ASCENTWARE
ActiveASCENTWARE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €117k. Its solvency ranks better than 65% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency95▲+9
Growth78
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 3.15 against 2.56 in 2024; short-term debt: 28.6% and cash: 75.5% of total assets), and 29.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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 2025Solvency, return and age of the figures
Solvency
70.1%
Return on assets
49.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
51 d early
2024
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€165k▲ 247%
2024 · €48k
2024: €48k
2024 → 2025
Total assets
€235k▲ 202%
2024 · €78k
2024: €78k
2024 → 2025
Net result
€117k▲ 160%
2024 · €45k
2024: €45k
2024 → 2025
Working capital
€145k▲ 204%
2024 · €48k
2024: €48k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€48k-€165k▲ 247%
Operating result€57k-€152k▲ 168%
Net result€45k-€117k▲ 160%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 168% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€23k
Current assets
€212k
Equity and liabilities €235k
Equity
€165k▲ 247%
Debt
€70k▲ 131%
The debt ratio falls from 39.0% to 29.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€157k
Cash flow
€122k
Solvency
70.1%▲
2024 · 61.0%
Current ratio
3.15▲
2024 · 2.56
Quick ratio
3.15▲
2024 · 2.56
Debt / equity
0.43▼
2024 · 0.64
ROE
71.2%▼
2024 · 94.7%
ROA
49.9%▼
2024 · 57.8%
Interest coverage
1001.46
Debt
€70k▲
2024 · €30k
Debt ≤ 1 year
€67k▲
2024 · €30k
Income taxes
€35k▲
2024 · €12k
Staff costs
€109k▲
2024 · €30k
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€78k€235k▲
Fixed assets21/28-€23k
Tangible fixed assets22/27-€23k
Furniture and vehicles24-€23k
Current assets29/58€78k€212k▲
Amounts receivable within one year40/41€25k€34k▲
Trade receivables40€25k€34k▲
Other amounts receivable41€83-
Cash at bank and in hand54/58€52k€178k▲
Deferred charges and accrued income490/1-€507
Equity and liabilities
Total equity and liabilities10/49€78k€235k▲
Equity10/15€48k€165k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€45k€162k▲
Amounts payable17/49€30k€70k▲
Amounts payable within one year42/48€30k€67k▲
Trade debts44€251€7k▲
Suppliers440/4€251€7k▲
Taxes, remuneration and social security45€30k€59k▲
Taxes450/3€28k€41k▲
Remuneration and social security454/9€2k€18k▲
Other amounts payable47/48-€900
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€30k€109k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€574€2k▲
Gross operating margin9900€87k€269k▲
Operating profit (loss)9901€57k€152k▲
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€73€157▲
Recurring financial charges65€73€157▲
Profit (loss) for the period before taxes9903€57k€152k▲
Income taxes67/77€12k€35k▲
Profit (loss) for the period9904€45k€117k▲
Profit (loss) for the period to be appropriated9905€45k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€162k▲
Profit (loss) brought forward from the previous period14P-€45k
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
2026
06-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 01/08/2026
- Director resignation, Raja Dashnamoorthy (administrateur)
- Director appointment, Shashidhara Giriyapura Channaveeraiah (administrateur)
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €165k ▲247%
2 profitable years in a row build equity to €165k.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Shashidhara Giriyapura Channaveeraiah
CurrentDirector · since 01-08-2026
01-08-2026
Shashidhara Giriyapura Channaveeraiah: Appointed as Director
01-08-2026
Raja Dashnamoorthy: Resigned as Director
Location & real-estate footprint
Registered office, Evere · 1 establishment unit since 2024
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.
Genèvestraat 41140 EvereGround area
6,061 m²
Building footprint
1,472 m²
Volume, LiDAR
61,949 m³
Parcel 21372D0317/00L009, Brussels · tallest building 47.0 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
ASCENTWARE
since 20242.361.146.185
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0317/00L009 | Brussels | 6,061 m² | 1 · 1,472 m² | 47.0 m · 14 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.
Similar companies · same sector, comparable size
VALEO Management
BE 0802.119.823
Sprimont · Eq €165k
KYMI
BE 0871.814.818
Beveren-Kruibeke-Zwijndrecht · Eq €165k
SEGHERSadvisory
BE 1001.622.691
Knokke-Heist · Eq €165k
KOMAN
BE 0506.869.738
Binche · Eq €165k
LM CONSULT
BE 0460.761.975
Waasmunster · Eq €165k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,736 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2024
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.