Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Four of the last ten came late. The 2019 accounts came latest: 29 days after the end of the period.
Higher solvency than 89% of companies in construction of buildings. Sector median 42.9% · 9,471 companies.
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 55% on liquidity, 38% on profitability and 33% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,908 companies had the same profile as EB Construct has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EB Construct itself: 0.5% within 12 months.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for EB Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 4.99 (3.26 in 2024), above the usual 1.5. Short-term debt is 18.4% and cash 5.6% of total assets. 18.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| EB Construct Menen | €55,597 | €3,364 | 81.6% | - |
| VLOER-EN TEGELWERKEN DANIELS GUNTHER Brecht | €37,780 | €5,672 | 46.0% | - |
| ON BATI Colfontaine | €54,813 | €3,837 | 89.8% | - |
| LEON RENIERS Retie | €77,087 | €5,662 | 57.2% | - |
| CORRECT PROJECT Herentals | €133,397 | €3,756 | 42.2% | - |
| METSEL-, BETON- EN RENOVATIEWERKEN Wuustwezel | €64,751 | €6,543 | 82.6% | - |
| RDB Construct Niel | €154,826 | €4,778 | 52.6% | - |
These companies have the same main activity as EB Construct: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €37,800 and €155,000, founded between 2002 and 2015.
EB Construct files the micro format. That format states no turnover. The gross margin fell from €16,645 in 2010 to €3,364 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €41,000. Estimated: probably between €21,000 and €76,000.
Higher than 89% of 9,471 companies in 2025.
Higher than 87% of 9,219 companies in 2025.
Higher than 23% of 9,291 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
55,597 | 65,438 | 82,235 | 82,957 | 87,438 | 69,364 | 63,234 | 48,622 | 52,406 | 41,468 | 51,049 | 50,378 | 61,092 | 231,894 | 131,034 | 45,534 | |
21/28 |
4,588 | 7,741 | 10,893 | 14,823 | 2,505 | 3,882 | 6,736 | 10,794 | 17,622 | 21,137 | 22,790 | 6,993 | 13,802 | 12,212 | 16,660 | 21,166 | |
22/27 |
4,588 | 7,741 | 10,893 | 14,823 | 2,505 | 3,882 | 6,736 | 10,794 | 17,622 | 21,137 | 22,790 | 6,993 | 13,802 | 12,212 | 16,660 | 21,166 | |
23 |
3,077 | 4,734 | 6,391 | 8,824 | 1,663 | 2,645 | 5,104 | 3,678 | 5,023 | 6,587 | 1,472 | 2,525 | 4,065 | 5,443 | 6,200 | 7,013 | |
24 |
1,511 | 2,796 | 4,082 | 5,367 | - | - | - | 5,089 | 10,178 | 14,550 | 21,318 | 4,468 | 9,737 | 6,769 | 10,461 | 14,153 | |
26 |
0 | 211 | 421 | 632 | 842 | 1,237 | 1,632 | 2,027 | 2,422 | - | - | - | - | - | - | - | |
29/58 |
51,009 | 57,697 | 71,341 | 68,134 | 84,933 | 65,483 | 56,499 | 37,828 | 34,784 | 20,332 | 28,259 | 43,385 | 47,289 | 219,682 | 114,373 | 24,368 | |
3 |
5,370 | 5,174 | 4,252 | 3,207 | 2,752 | 14,667 | 1,420 | 2,395 | 1,736 | 7,460 | 9,495 | 1,860 | 725 | 172,140 | 89,594 | 1,012 | |
30/36 |
5,370 | 5,174 | 4,252 | 3,207 | 2,752 | 3,720 | 1,420 | 2,395 | 1,736 | 7,460 | 9,495 | 1,860 | 725 | 172,140 | 89,594 | 1,012 | |
37 |
- | - | - | - | - | 10,947 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
