Skip to content

REIN4CED

In bankruptcy Public limited companyfounded 2015Diependaalweg 4a, 3020 HerentKBO/BCE: BE 0597.747.256
REIN4CED
Follow Report

Curator

the curator has managed the company since 29-12-2025
Ilse Van de Mierop
Curator, Wolstraat 70, 1000 Brussel 1
Also on 202 other cases

Last board

2 directors, 1 in day-to-day management, 1 auditor, no change since 2025
CAPRICORN PARTNERS NV
Director (not named in the articles), permanent representative Ludwig GORIS
since 01-04-2021 6-year term from 2021
also on the board of 13 other companies
listed in the 2024 annual accounts, filed on 02-06-2025
Participatiemaatschappij Vlaanderen NV
Director (not named in the articles), permanent representative Lieven DE JONGE
since 08-04-2022 6-year term from 2022
also on the board of 47 other companies
listed in the 2024 annual accounts, filed on 02-06-2025
3 other companies bankrupt
YeYe BV
Chief executive officer (ceo), oftewel persoon belast met het dagelijks bestuur, permanent representative Johan Miermans
appointed by deed of 10-01-2023 6-year term from 2022
PKF Bofidi Audit
Statutory auditor, permanent representative Jeroen Rans
appointed by deed of 06-11-2020
Day-to-day management
YeYe
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 17. Externe vertegenwoordigingsmacht De Vennootschap wordt in al haar handelingen, met inbegrip van de vertegenwoordiging in rechte…”
deed of 04-08-2025
Permanent representatives 3
Ludwig GORIS
Permanent representative, for CAPRICORN PARTNERS
appointed by deed of 14-04-2021
Lieven DE JONGE
Permanent representative, for Participatiemaatschappij Vlaanderen
appointed by deed of 14-04-2022
Johan Miermans
Permanent representative, for YeYe
appointed by deed of 10-01-2023

Office holders in the KBO →

Mandates through the years

19 names, the dashed line is today
Show
CAPRICORN PARTNERS
Director (not named in the articles)
Participatiemaatschappij Vlaanderen
Director (not named in the articles)
YeYe
Chief executive officer (ceo), oftewel persoon belast met het dagelijks bestuur
PKF Bofidi Audit
Statutory auditor
INVEST FOR JOBS
Director (not named in the articles)
LK INVESTMENT
Director
Alexis PONNOURADJOU
Class C director
FYEN William François Maria
Director
MG Callens
CEO and managing director
Alexis PANNOURADJOU
Director (not named in the articles)
DDB Management Services BV
Director
DDBCO
Director
De Greef M&C
Class A director
MAKE CARBON WORK
Class A director
TKMC BVBA
Director
CALLENS Michaël Guy Annie Emmanuël Martine
Manager
Dave LUYCKX
Manager
DE GREEF Niels
Manager
MEERTEN Yannick
Manager
LeadershipBoardStatutory auditorEarliermandate already running before its first mentionBankruptcy 29-12-2025
Mandates as a list
  • CAPRICORN PARTNERS
    • Director (not named in the articles), from 01-04-2021, until the bankruptcy of 29-12-2025
  • Participatiemaatschappij Vlaanderen
    • Director (not named in the articles), from before 31-12-2021, until the bankruptcy of 29-12-2025
  • YeYe
    • Chief executive officer (ceo), oftewel persoon belast met het dagelijks bestuur, appointed by deed of 10-01-2023, until the bankruptcy of 29-12-2025
  • PKF Bofidi Audit
    • Statutory auditor, appointed by deed of 06-11-2020, until the bankruptcy of 29-12-2025
  • INVEST FOR JOBS
    • Director (not named in the articles), from before 31-12-2021 to 18-07-2025
  • LK INVESTMENT
    • Director, appointed by deed of 09-01-2018, until 14-04-2021
    • Director, until 31-05-2023
  • Alexis PONNOURADJOU
    • Class C director, appointed by deed of 09-01-2018, until 17-05-2023
  • FYEN William François Maria
    • Class C director, appointed by deed of 09-01-2018, until 14-04-2021
    • Director, until 17-05-2023
  • MG Callens
    • Class A director, appointed by deed of 09-01-2018, until 14-04-2021
    • CEO and managing director, appointed by deed of 01-02-2018, until 26-09-2022
  • Alexis PANNOURADJOU
    • Director (not named in the articles), from before 01-04-2021 to 14-04-2021
  • DDB Management Services BV
    • Director, appointed by deed of 20-08-2018, until 14-04-2021
  • DDBCO
    • Director, appointed by deed of 20-08-2018, until 14-04-2021
  • De Greef M&C
    • Class A director, appointed by deed of 09-01-2018, until 14-04-2021
  • MAKE CARBON WORK
    • Class A director, appointed by deed of 09-01-2018, until 14-04-2021
  • TKMC BVBA
    • Director, until 15-06-2018
  • CALLENS Michaël Guy Annie Emmanuël Martine
    • Manager, appointed by deed of 18-02-2015, until 15-12-2017
  • Dave LUYCKX
    • Manager, appointed by deed of 03-02-2017, until 15-12-2017
  • DE GREEF Niels
    • Manager, appointed by deed of 18-02-2015, until 15-12-2017
  • MEERTEN Yannick
    • Manager, appointed by deed of 18-02-2015, until 19-08-2016

