ANNEM
ActiveSummary
ANNEM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €7k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-5
Solvency48▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.19 in 2024; short-term debt: 76.7% and cash: 4% of total assets), and 76.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
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 14-09-2026, 45 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
45 d late
2024
13 d early
2023
49 d late
2022
41 d late
2021
2 d early
2020
23 d late
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€93k▲ 7.5%
2024 · €87k
2018: €51k
2019: €57k
2020: €63k
2021: €47k
2022: €46k
2023: €66k
2024: €87k
2018 → 2025
Total assets
€400k▲ 15.0%
2024 · €347k
2018: €130k
2019: €248k
2020: €213k
2021: €54k
2022: €52k
2023: €423k
2024: €347k
2018 → 2025
Net result
€7k▼ 68.3%
2024 · €21k
2018: €2k
2019: €6k
2020: €6k
2021: €-16k
2022: €-571
2023: €20k
2024: €21k
2018 → 2025
Working capital
€61k▲ 24.4%
2024 · €49k
2018: €30k
2019: €40k
2020: €55k
2021: €41k
2022: €43k
2023: €38k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€46k▼ 1.2%€66k▲ 43.0%€87k▲ 31.2%€93k▲ 7.5%
Operating result€-15k-€-481▲ 96.7%€21k€27k▲ 28.1%€10k▼ 60.7%
Net result€-16k-€-571▲ 96.5%€20k€21k▲ 3.6%€7k▼ 68.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €400k
Fixed assets
€32k ▼ 14.8%
Current assets
€368k ▲ 18.6%
Equity and liabilities €400k
Equity
€93k ▲ 7.5%
Debt
€306k ▲ 17.5%
Debt's share of the balance-sheet total rises from 75.1% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €33k
Cash flow
€13k▼
2024 · €27k
Current ratio
1.20▲
2024 · 1.19
Quick ratio
0.90▼
2024 · 1.03
Debt to equity
3.29▲
2024 · 3.01
ROE
7.0%▼
2024 · 23.8%
ROA
1.6%▼
2024 · 5.9%
Interest coverage
78.60▲
2024 · 72.73
Debt ≤ 1 year
€306k▲
2024 · €261k
Income taxes
€4k▼
2024 · €6k
Staff costs
€92k▼
2024 · €172k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€347k€400k▲
Fixed assets21/28€37k€32k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€19k€13k▼
Financial fixed assets28€18k€19k▲
Current assets29/58€310k€368k▲
Stocks and contracts in progress3€41k€93k▲
Stocks30/36€41k€93k▲
Amounts receivable within one year40/41€227k€259k▲
Trade receivables40€219k€236k▲
Other amounts receivable41€8k€22k▲
Cash at bank and in hand54/58€43k€16k▼
Equity and liabilities
Total equity and liabilities10/49€347k€400k▲
Equity10/15€87k€93k▲
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€75k€82k▲
Amounts payable17/49€261k€306k▲
Amounts payable within one year42/48€261k€306k▲
Trade debts44€156k€167k▲
Suppliers440/4€156k€167k▲
Advances received on contracts in progress46€67k€110k▲
Taxes, remuneration and social security45€25k€18k▼
Taxes450/3€6k€9k▲
Remuneration and social security454/9€19k€9k▼
Other amounts payable47/48€12k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€172k€92k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€5k€7k▲
Gross operating margin9900€210k€115k▼
Operating profit (loss)9901€27k€10k▼
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€448€209▼
Recurring financial charges65€448€209▼
Profit (loss) for the period before taxes9903€26k€10k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€21k€7k▼
Profit (loss) for the period to be appropriated9905€21k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€82k▲
Profit (loss) brought forward from the previous period14P€54k€75k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 45 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €21k ▲3.6%
Operating result €27k, net result €21k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
10-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 41 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-16k ▼361%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 6.32
Current ratio from 1.37 to 6.32; short-term debt falls from €150k to €8k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2007
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.
Georges Henrilaan 2751200 Sint-Lambrechts-WoluweGround area
4,684 m²
Building footprint
5,754 m²
Volume, LiDAR
31,422 m³
2 parcels, Brussels · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MAVI BONCUK
since 20072.166.148.273
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0805/00B006 | Brussels | 4,580 m² | 1 · 5,650 m² | 12.1 m · 2 fl. |
| 21673D0149/00T016 | Brussels | 104 m² | 1 · 104 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
HAPPY EXPERIENCE
BE 0750.589.166
Ukkel · Eq €86k
GRASLEI
BE 0474.217.459
Gent · Eq €87k
NANTAS
BE 0842.673.741
Harelbeke · Eq €88k
4-YOU FASHION
BE 0866.285.323
Ternat · Eq €89k
BELLO MONDO
BE 0464.178.652
Aartselaar · Eq €90k
Of 657 companies in sector 47715 we hold annual accounts for 187. 156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
14210Manufacture of outerwear
47715Retail trade
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.