Equity
€6.1m ▲ 5.2%
Comax has made a profit without a break since 2021.
Comax
Lifetime
19 annual accounts with figures on one time axis, 42 filings since 1984peak €13.4m (2025)
€13.4m▲ 10.2%
lowest -€1.1m (2013)
€299,868▲ 5.8%
peak €6.1m (2025)
€6.1m▲ 5.2%
€2.6m▼ 36.8%
peak 52.2 FTE (2013)
45.5 FTE▼ 9.0%
Board4 names since 2016
3 directors and 2 others
Owners2 names in the annual accounts
consolidates
Documentsfilings and deeds
09-07-202622 days before the deadline
2025financial year
Staff from 50 FTE to 45.5 FTEDebts from €4.1m to €2.6mCash from €1.4m to €632,304
Key points
from the 2025 annual accountsGrowth
5 years
5 years of growth in a row. Turnover 2025: €13.4m.
Staff
53 employees on 31-12-2025
In 2025, 40 people joined and 39 left. On top of that, 0.1 agency workers worked there on average.
Payment terms
67 days to suppliers
Comax pays its suppliers 76 days earlier than in 2024. Customers pay 17 days earlier.
Filings
42 annual accounts since 1984
The last five annual accounts were filed 0 to 22 days before the end of the period.
Board
1 joined
New director. Latest change 10-09-2026 · 3 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as Comax has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 14,769 companies, not a prediction for Comax. 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
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Signals
Board and ownership
Managing director
Managing director
Director
Auditor,
- consolidatesannual accounts 2025
Recent changes
2 directors appointed, 3 reappointments
Reappointments: , and · Appointments: (managing director) and (managing director) · General meeting of 26-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424085087
Reappointment: (statutory auditor)
Appointment: (managing director) · General meeting of 21-06-2024 · Gazette deed
Amendment of the articles
General meeting of 20-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Comax Brussels | €13.4m | 2.2% | 70.2% | 45.5 |
| A.R.W. Brussels | €38.1m | 4.2% | 56.1% | 22 |
| BLUE STORES Brussels | €54.4m | 5.6% | 12.4% | 39.9 |
| RECUTEX Waregem | €19.4m | -13.3% | 43.4% | 76.7 |
| Tricobel Thimister-Clermont | €28.0m | 2.8% | 41.9% | 32.2 |
| O.F.T. AANKOOP Roeselare | €23.0m | 1.4% | 49.7% | 33.6 |
| HULTAFORS GROUP BELGIUM Antwerp | €31.3m | 8.7% | 25.8% | 21 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Comax: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €7m and €25m, founded between 1968 and 1999.
Official details
Source: KBO- Status
- Active since 10-05-1983Normal situation
- Activity
- Wholesale of clothing, excluding workwear and underwearNACE 46423and 1 other
- Joint committees
- 109Clothing and garment industry
- 100Auxiliary committee for blue-collar workers
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.022.440.9911050 Brussels, since 10-05-1983
- 2.176.243.9938300 Knokke-Heist, since 01-01-2000and 7 others
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €8.6m▼ 12.1%
- Employeeson 31-12-2025
- 53▲ 1.9%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Comax
Turnover has grown every year since 2020. Solvency rose in 2025 from 58.7% to 70.2% because of the retained profit and lower debts.
In September 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Comax
- What is the company number of Comax?
- The company number of Comax is 0424.085.087. The VAT number is the same number with BE in front: BE 0424.085.087.
- Where is Comax based?
- The registered office is at Louizalaan 19, 1050 Brussels.Company details
- What does Comax do?
- According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
- What is the legal form of Comax?
- Comax is a public limited company (NV).
- When was Comax founded?
- Comax was founded on 10-05-1983.
- Is Comax still active?
- Yes, Comax is an active enterprise in the KBO register.
- How many employees does Comax have?
- Comax had an average of 45.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Comax fall under?
- In its 2025 annual accounts, Comax states joint committees 109 (Clothing and garment industry), 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
- What is the turnover of Comax?
- The turnover of Comax was €13.4m in financial year 2025, according to the filed annual accounts.
- Is Comax profitable?
- In financial year 2025, Comax made a profit of €299,868.
- Where can I find the annual accounts of Comax?
- Comax filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Comax due?
- Comax must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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