Equity
Equity fell by 68% in 15 years.
Equity fell by 68% in 15 years.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Green is investment, beige is depreciation.
Lower net result than 90% of companies in other manufacturing. Sector median €7,156 · 838 companies.
In July 2024, 1,225 companies had the same profile as BOTREX has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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 1,225 companies, not a prediction for BOTREX. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| BOTREX Brussels | €152,118 | -€11,619 | 16.4% | - |
| ANTIPODE Woluwe-Saint-Lambert | €86,558 | -€12,697 | -347.8% | - |
| E & G Asse | €84,425 | €3,012 | -82.9% | - |
| VPGS INTERNATIONAL Merchtem | €196,070 | €8,905 | 80.0% | - |
| JERA Wevelgem | €76,078 | €4,543 | -13.1% | - |
| HELI - SERVICES Péruwelz | €54,137 | €1,051 | 98.9% | - |
| SyndICT Consult Turnhout | €52,701 | €2,309 | -12.2% | - |
These companies have the same main activity as BOTREX: other manufacturing (NACE 32300). They are comparable in size and age: total assets between €52,700 and €196,000, founded between 1993 and 2018.
BOTREX files the micro format. That format states no turnover. The gross margin fell from €65,282 in 2006 to -€11,619 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Amounts without an identifiable currency are taken as euros.
Higher than 28% of 840 companies in 2025.
Higher than 32% of 801 companies in 2025.
Higher than 13% of 812 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
152,118 | 214,371 | 145,064 | 141,158 | 163,528 | 197,406 | 182,904 | 127,637 | 46,202 | 39,706 | 77,032 | 107,138 | 131,933 | 196,802 | 177,622 | 232,517 | 229,024 | 231,062 | 258,380 | 218,398 | |
20 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | 904 | 1,808 | |
21/28 |
10,454 | 14,451 | 28,139 | 58,581 | 77,492 | 89,450 | 13,140 | 16,135 | 7,609 | 7,888 | 980 | 81,962 | 94,560 | 108,905 | 124,722 | 134,172 | 131,639 | 154,651 | 188,161 | 154,095 | |
21 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
10,454 | 14,451 | 28,139 | 58,581 | 77,492 | 89,425 | 13,115 | 16,110 | 7,584 | 7,863 | 955 | 81,937 | 94,535 | 108,880 | 124,697 | 134,147 | 131,614 | 154,626 | 187,232 | 152,287 | |
22 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | 76,731 | 82,358 | 88,373 | 94,804 | 101,679 | 109,031 | 116,894 | 123,364 | 132,166 | |
23 |
0 | 12,855 | 17,851 | 21,730 | 25,609 | 18,339 | 9,941 | 16,110 | 7,584 | 7,863 | 955 | 4,032 | 9,828 | 15,394 | 19,111 | 14,932 | 17,396 | 27,309 | 39,254 | 7,000 | |
24 |
10,454 | 1,595 | 10,288 | 36,851 | 51,883 | 71,086 | 3,174 | 0 | - | - | - | 1,174 | 2,349 | 5,113 | 10,782 | 17,536 | 5,186 | 10,422 | 24,614 | 5,804 | |
26 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | 0 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | - | |
29/58 |
141,664 | 199,920 | 116,926 | 82,576 | 86,036 | 107,956 | 169,764 | 111,502 | 38,593 | 31,817 | 76,052 | 25,176 | 37,373 | 87,897 | 52,899 | 98,345 | 97,385 | 76,411 | 70,219 | 64,303 | |
290 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | 1,184 | 1,184 | 1,184 | 1,184 | 1,184 | 36,550 | |
30/36 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | 1,184 | 1,184 | 1,184 | 1,184 | 1,184 | 36,550 | |
37 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
