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REOR

Active Private limited company (pre-2019)founded 2012active for 14 yearsRue des Minières 43, 5650 WalcourtKBO/BCE: BE 0848.103.167
REOR
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Overview

Lifetime

13 annual accounts with figures on one time axis
peak €27,676 (2014)
€2,148▼ 70.2%
lowest -€4,413 (2020)
€110▼ 97.9%
peak €12,306 (2014)
€8,681▲ 1.3%
€613▼ 62.3%
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €7,210 to €2,148Result from €5,352 to €110Debts from €1,628 to €613Cash from €639 to €46

Key points

from the 2025 annual accounts

Liquidity

11.69 was 4.06 in 2024

Short-term debts fell from €1,628 to €613.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Six of the last ten came late. The 2021 accounts came latest: 29 days after the end of the period.

Position in the sector

€8,681

Less equity than 83% of companies in head offices and management consultancy. Sector median €79,320 · 41,285 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,915 companies had the same profile as REOR has now. Each dot stands for 28 companies, two years later.

95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,915 companies, not a prediction for REOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0848103167
Registered office moved from Walcourt to Fraire New registered office: Rue des Minières nr 43, 5650 Fraire · Previous registered office: Rue de La Marbrerie 17, 5650 Walcourt, Belgique · General meeting of 19-01-2015 · Gazette deed
First establishment Rue de la Marbrerie 17, Walcourt
Incorporation published on 29-08-2012 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
REOR Walcourt €9,294 €2,148 93.4% -
OFER CONSULTING Uccle €11,023 €2,235 -725.9% -
STRAT&GO CONSULTING SERVICES Ciney €10,707 €3,406 61.4% -
CINEREGIE Liège €13,855 €2,362 -386.9% -
Silk Road Trading Partners Aartselaar €8,482 €3,105 28.5% -
ARCIDI Conseil Schaerbeek €8,067 €3,231 100.0% -
Wl-Elysian Berlaar €12,212 €2,394 -567.7% -

These companies have the same main activity as REOR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €8,070 and €13,900, founded between 2010 and 2016.

Official details

Source: KBO
Status
Active since 14-08-2012Normal situation
Activity
Business and other management consultancyNACE 70200and 4 others
Establishment unit
2.211.711.8465650 Walcourt, since 20-08-2012
Financial year end
31 December
Peppol
Reachable since 13-12-2025
Company details

Annual accounts 2025

€2,148▼ 70.2%
≈ €9,700estimated
€110▼ 97.9%
€8,681▲ 1.3%
€9,294▼ 8.9%
Filing
Filed on 17-08-2026
Financials

Insights on REOR

REOR files the micro format. That format states no turnover. The gross margin fell from €10,222 in 2013 to €2,148 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-08-2026, 17 days late
€2,148
▼ 70.2%
€409
▼ 92.7%
€110
▼ 97.9%
€6,558
▲ 31.5%
93.4%
▲ 9.4 percentage points
11.69
▲ 7.63

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €9,700. Estimated: probably between €4,400 and €19,000.

Balance sheet

balance sheet total €9,294 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

93.4%

Higher than 92% of 41,246 companies in 2025.

11.69

Higher than 91% of 39,815 companies in 2025.

1.2%

Higher than 23% of 40,336 companies in 2025.

