Equity
-€22,305
Debts exceed assets in financial year 2025.
REAS
Lifetime
3 annual accounts with figures on one time axispeak €7,550 (2025)
€7,550▲ €16,890
lowest -€14,496 (2024)
€2,431▲ €16,928
peak -€10,240 (2023)
-€22,305▲ €2,431
€53,534▲ 33.2%
Board1 name since 2022
1 director
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Gross margin from -€9,341 to €7,550Back to profit: €2,431Debts from €40,180 to €53,534Investments €15,470Cash from €352 to €3,958
Key points
from the 2025 annual accountsTurnover
≈ €28,000 estimated
The micro format states no turnover.
Debts
€53,534 171% of the balance sheet
Suppliers 5%Taxes and wages 12%Other 83%
Investments
€15,470 4.7 × depreciation
Green is investment, beige is depreciation.
Filings
3 annual accounts 3 late
The 2023 accounts came latest: 97 days after the end of the period.
Position in the sector
-€22,305
Less equity than 91% of companies in education. Sector median €32,789 · 2,753 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,018 companies had the same profile as REAS has now. Each dot stands for 3 companies, two years later.
89.1%
were still trading
4.1%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,018 companies, not a prediction for REAS. 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
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Signals
Recent changes
Incorporation
Founder: · 100 shares · Appointment: (director) · published on 28-12-2022 · Gazette deed
First establishment
Reasfit, Havenstraat 72B, Vilvoorde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REAS Vilvoorde | €31,229 | €7,550 | -71.4% | - |
| ZIENSWIJZEN Zutendaal | €30,380 | €8,032 | 90.9% | - |
| Meeusen Sports Hooglede | €32,982 | €5,914 | 35.3% | - |
| GLOBAL FIT Frasnes-lez-Anvaing | €36,838 | €9,465 | 26.4% | - |
| PM SPORTSCONSULTING Edegem | €31,088 | €11,685 | 4.1% | - |
| MF COACHING Ixelles | €26,909 | €10,952 | 9.6% | - |
| Move Better Therapy Mont-Saint-Guibert | €27,676 | €5,277 | -100.1% | - |
These companies have the same main activity as REAS: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €26,900 and €36,800, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 23-12-2022Normal situation
- Activity
- Sports and recreation educationNACE 85510and 1 other
- Establishment unit
- 2.340.372.6461800 Vilvoorde, since 23-12-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on REAS
REAS files the micro format. That format states no turnover. The gross margin rose from -€12,240 in 2023 to €7,550 in 2025.
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 REAS
- What is the company number of REAS?
- The company number of REAS is 0795.312.502. The VAT number is the same number with BE in front: BE 0795.312.502.
- Where is REAS based?
- The registered office is at Havenstraat 72B, 1800 Vilvoorde.Company details
- What does REAS do?
- According to the KBO register, the main activity is sports and recreation education (NACE 85510).
- What is the legal form of REAS?
- REAS is a private limited company (BV).
- When was REAS founded?
- REAS was founded on 23-12-2022.
- Is REAS still active?
- Yes, REAS is an active enterprise in the KBO register.
- What is the turnover of REAS?
- The turnover in financial year 2025 is ≈ €28,000. This figure is estimated from the gross margin of €7,550 and 48 comparable companies (NACE 855). It probably lies between €19,000 and €65,000. It is a rough estimate.Financials
- Is REAS profitable?
- In financial year 2025, REAS made a profit of €2,431.
- Where can I find the annual accounts of REAS?
- REAS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of REAS due?
- REAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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