Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2024.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
EXTENSA DEVELOPMENT from Brussel, company number BE0446953135, closed financial year 2024 with a result of € -555,262 after tax. For that financial year EXTENSA DEVELOPMENT recorded a gross margin of € -89,015 and equity of € -6.4 million. Compared with financial year 2022, the result moved from € -294,404 to € -555,262. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2025.
€ -6.4 million
▼ € 1.1 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -555,262
▼ 89 % more loss than in 2022
Profit after tax over the fiscal year.
€ 213
▲ 9% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.8 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 153,014
▼ 63% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 620,077 | € 71,778 | € -89,015 | ▼ € 160,793 |
| Profit after taxes | € -231,491 | € -294,404 | € -555,262 | ▼ € 260,858 |
| Equity | € -4,948,200 | € -5,242,604 | € -6,361,605 | ▼ € 1.1 million |
| Total debts | € 6,298,079 | € 6,197,433 | € 7,248,140 | ▲ 17% |
| Cash | € 481 | € 195 | € 213 | ▲ 9% |
| Retained profit | € -7,048,200 | € -7,342,604 | € -10,815,856 | ▼ € 3.5 million |
| Balance sheet total | € 1,349,880 | € 954,829 | € 886,535 | ▼ 7% |
Key figures of EXTENSA DEVELOPMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to EXTENSA DEVELOPMENT?
What happened at EXTENSA DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tim Rens stepped down as director. NBB
- Michel Van Geyte stepped down as director. NBB
- Peter De Durpel stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 555,262. Source: NBB ↗
- Tim Rens became a director. NBB
- Michel Van Geyte became a director. NBB
- Peter De Durpel became a director. NBB
- New establishment in Brussel. KBO
In short
From € 231,491 loss in 2021 to € 555,262 loss in 2024.
Management
The shares are held by Extensa Group NV (100%).
Directors
According to the 2024 annual accounts
Tim Rens
Director
Also active at: T&T DOUANEHOTEL, EXTENSA GROUP, EXTENSA, PROJECT T&T, Tour & Taxis Services, Gare Maritime, T&T Property Management, Monteco +2 more
since 2021 · until 2027
Michel Van Geyte
Director
Also active at: T&T DOUANEHOTEL, EXTENSA GROUP, EXTENSA, PROJECT T&T, Tour & Taxis Services, Gare Maritime, T&T Property Management, Monteco +3 more
since 2021 · until 2027
Peter De Durpel
Director
Also active at: T&T DOUANEHOTEL, EXTENSA GROUP, EXTENSA, PROJECT T&T, Gare Maritime, T&T Property Management
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Picardstraat 11 box 505
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →T&T DOUANEHOTEL same network
€ -321,233 gross margin · 2024
Unitas
STUDIECENTRUM VAN DE VLAAMSE CHRISTEN-DEMOCRATEN
EXTENSA GROUP same network
€ 42,500 revenue · 2024
VROUW EN MAATSCHAPPIJ
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.953.135
- VAT number
- BE 0446.953.135
- Registered office
- Picardstraat 11 bus 505, 1000 Brussel
- Names & denominations
- EXTENSA DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1992
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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