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LANDEXPLO MAASMECHELEN

Active
Private limited companyfounded 2018active for 8 yearsEugène Demolderlaan 89, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0691.899.911
Summary

LANDEXPLO MAASMECHELEN has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €596. Equity has been stable since 2019 (±0.1% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-03-2018 Normal situation
Registered office
15 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
No activity registered in the KBO
Establishment unit
2.275.058.685 1030 Schaarbeek, since 09-03-2018
Financial year end
30 September
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Landexplo NVManaging director · permanent representative Gaëtan Gorremans
  • IVENS PaulDirector · since 07-01-2025
Shareholders

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€5,039
Turnover
≈ €34,000
estimated
Profit
€596
Equity
€2.0m
=
Total assets
€15.3m
▲ 10.4%
Score breakdownraises riskLiquidity: current ratio 5.99, cash €11,485, halvedEquity €2.0m (13.0% of total assets)lowers riskSize: total assets €15.3mNo main activity registeredShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of medium-sized companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 38-1
equity 13.0% of total assets
Liquidity 46-3
short-term debt 16.7% · cash 0.1%
Profitability 38+1
return on assets 0.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.6%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 0.6%● unchanged vs 02-2026highest value 04-2026: 0.5%▼ -0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.99 (8.5 in 2024), above the usual 1.5. Short-term debt is 16.7% and cash 0.1% of total assets. However, 87% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (no NACE code, medium-sized). It does better than 18% of them on solvency, 28% on liquidity, 45% on profitability and 41% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 5.99, cash €11,485, halved
NBB · annual accounts
lowers risk · Size: total assets €15.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Equity €2.0m (13.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-01-2026, 105 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
105 days early
2024
86 days early
2023
106 days early
2022
109 days early
2021
99 days early
2020
50 days early
2019
136 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 99 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 15 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Resignation: Dirk Cordeel (director)Appointment: Paul Ivens (director) · Reappointment: Landexplo NV (statutair gedelegeerd bestuurder) · Permanent representative: Gaëtan Gorremans
  2. · Gazette deed Permanent representative: Gaëtan GorremansResignation: Paul IVENS (statutory director) · Appointment: Dirk Cordeel (director)
  3. · Gazette deed Incorporation
All 14 events

Key facts about LANDEXPLO MAASMECHELEN

What is the company number of LANDEXPLO MAASMECHELEN?
The company number of LANDEXPLO MAASMECHELEN is 0691.899.911. The VAT number is the same number with BE in front: BE 0691.899.911.
Where is LANDEXPLO MAASMECHELEN based?
The registered office is at Eugène Demolderlaan 89, 1030 Schaarbeek.Company details
What is the legal form of LANDEXPLO MAASMECHELEN?
The legal form of LANDEXPLO MAASMECHELEN is Private limited company (BV).
When was LANDEXPLO MAASMECHELEN founded?
LANDEXPLO MAASMECHELEN was founded on 09-03-2018.
Is LANDEXPLO MAASMECHELEN still active?
Yes, LANDEXPLO MAASMECHELEN is an active enterprise in the KBO register.
What is the turnover of LANDEXPLO MAASMECHELEN?
The turnover in financial year 2025 is ≈ €34,000. This figure is estimated from the gross margin of €5,039 and 2,698 comparable companies of the same size. It probably lies between €14,000 and €85,000. It is a rough estimate.Financials
Is LANDEXPLO MAASMECHELEN profitable?
In financial year 2025, LANDEXPLO MAASMECHELEN made a profit of €596.
Where can I find the annual accounts of LANDEXPLO MAASMECHELEN?
LANDEXPLO MAASMECHELEN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LANDEXPLO MAASMECHELEN due?
LANDEXPLO MAASMECHELEN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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