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R&E DESIGN

Dissolution or liquidation
Private limited companyfounded 2020KBO/BCE: BE 0757.960.275
Summary

The KBO register records for R&E DESIGN the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €158,849 and a net result of €105,615.

R&E DESIGNDissolution or liquidation

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d late
2021
235 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 132 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 10 November 2020, R&E DESIGN was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

Financials · fiscal year 2022, micro schema

Equity
€158,849▲ 218%
2021 · €49,922
Total assets
€215,432▲ 73.2%
2021 · €124,418
Net result
€105,615▲ 62.7%
2021 · €64,922
Working capital
€158,021▲ 221%
2021 · €49,203
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022
Operating result€75,957-€114,349▲ 50.5%
Net result€64,922-€105,615▲ 62.7%
Equity€49,922-€158,849▲ 218%
Total assets€124,418-€215,432▲ 73.2%
Debt€74,496-€56,583▼ 24.0%
Working capital€49,203-€158,021▲ 221%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €75,957€75,957Net result 2021: €64,922€64,922Operating result 2022: €114,349€114,349Net result 2022: €105,615€105,61520212022€0€50,000€100,000Operating result 2021: €75,957€76,000Net result 2021: €64,922€64,900Operating result 2022: €114,349€114,000Net result 2022: €105,615€106,00020212022
The operating result rises in 2022; 2022 is 51% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €215,432
Fixed assets €828 ▲ 15.2%
Current assets €214,604 ▲ 73.5%
Equity and liabilities €215,432
Equity €158,849 ▲ 218%
Debt €56,583 ▼ 24.0%
Debt's share of the balance-sheet total falls from 59.9% to 26.3%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€115,605▲
2021 · €77,337
Cash flow
€106,872▲
2021 · €66,302
Current ratio
3.79▲
2021 · 1.66
Debt to equity
0.36▼
2021 · 1.49
ROE
66.5%▼
2021 · 130.0%
ROA
49.0%▼
2021 · 52.2%
Interest coverage
10.71▼
2021 · 2209.63
Debt ≤ 1 year
€56,583▼
2021 · €74,496
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet Code20212022
Assets
Total assets20/58€124,418€215,432▲
Fixed assets21/28€719€828▲
Tangible fixed assets22/27€719€828▲
Furniture and vehicles24€719€828▲
Current assets29/58€123,699€214,604▲
Amounts receivable within one year40/41€105,928€186,269▲
Trade receivables40€66,676€107,409▲
Other amounts receivable41€39,252€78,861▲
Cash at bank and in hand54/58€17,771€28,335▲
Equity and liabilities
Total equity and liabilities10/49€124,418€215,432▲
Equity10/15€49,922€158,849▲
Contributions10/11€5,000€5,000=
Capital10-€5,000
Issued capital100-€5,000
Profit (loss) carried forward14€44,922€153,849▲
Amounts payable17/49€74,496€56,583▼
Amounts payable within one year42/48€74,496€56,583▼
Trade debts44€43,496€45,583▲
Suppliers440/4€43,496€45,583▲
Taxes, remuneration and social security45€11,000€11,000=
Taxes450/3€11,000€11,000=
Other amounts payable47/48€20,000-
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,380€1,256▼
Other operating charges640/8€1,810€7,009▲
Gross operating margin9900€79,147€122,615▲
Operating profit (loss)9901€75,957€114,349▲
Financial income75/76B-€2,064
Recurring financial income75-€2,064
Financial charges65/66B€35€10,798▲
Recurring financial charges65€35€10,798▲
Profit (loss) for the period before taxes9903€75,922€105,615▲
Income taxes67/77€11,000-
Profit (loss) for the period9904€64,922€105,615▲
Profit (loss) for the period to be appropriated9905€64,922€105,615▲
Appropriation of the result
Profit (loss) to be appropriated9906€64,922€153,849▲
Profit (loss) brought forward from the previous period14P-€48,234
Profit to be distributed694/7€20,000-
Directors or managers695€20,000-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,380€1,256▼ 9.0%
Other operating charges640/8€1,810€7,009▲ 287%
Gross operating margin9900€79,147€122,615▲ 54.9%
Operating profit (loss)9901€75,957€114,349▲ 50.5%
Financial income75/76B-€2,064-
Recurring financial income75-€2,064-
Financial charges65/66B€35€10,798▲ 30,750%
Recurring financial charges65€35€10,798▲ 30,750%
Profit (loss) for the period before taxes9903€75,922€105,615▲ 39.1%
Income taxes67/77€11,000--
Profit (loss) for the period9904€64,922€105,615▲ 62.7%
Profit (loss) for the period to be appropriated9905€64,922€105,615▲ 62.7%
Line20212022Change
Assets
Total assets20/58€124,418€215,432▲ 73.2%
Fixed assets21/28€719€828▲ 15.2%
Tangible fixed assets22/27€719€828▲ 15.2%
Furniture and vehicles24€719€828▲ 15.2%
Current assets29/58€123,699€214,604▲ 73.5%
Amounts receivable within one year40/41€105,928€186,269▲ 75.8%
Trade receivables40€66,676€107,409▲ 61.1%
Other amounts receivable41€39,252€78,861▲ 101%
Cash at bank and in hand54/58€17,771€28,335▲ 59.4%
Equity and liabilities
Total equity and liabilities10/49€124,418€215,432▲ 73.2%
Equity10/15€49,922€158,849▲ 218%
Contributions10/11€5,000€5,000=
Capital10-€5,000-
Issued capital100-€5,000-
Profit (loss) carried forward14€44,922€153,849▲ 242%
Amounts payable17/49€74,496€56,583▼ 24.0%
Amounts payable within one year42/48€74,496€56,583▼ 24.0%
Trade debts44€43,496€45,583▲ 4.8%
Suppliers440/4€43,496€45,583▲ 4.8%
Taxes, remuneration and social security45€11,000€11,000=
Taxes450/3€11,000€11,000=
Other amounts payable47/48€20,000--
Line20212022Change
Profit (loss) for the period9904€64,922€105,615▲ 62.7%
+ Depreciation and write-downs630€1,380€1,256▼ 9.0%
Operating cash flow (approximation)€66,302€106,872▲ 61.2%
Investment in fixed assets (approximation)--€1,366-
Change in cash-€10,564-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-03
KBO administration Address struck
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
23-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 235 days late
2022
31-12
Financial Liquidity doublescurrent ratio 3.79
Current ratio from 1.66 to 3.79; short-term debt falls from €74,496 to €56,583.
31-12
Financial Equity above €150,000Eq €158,849 ▲218%
2 profitable years in a row build equity to €158,849.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
228 m²
Building footprint
115 m²
Volume, LiDAR
1,876 m³
Parcel 21003A0177/00Y013, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
R&E DESIGN
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20202.310.456.064
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21003A0177/00Y013 Brussels 228 m² 1 · 115 m² 19.5 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-11-2020
Fiscal year end31-12
Contact
E-mail ara.costantino@ymail.com
Phone 0485403417
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.