NEXIM
ActiveNEXIM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-60k) and a net result of €-27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.44 in 2024), and equity is negative.
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 · 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
-8.8%
Return on assets
-4%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€60k
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
2 d early
2023
26 d late
2022
83 d early
2021
122 d early
2020
47 d early
2019
115 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-60k▼ 82.3%
2024 · €-33k
2018: €-59k
2019: €4k
2020: €11k
2021: €49k
2022: €96k
2023: €11k
2024: €-33k
2018 → 2025
Total assets
€690k▲ 0.5%
2024 · €686k
2018: €126k
2019: €172k
2020: €229k
2021: €263k
2022: €362k
2023: €732k
2024: €686k
2018 → 2025
Net result
€-27k▲ 38.3%
2024 · €-44k
2018: €-3k
2019: €64k
2020: €6k
2021: €39k
2022: €47k
2023: €-85k
2024: €-44k
2018 → 2025
Working capital
€-224k▼ 28.2%
2024 · €-175k
2018: €-40k
2019: €17k
2020: €81k
2021: €98k
2022: €82k
2023: €-95k
2024: €-175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€96k▲ 95.5%€11k▼ 88.5%€-33k€-60k▼ 82.3%
Operating result€54k-€71k▲ 32.7%€-74k€-8k▲ 89.8%€8k
Net result€39k-€47k▲ 21.6%€-85k€-44k▲ 48.1%€-27k▲ 38.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €690k
Fixed assets
€523k▼ 4.6%
Current assets
€167k▲ 20.9%
Key figures and ratios
EBITDA
€36k▲
2024 · €21k
Cash flow
€696▲
2024 · €-15k
Solvency
-8.8%▼
2024 · -4.8%
Current ratio
0.43▼
2024 · 0.44
Quick ratio
0.11▼
2024 · 0.13
Debt / equity
-12.42▲
2024 · -21.71
ROE
45.1%▼
2024 · 133.5%
ROA
-4.0%▲
2024 · -6.4%
Interest coverage
1.03▲
2024 · 0.63
Debt
€750k▲
2024 · €720k
Debt ≤ 1 year
€391k▲
2024 · €313k
Debt > 1 year
€358k▼
2024 · €400k
Income taxes
€243▼
2024 · €3k
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€686k€690k▲
Fixed assets21/28€548k€523k▼
Tangible fixed assets22/27€540k€512k▼
Land and buildings22€533k€510k▼
Plant, machinery and equipment23€2k€970▼
Furniture and vehicles24€5k€919▼
Financial fixed assets28€8k€11k▲
Current assets29/58€138k€167k▲
Stocks and contracts in progress3€96k€125k▲
Stocks30/36€96k€125k▲
Amounts receivable within one year40/41€36k€37k▲
Trade receivables40€30k€30k▼
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€4k€1k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€686k€690k▲
Equity10/15€-33k€-60k▼
Contributions10/11€6k€6k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-44k€-72k▼
Amounts payable17/49€720k€750k▲
Amounts payable after more than one year17€400k€358k▼
Financial debts170/4€400k€358k▼
Amounts payable within one year42/48€313k€391k▲
Current portion of amounts payable after more than one year42€57k€42k▼
Financial debts43€1k€151k▲
Credit institutions430/8€1k€151k▲
Trade debts44€165k€161k▼
Suppliers440/4€165k€161k▼
Advances received on contracts in progress46€1k€464▼
Taxes, remuneration and social security45€47k€37k▼
Taxes450/3€47k€37k▼
Other amounts payable47/48€41k€0▼
Accrued charges and deferred income492/3€7k€887▼
Income statement
Code20242025
Non-recurring operating income76A€7k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€28k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€360€0▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€27k€42k▲
Operating profit (loss)9901€-8k€8k▲
Financial income75/76B€40€56▲
Recurring financial income75€40€56▲
Financial charges65/66B€34k€35k▲
Recurring financial charges65€34k€35k▲
Profit (loss) for the period before taxes9903€-41k€-27k▲
Income taxes67/77€3k€243▼
Profit (loss) for the period9904€-44k€-27k▲
Profit (loss) for the period to be appropriated9905€-44k€-27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-72k▼
Profit (loss) brought forward from the previous period14P-€-44k
Transfer from equity791/2€0-
The notes to these accounts (16 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-85k ▼281%
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.12
Current ratio from 1.36 to 3.12; short-term debt falls from €46k to €38k.
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 1.36
Current ratio from 0.13 to 1.36; short-term debt falls from €46k to €46k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Zonhoven · 1 establishment unit since 2007
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.
Klaasveldweg 143520 ZonhovenGround area
1,104 m²
Building footprint
152 m²
Volume, LiDAR
744 m³
Parcel 71443F0173/00M000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Recup Wood
since 20072.159.911.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443F0173/00M000 | Flanders | 1,104 m² | 1 · 152 m² | 6.8 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
PHISOR
BE 0464.606.541
Gent · Eq €11k
VERBEEK - WILLEMS
BE 0438.972.114
Laakdal · Eq €11k
ENGELS BRUGGE
BE 0834.917.305
Brugge · Eq €11k
Metiers du Bois
BE 0401.665.320
Charleroi · Eq €11k
GELEEFD HOUT
BE 0781.715.674
Kalmthout · Eq €12k
Of 858 companies in sector 46832 we hold annual accounts for 587. 114 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2007
Fiscal year end31-12
Activities, NACEBEL
46832Wholesale of timber
74142
31002Manufacture of furniture
43320Joinery installation
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.