Bankrupt · Opening faillissement (CBE)

AREXMO

BE0437965688

Rechtspersoon Private limited company 1 establishment

AREXMO is an events organiser in Anderlecht. Private Limited, started on 6 July 1989, 1 establishment.

Henri-Joseph Genessestraat 1, 1070 Anderlecht

Behind the company: GEORGES MERZ, STEPHANE MERZ.

Start date

6 July 1989

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 48 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

AREXMO from Anderlecht, company number BE0437965688, closed financial year 2023 with a result of € -67,372 after tax. For that financial year AREXMO recorded a gross margin of € 306,977 and equity of € -176,334. Compared with financial year 2022, the result moved from € -712 to € -67,372. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.

What it is worth Caution

€ -176,334

▼ € 67,372 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -67,372

▼ 9366 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 1,209

▼ 89% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -196,334.

People and assets in 2023

Full-time equivalents

5.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 350,169

▲ 28% vs 2022

€ 66,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 9,862

▲ 48% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 238,208

▲ 105% vs 2022

€ 93,693 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 220,599

▼ 17% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 54,321

▲ 28% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 172,253 € 294,941 € 306,977 ▲ 4%
Profit after taxes € -76,620 € -712 € -67,372 ▼ € 66,660
Equity € -108,251 € -108,962 € -176,334 ▼ € 67,372
Total debts € 420,983 € 460,791 € 531,657 ▲ 15%
Cash € 61,178 € 10,746 € 1,209 ▼ 89%
Retained profit € -128,251 € -128,962 € -196,334 ▼ € 67,372
Bank debt € 162,102 € 116,278 € 238,208 ▲ 105%
Balance sheet total € 312,732 € 351,829 € 355,324 ▲ 1%
Employees (FTE) 5.3 - 5.3

Key figures of AREXMO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to AREXMO?

What happened at AREXMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

AREXMO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 67,372. filed late Source: NBB ↗
  • STEPHANE MERZ became a director. NBB
  • GEORGES MERZ became a director. NBB
  • New establishment in Anderlecht. KBO
  • Start of the company according to the CBE. KBO

In short

From € 76,620 loss in 2021 to € 67,372 loss in 2023.

Paid € 2,207 in corporate taxes since 2021.

On average € 57,900 of value added per employee in 2023.

Management

GEORGES MERZ STEPHANE MERZ
AREXMO

Behind AREXMO are GEORGES MERZ and STEPHANE MERZ.

Directors

According to the 2023 annual accounts

GEORGES MERZ

Manager

since 1992

STEPHANE MERZ

Manager

since 1999

Establishments

Establishment units

Physical locations of this company

Registered office

Henri-Joseph Genessestraat 1

1070 Anderlecht

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0437.965.688
VAT number
BE 0437.965.688
Registered office
Henri-Joseph Genessestraat 1, 1070 Anderlecht
Names & denominations
AREXMO · Art on the Move - Expo on the Move
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
6 July 1989
Peppol
Active · Active since 25 Oct 2026
Activities · NACE

Organisatie van congressen en beurzen

Overige activiteiten i.v.m. de organisatie van het vrachtvervoer

Opsporings- en particuliere beveiligingsdiensten

Logistieke diensten

Bewakingsbedrijven en beveiligingsdiensten

Particuliere beveiliging

Overige vervoerondersteunende activiteiten

Frequently asked questions

What does AREXMO do?
AREXMO is an events organiser in Anderlecht. Private Limited, started on 6 July 1989, 1 establishment.
What is the address of AREXMO?
The registered office of AREXMO is located at Henri-Joseph Genessestraat 1, 1070 Anderlecht.
Is AREXMO still active?
No. The CBE lists AREXMO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is AREXMO registered on Peppol?
Yes, AREXMO is registered on the Peppol network with ID 0208:0437965688.
What is the enterprise number of AREXMO?
The enterprise number of AREXMO is BE0437965688.
When was AREXMO founded?
AREXMO was founded on 6 July 1989.