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ASCOM (BELGIUM)

Active
Public limited companyfounded 200323 years activeBelgicastraat 11, 1930 Zaventem, BelgiumKBO/BCE: BE 0480.234.429
Summary

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 (NACE 42, 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 42220Wholesale 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
Financial health
80 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.5%
Structure
Parent
Ascom Holding AG · 100%
Board
1 member
Auditor: KPMG Bedrijfsrevisoren BV/SRLAccounts 53 days 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%
Financially better than 32% of its sector peers (NACE 42, small)
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).

Sector median 0.2% (299 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value
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 follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, small): better than 29% on solvency, 14% on liquidity, 53% on profitability and 32% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.65, cash €120,681, halved
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Founded in 2003
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €796,846 (FY 2025)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
53 days early
2024
116 days late
2023
166 days late
2022
42 days early
2021
31 days early
2020
36 days early
2019
273 days 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 months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointment: Christophe Scheidegger (director)State Gazette act
  2. Annual accounts filedfiscal year 2025 · full…
  3. 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

Financials

Fiscal year
2025
Turnover
€12.2m
Profit
€796,846
Solvency
25.4%
Turnover▲ 7.9%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
Ascom Holding AG · 100%
Known shareholders
100%
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Go to Board & ownership

Timeline

Events
19
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result since 2018
  2. 24-11-2025Annual accounts filed
  3. 21-11-2025Reappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
Go to Timeline

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
Go to Company details

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