What does Ascubel do?

Ascubel is filed with the CBE under the catch-all “Overige groothandel in consumentenartikelen”. Also registered: electrical contractor. Public Limited, started on 15 December 1971, 1 establishment.

What is the address of Ascubel?

The registered office of Ascubel is located at Pittemstraat 93, 8760 Tielt.

Is Ascubel still active?

Yes. According to the CBE (30 October 2026) Ascubel is active, legal situation “Normale toestand”, started on 15 December 1971.

Is Ascubel registered on Peppol?

Yes, Ascubel is registered on the Peppol network with ID 0208:0411906045.

What is the enterprise number of Ascubel?

The enterprise number of Ascubel is BE0411906045.

When was Ascubel founded?

Ascubel was founded on 15 December 1971.

Who are the directors of Ascubel?

According to the 2025 annual accounts, the directors of Ascubel are: Remhoogte BV, O.T.F. BV.

Is Ascubel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 1971; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Ascubel make in 2025?

Ascubel posted a profit after taxes of € 177 in financial year 2025.

What is the revenue of Ascubel?

As a small company, Ascubel is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 200,807.

How much does an employee at Ascubel earn?

The average wage cost per full-time employee at Ascubel was € 69,400 in 2025: staff costs of € 180,354 for 2.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Ascubel have?

According to the 2025 annual accounts, Ascubel has 2.6 full-time equivalents (FTE).

Does Ascubel have a website?

Yes, Ascubel has a website at ascubel.be.

Ascubel (Public Limited) - Tielt - BE0411906045

Dossier Ascubel, printed on 30 October 2026 from databakkes.be/en/0411906045/ascubel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Ascubel from Tielt, company number BE0411906045, closed financial year 2025 with a result of € 177 after tax. For that financial year Ascubel recorded a gross margin of € 200,807 and equity of € 139,864. Compared with financial year 2024, the result moved from € -3,568 to € 177. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 26, 2025.

What it is worth Growing

€ 139,864

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 177

▲ still € 3,568 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 41,274

▼ 39% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 77,864.

People and assets in 2025

Full-time equivalents

2.6

▲ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 180,354

▲ 44% vs 2024

€ 69,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 19,728

▼ 40% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 162,610

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 32,464

▲ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 114,593 Gross margin 2022: € 114,593 First fiscal year in the series	€ 172,682 Gross margin 2023: € 172,682 ▲ 51% vs 2022 (€ 114,593) Favourable step	€ 140,050 Gross margin 2024: € 140,050 ▼ 19% vs 2023 (€ 172,682) Unfavourable step	€ 200,807 Gross margin 2025: € 200,807 ▲ 43% vs 2024 (€ 140,050) Favourable step	▲ 43%
Profit after taxes	€ -14,753 Profit after taxes 2022: € -14,753 First fiscal year in the series	€ 24,054 Profit after taxes 2023: € 24,054 ▲ € 38,806 vs 2022 (€ -14,753) Favourable step	€ -3,568 Profit after taxes 2024: € -3,568 ▼ € 27,622 vs 2023 (€ 24,054) Unfavourable step	€ 177 Profit after taxes 2025: € 177 ▲ € 3,745 vs 2024 (€ -3,568) Favourable step	▲ € 3,745
Equity	€ 139,202 Equity 2022: € 139,202 First fiscal year in the series	€ 143,256 Equity 2023: € 143,256 ▲ 3% vs 2022 (€ 139,202) Favourable step	€ 139,687 Equity 2024: € 139,687 ▼ 2% vs 2023 (€ 143,256) Unfavourable step	€ 139,864 Equity 2025: € 139,864 Unchanged (€ 139,687) Favourable step
Total debts	€ 219,916 Total debts 2022: € 219,916 First fiscal year in the series	€ 242,185 Total debts 2023: € 242,185 ▲ 10% vs 2022 (€ 219,916) Unfavourable step	€ 207,972 Total debts 2024: € 207,972 ▼ 14% vs 2023 (€ 242,185) Favourable step	€ 195,853 Total debts 2025: € 195,853 ▼ 6% vs 2024 (€ 207,972) Favourable step	▼ 6%
Cash	€ 27,634 Cash 2022: € 27,634 First fiscal year in the series	€ 55,578 Cash 2023: € 55,578 ▲ 101% vs 2022 (€ 27,634) Favourable step	€ 67,132 Cash 2024: € 67,132 ▲ 21% vs 2023 (€ 55,578) Favourable step	€ 41,274 Cash 2025: € 41,274 ▼ 39% vs 2024 (€ 67,132) Unfavourable step	▼ 39%
Retained profit	€ 77,202 Retained profit 2022: € 77,202 First fiscal year in the series	€ 81,256 Retained profit 2023: € 81,256 ▲ 5% vs 2022 (€ 77,202) Favourable step	€ 77,687 Retained profit 2024: € 77,687 ▼ 4% vs 2023 (€ 81,256) Unfavourable step	€ 77,864 Retained profit 2025: € 77,864 Unchanged (€ 77,687) Favourable step
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 20,000 Dividend 2023: € 20,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 20,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 25,283 Bank debt 2022: € 25,283 First fiscal year in the series	€ 16,861 Bank debt 2023: € 16,861 ▼ 33% vs 2022 (€ 25,283) Favourable step	€ 2,577 Bank debt 2024: € 2,577 ▼ 85% vs 2023 (€ 16,861) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 2,577) Favourable step	▼ 100%
Balance sheet total	€ 359,118 Balance sheet total 2022: € 359,118 First fiscal year in the series	€ 385,441 Balance sheet total 2023: € 385,441 ▲ 7% vs 2022 (€ 359,118) Unchanged	€ 347,659 Balance sheet total 2024: € 347,659 ▼ 10% vs 2023 (€ 385,441) Unchanged	€ 335,717 Balance sheet total 2025: € 335,717 ▼ 3% vs 2024 (€ 347,659) Unchanged	▼ 3%
Employees (FTE)	-	-	2.1 Employees (FTE) 2024: 2.1 First fiscal year in the series	2.6 Employees (FTE) 2025: 2.6 ▲ 0.5 vs 2024 (2.1) Unchanged	▲ 0.5

Key figures of Ascubel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Ascubel?

What happened at Ascubel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Remhoogte BV stepped down as director. NBB
2029 O.T.F. BV stepped down as director. NBB
Dec 26, 2025 New annual accounts for financial year 2025: profit of € 177. Source: NBB ↗
2023 Remhoogte BV became a director. NBB
2023 O.T.F. BV became a director. NBB
Jan 1, 1972 New establishment in Tielt. KBO
Dec 15, 1971 Start of the company according to the CBE. KBO

In short

From € 14,753 loss in 2022 to € 177 profit in 2025.

Paid € 3,891 in corporate taxes since 2022.

Best year ever: 2023, with € 24,054 profit.

On average € 77,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Remhoogte BV

Director · represented by Piet Vanhauwaert

since 2023 · until 2029

O.T.F. BV

Director · represented by Chloe De Clerck

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Pittemstraat 93

8760 Tielt

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS ascubel.be

Technologies

Google FontsGoogle Tag ManagerLightboxNginxWordPress

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Indexable pages 20,099

Languages NL

Features

Webshop Client portal Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number

0411.906.045

VAT number

BE 0411.906.045

Registered office

Pittemstraat 93, 8760 Tielt

Names & denominations

Ascubel

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 December 1971

Peppol

Active · Active since 21 Oct 2026

Contact

ascubel.be

Activities · NACE

Overige groothandel in consumentenartikelen, n.e.g.

Groothandel in andere consumentenartikelen, neg

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