Ascendere
ActiveSummary
Ascendere has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.6m and a net result of €145,593. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 622 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-6
Solvency87▲+6
Growth70=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 2.73 against 2.11 in 2023; short-term debt: 14.8% and cash: 25.6% of total assets), and 37.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
62.1%
Return on assets
2.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
16 d early
2022
41 d early
2021
40 d early
2020
89 d early
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 oldest company in Eeklo, Health and social work sector#3 company by total assets in Eeklo, Health and social work sector#3 company by equity in Eeklo, Health and social work sector
Turnover
€4.3m▲ 5.4%
2023 · €4.1m
EBIT margin
3.8%▼ 3.0pp
2023 · 6.8%
Net result
€145,593▼ 48.2%
2023 · €280,828
Working capital
€1.5m▲ 1.6%
2023 · €1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, 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
Line20202021202220232024
Turnover€2.6m▼ 8.9%€3.6m▲ 36.8%€3.7m▲ 2.7%€4.1m▲ 10.8%€4.3m▲ 5.4%
Operating result€101,117▲ 15.0%€118,520▲ 17.2%€75,276▼ 36.5%€280,306▲ 272%€165,869▼ 40.8%
Net result€80,704within the sector's middle half▲ 1.7%€97,341within the sector's middle half▲ 20.6%€56,552within the sector's middle half▼ 41.9%€280,828above the sector's middle half▲ 397%€145,593within the sector's middle half▼ 48.2%
EBIT margin3.8%▲ 0.8pp3.3%▼ 0.5pp2.0%▼ 1.3pp6.8%▲ 4.8pp3.8%▼ 3.0pp
Equity€3.2mwithin the sector's middle half▲ 21.5%€3.3mwithin the sector's middle half▲ 2.7%€3.3mwithin the sector's middle half▼ 1.2%€3.5mwithin the sector's middle half▲ 5.6%€3.6mwithin the sector's middle half▲ 2.5%
Total assets€5.8mwithin the sector's middle half▲ 23.9%€6.2mabove the sector's middle half▲ 6.0%€6.1mabove the sector's middle half▼ 0.7%€6.2mabove the sector's middle half▲ 0.7%€5.7mwithin the sector's middle half▼ 7.4%
Debt€2.6m▲ 27.0%€2.9m▲ 10.2%€2.9m▼ 0.2%€2.7m▼ 5.0%€2.2m▼ 20.1%
Working capital€1.1mwithin the sector's middle half▲ 38.4%€1.2mwithin the sector's middle half▲ 11.0%€1.3mwithin the sector's middle half▲ 5.3%€1.4mwithin the sector's middle half▲ 14.8%€1.5mwithin the sector's middle half▲ 1.6%
Solvency55.5%within the sector's middle half▼ 1.1pp53.7%within the sector's middle half▼ 1.7pp53.5%within the sector's middle half▼ 0.3pp56.1%within the sector's middle half▲ 2.6pp62.1%within the sector's middle half▲ 6.0pp
Current ratio2.22within the sector's middle half▼ 0.281.95within the sector's middle half▼ 0.261.93within the sector's middle half▼ 0.032.11within the sector's middle half▲ 0.182.73within the sector's middle half▲ 0.62
Return on assets (ROA)1.4%within the sector's middle half▼ 0.3pp1.6%within the sector's middle half▲ 0.2pp0.9%within the sector's middle half▼ 0.7pp4.5%within the sector's middle half▲ 3.6pp2.5%within the sector's middle half▼ 2.0pp
Staff (FTE)55.5within the sector's middle half▲ 33.7%55.3within the sector's middle half▼ 0.4%54.9within the sector's middle half▼ 0.7%54.6within the sector's middle half▼ 0.5%54.4within the sector's middle half▼ 0.4%
above
within
below
the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.7m
Fixed assets
€3.4m ▼ 0.8%
Current assets
€2.3m ▼ 15.7%
Equity and liabilities €5.7m
Equity
€3.6m ▲ 2.5%
Debt
€2.2m ▼ 20.1%
Debt's share of the balance-sheet total falls from 43.9% to 37.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€436,269▼
2023 · €538,143
Cash flow
€415,993▼
2023 · €538,665
Debt to equity
0.61▼
2023 · 0.78
ROE
4.1%▼
2023 · 8.1%
Interest coverage
18.71▼
2023 · 32.51
Debt ≤ 1 year
€846,699▼
2023 · €1.3m
Debt > 1 year
€1.3m▼
2023 · €1.3m
Staff costs
€4.4m▲
2023 · €4.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% 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%.
