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EXTROM

Active Public limited companyfounded 1984active for 42 yearsRue du Charbonnage 11, 4020 LiègeKBO/BCE: BE 0425.891.960 subsidiary of Abinso Group

Lifetime

20 annual accounts with figures on one time axis, 41 filings since 1985
peak €2.5m (2022)
€2.3m▲ 0.4%
peak €829,574 (2022)
€591,606▲ 2.3%
peak €3.9m (2025)
€3.9m▲ 3.1%
€2.0m▼ 8.1%
peak 27.7 FTE (2024)
26.2 FTE▼ 5.4%
Board4 names since 2021
4 directorsGENPARCO and 3 others
Owners3 names in the annual accounts
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
A quiet year: no large shift against the year before.

Key points

from the 2025 annual accounts

Equity

€3.9m ▲ 3.1%

EXTROM has made a profit in every financial year since 2006.

Turnover

≈ €9.7m estimated

The accounts state no turnover.

Investments

€51,923 0.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

28 employees on 31-12-2025
92202114112022141320232525202413122025

In 2025, 13 people joined and 12 left.

Filings

41 annual accounts since 1985
AprilJune31 JulyOctober1990200020102020

The 2017 accounts came 16 days late. The other nine of the last ten were filed on time.

Board

1 left

A director left. Latest change 26-06-2026 · 3 in office.

Checked score

97
Excellent
Financially stronger than 73% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

90+2equity 65.5% of total assets
69-4short-term debt 26.9% · cash 24.0%
81=return on assets 10.0%

Score breakdown

lowers risk
Liquidity: current ratio 3.50, cash €1.4m
Founded in 1984
Equity €3.9m (65.5% of total assets)
Size: 26.2 FTE, total assets €5.9m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 75% of them on solvency, 87% on liquidity, 84% on profitability and 48% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as EXTROM has now. Each dot stands for 51 companies, two years later.

95.1%
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

That fits the bankruptcy probability of EXTROM itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 20,137 companies, not a prediction for EXTROM. 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 of up to €370,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.5 (3.37 in 2024), above the usual 1.5. Short-term debt is 26.9% and cash 24% of total assets. 34.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.50, cash €1.4m
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €3.9m (65.5% of total assets)
NBB · annual accounts
lowers risk · Size: 26.2 FTE, total assets €5.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
8 days early
2023
15 days early
2022
27 days early
2021
18 days early
2020
9 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

T
Director, Carl DEJAGER
G
Director, ANDRE Pierre-Yves
I
Director, ANDRE Pierre
Board & ownership

Recent changes

Resignation: Véronique Vandenbroucke (director) Permanent representative: Pierre ANDRE · General meeting of 26-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0425891960
New establishment in Lichtervelde Industrielaan 14
Merger: S.A. CENTRE DES ABRASIFS; N.V. ABRASIVES CENTER takes over D'HULSTER MARCEL EN ZONEN Company renamed from S.A. CENTRE DES ABRASIFS; N.V. ABRASIVES CENTER to EXTROM · Capital increase of €55,800 to €136,511.75 · Capital from €80,711.75 to €136,511.75, 8,800 new shares · General meeting of 20-07-2021 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
EXTROM Liège €5.9m €2.3m 65.5% 26.2
SOLIDOR RUBBER AND PRODUCTS Wevelgem €4.4m €2.4m 64.0% 21.3
Vigotec Puurs-Sint-Amands €4.3m €1.3m 33.5% 18.8
INTERFLUX ELECTRONICS Ghent €8.3m €1.9m 92.1% 14.6
BARENTZ Zaventem €6.0m €6.2m 30.9% 33.7
MEC EUROPE Ghent €7.6m €3.3m 76.9% 12.8
HEDELAB Mons €6.5m €2.4m -40.8% 42.3

These companies have the same main activity as EXTROM: wholesale of industrial chemicals (NACE 46851). They are comparable in size and age: total assets between €4.3m and €8.3m, founded between 1979 and 1997.

Official details

Source: KBO
Status
Active since 02-07-1984Normal situation
Activity
Wholesale of industrial chemicalsNACE 46851and 1 other
Establishment units
2.102.460.7464020 Liège, since 01-09-1984
2.320.583.3598810 Lichtervelde, since 12-08-2021
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2025

€5.9m▼ 1.1%
Employeeson 31-12-2025
28▲ 7.7%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on EXTROM

EXTROM has existed since 1984. The gross margin grew from €761,943 in 2006 to €2.3m in 2025 and staff from 5.3 to 26.2 full-time equivalents.

Abinso Group holds all the shares.

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 EXTROM

What is the company number of EXTROM?
The company number of EXTROM is 0425.891.960. The VAT number is the same number with BE in front: BE 0425.891.960.
Where is EXTROM based?
The registered office is at Rue du Charbonnage 11, 4020 Liège.Company details
What does EXTROM do?
According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
What is the legal form of EXTROM?
EXTROM is a public limited company (NV).
When was EXTROM founded?
EXTROM was founded on 02-07-1984.
Is EXTROM still active?
Yes, EXTROM is an active enterprise in the KBO register.
How many employees does EXTROM have?
EXTROM had an average of 26.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of EXTROM?
The turnover in financial year 2025 is ≈ €9.7m. This figure is estimated from the gross margin of €2.3m and 98 comparable companies (NACE 46). It probably lies between €5.8m and €16.0m.
Is EXTROM profitable?
In financial year 2025, EXTROM made a profit of €591,606.
Where can I find the annual accounts of EXTROM?
EXTROM filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXTROM due?
EXTROM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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