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ASCOM (BELGIUM)

Active
Public limited companyfounded 200323 yrs 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 €1.76M and a net result of €797k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 30% of 297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+11
Solvency50▼-23
Growth60▼-14
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k 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.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.4%
Return on assets
11.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 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 →
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.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€12.21M▲ 7.9%
2024 · €11.31M
2019: €7.07M 2021: €7.26M 2022: €9.62M 2023: €10.53M 2024: €11.31M
2019 → 2025
EBIT margin
9.6%▲ 5.5pp
2024 · 4.2%
2019: 0.7% 2021: -0.9% 2022: 4.6% 2023: 5.3% 2024: 4.2%
2019 → 2025
Net result
€797k▲ 147%
2024 · €322k
2019: €-58k 2021: €-119k 2022: €298k 2023: €402k 2024: €322k
2019 → 2025
Working capital
€2.71M▼ 14.3%
2024 · €3.16M
2019: €2.06M 2021: €2.10M 2022: €2.74M 2023: €2.68M 2024: €3.16M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€7.26M-€9.62M▲ 32.6%€10.53M▲ 9.4%€11.31M▲ 7.4%€12.21M▲ 7.9%
Equity€1.94M-€2.24M▲ 15.3%€2.14M▼ 4.4%€2.46M▲ 15.1%€1.76M▼ 28.5%
Operating result€-66k-€446k€559k▲ 25.5%€470k▼ 16.0%€1.17M▲ 150%
Net result€-119k-€298k€402k▲ 35.2%€322k▼ 19.9%€797k▲ 147%
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00MOperating result 2021: €-66k€-66kNet result 2021: €-119k€-119kOperating result 2022: €446k€446kNet result 2022: €298k€298kOperating result 2023: €559k€559kNet result 2023: €402k€402kOperating result 2024: €470k€470kNet result 2024: €322k€322kOperating result 2025: €1.17M€1.17MNet result 2025: €797k€797k20212022202320242025€0€500k€1MOperating result 2023: €559k€559kNet result 2023: €402k€402kOperating result 2024: €470k€470kNet result 2024: €322k€322kOperating result 2025: €1.17M€1.2MNet result 2025: €797k€797k202320242025
The operating result recovers in 2025; 2025 is 150% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.94M
Fixed assets €81k ▲ 0.9%
Current assets €6.86M ▲ 34.4%
Equity and liabilities €6.94M
Equity €1.76M ▼ 28.5%
Provisions €117k ▲ 7.1%
Debt €5.07M ▲ 93.8%
Debt's share of the balance-sheet total rises from 50.4% to 73.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.19M
2024 · €495k
Cash flow
€816k
2024 · €347k
Current ratio
1.65
2024 · 2.62
Quick ratio
1.37
2024 · 2.02
Debt to equity
2.88
2024 · 1.06
ROE
45.2%
2024 · 13.1%
ROA
11.5%
2024 · 6.2%
Interest coverage
125.42
2024 · 47.15
Debt ≤ 1 year
€4.15M
2024 · €1.95M
Income taxes
€403k
2024 · €168k
Staff costs
€4.53M
2024 · €4.32M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 77 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.19M€6.94M
Fixed assets21/28€80k€81k
Tangible fixed assets22/27€40k€41k
Plant, machinery and equipment23€19k€16k
Furniture and vehicles24€21k€25k
Financial fixed assets28€40k€40k=
Other financial fixed assets284/8€40k€40k=
Amounts receivable and cash guarantees285/8€40k€40k=
Current assets29/58€5.11M€6.86M
Amounts receivable after more than one year29€720k-
Other amounts receivable291€720k-
Stocks and contracts in progress3€1.17M€1.18M
Stocks30/36€464k€826k
Goods purchased for resale34€233k€387k
Advance payments36€231k€439k
Contracts in progress37€707k€350k
Amounts receivable within one year40/41€2.85M€5.48M
Trade receivables40€2.83M€4.03M
Other amounts receivable41€18k€1.45M
Cash at bank and in hand54/58€308k€121k
Deferred charges and accrued income490/1€54k€82k
Equity and liabilities
Total equity and liabilities10/49€5.19M€6.94M
Equity10/15€2.46M€1.76M
Contributions10/11€1.43M€1.43M=
Capital10€1.42M€1.42M=
Issued capital100€1.42M€1.42M=
Outside capital11€8k€8k=
Share premium1100/10€8k€8k=
