Equity
-€14,108
Debts exceed assets in financial year 2025.
REASeuro België
Overview
Lifetime
6 annual accounts with figures on one time axispeak -€853 (2022)
-€2,338▼ €543
lowest -€5,281 (2023)
-€2,999▼ €514
peak -€82 (2020)
-€14,108▼ €2,999
€14,806▲ 26.6%
peak 0 FTE (2023)
0 FTE
Board1 name since 2019
1 directorvAN RIEL Adrianus Petrus Antonie Maria
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from -€1,795 to -€2,338Loss of €2,999Equity from -€11,109 to -€14,108Debts from €11,693 to €14,806Cash from €244 to €633
Key points
from the 2025 annual accountsLosses
-€15,108 in six years
Every financial year from 2020 to 2025 closed with a loss. 2023 was the heaviest.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 25 to 45 days before the end of the period.
Starting capital
€1,000 100 shares
At the same address
99 companies
Position in the sector
-2021.3%
Lower solvency than 95% of companies in other professional activities. Sector median 42.5% · 819 companies.
Turnover not published (abbreviated format)
Checked score
53
Fair
Financially stronger than 17% of micro companies in other professional activities (NACE 74)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%highest value
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.4%▼ -0.2 percentage points vs 06-2025lowest value
08-2025: 0.4%● unchanged vs 07-2025lowest value
09-2025: 0.4%● unchanged vs 08-2025lowest value
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.4%▼ -0.1 percentage points vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▼ -0.1 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€14,108
lowers risk
Size: total assets €698
Sector: Other professional, scientific and technical activities (NACE 74)
Liquidity: current ratio 0.05, cash €633
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 74, micro). It does better than 5% of them on solvency, 36% on liquidity, 7% on profitability and 20% 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, 6,008 companies had the same profile as REASeuro België has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of REASeuro België itself is lower: 0.4% within 12 months. It rests on far more data about REASeuro België 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 6,008 companies, not a prediction for REASeuro België. 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
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€14,108
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 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 days early
2024
45 days early
2023
30 days early
2022
34 days early
2021
25 days early
2020
40 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 33 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% 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 2 July (5 of the last 5 accounts filed within 30 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
- Riel Explosive Advice & Services Europe B.V. founderdeed of 27-11-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737984413
Registered office moved from Turnhout to Antwerp
New registered office: Borsbeeksebrug 34-1, 2600 Antwerpen · Previous registered office: Rubensstraat 104 bus 41, 2300 Turnhout · General meeting of 19-11-2020 · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founder: Riel Explosive Advice & Services Europe B.V. · Appointment: vAN RIEL Adrianus Petrus Antonie Maria (director) · published on 27-11-2019 · Gazette deed
First establishment
Borsbeeksebrug 34, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REASeuro België Antwerp | €698 | -€2,338 | -2021.3% | 0 |
| NuThiMa Consult Profondeville | €1,064 | -€1,111 | -308.2% | - |
| Pharma Construct Ouffet | €425 | -€905 | -464.7% | - |
| Andó Energy Houthalen-Helchteren | €1,519 | -€2,728 | -5148.2% | - |
| E-Building Solutions Gavere | €941 | -€7,637 | -2178.1% | - |
| BE Vastgoed Grobbendonk | €1,630 | -€2,903 | -470.6% | - |
| BETTER LIVING Maldegem | €1,537 | -€4,199 | -398.0% | - |
These companies have the same main activity as REASeuro België: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €425 and €1,630, founded between 2017 and 2023.
Official details
Source: KBO- Status
- Active since 22-11-2019Normal situation
- Registered office
- 101 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other professional, scientific and technical activitiesNACE 74999and 2 others
- Establishment unit
- 2.295.995.2452600 Antwerp, since 22-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- -€2,338▼ 30.2%
- €2,999▲ 20.7%
- -€14,108▼ 27.0%
- €698▲ 19.5%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on REASeuro België
REASeuro België files the abbreviated format. That format states no turnover. The gross margin fell from -€915 in 2020 to -€2,338 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 06-07-2026, 25 days before the deadline-€2,338
▼ €543
-€2,945
▼ €564
-€2,999
▼ €514
-€14,108
▼ €2,999
-
-
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €698 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-
Higher than 9% of 472 companies in 2022.
