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EXTEND

Active
Public limited companyfounded 1990active for 35 yearsSchildedreef 1A, 2970 Schilde, BelgiumKBO/BCE: BE 0442.867.554
Summary

EXTEND has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €708,655. Equity is growing by about 9.7% per year across the filed financial years. Its solvency ranks better than 88% of 16,873 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (82 days) Filed on 23 April 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00091276.

Equity
€3.5m▲ 108%
2024 · €1.7m
Total assets
€4.1m▲ 140%
2024 · €1.7m
Net result
€708,655▲ 1,217%
2024 · €53,821
Working capital
€3.2m▲ 667%
2024 · €416,268
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,594% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.8m 2025 Net result€0.7m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.1m▲ 38.5%€0.07m▼ 46.2%€0.02m▼ 69.5%€0.01m▼ 55.0%€0.05m▲ 390%€0.8m▲ 1,594%
Net result€0.07m-€0.1mabove the sector's middle half▲ 76.5%€0.05mabove the sector's middle half▼ 60.0%€0.03mwithin the sector's middle half▼ 42.9%€0.02mwithin the sector's middle half▼ 10.3%€0.05mwithin the sector's middle half▲ 117%€0.7mabove the sector's middle half▲ 1,217%
Equity€1.1m-€1.5mabove the sector's middle half▲ 44.1%€1.6mabove the sector's middle half▲ 3.2%€1.6mabove the sector's middle half▲ 1.8%€1.6mabove the sector's middle half▲ 1.6%€1.7mabove the sector's middle half▲ 3.3%€3.5mabove the sector's middle half▲ 108%
Total assets€1.6m-€1.7mabove the sector's middle half▲ 4.4%€1.7mabove the sector's middle half▲ 0.8%€1.6mabove the sector's middle half▼ 2.0%€1.6mwithin the sector's middle half▼ 0.1%€1.7mwithin the sector's middle half▲ 4.9%€4.1mabove the sector's middle half▲ 140%
Debt€0.5m-€0.1m▼ 73.7%€0.1m▼ 24.7%€0.04m▼ 57.8%€0.02m▼ 59.9%€0.04m▲ 150%€0.09m▲ 98.3%
Working capital-€0.3m-€0.2mabove the sector's middle half€0.2mabove the sector's middle half▲ 45.3%€0.3mabove the sector's middle half▲ 14.4%€0.3mwithin the sector's middle half▲ 19.5%€0.4mwithin the sector's middle half▲ 26.3%€3.2mabove the sector's middle half▲ 667%
Solvency66.3%-91.5%above the sector's middle half▲ 25.2pp93.7%above the sector's middle half▲ 2.1pp97.3%above the sector's middle half▲ 3.6pp98.9%above the sector's middle half▲ 1.6pp97.4%above the sector's middle half▼ 1.5pp84.3%above the sector's middle half▼ 13.1pp
Current ratio0.40-2.73above the sector's middle half▲ 2.323.90above the sector's middle half▲ 1.187.24above the sector's middle half▲ 3.3319.34above the sector's middle half▲ 12.1011.34above the sector's middle half▼ 8.0039.49above the sector's middle half▲ 28.15
Return on assets (ROA)4.3%-7.3%within the sector's middle half▲ 3.0pp2.9%within the sector's middle half▼ 4.4pp1.7%within the sector's middle half▼ 1.2pp1.5%within the sector's middle half▼ 0.2pp3.1%within the sector's middle half▲ 1.6pp17.2%above the sector's middle half▲ 14.0pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
  • 2025 Net result +1,217% on 2024. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets €849,999 ▼ 32.7%
Current assets €3.3m ▲ 618%
Equity and liabilities €4.1m
Equity €3.5m ▲ 108%
Provisions €559,052
Debt €88,969 ▲ 98.3%
Debt's share of the balance-sheet total falls from 2.6% to 2.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€939,335▲
2024 · €87,622
Cash flow
€802,078▲
2024 · €91,494
Debt to equity
0.03▼
2024 · 0.03
ROE
20.4%▲
2024 · 3.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€82,969▲
2024 · €40,271
Income taxes
€4,993▼
2024 · €24,150
