (loss) for the period before taxes9903€10k€10k▲
Income taxes67/77-€67
Profit (loss) for the period9904€10k€10k▲
Profit (loss) for the period to be appropriated9905€10k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-28k▲
Profit (loss) brought forward from the previous period14P€-48k€-38k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
31-03
Financial
Highest result since 2019net €27k ▲190%
Operating result €27k, net result €27k, both a record.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
30-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
26-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Profondeville · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Omer Mottint(B.V.) 235170 ProfondevilleGround area
2,306 m²
Building footprint
167 m²
Volume, LiDAR
1,072 m³
Parcel 92014C1036/00Y000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASCENDANCES
since 20002.093.560.601
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92014C1036/00Y000 | Wallonia | 2,306 m² | 1 · 167 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 110 companies in sector 30310 we hold annual accounts for 68.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-1999
Fiscal year end31-03
Activities, NACEBEL
30300Manufacture of other transport equipment
30310Manufacture of other transport equipment
35300
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0476762589