REFONTIRO
Dissolution or liquidationFinancials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 27-07-2026 at the NBB all 18 filings
Equity
-€381
2026 · €768,586
Total assets
€766,345▼ 2.0%
2026 · €781,835
Net result
-€2,241
2026 · €46,593
Working capital
-€381
2026 · €768,586
Multi-year overview
2018 to 2026, 10 financial yearsOperating result
-€2,291
2026
20182026
Net result
-€2,241
2026
20182026
Equity
-€381
2026
20182026
Total assets
€766,345
2026
20182026
Debt
€766,726
2026
20182026
Working capital
-€381
2026
20182026
Staff (FTE)
no figure
2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024202520262026
Operating result€76,787-€30,190▼ 60.7%-€16,299€127,033€184,450▲ 45.2%€144,217▼ 21.8%€297,736▲ 106%€166,243▼ 44.2%€61,874▼ 62.8%-€2,291-
Net result€55,429-€19,765▼ 64.3%-€11,468€99,429€130,736▲ 31.5%€96,535▼ 26.2%€216,715▲ 124%€163,328▼ 24.6%€46,593▼ 71.5%-€2,241-
Equity€312,424-€332,089▲ 6.3%€303,599▼ 8.6%€265,876▼ 12.4%€326,120▲ 22.7%€395,279▲ 21.2%€558,666▲ 41.3%€721,994▲ 29.2%€768,586▲ 6.5%-€381-
Total assets€320,609-€343,844▲ 7.2%€323,812▼ 5.8%€321,464▼ 0.7%€359,086▲ 11.7%€444,007▲ 23.6%€618,846▲ 39.4%€771,565▲ 24.7%€781,835▲ 1.3%€766,345-
Debt€8,185-€11,755▲ 43.6%€20,213▲ 72.0%€55,588▲ 175%€32,966▼ 40.7%€48,728▲ 47.8%€60,181▲ 23.5%€49,572▼ 17.6%€13,248▼ 73.3%€766,726-
Working capital€288,045-€315,316▲ 9.5%€271,552▼ 13.9%€242,060▼ 10.9%€308,910▲ 27.6%€386,355▲ 25.1%€555,702▲ 43.8%€720,115▲ 29.6%€768,586▲ 6.7%-€381-
Staff (FTE)1.2-0.8▼ 33.3%0.9▲ 12.5%0.7▼ 22.2%1▲ 42.9%0.8▼ 20.0%1.3▲ 62.5%1.3=1.3=
Several financial years end in the same calendar year, so there is no annual trend.
Large changes and their cause
- 2026 Net result -71% on 2025. This financial year ran 6 months, the previous one 12.
- 2024 Net result +124% on 2023. The accounts now follow the abbreviated format, last year the micro format.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Key figures and ratios
Solvency
0.0%▼
2026 · 98.3%
Current ratio
1.00▼
2026 · 59.01
ROA
-0.3%▼
2026 · 6.0%
Debt ≤ 1 year
€766,726▲
2026 · €13,248
Income taxes
€0▼
2026 · €20,890
Staff costs
€0▼
2026 · €867
The equity ratios are withheld because equity of -€381 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | - |
| full-time | - | 0 | 1 | - |
| part-time | 1 | 1 | 0 | - |
| in full-time equivalents | 0.8 | 0.8 | 1 | - |
| Average over the year, in full-time equivalents | 0.7 | 0.8 | 1.3 | 1 |
| On a permanent contract | 1 | 1 | 1 | - |
| Joined | - | - | 2 | 0 |
| Left | - | - | 2 | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 | 29-06-2026 | 16-07-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,609 | €1,714 | - | - |
| Depreciation and write-downs of the year | €8,286 | €7,569 | €2,799 | €0 | - |
Source: notes to the 2023 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €41 awardedAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | - | €16,495 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €29,616 | €37,208 | €60,232 | €34,899 | €867 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,339 | €11,097 | €16,084 | €8,231 | €9,350 | €8,286 | €7,569 | €2,799 | €0 | - | - |