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 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 74.5% 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 20,139 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 · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€4.1m▲
Fixed assets21/28€1.3m€0.8m▼
Tangible fixed assets22/27€0.7m€0.8m▲
Land and buildings22€0.7m€0.8m▲
Furniture and vehicles24-€0.08m
Financial fixed assets28€0.6m€0.002m▼
Current assets29/58€0.5m€3.3m▲
Amounts receivable after more than one year29-€0.4m
Other amounts receivable291-€0.4m
Amounts receivable within one year40/41€0.4m€0.6m▲
Trade receivables40-€0.09m
Other amounts receivable41€0.4m€0.6m▲
Cash at bank and in hand54/58€0.03m€2.2m▲
Deferred charges and accrued income490/1€0.02m€0.04m▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€4.1m▲
Equity10/15€1.7m€3.5m▲
Contributions10/11€0.06m€0.2m▲
Capital10€0.06m€0.2m▲
Issued capital100€0.06m€0.2m▲
Reserves13€0.4m€3.3m▲
Non-distributable reserves130/1€0.006m€0.02m▲
Legal reserve130€0.006m€0.02m▲
Tax-exempt reserves132€0.006m€1.5m▲
Distributable reserves133€0.4m€1.8m▲
Profit (loss) carried forward14€1.2m€0▼
Provisions and deferred taxes16-€0.6m
Deferred taxes168-€0.6m
Amounts payable17/49€0.04m€0.09m▲
Amounts payable within one year42/48€0.04m€0.08m▲
Current portion of amounts payable after more than one year42-€0.02m
Trade debts44€0.008m€0.05m▲
Suppliers440/4€0.008m€0.05m▲
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.03m€0.02m▼
Accrued charges and deferred income492/3€0.005m€0.006m▲
Income statement Code20242025
Non-recurring operating income76A-€1.2m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.09m▲
Other operating charges640/8€0.02m€0.03m▲
Non-recurring operating charges66A-€0.2m
Gross operating margin9900€0.1m€1.1m▲
Operating profit (loss)9901€0.05m€0.8m▲
Financial income75/76B€0.03m€0.04m▲
Recurring financial income75€0.03m€0.04m▲
Financial charges65/66B€284€0.005m▲
Recurring financial charges65€284€0.005m▲
Profit (loss) for the period before taxes9903€0.08m€0.9m▲
Transfer from deferred taxes780-€0.002m
Transfer to deferred taxes680-€0.2m
Income taxes67/77€0.02m€0.005m▼
Profit (loss) for the period9904€0.05m€0.7m▲
Transfer from tax-exempt reserves789-€0.009m
Transfer to tax-exempt reserves689-€0.7m
Profit (loss) for the period to be appropriated9905€0.05m€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.3m€1.4m▲
Profit (loss) brought forward from the previous period14P€1.2m€1.3m▲
Transfer to equity691/2€0.05m€1.4m▲
To other reserves6921€0.05m€1.4m▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€1.2m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m€0.06m€0.04m€0.04m€0.04m€0.09m▲ 148%
Other operating charges640/8---€0.01m€0.01m€0.02m€0.03m▲ 68.1%
Non-recurring operating charges66A------€0.2m-
Gross operating margin9900€0.2m€0.2m€0.1m€0.08m€0.06m€0.1m€1.1m▲ 993%
Operating profit (loss)9901€0.1m€0.1m€0.07m€0.02m€0.01m€0.05m€0.8m▲ 1,594%
Financial income75/76B---€0.02m€0.03m€0.03m€0.04m▲ 30.2%
Recurring financial income75€0.009m€0.01m€0.02m€0.02m€0.03m€0.03m€0.04m▲ 30.2%
Financial charges65/66B---€0.003m€0.001m€284€0.005m▲ 1,631%
Recurring financial charges65€0.008m€0.006m€0.006m€0.003m€0.001m€284€0.005m▲ 1,631%
Profit (loss) for the period before taxes9903€0.1m€0.1m€0.09m€0.04m€0.03m€0.08m€0.9m▲ 1,026%
Transfer from deferred taxes780------€0.002m-
Transfer to deferred taxes680------€0.2m-
Income taxes67/77€0.03m€0.03m€0.04m€0.01m€0.01m€0.02m€0.005m▼ 79.3%
Profit (loss) for the period9904€0.07m€0.1m€0.05m€0.03m€0.02m€0.05m€0.7m▲ 1,217%
Transfer from tax-exempt reserves789------€0.009m-
Transfer to tax-exempt reserves689------€0.7m-
