Financials
- Fiscal year
- 2025
- Turnover
- €12.2m
- Profit
- €796,846
- Solvency
- 25.4%
Turnover▲ 7.9%
Net result
20182025
ASCOM (BELGIUM)
ActiveSummary
ASCOM (BELGIUM) has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €796,846. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 28% of 374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220NACE 45215Wholesale of information and communication equipment NACE 46500
#5 employer in Flemish Brabant, Civil engineering sector1 site
Size
€12.2mturnover 2025
- Staff
- 35.1 FTE
- Equity
- €1.8m
- Profit
- €796,846
Structure
- Parent
- Ascom Holding AG · 100%
- Board
- 1 member
Accounts 53 d early3 of 27 deeds read
Why 80- Liquidity: current ratio 1.65, cash €120,681, halved- 2 of the last 3 late+ Founded in 2003+ Profit of €796,846 (FY 2025)Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Better than 32% of its sector peers (NACE 42, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
50-23
equity 25.4% of total assets
Liquidity
21-19
short-term debt 59.8% · cash 1.7%
Profitability
75+11
return on assets 11.5%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● 0.0% vs 11-2024
01-2025: 0.4%● 0.0% vs 12-2024
02-2025: 0.4%▼ -3.8% vs 01-2025
03-2025: 0.4%● 0.0% vs 02-2025
04-2025: 0.4%▼ -3.4% vs 03-2025
05-2025: 0.4%▲ +3.0% vs 04-2025
06-2025: 0.4%▲ +5.5% vs 05-2025
07-2025: 0.2%▼ -42.1% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%▼ -3.8% vs 01-2026
03-2026: 0.2%▼ -0.4% vs 02-2026
04-2026: 0.2%▼ -3.1% vs 03-2026lowest value
05-2026: 0.2%▲ +3.2% vs 04-2026
06-2026: 0.2%▲ +2.2% vs 05-2026
07-2026: 0.5%▲ +104% vs 06-2026highest value
08-2026: 0.5%● 0.0% vs 07-2026highest value
09-2026: 0.5%● 0.0% vs 08-2026highest value
10-2026: 0.5%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 1.65, cash €120,681, halved raises the probability
- 2 of the last 3 late raises the probability
- Founded in 2003 lowers the probability for this profile
- Profit of €796,846 (FY 2025) lowers the probability
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 2.62 in 2024; short-term debt: 59.8% and cash: 1.7% of total assets), but 74.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 42, small). Better than this share of them on solvency 29%, liquidity 14%, profitability 53%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
116 d late
2023
166 d late
2022
42 d early
2021
31 d early
2020
36 d early
2019
273 d late
← 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 56 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 147 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointment: Christophe Scheidegger (director)State Gazette act
- Annual accounts filedfiscal year 2025 · full…
- Resignation: Robert (Bob) Gervais (managing director)State Gazette act
Key points
- Positive: Result rose in 2025from €322,374 to €796,846 ▲ 147% View
- Positive: Employer in Flemish Brabant, Civil engineering sectorin the Checked rankings #5 View
- Caution: A director leftlatest change 10-12-2025 · 1 in office 1 left View
- Positive: 4 years of growth in a rowturnover 2025: €12.2m 4 years View
- Controlled by Ascom Holding AGknown shareholders 100% 100% View
By topic
Board & ownership
- Board
- 1 member
- Parent
- Ascom Holding AG · 100%
- Known shareholders
- 100%
Go to Board & ownership
Timeline
- Events
- 19
- Since
- 2017
- Next accounts
- by 31-07-2027
- 14-07-2026Reappointment: Christophe Scheidegger (director)
- 08-06-2026Annual accounts filed
- 05-01-2026Resignation: Robert (Bob) Gervais (managing director)
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 16-05-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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