37,801 | 47,693 | 54,815 | 58,696 | 58,216 | 28,291 | 28,671 | 29,930 | 28,450 | 7,853 | 8,004 | 14,091 | 5,162 | 43,580 | 23,879 | 14,230 | |
40 |
28,859 | 41,455 | 45,964 | 41,412 | 37,188 | 14,640 | 12,760 | 18,024 | 18,398 | 5,950 | 6,508 | 13,488 | 4,073 | 41,310 | 23,624 | 12,893 | |
41 |
8,942 | 6,239 | 8,851 | 17,284 | 21,028 | 13,651 | 15,911 | 11,906 | 10,052 | 1,903 | 1,496 | 603 | 1,089 | 2,270 | 255 | 1,337 | |
54/58 |
3,128 | 1,395 | 8,776 | 3,961 | 20,887 | 20,090 | 26,408 | 2,720 | 2,826 | 5,019 | 10,760 | 25,835 | 39,875 | 2,497 | 0 | 9,127 | |
490/1 |
4,710 | 3,435 | 3,498 | 2,271 | 3,077 | 2,435 | - | 2,782 | 1,771 | - | - | 1,600 | 1,527 | 1,465 | 900 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
55,597 | 65,438 | 82,235 | 82,957 | 87,438 | 69,364 | 63,234 | 48,622 | 52,406 | 41,468 | 51,049 | 50,378 | 61,092 | 231,894 | 131,034 | 45,534 | |
10/15 |
45,370 | 45,808 | 48,540 | 48,294 | 55,474 | 46,872 | 48,418 | 44,254 | 40,988 | 32,393 | 31,864 | 43,084 | 33,481 | 27,885 | 14,635 | 17,811 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 0 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | 0 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 0 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
11 |
- | - | - | - | - | 12,400 | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 12,400 | - | - | - | - | - | - | - | - | - | - | |
13 |
34,472 | 34,472 | 34,472 | 34,472 | 34,472 | 34,472 | 35,860 | 30,860 | 26,860 | 26,860 | 26,860 | 26,860 | 16,860 | 1,860 | 300 | 300 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 0 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 300 | 300 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
32,612 | 32,612 | 32,612 | 32,612 | 32,612 | 32,612 | 34,000 | 29,000 | 25,000 | 25,000 | 25,000 | 25,000 | 15,000 | - | - | - | |
14 |
-1,502 | -1,064 | 1,668 | 1,422 | 8,602 | 0 | 158 | 994 | 1,728 | -6,868 | -7,396 | 3,824 | 4,221 | 13,625 | 1,935 | 5,111 | |
17/49 |
10,227 | 19,630 | 33,695 | 34,663 | 31,965 | 22,492 | 14,817 | 4,368 | 11,419 | 9,076 | 19,186 | 7,294 | 27,611 | 204,010 | 116,398 | 27,723 | |
17 |
0 | 1,947 | 4,025 | 6,054 | - | - | - | - | - | 815 | 5,649 | - | - | 2,464 | 6,582 | 10,569 | |
170/4 |
0 | 1,947 | 4,025 | 6,054 | - | - | - | - | - | 815 | 5,649 | - | - | 2,464 | 6,582 | 10,569 | |
42/48 |
10,227 | 17,683 | 29,670 | 28,609 | 31,965 | 22,492 | 14,817 | 4,368 | 11,419 | 8,260 | 13,537 | 6,873 | 25,899 | 198,623 | 105,124 | 17,154 | |
42 |
1,947 | 2,077 | 2,030 | 1,983 | - | - | - | - | - | - | - | - | 2,464 | 4,118 | 3,987 | 3,860 | |
43 |
- | - | - | - | - | - | - | - | 815 | 4,833 | 4,733 | - | - | 70,000 | 25,183 | - | |
430/8 |
- | - | - | - | - | - | - | - | 815 | 4,833 | 4,733 | - | - | 70,000 | 25,183 | - | |
44 |
8,280 | 15,606 | 27,641 | 26,626 | 30,239 | 21,334 | 13,664 | 3,357 | 10,592 | 2,819 | 4,468 | 300 | 5,052 | 49,141 | 12,504 | 5,516 | |
440/4 |
8,280 | 15,606 | 27,641 | 26,626 | 30,239 | 21,334 | 13,664 | 3,357 | 10,592 | 2,819 | 4,468 | 300 | 5,052 | 49,141 | 12,504 | 5,516 | |
46 |
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
0 | - | - | - | 1,726 | 1,159 | 1,153 | 1,011 | 11 | 27 | - | 3,947 | 2,268 | 5,422 | 1,198 | 2,040 | |
