Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 DEVELOPMENT from Maldegem, company number BE0785632296, closed financial year 2025 with a result of € 90,013 after tax. For that financial year ASCOT DEVELOPMENT recorded a gross margin of € 253,343 and equity of € 706,919. Compared with financial year 2024, the result moved from € 241,557 to € 90,013. 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 July 16, 2026.
€ 706,919
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,013
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 79,871
▼ 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 € 633,119.
People and assets in 2025
0.9
Average over the fiscal year, from the social balance sheet.
€ 72,939
▲ € 70,692 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.
€ 42,352
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,060
Loans from banks and other lenders, long and short.
€ 319,478
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,632
▲ 94% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 133,238 | € 609,882 | € 383,111 | € 253,343 | ▼ 34% |
| Profit after taxes | € 92,018 | € 367,810 | € 241,557 | € 90,013 | ▼ 63% |
| Equity | € 165,818 | € 441,663 | € 683,220 | € 706,919 | ▲ 3% |
| Total debts | € 827,329 | € 901,574 | € 975,055 | € 1,607,463 | ▲ 65% |
| Cash | € 8,059 | € 85,801 | € 169,236 | € 79,871 | ▼ 53% |
| Retained profit | € 92,018 | € 367,863 | € 609,420 | € 633,119 | ▲ 4% |
| Bank debt | € 0 | € 0 | € 0 | € 44,060 | |
| Balance sheet total | € 993,147 | € 1,343,236 | € 1,658,274 | € 2,314,381 | ▲ 40% |
| Employees (FTE) | - | 1.1 | 0 | 0.9 |
Key figures of ASCOT DEVELOPMENT, 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 DEVELOPMENT?
What happened at ASCOT DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,013 (▼ 63% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Viconco BV became a director. NBB
- Start of the company according to the CBE. KBO
- Rent & Invest BV became a director. NBB
In short
From € 92,018 profit in 2022 to € 90,013 profit in 2025.
Paid € 276,244 in corporate taxes since 2022.
Best year ever: 2023, with € 367,810 profit.
On average € 554,400 of value added per employee in 2023.
Management
The stake of Viconco, STOCK PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASCOT DEVELOPMENTBehind ASCOT DEVELOPMENT are Viconco BV and Rent & Invest BV. The shares are held by Viconco (80%) and STOCK PROJECTS (20%). It owns 100% of Ascot Development Poland and 50% of Synflow itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Huys Vic
Also active at: STOCK PROJECTS, Ascot Construct, RECAD, ROYAL ASCOT, ROYAL 800, ZOUTE 800, FLEXISTOCK
since 2022
Managing director · represented by Huys Benedict
Also active at: CLEANDIENST, Wienen Bouw, RECON BOUW, STOCK PROJECTS, RECON INTERNATIONAL, ASCOT BELGIUM, Ascot Construct, RECAD +5 more
since 2022
Shareholders
80%
20%
Participations
Ascot Development Poland
100%
50%
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 BELGIUM same network
€ 7 million revenue · 2025
Ascot Construct same network
€ 22.1 million revenue · 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
- 0785.632.296
- VAT number
- BE 0785.632.296
- Registered office
- Oude Weg 39, 9991 Maldegem
- Names & denominations
- ASCOT DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2022
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
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Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Diverse administratieve activiteiten ten behoeve van kantoren