REFX
ActiveSummary
REFX has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €-2k. Its solvency ranks better than 58% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes
Profitability0
Solvency66
Growth-
Track record67
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.33; short-term debt: 58.6% and cash: 1.7% of total assets), and 58.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.4%
Return on assets
-23.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
34 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€3k
Total assets
€8k
Net result
€-2k
Working capital
€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €8k
Equity
€3k
Debt
€4k
Debt finances 58.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€-2k
Cash flow
€-2k
Current ratio
1.33
Quick ratio
0.11
Debt to equity
1.41
ROE
-57.0%
ROA
-23.6%
Interest coverage
-115.37
Debt ≤ 1 year
€4k
Filed annual accounts As filed with the NBB · 2024 · 26 lines
Balance sheet
Code2024
Assets
Total assets20/58€8k
Formation expenses20€2k
Current assets29/58€6k
Stocks and contracts in progress3€5k
Stocks30/36€5k
Amounts receivable within one year40/41€362
Other amounts receivable41€362
Cash at bank and in hand54/58€129
Equity and liabilities
Total equity and liabilities10/49€8k
Equity10/15€3k
Contributions10/11€5k
Profit (loss) carried forward14€-2k
Amounts payable17/49€4k
Amounts payable within one year42/48€4k
Trade debts44€144
Suppliers440/4€144
Other amounts payable47/48€4k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149
Gross operating margin9900€-2k
Operating profit (loss)9901€-2k
Financial charges65/66B€14
Recurring financial charges65€14
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €149 |
| Gross operating margin9900 | €-2k |
| Operating profit (loss)9901 | €-2k |
| Financial charges65/66B | €14 |
| Recurring financial charges65 | €14 |
| Profit (loss) for the period before taxes9903 | €-2k |
| Profit (loss) for the period9904 | €-2k |
| Profit (loss) for the period to be appropriated9905 | €-2k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €8k | |
| Formation expenses20 | €2k | |
| Current assets29/58 | €6k | |
| Stocks and contracts in progress3 | €5k | |
| Stocks30/36 | €5k | |
| Amounts receivable within one year40/41 | €362 | |
| Other amounts receivable41 | €362 | |
| Cash at bank and in hand54/58 | €129 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €8k | |
| Equity10/15 | €3k | |
| Contributions10/11 | €5k | |
| Profit (loss) carried forward14 | €-2k | |
| Amounts payable17/49 | €4k | |
| Amounts payable within one year42/48 | €4k | |
| Trade debts44 | €144 | |
| Suppliers440/4 | €144 | |
| Other amounts payable47/48 | €4k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €-2k |
| + Depreciation and write-downs630 | €149 |
| Operating cash flow (approximation) | €-2k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bouillon · 1 establishment unit since 2024
Ground area
3,644 m²
Building footprint
484 m²
Parcel 84062B0071/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
REFX
since 20242.360.001.783
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84062B0071/00N000 | Wallonia | 3,644 m² | 1 · 484 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BUNKY
BE 0456.411.625
Sint-Pieters-Woluwe · Eq €3,187
VVM TIELT
BE 0873.352.762
Tielt · Eq €3,177
NYV
BE 1016.693.325
Vilvoorde · Eq €3,177
Ruben Vandoorne
BE 0805.086.934
Pittem · Eq €3,176
THOMAS MARIËN PROJECTEN
BE 0805.466.224
Nijlen · Eq €3,172
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 1,703 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
82990Other business support services
Contact
E-mail
refx@outlook.be
Phone
+32473955160
Scores and ratios are computed by Checked and are not a credit decision.