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THE EXTENDED

Active
Private limited companyfounded 200026 yrs activeKamstraat 3, 9550 Herzele, BelgiumKBO/BCE: BE 0472.243.609
Summary

THE EXTENDED has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€70,363) and a net result of -€4,297. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 5% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-64
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€70,363
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
38 d late
2024
25 d late
2023
7 d early
2022
7 d early
2021
7 d early
2020
2 d early
2019
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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

THE EXTENDED was incorporated on 30 June 2000.1 Total assets fell from EUR 17,627 in 2018 to EUR 2,226 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€70,363▼ 6.5%
2024 · -€66,066
Total assets
€2,226▼ 47.0%
2024 · €4,201
Net result
-€4,297▼ 2,476%
2024 · -€167
Working capital
-€104,370▲ 3.6%
2022 · -€108,237
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€4,117-€4,078-€5,325▼ 30.6%-€80▲ 98.5%-€4,297▼ 5,265%
Net result€3,959within the sector's middle half-€5,099below the sector's middle half-€5,476below the sector's middle half▼ 7.4%-€167within the sector's middle half▲ 97.0%-€4,297below the sector's middle half▼ 2,476%
Equity-€55,325below the sector's middle half▲ 6.7%-€60,423below the sector's middle half▼ 9.2%-€65,899below the sector's middle half▼ 9.1%-€66,066below the sector's middle half▼ 0.3%-€70,363below the sector's middle half▼ 6.5%
Total assets€70,077within the sector's middle half▲ 4.6%€62,112within the sector's middle half▼ 11.4%€53,127below the sector's middle half▼ 14.5%€4,201below the sector's middle half▼ 92.1%€2,226below the sector's middle half▼ 47.0%
Debt€125,401▼ 0.7%€122,536▼ 2.3%€119,026▼ 2.9%€70,267▼ 41.0%€72,589▲ 3.3%
Working capital-€118,289below the sector's middle half▲ 3.1%-€108,237below the sector's middle half▲ 8.5%-€104,370below the sector's middle half▲ 3.6%
Solvency-78.9%below the sector's middle half▲ 9.6pp-97.3%below the sector's middle half▼ 18.3pp-124.0%below the sector's middle half▼ 26.8pp
Current ratio0.06below the sector's middle half▲ 0.020.12below the sector's middle half▲ 0.060.12below the sector's middle half▲ 0.01
Return on assets (ROA)5.6%within the sector's middle half▲ 18.9pp-8.2%below the sector's middle half▼ 13.9pp-10.3%below the sector's middle half▼ 2.1pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500€5,000Operating result 2021: €4,117€4,117Net result 2021: €3,959€3,959Operating result 2022: -€4,078-€4,078Net result 2022: -€5,099-€5,099Operating result 2023: -€5,325-€5,325Net result 2023: -€5,476-€5,476Operating result 2024: -€80-€80Net result 2024: -€167-€167Operating result 2025: -€4,297-€4,297Net result 2025: -€4,297-€4,29720212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€5,325-€5,330Net result 2023: -€5,476-€5,480Operating result 2024: -€80-€80Net result 2024: -€167-€167Operating result 2025: -€4,297-€4,300Net result 2025: -€4,297-€4,300202320242025
The operating result stays negative: a loss of €4,297 in 2025 against €80 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,322▼
2024 · €2,523
Cash flow
-€2,322▼
2024 · €2,436
Debt ≤ 1 year
€72,589▲
2024 · €70,267
Ratios withheld: a balance sheet total of €2,226 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,201€2,226▼
Formation expenses20€0€0=
Fixed assets21/28€4,201€2,226▼
Tangible fixed assets22/27€4,049€2,074▼
Land and buildings22€1,744€1,744=
Plant, machinery and equipment23€2,305€330▼
Financial fixed assets28€152€152=
Equity and liabilities
Total equity and liabilities10/49€4,201€2,226▼
Equity10/15-€66,066-€70,363▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€84,666-€88,963▼
Amounts payable17/49€70,267€72,589▲
