Equity
-€2,145
Debts exceed assets in financial year 2025.
REFACO
Lifetime
2 annual accounts with figures on one time axispeak €15,616 (2025)
€15,616▲ 192%
lowest -€6,350 (2024)
-€1,794▲ €4,556
peak -€350 (2024)
-€2,145▼ €1,794
€74,318▼ 26.0%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €5,341 to €15,616Loss of €1,794Equity from -€350 to -€2,145Debts from €100,441 to €74,318
Key points
from the 2025 annual accountsLosses
-€8,145 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €150,000 estimated
The micro format states no turnover.
Debts
€74,318 103% of the balance sheet
Financial debts 51%Suppliers 3%Taxes and wages 2%Other 44%
Of this, €11,214 falls due within a year.
Liquidity
4.84 was 2.93 in 2024
Short-term debts fell from €25,426 to €11,214.
Position in the sector
-€2,145
Less equity than 80% of companies in wholesale trade. Sector median €58,174 · 15,461 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,554 companies had the same profile as REFACO has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 1,554 companies, not a prediction for REFACO. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 150 sharesdeed of 03-07-2023
- 150 sharesdeed of 03-07-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803381615
Incorporation
Founding capital of €6,000, 300 shares · Founders: and · Appointments: (director) and (director) · published on 03-07-2023 · Gazette deed
First establishment
Merelstraat 17, Bocholt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REFACO Bocholt | €72,174 | €15,616 | -3.0% | - |
| North Crown Rumst | €63,404 | €13,843 | 61.5% | - |
| I & MODE Anderlecht | €76,304 | €25,508 | 50.1% | - |
| CUMULUS RAINWEAR Evere | €56,345 | €7,843 | 35.7% | - |
| DESTOCK KING Molenbeek-Saint-Jean | €139,337 | €15,376 | -41.8% | 1 |
| ILAMENA Brussels | €106,493 | €27,325 | 21.2% | - |
| DOMALE SERVICES Grez-Doiceau | €137,872 | €11,738 | 19.8% | - |
These companies have the same main activity as REFACO: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €56,300 and €139,000, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 29-06-2023Normal situation
- Activity
- Wholesale of clothing, excluding workwear and underwearNACE 46423and 3 others
- Establishment unit
- 2.347.206.2953950 Bocholt, since 29-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Annual accounts 2025
- €72,174▼ 27.9%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on REFACO
The 2025 annual accounts show negative equity (-€2,145) and a net result of -€1,794. Its solvency ranks better than 19% of 15,428 sector peers (NACE 46, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 REFACO
- What is the company number of REFACO?
- The company number of REFACO is 0803.381.615. The VAT number is the same number with BE in front: BE 0803.381.615.
- Where is REFACO based?
- The registered office is at Merelstraat 17, 3950 Bocholt.Company details
- What does REFACO do?
- According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
- What is the legal form of REFACO?
- REFACO is a private limited company (BV).
- When was REFACO founded?
- REFACO was founded on 29-06-2023.
- Is REFACO still active?
- Yes, REFACO is an active enterprise in the KBO register.
- What is the turnover of REFACO?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €15,616 and 41 comparable companies (NACE 464). It probably lies between €79,000 and €630,000. It is a rough estimate.Financials
- Is REFACO profitable?
- In financial year 2025, REFACO made a loss of €1,794.
- Where can I find the annual accounts of REFACO?
- REFACO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of REFACO due?
- REFACO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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