Profit (loss) for the period to be appropriated9905€0.07m€0.1m€0.05m€0.03m€0.02m€0.05m€0.05m▼ 3.7%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.6m€1.7m€1.7m€1.6m€1.6m€1.7m€4.1m▲ 140%
Fixed assets21/28€1.4m€1.4m€1.4m€1.3m€1.3m€1.3m€0.8m▼ 32.7%
Tangible fixed assets22/27€0.9m€0.9m€0.8m€0.8m€0.7m€0.7m€0.8m▲ 20.6%
Land and buildings22---€0.8m€0.7m€0.7m€0.8m▲ 9.4%
Furniture and vehicles24------€0.08m-
Financial fixed assets28€0.5m€0.5m€0.5m€0.5m€0.6m€0.6m€0.002m▼ 99.6%
Current assets29/58€0.2m€0.3m€0.3m€0.3m€0.3m€0.5m€3.3m▲ 618%
Amounts receivable after more than one year29------€0.4m-
Other amounts receivable291------€0.4m-
Amounts receivable within one year40/41€0.03m€0.1m€0.2m€0.3m€0.3m€0.4m€0.6m▲ 60.3%
Trade receivables40---€0.02m€0-€0.09m-
Other amounts receivable41---€0.3m€0.3m€0.4m€0.6m▲ 38.7%
Cash at bank and in hand54/58€0.1m€0.1m€0.09m€0.04m€0.03m€0.03m€2.2m▲ 6,347%
Deferred charges and accrued income490/1---€0.001m€0.02m€0.02m€0.04m▲ 85.7%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.7m€1.7m€1.6m€1.6m€1.7m€4.1m▲ 140%
Equity10/15€1.1m€1.5m€1.6m€1.6m€1.6m€1.7m€3.5m▲ 108%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.2m▲ 227%
Capital10---€0.06m€0.06m€0.06m€0.2m▲ 227%
Issued capital100---€0.06m€0.06m€0.06m€0.2m▲ 227%
Reserves13€0.01m€0.4m€0.4m€0.4m€0.4m€0.4m€3.3m▲ 700%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.02m▲ 227%
Legal reserve130---€0.006m€0.006m€0.006m€0.02m▲ 227%
Tax-exempt reserves132---€0.006m€0.006m€0.006m€1.5m▲ 26,048%
Distributable reserves133---€0.3m€0.3m€0.4m€1.8m▲ 352%
Profit (loss) carried forward14€1.0m€1.1m€1.2m€1.2m€1.2m€1.2m€0▼ 100%
Provisions and deferred taxes16------€0.6m-
Deferred taxes168------€0.6m-
Amounts payable17/49€0.5m€0.1m€0.1m€0.04m€0.02m€0.04m€0.09m▲ 98.3%
Amounts payable after more than one year17€0.09m€0.04m€0.02m€0----
Financial debts170/4---€0----
Amounts payable within one year42/48€0.4m€0.1m€0.08m€0.04m€0.02m€0.04m€0.08m▲ 106%
Current portion of amounts payable after more than one year42---€0.03m€0-€0.02m-
Trade debts44€0.01m€0.005m€0.009m€0.005m€0.006m€0.008m€0.05m▲ 513%
Suppliers440/4---€0.005m€0.006m€0.008m€0.05m▲ 513%
Taxes, remuneration and social security45---€0.008m€0.01m€0.03m€0.02m▼ 44.8%
Taxes450/3---€0.008m€0.01m€0.03m€0.02m▼ 44.8%
Accrued charges and deferred income492/3---€0.001m€0€0.005m€0.006m▲ 30.3%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.07m€0.1m€0.05m€0.03m€0.02m€0.05m€0.7m▲ 1,217%
+ Depreciation and write-downs630€0.06m€0.06m€0.06m€0.04m€0.04m€0.04m€0.09m▲ 148%
Operating cash flow (approximation)€0.1m€0.2m€0.1m€0.07m€0.06m€0.09m€0.8m▲ 777%
Investment in fixed assets (approximation)--€0.04m-€0.01m-€0.009m-€0.009m-€0.009m€0.3m-
Change in cash--€0.04m-€0.01m-€0.05m-€0.02m€0.008m€2.2m▲ 27,341%

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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Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 23-04-2026 2026-00091276
30-06-2024 abbreviated format 13-01-2025 2025-00004841
30-06-2023 abbreviated format 29-02-2024 2024-00038466
30-06-2022 micro format 28-02-2023 2023-00035618
30-06-2021 micro format 26-01-2022 2022-01900197
30-06-2020 micro format 21-09-2021 2021-67900034
30-06-2019 micro format 21-09-2021 2021-67900036
30-06-2018 micro format 23-02-2019 2019-06300088
30-06-2017 micro format 31-01-2018 2018-03500097
30-06-2015 abbreviated format 13-01-2016 2016-01100547

Show all 33 filings

Similar companies · same sector, comparable size

Of the 7,227 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,420. 2,146 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.