Equity
€139,506 from €574,234 in 2014
Equity fell by 76% in 11 years.
REWISE
Lifetime
20 annual accounts with figures on one time axis, 40 filings since 1986peak €1.4m (2014)
€560,847▼ 12.6%
lowest -€2,474 (2025)
-€2,474▼ €11,567
peak €574,234 (2014)
€139,506▼ 1.7%
€651,782▼ 5.9%
peak 18.8 FTE (2022)
7.7 FTE▼ 23.8%
Board17 names since 2010all names
5 directorsVAESEN Henri and 4 others
Owners3 names in the annual accounts
18.7%FQ8 Audit & Management and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €641,714 to €560,847Loss of €2,474Staff from 10.1 FTE to 7.7 FTECash from €76,562 to €23,913
Key points
from the 2025 annual accountsDebts
€651,782 82% of the balance sheet
Financial debts 48%Suppliers 32%Taxes and wages 10%Other 10%
Of this, €448,319 falls due within a year.
Staff
7.7 FTE from 18.8 in 2022
Between 2022 and 2025, 59% of the full-time equivalents disappeared.
Filings
40 annual accounts since 1986
Two of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Board
2 joined · 3 left
Board changed. Latest change 17-03-2026 · 2 in office.
Position in the sector
-€2,474
Lower net result than 91% of companies in legal and accounting. Sector median €94,942 · 4,125 companies.
Checked score
78
Excellent
Financially stronger than 17% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest 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 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Equity €139,506 (17.6% of total assets)
Size: 7.7 FTE, total assets €791,289
Liquidity: current ratio 1.45, cash €23,913, halved
lowers risk
Sector: Legal and accounting activities (NACE 69)
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 69, micro). It does better than 21% of them on solvency, 6% on liquidity, 12% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 2,450 companies had the same profile as REWISE has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of REWISE itself: 0.5% 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.
| 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 2,450 companies, not a prediction for REWISE. 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 €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.45 (1.37 in 2024), below the usual 1.5. Short-term debt is 56.7% and cash 3% of total assets. 82.4% of the assets are financed with debt and provisions.
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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 risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 days late
2024
38 days early
2023
20 days late
2022
26 days early
2021
31 days early
2020
50 days early
2019
30 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 18 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COMPTADIGITALE 20%score 55equity €181,820 (2025) · 2025 annual accounts of COMPTADIGITALE
- FQ8 Audit & Management 18.7%score 93equity €96,427 (2026) · 31-03-2025 annual accounts of FQ8 Audit & Management
- FIDUCEL 16.71%score 85equity €1.3m (2025) · 2025 annual accounts of FIDUCEL
Shares in 1 company, BERIOT & PARTNERS
Board & ownershipRecent changes
2 directors appointed, 3 resignations
Resignations: Pascal CELEN, Henri VAESEN and Jean-François VANSPITAEL · Appointments: Jean-Philippe Thirion and Peter Verschelden (managing director) · Director discharge: Pascal CELEN · Board meeting of 14-08-2026 · Gazette deed
Dissolution
Liquidation closure: GOLDSTAR AW · Director discharge: Frédéric MAGNUS · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0428161463
Transfer: REWISE transfers a branch of activity to REWISE ACCOUNTANCY
Capital decrease of €8,755.84 · General meeting of 09-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REWISE Liège | €0.8m | €560,847 | 17.6% | 7.7 |
| 3R, Leboutte & C° Liège | €1.1m | €719,881 | 23.5% | 5.4 |
| Foederer Bedrijfsrevisoren Hasselt | €0.7m | €589,150 | 3.7% | 8.2 |
| ANDRE MARBAIX & CO La Louvière | €0.7m | €519,704 | 61.2% | 5.5 |
| LIBRA - AUDIT & ASSURANCE Ans | €0.8m | €821,753 | 14.9% | 7.4 |
| A&C - Bedrijfsrevisor Kruisem | €0.7m | €875,984 | 47.4% | 12.7 |
| Pierre SOHET & C° Namur | €1.4m | €656,202 | 35.3% | 6 |
These companies have the same main activity as REWISE: activities of company auditors (NACE 69203). They are comparable in size and age: total assets between €653,000 and €1.4m, founded between 1997 and 2006.
Official details
Source: KBO- Status
- Active since 16-12-1985Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Activities of company auditorsNACE 69203
- Establishment unit
- 2.201.756.5774020 Liège, since 16-12-1985
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2025
Annual accounts 2025
- ≈ €970,000estimated
- €791,289▼ 5.2%
- Employeeson 31-12-2025
- 7▼ 22.2%
- Filing
- Filed on 31-08-2026
Insights on REWISE
REWISE files the abbreviated format. That format states no turnover. The gross margin rose from €231,182 in 2006 to €560,847 in 2025.
In March 2026, three directors stepped down. In September 2026, the Official Gazette published the appointment of Peter VERSCHELDEN 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 REWISE
- What is the company number of REWISE?
- The company number of REWISE is 0428.161.463. The VAT number is the same number with BE in front: BE 0428.161.463.
- Where is REWISE based?
- The registered office is at Rue des Vennes 151, 4020 Liège.Company details
- What does REWISE do?
- According to the KBO register, the main activity is activities of company auditors (NACE 69203).
- What is the legal form of REWISE?
- REWISE is a private limited company (BV).
- When was REWISE founded?
- REWISE was founded on 16-12-1985.
- Is REWISE still active?
- Yes, REWISE is an active enterprise in the KBO register.
- How many employees does REWISE have?
- REWISE had an average of 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of REWISE?
- The turnover in financial year 2025 is ≈ €970,000. This figure is estimated from the gross margin of €560,847 and 40 comparable companies (NACE 692). It probably lies between €820,000 and €1.2m.
- Is REWISE profitable?
- In financial year 2025, REWISE made a loss of €2,474.
- Where can I find the annual accounts of REWISE?
- REWISE filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of REWISE due?
- REWISE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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