Control

Shareholder
FININDUS
Equity €180.4m
Loss €3.4m in 2025 (loss €321,079 in 2024)
35.65%
This company
REIN4CED
Equity €58,052
Loss €5.4m in 2024

and 2 other shareholders

Capital

Capital
€8,653,916.26
Shares
3,287,712 in the deed of 22-07-2024 and 5 later capital increases
Contribution per share
€2.63
Equity per share
€0.02 in 2024
Source
deed of 10-11-2025

Owners through the years

as the annual accounts name them
FININDUS
19.1%
35.65%
Capricorn SCF
19.5%21.7%
21.7%
INVEST FOR JOBS
16.72% until 2024
INNOVATION FUND
19.1%18.8%14%6.26%
6.26% until 2024
Participatiemaatschappij Vlaanderen
13.76% until 2023
GEMMA FRISIUS-FONDS KU LEUVEN
19.1%10.11%
10.11% until 2023
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-08-2025 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At most 6 directors
Term of at most 6 years
“Gewone meerderheid van stemmen, bestuurder blijft in functie tot zolang de algemene vergadering hem niet heeft vervangen”
deed of 04-08-2025 (in Dutch)
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Alle Kapitaalaandelen zijn op naam. Zij worden ingeschreven in een register van aandelen op naam dat op de vennootschapszetel wordt…”
“De Raad van Bestuur kan besluiten om het register van Kapitaalaandelen elektronisch bij te houden. De overdracht van aandelen op naam wordt…”
“Alle andere Effecten dan Kapitaalaandelen zijn op naam en voorzien van een volgnummer. Zij worden ingeschreven in het register van effecten…”
“Alle Effecten zijn ondeelbaar. Indien een Effect aan verscheidene eigenaars toebehoort, heeft de Vennootschap het recht de uitoefening van…”
deed of 31-05-2023 (in Dutch)
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Stabiele aandeelhoudersstructuur, geen Overdracht in strijd met Statuten”
“Recht van Eerste Aanbod, wens tot Overdracht in een of reeks verbonden verrichtingen”
“Georganiseerde Exit Procedure en Georganiseerde Secundaire Aankoop, 11.4bis”
“Pro rata Kapitaalaandelen x gedeeld door y, niet-ingeschreven pro rata deelnemers ronde2”
“Enkel VGR Portie, VGR Prijs”
“Overdracht van titel Volgrecht, VGR Prijs berekend volgens 11.3.2 en 11.3.3 met aanpassing”
“Voorrangsregeling Volgrecht, Overdracht ingevolge Volgplicht,Georganiseerde Exit Procedure,Georganiseerde Secundaire Aankoop,Vrije…”
“Alle bezeten Effecten verkopen aan mogelijke overnemer, Bod op 100%Effecten in een of meerdere keren”
“Bona fide verkoop tegen marktvoorwaarden,overnemer kan aandeelhouder zijn, prijs per type Effect gelijk voor alle houders van dat type”
“Kennisgeving uitoefening Volgplicht, artikel 18 Aandeelhoudersovereenkomst”
“Voorrangsregeling Volgplicht, Recht van Eerste Aanbod en Volgrecht niet van toepassing op Overdracht ingevolge Volgplicht”
“Vrije Overdracht aan Verbonden Entiteiten, zonder 11.1,11.2,11.3,11.4”
“11.1 tot en met 11.4 niet van toepassing, artikel 9 Aandeelhoudersovereenkomst”
“Datum voorgestelde Overdracht, wijze artikel 18 Aandeelhoudersovereenkomst”
deed of 22-07-2024 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of May at 19:00
deed of 04-08-2025 (in Dutch)
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Indien er meerdere vereffenaars worden benoemd, besluit de algemene vergadering of zij alleen, gezamenlijk, dan wel als college de…”
deed of 04-08-2025 (in Dutch)