-
Higher than 21% of 464 companies in 2022.
-
Higher than 14% of 466 companies in 2022.
REASeuro België
Middle half of the sector
80% of the sector
Abbreviated accounts in other professional activities (NACE 74)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
698 | 584 | 829 | 17,810 | 2,169 | 8,978 | |
21/28 |
- | - | - | - | 0 | 750 | |
28 |
- | - | - | - | 0 | 750 | |
29/58 |
698 | 584 | 829 | 17,810 | 2,169 | 8,228 | |
40/41 |
65 | 340 | 799 | 16,154 | 1,473 | 6,977 | |
40 |
- | - | 0 | 16,154 | 0 | 6,977 | |
41 |
65 | 340 | 799 | 0 | 1,473 | - | |
54/58 |
633 | 244 | 30 | 1,017 | 184 | 1,251 | |
490/1 |
- | - | 0 | 640 | 512 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
698 | 584 | 829 | 17,810 | 2,169 | 8,978 | |
10/15 |
-14,108 | -11,109 | -8,624 | -3,343 | -1,864 | -82 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
14 |
-15,108 | -12,109 | -9,624 | -4,343 | -2,864 | -1,082 | |
17/49 |
14,806 | 11,693 | 9,453 | 21,154 | 4,033 | 9,061 | |
42/48 |
14,806 | 11,693 | 9,453 | 21,154 | 4,033 | 9,061 | |
44 |
638 | 135 | 388 | 12,454 | 407 | 6,106 | |
440/4 |
638 | 135 | 388 | 12,454 | 407 | 6,106 | |
45 |
- | - | 0 | 2,135 | 0 | 390 | |
450/3 |
- | - | 0 | 2,135 | 0 | 390 | |
47/48 |
14,169 | 11,558 | 9,065 | 6,565 | 3,626 | 2,565 | |
| Income statement | |||||||
9900 |
-2,338 | -1,795 | -4,472 | -853 | -1,581 | -915 | |
640/8 |
607 | 586 | 682 | 626 | 73 | 90 | |
9901 |
-2,945 | -2,382 | -5,154 | -1,479 | -1,654 | -1,005 | |
65/66B |
54 | 103 | 127 | 0 | 127 | 78 | |
65 |
54 | 103 | 127 | 0 | 127 | 78 | |
9903 |
-2,999 | -2,485 | -5,281 | -1,479 | -1,782 | -1,082 | |
9904 |
-2,999 | -2,485 | -5,281 | -1,479 | -1,782 | -1,082 | |
9905 |
-2,999 | -2,485 | -5,281 | -1,479 | -1,782 | -1,082 | |
| Appropriation of the result | |||||||
9906 |
-15,108 | -12,109 | -9,624 | -4,343 | -2,864 | -1,082 | |
14P |
-12,109 | -9,624 | -4,343 | -2,864 | -1,082 | - | |
| Social balance sheet | |||||||
9087 |
0 | 0 | 0 | - | - | - | |
| Document | |||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-07-2026 | 2026-00255481 | |
| 31-12-2024 | abbreviated format | 16-06-2025 | 2025-00140332 | |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00187414 | |
| 31-12-2022 | abbreviated format | 27-06-2023 | 2023-00159557 | |
| 31-12-2021 | abbreviated format | 06-07-2022 | 2022-20139356 | |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22100095 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| - | - | - | - | - | 750 | ||
| 389 | 214 | -987 | 833 | -1,066 | - | ||
| -14,108 | -11,109 | -8,624 | -3,343 | -1,864 | -832 | ||
| - | - | - | -18.8% | - | -0.9% | ||
| - | - | - | 0.84 | - | 0.91 | ||
| - | - | - | -8.3% | - | -12.1% |
The ratios are withheld because a balance sheet total of €698 is too small for a meaningful ratio.
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.
Insights on REASeuro België
The operating result for 2025 is a loss of €2,945, larger than the loss of €2,382 in 2024.
