REMO-WEST
ActiveSummary
REMO-WEST has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-156k) and a net result of €-178k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-30
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 1.04 in 2024; short-term debt: 138.6% and cash: 15% of total assets), and equity is negative.
Credit advice 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 · 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
-39.6%
Return on assets
-45.3%
Age of the figures
15 mo
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-156k
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-156k
2024 · €22k
2019: €252k
2020: €310k
2021: €344k
2022: €322k
2023: €157k
2024: €22k
2019 → 2025
Total assets
€393k▼ 3.7%
2024 · €407k
2019: €432k
2020: €464k
2021: €457k
2022: €391k
2023: €299k
2024: €407k
2019 → 2025
Net result
€-178k▼ 138%
2024 · €-75k
2019: €89k
2020: €58k
2021: €34k
2022: €-22k
2023: €-25k
2024: €-75k
2019 → 2025
Working capital
€-155k
2024 · €15k
2019: €265k
2020: €324k
2021: €364k
2022: €306k
2023: €143k
2024: €15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€344k-€322k▼ 6.3%€157k▼ 51.2%€22k▼ 85.9%€-156k
Operating result€44k-€-21k€-25k▼ 16.6%€-77k▼ 210%€-178k▼ 132%
Net result€34k-€-22k€-25k▼ 14.4%€-75k▼ 201%€-178k▼ 138%
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 stays negative: a loss of €178k in 2025 against €77k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €393k
Fixed assets
€4k ▼ 45.2%
Current assets
€389k ▼ 2.9%
Key figures and ratios
EBITDA
€-175k▼
2024 · €-74k
Cash flow
€-175k▼
2024 · €-72k
Solvency
-39.6%▼
2024 · 5.4%
Current ratio
0.71▼
2024 · 1.04
Quick ratio
0.71▼
2024 · 1.04
Debt to equity
-3.52▼
2024 · 17.41
ROA
-45.3%▼
2024 · -18.4%
Interest coverage
-131.77▼
2024 · -110.00
Debt
€548k▲
2024 · €385k
Debt ≤ 1 year
€544k▲
2024 · €385k
Income taxes
€263
Staff costs
€84k▼
2024 · €96k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€407k€393k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€882▼
Financial fixed assets28€680€405▼
Current assets29/58€400k€389k▼
Stocks and contracts in progress3€2k€4k▲
Stocks30/36€2k€4k▲
Amounts receivable within one year40/41€186k€320k▲
Trade receivables40€166k€229k▲
Other amounts receivable41€19k€91k▲
Cash at bank and in hand54/58€210k€59k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€407k€393k▼
Equity10/15€22k€-156k▼
Contributions10/11€19k€19k=
Reserves13€27k€27k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-24k€-202k▼
Amounts payable17/49€385k€548k▲
Amounts payable within one year42/48€385k€544k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€376k€518k▲
Suppliers440/4€376k€518k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€1k€567▼
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€5k€22k▲
Accrued charges and deferred income492/3€257€4k▲
Income statement
Code20242025
Non-recurring operating income76A€17k€0▼
Remuneration, social security and pensions62€96k€84k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€10k€13k▲
Gross operating margin9900€32k€-78k▼
Operating profit (loss)9901€-77k€-178k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€670€1k▲
Recurring financial charges65€670€1k▲
Profit (loss) for the period before taxes9903€-75k€-177k▼
Income taxes67/77-€263
Profit (loss) for the period9904€-75k€-178k▼
Profit (loss) for the period to be appropriated9905€-75k€-178k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-202k▼
Profit (loss) brought forward from the previous period14P€51k€-24k▼
Transfer from equity791/2€60k€0▼
Profit to be distributed694/7€60k€0▼
Return on contributions (dividend)694€60k€0▼
Social balance
Average headcount (FTE)90871.31.3=
The notes to these accounts (11 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
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
Financial
Weakest financial yearnet €-178k
Net result drops to €-178k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gistel · 1 establishment unit since 2008
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.
Kleine Konijnenboslaan 28470 GistelGround area
3,513 m²
Building footprint
567 m²
Volume, LiDAR
2,686 m³
Parcel 35005D0709/00K000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
REMO-WEST
since 20082.171.844.945
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005D0709/00K000 | Flanders | 3,513 m² | 1 · 567 m² | 6.6 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 398 EUR awarded · 398 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 398 EUR | 398 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGistel2.171.844.945
Similar companies · same sector, comparable size
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ALXAS
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Aardappelhandel Verhelst
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ABELLIO
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Of 141 companies in sector 46311 we hold annual accounts for 97. 30 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 (pre-2019)
Founded25-06-2008
Fiscal year end30-06
Activities, NACEBEL 2025
46311Wholesale trade
10391Manufacture of food products
46170Agents in the wholesale of food, beverages and tobacco
46216Wholesale of agricultural produce and animal feed, general range
46319Wholesale of fruit and vegetables, excluding potatoes
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.