450/3 |
0 | - | - | - | 1,726 | 1,159 | 1,153 | 1,011 | 11 | 27 | - | 3,947 | 2,268 | 5,422 | 1,198 | 2,040 | |
47/48 |
- | - | - | - | - | - | - | - | - | 581 | 4,336 | 2,626 | 16,115 | 69,942 | 62,252 | 5,739 | |
492/3 |
0 | - | - | - | - | - | - | - | - | - | - | 422 | 1,711 | 2,922 | 4,692 | - | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | 0 | 203 | - | 1,895 | - | 10,000 | - | - | - | - | - | |
9900 |
3,364 | -7,142 | 4,567 | -4,538 | 10,669 | 3,474 | 13,808 | 11,550 | 15,426 | 10,836 | -11,049 | 22,521 | 23,489 | 42,274 | 17,362 | 16,645 | |
62 |
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
3,153 | 3,153 | 3,930 | 2,393 | 1,376 | 2,854 | 7,943 | 7,374 | 7,524 | 9,044 | 8,453 | 8,321 | 10,717 | 6,107 | 5,776 | 6,442 | |
640/8 |
690 | 516 | 863 | 945 | 377 | 1,457 | 1,738 | 836 | 1,530 | 1,076 | 1,400 | 1,016 | 979 | 1,183 | 10,172 | 1,310 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 63 | - | - | 1,135 | |
9901 |
-479 | -10,811 | -226 | -7,876 | 8,916 | -837 | 4,127 | 3,340 | 6,372 | 716 | -20,903 | 13,184 | 11,793 | 34,984 | 1,414 | 8,893 | |
75/76B |
322 | 8,684 | 1,084 | 1,075 | 1,679 | 1,189 | 1,244 | 988 | 2,340 | 169 | 23 | 45 | 220 | 308 | 11 | 143 | |
75 |
322 | 8,684 | 1,084 | 1,075 | 1,679 | 1,189 | 1,244 | 988 | 445 | 169 | 23 | 45 | 220 | 308 | 11 | 143 | |
76B |
- | - | - | - | - | - | - | - | 1,895 | - | - | - | - | - | - | - | |
65/66B |
281 | 605 | 612 | 379 | 268 | 1,892 | 87 | 62 | 133 | 345 | 336 | 548 | 4,772 | 7,523 | 4,600 | 593 | |
65 |
281 | 605 | 612 | 379 | 268 | 1,892 | 87 | 62 | 133 | 345 | 336 | 548 | 4,772 | 7,523 | 4,600 | 593 | |
9903 |
-438 | -2,732 | 246 | -7,180 | 10,328 | -1,540 | 5,283 | 4,266 | 8,579 | 540 | -11,215 | 12,682 | 7,177 | 27,769 | -3,175 | 7,309 | |
67/77 |
- | - | - | - | 1,726 | 6 | 1,119 | 999 | -16 | 11 | 5 | 3,079 | 1,581 | 4,520 | 1 | 1,898 | |
9904 |
-438 | -2,732 | 246 | -7,180 | 8,602 | -1,546 | 4,164 | 3,266 | 8,595 | 529 | -11,220 | 9,603 | 5,596 | 23,249 | -3,175 | 5,411 | |
9905 |
-438 | -2,732 | 246 | -7,180 | 8,602 | -1,546 | 4,164 | 3,266 | 8,595 | 529 | -11,220 | 9,603 | 5,596 | 23,249 | -3,175 | 5,411 | |
| Appropriation of the result | |||||||||||||||||
9906 |
-1,502 | -1,064 | 1,668 | 1,422 | 8,602 | -1,388 | 5,158 | 4,994 | 1,728 | -6,868 | -7,396 | 13,824 | 19,221 | 25,185 | 1,935 | 5,411 | |
14P |
-1,064 | 1,668 | 1,422 | 8,602 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 1,388 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 0 | 5,000 | 4,000 | - | - | - | 10,000 | 15,000 | 1,560 | - | 300 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,560 | - | 300 | |
6921 |
- | - | - | - | - | 0 | 5,000 | 4,000 | - | - | - | 10,000 | 15,000 | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-02-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00045341.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 26-02-2026 | 2026-00045341 | |
| 30-06-2024 | micro format | 24-02-2025 | 2025-00038605 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00027242 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00022857 | |
