AREXMO
Open bankruptcyA bankruptcy procedure is open for AREXMO according to publications in the Belgian State Gazette; curator: EMILIE MICHEL.
Summary
The 2023 annual accounts show negative equity (-€176,334) and a net result of -€67,372.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 17 March 2025
- Supervising judge
- Daniel Kroes
- Official Gazette
- 24-03-2025 (pdf) ↗search the document for 2025/112105
Deadlines
- Appeal or third-party opposition until
- passed on 8 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 April 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 30 April 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 17 March 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Emilie MichelAvenue De Fre 229, 1180 02 Uccleemilie.michel@kairos.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
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 5 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Organisation of conventions and trade shows sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€67,372▼ 9,366%
2022 · -€712
Working capital
-€75,024▼ 758%
2022 · -€8,746
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, 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
Line20192020202120222023
Operating result€13,320▲ 423%-€26,488-€67,570▼ 155%€5,068-€57,571
Net result€389▲ 57.7%-€42,983below the sector's middle half-€76,620below the sector's middle half▼ 78.3%-€712below the sector's middle half▲ 99.1%-€67,372below the sector's middle half▼ 9,366%
Equity€11,352▲ 3.5%-€31,631below the sector's middle half-€108,251below the sector's middle half▼ 242%-€108,962below the sector's middle half▼ 0.7%-€176,334below the sector's middle half▼ 61.8%
Total assets€367,468▲ 16.5%€317,382within the sector's middle half▼ 13.6%€312,732below the sector's middle half▼ 1.5%€351,829within the sector's middle half▲ 12.5%€355,324below the sector's middle half▲ 1.0%
Debt€356,116▲ 17.0%€349,013▼ 2.0%€420,983▲ 20.6%€460,791▲ 9.5%€531,657▲ 15.4%
Working capital€60,223€26,615within the sector's middle half▼ 55.8%€15,924within the sector's middle half▼ 40.2%-€8,746below the sector's middle half-€75,024below the sector's middle half▼ 758%
Solvency3.1%▼ 0.4pp-10.0%below the sector's middle half▼ 13.1pp-34.6%below the sector's middle half▼ 24.6pp-31.0%below the sector's middle half▲ 3.6pp-49.6%below the sector's middle half▼ 18.7pp
Current ratio1.23▲ 0.281.11within the sector's middle half▼ 0.131.06within the sector's middle half▼ 0.050.97within the sector's middle half▼ 0.080.82within the sector's middle half▼ 0.16
Return on assets (ROA)0.1%=-13.5%below the sector's middle half▼ 13.6pp-24.5%below the sector's middle half▼ 11.0pp-0.2%below the sector's middle half▲ 24.3pp-19.0%below the sector's middle half▼ 18.8pp
Staff (FTE)8.3▼ 5.7%6within the sector's middle half▼ 27.7%5.3within the sector's middle half▼ 11.7%5.3=5.3within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €57,571 after €5,068 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €355,324
Fixed assets
€15,037 ▲ 18.9%
Current assets
€340,287 ▲ 0.3%
Key figures and ratios
EBITDA
-€50,103▼
2022 · €19,308
Cash flow
-€59,904▼
2022 · €13,528
Quick ratio
0.60▼
2022 · 0.66
Debt to equity
-3.02▲
2022 · -4.23
Interest coverage
-4.71▼
2022 · 1.66
Debt ≤ 1 year
€415,311▲
2022 · €347,934
Debt > 1 year
€110,347▲
2022 · €77,678
Income taxes
€541▼
2022 · €566
Staff costs
€350,169▲
2022 · €273,826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €20,389 | €20,998 | ▲ 3.0% |
| Remuneration, social security and pensions62 | - | - | €217,285 | €273,826 | €350,169 | ▲ 27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,239 | €25,545 | €20,677 | €14,239 | €7,468 | ▼ 47.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€55,552 | - |
| Other operating charges640/8 | - | - | €1,860 | €1,807 | €62,463 | ▲ 3,356% |
| Gross operating margin9900 | €496,507 | €233,819 | €172,253 | €294,941 | €306,977 | ▲ 4.1% |
| Operating profit (loss)9901 | €13,320 | -€26,488 | -€67,570 | €5,068 | -€57,571 | ▼ 1,236% |
| Financial income75/76B | - | - | €2,392 | €6,396 | €1,383 | ▼ 78.4% |
| Recurring financial income75 | €2,989 | €1,112 | €2,392 | €6,396 | €1,383 | ▼ 78.4% |
| Financial charges65/66B | - | - | €10,343 | €11,611 | €10,642 | ▼ 8.3% |
| Recurring financial charges65 | €12,388 | €14,886 | €10,343 | €11,611 | €10,642 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €3,922 | -€40,262 | -€75,520 | -€146 | -€66,830 | ▼ 45,712% |
| Income taxes67/77 | €3,533 | €2,721 | €1,100 | €566 | €541 | ▼ 4.3% |
| Profit (loss) for the period9904 | €389 | -€42,983 | -€76,620 | -€712 | -€67,372 | ▼ 9,366% |
