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Commercial Properties

Active
Private limited companyfounded 2021active for 5 yearsTielenstraat 33, 3900 Pelt, BelgiumKBO/BCE: BE 0767.537.343
Summary

Commercial Properties has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,966 and a net result of -€37,775. Equity is growing by about 45% per year across the filed financial years. Its solvency ranks better than 87% of 11,063 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€241,704total assets 2025
Equity
€205,966
Loss
-€37,775
Turnover not published (abbreviated or micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts filed 6 days late2 of 5 deeds read
Why 68raises riskLiquidity: current ratio 6.76, cash €103, halvedLoss of €37,775 (financial year 2025)lowers riskSector: Real estate activities (NACE 68)Equity €205,966 (85.2% of total assets)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 100+14
equity 85.2% of total assets
Liquidity 47+11
short-term debt 14.8% · cash 0.0%
Profitability 0-80
return on assets -15.6%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,557 companies, NACE 68, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.6%▼ -0.2 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.9 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.76, compared with 2.55 in 2024; short-term debt: 14.8% and cash: 0% of total assets), and 14.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 91% on solvency, 43% on liquidity, 4% on profitability and 24% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 6.76, cash €103, halved
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Loss of €37,775 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €205,966 (85.2% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
6 days late
2024
29 days late
2023
71 days early
2022
108 days early
2021
3 days early
← 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 29 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Alex Vanaenrode (director)Appointment: Mieke De Keyzer (director)…
  3. Jaarrekeningen - Algemene Vergadering - BoekjaarName change

Key points

  • Caution: From profit to loss in 2025after €68,183 in 2024 -€37,775 View
  • Caution: Among the weakest 19% on net resultsector median €10,146 · 11,052 companies -€37,775 View
  • Caution: Board changedlatest change 18-02-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€241,704
Loss
-€37,775
Solvency
85.2%
Total assets▼ 39.7%
Net result
20212025
Go to Financials

Timeline

Events
12
Since
2022
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity more than doubles
  2. 29-08-2025Annual accounts filed
  3. 31-12-2024Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
27-04-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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