REOR Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 9,29410,1998,1228,7467,1945,76311,28217,04523,81629,65735,65426,48532,694
20 --------4731,2432,0132,7833,553
21/28 2,1233,5843,8955,1551,7872,5856,30512,58118,89123,42531,08413,18029,954
21 -------64134204---
22/27 2,1233,5843,8955,1551,7872,5856,30512,51618,75723,22129,07110,39726,402
23 562584596601,6802,0863,4665,0506,6648,56410,17810,39711,945
24 2,0663,3273,4364,4951074982,8397,46612,09314,65718,893-14,457
29/58 7,1716,6144,2273,5915,4073,1784,9774,4654,4524,9894,57013,3052,740
40/41 6,7395,5533,8343,2744,9092,6973,4233,0211,6013,2042,2593,658569
40 4,1613,3823,7962,2474,8102,0593,3792,6491,5653,2042,1973,638457
41 2,5782,171381,027996394437235-6219112
54/58 46639162651121,2471,1292,2601,1501,1388,9381,090
490/1 3864223922554333693073155916351,1737101,081
Balance sheet: equity and liabilities
10/49 9,29410,1998,1228,7467,1945,76311,28217,04523,81629,65735,65426,48532,694
10/15 8,6818,5713,2191,7113,2082,5937,0067,8929,6189,5379,46512,3066,448
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,400
13 50950950950950950950950950950450050030
130/1 509509509509509509-------
130 ------50950950950450050030
1311 509509509509509509-------
14 1,9721,862-3,490-4,998-3,501-4,1162971,1832,9092,8332,7655,606218
17/49 6131,6284,9037,0353,9863,1704,2769,15314,19820,12026,18914,17926,245
17 --6202,451---2,2096,56510,84017,0764,87918,233
170/4 --6202,451---2,2096,56510,84017,0764,87918,233
42/48 6131,6284,2834,5833,9863,1704,2766,9447,6339,2809,1139,3008,012
42 -6201,8311,788--2,2094,3564,2756,2366,7222,2485,917
43 3396631,6991,6572,5841,236-------
430/8 3396631,6991,6572,5841,236-------
44 27434572333231837422905762213-291
440/4 27434572333231837422905762213-291
45 --30-289-471-3057704124,034384
450/3 --30-289-471-3057704124,034384
47/48 ---8077951,5601,5742,4982,9962,2111,7663,0181,420
Income statement
9900 2,1487,2103,6811,5013,0838015,8055,5578,1457,9622,83427,67610,222
62 --262----------
630 1,4621,3171,2611,9281,8043,7216,2756,7837,2606,8764,8082,3186,945
640/8 277275271763241252228240364327272106723
66A -----------14,457-
9901 4095,6181,888-1,1891,038-3,171-698-1,466521759-2,24625,2522,553
75/76B -104501-025--020
75 -104501-025--020
65/66B 2992774263084231,2421892844416865971,5991,997
65 2992774263084231,2421892844416865971,5991,997
9903 1105,3521,508-1,497616-4,413-886-1,7258073-2,8429,198557
67/77 -----------3,340308
9904 1105,3521,508-1,497616-4,413-886-1,7258073-2,8425,858248
9905 1105,3521,508-1,497616-4,413-886-1,7258073-2,8425,858248
Appropriation of the result
9906 1,9721,862-3,490-4,998-3,501-4,1162971,1832,9142,8372,7656,076248
14P 1,862-3,490-4,998-3,501-4,116--------
691/2 --------54-47030
6920 --------54-47030
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403968.

Financial year Type Filed Reference Document
31-12-2025 micro format 17-08-2026 2026-00403968 PDF
31-12-2024 micro format 28-08-2025 2025-00478483 PDF
31-12-2023 micro format 08-08-2024 2024-00335330 PDF
31-12-2022 micro format 18-08-2023 2023-00352803 PDF
31-12-2021 micro format 29-08-2022 2022-20332695 PDF
31-12-2020 micro format 26-07-2021 2021-41000591 PDF
31-12-2019 micro format 19-08-2020 2020-42000568 PDF
31-12-2018 micro format 29-07-2019 2019-38700463 PDF
31-12-2017 micro format 20-07-2018 2018-35100030 PDF
31-12-2016 micro format 03-07-2017 2017-24600334 PDF
31-12-2015 full format 26-07-2016 2016-36300298 PDF
31-12-2014 full format 14-07-2015 2015-31300407 PDF
31-12-2013 full format 22-07-2014 2014-33400526 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
1,8706,9353,1487392,8425495,5785,3177,7817,6352,56327,5709,498
1,5726,6682,7684312,420-6935,3895,0587,3406,9491,9678,1757,193
01,00605,2961,007004731,95646022,712-14,45733,049
-593638-61-4-46-1,136118-1,1311,11111-7,8007,847-
6,5584,986-56-9931,4218701-2,479-3,181-4,291-4,5434,005-5,272
93.4%84.0%39.6%19.6%44.6%45.0%62.1%46.3%40.4%32.2%26.5%46.5%19.7%
11.694.060.990.781.361.001.160.640.580.540.501.430.34
0.070.191.524.111.241.220.611.161.482.112.771.154.07
1.3%62.4%46.8%-87.5%19.2%-170.2%-12.7%-21.9%0.8%0.8%-30.0%47.6%3.9%
1.2%52.5%18.6%-17.1%8.6%-76.6%-7.9%-10.1%0.3%0.2%-8.0%22.1%0.8%
6.2725.087.402.406.72--------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,006-€5,296€1,007
€1,462€1,317€1,261€1,928€1,804

