EXTREMIS
ActiveEXTREMIS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.96M and a net result of €326k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 130 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+5
Solvency90▲+14
Growth45▼-3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.72 in 2024; short-term debt: 32.6% and cash: 6.5% of total assets), and 35.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.9%
Return on assets
5.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
45 d early
2023
2 d late
2022
6 d early
2021
61 d late
2020
31 d late
2019
67 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10.91M▼ 15.4%
2024 · €12.90M
2019: €11.76M
2020: €10.95M
2021: €14.34M
2022: €16.40M
2023: €13.23M
2024: €12.90M
2019 → 2025
EBIT margin
3.3%▲ 1.9pp
2024 · 1.4%
2019: 4.5%
2020: 6.4%
2021: 3.8%
2022: 2.2%
2023: -5.5%
2024: 1.4%
2019 → 2025
Net result
€326k▲ 298%
2024 · €82k
2018: €343k
2019: €379k
2020: €472k
2021: €436k
2022: €410k
2023: €-908k
2024: €82k
2018 → 2025
Working capital
€1.95M▼ 18.9%
2024 · €2.40M
2018: €2.28M
2019: €2.43M
2020: €2.26M
2021: €3.11M
2022: €2.87M
2023: €2.02M
2024: €2.40M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14.34M-€16.40M▲ 14.4%€13.23M▼ 19.3%€12.90M▼ 2.5%€10.91M▼ 15.4%
Equity€4.05M-€4.46M▲ 10.1%€3.55M▼ 20.4%€3.63M▲ 2.3%€3.96M▲ 9.0%
Operating result€542k-€364k▼ 32.7%€-733k€179k€356k▲ 98.6%
Net result€436k-€410k▼ 6.0%€-908k€82k€326k▲ 298%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 99% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.09M
Fixed assets
€2.16M▲ 56.6%
Current assets
€3.93M▼ 31.2%
Equity and liabilities €6.09M
Equity
€3.96M▲ 9.0%
Debt
€2.14M▼ 38.4%
The debt ratio falls from 48.9% to 35.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€752k▲
2024 · €685k
Cash flow
€722k▲
2024 · €588k
Solvency
64.9%▲
2024 · 51.1%
Current ratio
1.98▲
2024 · 1.72
Quick ratio
0.52▼
2024 · 0.83
Debt / equity
0.54▼
2024 · 0.96
ROE
8.2%▲
2024 · 2.3%
ROA
5.4%▲
2024 · 1.2%
Interest coverage
14.66▲
2024 · 6.54
Debt
€2.14M▼
2024 · €3.47M
Debt ≤ 1 year
€1.98M▼
2024 · €3.32M
Debt > 1 year
€150k▲
2024 · €128k
Income taxes
€2k▼
2024 · €2k
Staff costs
€1.85M▼
2024 · €2.03M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.10M€6.09M▼
Fixed assets21/28€1.38M€2.16M▲
Intangible fixed assets21€576k€585k▲
Tangible fixed assets22/27€302k€419k▲
Plant, machinery and equipment23€63k€182k▲
Furniture and vehicles24€29k€27k▼
Other tangible fixed assets26€210k€209k▼
Financial fixed assets28€500k€1.16M▲
Affiliated companies280/1€500k€1.16M▲
Participating interests280€500k€500k=
Amounts receivable281€0€656k▲
Current assets29/58€5.72M€3.93M▼
Stocks and contracts in progress3€2.96M€2.90M▼
Stocks30/36€2.96M€2.90M▼
Raw materials and consumables30/31€835k€736k▼
Work in progress32€657k€764k▲
Finished goods33€1.37M€1.35M▼
Advance payments36€102k€44k▼
Amounts receivable within one year40/41€1.85M€609k▼
Trade receivables40€874k€355k▼
Other amounts receivable41€974k€254k▼
Cash at bank and in hand54/58€810k€398k▼
Deferred charges and accrued income490/1€104k€30k▼
Equity and liabilities
Total equity and liabilities10/49€7.10M€6.09M▼
Equity10/15€3.63M€3.96M▲
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€3.48M€3.81M▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133€3.47M€3.79M▲
Amounts payable17/49€3.47M€2.14M▼
Amounts payable after more than one year17€128k€150k▲
Financial debts170/4€128k€150k▲
Credit institutions173€128k€150k▲
Amounts payable within one year42/48€3.32M€1.98M▼
Current portion of amounts payable after more than one year42€152k€278k▲
Financial debts43€1.53M€200k▼
