Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.2 to 4.6.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ASCOT BELGIUM from Maldegem, company number BE0453344940, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year ASCOT BELGIUM recorded revenue of € 7 million and equity of € 30.1 million. Compared with financial year 2024, the result moved from € 1.1 million to € 4.1 million. 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 July 16, 2026.
€ 30.1 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▲ 262% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 204% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 24.2 million.
People and assets in 2025
4.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 334,813
▼ 6% vs 2024
€ 72,800 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.
Debts at end 2025
€ 6.5 million
▼ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 19,580
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2 days on average.
€ 38,034
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,247,941 | € 12,199,372 | € 3,667,301 | € 7,038,136 | ▲ 92% |
| Profit after taxes | € 1,453,384 | € 4,154,876 | € 1,127,624 | € 4,085,361 | ▲ 262% |
| Equity | € 20,557,037 | € 24,903,856 | € 26,031,480 | € 30,116,842 | ▲ 16% |
| Total debts | € 13,000,398 | € 8,793,074 | € 8,457,840 | € 7,495,489 | ▼ 11% |
| Cash | € 465,101 | € 337,946 | € 341,994 | € 1,039,595 | ▲ 204% |
| Land & buildings | € 70,989 | € 70,989 | € 70,989 | € 70,989 | |
| Retained profit | € 14,868,981 | € 19,023,856 | € 20,151,480 | € 24,236,842 | ▲ 20% |
| Bank debt | € 12,413,762 | € 7,224,033 | € 7,245,322 | € 6,508,235 | ▼ 10% |
| Balance sheet total | € 33,557,435 | € 33,696,930 | € 34,489,320 | € 37,612,330 | ▲ 9% |
| Employees (FTE) | 3.7 | 5.2 | 5 | 4.6 | ▼ 0.4 |
Key figures of ASCOT BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ASCOT BELGIUM?
What happened at ASCOT BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rent & Invest BV stepped down as director. NBB
- Ascot Development NV stepped down as director. NBB
- Enisor BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.1 million (▲ 262% vs 2024). Source: NBB ↗
- Enisor BV became a director. NBB
- Rent & Invest BV became a director. NBB
- Ascot Development NV became a director. NBB
- New establishment in Maldegem. KBO
In short
From € 1.5 million profit in 2022 to € 4.1 million profit in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 4.2 million profit.
Pays suppliers within 2 days on average.
Management
The stake of ROYAL ASCOT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASCOT BELGIUMThe shares are held by ROYAL ASCOT (50%). It owns 100% of Ascot Beta Construct, 100% of Ascot Resim Land, 100% of Ascot Construct, 100% of Ascot Resim, 80% of Ascot Haaltert Construct and 80% of Ascot Haaltert Land itself.
Directors
According to the 2025 annual accounts
Director · represented by De Clercq Johan
Also active at: Beroepskrediet Willy Michiels, HOF SOMERGEM, Société de l'Abbaye, FLANDERS INVESTMENT COMPANY, WIELEN EN MOTOREN, IMMOBILIERE ALHAMBRA, JUSTBITE, MEIR 6163 +3 more
since 2022 · until 2027
Managing director · represented by Huys Benedict
Also active at: CLEANDIENST, Wienen Bouw, RECON BOUW, STOCK PROJECTS, RECON INTERNATIONAL, Ascot Construct, RECAD, ROYAL ASCOT +5 more
since 2022 · until 2028
Managing director · represented by Huys Vic
Also active at: Ascot Construct, ASCOT JUPITER LAND, ASCOT NOVA CONSTRUCT, ASCOT JUPITER CONSTRUCT, SYNFLOW, ASCOT VENUS CONSTRUCT
since 2022 · until 2028
Shareholders
50%
Participations
100%
100%
100%
100%
80%
80%
65%
Ascot Projects Poland
65%
65%
45%
45%
Establishments
Establishment units
Physical locations of this company
Oude Weg 39
9991 Maldegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Wienen Bouw same network
€ 31.1 million revenue · 2025
RECON BOUW same network
€ 70.2 million revenue · 2026
STOCK PROJECTS same network
€ 372,980 gross margin · 2025
Ascot Construct same network
€ 22.1 million revenue · 2025
BVW Invest
€ 55,061 gross margin · 2025
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.344.940
- VAT number
- BE 0453.344.940
- Registered office
- Oude Weg 39, 9991 Maldegem
- Names & denominations
- ASCOT BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 1994
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handel in eigen onroerend goed
Algemene bouw van residentiële gebouwen
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Algemene bouw van kantoorgebouwen
Bouw van autowegen en andere wegen
Activiteiten van bouwarchitecten
Overige werkzaamheden in verband met de afwerking van gebouwen
+1