ACTIVE

Adscendo

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Financial year 2025 · Closed on 31/12/2025

Net result670,4 k €+11,7 %over 1 year
Gross margin2,7 M €-22,0 %over 1 year
Equity610,2 k €+0,1 %over 1 year
Workforce16,3 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

Adscendo is a Private limited company incorporated in 2023. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Glabbeek. It employs on average 16,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0800.564.556
Incorporation
07/04/2023
Legal form
Private limited company
Registered office
Vissenakensesteenweg 17/A
3380 Glabbeek · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
16,3 ETP
Joint committees (1)
  • 341
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20252024
Income statement
Gross margin2,7 M €3,5 M €
EBITDA1,4 M €1,5 M €
Operating result1 M €973,6 k €
Net result670,4 k €599,9 k €
Balance sheet
Equity610,2 k €609,9 k €
Total assets4,2 M €3,8 M €
Cash162,6 k €–
Debts3,6 M €3,1 M €
Other
Workforce16,3 ETP15,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VAN MEENSEL0472.882.027Represented by Nico Van Meensel
Directorsince 05/06/2023
VELTIOS0685.945.495Represented by Jan Billen
Directorsince 05/06/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
R-A V Finance0733.919.519Represented by Emanuel Vanhemelen
Director05/06/2023 → 20/11/2024
Emanuel Vanhemelen
Director07/04/2023 → 05/06/2023
Jan Billen
Director07/04/2023 → 05/06/2023
Nico Van Meensel
Director07/04/2023 → 05/06/2023

Full financial information

Source · NBB
20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202507/04/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months21 months
Filing date15/10/202603/10/2025
General meeting14/10/202629/09/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/10/202615/10/2026DutchPDF
Abridged model31/12/202429/09/202503/10/2025DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VAN MEENSEL0472.882.027Represented by Nico Van Meensel
Directorsince 05/06/2023
VELTIOS0685.945.495Represented by Jan Billen
Directorsince 05/06/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
R-A V Finance0733.919.519Represented by Emanuel Vanhemelen
Director05/06/2023 → 20/11/2024
Emanuel Vanhemelen
Director07/04/2023 → 05/06/2023
Jan Billen
Director07/04/2023 → 05/06/2023
Nico Van Meensel
Director07/04/2023 → 05/06/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/11/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares20/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates06/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/04/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings2 filings
Mandates
VAN MEENSEL
VELTIOS
R-A V Finance
Jan Billen
Nico Van Meensel
Emanuel Vanhemelen
2023202420252026
Adscendo
Vissenakensesteenweg 17 bte A, 3380 Glabbeek (Zuurbemde)
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Vissenakensesteenweg 17/A, 3380 Glabbeek (Zuurbemde)Current
CBE
Vissenakensesteenweg 17 bte A, 3380 Glabbeek (Zuurbemde)
accounts 2024 → 2025
Accounts 2025 · 2026-00560966

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
AdscendoCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00560966

Events

  1. 2025
    Annual accounts 2025670,4 k €↑
  2. 2024
    Annual accounts 2024599,9 k €
  3. 07/04/2023
    IncorporationPrivate limited company