Credit institutions430/8€1.53M€200k▼
Trade debts44€965k€959k▼
Suppliers440/4€965k€959k▼
Advances received on contracts in progress46€505k€402k▼
Taxes, remuneration and social security45€169k€146k▼
Taxes450/3€295€0▼
Remuneration and social security454/9€169k€146k▼
Accrued charges and deferred income492/3€24k€2k▼
Income statement
Code20242025
Operating income70/76A€12.75M€11.54M▼
Turnover70€12.90M€10.91M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-401k€95k▲
Other operating income74€250k€531k▲
Non-recurring operating income76A-€3k
Operating charges60/66A€12.57M€11.19M▼
Goods for resale, raw materials and consumables60€5.08M€4.63M▼
Purchases600/8€4.86M€4.53M▼
Change in stocks: decrease (increase)609€219k€99k▼
Services and other goods61€4.94M€4.30M▼
Remuneration, social security and pensions62€2.03M€1.85M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€506k€396k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-28k€0▲
Other operating charges640/8€33k€8k▼
Non-recurring operating charges66A€7k€0▼
Operating profit (loss)9901€179k€356k▲
Financial income75/76B€51k€63k▲
Recurring financial income75€51k€63k▲
Income from current assets751€30k€27k▼
Other financial income752/9€21k€36k▲
Financial charges65/66B€147k€91k▼
Recurring financial charges65€147k€91k▼
Debt charges650€105k€51k▼
Other financial charges652/9€42k€40k▼
Profit (loss) for the period before taxes9903€84k€328k▲
Income taxes67/77€2k€2k▼
Taxes670/3€2k€2k▼
Profit (loss) for the period9904€82k€326k▲
Profit (loss) for the period to be appropriated9905€82k€326k▲
Appropriation of the result
Profit (loss) to be appropriated9906€82k€326k▲
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€82k€326k▲
To other reserves6921€82k€326k▲
Social balance
Average headcount (FTE)908730.624.8▼
The notes to these accounts (87 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
31-12
Financial
Weakest financial yearnet €-908k ▼321%
Net result drops to €-908k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €472k ▲24.6%
Operating result €704k, net result €472k, both a record.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 67 days late
2019
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 24 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 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, Poperinge · 1 establishment unit since 1988
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.
Couthoflaan 20B8972 PoperingeGround area
1.8 ha
Building footprint
6,631 m²
Volume, LiDAR
45,284 m³
2 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EXTREMIS
since 19882.039.157.160
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33022C0037/00K000 | Flanders | 1.8 ha | 1 · 6,631 m² | 11.6 m · 2 fl. |
| 33022C0035/00B002 | Flanders | 685 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 15 entries · 180,697 EUR awarded · 155,371 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 15,444 EUR | 27,690 EUR |
| 2024 | 4 | 64,096 EUR | 29,548 EUR |
| 2023 | 3 | 49,788 EUR | 50,902 EUR |
| 2022 | 4 | 51,369 EUR | 47,231 EUR |
Schemes
Subsidies voor internationaal ondernemen
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies ecologisch en veilig transport (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
8755007F334A6901ZW14
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Of 457 companies in sector 31009 we hold annual accounts for 124. 20 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-06-1988
Fiscal year end31-12
Activities, NACEBEL
31009Manufacture of furniture
31092Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.