Equity
€111,094 ▲ 16.9%
REACTIF paid out €833 in dividends. That is 5% of the 2025 profit.
REACTIF
Overview
Lifetime
3 annual accounts with figures on one time axispeak €102,086 (2023)
€36,993▼ 33.3%
peak €63,277 (2023)
€16,922▼ 42.8%
peak €111,094 (2025)
€111,094▲ 16.9%
€70,123▲ 17.5%
Board1 name since 2022
1 directorDENIS Emmanuel
Documentsfilings and deeds
04-08-20264 days late
2025micro format
Gross margin from €55,484 to €36,993Result from €29,562 to €16,922Dividend €833Equity from €95,005 to €111,094Debts from €59,660 to €70,123Cash from €107,769 to €140,451
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 60% of micro companies in head offices and management consultancy (NACE 70)
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: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
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: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points 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 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 2.21, cash €140,451
Size: total assets €181,217
Equity €111,094 (61.3% of total assets)
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 70, micro). It does better than 56% of them on solvency, 74% on liquidity, 47% on profitability and 64% 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, 39,278 companies had the same profile as REACTIF has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of REACTIF itself is lower: < 0.1% within 12 months. It rests on far more data about REACTIF than the profile alone.
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 39,278 companies, not a prediction for REACTIF. 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 ample, with a current ratio of 2.21 (1.98 in 2024), above the usual 1.5. Short-term debt is 38.7% and cash 77.5% of total assets. 38.7% 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 risk
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 3 filingsDeviation from the deadline
2025
4 days late
2024
26 days late
2023
61 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 10 days before the deadline. In the sector (NACE 70), 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 4 August (3 of the last 3 accounts filed within 64 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787489847
First establishment
Rue des Pâchis 40, Ottignies-Louvain-la-Neuve
Incorporation
Founding capital of €3,000, 100 shares · Founder: DENIS Emmanuel (comparant) · Appointment: DENIS Emmanuel (director) · published on 23-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REACTIF Ottignies-Louvain-la-Neuve | €181,217 | €36,993 | 61.3% | - |
| EfficientBoards Genappe | €198,496 | €38,337 | 70.9% | - |
| Awakening Consulting & Coaching Incourt | €169,117 | €33,362 | 3.0% | - |
| ManSaCom Waterloo | €154,566 | €40,566 | 80.8% | - |
| TW59 Walhain | €168,991 | €45,201 | 60.3% | - |
| Burton Conseil Wavre | €197,650 | €39,141 | 18.7% | - |
| SJC Herve | €194,146 | €35,543 | 74.4% | - |
These companies have the same main activity as REACTIF: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €155,000 and €198,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 21-06-2022Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.332.602.0551341 Ottignies-Louvain-la-Neuve, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 12-11-2025
Annual accounts 2025
- €36,993▼ 33.3%
- €16,922▼ 42.8%
- €111,094▲ 16.9%
- €181,217▲ 17.2%
- Filing
- Filed on 04-08-2026
Insights on REACTIF
REACTIF files the micro format. That format states no turnover. The gross margin fell from €102,086 in 2023 to €36,993 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-08-2026, 4 days late€36,993
▼ 33.3%
€26,100
▼ 41.4%
€16,922
▼ 42.8%
€84,818
▲ 45.5%
61.3%
▼ 0.1 percentage points
2.21
▲ 0.23
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €64,000 and €150,000.
Balance sheet
balance sheet total €181,217 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
61.3%
Higher than 55% of 39,368 companies in 2025.
2.21
Higher than 52% of 38,051 companies in 2025.
9.3%
Higher than 41% of 38,523 companies in 2025.
REACTIF
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
181,217 | 154,665 | 116,128 | |
21/28 |
26,276 | 36,706 | 47,136 | |
22/27 |
26,276 | 36,706 | 47,136 | |
24 |
26,276 | 36,706 | 47,136 | |
29/58 |
154,941 | 117,959 | 68,992 | |
40/41 |
13,616 | 9,257 | 9,128 | |
40 |
7,634 | 9,257 | 8,984 | |
41 |
5,983 | - | 144 | |
54/58 |
140,451 | 107,769 | 59,751 | |
490/1 |
873 | 934 | 113 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
181,217 | 154,665 | 116,128 | |
10/15 |
111,094 | 95,005 | 66,277 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
81,922 | 65,000 | 40,000 | |
133 |
81,922 | 65,000 | 40,000 | |
14 |
26,172 | 27,005 | 23,277 | |
17/49 |
70,123 | 59,660 | 49,851 | |
42/48 |
70,123 | 59,660 | 49,851 | |
44 |
820 | 148 | 440 | |
440/4 |
820 | 148 | 440 | |
45 |
68,137 | 54,332 | 30,696 | |
450/3 |
10,250 | 9,332 | 5,696 | |
454/9 |
57,887 | 45,000 | 25,000 | |
47/48 |
1,166 | 5,180 | 18,714 | |
| Income statement | ||||
9900 |
36,993 | 55,484 | 102,086 | |
630 |
10,430 | 10,430 | 5,014 | |
640/8 |
463 | 508 | 794 | |
66A |
- | - | 9,662 | |
9901 |
26,100 | 44,545 | 86,617 | |
65/66B |
149 | 156 | 144 | |
65 |
149 | 156 | 144 | |
9903 |
25,951 | 44,390 | 86,473 | |
67/77 |
9,030 | 14,828 | 23,196 | |
9904 |
16,922 | 29,562 | 63,277 | |
9905 |
16,922 | 29,562 | 63,277 | |
| Appropriation of the result | ||||
9906 |
43,927 | 52,838 | 63,277 | |
14P |
27,005 | 23,277 | - | |
691/2 |
16,922 | 25,000 | 40,000 | |
6920 |
- | 25,000 | - | |
6921 |
16,922 | - | 40,000 | |
694/7 |
833 | 833 | - | |
694 |
