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REBELCO

Inactive
KBO/BCE: BE 0403.262.256

Inactive; last annual accounts for fiscal year 2016.

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2017 close31-07-2018 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 06-04-2017, 116 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

Financials · fiscal year 2016, full schema

Turnover
€962,500▲ 9.4%
2015 · €880,157
EBIT margin
118.4%▲ 35.4pp
2015 · 83.0%
Net result
€23.7m▼ 35.1%
2015 · €36.5m
Working capital
€198.5m▼ 27.1%
2015 · €272.1m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20122013201420152016
Turnover€11,484-€944,674▲ 8,126%€935,673▼ 1.0%€880,157▼ 5.9%€962,500▲ 9.4%
Operating result€289,938-€1.2m▲ 305%€1.2m▼ 0.2%€730,110▼ 37.7%€1.1m▲ 56.1%
Net result-€5.1m-€98.1m€41.9m▼ 57.3%€36.5m▼ 12.9%€23.7m▼ 35.1%
EBIT margin2524.7%-124.3%▼ 2400.5pp125.2%▲ 0.9pp83.0%▼ 42.2pp118.4%▲ 35.4pp
Equity€944.5m-€1.03bn▲ 9.4%€1.07bn▲ 3.7%€988.1m▼ 7.8%€906.9m▼ 8.2%
Total assets€947.7m-€1.05bn▲ 10.3%€1.07bn▲ 2.7%€990.9m▼ 7.8%€909.4m▼ 8.2%
Debt€252,413-€9.2m▲ 3,564%€194,256▼ 97.9%€290,400▲ 49.5%€151,089▼ 48.0%
Working capital€114.5m-€309.8m▲ 171%€322.6m▲ 4.1%€272.1m▼ 15.7%€198.5m▼ 27.1%
Result per fiscal year
Operating resultNet result
-€50.0m€0€50.0m€100.0mOperating result 2012: €289,938€289,938Net result 2012: -€5.1m-€5.1mOperating result 2013: €1.2m€1.2mNet result 2013: €98.1m€98.1mOperating result 2014: €1.2m€1.2mNet result 2014: €41.9m€41.9mOperating result 2015: €730,110€730,110Net result 2015: €36.5m€36.5mOperating result 2016: €1.1m€1.1mNet result 2016: €23.7m€23.7m20122013201420152016€0€20m€40mOperating result 2014: €1.2m€1.2mNet result 2014: €41.9m€42mOperating result 2015: €730,110€730,000Net result 2015: €36.5m€36mOperating result 2016: €1.1m€1.1mNet result 2016: €23.7m€24m201420152016
The operating result recovers in 2016; 2016 is 56% above 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €909.4m
Fixed assets €710.8m ▼ 1.1%
Current assets €198.6m ▼ 27.1%
Equity and liabilities €909.4m
Equity €906.9m ▼ 8.2%
Provisions €2.4m ▼ 4.4%
Debt €151,089 ▼ 48.0%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
2016 value · change against 2015
EBITDA
€1.6m▲
2015 · €1.1m
Cash flow
€24.1m▼
2015 · €36.9m
ROE
2.6%▼
2015 · 3.7%
ROA
2.6%▼
2015 · 3.7%
Debt ≤ 1 year
€151,089▼
2015 · €290,400
Income taxes
€96,466▼
2015 · €314,518
A ratio outside any meaningful range has been withheld (balance sheet total €909.4m, equity €906.9m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2016 against 2015 · 27 lines
Balance sheet Code20152016
Assets
Total assets20/58€990.9m€909.4m▼
Fixed assets21/28€718.5m€710.8m▼
Tangible fixed assets22/27€10.6m€10.3m▼
Financial fixed assets28€707.9m€700.5m▼
Current assets29/58€272.4m€198.6m▼
Amounts receivable within one year40/41€272.3m€198.5m▼
Cash at bank and in hand54/58€33,469€100,700▲
Equity and liabilities
Total equity and liabilities10/49€990.9m€909.4m▼
Equity10/15€988.1m€906.9m▼
Contributions10/11€202.5m€202.5m=
Reserves13€263.9m€264.8m▲
Profit (loss) carried forward14€513.7m€431.4m▼
Provisions and deferred taxes16€2.5m€2.4m▼
Amounts payable17/49€290,400€151,089▼
Amounts payable within one year42/48€290,400€151,089▼
Trade debts44€290,400€151,089▼
Income statement Code20152016
Turnover70€880,157€962,500▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€409,054€410,692▲
Operating profit (loss)9901€730,110€1.1m▲
Recurring financial income75€17.9m€18.8m▲
Recurring financial charges65€24,092€73,359▲
Debt charges650€2-
Profit (loss) for the period before taxes9903€36.7m€23.7m▼
Income taxes67/77€314,518€96,466▼
Profit (loss) for the period9904€36.5m€23.7m▼
Profit (loss) for the period to be appropriated9905€36.7m€23.9m▼
Appropriation of the result
