Financials
- Financial year
- 2024
- Total assets
- €33,594
- Loss
- -€5,216
- Solvency
- 31.6%
Turnover▼ 34.8%
Net result
20182019
TOREX
ActiveSummary
The computed 12-month bankruptcy probability of TOREX is 3.9% (moderate). The 2024 annual accounts show equity of €10,609 and a net result of -€5,216. Equity is shrinking by about 2.9% per year across the filed financial years. Its solvency ranks better than 49% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€33,594total assets 2024
- Equity
- €10,609
- Loss
- -€5,216
Turnover not published (micro format)
Structure
2025 accounts not filed, 88 days past the deadline
Why 47raises riskFigures for financial year 2024 (filed 25-09-2025)Ex-officio strike-off in the KBOLoss of €5,216, the second in a row (financial year 2024)lowers riskFounded in 1988Show the evidence
Checked score
Score 2024
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency
57-8
equity 31.6% of total assets
Liquidity
41-20
short-term debt 68.4% · cash 21.9%
Profitability
0-27
return on assets -15.5%
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.8%
12-2024: 3.8%● unchanged vs 11-2024
01-2025: 3.8%● unchanged vs 12-2024
02-2025: 3.8%● unchanged vs 01-2025
03-2025: 3.8%● unchanged vs 02-2025
04-2025: 3.8%● unchanged vs 03-2025
05-2025: 7.0%▲ +3.2 percentage points vs 04-2025highest value
06-2025: 7.0%● unchanged vs 05-2025highest value
07-2025: 7.0%● unchanged vs 06-2025highest value
08-2025: 7.0%● unchanged vs 07-2025highest value
09-2025: 7.0%● unchanged vs 08-2025highest value
10-2025: 2.2%▼ -4.8 percentage points vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.1%▼ -0.1 percentage points vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026lowest value
07-2026: 2.2%▲ +0.1 percentage points vs 06-2026
08-2026: 3.0%▲ +0.8 percentage points vs 07-2026
09-2026: 3.1%▲ +0.1 percentage points vs 08-2026
10-2026: 3.9%▲ +0.8 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.46, compared with 1.67 in 2023, below the usual 1.5; short-term debt: 68.4% and cash: 21.9% of total assets), and 68.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 47% on solvency, 39% on liquidity, 6% on profitability and 15% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Eight signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
1819222324
2018 to 2024 · latest year -€5,216
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 55 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
55 days late
2023
420 days late
2022
786 days late
2019
120 days late
2018
31 days late
2017
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 240 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
- Strikeout withdrawnKBO administration
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 37
- Since
- 1990
- 24-09-2025Annual accounts filed
- 01-04-2025Late accounts filing
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 05-05-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about TOREX
- What is the company number of TOREX?
- 0434.195.952. In Belgium the VAT number is the company 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?
- Private limited company (pre-2019) (BVBA).
- When was TOREX 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?
- €26,256 in financial year 2019, according to the filed annual accounts.Financials
- Is TOREX profitable?
- In financial year 2024, TOREX made a loss of €5,216.
- Where can I find the annual accounts of TOREX?
- TOREX filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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