833 | 833 | - | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 4 days after the deadline. Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00378343.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 36,530 | 54,975 | 91,631 | ||
| 27,352 | 39,992 | 68,291 | ||
| 0 | 0 | 52,150 | ||
| 32,683 | 48,018 | - | ||
| 84,818 | 58,299 | 19,141 | ||
| 61.3% | 61.4% | 57.1% | ||
| 2.21 | 1.98 | 1.38 | ||
| 0.63 | 0.63 | 0.75 | ||
| 15.2% | 31.1% | 95.5% | ||
| 9.3% | 19.1% | 54.5% | ||
| over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €52,150 |
| €10,430 | €10,430 | €5,014 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on REACTIF
The operating result for 2025 is 41% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 38.6% to 38.7%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 23-06-2022
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Est appelé à la fonction d’administrateur non statutaire pour une durée illimitée : Monsieur DENIS Emmanuel, prénommé, ici présent et qui…”deed of 23-06-2022
Mandates through the years
1 name, the dashed line is todayDENIS Emmanuel
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DENIS Emmanuel
- Director (not named in the articles), appointed by deed of 23-06-2022, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €1,111 in 2025
- Source
- deed of 23-06-2022
Articles of association
deed of 23-06-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “L'assemblée qui nomme fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs, un ou plusieurs administrateurs…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 23-06-2022 ↗
- DENIS Emmanuel 100 shares (100%) · €3,000 in cash
Network & group
No group
REACTIF has no parent and no holdings in its annual accounts. DENIS Emmanuel is the only director.
At the same address
rue des Pâchis 40, 1341 Ottignies-Louvain-la-Neuve · 1 other company| Verhaeren, Sabine (sole trader)
establishment since 01-10-1986 |
founded in 1986 0815.342.408 |
Earlier ties
| Amarris LLN via DENIS Emmanuel, no longer at Amarris LLN · Director · deed of 27-06-2022 founded in 2001 · group AMARRIS HOLDING.BE |
9.2 FTE (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
8 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 4 days late
2025
Weakest financial year net €16,922 ▼42.8% The net result drops to €16,922, the lowest from 2023 to 2025.
Equity above €100,000 equity €111,094 ▲16.9% With a profit in every financial year since 2023, equity grows to €111,094.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0787489847
Annual accounts 2024 filed PDFmicro format · 26 days late
2024
Annual accounts 2023 filed PDFmicro format · 61 days before the deadline
2022
First establishment Rue des Pâchis 40, Ottignies-Louvain-la-Neuve
IncorporationFounding capital of €3,000, 100 shares · Founder: DENIS Emmanuel (comparant) · Appointment: DENIS Emmanuel (director) · published on 23-06-20227 points ▸
- Founder, DENIS Emmanuel (comparant)
- Founding capital, €3,000, 100 shares
- 100 shares
- Registered office clause, Rue des Pâchis, numéro 40, 1341 Céroux-Mousty
- Board rule, 1
- Director appointment, DENIS Emmanuel (director (not named in the articles))
- Permanent representative, DENIS Emmanuel
- The deed holds 6 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 21 June 2022, REACTIF was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 DENIS Emmanuel is director of the company, appointed by deed of 23-06-2022.2 Total assets went from €116,128 in 2023 to €181,217 in 2025.3
Company details
Identity
- Enterprise number
- 0787.489.847
- VAT number
- BE 0787.489.847
- Peppol ID
- 0208:0787489847
- Other Peppol ID
- 9925:BE0787489847
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-06-2022
- Financial year
- ends on 31 December
- Peppol
- Reachable since 12-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- REACTIF in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-06-2022 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
69201
Accountants
69202
Legal and accounting activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Les services juridiques en rapport avec les activités du professionnel; Fournir des conseils, des consultations en matière statistique…”deed of 23-06-2022 (in French)
9 activities
- Les services juridiques en rapport avec les activités du professionnel
- Fournir des conseils, des consultations en matière statistique, économique, financière et administrative
- Mener toutes sortes d'études et d'activités à cet égard, à l'exception des conseils en investissement et des activités pour lesquelles une reconnaissance supplémentaire est requise et/ou qui sont réservées par la loi à d'autres professions
- Fournir des conseils et une assistance en matière sociale, notamment l’accomplissement des formalités y relatives tel que le calcul des salaires
- Exercer les activités d’ordre juridique et économique compatibles avec la déontologie de la profession
- Exercer l’activité de syndic immobilier
- Exercer la fonction de liquidateur dans d’autres sociétés
- Exercer des mandats d’administrateurs dans d’autres sociétés inscrites au registre public de l’Institut (ITAA)
- Les activités d’un expert-comptable fiscaliste ainsi que l'exercice de toutes les activités jugées compatibles par l’Institut en raison de cette qualité
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue des Pâchis 40 registered office 1341 Ottignies-Louvain-la-Neuve | 01-07-2022 | 2.332.602.055 |
Buildings and parcels at the address
- Ground area
- 560 m²
- Buildings
- 150 m²
- Volume, LiDAR
- 691 m³
- Tallest building
- 6.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25016A0176/00T002 | 560 m² | 1 · 150 m² | 6.0 m · 2 |
Contact
E-mail
e.denis@comptactuel.be
Phone
+32 478 33 64 29