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TOREX

Active Private limited company (pre-2019)founded 1988active for 38 yearsSint-Annalaan 49, 1853 GrimbergenKBO/BCE: BE 0434.195.952

Lifetime

15 annual accounts with figures on one time axis, 34 filings since 1989
peak €19,697 (2010)
€3,680▲ €8,117
lowest -€5,216 (2024)
€2,640▲ €7,856
peak €18,544 (2016)
€13,249▲ 24.9%
€25,177▲ 9.5%
Documentsfilings and deeds
31-10-202692 days late
2025micro format
Accounts not filed 01-04Gross margin from -€4,436 to €3,680Back to profit: €2,640Strikeout withdrawn 10-10Equity from €10,609 to €13,249Cash from €7,370 to €19,976

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Filings

34 annual accounts 92 days
AprilJune31 JulyOctober1990200020102020

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as TOREX has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for TOREX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0434195952
Strikeout withdrawn KBO administration
Accounts not filed effective 19-03-2025 · KBO administration
First establishment Sint-Annalaan 49, Grimbergen
All 44 events

Comparable companies

same main activity, similar in size and age
Company
TOREX Grimbergen €38,426 €3,680 34.5% -
Mega Fashions Ostend €30,111 €4,804 8.5% -
A.E.B. Pont-à-Celles €52,845 €2,709 19.1% -
SITAR Anderlecht €46,804 €4,897 100.0% -
HET OCHTENDGLOREN Antwerp €30,990 €6,474 26.9% -
SN Mechelen €26,874 €3,358 -135.0% -
NIBEL Anderlecht €21,197 €4,841 8.0% -

These companies have the same main activity as TOREX: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €21,200 and €52,800, founded between 1989 and 1997.

Official details

Source: KBO
Status
Active since 05-05-1988Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 1 other
Establishment unit
2.038.203.4911853 Grimbergen, since 20-05-1988
Financial year end
31 December
Peppol
Reachable since 17-01-2026
Company details

Annual accounts 2025

€38,426▲ 14.4%
Filing
Filed on 31-10-2026
Financials

Insights on TOREX

TOREX files the micro format. That format states no turnover. The gross margin fell from €11,761 in 2009 to €3,680 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TOREX

What is the company number of TOREX?
The company number of TOREX is 0434.195.952. The VAT number is the same number with BE in front: BE 0434.195.952.
Where is TOREX based?
The registered office is at Sint-Annalaan 49, 1853 Grimbergen.Company details
What does TOREX do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of TOREX?
TOREX is a private limited company (pre-2019) (BVBA).
When was TOREX founded?
TOREX was founded on 05-05-1988.
Is TOREX still active?
Yes, TOREX is an active enterprise in the KBO register.
What is the turnover of TOREX?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €3,680 and 301 comparable companies (NACE 47110). It probably lies between €55,000 and €190,000. It is a rough estimate. In financial year 2019 turnover was €26,256.Financials
Is TOREX profitable?
In financial year 2025, TOREX made a profit of €2,640.
Where can I find the annual accounts of TOREX?
TOREX filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOREX due?
TOREX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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