REMBRANDT
ActiveSummary
REMBRANDT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €639k and a net result of €-6k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+55
Solvency100▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 2.11 in 2024; short-term debt: 5.4% and cash: 1.6% of total assets), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021232425
2018 to 2025 · latest year €-6k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2021
11 d early
2020
29 d early
2019
34 d late
2018
29 d late
← 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 monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€639k▼ 1.0%
2024 · €645k
2018: €204k
2019: €258k
2020: €331k
2021: €427k
2023: €687k
2024: €645k
2018 → 2025
Total assets
€848k▼ 8.8%
2024 · €930k
2018: €733k
2019: €745k
2020: €781k
2021: €848k
2023: €958k
2024: €930k
2018 → 2025
Net result
€-6k▲ 84.7%
2024 · €-41k
2018: €57k
2019: €54k
2020: €79k
2021: €96k
2023: €260k
2024: €-41k
2018 → 2025
Working capital
€75k▼ 24.3%
2024 · €99k
2018: €-314k
2019: €-262k
2020: €-204k
2021: €-123k
2023: €196k
2024: €99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€331k-€427k▲ 28.8%€687k▲ 61.0%€645k▼ 6.0%€639k▼ 1.0%
Operating result€116k-€138k▲ 19.1%€402k▲ 191%€-45k€-8k▲ 82.9%
Net result€79k-€96k▲ 21.0%€260k▲ 172%€-41k€-6k▲ 84.7%
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 €8k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €848k
Fixed assets
€728k ▼ 1.9%
Current assets
€121k ▼ 36.0%
Equity and liabilities €848k
Equity
€639k ▼ 1.0%
Provisions
€106k ▼ 0.3%
Debt
€103k ▼ 42.4%
Debt's share of the balance-sheet total falls from 19.2% to 12.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €-25k
Cash flow
€13k▲
2024 · €-21k
Current ratio
2.64▲
2024 · 2.11
Debt to equity
0.16▼
2024 · 0.28
ROE
-1.0%▲
2024 · -6.4%
ROA
-0.7%▲
2024 · -4.4%
Interest coverage
11.89▲
2024 · -18.08
Debt ≤ 1 year
€46k▼
2024 · €90k
Debt > 1 year
€57k▼
2024 · €69k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€930k€848k▼
Fixed assets21/28€742k€728k▼
Intangible fixed assets21€150k€150k=
Tangible fixed assets22/27€592k€578k▼
Land and buildings22€560k€549k▼
Furniture and vehicles24€13k€8k▼
Other tangible fixed assets26€19k€21k▲
Current assets29/58€189k€121k▼
Amounts receivable within one year40/41€31k€603▼
Trade receivables40€30k€0▼
Other amounts receivable41€1k€603▼
Current investments50/53€125k€105k▼
Cash at bank and in hand54/58€32k€13k▼
Deferred charges and accrued income490/1€190€2k▲
Equity and liabilities
Total equity and liabilities10/49€930k€848k▼
Equity10/15€645k€639k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€583k€577k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€37k€36k▼
Distributable reserves133€540k€535k▼
Provisions and deferred taxes16€107k€106k▼
Provisions for liabilities and charges160/5€97k€97k=
Pensions and similar obligations160€97k€97k=
Deferred taxes168€9k€9k▼
Amounts payable17/49€178k€103k▼
Amounts payable after more than one year17€69k€57k▼
Financial debts170/4€69k€57k▼
Amounts payable within one year42/48€90k€46k▼
Current portion of amounts payable after more than one year42€12k€12k=
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Advances received on contracts in progress46€2k€0▼
Taxes, remuneration and social security45€18€0▼
Taxes450/3€18€0▼
Other amounts payable47/48€69k€32k▼
Accrued charges and deferred income492/3€20k€0▼
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€28k€9k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€4k€22k▲
Operating profit (loss)9901€-45k€-8k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-41k€-7k▲
Transfer from deferred taxes780€309€309=
Income taxes67/77€0-
Profit (loss) for the period9904€-41k€-6k▲
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€-40k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-5k▲
Transfer from equity791/2€40k€5k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (13 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-41k ▼116%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2018net €260k ▲172%
Operating result €402k, net result €260k, both a record.
30-06
Financial
Liquidity times 8current ratio 3.36
Current ratio from 0.42 to 3.36; short-term debt falls from €213k to €83k.
30-06
Financial
Equity above €500kEq €687k ▲61%
5 profitable years in a row build equity to €687k.
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Koksijde · 1 establishment unit since 2015
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.
Tennispad(Odk) 128670 KoksijdeGround area
567 m²
Building footprint
160 m²
Volume, LiDAR
628 m³
Parcel 38018A0662/00A000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rembrandt NV
since 20152.301.956.488
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018A0662/00A000 | Flanders | 567 m² | 1 · 160 m² | 7.4 m · 1 fl. |
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.
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ALPE PROJECTS
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 2,098 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-04-1994
Fiscal year end30-06
Activities, NACEBEL 2025
70100Activities of head offices
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.