REFLEK
Annual accounts 2025
micro format, filed on 13-07-2026, 18 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €960,000. Estimated: probably between €720,000 and €1.3m.
Balance sheet
balance sheet total €247,899 on 31-12-2025in euro
in euro
Position in the sector
49.3%
Higher than 53% of 35,119 companies in 2025.
1.86
Higher than 51% of 34,493 companies in 2025.
11.6%
Higher than 62% of 34,694 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
247,899 | 259,796 | 219,189 | 201,859 | 147,541 | 148,993 | 209,315 | 221,544 | 244,009 | 260,837 | 258,834 | 225,413 | 227,897 | 247,732 | 273,994 | |
21/28 |
16,530 | 28,940 | 50,602 | 70,965 | 21,978 | 52,692 | 53,310 | 166,254 | 125,895 | 134,663 | 136,620 | 135,874 | 141,871 | 147,721 | 154,849 | |
22/27 |
10,530 | 19,050 | 31,712 | 43,074 | 15,778 | 12,692 | 13,310 | 126,254 | 125,895 | 134,663 | 136,620 | 135,874 | 141,871 | 147,721 | 154,849 | |
22 |
- | - | - | - | - | - | - | 122,139 | 123,614 | 128,695 | 130,435 | 133,916 | 137,397 | 140,878 | 143,659 | |
23 |
2,167 | 2,513 | 5,817 | 3,161 | - | - | - | - | 826 | 2,600 | 3,028 | 491 | 1,350 | 3,045 | 3,837 | |
24 |
8,363 | 16,537 | 25,895 | 39,913 | 15,778 | 12,692 | 13,310 | 4,115 | 1,455 | 3,368 | 3,157 | 1,467 | 3,124 | 3,798 | 7,353 | |
28 |
6,000 | 9,891 | 18,891 | 27,891 | 6,200 | 40,000 | 40,000 | 40,000 | - | - | - | - | - | - | - | |
29/58 |
231,369 | 230,856 | 168,586 | 130,894 | 125,563 | 96,301 | 156,005 | 55,290 | 118,114 | 126,174 | 122,214 | 89,539 | 86,026 | 100,011 | 119,145 | |
3 |
27,690 | 25,392 | 31,136 | 18,482 | 30,982 | - | - | - | - | - | - | - | - | - | - | |
30/36 |
27,690 | 25,392 | 31,136 | 18,482 | 30,982 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
25,628 | 83,962 | 68,761 | 57,376 | 49,387 | 58,930 | 94,580 | 41,189 | 20,480 | 17,604 | 33,179 | 5,696 | 18,622 | 26,883 | 95,933 | |
40 |
3,268 | 50,123 | 41,697 | 47,477 | 28,599 | 6,787 | 41,329 | 24,125 | 8,487 | 13,052 | 28,998 | 2,069 | 13,089 | 18,541 | 76,918 | |
41 |
22,359 | 33,839 | 27,064 | 9,899 | 20,788 | 52,143 | 53,251 | 17,064 | 11,993 | 4,552 | 4,181 | 3,627 | 5,533 | 8,342 | 19,015 | |
54/58 |
172,929 | 118,853 | 62,425 | 53,202 | 45,193 | 36,706 | 59,722 | 13,509 | 96,766 | 102,947 | 86,082 | 80,376 | 67,404 | 73,128 | 23,212 | |
490/1 |
5,122 | 2,649 | 6,264 | 1,834 | - | 665 | 1,703 | 592 | 868 | 5,623 | 2,953 | 3,467 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
247,899 | 259,796 | 219,189 | 201,859 | 147,541 | 148,993 | 209,315 | 221,544 | 244,009 | 260,837 | 258,834 | 225,413 | 227,897 | 247,732 | 273,994 | |
10/15 |
122,140 | 93,427 | 64,603 | 64,202 | 63,188 | 70,275 | 128,703 | 70,217 | 70,530 | 61,846 | 61,072 | 46,707 | 37,566 | 32,518 | 31,028 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | |
