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REHEM

Active Public limited companyfounded 1997active for 29 yearsLijsterbesdreef 13, 9040 GhentKBO/BCE: BE 0460.941.129

Lifetime

19 annual accounts with figures on one time axis, 28 filings since 1998
peak €199,237 (2022)
€39,372▼ 4.5%
lowest -€108,670 (2020)
€1,241▼ 80.6%
peak €261,674 (2025)
€261,674▲ 0.5%
€379,061▼ 4.3%
Board3 names since 2022
2 directorsHemelsoet Ronny and 1 other
Documentsfilings and deeds
26-11-202566 days before the deadline
2025micro format
Result from €6,395 to €1,2412 directors appointed, 1 resignation, 2 reappointments 06-08

Key points

from the 2025 annual accounts

Turnover

≈ €86,000 estimated

The micro format states no turnover.

Filings

28 annual accounts since 1998
deadline200020102020

The last five annual accounts were filed 27 to 66 days before the end of the period.

Checked score

93
Excellent
Financially stronger than 42% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%highest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

63+1equity 38.5% of total assets
40-1short-term debt 29.6% · cash 2.2%
38-10return on assets 0.2%

Score breakdown

raises risk
Liquidity: current ratio 0.09, cash €14,885
lowers risk
Size: total assets €680,532
Legal form: public limited company
Figures for financial year 2025 (filed on 26-11-2025)
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 56% of them on solvency, 34% on liquidity, 33% on profitability and 47% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as REHEM has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of REHEM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for REHEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.09 (0.09 in 2024), below 1. Short-term debt is 29.6% and cash 2.2% of total assets. 61.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €680,532
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.09, cash €14,885
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
lowers risk · Figures for financial year 2025 (filed on 26-11-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-11-2025, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 days early
2024
43 days early
2023
27 days early
2022
47 days early
2021
53 days early
2020
45 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 15 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HR
Managing director
SC
Managing director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0460941129
2 directors appointed, 1 resignation, 2 reappointments Resignation: Hemelsoet Hubert · Reappointments: Hemelsoet Ronny and Schepens Carine · Appointments: Hemelsoet Ronny (managing director) and Schepens Carine (managing director) · General meeting of 18-06-2025 · Gazette deed
First establishment REHEM / Roca Beheer, Lijsterbesdreef 13, Ghent
Incorporation published on 05-07-1997 · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
REHEM Ghent €680,532 €39,372 38.5% -
LorCo Invest Antwerp €668,493 €46,969 46.7% 0
PISTAR Arlon €513,388 €42,845 37.0% -
RNP Services Zele €410,484 €39,647 64.2% -
QUINTESSENCE Lummen €682,032 €57,171 37.0% -
SCANDINAVIAN FINANCIAL SERVICES Zaventem €542,398 €44,519 51.4% -
IMMO FELIX Halen €544,534 €59,089 37.4% -

These companies have the same main activity as REHEM: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €410,000 and €682,000, founded between 1990 and 1998.

Official details

Source: KBO
Status
Active since 26-06-1997Normal situation
Activity
Property management for co-owned buildings (syndics)NACE 68321and 2 others
Establishment unit
2.082.938.4089040 Ghent, since 11-08-1997
Financial year end
30 June
Peppol
Reachable since 24-11-2025
Company details

Annual accounts to 30-06-2025

€680,532▼ 2.5%
Filing
Filed on 26-11-2025, 66 days before the end of the filing period
Financials

Insights on REHEM

REHEM files the micro format. That format states no turnover. The gross margin rose from €8,810 in 2007 to €39,372 in 2025.

The balance sheet grew most from 2008 to 2009 through fixed assets.

In August 2025, the Official Gazette published the appointment of Hemelsoet Ronny as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about REHEM

What is the company number of REHEM?
The company number of REHEM is 0460.941.129. The VAT number is the same number with BE in front: BE 0460.941.129.
Where is REHEM based?
The registered office is at Lijsterbesdreef 13, 9040 Ghent.Company details
What does REHEM do?
According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
What is the legal form of REHEM?
REHEM is a public limited company (NV).
When was REHEM founded?
REHEM was founded on 26-06-1997.
Is REHEM still active?
Yes, REHEM is an active enterprise in the KBO register.
What is the turnover of REHEM?
The turnover in financial year 2025 is ≈ €86,000. This figure is estimated from the gross margin of €39,372 and 32 comparable companies (NACE 683). It probably lies between €59,000 and €150,000.Financials
Is REHEM profitable?
In financial year 2025, REHEM made a profit of €1,241.
Where can I find the annual accounts of REHEM?
REHEM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of REHEM due?
REHEM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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