GREMATEX
ActiveGREMATEX has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €734k and a net result of €138k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 87% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-12
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 4.18 in 2023; short-term debt: 17.7% and cash: 19.8% of total assets), and 17.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← 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 2024Solvency, return and age of the figures
Solvency
82.3%
Return on assets
15.5%
Age of the figures
20 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €734k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
47 d early
2022
45 d early
2021
52 d early
2020
37 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€734k▲ 10.0%
2023 · €668k
2018: €674k
2019: €736k
2020: €571k
2021: €471k
2022: €542k
2023: €668k
2018 → 2024
Total assets
€893k▲ 11.4%
2023 · €801k
2018: €826k
2019: €824k
2020: €962k
2021: €748k
2022: €734k
2023: €801k
2018 → 2024
Net result
€138k▼ 49.0%
2023 · €271k
2018: €72k
2019: €62k
2020: €-165k
2021: €-100k
2022: €71k
2023: €271k
2018 → 2024
Working capital
€486k▲ 14.9%
2023 · €423k
2018: €424k
2019: €459k
2020: €467k
2021: €256k
2022: €269k
2023: €423k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€571k-€471k▼ 17.6%€542k▲ 15.1%€668k▲ 23.2%€734k▲ 10.0%
Operating result€-167k-€-101k▲ 39.3%€67k€326k▲ 389%€194k▼ 40.6%
Net result€-165k-€-100k▲ 39.3%€71k€271k▲ 280%€138k▼ 49.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €893k
Fixed assets
€249k▲ 1.4%
Current assets
€644k▲ 15.8%
Equity and liabilities €893k
Equity
€734k▲ 10.0%
Debt
€158k▲ 18.8%
The debt ratio rises from 16.6% to 17.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€243k▼
2023 · €374k
Cash flow
€187k▼
2023 · €319k
Solvency
82.3%▼
2023 · 83.4%
Current ratio
4.07▼
2023 · 4.18
Quick ratio
2.50▲
2023 · 2.48
Debt / equity
0.22▲
2023 · 0.20
ROE
18.8%▼
2023 · 40.5%
ROA
15.5%▼
2023 · 33.8%
Interest coverage
175.85▼
2023 · 213.14
Debt
€158k▲
2023 · €133k
Debt ≤ 1 year
€158k▲
2023 · €133k
Income taxes
€62k▲
2023 · €61k
Staff costs
€198k▼
2023 · €200k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€801k€893k▲
Fixed assets21/28€245k€249k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€239k€243k▲
Land and buildings22€154k€138k▼
Plant, machinery and equipment23€48k€79k▲
Furniture and vehicles24€38k€26k▼
Financial fixed assets28€6k€6k=
Current assets29/58€556k€644k▲
Stocks and contracts in progress3€225k€248k▲
Stocks30/36€225k€248k▲
Amounts receivable within one year40/41€169k€163k▼
Trade receivables40€19k€10k▼
Other amounts receivable41€150k€153k▲
Current investments50/53€2k€51k▲
Cash at bank and in hand54/58€155k€177k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€801k€893k▲
Equity10/15€668k€734k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€409k€476k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€403k€470k▲
Profit (loss) carried forward14€197k€197k=
Amounts payable17/49€133k€158k▲
Amounts payable within one year42/48€133k€158k▲
Financial debts43-€42k
Credit institutions430/8-€42k
Trade debts44€3k€66k▲
Suppliers440/4€3k€66k▲
Taxes, remuneration and social security45€128k€50k▼
Taxes450/3€88k€29k▼
Remuneration and social security454/9€39k€21k▼
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3€5€60▲
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€200k€198k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€49k▲
Other operating charges640/8€8k€11k▲
Gross operating margin9900€582k€451k▼
Operating profit (loss)9901€326k€194k▼
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€332k€201k▼
Income taxes67/77€61k€62k▲
Profit (loss) for the period9904€271k€138k▼
Profit (loss) for the period to be appropriated9905€271k€138k▼
Appropriation of the result
Profit (loss) to be appropriated9906€230k€335k▲
Profit (loss) brought forward from the previous period14P€-41k€197k▲
Transfer from equity791/2€382k€72k▼
Transfer to equity691/2€270k€138k▼
To the legal reserve6920-€0
To other reserves6921€270k€138k▼
Profit to be distributed694/7€145k€72k▼
Return on contributions (dividend)694€145k€72k▼
Social balance
Average headcount (FTE)90874.74.3▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €271k ▲280%
Operating result €326k, net result €271k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €71k
Net result €71k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €542k ▲15.1%
Equity rises from €471k to €542k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-165k ▼367%
Net result drops to €-165k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beveren-Kruibeke-Zwijndrecht · 5 establishment units since 1980
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.
Grote Kouterstraat(VRA) 1379120 Beveren-Kruibeke-ZwijndrechtGround area
5,534 m²
Building footprint
1,513 m²
Volume, LiDAR
6,904 m³
5 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
5 establishment units
GREMATEX
since 19802.017.651.468
Brugstraat(VRA) 19, 9120 Beveren-Kruibeke-Zwijndrecht
since 19932.017.651.567
MODECONFEX
since 19982.017.651.369
Boendersstraat 6, 3670 Oudsbergen
since 19982.017.651.666
Modeconfex
since 20042.138.967.289
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72008A0335/00G000 | Flanders | 2,850 m² | 1 · 841 m² | 8.2 m · 1 fl. |
| 71034A4256/00A000 | Flanders | 835 m² | 1 · 23 m² | 2.8 m · 1 fl. |
| 13049B0296/00V000 | Flanders | 752 m² | 1 · 215 m² | 12.1 m · 2 fl. |
| 46028C0601/00Y000 | Flanders | 569 m² | 1 · 179 m² | 6.2 m · 1 fl. |
| 46028B0651/00K000 | Flanders | 528 m² | 1 · 255 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 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
2024 · 1 entry · 2,250 EUR awarded · 2,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,250 EUR | 2,250 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 127 companies in sector 14100 we hold annual accounts for 12. 8 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-06-1980
Fiscal year end31-12
Activities, NACEBEL
14100Manufacture of wearing apparel
14390Manufacture of wearing apparel
17720
46423Wholesale of clothing, excluding workwear and underwear
51421
46412Wholesale of household textiles and bedding
47512Retail sale of household textiles and bedding
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
51410
52410
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.