EXTENSIO
ActiveSummary
EXTENSIO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €-10k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 48% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-12
Solvency52▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.32 in 2024; short-term debt: 69.4% and cash: 1.6% of total assets), and 72.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
27.4%
Return on assets
-2.3%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
7 d early
2023
33 d early
2022
7 d early
2021
2 d late
2020
15 d late
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▼ 7.8%
2024 · €126k
2019: €-35k
2020: €-178k▼ -408% vs 2019lowest in 7 years
2021: €119k▲ +167% vs 2020
2022: €125k▲ +5.7% vs 2021
2023: €115k▼ -8.4% vs 2022
2024: €126k▲ +9.3% vs 2023highest in 7 years
2025: €116k▼ -7.8% vs 2024
2019 → 2025
Total assets
€422k▼ 3.0%
2024 · €435k
2019: €1.06Mhighest in 7 years
2020: €856k▼ -18.9% vs 2019
2021: €945k▲ +10.4% vs 2020
2022: €664k▼ -29.7% vs 2021
2023: €435k▼ -34.6% vs 2022
2024: €435k▲ +0.1% vs 2023
2025: €422k▼ -3.0% vs 2024lowest in 7 years
2019 → 2025
Net result
€-10k
2024 · €11k
2019: €35k
2020: €-143k▼ -504% vs 2019lowest in 7 years
2021: €297k▲ +307% vs 2020highest in 7 years
2022: €7k▼ -97.7% vs 2021
2023: €-10k▼ -254% vs 2022
2024: €11k▲ +202% vs 2023
2025: €-10k▼ -191% vs 2024
2019 → 2025
Working capital
€84k▼ 10.1%
2024 · €94k
2019: €-171
2020: €-157k▼ -91319% vs 2019lowest in 7 years
2021: €136k▲ +187% vs 2020highest in 7 years
2022: €96k▼ -29.5% vs 2021
2023: €83k▼ -13.5% vs 2022
2024: €94k▲ +12.8% vs 2023
2025: €84k▼ -10.1% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€125k▲ 5.7%€115k▼ 8.4%€126k▲ 9.3%€116k▼ 7.8%
2021: €119k
2022: €125k▲ +5.7% vs 2021
2023: €115k▼ -8.4% vs 2022lowest in 5 years
2024: €126k▲ +9.3% vs 2023highest in 5 years
2025: €116k▼ -7.8% vs 2024
Operating result€374k-€90k▼ 75.8%€-7k€14k€-7k
2021: €374khighest in 5 years
2022: €90k▼ -75.8% vs 2021
2023: €-7k▼ -108% vs 2022lowest in 5 years
2024: €14k▲ +289% vs 2023
2025: €-7k▼ -147% vs 2024
Net result€297k-€7k▼ 97.7%€-10k€11k€-10k
2021: €297khighest in 5 years
2022: €7k▼ -97.7% vs 2021
2023: €-10k▼ -254% vs 2022lowest in 5 years
2024: €11k▲ +202% vs 2023
2025: €-10k▼ -191% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422k
Fixed assets
€45k ▼ 0.7%
Current assets
€377k ▼ 3.2%
Equity and liabilities €422k
Equity
€116k ▼ 7.8%
Debt
€306k ▼ 1.0%
Debt's share of the balance-sheet total rises from 71.1% to 72.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.29▼
2024 · 1.32
Debt to equity
2.65▲
2024 · 2.46
ROE
-8.5%▼
2024 · 8.5%
ROA
-2.3%▼
2024 · 2.5%
Debt ≤ 1 year
€293k▼
2024 · €296k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€435k€422k▼
Fixed assets21/28€45k€45k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€45k€45k=
Land and buildings22€45k€45k=
Furniture and vehicles24€0-
Financial fixed assets28€325-
Current assets29/58€390k€377k▼
Amounts receivable within one year40/41€387k€370k▼
Other amounts receivable41€387k€370k▼
Cash at bank and in hand54/58€2k€7k▲
Deferred charges and accrued income490/1-€121
Equity and liabilities
Total equity and liabilities10/49€435k€422k▼
Equity10/15€126k€116k▼
Contributions10/11€30k€30k=
Reserves13€96k€86k▼
Distributable reserves133€96k€86k▼
Amounts payable17/49€310k€306k▼
Amounts payable within one year42/48€296k€293k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Other amounts payable47/48€294k€291k▼
Accrued charges and deferred income492/3€13k€13k=
Income statement
Code20242025
Non-recurring operating income76A€11k€0▼
Other operating charges640/8€2k€783▼
Non-recurring operating charges66A-€325
Gross operating margin9900€15k€-5k▼
Operating profit (loss)9901€14k€-7k▼
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€11k€-10k▼
Income taxes67/77€180-
Profit (loss) for the period9904€11k€-10k▼
Profit (loss) for the period to be appropriated9905€11k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-10k▼
Profit (loss) brought forward from the previous period14P€-4k-
Transfer from equity791/2-€10k
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €682 | - | €11k | €0 | ▼ 100% |
| Other operating charges640/8 | - | €23k | €2k | €2k | €783 | ▼ 48.0% |