Return on contributions (dividend)694€120.0m€105.0m▼
Line20122013201420152016Change
Turnover70€11,484€944,674€935,673€880,157€962,500▲ 9.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405,357€405,782€408,236€409,054€410,692▲ 0.4%
Operating profit (loss)9901€289,938€1.2m€1.2m€730,110€1.1m▲ 56.1%
Recurring financial income75€20.8m€23.1m€20.0m€17.9m€18.8m▲ 4.8%
Recurring financial charges65€6,286€16,364€185,217€24,092€73,359▲ 204%
Debt charges650---€2--
Profit (loss) for the period before taxes9903-€5.3m€98.0m€41.8m€36.7m€23.7m▼ 35.5%
Income taxes67/77-€90,309€36,783€314,518€96,466▼ 69.3%
Profit (loss) for the period9904-€5.1m€98.1m€41.9m€36.5m€23.7m▼ 35.1%
Profit (loss) for the period to be appropriated9905-€4.9m€99.7m€42.1m€36.7m€23.9m▼ 34.9%
Line20122013201420152016Change
Assets
Total assets20/58€947.7m€1.05bn€1.07bn€990.9m€909.4m▼ 8.2%
Fixed assets21/28€832.9m€726.6m€751.6m€718.5m€710.8m▼ 1.1%
Tangible fixed assets22/27€11.7m€11.4m€11.0m€10.6m€10.3m▼ 2.9%
Financial fixed assets28€821.2m€715.2m€740.6m€707.9m€700.5m▼ 1.0%
Current assets29/58€114.8m€319.1m€322.8m€272.4m€198.6m▼ 27.1%
Amounts receivable within one year40/41€114.3m€319.0m€322.4m€272.3m€198.5m▼ 27.1%
Cash at bank and in hand54/58€1,492€35,697€406,547€33,469€100,700▲ 201%
Equity and liabilities
Total equity and liabilities10/49€947.7m€1.05bn€1.07bn€990.9m€909.4m▼ 8.2%
Equity10/15€944.5m€1.03bn€1.07bn€988.1m€906.9m▼ 8.2%
Contributions10/11€202.5m€202.5m€202.5m€202.5m€202.5m=
Reserves13€259.6m€264.3m€262.2m€263.9m€264.8m▲ 0.4%
Profit (loss) carried forward14€474.4m€558.7m€598.7m€513.7m€431.4m▼ 16.0%
Provisions and deferred taxes16€2.9m€2.8m€2.7m€2.5m€2.4m▼ 4.4%
Amounts payable17/49€252,413€9.2m€194,256€290,400€151,089▼ 48.0%
Amounts payable within one year42/48€252,413€9.2m€185,474€290,400€151,089▼ 48.0%
Trade debts44€193,442€189,534€184,962€290,400€151,089▼ 48.0%
Line20122013201420152016Change
Profit (loss) for the period9904-€5.1m€98.1m€41.9m€36.5m€23.7m▼ 35.1%
+ Depreciation and write-downs630€405,357€405,782€408,236€409,054€410,692▲ 0.4%
Operating cash flow (approximation)-€4.7m€98.5m€42.3m€36.9m€24.1m▼ 34.7%
Investment in fixed assets (approximation)-€105.9m-€25.4m€32.6m€7.3m▼ 77.6%
Change in cash-€34,205€370,850-€373,078€67,231▲ 118%

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

2017
06-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
15-03
State Gazette act Merger · Accounting effect
Real estate · Merger effective date
2016
12-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
06-05
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial Liquidity times 50current ratio 1740.56
Current ratio from 34.50 to 1740.56; short-term debt falls from €9.2m to €185,474.
07-05
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial Back to profitnet €98.1m
Net result €98.1m after one loss-making year.
31-12
Financial Equity above €1bnEq €1.03bn ▲9.4%
Equity rises from €944.5m to €1.03bn.
13-05
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
14-05
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
11-10
State Gazette act General meeting · Capital increase
Bank account · Capital
10-05
NBB filing Annual accounts filed
fiscal year 2010 · full schema
Show earlier events
2010
21-04
NBB filing Annual accounts filed
fiscal year 2009 · full schema
2009
05-06
NBB filing Annual accounts filed
fiscal year 2008 · full schema
2008
30-05
NBB filing Annual accounts filed
fiscal year 2007 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts

We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:Sofina
BE 0403.219.397simplified merger · proposal · State Gazette act of 15-03-2017

Recognitions · licences · registrations

Legal Entity Identifier

549300R85702ITJPD236
no longer live in the LEI register