GLOBAL REX
ActiveSummary
GLOBAL REX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-456k) and a net result of €-423k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-32
Solvency7▼-17
Growth22=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.12 against 0.95 in 2024; short-term debt: 88.9% and cash: 0.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-18.5%
Return on assets
-17.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-456k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
28 d early
2023
20 d early
2022
80 d early
2021
93 d early
2020
75 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€16k▼ 97.3%
2020 · €568k
2018: €2.84M
2019: €2.78M
2020: €568k
2018 → 2021
EBIT margin
7.1%▼ 2.3pp
2020 · 9.4%
2018: 30.7%
2019: 6.1%
2020: 9.4%
2018 → 2021
Net result
€-423k▼ 556%
2024 · €-64k
2018: €568k
2019: €106k
2020: €40k
2021: €403
2022: €-12k
2023: €-15k
2024: €-64k
2018 → 2025
Working capital
€253k
2024 · €-158k
2018: €675k
2019: €476k
2020: €199k
2021: €59k
2022: €47k
2023: €320k
2024: €-158k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16k-
Equity€59k-€47k▼ 20.4%€32k▼ 32.3%€-33k€-456k▼ 1,294%
Operating result€1k-€-12k€1k€364▼ 64.2%€-178k
Net result€403-€-12k€-15k▼ 25.5%€-64k▼ 326%€-423k▼ 556%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €178k after €364 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.47M
Fixed assets
€20k ▼ 91.0%
Current assets
€2.45M ▼ 11.1%
Key figures and ratios
Solvency
-18.5%▼
2024 · -1.1%
Current ratio
1.12▲
2024 · 0.95
Quick ratio
0.71▲
2024 · 0.61
Debt to equity
-6.42▲
2024 · -92.03
ROA
-17.1%▼
2024 · -2.2%
Debt
€2.93M▼
2024 · €3.01M
Debt ≤ 1 year
€2.20M▼
2024 · €2.91M
Debt > 1 year
€500k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.98M€2.47M▼
Fixed assets21/28€222k€20k▼
Financial fixed assets28€222k€20k▼
Current assets29/58€2.76M€2.45M▼
Stocks and contracts in progress3€986k€896k▼
Stocks30/36€986k€896k▼
Amounts receivable within one year40/41€1.71M€1.40M▼
Trade receivables40€5k€492▼
Other amounts receivable41€1.70M€1.40M▼
Cash at bank and in hand54/58€15k€14k▼
Deferred charges and accrued income490/1€50k€138k▲
Equity and liabilities
Total equity and liabilities10/49€2.98M€2.47M▼
Equity10/15€-33k€-456k▼
Contributions10/11€20k€20k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-53k€-476k▼
Amounts payable17/49€3.01M€2.93M▼
Amounts payable after more than one year17€0€500k▲
Financial debts170/4€0€500k▲
Amounts payable within one year42/48€2.91M€2.20M▼
Current portion of amounts payable after more than one year42€500k€0▼
Trade debts44€47k€3k▼
Suppliers440/4€47k€3k▼
Advances received on contracts in progress46€560€0▼
Taxes, remuneration and social security45-€7k
Taxes450/3-€7k
Other amounts payable47/48€2.37M€2.19M▼
Accrued charges and deferred income492/3€96k€229k▲
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€133k
Other operating charges640/8€15k€21k▲
Gross operating margin9900€15k€-25k▼
Operating profit (loss)9901€364€-178k▼
Financial income75/76B€49k€111k▲
Recurring financial income75€49k€111k▲
Financial charges65/66B€114k€356k▲
Recurring financial charges65€114k€154k▲
Non-recurring financial charges66B-€202k
Profit (loss) for the period before taxes9903€-64k€-423k▼
Profit (loss) for the period9904€-64k€-423k▼
Profit (loss) for the period to be appropriated9905€-64k€-423k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-476k▼
Profit (loss) brought forward from the previous period14P-€-53k
Transfer from equity791/2€12k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (14 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-423k
Net result drops to €-423k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 45current ratio 63.84
Current ratio from 1.42 to 63.84; short-term debt falls from €141k to €747.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oostkamp · 1 establishment unit since 2015
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.
Kapellestraat 1178020 OostkampGround area
10.4 ha
Building footprint
312 m²
Volume, LiDAR
2,521 m³
Parcel 31403F0109/00G000, Flanders · tallest building 28.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Global Land Properties
since 20152.243.652.362
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403F0109/00G000 | Flanders | 10.4 ha | 1 · 312 m² | 28.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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SIRI KALTER
BE 0773.864.812
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VP INTERIEUR
BE 0729.764.157
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FIMA
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Ieper · Eq €31,713
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 4,599 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.