Financials
Financial year 2024
A.S.C.O. Elektriciteitswerken from Heusden-Zolder, company number BE0899306794, closed financial year 2024 with a result of € 48,224 after tax. For that financial year A.S.C.O. Elektriciteitswerken recorded a gross margin of € 255,740 and equity of € 14,523. Compared with financial year 2023, the result moved from € 53,799 to € 48,224. The company is profitable. 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 2, 2025.
€ 14,523
▲ € 48,224 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,224
▼ 10% vs 2023
Profit after tax over the fiscal year.
€ 17,037
▼ 51% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -4,077.
People and assets in 2024
€ 156,566
▲ 70% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,977
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 212,908
▼ 6% vs 2023
€ 17,583 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 45,510
▲ 290% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 105,412
▲ 44% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 86,105 | € 218,330 | € 190,808 | € 255,740 | ▲ 34% |
| Profit after taxes | € -33,106 | € -153,743 | € 53,799 | € 48,224 | ▼ 10% |
| Equity | € 66,244 | € -87,500 | € -33,701 | € 14,523 | ▲ € 48,224 |
| Total debts | € 360,409 | € 495,998 | € 424,300 | € 476,330 | ▲ 12% |
| Cash | € 44,301 | € 22,508 | € 34,447 | € 17,037 | ▼ 51% |
| Land & buildings | € 256,016 | € 243,956 | € 231,897 | € 219,837 | ▼ 5% |
| Retained profit | € 47,644 | € -106,100 | € -52,301 | € -4,077 | ▲ € 48,224 |
| Bank debt | € 253,692 | € 239,534 | € 226,132 | € 212,908 | ▼ 6% |
| Balance sheet total | € 426,653 | € 408,498 | € 390,599 | € 490,853 | ▲ 26% |
Key figures of A.S.C.O. Elektriciteitswerken, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to A.S.C.O. Elektriciteitswerken?
What happened at A.S.C.O. Elektriciteitswerken in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 48,224 (▼ 10% vs 2023). filed late Source: NBB ↗
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
- Camel Ulgar became a director. NBB
In short
From € 33,106 loss in 2021 to € 48,224 profit in 2024.
Paid € 182,665 in corporate taxes since 2021.
Best year ever: 2023, with € 53,799 profit.
A new publication or filing at A.S.C.O. Elektriciteitswerken? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind A.S.C.O. Elektriciteitswerken is Camel Ulgar.
Directors
According to the 2024 annual accounts
Camel Ulgar
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Vlassertstraat 24
3550 Heusden-Zolder
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.306.794
- VAT number
- BE 0899.306.794
- Registered office
- Vlassertstraat 24, 3550 Heusden-Zolder
- Names & denominations
- A.S.C.O. Elektriciteitswerken
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2008
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
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