| Non-recurring operating charges66A | - | - | - | - | €325 | - |
| Gross operating margin9900 | €379k | €113k | €-6k | €15k | €-5k | ▼ 136% |
| Operating profit (loss)9901 | €374k | €90k | €-7k | €14k | €-7k | ▼ 147% |
| Financial income75/76B | - | €5k | €3k | €1k | - | - |
| Recurring financial income75 | €4k | €5k | €3k | €1k | - | - |
| Financial charges65/66B | - | €86k | €6k | €4k | €3k | ▼ 25.2% |
| Recurring financial charges65 | €17k | €11k | €6k | €4k | €3k | ▼ 25.2% |
| Non-recurring financial charges66B | - | €75k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €361k | €9k | €-10k | €11k | €-10k | ▼ 190% |
| Income taxes67/77 | €64k | €2k | €4 | €180 | - | - |
| Profit (loss) for the period9904 | €297k | €7k | €-10k | €11k | €-10k | ▼ 191% |
| Profit (loss) for the period to be appropriated9905 | €297k | €7k | €-10k | €11k | €-10k | ▼ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €945k | €664k | €435k | €435k | €422k | ▼ 3.0% |
| Fixed assets21/28 | €325 | €45k | €45k | €45k | €45k | ▼ 0.7% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | - | €45k | €45k | €45k | €45k | = |
| Land and buildings22 | - | €45k | €45k | €45k | €45k | = |
| Furniture and vehicles24 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €325 | €325 | €325 | €325 | - | - |
| Current assets29/58 | €945k | €619k | €389k | €390k | €377k | ▼ 3.2% |
| Stocks and contracts in progress3 | €95k | €15k | €8k | - | - | - |
| Stocks30/36 | - | €15k | €8k | - | - | - |
| Amounts receivable within one year40/41 | €501k | €303k | €371k | €387k | €370k | ▼ 4.4% |
| Trade receivables40 | - | €48k | - | - | - | - |
| Other amounts receivable41 | - | €255k | €371k | €387k | €370k | ▼ 4.4% |
| Cash at bank and in hand54/58 | €348k | €158k | €9k | €2k | €7k | ▲ 187% |
| Deferred charges and accrued income490/1 | - | €143k | €2k | - | €121 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €945k | €664k | €435k | €435k | €422k | ▼ 3.0% |
| Equity10/15 | €119k | €125k | €115k | €126k | €116k | ▼ 7.8% |
| Contributions10/11 | - | €30k | €30k | €30k | €30k | = |
| Reserves13 | €89k | €95k | €89k | €96k | €86k | ▼ 10.3% |
| Non-distributable reserves130/1 | - | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | - | - | - |
| Distributable reserves133 | - | €92k | €86k | €96k | €86k | ▼ 10.3% |
| Profit (loss) carried forward14 | €-68k | - | €-4k | - | - | - |
| Amounts payable17/49 | €827k | €539k | €320k | €310k | €306k | ▼ 1.0% |
| Amounts payable within one year42/48 | €809k | €523k | €306k | €296k | €293k | ▼ 1.1% |
| Trade debts44 | €2k | €8k | €3k | €2k | €2k | ▼ 9.1% |
| Suppliers440/4 | - | €8k | €3k | €2k | €2k | ▼ 9.1% |
| Other amounts payable47/48 | - | €515k | €303k | €294k | €291k | ▼ 1.0% |
| Accrued charges and deferred income492/3 | - | €16k | €13k | €13k | €13k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €297k | €7k | €-10k | €11k | €-10k | ▼ 191% |
| Operating cash flow (approximation) | €297k | €7k | €-10k | €11k | €-10k | ▼ 191% |
| Investment in fixed assets (approximation) | - | €-45k | €0 | €0 | €325 | - |
| Change in cash | - | €-190k | €-149k | €-7k | €4k | ▲ 164% |
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
06-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-06
Financial
Back to profitnet €297k
Net result €297k after one loss-making year.
30-06
Financial
Equity above €100kEq €119k
Equity rises from €-178k to €119k.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
30-06
Financial
Weakest financial yearnet €-143k
Net result drops to €-143k, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 25 days late
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Assenede · 1 establishment unit since 2002
Ground area
6,029 m²
Building footprint
441 m²
Volume, LiDAR
2,581 m³
Parcel 43002C0788/00S000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Zelzatestraat 78, 9960 Assenede
since 20022.101.490.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43002C0788/00S000 | Flanders | 6,029 m² | 1 · 441 m² | 9.2 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,221 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
Founded07-11-2001
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.