Summary
Ascendo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €213,934 and a net result of €18,843. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 46% of 8211 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
on the day
2022
1 d early
2021
11 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · 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. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
Go further with this company
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 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 changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€213,934▲ 9.7%
2024 · €195,091
Net result
€18,843
2024 · -€20,440
Total assets
€456,239▼ 17.6%
2024 · €553,702
Solvency
46.9%▲ 11.7pp
2024 · 35.2%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,890▼ 71.7%€27,893▲ 135%€25,898▼ 7.2%-€838€38,373
Net result€4,916within the sector's middle half▼ 80.7%€15,450within the sector's middle half▲ 214%€14,191within the sector's middle half▼ 8.1%-€20,440below the sector's middle half€18,843within the sector's middle half
Equity€235,889within the sector's middle half▲ 2.1%€201,339within the sector's middle half▼ 14.6%€215,530within the sector's middle half▲ 7.0%€195,091within the sector's middle half▼ 9.5%€213,934within the sector's middle half▲ 9.7%
Total assets€716,335within the sector's middle half▼ 6.5%€618,195within the sector's middle half▼ 13.7%€647,845within the sector's middle half▲ 4.8%€553,702within the sector's middle half▼ 14.5%€456,239within the sector's middle half▼ 17.6%
Debt€480,446▼ 10.3%€416,856▼ 13.2%€432,315▲ 3.7%€358,612▼ 17.0%€242,305▼ 32.4%
Working capital€108,690within the sector's middle half▼ 17.1%€39,749within the sector's middle half▼ 63.4%€18,643within the sector's middle half▼ 53.1%-€29,401below the sector's middle half-€6,991within the sector's middle half▲ 76.2%
Solvency32.9%within the sector's middle half▲ 2.8pp32.6%within the sector's middle half▼ 0.4pp33.3%within the sector's middle half▲ 0.7pp35.2%within the sector's middle half▲ 2.0pp46.9%within the sector's middle half▲ 11.7pp
Current ratio2.48within the sector's middle half▼ 0.391.57within the sector's middle half▼ 0.901.21within the sector's middle half▼ 0.360.65below the sector's middle half▼ 0.570.89within the sector's middle half▲ 0.25
Return on assets (ROA)0.7%below the sector's middle half▼ 2.6pp2.5%within the sector's middle half▲ 1.8pp2.2%within the sector's middle half▼ 0.3pp-3.7%below the sector's middle half▼ 5.9pp4.1%within the sector's middle half▲ 7.8pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €38,373 after a loss of €838 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €456,239
Fixed assets
€398,471 ▼ 20.3%
Current assets
€57,768 ▲ 7.3%
Equity and liabilities €456,239
Equity
€213,934 ▲ 9.7%
Debt
€242,305 ▼ 32.4%
Debt's share of the balance-sheet total falls from 64.8% to 53.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
8.8%▲
2024 · -10.5%
Debt ≤ 1 year
€64,760▼
2024 · €83,215
Debt > 1 year
€171,396▼
2024 · €275,397
Income taxes
€3,560▼
2024 · €5,232
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €9,500 | - | €5,345 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,231 | €37,705 | €42,861 | €53,209 | €34,913 | ▼ 34.4% |
| Other operating charges640/8 | - | €4,975 | €10,344 | €2,759 | €6,959 | ▲ 152% |
| Non-recurring operating charges66A | - | - | - | €49 | €4,350 | ▲ 8,807% |
| Gross operating margin9900 | €78,605 | €70,573 | €79,103 | €55,180 | €84,595 | ▲ 53.3% |
| Operating profit (loss)9901 | €11,890 | €27,893 | €25,898 | -€838 | €38,373 | ▲ 4,679% |
| Financial income75/76B | - | €1,498 | €1,167 | €2,141 | €577 | ▼ 73.0% |
| Recurring financial income75 | €3,873 | €1,498 | €1,167 | €2,141 | €577 | ▼ 73.0% |
| Financial charges65/66B | - | €6,527 | €6,693 | €16,511 | €16,547 | ▲ 0.2% |
| Recurring financial charges65 | €7,375 | €6,527 | €6,693 | €16,511 | €13,023 | ▼ 21.1% |
| Non-recurring financial charges66B | - | - | - | - | €3,524 | - |
| Profit (loss) for the period before taxes9903 | €8,388 | €22,865 | €20,372 | -€15,208 | €22,403 | ▲ 247% |
| Income taxes67/77 | €3,472 | €7,415 | €6,181 | €5,232 | €3,560 | ▼ 32.0% |
| Profit (loss) for the period9904 | €4,916 | €15,450 | €14,191 | -€20,440 | €18,843 | ▲ 192% |