13 |
103,540 | 74,827 | 46,003 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 800 | |
130/1 |
1,860 | 59,656 | 30,832 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 800 | |
1311 |
1,860 | 59,656 | 30,832 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
133 |
101,680 | 15,171 | 15,171 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
- | 0 | 0 | 43,742 | 42,728 | 49,815 | 108,243 | 49,757 | 50,070 | 41,386 | 40,612 | 26,247 | 17,106 | 12,058 | 11,628 | |
17/49 |
125,759 | 166,369 | 154,586 | 137,656 | 84,353 | 78,718 | 80,612 | 151,327 | 173,479 | 198,991 | 197,762 | 178,706 | 190,331 | 215,214 | 242,966 | |
17 |
1,172 | 15,406 | 29,407 | 43,179 | 30,845 | 6,407 | 10,142 | 111,989 | 120,514 | 129,434 | 137,539 | 144,245 | 150,706 | 156,915 | 162,881 | |
170/4 |
1,172 | 15,406 | 29,407 | 43,179 | 30,845 | 6,407 | 10,142 | 111,989 | 120,514 | 129,434 | 137,539 | 144,245 | 150,706 | 156,915 | 162,881 | |
42/48 |
124,587 | 150,963 | 125,179 | 94,478 | 53,508 | 31,463 | 29,545 | 18,491 | 32,121 | 50,584 | 45,166 | 33,826 | 39,001 | 57,400 | 77,722 | |
42 |
14,234 | 14,001 | 13,772 | 16,137 | 12,369 | 3,736 | 3,656 | 8,477 | 8,336 | 7,656 | 6,707 | 6,461 | 6,209 | 5,967 | 9,385 | |
44 |
72,020 | 102,401 | 63,653 | 52,913 | 22,778 | 3,285 | 4,519 | 3,124 | 19,428 | 18,579 | 15,962 | 14,802 | 16,608 | 37,722 | 49,846 | |
440/4 |
72,020 | 102,401 | 63,653 | 52,913 | 22,778 | 3,285 | 4,519 | 3,124 | 19,428 | 18,579 | 15,962 | 14,802 | 16,608 | 37,722 | 49,846 | |
45 |
37,366 | 34,562 | 27,754 | 25,428 | 18,361 | 24,442 | 21,370 | 6,890 | 4,357 | 15,785 | 19,941 | 11,051 | 14,299 | 13,235 | 10,043 | |
450/3 |
14,007 | 7,869 | 15,514 | 18,860 | 10,565 | 17,783 | 17,690 | 4,896 | 4,357 | 13,775 | 15,921 | 4,288 | 6,545 | 3,502 | 8,038 | |
454/9 |
23,359 | 26,693 | 12,239 | 6,568 | 7,796 | 6,659 | 3,680 | 1,994 | - | 2,010 | 4,020 | 6,763 | 7,754 | 9,733 | 2,005 | |
47/48 |
967 | 0 | 20,000 | - | - | - | - | - | - | 8,564 | 2,556 | 1,512 | 1,885 | 476 | 8,448 | |
492/3 |
- | - | - | - | - | 40,848 | 40,925 | 20,847 | 20,844 | 18,973 | 15,057 | 635 | 624 | 899 | 2,363 | |
| Income statement | ||||||||||||||||
76A |
- | - | 0 | 1,322 | - | - | 114,216 | - | - | - | - | - | - | - | - | |
9900 |
340,224 | 297,389 | 201,642 | 150,528 | 93,653 | -2,233 | 63,175 | 114,839 | 25,632 | 13,679 | 53,335 | 23,507 | 28,205 | 24,194 | 31,704 | |
62 |
282,806 | 236,775 | 148,413 | 125,204 | 86,217 | 42,994 | 92,640 | 94,274 | - | - | 7,471 | - | - | - | - | |
630 |
10,507 | 12,662 | 16,355 | 21,101 | 7,628 | 6,723 | 7,711 | 8,041 | 8,768 | 3,364 | 5,861 | 5,997 | 10,250 | 10,797 | 11,405 | |
640/8 |
3,273 | 2,492 | 1,442 | 1,365 | 7,790 | 7,263 | 2,000 | 9,960 | 1,286 | 2,211 | 3,033 | 2,020 | 1,764 | 1,267 | 18,259 | |
