REGINA 5
ActiveREGINA 5 has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €880k and a net result of €51k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▲+1
Solvency40▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 29% and cash: 0.1% of total assets), and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.3%
Return on assets
0.9%
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
49 d early
2022
34 d early
2021
45 d early
2020
66 d early
2019
52 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k▼ 11.0%
2023 · €58k
2018: €17k
2019: €-84k
2020: €207
2021: €29k
2022: €26k
2023: €58k
2018 → 2024
Working capital
€-1.65M▼ 2.9%
2023 · €-1.61M
2018: €-612k
2019: €-1.21M
2020: €-1.42M
2021: €-1.49M
2022: €-1.55M
2023: €-1.61M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€716k-€745k▲ 4.0%€771k▲ 3.5%€828k▲ 7.5%€880k▲ 6.2%
Operating result€82k-€107k▲ 30.9%€105k▼ 2.3%€141k▲ 34.2%€139k▼ 1.4%
Net result€207-€29k▲ 13,911%€26k▼ 11.0%€58k▲ 124%€51k▼ 11.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.75M
Fixed assets
€5.73M▼ 2.8%
Current assets
€14k▲ 30.4%
Equity and liabilities €5.75M
Equity
€880k▲ 6.2%
Debt
€4.87M▼ 4.2%
The debt ratio falls from 86.0% to 84.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€310k▼
2023 · €316k
Cash flow
€223k▼
2023 · €233k
Solvency
15.3%▲
2023 · 14.0%
Current ratio
0.01▲
2023 · 0.01
Quick ratio
0.01▲
2023 · 0.01
Debt / equity
5.53▼
2023 · 6.14
ROE
5.8%▼
2023 · 7.0%
ROA
0.9%▼
2023 · 1.0%
Interest coverage
4.37▲
2023 · 4.17
Debt
€4.87M▼
2023 · €5.08M
Debt ≤ 1 year
€1.67M▲
2023 · €1.62M
Debt > 1 year
€3.20M▼
2023 · €3.46M
Income taxes
€17k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.91M€5.75M▼
Fixed assets21/28€5.90M€5.73M▼
Tangible fixed assets22/27€5.90M€5.73M▼
Land and buildings22€5.86M€5.70M▼
Plant, machinery and equipment23€35k€36k▲
Furniture and vehicles24€789-
Current assets29/58€11k€14k▲
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€3k€1k▼
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€5.91M€5.75M▼
Equity10/15€828k€880k▲
Contributions10/11€807k€807k=
Capital10€807k€807k=
Issued capital100€807k€807k=
Reserves13€1k€4k▲
Non-distributable reserves130/1€1k€4k▲
Legal reserve130€1k€4k▲
Profit (loss) carried forward14€20k€69k▲
Amounts payable17/49€5.08M€4.87M▼
Amounts payable after more than one year17€3.46M€3.20M▼
Financial debts170/4€3.46M€3.20M▼
Amounts payable within one year42/48€1.62M€1.67M▲
Current portion of amounts payable after more than one year42€275k€277k▲
Trade debts44€26k€33k▲
Suppliers440/4€26k€33k▲
Taxes, remuneration and social security45€7k€24k▲
Taxes450/3€7k€24k▲
Other amounts payable47/48€1.31M€1.33M▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€171k▼
Other operating charges640/8€40k€43k▲
Gross operating margin9900€356k€353k▼
Operating profit (loss)9901€141k€139k▼
Financial charges65/66B€76k€71k▼
Recurring financial charges65€76k€71k▼
Profit (loss) for the period before taxes9903€65k€68k▲
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€58k€51k▼
Profit (loss) for the period to be appropriated9905€58k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€72k▲
Profit (loss) brought forward from the previous period14P€-37k€20k▲
Transfer to equity691/2€1k€3k▲
To the legal reserve6920€1k€3k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €58k ▲124%
Operating result €141k, net result €58k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €207
Net result €207 after one loss-making year.
31-12
Financial
Equity above €500kEq €716k
Equity rises from €-30k to €716k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-84k ▼585%
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Ukkel · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Diesdellelaan 571180 UkkelGround area
1,292 m²
Building footprint
644 m²
Volume, LiDAR
10,879 m³
2 parcels, Brussels · tallest building 36.4 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
REGINA 5
since 20142.229.669.219
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0259/00V007 | Brussels | 838 m² | 1 · 199 m² | 11.5 m · 2 fl. |
| 21443A0271/00A002 | Brussels | 454 m² | 1 · 445 m² | 36.4 m · 11 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
GALLEE CONCEPT
BE 0474.045.730
Saint-Ghislain · Eq €880k
PRETS BARRIERE ASSURANCES
BE 0429.975.759
Ukkel · Eq €879k
Bauhaus Projects
BE 0721.714.543
Veurne · Eq €881k
Pallet
BE 0789.546.841
Mechelen · Eq €878k
ICE ECO-QUARTIER
BE 0698.862.531
Bastogne · Eq €877k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,087 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-04-2014
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
68311Real estate activities
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.