REI
ActiveSummary
The computed 12-month bankruptcy probability of REI is 7.6% (elevated). For REI, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €136,359 and a net result of €98,634. Equity is growing by ~101.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 16694 sector peers (fiscal year 2022). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability100▲+1
Solvency77▲+5
Growth85=
Track record100
Bankruptcy probability, 12 months
7.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 2022Solvency, return and age of the figures
Solvency
52.5%
Return on assets
38%
Age of the figures
45 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-12-2023, 135 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
135 d late
2021
18 d late
2020
104 d late
2019
474 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 183 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€157,395▲ 49.5%
2020 · €105,277
EBIT margin
18.4%▲ 11.9pp
2020 · 6.4%
Net result
€98,634▲ 363%
2021 · €21,311
Working capital
€132,335▲ 215%
2021 · €42,063
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€73,645-€78,471▲ 6.6%€105,277▲ 34.2%€157,395▲ 49.5%
Operating result€1,058-€3,548▲ 235%€6,783▲ 91.2%€28,946▲ 327%€149,168▲ 415%
Net result€679-€3,383▲ 398%€6,152within the sector's middle half▲ 81.9%€21,311within the sector's middle half▲ 246%€98,634above the sector's middle half▲ 363%
EBIT margin1.4%-4.5%▲ 3.1pp6.4%▲ 1.9pp18.4%▲ 11.9pp
Equity€6,879-€10,261▲ 49.2%€16,413within the sector's middle half▲ 60.0%€37,724within the sector's middle half▲ 130%€136,359above the sector's middle half▲ 261%
Total assets€27,201-€22,200▼ 18.4%€34,517below the sector's middle half▲ 55.5%€80,843within the sector's middle half▲ 134%€259,762above the sector's middle half▲ 221%
Debt€20,322-€11,939▼ 41.3%€18,104▲ 51.6%€43,118▲ 138%€123,403▲ 186%
Working capital-€1,354-€2,695€7,924within the sector's middle half▲ 194%€42,063above the sector's middle half▲ 431%€132,335above the sector's middle half▲ 215%
Solvency25.3%-46.2%▲ 20.9pp47.6%within the sector's middle half▲ 1.3pp46.7%within the sector's middle half▼ 0.9pp52.5%within the sector's middle half▲ 5.8pp
Current ratio0.93-1.23▲ 0.291.44within the sector's middle half▲ 0.212.50above the sector's middle half▲ 1.062.42above the sector's middle half▼ 0.08
Return on assets (ROA)2.5%-15.2%▲ 12.7pp17.8%above the sector's middle half▲ 2.6pp26.4%above the sector's middle half▲ 8.5pp38.0%above the sector's middle half▲ 11.6pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2022 is 415% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €259,762
Fixed assets
€34,023 ▲ 219%
Current assets
€225,738 ▲ 222%
Equity and liabilities €259,762
Equity
€136,359 ▲ 261%
Debt
€123,403 ▲ 186%
Debt's share of the balance-sheet total falls from 53.3% to 47.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156,959▲
2021 · €30,074
Cash flow
€106,425▲
2021 · €22,439
Quick ratio
2.40▼
2021 · 2.50
Debt to equity
0.90▼
2021 · 1.14
ROE
72.3%▲
2021 · 56.5%
Interest coverage
93.48▼
2021 · 223.00
Debt ≤ 1 year
€93,403▲
2021 · €28,118
Debt > 1 year
€30,000▲
2021 · €15,000
Income taxes
€55,150▲
2021 · €7,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €73,645 | €78,471 | €105,277 | €157,395 | - | - |
| Non-recurring operating income76A | - | - | - | €2,050 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €126,547 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €667 | €667 | €462 | €1,128 | €7,791 | ▲ 591% |
| Other operating charges640/8 | - | - | - | €2,013 | €9,402 | ▲ 367% |
| Non-recurring operating charges66A | - | - | - | €810 | - | - |
| Gross operating margin9900 | €2,602 | €4,754 | €10,153 | €32,898 | €166,361 | ▲ 406% |
| Operating profit (loss)9901 | €1,058 | €3,548 | €6,783 | €28,946 | €149,168 | ▲ 415% |
| Financial income75/76B | - | - | - | - | €6,296 | - |
| Recurring financial income75 | - | - | - | - | €6,296 | - |
| Financial charges65/66B | - | - | - | €135 | €1,679 | ▲ 1,145% |
| Recurring financial charges65 | €4 | €151 | €237 | €135 | €1,679 | ▲ 1,145% |
| Profit (loss) for the period before taxes9903 | €1,028 | €3,383 | €6,546 | €28,811 | €153,785 | ▲ 434% |
| Income taxes67/77 | €349 | - | €394 | €7,500 | €55,150 | ▲ 635% |
| Profit (loss) for the period9904 | €679 | €3,383 | €6,152 | €21,311 | €98,634 | ▲ 363% |
| Profit (loss) for the period to be appropriated9905 | €679 | €3,383 | €6,152 | €21,311 | €98,634 | ▲ 363% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,201 | €22,200 | €34,517 | €80,843 | €259,762 | ▲ 221% |
| Fixed assets21/28 | €8,233 | €7,567 | €8,490 | €10,662 | €34,023 | ▲ 219% |
| Tangible fixed assets22/27 | €1,333 | €667 | €1,590 | €462 | €23,823 | ▲ 5,062% |