Shareholders

3 owners

Owners 3

Capital transactions

Shareholders according to the deeds
After 3 capital increases deed of 04-08-2025 ↗
  • FININDUS NV 26,321 shares · €175,479.45
  • Capricorn SCF NV 16,437 shares · €109,584.91
  • QUEST FOR GROWTH NV 9,862 shares · €65,750.71
After the capital increase deed of 24-07-2025 ↗
  • FININDUS NV 54,808 shares · €2,192,359.01
  • Capricorn SCF NV 42,350 shares · €1,694,027.20
  • QUEST FOR GROWTH NV 25,410 shares · €1,016,411.65
  • Participatiemaatschappij Vlaanderen NV 9,860 shares · €394,401.92
  • INVEST FOR JOBS NV 17,667 shares · €706,702.60
Stated in the deed deed of 22-07-2024 ↗
After 2 capital increases deed of 31-05-2023 ↗
Stated in the deed deed of 31-05-2023 ↗
After the capital increase deed of 14-04-2022 ↗
Show 5 older mentions
After the capital increase deed of 13-01-2022 ↗
Stated in the deed deed of 13-01-2022 ↗
After 9 capital increases deed of 14-04-2021 ↗
Stated in the deed deed of 14-04-2021 ↗
At incorporation deed of 18-02-2015 ↗
Capital over time
  1. 10-11-2025 Capital increase of €674,990 · to €8,653,916.26 · 67,499 new shares at €10 per share · in cash
  2. 04-08-2025 Capital increase of €350,815.07 · to €6,753,936.26 · 52,620 new shares · in kind
  3. 04-08-2025 Capital increase of €1,224,990 · to €7,978,926.26 · 122,499 new shares at €10 per share · in cash
  4. 04-08-2025 Capital increase of €1,224,990 · 122,499 new shares
  5. 24-07-2025 Capital increase of €6,003,902.39 · to €6,403,121.19 · 150,095 new shares
  6. 22-07-2024 Capital stated in the deed · 2,772,500 shares
  7. 15-05-2024 Capital increase of €0.05 · to €399,218.80 · 130,359 new shares, 7.5% of the 1,727,234 shares after the increase · in cash
  8. 31-05-2023 Capital increase of €75,987.25 · to €399,218.75 · 303,949 new shares, 19% of the 1,596,875 shares after the increase · in cash
Show 17 older capital entries
  1. 14-04-2022 Capital increase of €79,778.50 · to €323,231.50 · 319,114 new shares, 24.7% of the 1,292,926 shares after the increase · in cash
  2. 13-01-2022 Capital increase of €79,778 · to €243,453 · 319,112 new shares · in cash
  3. 14-04-2021 Capital increase · 39,912 new shares · in kind
  4. 14-04-2021 Capital increase · 50,983 new shares · in kind
  5. 14-04-2021 Capital increase · 50,983 new shares · in kind
  6. 14-04-2021 Capital increase of €35,469.50 · to €163,675 · 141,878 new shares, 21.7% of the 654,700 shares after the increase · in kind
  7. 14-04-2021 Capital increase of €4,138,031.99 · to €4,301,706.99 · no new shares · from reserves
  8. 14-04-2021 Capital increase of €4,138,031.99 · to €4,301,706.99 · no new shares · from reserves
  9. 14-04-2021 Capital reduction of €4,138,031.99 · to €163,675 · “aanzuivering van geleden verliezen”
  10. 14-04-2021 Capital increase of €37,230 · 148,920 new shares · in cash
  11. 23-12-2020 Capital increase of €42,812
  12. 22-10-2018 Capital increase of €25,829.25 · to €90,975.50 · 103,317 new shares, 28.4% of the 363,902 shares after the increase
  13. 09-01-2018 Capital increase of €23,233.50 · to €60,733.50 · 92,934 new shares · in cash
  14. 09-01-2018 Capital increase of €3,073.50 · to €63,807 · 12,294 new shares · in kind
  15. 09-01-2018 Capital increase of €1,339.25 · to €65,146.25 · 5,357 new shares · in kind
  16. 03-02-2017 Capital increase of €12,500 · to €37,500 · 50 new shares, 33.3% of the 150 shares after the increase
  17. 18-02-2015 Incorporation · €25,000 · 100 shares

The directors' other companies

1 last director with another company that went bankrupt, was dissolved or struck off

3 other companies of this director went bankrupt (2023, 2025, 2026).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Next steps

See who ran this company and where its registered office was, on a date of your choice.Company as of a date See what became of the directors' other companies.Supplier due diligence

We would like to set cookies. That happens only with your consent. What we measure