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REIVECO

Active
Private limited companyfounded 20197 yrs activeDesselgemseweg 229, 8790 Waregem, BelgiumKBO/BCE: BE 0726.355.103
Summary

REIVECO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269k and a net result of €8k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability23▲+8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
short-term debt: 0% and cash: 40.8% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 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
100%
Return on assets
3.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-04-2026, 69 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 · 7 filings
Deviation from the deadline
2025
69 d late
2024
377 d late
2023
on the day
2022
1 d early
2021
on the day
2020
2 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 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

Equity
€269k▲ 3.2%
2024 · €261k
2019: €22klowest in 7 years 2020: €94k▲ +336% vs 2019 2021: €159k▲ +68.4% vs 2020 2022: €256k▲ +61.0% vs 2021 2023: €270k▲ +5.4% vs 2022highest in 7 years 2024: €261k▼ -3.4% vs 2023 2025: €269k▲ +3.2% vs 2024
2019 → 2025
Total assets
€269k▼ 8.6%
2024 · €294k
2019: €50klowest in 7 years 2020: €130k▲ +158% vs 2019 2021: €188k▲ +44.6% vs 2020 2022: €330k▲ +75.7% vs 2021highest in 7 years 2023: €316k▼ -4.2% vs 2022 2024: €294k▼ -7.1% vs 2023 2025: €269k▼ -8.6% vs 2024
2019 → 2025
Net result
€8k
2024 · €-9k
2019: €12k 2020: €73k▲ +524% vs 2019 2021: €65k▼ -11.2% vs 2020 2022: €97k▲ +50.3% vs 2021highest in 7 years 2023: €14k▼ -85.9% vs 2022 2024: €-9k▼ -167% vs 2023lowest in 7 years 2025: €8k▲ +190% vs 2024
2019 → 2025
Working capital
€269k▲ 3.2%
2024 · €261k
2019: €22klowest in 7 years 2020: €92k▲ +325% vs 2019 2021: €156k▲ +69.2% vs 2020 2022: €254k▲ +62.8% vs 2021 2023: €270k▲ +6.3% vs 2022highest in 7 years 2024: €261k▼ -3.3% vs 2023 2025: €269k▲ +3.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€159k-€256k▲ 61.0%€270k▲ 5.4%€261k▼ 3.4%€269k▲ 3.2% 2021: €159klowest in 5 years 2022: €256k▲ +61.0% vs 2021 2023: €270k▲ +5.4% vs 2022highest in 5 years 2024: €261k▼ -3.4% vs 2023 2025: €269k▲ +3.2% vs 2024
Operating result€82k-€140k▲ 71.5%€22k▼ 84.3%€-11k€-1k▲ 88.0% 2021: €82k 2022: €140k▲ +71.5% vs 2021highest in 5 years 2023: €22k▼ -84.3% vs 2022 2024: €-11k▼ -151% vs 2023lowest in 5 years 2025: €-1k▲ +88.0% vs 2024
Net result€65k-€97k▲ 50.3%€14k▼ 85.9%€-9k€8k 2021: €65k 2022: €97k▲ +50.3% vs 2021highest in 5 years 2023: €14k▼ -85.9% vs 2022 2024: €-9k▼ -167% vs 2023lowest in 5 years 2025: €8k▲ +190% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €82k€82kNet result 2021: €65k€65kOperating result 2022: €140k€140kNet result 2022: €97k€97kOperating result 2023: €22k€22kNet result 2023: €14k€14kOperating result 2024: €-11k€-11kNet result 2024: €-9k€-9kOperating result 2025: €-1k€-1kNet result 2025: €8k€8k20212022202320242025€-20k€-10k€0€10k€20kOperating result 2023: €22k€22kNet result 2023: €14k€14kOperating result 2024: €-11k€-11kNet result 2024: €-9k€-9.2kOperating result 2025: €-1k€-1.3kNet result 2025: €8k€8.2k202320242025
The operating result stays negative: a loss of €1k in 2025 against €11k in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-1k▲
2024 · €-11k
Cash flow
€8k▲
2024 · €-9k
Solvency
100.0%▲
2024 · 88.7%
Debt to equity
0.00▼
2024 · 0.13
ROE
3.1%▲
2024 · -3.5%
ROA
3.1%▲
2024 · -3.1%
Interest coverage
-19.48▲
2024 · -36.87
Debt
€0▼
2024 · €33k
Debt ≤ 1 year
€0▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€294k€269k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€294k€269k▼
Amounts receivable within one year40/41€289€32k▲
Other amounts receivable41€289€32k▲
Current investments50/53€208k€127k▼
Cash at bank and in hand54/58€86k€110k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€294k€269k▼
Equity10/15€261k€269k▲
Contributions10/11€10k€10k=
Reserves13€260k€260k=
Distributable reserves133€260k€260k=
Profit (loss) carried forward14€-9k€-959▲
Amounts payable17/49€33k€0▼
Amounts payable within one year42/48€33k€0▼
Financial debts43€0-
Credit institutions430/8€0-
Other loans439€0-
Trade debts44€5k€0▼
Suppliers440/4€5k€0▼
Other amounts payable47/48€29k€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€300€0▼
Other operating charges640/8€115€513▲
Gross operating margin9900€-11k€-831▲
Operating profit (loss)9901€-11k€-1k▲
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€7k▲
