Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Extended 111 from Brussel, company number BE0685927481, closed financial year 2024 with a result of € -386,817 after tax. For that financial year Extended 111 recorded a gross margin of € -195,074 and equity of € -136,566. Compared with financial year 2023, the result moved from € -10,804 to € -386,817. 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 November 17, 2025.
€ -136,566
▼ € 386,817 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -386,817
▼ 3480 % more loss than in 2023
Profit after tax over the fiscal year.
€ 27,683
▲ 56% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -155,166.
People and assets in 2024
€ 71,393
▲ 62% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 93,983
▼ 20% vs 2023
Of which on lease € 66,617.
Debts at end 2024
€ 69,077
▼ 28% vs 2023
€ 33,786 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 378,429
▼ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 78,182
▲ € 67,699 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 234,786 | € 82,518 | € 96,456 | € -195,074 | ▼ € 291,530 |
| Profit after taxes | € 159,445 | € 19,061 | € -10,804 | € -386,817 | ▼ € 376,013 |
| Equity | € 241,994 | € 261,055 | € 250,251 | € -136,566 | ▼ € 386,817 |
| Total debts | € 502,700 | € 376,489 | € 749,589 | € 717,110 | ▼ 4% |
| Cash | € 15,745 | € 68,097 | € 17,780 | € 27,683 | ▲ 56% |
| Retained profit | € 223,394 | € 242,455 | € 231,651 | € -155,166 | ▼ € 386,817 |
| Bank debt | € 285,786 | € 181,414 | € 96,605 | € 69,077 | ▼ 28% |
| Balance sheet total | € 744,694 | € 637,544 | € 999,840 | € 580,544 | ▼ 42% |
| Employees (FTE) | - | - | 0.6 | - |
Key figures of Extended 111, 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 Extended 111?
What happened at Extended 111 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 386,817. filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Irvan Simampo became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 159,445 profit in 2021 to € 386,817 loss in 2024.
Paid € 84,064 in corporate taxes since 2021.
Best year ever: 2021, with € 159,445 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Extended 111 is Irvan Simampo. Irvan Simampo is also behind IRON CORPORATION.
Directors
According to the 2024 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Stoofstraat 6
1000 Brussel
Chaussée de Bruxelles 165
1410 Waterloo
Active since 11 December 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.927.481
- VAT number
- BE 0685.927.481
- Registered office
- Stoofstraat 6, 1000 Brussel
- Names & denominations
- Extended 111
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2017
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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