138,952 | 198,979 | 98,573 | 63,494 | 78,418 | 107,956 | 163,550 | 111,015 | 32,944 | 31,330 | 21,347 | 15,654 | 27,321 | 76,613 | 48,211 | 22,064 | 54,105 | 63,579 | 40,027 | 13,063 | |
40 |
28,483 | 86,020 | 56,218 | 53,170 | 76,411 | 107,956 | 163,550 | 109,058 | 32,944 | 31,330 | 21,347 | 15,654 | 27,321 | 51,613 | 22,092 | 20,813 | 52,076 | 51,032 | 27,283 | 7,902 | |
41 |
110,469 | 112,959 | 42,355 | 10,323 | 2,007 | 0 | 0 | 1,957 | - | - | - | - | - | 25,000 | 26,119 | 1,251 | 2,029 | 12,547 | 12,744 | 5,161 | |
50/53 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | 2,337 | |
54/58 |
2,713 | 0 | 18,353 | 17,564 | 7,618 | 0 | 0 | 0 | 5,162 | - | 54,218 | 2,522 | 4,788 | 11,285 | 3,504 | 71,033 | 38,839 | 7,276 | 27,775 | 12,352 | |
490/1 |
0 | 942 | 0 | 1,519 | - | 0 | 6,214 | 487 | 487 | 487 | 487 | 7,000 | 5,264 | - | - | 4,065 | 3,257 | 4,373 | 1,232 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
152,118 | 214,371 | 145,064 | 141,158 | 163,528 | 197,406 | 182,904 | 127,637 | 46,202 | 39,706 | 77,032 | 107,138 | 131,933 | 196,802 | 177,622 | 232,517 | 229,024 | 231,062 | 258,380 | 218,398 | |
10/15 |
24,984 | 47,293 | 59,956 | 58,547 | 60,815 | 57,313 | 54,794 | 24,704 | -9,978 | -19,915 | -14,430 | 27,445 | 15,501 | 53,269 | 49,451 | 78,895 | 58,680 | 68,382 | 66,505 | 35,314 | |
10/11 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 7,550 | 7,550 | 7,550 | 7,550 | 7,550 | 7,550 | 7,550 | 7,550 | |
100 |
- | - | - | - | - | 0 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | |
101 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | 11,200 | 11,200 | 11,200 | 11,200 | 11,200 | 11,200 | 11,200 | 11,200 | |
11 |
- | - | - | - | - | 18,750 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 18,750 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
12 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
41,100 | 41,100 | 41,100 | 41,875 | 41,975 | 38,475 | 35,975 | 5,875 | 1,875 | 8,675 | 8,675 | 8,675 | 7,951 | 45,719 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | |
130/1 |
- | - | 0 | 1,875 | 1,875 | 1,875 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 0 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | 1,875 | |
1311 |
- | - | 0 | 1,875 | 1,875 | 1,875 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
1313 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
41,100 | 41,100 | 41,100 | 40,000 | 40,100 | 36,600 | 34,100 | 4,000 | - | 6,800 | 6,800 | 6,800 | 6,076 | 43,844 | - | - | - | - | - | - | |
14 |
-34,866 | -12,557 | 106 | -2,078 | 90 | 88 | 69 | 79 | -30,603 | -47,340 | -41,855 | 20 | - | - | 40,026 | 69,470 | 49,255 | 58,957 | 57,080 | 25,889 | |
15 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | - | - | - | 2,357 | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | 0 | 0 | 0 | - | - | 2,357 | - | - | - | - | - | - | - | - | - | |
160 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
127,134 | 167,077 | 85,108 | 82,611 | 102,713 | 140,093 | 128,110 | 102,933 | 56,179 | 59,621 | 89,105 | 79,693 | 116,432 | 143,533 | 128,170 | 153,622 | 170,344 | 162,679 | 191,875 | 183,084 | |
17 |
- | - | 0 | 2,392 | 21,560 | 40,556 | - | - | - | - | 44,782 | 53,565 | 61,963 | 69,993 | 77,671 | 85,012 | 92,032 | 98,743 | 109,932 | 110,796 | |
170/4 |
- | - | 0 | 2,392 | 21,560 | 40,556 | - | - | - | - | 44,782 | 53,565 | 61,963 | 69,993 | 77,671 | 85,012 | 92,032 | 98,743 | 109,932 | 110,796 | |
175 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
