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Generated 13-08-2026
Active BE 0734.406.497Private limited company

Reesink Turfcare BE

Kwatrechtsteenweg 107 ·9230 Wetteren, Belgium· 6 yrs active
Sector: Groothandel in machines, werktuigen en toebehoren voor de landbouw (46610)
Conclusion Checked

The computed 12-month bankruptcy probability of Reesink Turfcare BE is 2.1% (moderate). The 2024 annual accounts show negative equity (€-99k) and a net result of €-173k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 963 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-99k
Net result €-173k
Staff (FTE) 9.5
Better than sector 14%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health12Profitability100Solvency41Growth32Stability100
57 / 100

Mixed profile: strong on profitability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 12
Profitability 100
Solvency 41
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
2.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
12 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 02-07-2026 with the NBB · fiscal year 2024 · verkort
€-200k€-100k€0€100k€200kOperating result 2020: €-101k€-101kNet result 2020: €-119k€-119kOperating result 2021: €37k€37kNet result 2021: €28k€28kOperating result 2022: €-85k€-85kNet result 2022: €-103k€-103kOperating result 2023: €170k€170kNet result 2023: €116k€116kOperating result 2024: €-160k€-160kNet result 2024: €-173k€-173k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~44% of the level (threshold 35%). We therefore deliberately show no projection line.
€-100k€-50k€0€50k€100k2020: €81k2021: €61k2022: €-42k2023: €74k2024: €-99k20202021202220232024
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -8.0% 27.4%
better than 14% of 963 sector peers
Net result €-173k €24k
better than 8% of 963 sector peers
Equity €-99k €172k
better than 9% of 963 sector peers
Gross operating margin €773k €174k
better than 84% of 961 sector peers
Staff costs €841k €166k
higher than 90% of 594 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-114k
- 20-24
Net profit
€-173k
- 20-24
Cash flow
€-126k
- 20-24
Total assets
€1.23M
+14.5% 20-24
Equity
€-99k
- 20-24
Working capital
€-227k
-90.2% 20-24
Employees (FTE)
10
+4.4% 20-24
Staff costs
€841k
+2.9% 20-24
Income taxes
€-9k
- 20-24
Debt
€1.33M
+32.9% 20-24
Debt ≤ 1y
€1.31M
+30.8% 20-24
Debt > 1y
€164k
- 20-24
Current ratio
0.83
-6.2% 20-24
Quick ratio
0.73
+10.3% 20-24
Solvency
-8.0%
- 20-24
Debt / equity
-13.42
- 20-24
ROE
174.8%
+12.0% 20-24
ROA
-14.1%
- 20-24
Interest coverage
-5.28
- 20-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€-114k
Net profit€-173k
Cash flow€-126k
Staff costs€841k
Income taxes€-9k
Dividends-
Total assets€1.23M
Equity€-99k
Debt€1.33M
of which ≤ 1y€1.31M
of which > 1y-
Working capital€-227k
Employees (FTE)9.5
Ratios (computed)
2024
Current ratio0.83
Quick ratio0.73
Working capital ratio-18.5%
Solvency-8.0%
Debt / equity-13.42
Long-term debt ratio-
Interest coverage-5.28
Gross margin-
Net margin-
ROA-14.1%
ROE174.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.23M
Fixed assets 21/28€149k
Tangible fixed assets 22/27€138k
Financial fixed assets 28€11k
Current assets 29/58€1.08M
Stocks & contracts in progress 3€120k
Amounts receivable within one year 40/41€947k
Cash & bank 54/58€0
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.23M
Equity 10/15€-99k
Contributions / capital 10/11€200k
Accumulated profits (losses) 14€-299k
Amounts payable 17/49€1.33M
Amounts payable within one year 42/48€1.31M
Trade debts payable within one year 44€312k
Income statement
Gross operating margin 9900€773k
Operating result 9901€-160k
Financial charges 65€22k
Result before taxes 9903€-182k
Income taxes 67/77€-9k
Net result for the period 9904€-173k
Result to be appropriated 9905€-173k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Royal Reesink B.V.Legal entity
    Director· perm. rep.: Arjaen van der Linde
    State Gazette act 24106650 (15-07-2024)
    Current
    01-05-2024 → present
Former directors (1)
  • Hieronymus Hielkema
    Director
    State Gazette act 24106650 (15-07-2024)
    Former
    - → 01-05-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Groothandel in machines, werktuigen en toebehoren voor de landbouw(46610)
Legal form Private limited company(610)
Incorporation13-09-2019
StatusActive
Postal code9230
Establishment units 1 location
Reesink Turfcare BE
Kwatrechtsteenweg 107, 9230 WetterenVervaardiging van machines voor de landbouw en de bosbouw
since 20192.293.292.707
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42025G0745/00M002 Flanders 8,655 m² 1 · 1,025 m² 7.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
02-07-2026
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2025
17-12-2025
NBB filing Annual accounts filed
fiscal year 2023 · verkort
09-07-2025
State Gazette act Director changes
23-05-2025
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2024
15-07-2024
State Gazette act Director changes
08-07-2024
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 1 year ago
2025
09-07-2025 6 directors appointed Director changes
  • KPMG Bedrijfsrevisoren BV/SRL, Commissaris
  • Mulkens, Vaste vertegenwoordiger
  • Timothy Speelman, Advocaat
  • Nathalie Locht, Advocaat
  • Pieter De Vos, Advocaat
  • Charlotte Vanham, Advocaat
Technical details 
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  "act_meta": {
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2024
15-07-2024 1 director appointed, 1 resigning Director changes
  • Arjaen van der Linde, Bestuurder
  • Hieronymus Hielkema, Bestuurder
Technical details 
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    },
    {
      "kind": "substantive_delegation",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Pieter De Vos",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": {
        "kbo": null,
        "name": "AKD BV",
        "address": "Marsveldplein 5, 1050 Brussel",
        "country": "BE",
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De Aandeelhouder verieent een bijzondere volmacht aan Mr. Timothy Speelman, Mr. Nathalie Locht en/of Mr. Pieter De Vos, woonstkeuze doende te AKD BV, Marsveldplein 5, 1050 Brussel om, elk afzonderlijk handelend en met de mogelijkheid tot in-de-plaatstelling, alle handelingen te stellen, verklaringen",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-07-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2024-07-03",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0734.406.497",
    "name_full": "Reesink Turfcare BE",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Pieter De Vos",
    "org_rep_person_name": null,
    "person_role_at_subject": "Gevolmachtigde"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Activities
Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in gereedschapswerktuigen46620Groothandel in gereedschapswerktuigen46620
Primary activity highlighted.
Names & trade names
Legal nameNL Reesink Turfcare BE
Registered office
Kwatrechtsteenweg 107
9230 Wetteren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 65 of 798 companies in this sector with filed accounts
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative