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REFRIPEC

Active
Rue du Saussois(FAUR) 1 ·7120 Estinnes, Belgium
KBO/BCE: BE 0764.340.105
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of REFRIPEC is 2.0% (moderate). The 2024 annual accounts show equity of €32k and a net result of €-6k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 123 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate region +

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

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-6k
Working capital€22k-70.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 03-06-2025 with the NBB · fiscal year 2024 · micro
€-20k€0€20k€40k€60kOperating result 2021: €52k€52kNet result 2021: €36k€36kOperating result 2022: €35k€35kNet result 2022: €26k€26kOperating result 2023: €29k€29kNet result 2023: €22k€22kOperating result 2024: €-5k€-5kNet result 2024: €-6k€-6k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~19.4%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k2025: €85k (€60k - €110k)2026: €95k (€55k - €135k)2027: €105k (€50k - €160k)2021: €38k2022: €64k2023: €85k2024: €32k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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 28 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 42.5% 45.1%
better than 47% of 123 sector peers
Net result €-6k €8k
better than 20% of 123 sector peers
Equity €32k €50k
better than 40% of 123 sector peers
Gross operating margin €-918 €38k
better than 16% of 123 sector peers
Total assets €75k €134k
better than 30% of 123 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P47
2021: P72 · n=492022: P86 · n=792023: P86 · n=1132024: P47 · n=1232021 2024
Stable position over 2021-2024 · n=49-123
Net result P20
2021: P61 · n=492022: P59 · n=792023: P53 · n=1132024: P20 · n=1232021 2024
Weakening position over 2021-2024 · n=49-123
Equity P40
2021: P32 · n=492022: P58 · n=792023: P67 · n=1132024: P40 · n=1232021 2024
Improving position over 2021-2024 · n=49-123
Gross operating margin P16
2021: P45 · n=492022: P47 · n=792023: P46 · n=1132024: P16 · n=1232021 2024
Weakening position over 2021-2024 · n=49-123
Describes the position versus peers, not a forecast.
EBITDA
€-2k
- far below sector median
Net profit
€-6k
- far below sector median
Cash flow
€-2k
- far below sector median
Total assets
€75k
-28.1% -87% vs sector
Equity
€32k
-62.7% -90% vs sector
Working capital
€22k
-70.2% -92% vs sector
Income taxes
€842
-88.4% -98% vs sector
Dividends
€47k
- -21% vs sector
Debt
€43k
+128.7% -89% vs sector
Debt ≤ 1y
€43k
+128.7% -82% vs sector
Current ratio
1.50
-69.1% -28% vs sector
Quick ratio
1.50
-69.1% -27% vs sector
Solvency
42.5%
-48.2% +3% vs sector
Debt / equity
1.36
+513.6% -5% vs sector
ROE
-19.5%
- far below sector median
ROA
-8.3%
- far below sector median
Interest coverage
-19.79
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-2k
Net profit€-6k
Cash flow€-2k
Staff costs-
Income taxes€842
Dividends€47k
Total assets€75k
Equity€32k
Debt€43k
of which ≤ 1y€43k
of which > 1y-
Working capital€22k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.50
Quick ratio1.50
Working capital ratio29.0%
Solvency42.5%
Debt / equity1.36
Long-term debt ratio-
Interest coverage-19.79
Gross margin-
Net margin-
ROA-8.3%
ROE-19.5%
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€75k
Fixed assets 21/28€10k
Formation expenses 20€469
Tangible fixed assets 22/27€10k
Current assets 29/58€65k
Amounts receivable within one year 40/41€14k
Investments 50/53€45k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€75k
Equity 10/15€32k
Contributions / capital 10/11€3k
Reserves 13€29k
Amounts payable 17/49€43k
Amounts payable within one year 42/48€43k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€-918
Operating result 9901€-5k
Financial charges 65€76
Result before taxes 9903€-5k
Income taxes 67/77€842
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
45 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
REFRIPEC
Boulevard de la Résistance 157, 1400 NivellesVervaardiging van industriële machines, apparaten en toestellen voor de koeltechniek
since 20212.314.228.275
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3,908 m²
Buildings2
Building footprint207 m²
Volume (LiDAR)1,645 m³
Tallest building10.9 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56024A0045/00D000 Wallonia 3,683 m² 1 · 155 m² 10.9 m · 3 fl.
25782C0076/00H011 Wallonia 224 m² 1 · 51 m² 9.6 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health45Profitability0Solvency76Growth32Stability94
49 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 45
Profitability 0
Solvency 76
Growth 32
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van machines en apparaten voor de koeltechniek en de klimaatregeling, voor niet-huishoudelijk gebruik28250Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik28250Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers77221Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers77291Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameFR REFRIPEC
Registered office
Rue du Saussois(FAUR) 1
7120 Estinnes, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.