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ASCOT LUITENANT LAND

Active
Public limited companyfounded 20223 yrs activeOude Weg 39, 9991 Maldegem, BelgiumKBO/BCE: BE 0791.481.495
Summary

The computed 12-month bankruptcy probability of ASCOT LUITENANT LAND is 2.4% (moderate). The 2025 annual accounts show equity of €297k and a net result of €-6k. Equity is growing by ~19.2% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
45 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-45
Solvency64▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.74 in 2024; short-term debt: 59.8% and cash: 0.3% of total assets), but 61.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
15 d early
2024
12 d late
2023
21 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2024 · €120k
2023: €-57k 2024: €120k
2023 → 2025
Working capital
€307k▲ 1.3%
2024 · €303k
2023: €185k 2024: €303k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€183k-€303k▲ 65.8%€297k▼ 2.1%
Operating result€-5k-€143k€-5k
Net result€-57k-€120k€-6k
Result per fiscal year
Operating resultNet result
€-100k€0€100kOperating result 2023: €-5k€-5kNet result 2023: €-57k€-57kOperating result 2024: €143k€143kNet result 2024: €120k€120kOperating result 2025: €-5k€-5kNet result 2025: €-6k€-6k202320242025€-100k€0€100kOperating result 2023: €-5k€-4.6kNet result 2023: €-57k€-57kOperating result 2024: €143k€143kNet result 2024: €120k€120kOperating result 2025: €-5k€-5.2kNet result 2025: €-6k€-6.4k202320242025
The operating result turns negative in 2025: a loss of €5k after €143k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €764k
Equity €297k ▼ 2.1%
Debt €467k ▲ 13.5%
Debt's share of the balance-sheet total rises from 57.6% to 61.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.67
2024 · 1.74
Quick ratio
0.09
2024 · 0.03
Debt to equity
1.57
2024 · 1.36
ROE
-2.1%
2024 · 39.7%
ROA
-0.8%
2024 · 16.8%
Debt ≤ 1 year
€457k
2024 · €412k
Income taxes
€0
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€715k€764k
Current assets29/58€715k€764k
Stocks and contracts in progress3€703k€723k
Stocks30/36€703k€723k
Amounts receivable within one year40/41€11k€9k
Trade receivables40€3k€0
Other amounts receivable41€9k€9k=
Cash at bank and in hand54/58€804€2k
Deferred charges and accrued income490/1-€30k
Equity and liabilities
Total equity and liabilities10/49€715k€764k
Equity10/15€303k€297k
Contributions10/11€240k€240k=
Capital10€240k€240k=
Issued capital100€240k€240k=
Reserves13€63k€57k
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€60k€54k
Profit (loss) carried forward14€0-
Amounts payable17/49€412k€467k
Amounts payable within one year42/48€412k€457k
Financial debts43€246k€245k
Credit institutions430/8€246k€245k
Trade debts44€558€1k
Suppliers440/4€558€1k
Other amounts payable47/48€165k€211k
Accrued charges and deferred income492/3€0€10k
Income statement Code20242025
Other operating charges640/8€1k€144
Gross operating margin9900€144k€-5k
Operating profit (loss)9901€143k€-5k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€141k€-6k
Income taxes67/77€21k€0
Profit (loss) for the period9904€120k€-6k
Profit (loss) for the period to be appropriated9905€120k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€63k€-6k
Profit (loss) brought forward from the previous period14P€-57k€0
Transfer from equity791/2-€6k
Transfer to equity691/2€63k€0
To the legal reserve6920€3k€0
To other reserves6921€60k€0
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
12-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial Back to profitnet €120k
Net result €120k after one loss-making year.
31-12
Financial Equity above €200kEq €303k ▲65.8%
Equity rises from €183k to €303k.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oude Weg 399991 Maldegem
Ground area
2.3 ha
Building footprint
7,350 m²
Volume, LiDAR
49,033 m³
Parcel 43001B0421/00X003, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASCOT LUITENANT LAND
Oude Weg 39, 9991 MaldegemReal estate activities
since 20222.336.221.442
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43001B0421/00X003 Flanders 2.3 ha 1 · 7,350 m² 13.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-09-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.