Reserves13€155k€155k=
Non-distributable reserves130/1€155k€155k=
Legal reserve130€142k€142k=
Own shares acquired1312€12k€12k=
Profit (loss) carried forward14€878k€174k
Provisions and deferred taxes16€109k€117k
Provisions for liabilities and charges160/5€109k€117k
Other liabilities and charges164/5€109k€117k
Amounts payable17/49€2.61M€5.07M
Amounts payable within one year42/48€1.95M€4.15M
Trade debts44€815k€1.18M
Suppliers440/4€815k€1.18M
Taxes, remuneration and social security45€1.12M€1.48M
Taxes450/3€476k€693k
Remuneration and social security454/9€641k€785k
Other amounts payable47/48€14k€1.50M
Accrued charges and deferred income492/3€667k€911k
Income statement Code20242025
Operating income70/76A€11.34M€12.03M
Turnover70€11.31M€12.21M
Change in stocks of work in progress, finished goods and contracts in progress71€-83k€-357k
Other operating income74€110k€174k
Operating charges60/66A€10.87M€10.85M
Goods for resale, raw materials and consumables60€4.22M€3.96M
Purchases600/8€4.06M€4.11M
Change in stocks: decrease (increase)609€152k€-154k
Services and other goods61€2.32M€2.32M
Remuneration, social security and pensions62€4.32M€4.53M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€19k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-29k€10k
Provisions for liabilities and charges: additions (uses and reversals)635/8€8k€8k
Other operating charges640/8€11k€13k
Operating profit (loss)9901€470k€1.17M
Financial income75/76B€31k€36k
Recurring financial income75€31k€36k
Income from current assets751€19k€35k
Other financial income752/9€12k€330
Financial charges65/66B€10k€10k
Recurring financial charges65€10k€10k
Debt charges650€10k€10k
Profit (loss) for the period before taxes9903€491k€1.20M
Income taxes67/77€168k€403k
Taxes670/3€168k€403k
Profit (loss) for the period9904€322k€797k
Profit (loss) for the period to be appropriated9905€322k€797k
Appropriation of the result
Profit (loss) to be appropriated9906€878k€1.67M
Profit (loss) brought forward from the previous period14P€555k€878k
Profit to be distributed694/7-€1.50M
Directors or managers695-€1.50M
Social balance
Average headcount (FTE)908734.635.1

The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2019net €797k ▲147%
Operating result €1.17M, net result €797k, both a record.
24-11
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 116 days late
13-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 166 days late
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €298k
Net result €298k after 2 loss-making years.
31-12
Financial Equity above €2MEq €2.24M ▲15.3%
Equity rises from €1.94M to €2.24M.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
30-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 273 days late
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
27 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, Zaventem · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Belgicastraat 111930 Zaventem
Ground area
3,969 m²
Building footprint
1,125 m²
Volume, LiDAR
17,512 m³
Parcel 23094D0029/00H000, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ASCOM (BELGIUM) NV
Belgicastraat 11, 1930 ZaventemNACE 4521504
since 20032.132.348.822
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0029/00H000 Flanders 3,969 m² 1 · 1,125 m² 18.3 m · 5 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.

Recognitions · licences · registrations

Recognised contractor

1 category
ASCOM (BELGIUM) NV45791
category S4, class 4
decision 04-02-2026

Legal Entity Identifier

8945007GDLQXNAMHZF91
live in the LEI register

Similar companies · same sector, comparable size

Of 1,825 companies in sector 42220 we hold annual accounts for 958. 318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-05-2003
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
46500Wholesale of information and communication equipment
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.