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EARTHLINK

Active
Private limited company·Bouw van autowegen en andere wegen· 2 yrs active
Binnenveldstraat 3 ·2230 Herselt, Belgium
KBO/BCE: BE 1001.742.160
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Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EARTHLINK is 2.3% (moderate). The 2024 annual accounts show equity of €35k and a net result of €-5k. Its solvency ranks better than 95% of 83 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 83 peers (2024). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 28-08-2025 28 d late 2025-00474234
31-12-2023 31-07-2024 11-06-2024 50 d early 2024-00124976

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-5k
Working capital€31k-8.8%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · verkort
€-20k€0€20k€40kOperating result 2023: €48k€48kNet result 2023: €36k€36kOperating result 2024: €-4k€-4kNet result 2024: €-5k€-5k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 84.2% 31.8%
better than 95% of 83 sector peers
Net result €-5k €22k
better than 19% of 83 sector peers
Equity €35k €140k
better than 35% of 83 sector peers
Gross operating margin €-2k €184k
better than 15% of 82 sector peers
Total assets €41k €641k
better than 9% of 83 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-2k
- 23-24
Net profit
€-5k
- 23-24
Cash flow
€-3k
- 23-24
Total assets
€41k
-15.4% 23-24
Equity
€35k
-12.2% 23-24
Working capital
€31k
-8.8% 23-24
Income taxes
€12k
- 23-24
Debt
€6k
-29.1% 23-24
Debt ≤ 1y
€6k
-29.1% 23-24
Current ratio
5.83
+22.6% 23-24
Quick ratio
5.83
+28.5% 23-24
Solvency
84.2%
+3.8% 23-24
Debt / equity
0.19
-19.3% 23-24
ROE
-13.9%
- 23-24
ROA
-11.7%
- 23-24
Interest coverage
-2.87
- 23-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€-2k
Net profit€-5k
Cash flow€-3k
Staff costs-
Income taxes-
Dividends-
Total assets€41k
Equity€35k
Debt€6k
of which ≤ 1y€6k
of which > 1y-
Working capital€31k
Employees (FTE)-
Ratios (computed)
2024
Current ratio5.83
Quick ratio5.83
Working capital ratio76.1%
Solvency84.2%
Debt / equity0.19
Long-term debt ratio-
Interest coverage-2.87
Gross margin-
Net margin-
ROA-11.7%
ROE-13.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€41k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€3k
Current assets 29/58€38k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€28k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€41k
Equity 10/15€35k
Contributions / capital 10/11€4k
Accumulated profits (losses) 14€31k
Amounts payable 17/49€6k
Amounts payable within one year 42/48€6k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-4k
Financial income 75€5
Financial charges 65€782
Result before taxes 9903€-5k
Net result for the period 9904€-5k
Result to be appropriated 9905€-5k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
52 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Binnenveldstraat 32230 Herselt

Establishment units

1 location
EARTHLINK
Binnenveldstraat 3, 2230 HerseltBouw van autowegen en andere wegen
since 20232.351.995.820
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,124 m²
Buildings1
Building footprint206 m²
Volume (LiDAR)994 m³
Tallest building7.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13013E0417/00S003 Flanders 1,124 m² 1 · 206 m² 7.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 3
28-05-2025
Registered-office move
16-04-2024
Registered-office move
17-11-2023
Registered-office move
All acts · 3 updated 1 year ago
2025
28-05-2025 Registered office moved within Herselt Registered-office change
  • Vorstheide 65 te 2230 Herselt → Binnenveldstraat 3 te 2230 Herselt
2024
16-04-2024 Registered office moved within Herselt Registered-office change
  • Wolfdonksesteenweg 211 bus 2 te 2230 Herselt → Vorstheide 65 te 2230 Herselt
2023
17-11-2023 Registered office moved within Herselt Registered-office change·Alvin Wittens
  • 2230 Herselt, Wolfsdonksesteenweg 221 → 2230 Herselt, Wolfsdonksesteenweg 211 bus 2
Notary: Alvin Wittens · Wijnegem

Analysis

Snowflake analysis

financial profile on 5 axes
Health52Profitability0Solvency100Growth32Stability82
53 / 100

Mixed profile: strong on solvency, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 52
Profitability 0
Solvency 100
Growth 32
Stability 82

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouw van autowegen en andere wegen42110Bouw van autowegen en andere wegen42110Ondersteunende activiteiten in verband met de veeteelt01620Ondersteunende activiteiten in verband met de veeteelt01620Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Landschapsverzorging81300Landschapsverzorging81300
Primary activity highlighted.
Names & trade names
Legal nameNL EARTHLINK
Registered office
Binnenveldstraat 3
2230 Herselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.