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ESTATEX

Active
Private limited companyfounded 20233 yrs activeBelgicastraat 37, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0800.911.182
Summary

The computed 12-month bankruptcy probability of ESTATEX is 4.1% (elevated). The 2024 annual accounts show equity of €87,975 and a net result of -€32,025. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability7
Solvency51
Growth-
Track record79
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.24; short-term debt: 29.3% and cash: 6.8% of total assets), and 74.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 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
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 2024
Solvency, return and age of the figures
Solvency
25.7%
Return on assets
-9.4%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
31 d early
2024
55 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 43 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
01-10-2026 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

History

On 19 April 2023, ESTATEX was incorporated as a Private limited company.1 In 2026 the registered office moved to Bilzen.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 05-05-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Equity
€87,975
Total assets
€342,455
Net result
-€32,025
Working capital
-€76,375

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €342,455
Fixed assets €318,575
Current assets €23,881
Equity and liabilities €342,455
Equity €87,975
Debt €254,480
Debt finances 74.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€16,089
Cash flow
-€21,800
Current ratio
0.24
Debt to equity
2.89
ROE
-36.4%
ROA
-9.4%
Interest coverage
-2.82
Debt ≤ 1 year
€100,256
Debt > 1 year
€154,203

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 1,271 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
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€342,455
Fixed assets21/28€318,575
Tangible fixed assets22/27€318,575
Land and buildings22€318,575
Current assets29/58€23,881
Amounts receivable within one year40/41€741
Trade receivables40€741
Cash at bank and in hand54/58€23,139
Deferred charges and accrued income490/1€2
Equity and liabilities
Total equity and liabilities10/49€342,455
Equity10/15€87,975
Contributions10/11€120,000
Profit (loss) carried forward14-€32,025
Amounts payable17/49€254,480
Amounts payable after more than one year17€154,203
Financial debts170/4€154,203
Amounts payable within one year42/48€100,256
Current portion of amounts payable after more than one year42€7,411
Trade debts44€1,312
Suppliers440/4€1,312
Other amounts payable47/48€91,534
Accrued charges and deferred income492/3€21
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,225
Other operating charges640/8€1,779
Gross operating margin9900-€14,310
Operating profit (loss)9901-€26,314
Financial charges65/66B€5,711
Recurring financial charges65€5,711
Profit (loss) for the period before taxes9903-€32,025
Profit (loss) for the period9904-€32,025
Profit (loss) for the period to be appropriated9905-€32,025
Appropriation of the result
Profit (loss) to be appropriated9906-€32,025
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,225
Other operating charges640/8€1,779
Gross operating margin9900-€14,310
Operating profit (loss)9901-€26,314
Financial charges65/66B€5,711
Recurring financial charges65€5,711
Profit (loss) for the period before taxes9903-€32,025
Profit (loss) for the period9904-€32,025
Profit (loss) for the period to be appropriated9905-€32,025
Line2024
Assets
Total assets20/58€342,455
Fixed assets21/28€318,575
Tangible fixed assets22/27€318,575
Land and buildings22€318,575
Current assets29/58€23,881
Amounts receivable within one year40/41€741
Trade receivables40€741
Cash at bank and in hand54/58€23,139
Deferred charges and accrued income490/1€2
Equity and liabilities
Total equity and liabilities10/49€342,455
Equity10/15€87,975
Contributions10/11€120,000
Profit (loss) carried forward14-€32,025
Amounts payable17/49€254,480
Amounts payable after more than one year17€154,203
Financial debts170/4€154,203
Amounts payable within one year42/48€100,256
Current portion of amounts payable after more than one year42€7,411
Trade debts44€1,312
Suppliers440/4€1,312
Other amounts payable47/48€91,534
Accrued charges and deferred income492/3€21
Line2024
Profit (loss) for the period9904-€32,025
+ Depreciation and write-downs630€10,225
Operating cash flow (approximation)-€21,800

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
18-05
State Gazette act Resignation: CommV Quick IT (non-statutory director)
4 facts ▸
  • General meeting, 07-05-2026
  • Director resignation, CommV Quick IT (non-statutory director)
  • Board meeting, 07-05-2026
  • Director resignation, CommV Quick IT (managing director)
05-05
State Gazette act Registered office
Registered-office move · Power of attorney3 facts ▸
  • General meeting, 14-04-2026
  • Registered-office move, Belgicastraat 37, 3740 Bilzen
  • Power of attorney, BV AV Consulting
2025
06-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
State Gazette actNBB filing
2 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
4,110 m²
Building footprint
392 m²
Volume, LiDAR
1,081 m³
2 parcels, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ESTATEX
Ninoofsesteenweg(DE) 118, 9450 HaaltertActivities auxiliary to financial services and insurance activities
since 20232.344.367.957
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41010B1835/00Y002 Flanders 3,883 m² 1 · 249 m² 8.6 m · 1 fl.
73006H1222/00Z004 Flanders 227 m² 1 · 143 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Quick IT CommV
  • Non-statutory director, until 18-05-2026
  • Managing director, until 18-05-2026
See the board, name and seat on a given date →

Company details

Identification
Legal formPrivate limited company
Founded19-04-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800911182
Also 9925:BE0800911182
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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