Equity is negative. Debt (€14,806) exceeds the balance-sheet total (€698).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 21-11-2019
term without a fixed end
listed in the 2025 annual accounts, filed on 06-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”deed of 27-11-2019
Mandates through the years
1 name, the dashed line is todayvAN RIEL Adrianus Petrus Antonie Maria
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- vAN RIEL Adrianus Petrus Antonie Maria
- Director (not named in the articles), from 21-11-2019 to date
Control
This company
REASeuro België
Equity -€14,108
Loss €2,999 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- -€141 in 2025
- Source
- deed of 27-11-2019
Articles of association
deed of 27-11-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 14:00
Founder
At incorporation
deed of 27-11-2019 ↗
- Riel Explosive Advice & Services Europe B.V. (BE 0737.858.511) sole founder · 100% at incorporation
Network & group
No group
REASeuro België has no parent and no holdings in its annual accounts. vAN RIEL Adrianus Petrus Antonie Maria is the only director. REASeuro België shares no director with another company.
At the same address
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Timeline
Timeline
11 events since 2019Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 25 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0737984413
Annual accounts 2024 filed PDFabbreviated format · 45 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 30 days before the deadline
2023
Weakest financial year net -€5,281 The net result drops to -€5,281, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFabbreviated format · 34 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 25 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 40 days before the deadline
2020
Registered office moved from Turnhout to AntwerpNew registered office: Borsbeeksebrug 34-1, 2600 Antwerpen · Previous registered office: Rubensstraat 104 bus 41, 2300 Turnhout · General meeting of 19-11-20202 points ▸
- General meeting, 19-11-2020
- Registered-office move, Borsbeeksebrug 34-1, 2600 Antwerpen
2019
IncorporationFounding capital of €1,000, 100 shares · Founder: Riel Explosive Advice & Services Europe B.V. · Appointment: vAN RIEL Adrianus Petrus Antonie Maria (director) · published on 27-11-20193 points ▸
- Founder, Riel Explosive Advice & Services Europe B.V.
- Founding capital, euro 1.000, 100 shares
- Director appointment, vAN RIEL Adrianus Petrus Antonie Maria (director (not named in the articles))
- The deed holds 1 more point.
First establishment Borsbeeksebrug 34, Antwerp
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 22 November 2019, REASeuro België was incorporated as a private limited company by Riel Explosive Advice & Services Europe B.V., with a starting capital of €1,000.12 In 2020 the registered office moved to Antwerp.3 VAN RIEL Adrianus Petrus Antonie Maria has served as director since 2019.4 Total assets went from €8,978 in 2020 to €17,810 in 2022.5
Company details
Identity
- Enterprise number
- 0737.984.413
- VAT number
- BE 0737.984.413
- Peppol ID
- 0208:0737984413
- Other Peppol ID
- 9925:BE0737984413
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-11-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 14:00deed of 27-11-2019 (in Dutch)
- Peppol
- Reachable since 15-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- REASeuro België in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-11-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rubensstraat 104 bus 41, 2300 Turnhout”deed of 27-11-2019 (in Dutch)
Activities
NACEBEL 202574999
Other professional, scientific and technical activities main activity
85599
Other education
Codes under NACEBEL 2008
74909
Other professional, scientific and technical activities main activity
72190
Scientific research and development
85599
Other education
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verstrekken van advies- en het bieden van volledige projectarchitectuur, een en ander in relatie met bodemonderzoek, alsmede het…”deed of 27-11-2019 (in Dutch)
3 activities
- Het verstrekken van advies- en het bieden van volledige projectarchitectuur, een en ander in relatie met bodemonderzoek, alsmede het adviseren-, opleiden-, leveren van technische ondersteuning- en uitvoeren van projecten op het gebied van de explosieven opruiming.
- Onderneming in onroerende goederen.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Borsbeeksebrug 34 registered office 2600 Antwerp | 22-11-2019 | 2.295.995.245 |
1 former office
- 2300 Turnhout until 19-11-2020 · deed of 22-12-2020
Buildings and parcels at the address
- Ground area
- 2.4 ha
- Buildings
- 2,702 m²
- Volume, LiDAR
- 26,988 m³
- Tallest building
- 22.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11302A0095/00E008 | 2.4 ha | 1 · 2,702 m² | 22.4 m · 5 |