9901 |
43,637 | 45,460 | 35,432 | 2,859 | -7,982 | -59,213 | -39,176 | 2,564 | 15,578 | 8,104 | 36,970 | 15,490 | 16,191 | 12,130 | 2,040 | |
75/76B |
101 | 175 | 473 | - | 1,436 | 1,211 | 115,139 | 43 | 58 | 104 | 175 | 293 | 435 | 482 | 262 | |
75 |
101 | 175 | 473 | - | 1,436 | 1,211 | 923 | 43 | 58 | 104 | 175 | 293 | 435 | 482 | 262 | |
76B |
- | - | - | - | - | - | 114,216 | - | - | - | - | - | - | - | - | |
65/66B |
705 | 1,008 | 1,254 | 1,521 | 541 | 393 | 355 | 2,381 | 2,562 | 4,778 | 6,842 | 6,610 | 7,184 | 8,839 | 2,976 | |
65 |
705 | 1,008 | 1,254 | 1,521 | 541 | 393 | 355 | 2,381 | 2,562 | 4,778 | 6,842 | 6,610 | 7,184 | 8,839 | 2,976 | |
9903 |
43,033 | 44,626 | 34,651 | 1,338 | -7,087 | -58,395 | 75,608 | 226 | 13,074 | 3,430 | 30,303 | 9,173 | 9,442 | 3,773 | -674 | |
67/77 |
14,320 | 15,802 | 5,679 | 323 | - | 33 | 17,122 | 539 | 4,390 | 2,656 | 15,938 | 32 | 4,394 | 2,283 | 1,355 | |
9904 |
28,713 | 28,824 | 28,972 | 1,015 | -7,087 | -58,428 | 58,486 | -313 | 8,684 | 774 | 14,365 | 9,141 | 5,048 | 1,490 | -2,029 | |
9905 |
28,713 | 28,824 | 28,972 | 1,015 | -7,087 | -58,428 | 58,486 | -313 | 8,684 | 774 | 14,365 | 9,141 | 5,048 | 1,490 | -2,029 | |
| Appropriation of the result | ||||||||||||||||
9906 |
28,713 | 28,824 | 72,715 | 43,742 | 42,728 | 49,815 | 108,243 | 49,757 | 50,070 | 41,386 | 40,612 | 26,247 | 17,106 | 13,118 | 22,228 | |
14P |
- | 0 | 43,742 | 42,728 | 49,815 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
28,713 | 28,824 | 44,143 | - | - | - | - | - | - | - | - | - | - | 1,060 | 10,600 | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,600 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,060 | - | |
6921 |
28,713 | 28,824 | 44,143 | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 0 | 28,571 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 0 | 28,571 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||
9087 |
- | - | - | 2.7 | 2.2 | 1.1 | 2.1 | 2.6 | - | - | 0.1 | - | - | - | - | |
Hours worked1013 |
- | - | - | 4,052 | 3,316 | 1,681 | 3,711 | 3,842 | - | - | 304 | - | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
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 | micro format | 13-07-2026 | 2026-00283291 | |
| 31-12-2024 | micro format | 03-06-2025 | 2025-00123390 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00262120 | |
| 31-12-2022 | abbreviated format | 13-06-2023 | 2023-00138656 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20386682 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-65800322 | |
| 31-12-2019 | abbreviated format | 24-08-2020 | 2020-45100197 | |
| 31-12-2018 | abbreviated format | 26-08-2019 | 2019-51000601 | |
| 31-12-2017 | abbreviated format | 28-08-2018 | 2018-53500450 | |
