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Reafund

Active
Private limited companyfounded 20242 yrs activeWeilgenstraat 2, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 1011.310.023
Summary

The computed 12-month bankruptcy probability of Reafund is 3.8% (moderate). The 2025 annual accounts show negative equity (-€42,437) and a net result of -€45,437. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability23
Solvency20
Growth-
Track record67
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0.7% and cash: 0.3% of total assets, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-5.4%
Return on assets
-5.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 8 July 2024, Reafund was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€42,437
Total assets
€782,910
Net result
-€45,437
Working capital
€777,563

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Key figures and ratios
2025 value
Solvency
-5.4%
Quick ratio
0.41
Debt to equity
-19.45
ROA
-5.8%
Debt
€825,347
Debt ≤ 1 year
€5,347
Debt > 1 year
€820,000
A ratio outside any meaningful range has been withheld (balance sheet total €782,910, equity -€42,437).

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
1.0% went bankrupt
2.2% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 26 lines
Balance sheet Code2025
Assets
Total assets20/58€782,910
Current assets29/58€782,910
Stocks and contracts in progress3€780,741
Stocks30/36€780,741
Cash at bank and in hand54/58€2,169
Equity and liabilities
Total equity and liabilities10/49€782,910
Equity10/15-€42,437
Contributions10/11€3,000
Profit (loss) carried forward14-€45,437
Amounts payable17/49€825,347
Amounts payable after more than one year17€820,000
Financial debts170/4€820,000
Amounts payable within one year42/48€5,347
Trade debts44€1,597
Suppliers440/4€1,597
Other amounts payable47/48€3,750
Income statement Code2025
Other operating charges640/8€8,599
Gross operating margin9900-€773
Operating profit (loss)9901-€9,372
Financial charges65/66B€36,065
Recurring financial charges65€36,065
Profit (loss) for the period before taxes9903-€45,437
Profit (loss) for the period9904-€45,437
Profit (loss) for the period to be appropriated9905-€45,437
Appropriation of the result
Profit (loss) to be appropriated9906-€45,437
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€8,599
Gross operating margin9900-€773
Operating profit (loss)9901-€9,372
Financial charges65/66B€36,065
Recurring financial charges65€36,065
Profit (loss) for the period before taxes9903-€45,437
Profit (loss) for the period9904-€45,437
Profit (loss) for the period to be appropriated9905-€45,437
Line2025
Assets
Total assets20/58€782,910
Current assets29/58€782,910
Stocks and contracts in progress3€780,741
Stocks30/36€780,741
Cash at bank and in hand54/58€2,169
Equity and liabilities
Total equity and liabilities10/49€782,910
Equity10/15-€42,437
Contributions10/11€3,000
Profit (loss) carried forward14-€45,437
Amounts payable17/49€825,347
Amounts payable after more than one year17€820,000
Financial debts170/4€820,000
Amounts payable within one year42/48€5,347
Trade debts44€1,597
Suppliers440/4€1,597
Other amounts payable47/48€3,750
Line2025
Profit (loss) for the period9904-€45,437
Operating cash flow (approximation)-€45,437

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

2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Tongeren-Borgloon · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,071 m²
Building footprint
221 m²
Volume, LiDAR
991 m³
Parcel 73026B0451/00W000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Reafund
Weilgenstraat 2, 3700 Tongeren-BorgloonReal estate activities
since 20242.365.517.818
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73026B0451/00W000 Flanders 1,071 m² 1 · 221 m² 9.8 m · 1 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.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. REAMAS 100%
  2. Reafund

Highest known parent: REAMAS. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded08-07-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011310023
Also 9925:BE1011310023
Registered 03-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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