ENDURANCE
ActiveSummary
ENDURANCE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,596) and a net result of €19,974. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 3510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.18 in 2024; short-term debt: 159.2% and cash: 59% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-63.8%
Return on assets
65%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 3510 sector peers (2025).
NBB · sector comparisonPosition among 3510 sector peers
Solvency
better than 8%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
22 d early
2022
28 d early
2021
8 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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. Usually files around 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€19,596▲ 50.5%
2024 · -€39,570
Total assets
€30,736▲ 103%
2024 · €15,156
Net result
€19,974
2024 · -€17,417
Working capital
-€20,326▲ 51.3%
2024 · -€41,745
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€562-€505▼ 10.2%-€23,682-€15,948▲ 32.7%€21,092
Net result€47within the sector's middle half-€154within the sector's middle half▲ 230%-€24,853below the sector's middle half-€17,417below the sector's middle half▲ 29.9%€19,974within the sector's middle half
Equity€2,547below the sector's middle half-€2,700below the sector's middle half▲ 6.0%-€22,153below the sector's middle half-€39,570below the sector's middle half▼ 78.6%-€19,596below the sector's middle half▲ 50.5%
Total assets€6,938below the sector's middle half-€8,738below the sector's middle half▲ 25.9%€22,784below the sector's middle half▲ 161%€15,156below the sector's middle half▼ 33.5%€30,736below the sector's middle half▲ 103%
Debt€4,392-€6,038▲ 37.5%€44,937▲ 644%€54,726▲ 21.8%€50,333▼ 8.0%
Working capital€1,587within the sector's middle half-€629within the sector's middle half▼ 60.3%-€23,102below the sector's middle half-€41,745below the sector's middle half▼ 80.7%-€20,326below the sector's middle half▲ 51.3%
Solvency36.7%within the sector's middle half-30.9%within the sector's middle half▼ 5.8pp-97.2%below the sector's middle half▼ 128.1pp-261.1%below the sector's middle half▼ 163.8pp-63.8%below the sector's middle half▲ 197.3pp
Current ratio1.36within the sector's middle half-1.10within the sector's middle half▼ 0.260.35below the sector's middle half▼ 0.750.18below the sector's middle half▼ 0.170.58below the sector's middle half▲ 0.40
Return on assets (ROA)0.7%within the sector's middle half-1.8%within the sector's middle half▲ 1.1pp-109.1%below the sector's middle half▼ 110.8pp-114.9%below the sector's middle half▼ 5.8pp65.0%above the sector's middle half▲ 179.9pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21,092 after a loss of €15,948 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30,736
Fixed assets
€2,144 ▼ 63.1%
Current assets
€28,592 ▲ 206%
Key figures and ratios
EBITDA
€24,766▲
2024 · -€11,643
Cash flow
€23,647▲
2024 · -€13,112
Debt to equity
-2.57▼
2024 · -1.38
Interest coverage
9.78▲
2024 · -7.93
Debt ≤ 1 year
€48,918▼
2024 · €51,084
Debt > 1 year
€0▼
2024 · €3,643
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.8%
went bankrupt
5.8%
stopped otherwise
89%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,282 | €1,161 | €2,590 | €4,305 | €3,674 | ▼ 14.7% |
| Other operating charges640/8 | €101 | €102 | €493 | €611 | €1,140 | ▲ 86.5% |
| Gross operating margin9900 | €2,944 | €1,767 | -€20,598 | -€11,032 | €25,905 | ▲ 335% |
| Operating profit (loss)9901 | €562 | €505 | -€23,682 | -€15,948 | €21,092 | ▲ 232% |
| Financial income75/76B | €0 | €48 | €86 | €0 | €1,414 | - |
| Recurring financial income75 | €0 | €48 | €86 | €0 | €1,414 | - |
| Financial charges65/66B | €347 | €98 | €1,257 | €1,469 | €2,533 | ▲ 72.4% |
| Recurring financial charges65 | €347 | €98 | €1,257 | €1,469 | €2,533 | ▲ 72.4% |
| Profit (loss) for the period before taxes9903 | €214 | €455 | -€24,853 | -€17,417 | €19,974 | ▲ 215% |
| Income taxes67/77 | €168 | €301 | €0 | - | - | - |
