REINS
ActiveSummary
The computed 12-month bankruptcy probability of REINS is 5.4% (elevated). For REINS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€1.1m) and a net result of -€106,198. Equity is shrinking by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 33676 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58▲+26
Track record92
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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 2023Solvency, return and age of the figures
Solvency
-205.3%
Return on assets
-20.6%
Age of the figures
33 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-07-2025, 337 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
337 d late
2022
703 d late
2021
1068 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 703 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
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Financials · fiscal year 2023, micro schema
Equity
-€1.1m▼ 8.1%
2022 · -€977,423
Total assets
€514,632▼ 9.3%
2022 · €567,651
Net result
-€106,198▲ 82.0%
2022 · -€589,169
Working capital
-€1.1m▼ 8.1%
2022 · -€977,423
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result-€368,653--€575,791▼ 56.2%-€98,326▲ 82.9%
Net result-€393,254below the sector's middle half--€589,169below the sector's middle half▼ 49.8%-€106,198below the sector's middle half▲ 82.0%
Equity-€388,254below the sector's middle half--€977,423below the sector's middle half▼ 152%-€1.1mbelow the sector's middle half▼ 8.1%
Total assets€849,972above the sector's middle half-€567,651above the sector's middle half▼ 33.2%€514,632above the sector's middle half▼ 9.3%
Debt€1.2m-€1.5m▲ 24.8%€1.6m▲ 1.7%
Working capital-€388,254below the sector's middle half--€977,423below the sector's middle half▼ 152%-€1.1mbelow the sector's middle half▼ 8.1%
Solvency-45.7%below the sector's middle half--172.2%below the sector's middle half▼ 126.5pp-205.3%below the sector's middle half▼ 33.1pp
Current ratio0.69below the sector's middle half-0.37below the sector's middle half▼ 0.320.33below the sector's middle half▼ 0.04
Return on assets (ROA)-46.3%below the sector's middle half--103.8%below the sector's middle half▼ 57.5pp-20.6%below the sector's middle half▲ 83.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 stays negative: a loss of €98,326 in 2023 against €575,791 in 2022; the loss shrinks.
Key figures and ratios
Debt to equity
-1.49▲
2022 · -1.58
Debt ≤ 1 year
€1.6m▲
2022 · €1.5m
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €448 | €2,429 | €3,442 | ▲ 41.7% |
| Gross operating margin9900 | -€368,205 | -€573,362 | -€94,884 | ▲ 83.5% |
| Operating profit (loss)9901 | -€368,653 | -€575,791 | -€98,326 | ▲ 82.9% |
| Financial income75/76B | €2,348 | €937 | €317 | ▼ 66.1% |
| Recurring financial income75 | €2,348 | €937 | €317 | ▼ 66.1% |
| Financial charges65/66B | €26,950 | €14,315 | €8,188 | ▼ 42.8% |
| Recurring financial charges65 | €26,950 | €14,315 | €8,188 | ▼ 42.8% |
| Profit (loss) for the period before taxes9903 | -€393,254 | -€589,169 | -€106,198 | ▲ 82.0% |
| Income taxes67/77 | - | - | €0 | - |
| Profit (loss) for the period9904 | -€393,254 | -€589,169 | -€106,198 | ▲ 82.0% |
| Profit (loss) for the period to be appropriated9905 | -€393,254 | -€589,169 | -€106,198 | ▲ 82.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €849,972 | €567,651 | €514,632 | ▼ 9.3% |
| Current assets29/58 | €849,972 | €567,651 | €514,632 | ▼ 9.3% |
| Amounts receivable within one year40/41 | €498,076 | €560,825 | €507,294 | ▼ 9.5% |
| Trade receivables40 | €495,576 | €558,325 | €493,351 | ▼ 11.6% |
| Other amounts receivable41 | €2,500 | €2,500 | €13,943 | ▲ 458% |
| Cash at bank and in hand54/58 | €351,896 | €6,826 | €7,338 | ▲ 7.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €849,972 | €567,651 | €514,632 | ▼ 9.3% |
| Equity10/15 | -€388,254 | -€977,423 | -€1.1m | ▼ 8.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€393,254 | -€982,423 | -€1.1m | ▼ 8.0% |
| Amounts payable17/49 | €1.2m | €1.5m | €1.6m | ▲ 1.7% |
| Amounts payable within one year42/48 | €1.2m | €1.5m | €1.6m | ▲ 1.7% |
| Current portion of amounts payable after more than one year42 | €169,961 | €0 | - | - |
| Trade debts44 | €774,810 | €797,942 | €762,505 | ▼ 4.4% |
| Suppliers440/4 | €774,810 | €797,942 | €762,505 | ▼ 4.4% |
| Advances received on contracts in progress46 | - | €27,175 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €49,888 | €5,333 | €0 | ▼ 100% |
| Taxes450/3 | €49,888 | €5,333 | €0 | ▼ 100% |
| Other amounts payable47/48 | €243,566 | €714,623 | €808,574 | ▲ 13.1% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€393,254 | -€589,169 | -€106,198 | ▲ 82.0% |
| Operating cash flow (approximation) | -€393,254 | -€589,169 | -€106,198 | ▲ 82.0% |
| Change in cash | - | -€345,071 | €513 | ▲ 100% |
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
2025
08-08
KBO administration
Strikeout withdrawn
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 337 days late
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 703 days late
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1068 days late
2022
31-12
Financial
Weakest financial yearnet -€589,169
Net result drops to -€589,169, the lowest in the series; recovery starts the following year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Maaseik · 1 establishment unit since 2020
Ground area
731 m²
Building footprint
102 m²
Volume, LiDAR
698 m³
Parcel 72021A1553/00H000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
REINS
since 20202.302.931.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1553/00H000 | Flanders | 731 m² | 1 · 102 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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INTEXON
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
41003General construction of other non-residential buildings
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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747717372
Also
9925:BE0747717372
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.