| Profit (loss) for the period to be appropriated9905 | €4,916 | €15,450 | €14,191 | -€20,440 | €18,843 | ▲ 192% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €716,335 | €618,195 | €647,845 | €553,702 | €456,239 | ▼ 17.6% |
| Fixed assets21/28 | €533,965 | €509,020 | €541,331 | €499,889 | €398,471 | ▼ 20.3% |
| Tangible fixed assets22/27 | €533,965 | €509,020 | €541,331 | €499,889 | €398,471 | ▼ 20.3% |
| Land and buildings22 | - | €493,000 | €459,000 | €425,000 | €398,471 | ▼ 6.2% |
| Plant, machinery and equipment23 | - | €9,514 | €3,391 | €7,884 | - | - |
| Furniture and vehicles24 | - | €6,506 | €78,940 | €67,005 | - | - |
| Current assets29/58 | €182,369 | €109,175 | €106,514 | €53,814 | €57,768 | ▲ 7.3% |
| Amounts receivable within one year40/41 | €62,431 | €16,123 | €40,731 | €46,497 | €35,006 | ▼ 24.7% |
| Trade receivables40 | - | €14,520 | €14,520 | - | €4,300 | - |
| Other amounts receivable41 | - | €1,603 | €26,211 | €46,497 | €30,706 | ▼ 34.0% |
| Cash at bank and in hand54/58 | €118,722 | €93,052 | €65,783 | €7,317 | €22,762 | ▲ 211% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €716,335 | €618,195 | €647,845 | €553,702 | €456,239 | ▼ 17.6% |
| Equity10/15 | €235,889 | €201,339 | €215,530 | €195,091 | €213,934 | ▲ 9.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €229,689 | €195,139 | €209,330 | €188,891 | €207,734 | ▲ 10.0% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €193,279 | €209,330 | €188,891 | €207,734 | ▲ 10.0% |
| Amounts payable17/49 | €480,446 | €416,856 | €432,315 | €358,612 | €242,305 | ▼ 32.4% |
| Amounts payable after more than one year17 | €406,766 | €347,431 | €344,444 | €275,397 | €171,396 | ▼ 37.8% |
| Financial debts170/4 | - | €347,431 | €344,444 | €275,397 | €171,396 | ▼ 37.8% |
| Amounts payable within one year42/48 | €73,680 | €69,425 | €87,871 | €83,215 | €64,760 | ▼ 22.2% |
| Current portion of amounts payable after more than one year42 | - | €59,335 | €73,994 | €72,912 | €61,200 | ▼ 16.1% |
| Trade debts44 | €4,496 | €1,246 | €1,365 | €5,954 | - | - |
| Suppliers440/4 | - | €1,246 | €1,365 | €5,954 | - | - |
| Taxes, remuneration and social security45 | - | €8,844 | €12,342 | €4,349 | €3,560 | ▼ 18.1% |
| Taxes450/3 | - | €8,844 | €12,342 | €4,349 | €3,560 | ▼ 18.1% |
| Other amounts payable47/48 | - | - | €169 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €6,150 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,916 | €15,450 | €14,191 | -€20,440 | €18,843 | ▲ 192% |
| + Depreciation and write-downs630 | €35,231 | €37,705 | €42,861 | €53,209 | €34,913 | ▼ 34.4% |
| Operating cash flow (approximation) | €40,148 | €53,155 | €57,052 | €32,770 | €53,756 | ▲ 64.0% |
| Investment in fixed assets (approximation) | - | -€12,760 | -€75,171 | -€11,767 | €66,505 | ▲ 665% |
| Change in cash | - | -€25,670 | -€27,268 | -€58,466 | €15,445 | ▲ 126% |
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
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €18,843
Net result €18,843 after one loss-making year.
30-06
Financial
Equity above €200,000Eq €213,934 ▲9.7%
Equity rises from €195,091 to €213,934.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet -€20,440
Net result drops to -€20,440, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €25,499 ▲7.4%
Operating result €42,075, net result €25,499, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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.
Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2010
Ground area
672 m²
Building footprint
462 m²
Volume, LiDAR
5,580 m³
Parcel 11810K1870/00V000, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ascendo
since 2010unit no. 2.192.823.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1870/00V000 | Flanders | 672 m² | 1 · 462 m² | 18.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Brensen
BE 1008.626.388
Oudenburg · Eq €213,901
DIRK MOERMANS
BE 0449.064.369
Herk-de-Stad · Eq €213,888
SL & K
BE 0543.760.818
Lummen · Eq €213,885
KEMAZ
BE 0806.626.264
Kortrijk · Eq €213,985
SCHROOTEN-TRUYEN
BE 0840.831.236
Peer · Eq €214,042
Of 24,721 companies in this sector we hold annual accounts for 19,804. 13,556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded04-10-2010
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0829848262
Also
9925:BE0829848262
Registered
04-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.