REIPCGAME
ActiveThe computed 12-month bankruptcy probability of REIPCGAME is 2.1% (moderate). The 2025 annual accounts show negative equity (€-119k) and a net result of €-27k. Equity is shrinking by ~52.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 7993 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-3
Solvency14▼-4
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.77 in 2024; short-term debt: 57.9% and cash: 12.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 2025Solvency, return and age of the figures
Solvency
-10.7%
Return on assets
-2.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-119k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
34 d early
2023
28 d early
2022
48 d early
2021
25 d late
← 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-27k
2024 · €2k
2021: €-16k
2022: €-119k
2023: €-84k
2024: €2k
2021 → 2025
Working capital
€-154k▲ 5.0%
2024 · €-162k
2021: €310k
2022: €-62k
2023: €-146k
2024: €-162k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€-10k€-94k▼ 841%€-92k▲ 1.6%€-119k▼ 28.9%
Operating result€-3k-€-101k▼ 3,569%€-64k▲ 37.3%€25k€-6k
Net result€-16k-€-119k▼ 628%€-84k▲ 29.3%€2k€-27k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €25k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€625k▼ 15.3%
Current assets
€492k▼ 10.5%
Key figures and ratios
EBITDA
€123k▼
2024 · €158k
Cash flow
€103k▼
2024 · €134k
Solvency
-10.7%▼
2024 · -7.2%
Current ratio
0.76▼
2024 · 0.77
Quick ratio
0.40▼
2024 · 0.46
Debt / equity
-10.38▲
2024 · -14.94
ROA
-2.4%▼
2024 · 0.1%
Interest coverage
6.08▼
2024 · 6.68
Debt
€1.24M▼
2024 · €1.38M
Debt ≤ 1 year
€647k▼
2024 · €713k
Debt > 1 year
€590k▼
2024 · €648k
Income taxes
€141▼
2024 · €148
Staff costs
€329k▼
2024 · €448k
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€1.29M€1.12M▼
Fixed assets21/28€738k€625k▼
Tangible fixed assets22/27€736k€622k▼
Land and buildings22€4k€4k▼
Plant, machinery and equipment23€551€1k▲
Furniture and vehicles24€41k€24k▼
Other tangible fixed assets26€691k€592k▼
Financial fixed assets28€2k€4k▲
Current assets29/58€550k€492k▼
Stocks and contracts in progress3€226k€233k▲
Stocks30/36€226k€233k▲
Amounts receivable within one year40/41€95k€66k▼
Trade receivables40€52k€14k▼
Other amounts receivable41€43k€52k▲
Cash at bank and in hand54/58€214k€143k▼
Deferred charges and accrued income490/1€16k€51k▲
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.12M▼
Equity10/15€-92k€-119k▼
Contributions10/11€125k€125k=
Profit (loss) carried forward14€-217k€-244k▼
Amounts payable17/49€1.38M€1.24M▼
Amounts payable after more than one year17€648k€590k▼
Financial debts170/4€648k€590k▼
Amounts payable within one year42/48€713k€647k▼
Current portion of amounts payable after more than one year42€127k€94k▼
Financial debts43€18k-
Credit institutions430/8€18k-
Trade debts44€478k€439k▼
Suppliers440/4€478k€439k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€65k€53k▼
Taxes450/3€271€281▲
Remuneration and social security454/9€64k€52k▼
Other amounts payable47/48€25k€59k▲
Accrued charges and deferred income492/3€20k€19▼
Income statement
Code20242025
Non-recurring operating income76A-€300
Remuneration, social security and pensions62€448k€329k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€129k▼
Other operating charges640/8€305€2k▲
Gross operating margin9900€606k€454k▼
Operating profit (loss)9901€25k€-6k▼
Financial income75/76B€135€0▼
Recurring financial income75€135€0▼
Financial charges65/66B€24k€20k▼
Recurring financial charges65€24k€20k▼
Profit (loss) for the period before taxes9903€2k€-27k▼
Income taxes67/77€148€141▼
Profit (loss) for the period9904€2k€-27k▼
Profit (loss) for the period to be appropriated9905€2k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-217k€-244k▼
Profit (loss) brought forward from the previous period14P€-219k€-217k▲
Social balance
Average headcount (FTE)908712.611.0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Binche · 1 establishment unit since 2021
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.
Chaussée Brunehault(RES) 1417134 BincheGround area
4,530 m²
Building footprint
1,097 m²
Parcel 56063A0014/00L005, Wallonia. Linked by address, not a title deed.
1 establishment unit
REIPCGAME
since 20212.310.676.293
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56063A0014/00L005 | Wallonia | 4,530 m² | 1 · 1,097 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
1 siteBinche2.310.676.293
Similar companies · same sector, comparable size
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2PARFIN
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2D
BE 0748.511.287
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,964 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2020
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
46389Wholesale of other food products
46499Wholesale of other household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.