| 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 1,860 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.6m | €3.6m | €3.7m | €4.1m | €4.3m | ▲ 5.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €380,294 | €394,563 | €459,892 | €415,126 | ▼ 9.7% |
| Remuneration, social security and pensions62 | - | €3.5m | €3.9m | €4.1m | €4.4m | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €233,612 | €249,418 | €249,313 | €257,837 | €270,400 | ▲ 4.9% |
| Other operating charges640/8 | - | €14,416 | €14,513 | €14,404 | €13,369 | ▼ 7.2% |
| Gross operating margin9900 | €3.6m | €3.9m | €4.3m | €4.6m | €4.8m | ▲ 4.8% |
| Operating profit (loss)9901 | €101,117 | €118,520 | €75,276 | €280,306 | €165,869 | ▼ 40.8% |
| Financial income75/76B | - | €890 | €800 | €17,075 | €3,046 | ▼ 82.2% |
| Recurring financial income75 | €2,034 | €10 | €30 | €25 | €3,046 | ▲ 12,084% |
| Non-recurring financial income76B | - | €880 | €770 | €17,050 | - | - |
| Financial charges65/66B | - | €22,069 | €19,524 | €16,553 | €23,322 | ▲ 40.9% |
| Recurring financial charges65 | €22,447 | €22,069 | €19,524 | €16,553 | €23,322 | ▲ 40.9% |
| Profit (loss) for the period before taxes9903 | €80,704 | €97,341 | €56,552 | €280,828 | €145,593 | ▼ 48.2% |
| Profit (loss) for the period9904 | €80,704 | €97,341 | €56,552 | €280,828 | €145,593 | ▼ 48.2% |
| Profit (loss) for the period to be appropriated9905 | €80,704 | €97,341 | €56,552 | €280,828 | €145,593 | ▼ 48.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.8m | €6.2m | €6.1m | €6.2m | €5.7m | ▼ 7.4% |
| Fixed assets21/28 | €3.9m | €3.7m | €3.5m | €3.4m | €3.4m | ▼ 0.8% |
| Tangible fixed assets22/27 | €3.9m | €3.7m | €3.5m | €3.4m | €3.4m | ▼ 0.8% |
| Land and buildings22 | - | €3.6m | €3.4m | €3.3m | €3.3m | ▲ 0.3% |
| Plant, machinery and equipment23 | - | €100,527 | €81,486 | €63,488 | €42,634 | ▼ 32.8% |
| Furniture and vehicles24 | - | €34,621 | €31,883 | €59,453 | €42,326 | ▼ 28.8% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €2.0m | €2.4m | €2.6m | €2.7m | €2.3m | ▼ 15.7% |
| Amounts receivable after more than one year29 | - | €2,500 | - | - | - | - |
| Other amounts receivable291 | - | €2,500 | - | - | - | - |
| Amounts receivable within one year40/41 | €967,324 | €1.2m | €1.3m | €688,817 | €570,232 | ▼ 17.2% |
| Trade receivables40 | - | €1.2m | €1.3m | €687,585 | €568,992 | ▼ 17.2% |
| Other amounts receivable41 | - | €381 | €169 | €1,232 | €1,240 | ▲ 0.6% |
| Current investments50/53 | - | - | - | - | €250,000 | - |
| Cash at bank and in hand54/58 | €983,695 | €1.2m | €1.3m | €2.0m | €1.5m | ▼ 28.3% |
| Deferred charges and accrued income490/1 | - | €22,651 | €18,961 | €19,724 | €32,782 | ▲ 66.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.8m | €6.2m | €6.1m | €6.2m | €5.7m | ▼ 7.4% |
| Equity10/15 | €3.2m | €3.3m | €3.3m | €3.5m | €3.6m | ▲ 2.5% |
| Contributions10/11 | - | - | - | - | €1.0m | - |
| Capital10 | - | - | - | - | €1.0m | - |
| Profit (loss) carried forward14 | €818,603 | €915,945 | €972,497 | €1.3m | €1.4m | ▲ 11.6% |
| Investment grants15 | - | €1.4m | €1.3m | €1.2m | €1.1m | ▼ 4.9% |
| Amounts payable17/49 | €2.6m | €2.9m | €2.9m | €2.7m | €2.2m | ▼ 20.1% |
| Amounts payable after more than one year17 | €1.6m | €1.5m | €1.4m | €1.3m | €1.3m | ▼ 6.4% |
