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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Adscendo from Glabbeek, company number BE0800564556, closed financial year 2025 with a result of € 670,353 after tax. For that financial year Adscendo recorded a gross margin of € 2.7 million and equity of € 610,222. Compared with financial year 2024, the result moved from € 599,870 to € 670,353. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 610,222
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 670,353
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 162,642
Cash and bank balances on the last day of the fiscal year.
€ 670,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
16.3
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 43% vs 2024
€ 68,500 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.
€ 238,540
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 15% vs 2024
€ 324,325 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 118,767
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 612,949
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 3,490,176 | € 2,722,149 | ▼ 22% |
| Profit after taxes | € 599,870 | € 670,353 | ▲ 12% |
| Equity | € 609,870 | € 610,222 | |
| Total debts | € 3,140,346 | € 3,629,480 | ▲ 16% |
| Cash | - | € 162,642 | |
| Retained profit | € 599,870 | € 600,222 | |
| Dividend | € 0 | € 670,000 | |
| Bank debt | € 2,617,941 | € 2,237,930 | ▼ 15% |
| Balance sheet total | € 3,750,216 | € 4,239,702 | ▲ 13% |
| Employees (FTE) | 15.7 | 16.3 | ▲ 0.6 |
Key figures of Adscendo, fiscal years 2024 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 Adscendo?
What happened at Adscendo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 670,353 (▲ 12% vs 2024). filed late Source: NBB ↗
- New establishment in Haacht. KBO
- New establishment in Tremelo. KBO
- New establishment in Herent. KBO
- New establishment in Bertem. KBO
- New establishment in Leuven. KBO
- New establishment in Glabbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 599,870 profit in 2024 to € 670,353 profit in 2025.
Paid € 463,419 in corporate taxes since 2024.
Best year ever: 2025, with € 670,353 profit.
On average € 167,000 of value added per employee in 2025.
Management
The stake of VELTIOS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AdscendoBehind Adscendo are Veltios BV and Van Meensel BV. The shares are held by VELTIOS (45%).
Directors
According to the 2025 annual accounts
Shareholders
45%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vissenakensesteenweg 17/A
3380 Glabbeek
Werchtersesteenweg 21
3150 Haacht
Active since 1 July 2023
Schrieksebaan 8
3120 Tremelo
Active since 1 July 2023
Half Daghmael 3
3020 Herent
Active since 1 July 2023
Fr. Dottermansstraat 1
3060 Bertem
Active since 1 July 2023
Tiensesteenweg 333
3010 Leuven
Active since 1 July 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.564.556
- VAT number
- BE 0800.564.556
- Registered office
- Vissenakensesteenweg 17/A, 3380 Glabbeek
- Names & denominations
- Adscendo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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