| Other operating charges640/8 | - | - | - | - | €1,140 | €1,880 | €1,271 | €1,148 | €505 | €0 | - |
| Non-recurring operating charges66A | - | - | - | - | €10,100 | €0 | - | - | €279 | - | - |
| Gross operating margin9900 | €141,421 | €87,513 | €40,436 | €170,536 | €234,656 | €191,590 | €366,808 | €205,088 | €63,525 | -€2,291 | - |
| Operating profit (loss)9901 | €76,787 | €30,190 | -€16,299 | €127,033 | €184,450 | €144,217 | €297,736 | €166,243 | €61,874 | -€2,291 | - |
| Financial income75/76B | - | - | - | - | €2,113 | €1,118 | €7,474 | €54,239 | €6,025 | €89 | - |
| Recurring financial income75 | €184 | €169 | €2 | €971 | €2,113 | €1,118 | €7,474 | €54,239 | €6,025 | €89 | - |
| Financial charges65/66B | - | - | - | - | €120 | €309 | €578 | €1,157 | €416 | €39 | - |
| Recurring financial charges65 | €81 | €1,970 | €103 | €1,198 | €120 | €309 | €578 | €1,157 | €416 | €39 | - |
| Profit (loss) for the period before taxes9903 | €76,890 | €28,389 | -€11,359 | €126,806 | €186,443 | €145,026 | €304,631 | €219,325 | €67,483 | -€2,241 | - |
| Income taxes67/77 | €21,461 | €8,624 | €109 | €27,377 | €55,707 | €48,491 | €87,916 | €55,997 | €20,890 | €0 | - |
| Profit (loss) for the period9904 | €55,429 | €19,765 | -€11,468 | €99,429 | €130,736 | €96,535 | €216,715 | €163,328 | €46,593 | -€2,241 | - |
| Profit (loss) for the period to be appropriated9905 | €55,429 | €19,765 | -€11,468 | €99,429 | €130,736 | €96,535 | €216,715 | €163,328 | €46,593 | -€2,241 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Total assets20/58 | €320,609 | €343,844 | €323,812 | €321,464 | €359,086 | €444,007 | €618,846 | €771,565 | €781,835 | €766,345 | - |
| Fixed assets21/28 | €24,379 | €16,773 | €32,047 | €23,816 | €17,210 | €8,924 | €2,963 | €1,879 | €0 | - | - |
| Tangible fixed assets22/27 | €24,079 | €16,773 | €32,047 | €23,816 | €17,210 | €8,924 | €2,963 | €1,879 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,100 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €16,110 | €8,924 | €2,963 | €1,879 | €0 | - | - |
| Financial fixed assets28 | €300 | - | - | - | - | - | - | - | - | - | - |
| Current assets29/58 | €296,230 | €327,071 | €291,765 | €297,648 | €341,876 | €435,082 | €615,883 | €769,687 | €781,835 | €766,345 | - |
| Amounts receivable within one year40/41 | €16,652 | €38,338 | €1,685 | €21,442 | €20,337 | €12,590 | €51,640 | €1,246 | €8,225 | €6,095 | - |
| Trade receivables40 | - | - | - | - | €20,337 | €12,590 | €51,640 | €1,246 | €4,029 | €1,872 | - |
| Other amounts receivable41 | - | - | - | - | - | - | - | - | €4,196 | €4,223 | - |
| Current investments50/53 | €49,669 | €108,209 | €94,893 | €98,337 | €146,222 | €264,243 | €264,178 | €598,883 | €0 | - | - |
| Cash at bank and in hand54/58 | €227,279 | €177,414 | €192,738 | €175,771 | €172,006 | €157,614 | €295,960 | €164,475 | €773,610 | €760,250 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €3,311 | €635 | €4,105 | €5,082 | €0 | - | - |
| Equity and liabilities | |||||||||||
| Total equity and liabilities10/49 | €320,609 | €343,844 | €323,812 | €321,464 | €359,086 | €444,007 | €618,846 | €771,565 | €781,835 | €766,345 | - |