| Financial debts170/4 | - | €1.5m | €1.4m | €1.3m | €1.3m | ▼ 6.4% |
| Amounts payable within one year42/48 | €885,782 | €1.3m | €1.4m | €1.3m | €846,699 | ▼ 34.9% |
| Current portion of amounts payable after more than one year42 | - | €99,897 | €100,497 | €101,128 | €85,591 | ▼ 15.4% |
| Trade debts44 | €234,108 | €600,678 | €623,340 | €573,850 | €53,185 | ▼ 90.7% |
| Suppliers440/4 | - | €600,678 | €623,340 | €573,850 | €53,185 | ▼ 90.7% |
| Taxes, remuneration and social security45 | - | €552,547 | €633,273 | €626,350 | €707,923 | ▲ 13.0% |
| Taxes450/3 | - | €83,609 | €106,214 | €100,154 | €109,058 | ▲ 8.9% |
| Remuneration and social security454/9 | - | €468,938 | €527,059 | €526,196 | €598,865 | ▲ 13.8% |
| Accrued charges and deferred income492/3 | - | €59,840 | €51,285 | €66,542 | €61,877 | ▼ 7.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,704 | €97,341 | €56,552 | €280,828 | €145,593 | ▼ 48.2% |
| + Depreciation and write-downs630 | €233,612 | €249,418 | €249,313 | €257,837 | €270,400 | ▲ 4.9% |
| Operating cash flow (approximation) | €314,316 | €346,759 | €305,865 | €538,665 | €415,993 | ▼ 22.8% |
| Investment in fixed assets (approximation) | - | -€114,394 | -€37,579 | -€170,625 | -€243,763 | ▼ 42.9% |
| Change in cash | - | €219,454 | €59,272 | €775,574 | -€575,958 | ▼ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €280,828 ▲397%
Operating result €280,306, net result €280,828, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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, Eeklo · 4 establishment units since 2005
Ground area
2,099 m²
Building footprint
1,117 m²
Volume, LiDAR
9,162 m³
4 parcels, Flanders · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
CAR De Locomotief
since 20052.146.407.189
CAR De Springplank
since 20052.146.406.991
CAR Klim Op
since 20052.146.407.288
CAR De Schakel
since 20202.297.109.359
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0926/00N000 | Flanders | 785 m² | 1 · 478 m² | 10.5 m · 2 fl. |
| 43005D0181/00E002 | Flanders | 495 m² | 1 · 248 m² | 11.9 m · 4 fl. |
| 41034F0875/00F000 | Flanders | 412 m² | 1 · 188 m² | 14.4 m · 2 fl. |
| 41362B0164/00Y000 | Flanders | 407 m² | 1 · 204 m² | 16.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 22 entries · 4,806,440 EUR awarded · 4,791,864 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | 4,291,383 EUR | 4,324,083 EUR |
| 2024 | 5 | 208,681 EUR | 161,405 EUR |
| 2023 | 5 | 142,272 EUR | 142,272 EUR |
| 2022 | 6 | 164,104 EUR | 164,104 EUR |
Schemes
Show 7 more
Recognitions · licences · registrations
Care and welfare
6 services · 1 liveCAR Ascendere
CAR Ascendere
CAR De Locomotief
CAR De Springplank
Show 2 more services
CAR Klim Op
CAR Ascendere
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Of 36 companies in sector 88104 we hold annual accounts for 16. 10 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded11-12-1963
Fiscal year end31-12
Activities, NACEBEL 2025
86959Human health activities
88104Social work activities without accommodation
82990Other business support services
88103Social work activities without accommodation
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0409470553
Registered
27-03-2026
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.