Amounts payable within one year42/48€70,267€72,589▲
Trade debts44€1,500€3,822▲
Suppliers440/4€1,500€3,822▲
Other amounts payable47/48€68,767€68,767=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,603€1,974▼
Gross operating margin9900€2,523-€2,322▼
Operating profit (loss)9901-€80-€4,297▼
Financial charges65/66B€87-
Recurring financial charges65€87-
Profit (loss) for the period before taxes9903-€167-€4,297▼
Profit (loss) for the period9904-€167-€4,297▼
Profit (loss) for the period to be appropriated9905-€167-€4,297▼
Appropriation of the result
Profit (loss) to be appropriated9906-€84,666-€88,963▼
Profit (loss) brought forward from the previous period14P-€84,499-€84,666▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€317-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,223€10,487€10,709€2,603€1,974▼ 24.1%
Other operating charges640/8€278€3,345€5,448---
Gross operating margin9900€15,936€9,753€10,831€2,523-€2,322▼ 192%
Operating profit (loss)9901€4,117-€4,078-€5,325-€80-€4,297▼ 5,265%
Financial charges65/66B€158€1,020€151€87--
Recurring financial charges65€158€220€151€87--
Non-recurring financial charges66B-€800----
Profit (loss) for the period before taxes9903€3,959-€5,099-€5,476-€167-€4,297▼ 2,476%
Profit (loss) for the period9904€3,959-€5,099-€5,476-€167-€4,297▼ 2,476%
Profit (loss) for the period to be appropriated9905€3,959-€5,099-€5,476-€167-€4,297▼ 2,476%
Line20212022202320242025Change
Assets
Total assets20/58€70,077€62,112€53,127€4,201€2,226▼ 47.0%
Formation expenses20---€0€0-
Fixed assets21/28€62,964€47,813€38,470€4,201€2,226▼ 47.0%
Tangible fixed assets22/27€62,812€47,661€38,318€4,049€2,074▼ 48.8%
Land and buildings22€1,587€3,331€3,331€1,744€1,744=
Plant, machinery and equipment23€18,592€15,554€13,268€2,305€330▼ 85.7%
Furniture and vehicles24€42,632€28,775€21,718---
Financial fixed assets28€152€152€152€152€152=
Current assets29/58€7,113€14,299€14,657---
Amounts receivable within one year40/41€2,408€11,004€8,083---
Trade receivables40€1,951€9,995€5,284---
Other amounts receivable41€457€1,010€2,800---
Cash at bank and in hand54/58€4,705€3,295€6,573---
Equity and liabilities
Total equity and liabilities10/49€70,077€62,112€53,127€4,201€2,226▼ 47.0%
Equity10/15-€55,325-€60,423-€65,899-€66,066-€70,363▼ 6.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€73,925-€79,023-€84,499-€84,666-€88,963▼ 5.1%
Amounts payable17/49€125,401€122,536€119,026€70,267€72,589▲ 3.3%
Amounts payable within one year42/48€125,401€122,536€119,026€70,267€72,589▲ 3.3%
Trade debts44€23,010€35,817€63,191€1,500€3,822▲ 155%
Suppliers440/4€23,010€35,817€63,191€1,500€3,822▲ 155%
Other amounts payable47/48€102,392€86,719€55,835€68,767€68,767=
Line20212022202320242025Change
Profit (loss) for the period9904€3,959-€5,099-€5,476-€167-€4,297▼ 2,476%
+ Depreciation and write-downs630€11,223€10,487€10,709€2,603€1,974▼ 24.1%
Operating cash flow (approximation)€15,182€5,388€5,233€2,436-€2,322▼ 195%
Investment in fixed assets (approximation)-€4,664-€1,366€31,666€0▼ 100%
Change in cash--€1,411€3,279---

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €3,959
Net result €3,959 after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
28-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 455 days late
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Herzele · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
3,923 m²
Building footprint
225 m²
Volume, LiDAR
1,366 m³
Parcel 41060B0602/00H000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Kamstraat 3, 9550 Herzele
Warehousing and support activities for transportation
since 20012.116.134.677
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41060B0602/00H000 Flanders 3,923 m² 1 · 225 m² 11.1 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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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