| 31-12-2016 | abbreviated format | 11-09-2017 | 2017-60500519 | |
| 31-12-2015 | abbreviated format | 28-09-2016 | 2016-63200122 | |
| 31-12-2014 | abbreviated format | 26-08-2015 | 2015-51000384 | |
| 31-12-2013 | abbreviated format | 30-09-2014 | 2014-63400168 | |
| 31-12-2012 | abbreviated format | 29-10-2013 | 2013-64900310 | |
| 31-12-2011 | abbreviated format | 29-08-2012 | 2012-48900331 |
Subsidies and aid
Flemish government 2022 to 2025, 4 entries, €25,974 awarded, €25,974 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €7,500 | €7,500 |
| 2024 | 1 | €7,500 | €7,500 |
| 2023 | 1 | €7,500 | €7,500 |
| 2022 | 1 | €3,474 | €3,474 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54,144 | 58,122 | 51,787 | 23,960 | -354 | -52,490 | -31,465 | 10,605 | 24,346 | 11,468 | 42,831 | 21,487 | 26,441 | 22,927 | 13,445 | ||
| 39,220 | 41,486 | 45,327 | 22,116 | 541 | -51,705 | 66,197 | 7,728 | 17,452 | 4,138 | 20,226 | 15,138 | 15,298 | 12,287 | 9,376 | ||
| 1,988 | -9,000 | 4,993 | 70,288 | 29,967 | 12,487 | 16,907 | 48,400 | 0 | 1,407 | 6,607 | 0 | 4,400 | 3,669 | 147,755 | ||
| 54,076 | 56,428 | 9,223 | 8,008 | 8,487 | -23,016 | 46,213 | -83,257 | -6,181 | 16,865 | 5,706 | 12,972 | -5,724 | 49,916 | - | ||
| 106,782 | 79,893 | 43,408 | 36,416 | 72,054 | 64,838 | 126,460 | 36,799 | 85,993 | 75,590 | 77,048 | 55,713 | 47,025 | 42,611 | 41,423 | ||
| 49.3% | 36.0% | 29.5% | 31.8% | 42.8% | 47.2% | 61.5% | 31.7% | 28.9% | 23.7% | 23.6% | 20.7% | 16.5% | 13.1% | 11.3% | ||
| 1.86 | 1.53 | 1.35 | 1.39 | 2.35 | 3.06 | 5.28 | 2.99 | 3.68 | 2.49 | 2.71 | 2.65 | 2.21 | 1.74 | 1.53 | ||
| 1.63 | 1.36 | 1.10 | 1.19 | 1.77 | 3.06 | 5.28 | 2.99 | 3.68 | 2.49 | 2.71 | 2.65 | 2.21 | 1.74 | 1.53 | ||
| 1.03 | 1.78 | 2.39 | 2.14 | 1.33 | 1.12 | 0.63 | 2.16 | 2.46 | 3.22 | 3.24 | 3.83 | 5.07 | 6.62 | 7.83 | ||
| 23.5% | 30.9% | 44.8% | 1.6% | -11.2% | -83.1% | 45.4% | -0.4% | 12.3% | 1.3% | 23.5% | 19.6% | 13.4% | 4.6% | -6.5% | ||
| 11.6% | 11.1% | 13.2% | 0.5% | -4.8% | -39.2% | 27.9% | -0.1% | 3.6% | 0.3% | 5.5% | 4.1% | 2.2% | 0.6% | -0.7% | ||
| 76.80 | 57.63 | 41.30 | 15.76 | -0.65 | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 4 |
| full-time | 2 | 3 |
| part-time | 1 | 1 |
| in full-time equivalents | 2.7 | 3.7 |
| 2.7 | 2.2 | |
| On a permanent contract | 3 | 4 |
| Joined | - | 3 |
| Left | - | 0 |
| Training hours | - | 32 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,988 | - | €4,993 | €48,397 | €23,767 |
| Financial fixed assets | - | - | - | €21,891 | €6,200 |
| €10,507 | €12,662 | €16,355 | €21,101 | €7,628 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on REFLEK
The operating result for 2025 is 4% lower than in 2024.
Debt's share of the balance-sheet total falls from 64.0% to 50.7%. Equity is higher and debt is lower.