ACTIVE

Ascend Performance Materials

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Financial year 2023 · Closed on 31/12/2023

Net result1,2 M €+8,3 %over 1 year
Revenue20,9 M €-10,2 %over 1 year
Equity5,3 M €+28,9 %over 1 year
Workforce65,1 ETP+2,4 %over 1 year

Identity

Source · BCE/KBO

Ascend Performance Materials is a Private limited company incorporated in 2009. Its main activity is: Wholesale of chemical products. Its registered office is in Mont-Saint-Guibert. It employs on average 65,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0810.113.316
Incorporation
27/02/2009
Legal form
Private limited company
Registered office
Rue Granbonpré 11
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2023
Average workforce
65,1 ETP
Joint committees (1)
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 4 financial years

2023202220172016
Income statement
Revenue20,9 M €23,3 M €337,4 M €264,5 M €
EBITDA1,9 M €2,2 M €11,8 M €7,8 M €
Operating result1,8 M €3,8 M €11,7 M €7,8 M €
Net result1,2 M €1,1 M €7,5 M €4,4 M €
Balance sheet
Equity5,3 M €4,1 M €23 M €36,9 M €
Total assets11,5 M €10,7 M €89,8 M €73,8 M €
Cash683,4 k €1,4 M €870,6 k €1,3 M €
Debts6,1 M €6,4 M €65,8 M €36,6 M €
Other
Workforce65,1 ETP63,6 ETP30,1 ETP27,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Phillip Martin McDivitt
Managersince 01/01/2019

Ended mandates

DirectorMandates in this companyPeriod
Jamshid Keynejad
Manager09/06/2015 → 2017 accounts

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Rue Granbonpré 11 1435 Mont-Saint-Guibert
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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/03/202614/03/202522/12/202330/06/202201/07/202116/07/2020
General meeting05/03/202608/10/202422/12/202329/06/202229/06/202114/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202405/03/202610/03/2026FrenchPDF
Full model31/12/202308/10/202414/03/2025FrenchPDF
Full model31/12/202222/12/202322/12/2023FrenchPDF
Full model31/12/202129/06/202230/06/2022FrenchPDF
Full model31/12/202029/06/202101/07/2021FrenchPDF
Full model31/12/201914/07/202016/07/2020FrenchPDF
Full model31/12/201809/07/201929/07/2019FrenchPDF
Full model31/12/201712/06/201818/06/2018FrenchPDF
Full model31/12/201613/06/201728/06/2017FrenchPDF
Full model31/12/201514/06/201621/06/2016FrenchPDF
Full model31/12/201409/06/201512/06/2015FrenchPDF
Full model31/12/201310/06/201417/06/2014FrenchPDF
Full model31/12/201211/06/201314/06/2013FrenchPDF
Full model31/12/201103/07/201211/07/2012FrenchPDF
Full model31/12/201026/07/201129/07/2011FrenchPDF
Full model31/12/200929/07/201002/08/2010FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2023

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Phillip Martin McDivitt
Managersince 01/01/2019

Ended mandates

DirectorMandates in this companyPeriod
Jamshid Keynejad
Manager09/06/2015 → 2017 accounts

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/07/2022
    DEMISSIONS, NOMINATIONS
    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
Filings4 filings
Mandates
Phillip Martin McDivitt
Jamshid Keynejad
200920102011201220132014201520162017201820192020202120222023202420252026
Ascend Performance Materials
Rue Granbonpré 11, 1435 Mont-Saint-Guibert
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Granbonpré 11, 1435 Mont-Saint-GuibertCurrent
accounts 2022 → 2023
Accounts 2023 · 2025-00048139

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Ascend Performance MaterialsCurrent
accounts 2016 → 2023
Accounts 2023 · 2025-00048139

Events

  1. 10/12/2025
    nominationTim Frielingsdorf · administrateur
  2. 10/12/2025
    nominationChristelle Statler · administrateur
  3. 10/12/2025
    nominationScott Andrew Ralston · administrateur
  4. 08/10/2024
    nominationKPMG Réviseurs d'Entreprises BV/SRL · commissaire
  5. 29/06/2024
    nominationFabian Branswyk · représentant permanent (commissaire aux comptes)
  6. 23/06/2024
    nominationChristelle STALLER · général agent
  7. 01/06/2024
    nominationRizwan AMANULLAH · Sr. Vice President & CFO
  8. 01/06/2024
    nominationScott Andrew RALSTON · Sr Vice President, General Counsel & Secretary
  9. 01/06/2024
    nominationTim FRIELINGSDORF
  10. 2023
    Annual accounts 20231,2 M €↑
  11. 06/07/2023
    nominationRizwan AMANULLAH · Sr. Vice President & CFO
  12. 06/07/2023
    nominationFintay MORRISON · Sr. Vice President & Chief Integrated Supply Chain Officer
  13. 06/07/2023
    nominationTim FRIELINGSDORF · Trésorier
  14. 2022
    Annual accounts 20221,1 M €↓
  15. 2017
    Annual accounts 20177,5 M €↑
  16. 2016
    Annual accounts 20164,4 M €
  17. 27/02/2009
    IncorporationPrivate limited company