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FIBREX

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Meensesteenweg(Kor) 95 ·8500 Kortrijk, Belgium
BE 0797.914.575
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Turnover€80.72M+2.6%
EBIT margin8.3%+0.5pp
Net result€3.58M-14.6%
Working capital€8.72M-60.9%
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · volledig
€0€25.00M€50.00M€75.00MRevenue 2023: €78.68M€78.68MOperating result 2023: €6.12M€6.12MNet result 2023: €4.19M€4.19MRevenue 2024: €80.72M€80.72MOperating result 2024: €6.67M€6.67MNet result 2024: €3.58M€3.58M20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46 — Wholesale trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 55.1% 32.6%
better than 79% of 62 sector peers
Net result €3.58M €5k
better than 95% of 62 sector peers
Equity €8.81M €116k
better than 95% of 62 sector peers
Staff costs €204k €314k
higher than 45% of 38 sector peers
Employees (FTE) 2.0 4.0
better than 27% of 31 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€80.72M
+2.6% 23–24
EBITDA
€6.68M
+8.9% 23–24
Net profit
€3.58M
-14.6% 23–24
Cash flow
€3.58M
-14.7% 23–24
Total assets
€15.99M
-61.5% 23–24
Equity
€8.81M
+21.9% 23–24
Working capital
€8.72M
-60.9% 23–24
Employees (FTE)
2
+11.1% 23–24
Staff costs
€204k
-26.3% 23–24
Income taxes
€1.22M
-14.7% 23–24
Dividends
€2.00M
+60.0% 23–24
Debt
€7.18M
-79.1% 23–24
Debt ≤ 1y
€7.17M
-62.5% 23–24
Current ratio
2.22
+2.2% 23–24
Quick ratio
1.86
+33.9% 23–24
Solvency
55.1%
+216.6% 23–24
Debt / equity
0.81
-82.8% 23–24
ROE
40.6%
-29.9% 23–24
ROA
22.4%
+122.0% 23–24
Net margin
4.4%
-16.7% 23–24
EBITDA margin
8.3%
+6.2% 23–24
Interest coverage
10.53
-27.3% 23–24
Figures by fiscal year
Fiscal year2024
Revenue€80.72M
EBITDA€6.68M
Net profit€3.58M
Cash flow€3.58M
Staff costs€204k
Income taxes€1.22M
Dividends€2.00M
Total assets€15.99M
Equity€8.81M
Debt€7.18M
of which ≤ 1y€7.17M
of which > 1y
Working capital€8.72M
Employees (FTE)2.0
Ratios (computed)
2024
Current ratio2.22
Quick ratio1.86
Working capital ratio54.5%
Solvency55.1%
Debt / equity0.81
Long-term debt ratio
Interest coverage10.53
Gross margin11.4%
Net margin4.4%
ROA22.4%
ROE40.6%
EBITDA margin8.3%
Days sales outstanding25d
Days payable outstanding19d
Inventory turnover27.99
Days inventory (DSI)13d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€15.99M
Fixed assets 21/28€95k
Tangible fixed assets 22/27€94k
Financial fixed assets 28€1k
Current assets 29/58€15.89M
Stocks & contracts in progress 3€2.56M
Amounts receivable within one year 40/41€6.65M
Cash & bank 54/58€4.43M
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€15.99M
Equity 10/15€8.81M
Contributions / capital 10/11€106k
Reserves 13€8.70M
Amounts payable 17/49€7.18M
Amounts payable within one year 42/48€7.17M
Trade debts payable within one year 44€3.71M
Income statement
Turnover 70€80.72M
Operating result 9901€6.67M
Financial income 75€85k
Financial charges 65€1.96M
Result before taxes 9903€4.80M
Income taxes 67/77€1.22M
Net result for the period 9904€3.58M
Result to be appropriated 9905€3.58M
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Ratios computed by Checked.

Health barometer

FY 2024 · computed
95 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.