| 30-06-2021 | micro format | 11-02-2022 | 2022-05400501 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03600428 | |
| 30-06-2019 | micro format | 29-02-2020 | 2020-06000481 | |
| 30-06-2018 | micro format | 22-01-2019 | 2019-01800357 | |
| 30-06-2017 | abbreviated format | 31-01-2018 | 2018-03100068 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02700097 | |
| 30-06-2015 | abbreviated format | 30-01-2016 | 2016-03300186 | |
| 30-06-2014 | abbreviated format | 31-01-2015 | 2015-03800137 | |
| 30-06-2013 | abbreviated format | 15-02-2014 | 2014-04300248 | |
| 30-06-2012 | abbreviated format | 05-02-2013 | 2013-02700520 | |
| 30-06-2011 | abbreviated format | 08-02-2012 | 2012-02800590 | |
| 30-06-2010 | abbreviated format | 22-02-2011 | 2011-04500302 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,674 | -7,658 | 3,704 | -5,483 | 10,292 | 2,017 | 12,070 | 10,713 | 13,896 | 9,760 | -12,450 | 21,506 | 22,510 | 41,092 | 7,190 | 15,335 | ||
| 2,715 | 420 | 4,176 | -4,787 | 9,978 | 1,308 | 12,107 | 10,640 | 16,119 | 9,573 | -2,767 | 17,924 | 16,314 | 29,356 | 2,600 | 11,853 | ||
| 0 | 0 | 0 | 14,710 | 0 | 0 | 3,885 | 545 | 2,115 | 7,391 | 24,250 | 1,512 | 12,870 | 1,659 | 1,270 | 30,243 | ||
| 1,733 | -7,381 | 4,815 | -16,926 | 797 | -6,318 | 23,688 | -106 | -2,193 | -5,741 | -15,075 | -14,040 | 37,378 | 2,497 | -9,127 | - | ||
| 40,782 | 40,014 | 41,671 | 39,525 | 52,968 | 42,990 | 41,682 | 33,461 | 23,365 | 12,071 | 14,722 | 36,512 | 21,390 | 21,059 | 9,249 | 7,214 | ||
| 81.6% | 70.0% | 59.0% | 58.2% | 63.4% | 67.6% | 76.6% | 91.0% | 78.2% | 78.1% | 62.4% | 85.5% | 54.8% | 12.0% | 11.2% | 39.1% | ||
| 4.99 | 3.26 | 2.40 | 2.38 | 2.66 | 2.91 | 3.81 | 8.66 | 3.05 | 2.46 | 2.09 | 6.31 | 1.83 | 1.11 | 1.09 | 1.42 | ||
| 4.46 | 2.97 | 2.26 | 2.27 | 2.57 | 2.26 | 3.72 | 8.11 | 2.89 | 1.56 | 1.39 | 6.04 | 1.80 | 0.24 | 0.24 | 1.36 | ||
| 0.23 | 0.43 | 0.69 | 0.72 | 0.58 | 0.48 | 0.31 | 0.10 | 0.28 | 0.28 | 0.60 | 0.17 | 0.82 | 7.32 | 7.95 | 1.56 | ||
| -1.0% | -6.0% | 0.5% | -14.9% | 15.5% | -3.3% | 8.6% | 7.4% | 21.0% | 1.6% | -35.2% | 22.3% | 16.7% | 83.4% | -21.7% | 30.4% | ||
| -0.8% | -4.2% | 0.3% | -8.7% | 9.8% | -2.2% | 6.6% | 6.7% | 16.4% | 1.3% | -22.0% | 19.1% | 9.2% | 10.0% | -2.4% | 11.9% | ||
| 9.50 | -12.65 | 6.05 | -14.47 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €14,710 |
| €3,153 | €3,153 | €3,930 | €2,393 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €479, smaller than the loss of €10,811 in 2024.
Debt's share of the balance-sheet total falls from 30.0% to 18.4%. Equity and debt are lower.
EB Construct has no parent and no holdings in its annual accounts. Bernard Edwin is the only director. EB Construct shares no director with another company.
| Bernard, Edwin (sole trader)
establishment since 20-05-2015 |
founded in 2015 0876.738.062 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Dadizelestraat 48 registered office 8930 Menen 4100101 General construction of residential buildings | 16-07-2009 | 2.179.375.907 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34372A0374/00E015 | 324 m² | 1 · 128 m² | 10.3 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0811.960.274
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