REX work & safety
ActiveSummary
REX work & safety has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,500 and a net result of €26,499. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+42
Solvency85▲+17
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.23 in 2024; short-term debt: 35.1% and cash: 2% of total assets), and 40% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
60%
Return on assets
12%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
12 d early
2023
39 d early
2022
3 d early
2021
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 19 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€132,500▲ 25.0%
2024 · €106,001
Total assets
€220,892▼ 9.4%
2024 · €243,789
Net result
€26,499
2024 · -€3,327
Working capital
€61,157▲ 107%
2024 · €29,576
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29,233-€41,070▲ 40.5%€59,712▲ 45.4%-€317€38,299
Net result€21,824within the sector's middle half-€31,151above the sector's middle half▲ 42.7%€44,001above the sector's middle half▲ 41.3%-€3,327within the sector's middle half€26,499above the sector's middle half
Equity€51,824within the sector's middle half-€82,975within the sector's middle half▲ 60.1%€126,975above the sector's middle half▲ 53.0%€106,001within the sector's middle half▼ 16.5%€132,500above the sector's middle half▲ 25.0%
Total assets€262,301within the sector's middle half-€348,985above the sector's middle half▲ 33.0%€237,875within the sector's middle half▼ 31.8%€243,789within the sector's middle half▲ 2.5%€220,892within the sector's middle half▼ 9.4%
Debt€210,477-€266,010▲ 26.4%€110,899▼ 58.3%€137,788▲ 24.2%€88,392▼ 35.8%
Working capital€23,781within the sector's middle half-€27,622within the sector's middle half▲ 16.2%€54,775within the sector's middle half▲ 98.3%€29,576within the sector's middle half▼ 46.0%€61,157within the sector's middle half▲ 107%
Solvency19.8%within the sector's middle half-23.8%within the sector's middle half▲ 4.0pp53.4%within the sector's middle half▲ 29.6pp43.5%within the sector's middle half▼ 9.9pp60.0%within the sector's middle half▲ 16.5pp
Current ratio1.11within the sector's middle half-1.11within the sector's middle half▼ 0.011.52within the sector's middle half▲ 0.421.23within the sector's middle half▼ 0.301.79within the sector's middle half▲ 0.56
Return on assets (ROA)8.3%within the sector's middle half-8.9%within the sector's middle half▲ 0.6pp18.5%above the sector's middle half▲ 9.6pp-1.4%within the sector's middle half▼ 19.9pp12.0%within the sector's middle half▲ 13.4pp
Staff (FTE)0.81▲ 25.0%1=1=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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: €38,299 after a loss of €317 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220,892
Fixed assets
€82,095 ▼ 2.2%
Current assets
€138,797 ▼ 13.2%
Equity and liabilities €220,892
Equity
€132,500 ▲ 25.0%
Debt
€88,392 ▼ 35.8%
Debt's share of the balance-sheet total falls from 56.5% to 40.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,471▲
2024 · €12,248
Cash flow
€38,672▲
2024 · €9,238
Quick ratio
1.65▲
2024 · 1.00
Debt to equity
0.67▼
2024 · 1.30
ROE
20.0%▲
2024 · -3.1%
Interest coverage
13.97▲
2024 · 2.99
Debt ≤ 1 year
€77,641▼
2024 · €130,274
Debt > 1 year
€424▼
2024 · €2,615
Income taxes
€9,186▲
2024 · €1,013
Staff costs
€34,710▼
2024 · €41,576
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €36,465 | €20,494 | €26,806 | €41,576 | €34,710 | ▼ 16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,435 | €6,416 | €10,336 | €12,565 | €12,173 | ▼ 3.1% |
| Other operating charges640/8 | €448 | €1,682 | €711 | €1,246 | €4,918 | ▲ 295% |
| Non-recurring operating charges66A | - | - | - | - | €7,671 | - |
| Gross operating margin9900 | €70,580 | €69,662 | €97,565 | €55,071 | €97,770 | ▲ 77.5% |
| Operating profit (loss)9901 | €29,233 | €41,070 | €59,712 | -€317 | €38,299 | ▲ 12,178% |
| Financial income75/76B | €40 | €367 | €2,115 | €2,096 | €999 | ▼ 52.3% |
| Recurring financial income75 | €40 | €367 | €2,115 | €2,096 | €999 | ▼ 52.3% |
| Financial charges65/66B | €1,274 | €2,039 | €4,794 | €4,093 | €3,613 | ▼ 11.7% |
| Recurring financial charges65 | €1,274 | €2,039 | €4,794 | €4,093 | €3,613 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €27,999 | €39,398 | €57,033 | -€2,314 | €35,685 | ▲ 1,642% |
| Income taxes67/77 | €6,175 | €8,247 | €13,032 | €1,013 | €9,186 | ▲ 807% |
| Profit (loss) for the period9904 | €21,824 | €31,151 | €44,001 | -€3,327 | €26,499 | ▲ 896% |
| Profit (loss) for the period to be appropriated9905 | €21,824 | €31,151 | €44,001 | -€3,327 | €26,499 | ▲ 896% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €262,301 | €348,985 | €237,875 | €243,789 | €220,892 | ▼ 9.4% |
| Fixed assets21/28 | €28,043 | €65,257 | €78,504 | €83,939 | €82,095 | ▼ 2.2% |
| Intangible fixed assets21 | €20,811 | €36,357 | €49,396 | €60,561 | €70,761 | ▲ 16.8% |
