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EXTEND GALLERY

Active
Private limited companyfounded 20224 yrs activeRue Lulay-des-Fèbvres 10, 4000 Liège, BelgiumKBO/BCE: BE 0785.832.533
Summary

The computed 12-month bankruptcy probability of EXTEND GALLERY is 3.3% (moderate). The 2025 annual accounts show negative equity (-€25,405) and a net result of €2,225. Equity is shrinking by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 18626 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth38▼-20
Track record94
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six 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 4 years 0 10 y
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 18626 sector peers (2025).
NBB · sector comparison
Position among 18626 sector peers
Solvency
better than 5%
← 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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
124 d late
2023
13 d early
2022
16 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 32 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 8 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

On 9 May 2022, EXTEND GALLERY was incorporated as a Private limited company.1 Total assets went from EUR 6,771 in 2022 to EUR 2,716 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€240▼ 98.0%
2022 · €12,146
EBIT margin
1437.9%▲ 1739.5pp
2022 · -301.5%
Net result
€2,225
2024 · -€1,602
Working capital
-€25,405▲ 8.1%
2024 · -€27,630
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line2022202320242025
Turnover€12,146-€240
Operating result-€36,623--€17,529▲ 52.1%-€242▲ 98.6%€3,453
Net result-€37,390below the sector's middle half--€18,638below the sector's middle half▲ 50.2%-€1,602within the sector's middle half▲ 91.4%€2,225within the sector's middle half
EBIT margin-301.5%-1437.9%
Equity-€7,390below the sector's middle half--€26,028below the sector's middle half▼ 252%-€27,630below the sector's middle half▼ 6.2%-€25,405below the sector's middle half▲ 8.1%
Total assets€6,771below the sector's middle half-€3,602below the sector's middle half▼ 46.8%€3,614below the sector's middle half▲ 0.3%€2,716below the sector's middle half▼ 24.8%
Debt€14,161-€29,630▲ 109%€31,244▲ 5.4%€28,121▼ 10.0%
Working capital-€11,465below the sector's middle half--€26,028below the sector's middle half▼ 127%-€27,630below the sector's middle half▼ 6.2%-€25,405below the sector's middle half▲ 8.1%
Solvency-109.1%below the sector's middle half-
Current ratio0.19below the sector's middle half-
Return on assets (ROA)-552.2%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2022: -€36,623-€36,623Net result 2022: -€37,390-€37,390Operating result 2023: -€17,529-€17,529Net result 2023: -€18,638-€18,638Operating result 2024: -€242-€242Net result 2024: -€1,602-€1,602Operating result 2025: €3,453€3,453Net result 2025: €2,225€2,2252022202320242025-€20,000-€10,000€0Operating result 2023: -€17,529-€17,500Net result 2023: -€18,638-€18,600Operating result 2024: -€242-€242Net result 2024: -€1,602-€1,600Operating result 2025: €3,453€3,450Net result 2025: €2,225€2,230202320242025
The operating result returns to profit in 2025: €3,453 after a loss of €242 in 2024, the highest result in the available series.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€28,121▼
2024 · €31,244
Ratios withheld: a balance sheet total of €2,716 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,018 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.3% 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 497,338 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% 1.9%
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 1,018 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,614€2,716▼
Fixed assets21/28€0-
Intangible fixed assets21€0-
Current assets29/58€3,614€2,716▼
Amounts receivable within one year40/41€3,614€2,716▼
Trade receivables40€1,547€700▼
Other amounts receivable41€2,067€2,016▼
Equity and liabilities
Total equity and liabilities10/49€3,614€2,716▼
Equity10/15-€27,630-€25,405▲
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€57,630-€55,405▲
Amounts payable17/49€31,244€28,121▼
Amounts payable within one year42/48€31,244€28,121▼
Financial debts43€9,570€1,891▼
Credit institutions430/8€9,570€1,891▼