| Plant, machinery and equipment23 | - | - | - | - | €769 | - |
| Furniture and vehicles24 | - | - | - | €462 | €23,055 | ▲ 4,895% |
| Financial fixed assets28 | €6,900 | €6,900 | €6,900 | €10,200 | €10,200 | = |
| Current assets29/58 | €18,968 | €14,634 | €26,028 | €70,181 | €225,738 | ▲ 222% |
| Amounts receivable after more than one year29 | - | - | - | - | €188,762 | - |
| Other amounts receivable291 | - | - | - | - | €188,762 | - |
| Stocks and contracts in progress3 | €2,000 | €1,000 | - | - | €1,750 | - |
| Stocks30/36 | - | - | - | - | €1,750 | - |
| Amounts receivable within one year40/41 | €849 | €749 | €5,275 | €12,577 | €15,994 | ▲ 27.2% |
| Trade receivables40 | - | - | - | €10,148 | €15,994 | ▲ 57.6% |
| Other amounts receivable41 | - | - | - | €2,429 | - | - |
| Current investments50/53 | - | - | €20,753 | - | - | - |
| Cash at bank and in hand54/58 | €16,022 | €12,885 | - | €57,604 | €12,142 | ▼ 78.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €7,091 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,201 | €22,200 | €34,517 | €80,843 | €259,762 | ▲ 221% |
| Equity10/15 | €6,879 | €10,261 | €16,413 | €37,724 | €136,359 | ▲ 261% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €68 | €1,068 | €1,068 | €1,068 | €99,702 | ▲ 9,239% |
| Non-distributable reserves130/1 | - | - | - | €1,068 | €1,068 | = |
| Reserves not available under the articles1311 | - | - | - | €1,068 | €1,068 | = |
| Distributable reserves133 | - | - | - | - | €98,634 | - |
| Profit (loss) carried forward14 | €611 | €2,994 | €9,146 | €30,457 | €30,457 | = |
| Amounts payable17/49 | €20,322 | €11,939 | €18,104 | €43,118 | €123,403 | ▲ 186% |
| Amounts payable after more than one year17 | - | - | - | €15,000 | €30,000 | ▲ 100% |
| Financial debts170/4 | - | - | - | €15,000 | - | - |
| Other amounts payable178/9 | - | - | - | - | €30,000 | - |
| Amounts payable within one year42/48 | €20,322 | €11,939 | €18,104 | €28,118 | €93,403 | ▲ 232% |
| Trade debts44 | €14,150 | €8,701 | €12,190 | €18,044 | €22,783 | ▲ 26.3% |
| Suppliers440/4 | - | - | - | €18,044 | €22,783 | ▲ 26.3% |
| Taxes, remuneration and social security45 | - | - | - | €8,243 | €66,793 | ▲ 710% |
| Taxes450/3 | - | - | - | €8,243 | €66,793 | ▲ 710% |
| Other amounts payable47/48 | - | - | - | €1,831 | €3,826 | ▲ 109% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €679 | €3,383 | €6,152 | €21,311 | €98,634 | ▲ 363% |
| + Depreciation and write-downs630 | €667 | €667 | €462 | €1,128 | €7,791 | ▲ 591% |
| Operating cash flow (approximation) | €1,345 | €4,049 | €6,614 | €22,439 | €106,425 | ▲ 374% |
| Investment in fixed assets (approximation) | - | €0 | -€1,385 | -€3,300 | -€31,153 | ▼ 844% |
| Change in cash | - | -€3,137 | - | - | -€45,462 | - |
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
2026
04-06
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- Registered-office move, Rue Dethy 101, 1060 Bruxelles
- General meeting, à l'unanimité, transfert du siège social
- Power of attorney, Huygens Francis
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 135 days late
2022
31-12
Financial
Highest result since 2018net €98,634 ▲363%
Operating result €149,168, net result €98,634, both a record.
31-12
Financial
Equity above €100,000Eq €136,359 ▲261%
5 profitable years in a row build equity to €136,359.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 474 days late
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 104 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
16 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 2 establishment units since 2018
Ground area
140 m²
Building footprint
136 m²
Volume, LiDAR
1,713 m³
2 parcels, Brussels · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
"Au Vieux Chemin"
since 20182.273.977.334
Bar Café Butrinti
since 20212.315.744.544
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0017/00H007 | Brussels | 75 m² | 1 · 73 m² | 16.1 m · 5 fl. |
| 21562A0290/00G000 | Brussels | 64 m² | 1 · 63 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 sitesSint-Gillis2.273.977.334
Vorst2.315.744.544
Similar companies · same sector, comparable size
RAMUS
BE 0879.291.538
Gent · Eq €136,358
De Val
BE 0799.456.875
Heusden-Zolder · Eq €136,392
Eetcafé Den Os
BE 0694.706.377
Maarkedal · Eq €136,312
SAFIR 03
BE 0647.999.194
Sint-Gillis (bij-Brussel) · Eq €136,422
ROUNGNAK-GROUP
BE 0474.891.610
Antwerpen · Eq €136,197
Of 14,001 companies in sector 56301 we hold annual accounts for 4,899. 3,441 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
Founded19-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0688682083
Registered
16-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.