| Profit (loss) for the period9904 | €47 | €154 | -€24,853 | -€17,417 | €19,974 | ▲ 215% |
| Profit (loss) for the period to be appropriated9905 | €47 | €154 | -€24,853 | -€17,417 | €19,974 | ▲ 215% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,938 | €8,738 | €22,784 | €15,156 | €30,736 | ▲ 103% |
| Fixed assets21/28 | €960 | €2,071 | €10,122 | €5,818 | €2,144 | ▼ 63.1% |
| Tangible fixed assets22/27 | €960 | €2,071 | €10,122 | €5,818 | €2,144 | ▼ 63.1% |
| Plant, machinery and equipment23 | €960 | €2,071 | €884 | €127 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €9,239 | €5,691 | €2,144 | ▼ 62.3% |
| Current assets29/58 | €5,978 | €6,667 | €12,661 | €9,338 | €28,592 | ▲ 206% |
| Amounts receivable within one year40/41 | €971 | €6,667 | €5,375 | €2,012 | €5,048 | ▲ 151% |
| Trade receivables40 | - | €6,073 | €218 | €1,972 | €3,474 | ▲ 76.2% |
| Other amounts receivable41 | €971 | €594 | €5,157 | €40 | €1,573 | ▲ 3,796% |
| Cash at bank and in hand54/58 | €4,678 | - | €334 | €63 | €18,128 | ▲ 28,493% |
| Deferred charges and accrued income490/1 | €330 | - | €6,952 | €7,263 | €5,417 | ▼ 25.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,938 | €8,738 | €22,784 | €15,156 | €30,736 | ▲ 103% |
| Equity10/15 | €2,547 | €2,700 | -€22,153 | -€39,570 | -€19,596 | ▲ 50.5% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €47 | €200 | €200 | €200 | €200 | = |
| Distributable reserves133 | €47 | €200 | €200 | €200 | €200 | = |
| Profit (loss) carried forward14 | - | - | -€24,853 | -€42,270 | -€22,297 | ▲ 47.3% |
| Amounts payable17/49 | €4,392 | €6,038 | €44,937 | €54,726 | €50,333 | ▼ 8.0% |
| Amounts payable after more than one year17 | - | - | €9,174 | €3,643 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €9,174 | €3,643 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €4,392 | €6,038 | €35,763 | €51,084 | €48,918 | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | - | - | €5,147 | €5,531 | €3,643 | ▼ 34.1% |
| Trade debts44 | €310 | €3,328 | €3,235 | €7,401 | €7,710 | ▲ 4.2% |
| Suppliers440/4 | €310 | €3,328 | €3,235 | €7,401 | €7,710 | ▲ 4.2% |
| Taxes, remuneration and social security45 | €254 | €387 | €0 | €4,155 | €2,509 | ▼ 39.6% |
| Taxes450/3 | €254 | €387 | €0 | €4,155 | €2,509 | ▼ 39.6% |
| Other amounts payable47/48 | €3,828 | €2,323 | €27,381 | €33,996 | €35,057 | ▲ 3.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,414 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47 | €154 | -€24,853 | -€17,417 | €19,974 | ▲ 215% |
| + Depreciation and write-downs630 | €2,282 | €1,161 | €2,590 | €4,305 | €3,674 | ▼ 14.7% |
| Operating cash flow (approximation) | €2,328 | €1,314 | -€22,263 | -€13,112 | €23,647 | ▲ 280% |
| Investment in fixed assets (approximation) | - | -€2,272 | -€10,642 | €0 | €0 | - |
| Change in cash | - | - | - | -€271 | €18,064 | ▲ 6,768% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €19,974
Net result €19,974 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€24,853
Net result drops to -€24,853, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Antwerpen · 1 establishment unit since 2020
Ground area
140 m²
Building footprint
68 m²
Volume, LiDAR
358 m³
Parcel 11006A0315/00L012, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ENDURANCE
since 20202.306.001.190
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0315/00L012 | Flanders | 140 m² | 1 · 68 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,998 EUR awarded · 1,976 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 624 EUR | 624 EUR |
| 2023 | 1 | 1,374 EUR | 1,352 EUR |
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Of 4,560 companies in sector 74999 we hold annual accounts for 1,935. 460 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
66300Activities auxiliary to financial services and insurance activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0752659325
Also
9925:BE0752659325
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.