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Vrimex Trading

Active
Private limited companyfounded 201610 yrs activeKachtemsestraat 111, 8870 Izegem, BelgiumKBO/BCE: BE 0657.940.211

Vrimex Trading has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €26k. Equity is shrinking by ~15% per year across the filed fiscal years. Its solvency ranks better than 40% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
67 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+15
Solvency47▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.21 in 2024; short-term debt: 21.2% and cash: 7.3% of total assets), and 77.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 47
higher
← 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 2025
Solvency, return and age of the figures
Solvency
22.4%
Return on assets
7.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €80k
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 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
31 d early
2024
15 d early
2023
69 d early
2022
18 d early
2021
29 d late
2020
31 d late
2019
145 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€80k▲ 49.4%
2024 · €53k
2018: €127k 2019: €98k 2020: €110k 2021: €56k 2022: €45k 2023: €31k 2024: €53k
2018 → 2025
Total assets
€355k▼ 1.4%
2024 · €360k
2018: €317k 2019: €163k 2020: €161k 2021: €91k 2022: €419k 2023: €369k 2024: €360k
2018 → 2025
Net result
€26k▲ 68.7%
2024 · €16k
2018: €-34k 2019: €-29k 2020: €12k 2021: €-53k 2022: €-11k 2023: €-14k 2024: €16k
2018 → 2025
Working capital
€-47k▲ 49.3%
2024 · €-93k
2018: €119k 2019: €77k 2020: €86k 2021: €33k 2022: €-88k 2023: €-92k 2024: €-93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€56k-€45k▼ 20.2%€31k▼ 30.2%€53k▲ 69.3%€80k▲ 49.4%
Operating result€-41k-€-10k▲ 74.8%€-8k▲ 23.8%€24k€38k▲ 59.5%
Net result€-53k-€-11k▲ 78.6%€-14k▼ 19.6%€16k€26k▲ 68.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-75k€-50k€-25k€0€25k€50kOperating result 2021: €-41k€-41kNet result 2021: €-53k€-53kOperating result 2022: €-10k€-10kNet result 2022: €-11k€-11kOperating result 2023: €-8k€-8kNet result 2023: €-14k€-14kOperating result 2024: €24k€24kNet result 2024: €16k€16kOperating result 2025: €38k€38kNet result 2025: €26k€26k20212022202320242025
The operating result has risen four years in a row; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €355k
Fixed assets €327k▼ 2.4%
Current assets €28k▲ 11.4%
Equity and liabilities €355k
Equity €80k▲ 49.4%
Debt €275k▼ 10.2%
The debt ratio falls from 85.2% to 77.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€46k
2024 · €32k
Cash flow
€34k
2024 · €24k
Solvency
22.4%
2024 · 14.8%
Current ratio
0.37
2024 · 0.21
Quick ratio
0.37
2024 · 0.21
Debt / equity
3.46
2024 · 5.75
ROE
33.1%
2024 · 29.3%
ROA
7.4%
2024 · 4.3%
Interest coverage
5.24
2024 · 3.94
Debt
€275k
2024 · €306k
Debt ≤ 1 year
€75k
2024 · €118k
Debt > 1 year
€200k
2024 · €188k
Income taxes
€3k
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€360k€355k
Fixed assets21/28€335k€327k
Tangible fixed assets22/27€335k€327k
Land and buildings22€335k€327k
Current assets29/58€25k€28k
Amounts receivable within one year40/41€1k€120
Trade receivables40€1k€120
Current investments50/53€0-
Cash at bank and in hand54/58€22k€26k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€360k€355k
Equity10/15€53k€80k
Contributions10/11€19k€19k=
Reserves13€35k€61k
Distributable reserves133€35k€61k
Amounts payable17/49€306k€275k
Amounts payable after more than one year17€188k€200k
Financial debts170/4€158k€147k
Other amounts payable178/9€30k€53k
Amounts payable within one year42/48€118k€75k
Current portion of amounts payable after more than one year42€11k€11k
Trade debts44€1k€8k
Suppliers440/4€1k€8k
Taxes, remuneration and social security45€11k€8k
Taxes450/3€11k€8k
Other amounts payable47/48€95k€47k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€0
Other operating charges640/8€2k€2k
Gross operating margin9900€40k€47k
Operating profit (loss)9901€24k€38k
Financial income75/76B€1€0
Recurring financial income75€1€0
Financial charges65/66B€8k€9k
Recurring financial charges65€8k€9k
Profit (loss) for the period before taxes9903€16k€29k
Income taxes67/77-€3k
Profit (loss) for the period9904€16k€26k
Profit (loss) for the period to be appropriated9905€16k€26k
Appropriation of the result
Profit (loss) to be appropriated9906€16k€26k
Transfer from equity791/2€0-
Transfer to equity691/2€16k€26k
To other reserves6921€16k€26k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €26k ▲68.7%
Operating result €38k, net result €26k, both a record.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €16k
Net result €16k after 3 loss-making years.
23-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Weakest financial yearnet €-53k ▼559%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Back to profitnet €12k
Net result €12k after 2 loss-making years.
31-12
Financial Equity above €100kEq €110k ▲11.8%
Equity rises from €98k to €110k.
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
04-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 370 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 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, Izegem · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Kachtemsestraat 1118870 Izegem
Ground area
4,783 m²
Building footprint
2,920 m²
Volume, LiDAR
17,965 m³
Parcel 36009A0406/00F002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VRIMEX TRADING
Kachtemsestraat 111, 8870 IzegemManufacture of textiles
since 20162.256.469.131
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36009A0406/00F002 Flanders 4,783 m² 1 · 2,920 m² 8.8 m · 2 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.

Similar companies · same sector, comparable size

Of 2,211 companies in sector 47711 we hold annual accounts for 889. 708 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-07-2016
Fiscal year end31-12
Activities, NACEBEL
47251Retail sale of wines and spirits
47711Retail sale of women's outerwear
14130Manufacture of wearing apparel
14210Manufacture of outerwear
47715Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.