| Profit (loss) for the period to be appropriated9905 | €389 | -€42,983 | -€76,620 | -€712 | -€67,372 | ▼ 9,366% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €367,468 | €317,382 | €312,732 | €351,829 | €355,324 | ▲ 1.0% |
| Fixed assets21/28 | €50,892 | €38,555 | €23,078 | €12,642 | €15,037 | ▲ 18.9% |
| Intangible fixed assets21 | - | - | - | €3,393 | €2,605 | ▼ 23.2% |
| Tangible fixed assets22/27 | €49,006 | €36,669 | €21,192 | €6,679 | €9,862 | ▲ 47.7% |
| Furniture and vehicles24 | - | - | €20,892 | €6,679 | €9,862 | ▲ 47.7% |
| Other tangible fixed assets26 | - | - | €300 | - | - | - |
| Financial fixed assets28 | €1,886 | €1,886 | €1,886 | €2,570 | €2,570 | = |
| Current assets29/58 | €316,576 | €278,827 | €289,655 | €339,187 | €340,287 | ▲ 0.3% |
| Stocks and contracts in progress3 | €63,686 | €62,191 | €56,941 | €110,331 | €90,503 | ▼ 18.0% |
| Stocks30/36 | - | - | €56,941 | €110,331 | €90,503 | ▼ 18.0% |
| Amounts receivable within one year40/41 | €191,733 | €135,032 | €145,223 | €163,649 | €199,550 | ▲ 21.9% |
| Trade receivables40 | - | - | €100,194 | €153,558 | €166,608 | ▲ 8.5% |
| Other amounts receivable41 | - | - | €45,028 | €10,091 | €32,942 | ▲ 226% |
| Current investments50/53 | €2,974 | €53 | €53 | €53 | €53 | ▼ 0.3% |
| Cash at bank and in hand54/58 | €33,707 | €50,930 | €61,178 | €10,746 | €1,209 | ▼ 88.8% |
| Deferred charges and accrued income490/1 | - | - | €26,259 | €54,408 | €48,972 | ▼ 10.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €367,468 | €317,382 | €312,732 | €351,829 | €355,324 | ▲ 1.0% |
| Equity10/15 | €11,352 | -€31,631 | -€108,251 | -€108,962 | -€176,334 | ▼ 61.8% |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€10,648 | -€53,631 | -€130,251 | -€130,962 | -€198,334 | ▼ 51.4% |
| Amounts payable17/49 | €356,116 | €349,013 | €420,983 | €460,791 | €531,657 | ▲ 15.4% |
| Amounts payable after more than one year17 | €99,763 | €83,007 | €103,527 | €77,678 | €110,347 | ▲ 42.1% |
| Financial debts170/4 | - | - | €103,527 | €77,678 | €110,347 | ▲ 42.1% |
| Amounts payable within one year42/48 | €256,353 | €252,212 | €273,731 | €347,934 | €415,311 | ▲ 19.4% |
| Current portion of amounts payable after more than one year42 | - | - | €39,479 | €27,712 | €93,693 | ▲ 238% |
| Financial debts43 | - | - | €19,096 | €10,889 | €34,169 | ▲ 214% |
| Credit institutions430/8 | - | - | €19,096 | €10,889 | €34,169 | ▲ 214% |
| Trade debts44 | €125,582 | €171,546 | €192,949 | €266,690 | €220,599 | ▼ 17.3% |
| Suppliers440/4 | - | - | €192,949 | €266,690 | €220,599 | ▼ 17.3% |
| Taxes, remuneration and social security45 | - | - | €22,206 | €42,489 | €54,321 | ▲ 27.8% |
| Taxes450/3 | - | - | €554 | €11,788 | €7,195 | ▼ 39.0% |
| Remuneration and social security454/9 | - | - | €21,652 | €30,700 | €47,125 | ▲ 53.5% |
| Other amounts payable47/48 | - | - | - | €155 | €12,530 | ▲ 8,003% |
| Accrued charges and deferred income492/3 | - | - | €43,725 | €35,180 | €6,000 | ▼ 82.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €389 | -€42,983 | -€76,620 | -€712 | -€67,372 | ▼ 9,366% |
| + Depreciation and write-downs630 | €25,239 | €25,545 | €20,677 | €14,239 | €7,468 | ▼ 47.6% |
| Operating cash flow (approximation) | €25,628 | -€17,438 | -€55,943 | €13,528 | -€59,904 | ▼ 543% |
| Investment in fixed assets (approximation) | - | -€13,209 | -€5,200 | -€3,803 | -€9,863 | ▼ 159% |
| Change in cash | - | €17,223 | €10,248 | -€50,432 | -€9,537 | ▲ 81.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 17-03-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€76,620
Net result drops to -€76,620, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Highest result since 2018net €389 ▲57.7%
Operating result €13,320, net result €389, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Anderlecht · 1 establishment unit since 1989
Ground area
3.9 ha
Building footprint
2,172 m²
Volume, LiDAR
29,494 m³
Parcel 21306D0302/00K000, Brussels · tallest building 18.0 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
THE FILM BUSINESS SPRL ART ON THE MOVE EXPO ON THE MOVE
since 19892.044.356.558
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0302/00K000 | Brussels | 3.9 ha | 1 · 2,172 m² | 18.0 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
17-03-2025 → present |
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Of 4,579 companies in sector 82300 we hold annual accounts for 1,674. 931 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-07-1989
Fiscal year end31-12
Trade name FR
Art on the Move - Expo on the Move
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
52250Logistics services
80010Investigation and private security services
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.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.