TREXIM
ActiveSummary
TREXIM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of -€28,608. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-34
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 11.08 against 11.25 in 2024; short-term debt: 8.8% and cash: 17.7% of total assets), and 8.8% of the assets are financed with debt.
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Signals
Five 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 · 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
Wholesale trade (NACE 46)
about 21% 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
91.2%
Return on assets
-1.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 10 filingsDeviation from the deadline
2025
38 d late
2024
25 d late
2023
12 d late
2022
25 d late
2021
12 d late
2020
10 d late
2019
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 25 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€28,608
2024 · €25,218
Working capital
€1.6m▼ 0.3%
2024 · €1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€207,132▲ 68.0%€497,434▲ 140%€361,172▼ 27.4%€41,937▼ 88.4%-€17,974
Net result€144,560within the sector's middle half▲ 43.6%€394,158above the sector's middle half▲ 173%€247,246above the sector's middle half▼ 37.3%€25,218within the sector's middle half▼ 89.8%-€28,608below the sector's middle half
Equity€1.1mabove the sector's middle half▲ 14.3%€1.4mabove the sector's middle half▲ 33.1%€1.6mabove the sector's middle half▲ 15.7%€1.6mabove the sector's middle half▲ 0.8%€1.6mwithin the sector's middle half▼ 1.7%
Total assets€2.2mwithin the sector's middle half▲ 36.4%€2.9mabove the sector's middle half▲ 33.2%€2.4mwithin the sector's middle half▼ 18.5%€1.8mwithin the sector's middle half▼ 23.6%€1.8mwithin the sector's middle half▼ 2.4%
Debt€1.1m▲ 66.8%€1.5m▲ 32.9%€735,392▼ 51.0%€157,625▼ 78.6%€156,455▼ 0.7%
Working capital€1.1mabove the sector's middle half▲ 16.3%€1.5mabove the sector's middle half▲ 34.6%€1.7mabove the sector's middle half▲ 16.1%€1.6mabove the sector's middle half▼ 9.2%€1.6mwithin the sector's middle half▼ 0.3%
Solvency48.4%within the sector's middle half▼ 9.4pp48.3%within the sector's middle half=68.6%above the sector's middle half▲ 20.3pp90.6%above the sector's middle half▲ 22.0pp91.2%above the sector's middle half▲ 0.6pp
Current ratio2.29within the sector's middle half▼ 1.152.20within the sector's middle half▼ 0.094.42above the sector's middle half▲ 2.2211.25above the sector's middle half▲ 6.8311.08above the sector's middle half▼ 0.18
Return on assets (ROA)6.6%within the sector's middle half▲ 0.3pp13.5%above the sector's middle half▲ 6.9pp10.4%within the sector's middle half▼ 3.1pp1.4%within the sector's middle half▼ 9.0pp-1.6%below the sector's middle half▼ 3.0pp
Staff (FTE)2.3within the sector's middle half▼ 34.3%2within the sector's middle half▼ 13.0%2.3within the sector's middle half▲ 15.0%3within the sector's middle half▲ 30.4%3below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17,974 after €41,937 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€43,586 ▼ 48.3%
Current assets
€1.7m ▼ 0.2%
Equity and liabilities €1.8m
Equity
€1.6m ▼ 1.7%
Provisions
€0 ▼ 100%
Debt
€156,455 ▼ 0.7%
Debt's share of the balance-sheet total rises from 8.7% to 8.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€26,140▼
2024 · €90,744
Cash flow
€15,507▼
2024 · €74,025
Quick ratio
8.08▼
2024 · 8.67
Debt to equity
0.10▲
2024 · 0.10
ROE
-1.8%▼
2024 · 1.5%
Interest coverage
0.60▼
2024 · 4.29
Debt ≤ 1 year
€156,455▲
2024 · €154,292
Debt > 1 year
€0▼
2024 · €3,333
Income taxes
€2,871▼
2024 · €12,521
Staff costs
€233,977▲
2024 · €210,197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 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% | 1.9% |