127,134 | 166,936 | 85,108 | 76,720 | 77,904 | 97,787 | 124,360 | 102,933 | 56,179 | 59,621 | 44,323 | 26,128 | 54,469 | 73,539 | 50,499 | 68,610 | 76,812 | 63,936 | 81,943 | 72,288 | |
42 |
- | 0 | 2,392 | 19,168 | 18,996 | 18,826 | 0 | 0 | - | - | 8,783 | 8,398 | 8,030 | 7,678 | 7,341 | 7,019 | 16,712 | 11,409 | 15,679 | 15,706 | |
43 |
0 | 924 | - | - | 0 | 3,063 | 316 | 3,768 | - | 2,528 | 239 | 239 | - | - | 3,885 | - | - | - | - | - | |
430/8 |
0 | 924 | - | - | 0 | 3,063 | 316 | 3,768 | - | 2,528 | 239 | 239 | - | - | 3,885 | - | - | - | - | - | |
439 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
117,134 | 166,012 | 59,106 | 21,016 | 33,300 | 14,749 | 10,962 | - | 1,846 | 2,895 | 15,536 | 11,727 | 27,427 | 42,505 | 10,694 | 28,711 | 38,254 | 39,635 | 46,382 | 24,758 | |
440/4 |
117,134 | 166,012 | 59,106 | 21,016 | 33,300 | 14,749 | 10,962 | 0 | 1,846 | 2,895 | 15,536 | 11,727 | 27,427 | 42,505 | 10,694 | 28,711 | 38,254 | 39,635 | 46,382 | 24,758 | |
441 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
46 |
10,000 | 0 | 21,551 | - | - | 0 | 0 | 0 | 1,800 | 1,800 | 1,800 | 1,800 | - | - | - | - | - | - | - | 1,863 | |
45 |
- | 0 | 2,060 | 9,972 | 15,608 | 17,203 | 44,216 | 21,294 | 8,938 | 13,613 | 4,297 | 3,027 | 2,535 | 10,535 | 10,053 | 10,530 | 14,112 | 12,892 | 19,883 | 14,250 | |
450/3 |
- | 0 | 2,060 | 9,972 | 15,608 | 17,203 | 35,956 | 500 | 8,412 | 4,740 | 4,297 | 3,027 | 2,535 | 6,951 | 5,041 | 5,518 | 3,949 | 10,840 | 19,883 | 14,250 | |
454/9 |
- | - | - | - | - | 0 | 8,260 | 20,794 | 527 | 8,873 | - | - | - | 3,584 | 5,012 | 5,012 | 10,163 | 2,052 | - | - | |
47/48 |
- | - | 0 | 26,563 | 10,000 | 43,946 | 68,867 | 77,871 | 43,594 | 38,785 | 13,668 | 937 | 16,477 | 12,821 | 18,526 | 22,349 | 7,734 | - | - | 15,710 | |
492/3 |
0 | 141 | 0 | 3,500 | 3,250 | 1,750 | 3,750 | 0 | - | - | - | - | - | - | - | - | 1,500 | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 260,868 | - | |
76A |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | 799 | - | - | - | 1,000 | - | - | - | - | |
9900 |
-11,619 | 1,175 | 22,116 | -3,236 | 45,101 | 70,709 | 41,952 | 38,935 | 16,342 | 19,260 | -2,691 | 19,527 | 22,864 | 30,180 | -2,189 | 65,124 | 61,564 | 62,076 | 98,862 | 65,282 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 163,656 | - | |
62 |
669 | - | - | - | - | 0 | 0 | 0 | - | 9,793 | - | - | 32,845 | - | - | - | 48,196 | 9,075 | - | - | |
630 |
3,996 | 13,688 | 12,572 | 20,956 | 19,939 | 18,778 | 2,298 | 2,039 | 2,550 | 2,591 | 4,252 | 12,940 | 18,336 | 18,297 | 20,453 | 20,944 | 23,012 | 40,619 | 40,858 | 18,204 | |
631/4 |
- | - | 0 | -27,580 | -6,143 | 27,580 | 0 | -6,143 | - | 6,143 | 6,143 | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | 0 | 0 | 0 | - | -2,357 | 2,357 | - | - | - | - | - | - | - | - | - | |
640/8 |
1,760 | 6,059 | 2,805 | 2,514 | 7,912 | 6,957 | 1,348 | 7,578 | 3,316 | 3,800 | 23,033 | 2,651 | 5,787 | 2,272 | 1,806 | 4,317 | 3,103 | 2,071 | 2,892 | 1,824 | |
649 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
66A |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | 168 | - | - | - | - | - | - | - | |
9901 |
-18,043 | -18,573 | 6,739 | 874 | 23,393 | 17,394 | 38,306 | 35,461 | 10,476 | -711 | -38,476 | 3,936 | -34,103 | 9,611 | -24,448 | 39,863 | -12,748 | 10,311 | 55,112 | 45,254 | |
75/76B |
5 | 4,583 | - | - | 0 | 19 | 1 | 585 | 239 | - | - | 69 | 238 | 0 | 1,159 | 17 | 4,005 | 1,818 | 802 | 75 | |