Non-recurring financial income76B-€3k
Financial charges65/66B€297€69▼
Recurring financial charges65€297€69▼
Profit (loss) for the period before taxes9903€-9k€8k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-9k€8k▲
Profit (loss) for the period to be appropriated9905€-9k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-959▲
Profit (loss) brought forward from the previous period14P-€-9k
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Remuneration, social security and pensions62-€2k€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€422€722€602€300€0▼ 100%
Other operating charges640/8-€111€112€115€513▲ 346%
Gross operating margin9900€83k€143k€23k€-11k€-831▲ 92.3%
Operating profit (loss)9901€82k€140k€22k€-11k€-1k▲ 88.0%
Financial income75/76B-€1k€887€2k€10k▲ 308%
Recurring financial income75€4€1k€887€2k€7k▲ 196%
Non-recurring financial income76B----€3k-
Financial charges65/66B-€333€3k€297€69▼ 76.8%
Recurring financial charges65€446€333€3k€297€69▼ 76.8%
Profit (loss) for the period before taxes9903€81k€141k€20k€-9k€8k▲ 190%
Income taxes67/77€17k€44k€6k€0--
Profit (loss) for the period9904€65k€97k€14k€-9k€8k▲ 190%
Profit (loss) for the period to be appropriated9905€65k€97k€14k€-9k€8k▲ 190%
Line20212022202320242025Change
Assets
Total assets20/58€188k€330k€316k€294k€269k▼ 8.6%
Fixed assets21/28€3k€2k€300€0--
Tangible fixed assets22/27€2k€902€300€0--
Furniture and vehicles24-€902€300€0--
Financial fixed assets28€2k€2k€0---
Current assets29/58€185k€328k€316k€294k€269k▼ 8.6%
Amounts receivable within one year40/41€637€703€8k€289€32k▲ 11,099%
Other amounts receivable41-€703€8k€289€32k▲ 11,099%
Current investments50/53€160k€187k€294k€208k€127k▼ 39.0%
Cash at bank and in hand54/58€23k€139k€12k€86k€110k▲ 27.8%
Deferred charges and accrued income490/1-€390€2k€0--
Equity and liabilities
Total equity and liabilities10/49€188k€330k€316k€294k€269k▼ 8.6%
Equity10/15€159k€256k€270k€261k€269k▲ 3.2%
Contributions10/11-€10k€10k€10k€10k=
Reserves13€149k€246k€260k€260k€260k=
Distributable reserves133-€246k€260k€260k€260k=
Profit (loss) carried forward14---€-9k€-959▲ 89.6%
Amounts payable17/49€29k€74k€47k€33k€0▼ 100%
Amounts payable within one year42/48€29k€74k€47k€33k€0▼ 100%
Financial debts43-€14k€14k€0--
Credit institutions430/8-€2k€17€0--
Other loans439-€12k€14k€0--
Trade debts44€3k€12k€3k€5k€0▼ 100%
Suppliers440/4-€12k€3k€5k€0▼ 100%
Taxes, remuneration and social security45-€31k€0---
Taxes450/3-€28k€0---
Remuneration and social security454/9-€2k€0---
Other amounts payable47/48-€18k€30k€29k€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€65k€97k€14k€-9k€8k▲ 190%
+ Depreciation and write-downs630€422€722€602€300€0▼ 100%
Operating cash flow (approximation)€65k€98k€14k€-9k€8k▲ 193%
Investment in fixed assets (approximation)-€0€2k€0--
Change in cash-€116k€-127k€74k€24k▼ 67.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
10-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 69 days late
12-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 377 days late
2025
30-06
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
2024
30-06
Financial Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Highest result since 2019net €97k ▲50.3%
Operating result €140k, net result €97k, both a record.
30-06
Financial Equity above €200kEq €256k ▲61%
4 profitable years in a row build equity to €256k.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Equity above €150kEq €159k ▲68.4%
3 profitable years in a row build equity to €159k.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Liquidity doublescurrent ratio 3.59
Current ratio from 1.75 to 3.59.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial 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, Waregem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
4,293 m²
Building footprint
218 m²
Volume, LiDAR
1,169 m³
Parcel 34453D0398/00E000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
REIVECO
Desselgemseweg 229, 8790 WaregemBusiness consulting
since 20192.289.093.694
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34453D0398/00E000 Flanders 4,293 m² 1 · 218 m² 7.9 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, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 4,942 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
Founded02-05-2019
Fiscal year end30-06
Activities, NACEBEL 2025
73300Public relations and communication consultancy

Scores and ratios are computed by Checked and are not a credit decision.