| 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 12,321 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 | €145,309 | €133,194 | €160,276 | €210,197 | €233,977 | ▲ 11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,592 | €51,477 | €50,834 | €48,807 | €44,115 | ▼ 9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5,000 | €5,000 | - | - | €4,377 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€4,000 | €1,000 | €1,000 | €1,000 | -€10,000 | ▼ 1,100% |
| Other operating charges640/8 | €6,086 | €6,063 | €6,499 | €7,182 | €7,037 | ▼ 2.0% |
| Gross operating margin9900 | €414,119 | €694,168 | €579,781 | €309,123 | €261,531 | ▼ 15.4% |
| Operating profit (loss)9901 | €207,132 | €497,434 | €361,172 | €41,937 | -€17,974 | ▼ 143% |
| Financial income75/76B | €13,422 | €152,469 | €28,572 | €16,959 | €35,520 | ▲ 109% |
| Recurring financial income75 | €13,422 | €152,469 | €28,572 | €16,959 | €33,034 | ▲ 94.8% |
| Non-recurring financial income76B | - | - | - | - | €2,486 | - |
| Financial charges65/66B | €33,546 | €80,497 | €38,598 | €21,157 | €43,283 | ▲ 105% |
| Recurring financial charges65 | €33,546 | €80,497 | €38,598 | €21,157 | €43,283 | ▲ 105% |
| Profit (loss) for the period before taxes9903 | €187,008 | €569,405 | €351,147 | €37,739 | -€25,737 | ▼ 168% |
| Income taxes67/77 | €42,448 | €175,247 | €103,901 | €12,521 | €2,871 | ▼ 77.1% |
| Profit (loss) for the period9904 | €144,560 | €394,158 | €247,246 | €25,218 | -€28,608 | ▼ 213% |
| Profit (loss) for the period to be appropriated9905 | €144,560 | €394,158 | €247,246 | €25,218 | -€28,608 | ▼ 213% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.9m | €2.4m | €1.8m | €1.8m | ▼ 2.4% |
| Fixed assets21/28 | €218,677 | €173,058 | €131,258 | €84,251 | €43,586 | ▼ 48.3% |
| Tangible fixed assets22/27 | €218,677 | €173,058 | €131,258 | €84,251 | €43,586 | ▼ 48.3% |
| Land and buildings22 | €174,571 | €139,570 | €104,569 | €69,568 | €34,567 | ▼ 50.3% |
| Plant, machinery and equipment23 | €9,931 | €12,465 | €10,429 | €6,655 | €6,035 | ▼ 9.3% |
| Furniture and vehicles24 | €30,271 | €17,901 | €13,919 | €6,467 | €2,204 | ▼ 65.9% |
| Other tangible fixed assets26 | €3,903 | €3,123 | €2,342 | €1,561 | €781 | ▼ 50.0% |
| Current assets29/58 | €2.0m | €2.8m | €2.3m | €1.7m | €1.7m | ▼ 0.2% |
| Stocks and contracts in progress3 | €866,921 | €1.3m | €433,332 | €398,318 | €469,397 | ▲ 17.8% |
| Stocks30/36 | €866,921 | €1.3m | €433,332 | €398,318 | €469,397 | ▲ 17.8% |
| Amounts receivable within one year40/41 | €1.0m | €1.3m | €973,919 | €775,401 | €524,337 | ▼ 32.4% |
| Trade receivables40 | €909,138 | €1.2m | €893,945 | €643,227 | €380,490 | ▼ 40.8% |
| Other amounts receivable41 | €108,400 | €122,420 | €79,974 | €132,174 | €143,847 | ▲ 8.8% |
| Current investments50/53 | - | - | - | - | €400,000 | - |
| Cash at bank and in hand54/58 | €87,694 | €112,501 | €828,743 | €552,038 | €315,130 | ▼ 42.9% |
| Deferred charges and accrued income490/1 | €6,156 | €14,139 | €16,425 | €10,455 | €24,235 | ▲ 132% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.9m | €2.4m | €1.8m | €1.8m | ▼ 2.4% |
| Equity10/15 | €1.1m | €1.4m | €1.6m | €1.6m | €1.6m | ▼ 1.7% |
| Contributions10/11 | €320,000 | €320,000 | €320,000 | €320,000 | €320,000 | = |
| Capital10 | €320,000 | €320,000 | €320,000 | €320,000 | €320,000 | = |
| Issued capital100 | €320,000 | €320,000 | €320,000 | €320,000 | €320,000 | = |
| Reserves13 | €251,978 | €601,978 | €823,528 | €847,028 | €847,028 | = |
| Non-distributable reserves130/1 | €32,000 | €32,000 | €32,000 | €32,000 | €32,000 | = |
| Legal reserve130 | €32,000 | €32,000 | €32,000 | €32,000 | €32,000 | = |
| Distributable reserves133 | €219,978 | €569,978 | €791,528 | €815,028 | €815,028 | = |
| Profit (loss) carried forward14 | €490,304 | €491,662 | €491,757 | €481,810 | €453,202 | ▼ 5.9% |