Trade debts44€8,168€3,514▼
Suppliers440/4€8,168€3,514▼
Taxes, remuneration and social security45€40-
Taxes450/3€40-
Other amounts payable47/48€13,466€22,716▲
Income statement Code20242025
Turnover70-€240
Non-recurring operating income76A-€4,294
Goods, raw materials, services and sundry goods60/61-€1,081
Other operating charges640/8€100-
Gross operating margin9900-€142€3,453▲
Operating profit (loss)9901-€242€3,453▲
Financial charges65/66B€1,360€1,228▼
Recurring financial charges65€1,360€1,228▼
Profit (loss) for the period before taxes9903-€1,602€2,225▲
Profit (loss) for the period9904-€1,602€2,225▲
Profit (loss) for the period to be appropriated9905-€1,602€2,225▲
Appropriation of the result
Profit (loss) to be appropriated9906-€57,630-€55,405▲
Profit (loss) brought forward from the previous period14P-€56,028-€57,630▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70€12,146--€240-
Non-recurring operating income76A---€4,294-
Goods, raw materials, services and sundry goods60/61€48,356--€1,081-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€414€4,075---
Other operating charges640/8--€100--
Gross operating margin9900-€36,209-€13,454-€142€3,453▲ 2,524%
Operating profit (loss)9901-€36,623-€17,529-€242€3,453▲ 1,524%
Financial charges65/66B€767€1,109€1,360€1,228▼ 9.7%
Recurring financial charges65€767€1,109€1,360€1,228▼ 9.7%
Profit (loss) for the period before taxes9903-€37,390-€18,638-€1,602€2,225▲ 239%
Profit (loss) for the period9904-€37,390-€18,638-€1,602€2,225▲ 239%
Profit (loss) for the period to be appropriated9905-€37,390-€18,638-€1,602€2,225▲ 239%
Line2022202320242025Change
Assets
Total assets20/58€6,771€3,602€3,614€2,716▼ 24.8%
Formation expenses20-€0---
Fixed assets21/28€4,075-€0--
Intangible fixed assets21€4,075-€0--
Current assets29/58€2,696€3,602€3,614€2,716▼ 24.8%
Amounts receivable after more than one year29-€0---
Trade receivables290-€0---
Amounts receivable within one year40/41€2,161€3,602€3,614€2,716▼ 24.8%
Trade receivables40-€1,547€1,547€700▼ 54.8%
Other amounts receivable41€2,161€2,055€2,067€2,016▼ 2.5%
Deferred charges and accrued income490/1€535----
Equity and liabilities
Total equity and liabilities10/49€6,771€3,602€3,614€2,716▼ 24.8%
Equity10/15-€7,390-€26,028-€27,630-€25,405▲ 8.1%
Contributions10/11€30,000€30,000€30,000€30,000=
Capital10€30,000----
Issued capital100€30,000----
Profit (loss) carried forward14-€37,390-€56,028-€57,630-€55,405▲ 3.9%
Amounts payable17/49€14,161€29,630€31,244€28,121▼ 10.0%
Amounts payable within one year42/48€14,161€29,630€31,244€28,121▼ 10.0%
Financial debts43€7,955€6,394€9,570€1,891▼ 80.2%
Credit institutions430/8€7,955€6,394€9,570€1,891▼ 80.2%
Trade debts44€5,414€10,029€8,168€3,514▼ 57.0%
Suppliers440/4€5,414€10,029€8,168€3,514▼ 57.0%
Taxes, remuneration and social security45-€40€40--
Taxes450/3-€40€40--
Other amounts payable47/48€791€13,168€13,466€22,716▲ 68.7%
Line2022202320242025Change
Profit (loss) for the period9904-€37,390-€18,638-€1,602€2,225▲ 239%
+ Depreciation and write-downs630€414€4,075---
Operating cash flow (approximation)-€36,976-€14,563-€1,602€2,225▲ 239%

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
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €2,225
Net result €2,225 after 3 loss-making years.
02-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Liège · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
151 m²
Building footprint
78 m²
Volume, LiDAR
1,050 m³
Parcel 62063A0931/00K000, Wallonia · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Extend Gallery
Rue Lulay-des-Fèbvres 10, 4000 LiègeRetail trade
since 20222.333.183.758
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62063A0931/00K000 Wallonia 151 m² 1 · 78 m² 15.3 m · 5 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,290 companies in sector 47690 we hold annual accounts for 425. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
47789Other retail sale of new goods
47791Retail sale of antiques
82300Organisation of conventions and trade shows
90120Visual arts creation
90391Promotion and organisation of arts and performing arts events
Contact
E-mail info@buronzugallery.be
Phone +32471351653
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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