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T-REXIMO

Active
Private limited companyfounded 2024active for 2 yearsJoseph Wautersstraat 19, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1014.632.371
Summary

The computed 12-month bankruptcy probability of T-REXIMO is 2.6% (moderate). The 2025 annual accounts show negative equity (-€74,395) and a net result of -€79,395. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (54 days) Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525083.

Equity
-€74,395
Total assets
€550,673
Net result
-€79,395
Working capital
-€41,385

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €550,673
Fixed assets €539,371
Current assets €11,302
Equity and liabilities
Equity-€74,395
Debt€625,068
Equity is negative: debt (€625,068) exceeds the balance-sheet total (€550,673).
Key figures and ratios
2025 value
EBITDA
€28,417
Cash flow
€27,228
Solvency
-13.5%
Current ratio
0.21
ROA
-14.4%
Interest coverage
23.89
Debt
€625,068
Debt ≤ 1 year
€52,687
Debt > 1 year
€569,452
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 88.8% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
6.7% went bankrupt
3.9% stopped otherwise
88.8% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 490 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€550,673
Fixed assets21/28€539,371
Tangible fixed assets22/27€539,371
Land and buildings22€536,634
Plant, machinery and equipment23€2,737
Current assets29/58€11,302
Amounts receivable within one year40/41€5,793
Trade receivables40€1,633
Other amounts receivable41€4,160
Current investments50/53€3,379
Deferred charges and accrued income490/1€2,130
Equity and liabilities
Total equity and liabilities10/49€550,673
Equity10/15-€74,395
Contributions10/11€5,000
Profit (loss) carried forward14-€79,395
Amounts payable17/49€625,068
Amounts payable after more than one year17€569,452
Financial debts170/4€569,452
Amounts payable within one year42/48€52,687
Current portion of amounts payable after more than one year42€50,185
Trade debts44€2,502
Suppliers440/4€2,502
Accrued charges and deferred income492/3€2,929
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106,623
Other operating charges640/8€3,021
Gross operating margin9900€31,438
Operating profit (loss)9901-€78,205
Financial charges65/66B€1,190
Recurring financial charges65€1,190
Profit (loss) for the period before taxes9903-€79,395
Profit (loss) for the period9904-€79,395
Profit (loss) for the period to be appropriated9905-€79,395
Appropriation of the result
Profit (loss) to be appropriated9906-€79,395

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106,623
Other operating charges640/8€3,021
Gross operating margin9900€31,438
Operating profit (loss)9901-€78,205
Financial charges65/66B€1,190
Recurring financial charges65€1,190
Profit (loss) for the period before taxes9903-€79,395
Profit (loss) for the period9904-€79,395
Profit (loss) for the period to be appropriated9905-€79,395
Line2025
Assets
Total assets20/58€550,673
Fixed assets21/28€539,371
Tangible fixed assets22/27€539,371
Land and buildings22€536,634
Plant, machinery and equipment23€2,737
Current assets29/58€11,302
Amounts receivable within one year40/41€5,793
Trade receivables40€1,633
Other amounts receivable41€4,160
Current investments50/53€3,379
Deferred charges and accrued income490/1€2,130
Equity and liabilities
Total equity and liabilities10/49€550,673
Equity10/15-€74,395
Contributions10/11€5,000
Profit (loss) carried forward14-€79,395
Amounts payable17/49€625,068
Amounts payable after more than one year17€569,452
Financial debts170/4€569,452
Amounts payable within one year42/48€52,687
Current portion of amounts payable after more than one year42€50,185
Trade debts44€2,502
Suppliers440/4€2,502
Accrued charges and deferred income492/3€2,929
Line2025
Profit (loss) for the period9904-€79,395
+ Depreciation and write-downs630€106,623
Operating cash flow (approximation)€27,228

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-09-2026 2026-00525083

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.