REX CONTRACTOR
ActiveThe computed 12-month bankruptcy probability of REX CONTRACTOR is 2.5% (moderate). The annual accounts of REX CONTRACTOR for fiscal year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €11k and a net result of €-19k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 20% of 27711 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency42▼-17
Growth22▼-30
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.5 against 1.49 in 2024; short-term debt: 66.4% and cash: 12.9% of total assets), and 82.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
17.5%
Return on assets
-31%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
29 d late
2024
49 d late
2023
16 d late
2022
28 d late
2021
75 d late
2020
128 d late
2019
68 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€159k▲ 5.4%
2020 · €151k
2018: €225k
2020: €151k
2018 → 2021
EBIT margin
-0.1%▲ 2.0pp
2020 · -2.1%
2018: 2.8%
2020: -2.1%
2018 → 2021
Net result
€-19k
2024 · €31k
2018: €6k
2019: €-941
2020: €-4k
2021: €-513
2022: €180
2023: €-16k
2024: €31k
2018 → 2025
Working capital
€20k▼ 9.8%
2024 · €22k
2018: €17k
2019: €31k
2020: €7k
2021: €8k
2022: €8k
2023: €-7k
2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€159k-
Equity€14k-€14k▲ 1.3%€-2k€29k€11k▼ 63.9%
Operating result€-220-€458€-15k€32k€-12k
Net result€-513-€180€-16k€31k€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€363▼ 98.2%
Current assets
€60k▼ 10.4%
Equity and liabilities €61k
Equity
€11k▼ 63.9%
Debt
€50k▼ 14.1%
The debt ratio rises from 66.5% to 82.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-11k▼
2024 · €37k
Cash flow
€-17k▼
2024 · €36k
Solvency
17.5%▼
2024 · 33.5%
Current ratio
1.50▲
2024 · 1.49
Quick ratio
1.50▲
2024 · 1.49
Debt / equity
4.73▲
2024 · 1.98
ROE
-177.4%▼
2024 · 105.9%
ROA
-31.0%▼
2024 · 35.5%
Interest coverage
-8.40▼
2024 · 51.02
Debt
€50k▼
2024 · €58k
Debt ≤ 1 year
€40k▼
2024 · €45k
Debt > 1 year
€10k▼
2024 · €13k
Income taxes
€5k
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€88k€61k▼
Fixed assets21/28€20k€363▼
Tangible fixed assets22/27€20k-
Furniture and vehicles24€20k-
Financial fixed assets28€363€363=
Current assets29/58€67k€60k▼
Amounts receivable within one year40/41€56k€52k▼
Trade receivables40€49k€52k▲
Other amounts receivable41€7k€200▼
Cash at bank and in hand54/58€11k€8k▼
Deferred charges and accrued income490/1€503€498▼
Equity and liabilities
Total equity and liabilities10/49€88k€61k▼
Equity10/15€29k€11k▼
Contributions10/11€12k€12k=
Reserves13€318€318=
Non-distributable reserves130/1€318€318=
Reserves not available under the articles1311€318€318=
Profit (loss) carried forward14€17k€-2k▼
Amounts payable17/49€58k€50k▼
Amounts payable after more than one year17€13k€10k▼
Financial debts170/4€13k€10k▼
Amounts payable within one year42/48€45k€40k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€41k€35k▼
Suppliers440/4€41k€35k▼
Taxes, remuneration and social security45€672€942▲
Taxes450/3€672€942▲
Other amounts payable47/48-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€1k▼
Gross operating margin9900€37k€-11k▼
Operating profit (loss)9901€32k€-12k▼
Financial income75/76B€187€9▼
Recurring financial income75€187€9▼
Financial charges65/66B€722€1k▲
Recurring financial charges65€722€1k▲
Profit (loss) for the period before taxes9903€31k€-14k▼
Income taxes67/77-€5k
Profit (loss) for the period9904€31k€-19k▼
Profit (loss) for the period to be appropriated9905€31k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-2k▼
Profit (loss) brought forward from the previous period14P€-14k€17k▲
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €-19k ▼160%
Net result drops to €-19k, the lowest in the series.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €180
Net result €180 after 3 loss-making years.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 128 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.82
Current ratio from 1.39 to 5.82; short-term debt falls from €44k to €6k.
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
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, Ukkel · 1 establishment unit since 2017
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.
Albert Lancasterlaan 511180 UkkelGround area
151 m²
Building footprint
72 m²
Volume, LiDAR
629 m³
Parcel 21612D0059/00G009, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
REX CONTRACTOR
since 20172.266.868.917
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0059/00G009 | Brussels | 151 m² | 1 · 72 m² | 12.3 m · 3 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.
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CORAL PROJECT
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FELINE
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,156 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2017
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43999Specialised construction activities
47120Other non-specialised retail sale
47910Retail trade
85510Sports and recreation education
85599Other education
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.