| Equity10/15 | €312,424 | €332,089 | €303,599 | €265,876 | €326,120 | €395,279 | €558,666 | €721,994 | €768,586 | -€381 | - |
| Contributions10/11 | €6,200 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €0 | - |
| Reserves13 | €306,224 | €325,889 | €308,867 | €259,676 | €319,920 | €389,079 | €552,466 | €715,794 | €762,386 | €0 | - |
| Non-distributable reserves130/1 | - | - | - | - | €1,860 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - | - | - | - | - | - |
| Other1319 | - | - | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €318,060 | €389,079 | €552,466 | €715,794 | €762,386 | €0 | - |
| Profit (loss) carried forward14 | - | - | -€11,468 | - | - | €0 | €0 | €0 | - | -€381 | - |
| Amounts payable17/49 | €8,185 | €11,755 | €20,213 | €55,588 | €32,966 | €48,728 | €60,181 | €49,572 | €13,248 | €766,726 | - |
| Amounts payable within one year42/48 | €8,185 | €11,755 | €20,213 | €55,588 | €32,966 | €48,728 | €60,181 | €49,572 | €13,248 | €766,726 | - |
| Financial debts43 | - | - | - | - | - | - | €562 | €462 | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €562 | €462 | €0 | - | - |
| Trade debts44 | €974 | €5,436 | €5,633 | €8,227 | €6,642 | €13,320 | €11,202 | €18,549 | €0 | - | - |
| Suppliers440/4 | - | - | - | - | €6,642 | €13,320 | €11,202 | €18,549 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €23,409 | €34,213 | €47,159 | €29,873 | €12,784 | €0 | - |
| Taxes450/3 | - | - | - | - | €20,159 | €28,790 | €40,776 | €29,873 | €12,784 | €0 | - |
| Remuneration and social security454/9 | - | - | - | - | €3,250 | €5,423 | €6,383 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €2,915 | €1,196 | €1,257 | €688 | €464 | €766,726 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,429 | €19,765 | -€11,468 | €99,429 | €130,736 | €96,535 | €216,715 | €163,328 | €46,593 | -€2,241 | - |
| + Depreciation and write-downs630 | €10,339 | €11,097 | €16,084 | €8,231 | €9,350 | €8,286 | €7,569 | €2,799 | €0 | - | - |
| Operating cash flow (approximation) | €65,768 | €30,862 | €4,616 | €107,660 | €140,086 | €104,821 | €224,285 | €166,127 | €46,593 | -€2,241 | - |
| Investment in fixed assets (approximation) | - | -€3,491 | -€31,358 | €0 | -€2,744 | -€0 | -€1,609 | -€1,714 | €1,879 | - | - |
| Change in cash | - | -€49,865 | €15,324 | -€16,967 | -€3,765 | -€14,392 | €138,346 | -€131,485 | €609,135 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 16-07-2026 | abbreviated format | 27-07-2026 | 2026-00343642 | |
| 29-06-2026 | abbreviated format | 14-07-2026 | 2026-00296418 | |
| 31-12-2025 | abbreviated format | 27-03-2026 | 2026-00066813 | |
| 31-12-2024 | abbreviated format | 11-04-2025 | 2025-00069243 | |
| 31-12-2023 | micro format | 17-04-2024 | 2024-00064369 | |
| 31-12-2022 | micro format | 07-04-2023 | 2023-00055566 | |
| 31-12-2021 | micro format | 28-03-2022 | 2022-08900050 | |
| 31-12-2020 | micro format | 22-03-2021 | 2021-08100600 | |
| 31-12-2019 | micro format | 28-04-2020 | 2020-10100191 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-24500407 |