ReaWell

Active

Private limited companyfounded 20215 yrs activeGrote Heideweg 4, 2491 Balen, BelgiumKBO/BCE: BE 0771.739.423

The computed 12-month bankruptcy probability of ReaWell is 2.3% (moderate). The 2024 annual accounts show equity of €170k and a net result of €75k. Equity is growing by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

82 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+12

Solvency95▲+24

Growth78▲+26

Track record94

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days acceptable

Liquidity ample (current ratio 3.0 against 1.4 in 2023; short-term debt: 22.4% and cash: 37% of total assets), and 30% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-04-2025, 92 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

92 d early

2023

57 d early

2022

62 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€170k▲ 77.2%

2023 · €96k

2022: €64k 2023: €96k

2022 → 2024

Total assets

€242k▲ 15.4%

2023 · €210k

2022: €131k 2023: €210k

2022 → 2024

Net result

€75k▲ 133%

2023 · €32k

2022: €54k 2023: €32k

2022 → 2024

Working capital

€109k▲ 225%

2023 · €33k

2022: €11k 2023: €33k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€64k-€96k▲ 50.4%€170k▲ 77.2%

Operating result€64k-€42k▼ 34.6%€91k▲ 119%

Net result€54k-€32k▼ 40.2%€75k▲ 133%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 119% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €242k

32.8%

67.2%

Fixed assets €79k▼ 15.0%

Current assets €163k▲ 39.8%

Equity and liabilities €242k

70.0%

30.0%

Equity €170k▲ 77.2%

Debt €73k▼ 36.3%

The debt ratio falls from 54.4% to 30.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€123k▲

2023 · €68k

Cash flow

€106k▲

2023 · €59k

Solvency

70.0%▲

2023 · 45.6%

Current ratio

3.00▲

2023 · 1.40

Quick ratio

3.00▲

2023 · 1.22

Debt / equity

0.43▼

2023 · 1.19

ROE

44.1%▲

2023 · 33.5%

ROA

30.8%▲

2023 · 15.3%

Interest coverage

35.02▲

2023 · 28.98

Debt

€73k▼

2023 · €114k

Debt ≤ 1 year

€54k▼

2023 · €83k

Debt > 1 year

€16k▼

2023 · €30k

Income taxes

€19k▲

2023 · €9k

Staff costs

€769

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€210k€242k▲

Fixed assets21/28€93k€79k▼

Tangible fixed assets22/27€93k€79k▼

Plant, machinery and equipment23€14k€17k▲

Furniture and vehicles24€13k€16k▲

Leasing and similar rights25€55k€38k▼

Other tangible fixed assets26€12k€9k▼

Current assets29/58€116k€163k▲

Stocks and contracts in progress3€15k-

Stocks30/36€12k-

Contracts in progress37€3k-

Amounts receivable within one year40/41€12k€8k▼

Trade receivables40€5k€8k▲

Other amounts receivable41€7k-

Current investments50/53-€60k

Cash at bank and in hand54/58€83k€90k▲

Deferred charges and accrued income490/1€6k€5k▼

Equity and liabilities

Total equity and liabilities10/49€210k€242k▲

Equity10/15€96k€170k▲

Contributions10/11€10k€10k=

Reserves13€86k€160k▲

Distributable reserves133€86k€160k▲

Amounts payable17/49€114k€73k▼

Amounts payable after more than one year17€30k€16k▼

Financial debts170/4€30k€16k▼

Amounts payable within one year42/48€83k€54k▼

Current portion of amounts payable after more than one year42€14k€14k▲

Trade debts44€27k€4k▼

Suppliers440/4€27k€4k▼

Taxes, remuneration and social security45€11k€5k▼

Taxes450/3€9k€4k▼

Remuneration and social security454/9€2k€710▼

Other amounts payable47/48€32k€32k▼

Accrued charges and deferred income492/3€988€3k▲

Income statement Code20232024

Remuneration, social security and pensions62-€769

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€31k▲

Other operating charges640/8€3k€2k▼

Gross operating margin9900€71k€126k▲

Operating profit (loss)9901€42k€91k▲

Financial income75/76B€2k€6k▲

Recurring financial income75€2k€6k▲

Financial charges65/66B€2k€4k▲

Recurring financial charges65€2k€4k▲

Profit (loss) for the period before taxes9903€41k€94k▲

Income taxes67/77€9k€19k▲

Profit (loss) for the period9904€32k€75k▲

Profit (loss) for the period to be appropriated9905€32k€75k▲

Appropriation of the result

Profit (loss) to be appropriated9906€32k€75k▲

Transfer from equity791/2-€833

Transfer to equity691/2€32k€75k▲

To other reserves6921€32k€75k▲

Profit to be distributed694/7-€833

Return on contributions (dividend)694-€833

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 4Filings 3

2025

30-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2022net €75k ▲133%

Operating result €91k, net result €75k, both a record.

31-12

Financial Liquidity doublescurrent ratio 3.00

Current ratio from 1.40 to 3.00; short-term debt falls from €83k to €54k.

31-12

Financial Equity above €150kEq €170k ▲77.2%

3 profitable years in a row build equity to €170k.

04-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €32k ▼40.2%

Net result drops to €32k, the lowest in the series; recovery starts the following year.

30-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are 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, Balen · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Grote Heideweg 42491 Balen

Ground area

5,697 m²

Building footprint

174 m²

Volume, LiDAR

668 m³

Parcel 13030C0591/00H002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ReaWell

Grote Heideweg 4, 2491 BalenConstruction of residential and non-residential buildings

since 20212.320.298.990

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13030C0591/00H002	Flanders	5,697 m²	1 · 174 m²	8.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 252 EUR awarded · 252 EUR paid

Year	Entries	awarded	paid
2024	1	168 EUR	213 EUR
2023	1	45 EUR	39 EUR
2022	1	39 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 252 EUR · 252 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Menuiserie Rodriguez

BE 0441.785.312

Grâce-Hollogne · Eq €170k

Pajottegem · Eq €169k

PASSION & RENOVATION

BE 0534.781.388

Schaarbeek · Eq €170k

GICB

BE 0533.932.144

Brussel · Eq €170k

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,984 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded27-07-2021

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

81300Landscape service activities

41001General construction of residential buildings

68122Development of non-residential building projects

43120Site preparation

71121Engineering and related technical consultancy, excluding land surveyors

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.