75 |
5 | 4,583 | - | - | 0 | 19 | 1 | 585 | 239 | - | - | 69 | 238 | 0 | 1,159 | 17 | 4,005 | 1,818 | 802 | 75 | |
76B |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
709 | 733 | 762 | 1,119 | 1,907 | 1,227 | 777 | 864 | 778 | 4,460 | 3,399 | 3,645 | 3,735 | 5,793 | 6,155 | 9,958 | 4,538 | 7,992 | 8,018 | 4,114 | |
65 |
709 | 733 | 762 | 1,119 | 1,907 | 1,227 | 777 | 864 | 778 | 4,460 | 3,399 | 3,645 | 3,735 | 5,793 | 6,155 | 9,958 | 4,538 | 7,992 | 8,018 | 4,114 | |
66B |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-18,747 | -14,723 | 5,978 | -246 | 21,486 | 16,186 | 37,530 | 35,182 | 9,937 | -5,172 | -41,875 | 1,159 | -37,768 | 3,818 | -29,444 | 30,923 | -13,280 | 4,138 | 47,896 | 41,215 | |
67/77 |
3,562 | -2,060 | 4,568 | 2,022 | 7,984 | 3,667 | 7,440 | 500 | - | 313 | - | 415 | - | - | - | 4,708 | -3,578 | 2,260 | 18,441 | 13,450 | |
9904 |
-22,310 | -12,663 | 1,409 | -2,268 | 13,502 | 12,519 | 30,090 | 34,682 | 9,937 | -5,485 | -41,875 | 744 | -37,768 | 3,818 | -29,444 | 26,215 | -9,702 | 1,877 | 29,454 | 27,764 | |
789 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
-22,310 | -12,663 | 1,409 | -2,268 | 13,502 | 12,519 | 30,090 | 34,682 | 9,937 | -5,485 | -41,875 | 744 | -37,768 | 3,818 | -29,444 | 26,215 | -9,702 | 1,877 | 29,454 | 27,764 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-34,866 | -12,557 | -669 | -2,178 | 13,590 | 12,588 | 30,169 | 4,079 | -37,403 | -47,340 | -41,855 | 744 | -37,768 | 43,844 | 40,026 | 75,470 | 49,255 | 58,957 | 57,080 | 27,764 | |
14P |
-12,557 | 106 | -2,078 | 90 | 88 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 0 | 1,875 | 100 | - | 0 | 0 | 0 | 6,800 | - | - | - | 37,768 | - | - | - | - | - | - | - | |
691/2 |
- | 0 | 1,100 | 0 | 3,500 | 2,500 | 30,100 | 4,000 | - | - | - | 724 | - | 43,844 | - | - | - | - | - | 1,875 | |
691 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | 1,875 | |
6921 |
- | 0 | 1,100 | 0 | 3,500 | 2,500 | 30,100 | 4,000 | - | - | - | 724 | - | 43,844 | - | - | - | - | - | - | |
694/7 |
- | - | - | 0 | 10,000 | 10,000 | - | - | - | - | - | - | - | - | - | 6,000 | - | - | - | - | |
694 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | 0 | 10,000 | 10,000 | 0 | 0 | - | - | - | - | - | - | - | 6,000 | - | - | - | - | |
696 |
- | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | 1 | - | - | 1.8 | - | - | - | 0.9 | 0.2 | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | 400 | - | - | 30,516 | - | - | - | 1,601 | 358 | - | - | |
| Document | |||||||||||||||||||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00458533.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00458533 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00437972 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00390251 | |
| 31-12-2022 | micro format | 04-08-2023 | 2023-00313418 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20268318 | |
| 31-12-2020 | abbreviated format | 28-07-2021 | 2021-41500142 | |
| 31-12-2019 | abbreviated format | 06-08-2020 | 2020-39200596 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-33900050 | |
| 31-12-2017 | micro format | 25-07-2018 | 2018-37900564 | |
| 31-12-2016 | micro format | 11-08-2017 | 2017-42600219 | |
| 31-12-2015 | abbreviated format | 09-08-2016 | 2016-41100156 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-50400495 | |
