Equity
NEXTENSA paid out €10.1m in dividends. That is 72% of the 2025 profit.
NEXTENSA paid out €10.1m in dividends. That is 72% of the 2025 profit.
The result fell in 2025 from €33.1m to €14.1m.
NEXTENSA pays its suppliers 90 days later than in 2024. Customers pay 99 days later.
A director left. Latest change 18-05-2026 · 11 in office.
Higher net result than 95% of companies in real estate. Sector median €20,578 · 5,804 companies.
The dashed line is the sector median: 0.1% across 6,996 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 68, small). It does better than 82% of them on solvency, 45% on liquidity, 49% on profitability and 31% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Liquidity is insufficient, with a current ratio of 0.75 (0.51 in 2024), below 1. Short-term debt is 15.2% and cash 0.1% of total assets. 28.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 63 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Shares in 16 companies, including Gare Maritime and Montoyer 24
Board & ownership| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| NEXTENSA Brussels | €12.7m | -28.6% | 71.3% | 24.5 |
| De Werkvennootschap Saint-Josse-ten-Noode | €143.3m | -0.3% | 4.4% | 24.5 |
| D'IETEREN IMMO Ixelles | €28.6m | 37.5% | 39.9% | 39.4 |
| AMERBORGH INTERNATIONAL Schoten | €2.6m | -78.6% | 86.5% | 29.4 |
| TRIPLE LIVING Antwerp | €73.0m | 2.0% | 25.9% | 30 |
| BEMCHIMMO GROUP Brussels | €11.8m | 52.4% | 18.1% | - |
| TEYCHENE INVEST BELGIQUE Uccle | - | - | - | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as NEXTENSA: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €202m and €932m, founded between 1976 and 2012.
NEXTENSA has existed since 1988. Turnover fell from €21.6m in 2021 to €12.7m in 2025.
ACKERMANS & VAN HAAREN holds 63.39% of the shares. In May 2022, the Official Gazette published the appointment of MIDHAN as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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