| Tangible fixed assets22/27 | €7,232 | €24,400 | €22,358 | €16,627 | €4,584 | ▼ 72.4% |
| Land and buildings22 | - | €7,870 | €7,012 | €6,155 | - | - |
| Plant, machinery and equipment23 | €7,232 | €16,530 | €15,346 | €10,473 | €4,584 | ▼ 56.2% |
| Financial fixed assets28 | - | €4,500 | €6,750 | €6,750 | €6,750 | = |
| Current assets29/58 | €234,258 | €283,728 | €159,371 | €159,850 | €138,797 | ▼ 13.2% |
| Stocks and contracts in progress3 | €10,465 | €22,453 | €11,367 | €29,842 | €10,655 | ▼ 64.3% |
| Stocks30/36 | €10,465 | €22,453 | €11,367 | €29,842 | €10,655 | ▼ 64.3% |
| Amounts receivable within one year40/41 | €171,767 | €254,372 | €124,608 | €117,759 | €121,866 | ▲ 3.5% |
| Trade receivables40 | €168,680 | €247,646 | €118,522 | €99,187 | €101,440 | ▲ 2.3% |
| Other amounts receivable41 | €3,087 | €6,726 | €6,086 | €18,572 | €20,425 | ▲ 10.0% |
| Cash at bank and in hand54/58 | €52,027 | €4,054 | €18,869 | €1,611 | €4,415 | ▲ 174% |
| Deferred charges and accrued income490/1 | - | €2,848 | €4,527 | €10,639 | €1,861 | ▼ 82.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €262,301 | €348,985 | €237,875 | €243,789 | €220,892 | ▼ 9.4% |
| Equity10/15 | €51,824 | €82,975 | €126,975 | €106,001 | €132,500 | ▲ 25.0% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €21,824 | €52,975 | €96,975 | €76,001 | €102,500 | ▲ 34.9% |
| Amounts payable17/49 | €210,477 | €266,010 | €110,899 | €137,788 | €88,392 | ▼ 35.8% |
| Amounts payable after more than one year17 | - | €9,904 | €6,304 | €2,615 | €424 | ▼ 83.8% |
| Financial debts170/4 | - | €9,904 | €6,304 | €2,615 | €424 | ▼ 83.8% |
| Amounts payable within one year42/48 | €210,477 | €256,106 | €104,596 | €130,274 | €77,641 | ▼ 40.4% |
| Current portion of amounts payable after more than one year42 | - | €3,515 | €3,601 | €3,688 | €2,192 | ▼ 40.6% |
| Financial debts43 | - | - | - | €30,000 | €17,000 | ▼ 43.3% |
| Credit institutions430/8 | - | - | - | €30,000 | €17,000 | ▼ 43.3% |
| Trade debts44 | €166,571 | €148,654 | €62,826 | €70,968 | €36,175 | ▼ 49.0% |
| Suppliers440/4 | €166,571 | €148,654 | €62,826 | €70,968 | €36,175 | ▼ 49.0% |
| Taxes, remuneration and social security45 | €31,406 | €38,098 | €38,169 | €25,618 | €22,274 | ▼ 13.1% |
| Taxes450/3 | €30,750 | €32,299 | €37,596 | €21,226 | €19,306 | ▼ 9.0% |
| Remuneration and social security454/9 | €656 | €5,799 | €573 | €4,391 | €2,968 | ▼ 32.4% |
| Other amounts payable47/48 | €12,500 | €65,839 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €4,898 | €10,328 | ▲ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,824 | €31,151 | €44,001 | -€3,327 | €26,499 | ▲ 896% |
| + Depreciation and write-downs630 | €4,435 | €6,416 | €10,336 | €12,565 | €12,173 | ▼ 3.1% |
| Operating cash flow (approximation) | €26,259 | €37,567 | €54,337 | €9,238 | €38,672 | ▲ 319% |
| Investment in fixed assets (approximation) | - | -€43,630 | -€23,583 | -€18,000 | -€10,329 | ▲ 42.6% |
| Change in cash | - | -€47,972 | €14,815 | -€17,259 | €2,804 | ▲ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
05-05
State Gazette act
Appointment: Anjala De Mey (non-statutory director)Power of attorney4 facts ▸
State Gazette act
Appointment: Anjala De Mey (non-statutory director)
Power of attorney4 facts ▸
- General meeting, 10-03-2026
- Director appointment, Anjala De Mey (non-statutory director)
- Power of attorney, Brian Declerck
- Other statement, Naam en hoedanighoid van de instrumonterende notaris, hetzij van do perso(o)n(en) bevoegd de rechispersoon ten aanzien van derden te vertegenwoordigen
2025
31-12
Financial
Back to profitnet €26,499
Net result €26,499 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€3,327
Net result drops to -€3,327, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €44,001 ▲41.3%
Operating result €59,712, net result €44,001, both a record.
31-12
Financial
Equity above €100,000Eq €126,975 ▲53%
3 profitable years in a row build equity to €126,975.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Anjala De Mey
CurrentNon-statutory director · since 01-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2020
Ground area
5,598 m²
Building footprint
1,976 m²
Volume, LiDAR
9,311 m³
Parcel 44013B0026/00P000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
REX work & safety
since 20202.307.862.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0026/00P000 | Flanders | 5,598 m² | 1 · 1,976 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Anjala De Mey |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 4,874 EUR awarded · 4,874 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,339 EUR | 2,339 EUR |
| 2023 | 1 | 945 EUR | 945 EUR |
| 2022 | 1 | 1,590 EUR | 1,590 EUR |
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Of 2,215 companies in sector 47711 we hold annual accounts for 888. 691 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753626652
Also
9925:BE0753626652
Registered
26-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.