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 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GLOBAL REX from Oostkamp, company number BE0631731207, closed financial year 2025 with a result of € -423,318 after tax. For that financial year GLOBAL REX recorded a gross margin of € -24,689 and equity of € -456,025. Compared with financial year 2024, the result moved from € -64,490 to € -423,318. 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 July 27, 2026.
€ -456,025
▼ € 423,318 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -423,318
▼ 556 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,779
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -476,025.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 500,000
Loans from banks and other lenders, long and short.
€ 2,513
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,572
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,016 | € 2,572 | € 15,100 | € -24,689 | ▼ € 39,790 |
| Profit after taxes | € -12,060 | € -15,138 | € -64,490 | € -423,318 | ▼ € 358,828 |
| Equity | € 46,922 | € 31,784 | € -32,707 | € -456,025 | ▼ € 423,318 |
| Total debts | € 747 | € 1,207,328 | € 3,010,128 | € 2,926,590 | ▼ 3% |
| Cash | € 47,263 | € 20,054 | € 14,710 | € 13,779 | ▼ 6% |
| Retained profit | € 26,922 | € 11,784 | € -52,707 | € -476,025 | ▼ € 423,318 |
| Bank debt | € 0 | € 500,000 | € 500,000 | € 500,000 | |
| Balance sheet total | € 47,668 | € 1,239,112 | € 2,977,422 | € 2,470,565 | ▼ 17% |
Key figures of GLOBAL REX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GLOBAL REX?
What happened at GLOBAL REX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 423,318. Source: NBB ↗
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,060 loss in 2022 to € 423,318 loss in 2025.
Management
The stake of Global Merrill & Piedmont, FRINGLOOS, European Estate Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GLOBAL REXBehind GLOBAL REX are Laurens Steen and Luc Beke. The shares are held by Global Merrill & Piedmont (50%), FRINGLOOS (50%) and European Estate Management (30%). It owns 100% of Global Rex 3 and 100% of GLOBAL REX 2 itself.
Directors
According to the 2025 annual accounts
Laurens Steen
Director
Also active at: STEEN ELEKTRICITEIT, FRINGLOOS, NC&P, REX CONSTRUCTION, STEEN & VDK TECHNIEKEN, GLOBAL REX 2, SOFIE INVEST, LAPIS SOLAR +2 more
Luc Beke
Director
Also active at: Global Bazadaise, G.M.K. Entreprises, Alkove, Lanson Industries Plant I, Cellinvest, J2, Loppem Racing, GOEDE AARDE +67 more
Shareholders
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Kapellestraat 117
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Global Bazadaise same network
€ 1.9 million gross margin · 2025
SINT-JANSPARK
G.M.K. Entreprises same network
€ 37,185 gross margin · 2025
Cellinvest same network
€ 160,135 gross margin · 2025
J2 same network
€ -15,777 gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0631.731.207
- VAT number
- BE 0631.731.207
- Registered office
- Kapellestraat 117, 8020 Oostkamp
- Names & denominations
- GLOBAL REX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2015
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten