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Complete company report
Generated 25-07-2026
Active BE 0429.583.405Public limited company

REGEL

Rue Charles Catala 78 ·1460 Ittre, Belgium· 39 yrs active
Conclusion Checked

The file of REGEL contains 1 judicial reorganisation and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2020 annual accounts show equity of €3.48M and a net result of €-707k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €3.48M
Net result €-707k
Active 39 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health37Profitability0Solvency61Growth32Stability52
36 / 100

Fragile profile, watch profitability in particular.

Health 37
Profitability 0
Solvency 61
Growth 32
Stability 52
Bankruptcy probability (12 mo) Checked model v1 · free
≥ 25% High
0%0,5%1,5%4%10%≥25%
Judicial reorganisation on record +Recent warning signals +No NACE activity registered +

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

Risk Assessment rule-based
13 / 100
Moderate risk
Components
· 1 judicial reorganisation (+10)
· 1 administrative flag (+3)
Trust signals 1 signals
In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Administrative Flags 1 events
Late accounts filing
Health barometer FY 2020 · computed
37 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 03-03-2022 with the NBB · fiscal year 2020 · volledig
€-750k€-500k€-250k€0€250kOperating result 2019: €221k€221kNet result 2019: €-645k€-645kOperating result 2020: €39k€39kNet result 2020: €-707k€-707k20192020
Operating resultNet result
EBITDA
€156k
-54.0% 19-20
Net profit
€-707k
-9.6% 19-20
Cash flow
€-590k
-12.1% 19-20
Total assets
€13.23M
-1.8% 19-20
Equity
€3.48M
-2.4% 19-20
Working capital
€757k
+15.1% 19-20
Income taxes
€94k
- 19-20
Debt
€8.78M
-0.6% 19-20
Debt ≤ 1y
€5.65M
-3.9% 19-20
Debt > 1y
€3.07M
+4.2% 19-20
Current ratio
1.13
+2.0% 19-20
Quick ratio
1.13
+2.0% 19-20
Solvency
26.3%
-0.6% 19-20
Debt / equity
0.88
+6.8% 19-20
ROE
-20.3%
-12.4% 19-20
ROA
-5.3%
-11.7% 19-20
Figures by fiscal year
Fiscal year2020
Revenue-
EBITDA€156k
Net profit€-707k
Cash flow€-590k
Staff costs-
Income taxes€94k
Dividends-
Total assets€13.23M
Equity€3.48M
Debt€8.78M
of which ≤ 1y€5.65M
of which > 1y€3.07M
Working capital€757k
Employees (FTE)-
Ratios (computed)
2020
Current ratio1.13
Quick ratio1.13
Working capital ratio5.7%
Solvency26.3%
Debt / equity0.88
Long-term debt ratio0.88
Interest coverage-
Gross margin-
Net margin-
ROA-5.3%
ROE-20.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€13.23M
Fixed assets 21/28€6.82M
Tangible fixed assets 22/27€1.48M
Financial fixed assets 28€5.33M
Current assets 29/58€6.41M
Amounts receivable within one year 40/41€2.86M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€13.23M
Equity 10/15€3.48M
Contributions / capital 10/11€2.74M
Reserves 13€1.45M
Accumulated profits (losses) 14€-707k
Provisions & deferred taxes 16€965k
Amounts payable 17/49€8.78M
Amounts payable after one year 17€3.07M
Amounts payable within one year 42/48€5.65M
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€92k
Operating result 9901€39k
Financial income 75€56k
Financial charges 65€102k
Result before taxes 9903€-6k
Income taxes 67/77€94k
Net result for the period 9904€-87k
Result to be appropriated 9905€-62k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation09-10-1986
StatusActive
Postal code1460
First BS signal 30-05-2022
Latest BS signal 30-05-2022
Establishment units 1 location
REGEL
Zijdeweverijstraat 52, 1190 VorstVerhuur van woningen, exclusief sociale woningen
since 19862.034.854.815
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21384D0019/00X002 Brussels 4,703 m² 1 · 120 m² 9.8 m · 2 fl.
25108B0640/00T002 Wallonia 745 m² 1 · 52 m² 10.8 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.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-09-2025
KBO administration Late accounts filing
2023
09-06-2023
State Gazette act Registered-office change
Olivier Brouwers
2022
30-05-2022
Judicial reorganisation Opening
Tribunal de l’entreprise du Brabant wallon · amiable · event 23-05-2022
03-03-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
30-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2018
11-07-2018
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2017
10-01-2017
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
28-10-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
29-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
07-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
24-08-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
2011
24-08-2011
NBB filing Annual accounts filed
fiscal year 2010 · volledig
2010
31-08-2010
NBB filing Annual accounts filed
fiscal year 2009 · volledig
Lifecycle & Insolvency Signals 2 events
08-09-2025
KBO administration Late accounts filing
 · Publications in State Gazette ↗
30-05-2022
Judicial reorganisation Opening
Date: 23-05-2022 · Tribunal de l’entreprise du Brabant wallon · amiable · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-05-30 · Judicial reorganisation · Opening2025-09-08 · KBO administration · Late accounts filing
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
09-06-2023
Registered-office move
All acts · 1 updated 3 years ago
2023
09-06-2023 Registered office moved from Lasne to Iltre Registered-office change·Olivier Brouwers
  • Rue d'Alaumont 24 : 1380 Lasne → Rue Charles Catala, 78 à 1460 Ittre
Notary: Olivier Brouwers
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue Charles Catala, 78 \u00E0 1460 Ittre",
        "city": "Iltre",
        "region": "waals_gewest",
        "street": "Rue Charles Catala",
        "country": "BE",
        "postcode": "1460",
        "box_number": null,
        "street_number": "78",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Rue d\u0027Alaumont 24 : 1380 Lasne",
        "city": "Lasne",
        "region": "waals_gewest",
        "street": "Rue d\u0027Alaumont",
        "country": "BE",
        "postcode": "1380",
        "box_number": null,
        "street_number": "24",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "D\u00E9cision de transf\u00E9rer le si\u00E8ge de la soci\u00E9t\u00E9 \u00E0 l\u2019adresse suivante : \u2022 Rue Charles Catala, 78 \u00E0 1460 Ittre",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Olivier Brouwers",
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-06-09",
    "filing_date": "2023-06-07",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2023-05-02",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0429.583.405",
    "name_full": "REGEL",
    "legal_form": "SA"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Olivier Brouwers",
    "org_rep_person_name": null,
    "person_role_at_subject": "Mandataire"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch Staatsblad - 09/06/2023 - Annexes du Moniteur belge"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR REGEL
Registered office
Rue Charles Catala 78
1460 Ittre, Belgium
Registration history
  1. 08-09-2025 Late accounts filing
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative