Four of the last ten came late. The 2022 accounts came latest: 103 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as 2XTREME has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for 2XTREME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0867229587
Registered office moved within Waregem
New registered office: Stormestraat 71/02 te 8970 Waregem · Previous registered office: Stormestraat 67 te 8970 Waregem · Gazette deed
Registered office moved from Willebroek to Waregem
New registered office: Stormestraat 67, 8790 Waregem · Previous registered office: Antwerpsesteenweg 45, 2830 Willebroek · Resignations: Hidden nameVisible after signing in (manager) and Name after signing inVisible after signing in (manager) · General meeting of 10-09-2015 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as 2XTREME: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €658,000 and €933,000, founded between 2000 and 2009.
The company number of 2XTREME is 0867.229.587. The VAT number is the same number with BE in front: BE 0867.229.587.
Where is 2XTREME based?
The registered office is at Stormestraat 71, 8790 Waregem.Company details
What does 2XTREME do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of 2XTREME?
2XTREME is a private limited company (pre-2019) (BVBA).
When was 2XTREME founded?
2XTREME was founded on 08-09-2004.
Is 2XTREME still active?
Yes, 2XTREME is an active enterprise in the KBO register.
What is the turnover of 2XTREME?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €122,462 and 52 comparable companies (NACE 477). It probably lies between €380,000 and €1.1m.Financials
Is 2XTREME profitable?
In financial year 2025, 2XTREME made a profit of €69,607.
Where can I find the annual accounts of 2XTREME?
2XTREME filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 2XTREME due?
2XTREME must file the annual accounts for financial year 2026 by 30-04-2027.Timeline