Financials
Financial year 2025
BASCO from Assenede, company number BE0461052282, closed financial year 2025 with a result of € 41,772 after tax. For that financial year BASCO recorded a gross margin of € 151,299 and equity of € 342,905. Compared with financial year 2024, the result moved from € 99,138 to € 41,772. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 342,905
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,772
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 24,952
▼ 53% 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 € 280,931.
People and assets in 2025
€ 8,540
▼ 97% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 125
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 13% vs 2024
€ 207,016 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,214
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,497
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 348,602 | € 616,334 | € 648,621 | € 151,299 | ▼ 77% |
| Profit after taxes | € -83,603 | € 117,410 | € 99,138 | € 41,772 | ▼ 58% |
| Equity | € 302,402 | € 419,812 | € 301,133 | € 342,905 | ▲ 14% |
| Total debts | € 2,304,065 | € 2,095,180 | € 2,123,575 | € 1,645,119 | ▼ 23% |
| Cash | € 11,964 | € 38,021 | € 52,866 | € 24,952 | ▼ 53% |
| Land & buildings | € 1,413,965 | € 1,409,027 | € 1,382,409 | € 1,339,937 | ▼ 3% |
| Retained profit | € 240,429 | € 357,839 | € 239,160 | € 280,931 | ▲ 17% |
| Dividend | € 0 | € 0 | € 217,817 | € 0 | ▼ 100% |
| Bank debt | € 1,977,693 | € 1,781,159 | € 1,581,192 | € 1,377,732 | ▼ 13% |
| Balance sheet total | € 2,606,467 | € 2,514,992 | € 2,424,708 | € 1,988,024 | ▼ 18% |
| Employees (FTE) | - | 5.2 | 4.8 | - |
Key figures of BASCO, 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 BASCO?
What happened at BASCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,772 (▼ 58% vs 2024). filed late Source: NBB ↗
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 83,603 loss in 2022 to € 41,772 profit in 2025.
Paid € 89,358 in corporate taxes since 2022.
Best year ever: 2023, with € 117,410 profit.
On average € 135,100 of value added per employee in 2024.
Management
Behind BASCO is FRANK DE SUTTER. FRANK DE SUTTER is also behind DS en DS and CONTACT GROEP.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Hogevorst 32
9968 Assenede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.052.282
- VAT number
- BE 0461.052.282
- Registered office
- Hogevorst 32, 9968 Assenede
- Names & denominations
- BASCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 1997
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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