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Ascubel

Active
Public limited companyfounded 197154 yrs activePittemstraat 93, 8760 Tielt, BelgiumKBO/BCE: BE 0411.906.045
Summary

Ascubel has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,864 and a net result of €177. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 47% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
AscubelActiveChecked score 66/100
Risk analysis ReportCompare

Overview

What they do
Other construction installation
NACE 43240NACE 43299NACE 45340
#3 oldest company in Tielt, Construction sector1 site
How big
€335,717total assets 2025
Staff
2.6 FTE
Equity
€139,864
Profit
€177
Turnover not published (abridged schema)
Financially healthy?
66 Healthy Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Parent
Greenworld · 99.68%
Accounts 36 d early0 of 5 deeds read
Why 66- Higher-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+27
Solvency67▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.48 in 2024; short-term debt: 58.3% and cash: 12.3% of total assets), but 58.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 54 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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
41.7%
Return on assets
0.1%
Age of the figures
15 mo
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 26-12-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
32 d early
2023
42 d early
2022
40 d early
2021
42 d early
2020
6 d early
2019
3 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 28 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 22 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €177
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Oldest company in Tielt, Construction sectorin the Checked rankings #3 View
  • Controlled by Greenworld 99.68% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Active since 1971founded 15-12-1971 54 years View

By topic

Financials

Fiscal year
2025
Total assets
€335,717
Profit
€177
Solvency
41.7%
Total assets▼ 3.4%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-01-2027
  1. 26-12-2025Annual accounts filed
  2. 30-06-2025Back to profit
  3. 30-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other construction installationNACE 43240
Founded
15-12-1971
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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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 trust this company with building work?Contractor check 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 How does this company compare with its sector?Sector benchmark

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