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Succession

Active
Private limited companyfounded 20242 yrs activeBovenbosstraat 59, 3053 Oud-Heverlee, BelgiumKBO/BCE: BE 1008.097.937
Summary

Succession has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-9k. Its solvency ranks better than 25% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability28
Solvency28
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.14; short-term debt: 21.9% and cash: 0.8% of total assets), and 96.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 →
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
Solvency, return and age of the figures
Solvency
3.2%
Return on assets
-1.9%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 14128 sector peers (2025).
NBB · sector comparison
Position among 14128 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
46 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 7 April 2024, Succession was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€16k
Total assets
€495k
Net result
€-9k
Working capital
€-93k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €495k
Fixed assets €479k
Current assets €15k
Equity and liabilities €495k
Equity €16k
Debt €479k
Debt finances 96.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€27k
Cash flow
€8k
Current ratio
0.14
Debt to equity
30.40
ROE
-58.7%
ROA
-1.9%
Interest coverage
1.45
Debt ≤ 1 year
€108k
Debt > 1 year
€369k
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€495k
Fixed assets21/28€479k
Tangible fixed assets22/27€479k
Land and buildings22€479k
Current assets29/58€15k
Amounts receivable within one year40/41€11k
Trade receivables40€11k
Other amounts receivable41€1
Cash at bank and in hand54/58€4k
Deferred charges and accrued income490/1€601
Equity and liabilities
Total equity and liabilities10/49€495k
Equity10/15€16k
Contributions10/11€25k
Profit (loss) carried forward14€-9k
Amounts payable17/49€479k
Amounts payable after more than one year17€369k
Financial debts170/4€369k
Amounts payable within one year42/48€108k
Current portion of amounts payable after more than one year42€16k
Trade debts44€619
Suppliers440/4€619
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Other amounts payable47/48€90k
Accrued charges and deferred income492/3€2k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k
Other operating charges640/8€587
Gross operating margin9900€27k
Operating profit (loss)9901€9k
Financial charges65/66B€18k
Recurring financial charges65€18k
Profit (loss) for the period before taxes9903€-9k
Profit (loss) for the period9904€-9k
Profit (loss) for the period to be appropriated9905€-9k
Appropriation of the result
Profit (loss) to be appropriated9906€-9k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k
Other operating charges640/8€587
Gross operating margin9900€27k
Operating profit (loss)9901€9k
Financial charges65/66B€18k
Recurring financial charges65€18k
Profit (loss) for the period before taxes9903€-9k
Profit (loss) for the period9904€-9k
Profit (loss) for the period to be appropriated9905€-9k
Line2025
Assets
Total assets20/58€495k
Fixed assets21/28€479k
Tangible fixed assets22/27€479k
Land and buildings22€479k
Current assets29/58€15k
Amounts receivable within one year40/41€11k
Trade receivables40€11k
Other amounts receivable41€1
Cash at bank and in hand54/58€4k
Deferred charges and accrued income490/1€601
Equity and liabilities
Total equity and liabilities10/49€495k
Equity10/15€16k
Contributions10/11€25k
Profit (loss) carried forward14€-9k
Amounts payable17/49€479k
Amounts payable after more than one year17€369k
Financial debts170/4€369k
Amounts payable within one year42/48€108k
Current portion of amounts payable after more than one year42€16k
Trade debts44€619
Suppliers440/4€619
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Other amounts payable47/48€90k
Accrued charges and deferred income492/3€2k
Line2025
Profit (loss) for the period9904€-9k
+ Depreciation and write-downs630€18k
Operating cash flow (approximation)€8k

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

2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Oud-Heverlee · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,626 m²
Building footprint
227 m²
Volume, LiDAR
1,148 m³
Parcel 24034B0020/00B003, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Succession
Bovenbosstraat 59, 3053 Oud-HeverleeFinancial service activities, except insurance and pension funding
since 20242.357.984.183
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24034B0020/00B003 Flanders 2,626 m² 1 · 227 m² 7.0 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.

Similar companies · same sector, comparable size

Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 1,875 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
Founded07-04-2024
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy

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