ACTIVE

Ascend Performance Materials

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Financial year 2023 · closed on 31/12/2023
Net result
1,2 M €
+8.3% YoY
Revenue
20,9 M €
-10.2% YoY
Equity
5,3 M €
+28.9% YoY
Workforce
65,1 ETP
+2.4% YoY

What does Ascend Performance Materials do?

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
Activities (NACE)
46751Wholesale of chemical products· main46851Wholesale trade, except of motor vehicles and motorcycles
Joint committees (1)
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

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
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

Phillip Martin McDivitt

Manager · since 01 janvier 2019

Active

Ended mandates

Jamshid Keynejad

Manager · since 09 juin 2015 · until 12 juin 2018

Ended
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Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

Phillip Martin McDivitt

Manager · since 01 janvier 2019

Active

Ended mandates

Jamshid Keynejad

Manager · since 09 juin 2015 · until 12 juin 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  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