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REHAN

Active
Private limited company (pre-2019)founded 201016 yrs activeOudenaardsesteenweg(Kor) 101, 8500 Kortrijk, BelgiumKBO/BCE: BE 0829.232.412

REHAN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €8k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
78 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-37
Solvency95▼-5
Growth72=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 9.2 in 2024; short-term debt: 29.9% and cash: 81.5% of total assets), and 29.9% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.1%
Return on assets
8.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
31 d early
2023
27 d late
2022
21 d late
2021
29 d late
2020
10 d late
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€933k▲ 7.1%
2024 · €871k
2018: €549k 2019: €544k 2020: €338k 2021: €390k 2022: €583k 2023: €753k 2024: €871k
2018 → 2025
EBIT margin
1.2%▼ 0.6pp
2024 · 1.8%
2018: 0.7% 2019: 0.8% 2020: 1.3% 2021: 1.3% 2022: 1.4% 2023: 2.4% 2024: 1.8%
2018 → 2025
Net result
€8k▼ 45.4%
2024 · €15k
2018: €3k 2019: €3k 2020: €3k 2021: €4k 2022: €6k 2023: €15k 2024: €15k
2018 → 2025
Working capital
€65k▲ 14.9%
2024 · €57k
2018: €9k 2019: €12k 2020: €16k 2021: €20k 2022: €26k 2023: €41k 2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€390k-€583k▲ 49.5%€753k▲ 29.2%€871k▲ 15.6%€933k▲ 7.1%
Equity€23k-€29k▲ 26.4%€44k▲ 51.2%€59k▲ 35.5%€68k▲ 14.3%
Operating result€5k-€8k▲ 58.6%€18k▲ 121%€16k▼ 14.7%€11k▼ 26.6%
Net result€4k-€6k▲ 59.6%€15k▲ 145%€15k▲ 4.8%€8k▼ 45.4%
Result per fiscal year
Operating resultNet result
€0€5k€10k€15k€20kOperating result 2021: €5k€5kNet result 2021: €4k€4kOperating result 2022: €8k€8kNet result 2022: €6k€6kOperating result 2023: €18k€18kNet result 2023: €15k€15kOperating result 2024: €16k€16kNet result 2024: €15k€15kOperating result 2025: €11k€11kNet result 2025: €8k€8k20212022202320242025
The operating result has fallen two years in a row; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets €3k=
Current assets €94k▲ 48.0%
Equity and liabilities €96k
Equity €68k▲ 14.3%
Debt €29k▲ 319%
The debt ratio rises from 10.4% to 29.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
70.1%
2024 · 89.6%
Current ratio
3.25
2024 · 9.20
Quick ratio
2.72
2024 · 8.20
Debt / equity
0.43
2024 · 0.12
ROE
12.5%
2024 · 26.2%
ROA
8.8%
2024 · 23.5%
Debt
€29k
2024 · €7k
Debt ≤ 1 year
€29k
2024 · €7k
Income taxes
€3k
Staff costs
€15k
2024 · €64k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€66k€96k
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€63k€94k
Stocks and contracts in progress3€7k€15k
Stocks30/36€7k€15k
Cash at bank and in hand54/58€57k€79k
Equity and liabilities
Total equity and liabilities10/49€66k€96k
Equity10/15€59k€68k
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€50k€58k
Amounts payable17/49€7k€29k
Amounts payable within one year42/48€7k€29k
Trade debts44€1k€14k
Suppliers440/4€1k€14k
Taxes, remuneration and social security45€6k€14k
Taxes450/3€4k€9k
Remuneration and social security454/9€1k€5k
Income statement Code20242025
Turnover70€871k€933k
Goods, raw materials, services and sundry goods60/61€789k€905k
Remuneration, social security and pensions62€64k€15k
Other operating charges640/8€3k€2k
Gross operating margin9900€82k€28k
Operating profit (loss)9901€16k€11k
Financial charges65/66B€162€220
Recurring financial charges65€162€220
Profit (loss) for the period before taxes9903€15k€11k
Income taxes67/77-€3k
Profit (loss) for the period9904€15k€8k
Profit (loss) for the period to be appropriated9905€15k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€50k€58k
Profit (loss) brought forward from the previous period14P€34k€50k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €15k ▲4.8%
Net result €15k, the highest in the series.
31-12
Financial Liquidity quadruplescurrent ratio 9.20
Current ratio from 2.24 to 9.20; short-term debt falls from €33k to €7k.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
10-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-01-2023 Azfal Begum Muhammad Imran: Resigned as Director
16-10-2015 GHEGA Yasir Arfat: Resigned as Manager
16-10-2015 MIRZA Usman Ali: Resigned as Manager
Location & real-estate footprint
Registered office, Kortrijk · 2 establishment units since 2010
establishment All 2 establishment units on the map
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.

Oudenaardsesteenweg(Kor) 1018500 Kortrijk
Ground area
439 m²
Building footprint
335 m²
Volume, LiDAR
2,094 m³
2 parcels, Flanders · tallest building 15.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rehan
Oudenaardsesteenweg(Kor) 101, 8500 KortrijkRetail trade
since 20102.194.958.065
REHAN NACHT WINKEL
Doorniksewijk(Kor) 129, 8500 KortrijkRetail trade
since 20152.243.427.975
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34353B0220/00L009 Flanders 370 m² 1 · 266 m² 11.3 m · 1 fl.
34354C0074/00D000 Flanders 69 m² 1 · 69 m² 15.6 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Kortrijk2.194.958.065
1 permission
Toelating · Detailhandel · since 07-01-2012
Kortrijk2.243.427.975
1 permission
Detailhandel LM>3 maand · since 10-07-2015

Similar companies · same sector, comparable size

Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,673 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded14-09-2010
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.