| 31-12-2013 | abbreviated format | 22-08-2014 | 2014-44900290 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-49400496 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-51400405 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-45700240 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-49200410 | |
| 31-12-2008 | abbreviated format | 24-08-2009 | 2009-61100257 | |
| 31-12-2007 | abbreviated format | 26-06-2008 | 2008-29100003 | |
| 31-12-2006 | abbreviated format | 08-08-2007 | 2007-54600328 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14,047 | -4,885 | 19,311 | 21,830 | 43,332 | 36,172 | 40,604 | 37,500 | 13,026 | 1,880 | -34,224 | 16,876 | -15,767 | 27,908 | -3,995 | 60,807 | 10,265 | 50,930 | 95,970 | 63,458 | ||
| -18,313 | 1,026 | 13,982 | 18,688 | 33,441 | 31,297 | 32,387 | 36,721 | 12,487 | -2,894 | -37,623 | 13,684 | -19,432 | 22,115 | -8,991 | 47,159 | 13,310 | 42,496 | 70,312 | 45,969 | ||
| 145,971 | 43 | -17,870 | 2,045 | 10,387 | 95,088 | 3,968 | 10,565 | 2,270 | 9,500 | -76,730 | 342 | 4,159 | 2,479 | 11,003 | 23,477 | 0 | 7,108 | 82,241 | 169,588 | ||
| 2,713 | -18,353 | 789 | 9,946 | 7,618 | 0 | 0 | -5,162 | - | - | 51,696 | -2,266 | -6,497 | 7,780 | -67,528 | 32,194 | 31,564 | -20,500 | 15,423 | - | ||
| 14,530 | 32,984 | 31,817 | 5,857 | 8,132 | 10,168 | 45,404 | 8,569 | -17,586 | -27,803 | 31,729 | -952 | -17,096 | 14,358 | 2,400 | 29,736 | 20,573 | 12,475 | -11,724 | -7,985 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21.1% | - | ||
| 16.4% | 22.1% | 41.3% | 41.5% | 37.2% | 29.0% | 30.0% | 19.4% | -21.6% | -50.2% | -18.7% | 25.6% | 11.7% | 27.1% | 27.8% | 33.9% | 25.6% | 29.6% | 25.7% | 16.2% | ||
| 1.11 | 1.20 | 1.37 | 1.08 | 1.10 | 1.10 | 1.37 | 1.08 | 0.69 | 0.53 | 1.72 | 0.96 | 0.69 | 1.20 | 1.05 | 1.43 | 1.27 | 1.20 | 0.86 | 0.89 | ||
| 1.11 | 1.20 | 1.37 | 1.08 | 1.10 | 1.10 | 1.37 | 1.08 | 0.69 | 0.53 | 1.72 | 0.96 | 0.69 | 1.20 | 1.02 | 1.42 | 1.25 | 1.18 | 0.84 | 0.38 | ||
| 5.09 | 3.53 | 1.42 | 1.41 | 1.69 | 2.44 | 2.34 | 4.17 | - | - | - | 2.90 | 7.51 | 2.69 | 2.59 | 1.95 | 2.90 | 2.38 | 2.89 | 5.18 | ||
| -89.3% | -26.8% | 2.4% | -3.9% | 22.2% | 21.8% | 54.9% | 140.4% | - | - | - | 2.7% | -243.7% | 7.2% | -59.5% | 33.2% | -16.5% | 2.7% | 44.3% | 78.6% | ||
| -14.7% | -5.9% | 1.0% | -1.6% | 8.3% | 6.3% | 16.5% | 27.2% | 21.5% | -13.8% | -54.4% | 0.7% | -28.6% | 1.9% | -16.6% | 11.3% | -4.2% | 0.8% | 11.4% | 12.7% | ||
| -19.82 | -6.66 | 25.36 | 19.50 | 22.72 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 38 days | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 103 days | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €145,971 | €43 | - | €2,045 | €10,387 |
| Financial fixed assets | €0 | - | - | - | - |
| €3,996 | €13,688 | €12,572 | €20,956 | €19,939 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €18,043, smaller than the loss of €18,573 in 2024.
Debt's share of the balance-sheet total rises from 77.9% to 83.6%. Equity and debt are lower.
BOTREX has no parent and no holdings in its annual accounts. is the only director.
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The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kantersteen 12 registered office 1000 Brussels 3230003 Other manufacturing | 18-01-2006 | 2.151.114.758 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21804D1049/00D002 | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0878.065.972
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