| Provisions and deferred taxes16 | €6,000 | €12,000 | €13,000 | €14,000 | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | €6,000 | €12,000 | €13,000 | €14,000 | €0 | ▼ 100% |
| Major repairs and maintenance162 | €1,000 | €2,000 | €3,000 | €4,000 | €0 | ▼ 100% |
| Other liabilities and charges164/5 | €5,000 | €10,000 | €10,000 | €10,000 | €0 | ▼ 100% |
| Amounts payable17/49 | €1.1m | €1.5m | €735,392 | €157,625 | €156,455 | ▼ 0.7% |
| Amounts payable after more than one year17 | €263,333 | €243,333 | €223,333 | €3,333 | €0 | ▼ 100% |
| Financial debts170/4 | €63,333 | €43,333 | €23,333 | €3,333 | €0 | ▼ 100% |
| Other amounts payable178/9 | €200,000 | €200,000 | €200,000 | €0 | - | - |
| Amounts payable within one year42/48 | €862,549 | €1.3m | €509,279 | €154,292 | €156,455 | ▲ 1.4% |
| Current portion of amounts payable after more than one year42 | €20,000 | €20,000 | €20,000 | €20,000 | €3,333 | ▼ 83.3% |
| Financial debts43 | €447,514 | €435,084 | €35,007 | €5,059 | €5,039 | ▼ 0.4% |
| Credit institutions430/8 | €447,514 | €435,084 | €35,007 | €5,059 | €5,039 | ▼ 0.4% |
| Trade debts44 | €255,186 | €97,742 | €66,534 | €51,247 | €97,703 | ▲ 90.7% |
| Suppliers440/4 | €255,186 | €97,742 | €66,534 | €51,247 | €97,703 | ▲ 90.7% |
| Taxes, remuneration and social security45 | €56,416 | €179,181 | €158,275 | €50,965 | €47,120 | ▼ 7.5% |
| Taxes450/3 | €40,925 | €164,849 | €143,943 | €35,611 | €21,427 | ▼ 39.8% |
| Remuneration and social security454/9 | €15,491 | €14,332 | €14,332 | €15,354 | €25,694 | ▲ 67.3% |
| Other amounts payable47/48 | €83,432 | €518,842 | €229,463 | €27,021 | €3,260 | ▼ 87.9% |
| Accrued charges and deferred income492/3 | €2,822 | €5,987 | €2,781 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144,560 | €394,158 | €247,246 | €25,218 | -€28,608 | ▼ 213% |
| + Depreciation and write-downs630 | €54,592 | €51,477 | €50,834 | €48,807 | €44,115 | ▼ 9.6% |
| Operating cash flow (approximation) | €199,152 | €445,635 | €298,079 | €74,025 | €15,507 | ▼ 79.1% |
| Investment in fixed assets (approximation) | - | -€5,859 | -€9,034 | -€1,800 | -€3,450 | ▼ 91.7% |
| Change in cash | - | €24,807 | €716,242 | -€276,705 | -€236,908 | ▲ 14.4% |
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
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 38 days late
2025
31-12
Financial
Weakest financial yearnet -€28,608
Net result drops to -€28,608, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 11.25
Current ratio from 4.42 to 11.25; short-term debt falls from €509,279 to €154,292.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.42
Current ratio from 2.20 to 4.42; short-term debt falls from €1.3m to €509,279.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €394,158 ▲173%
Operating result €497,434, net result €394,158, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-12
Financial
Equity above €1mEq €1.1m ▲14.3%
4 profitable years in a row build equity to €1.1m.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 32 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Wommelgem · 1 establishment unit since 1996
Ground area
1,951 m²
Parcel 11052C0579/00E002, Flanders. Linked by address, not a title deed.
53
companies at this address
See who is registered here
1 establishment unit
TREXIM ETS. NV
since 19962.053.204.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0579/00E002 | Flanders | 1,951 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 900 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 900 EUR | 900 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteWommelgem2.053.204.443
Legal Entity Identifier
967600EFB9OO4JBZV727
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 450 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-05-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444247231
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.