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on REOR

The operating result for 2025 is 93% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 16.0% to 6.6%. Equity is higher and debt is lower.

Timeline

Timeline

25 events since 2012

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 17 days late
2025
Liquidity more than doubled current ratio 11.69 The current ratio rises from 4.06 to 11.69. Short-term debt falls from €1,628 to €613.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0848103167
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Liquidity more than quadruples current ratio 4.06 The current ratio rises from 0.99 to 4.06. Short-term debt falls from €4,283 to €1,628.
Annual accounts 2023 filed PDFmicro format · 8 days late
2023
Back to profit net €1,508 The net result is €1,508, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 18 days late
2022
Annual accounts 2021 filed PDFmicro format · 29 days late
2021
Back to profit net €616 The net result is €616, after 3 loss-making years.
Annual accounts 2020 filed PDFmicro format · 5 days before the deadline
2020
Weakest financial year net -€4,413 The net result drops to -€4,413, the lowest from 2013 to 2025. It recovers the following year.
Annual accounts 2019 filed PDFmicro format · 19 days late
2019
Annual accounts 2018 filed PDFmicro format · 2 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 11 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 28 days before the deadline
2016
Back to profit net €73 The net result is €73, after one loss-making year.
Annual accounts 2015 filed PDFfull format · 5 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 17 days before the deadline
Registered office moved from Walcourt to FraireNew registered office: Rue des Minières nr 43, 5650 Fraire · Previous registered office: Rue de La Marbrerie 17, 5650 Walcourt, Belgique · General meeting of 19-01-20152 points ▸
  • General meeting, 19-01-2015
  • Registered-office move, Rue des Minières nr 43, 5650 Fraire

Open the deed in the Belgian Official Gazette

2014
Highest result from 2013 to 2025 net €5,858 ▲2,258% The operating result of €25,252 and the net result of €5,858 are both a record.
Liquidity more than quadruples current ratio 1.43 The current ratio rises from 0.34 to 1.43.
Annual accounts 2013 filed PDFfull format · 9 days before the deadline
2012
First establishment Rue de la Marbrerie 17, Walcourt
Incorporation PDFpublished on 29-08-2012

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 14 August 2012, REOR was incorporated.1 In 2015 the registered office moved to Fraire.2 Total assets went from €17,045 in 2018 to €9,294 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-02-2015
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0848.103.167
VAT number
BE 0848.103.167
Peppol ID
0208:0848103167
Other Peppol ID
9925:BE0848103167
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
14-08-2012
Financial year
ends on 31 December
Peppol
Reachable since 13-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
REOR in French
Entity type
Legal entity

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
46180 Agents specialised in the wholesale of other particular products
66210 Risk and damage evaluation
71121 Engineering and related technical consultancy, excluding land surveyors
82990 Other business support services
Codes under NACEBEL 2008
70220 Business consulting main activity
46180 Wholesale trade
66210 Activities auxiliary to financial services and insurance activities
71121 Engineering activities
82990 Other business support services

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue des Minières 43 registered office 5650 Walcourt
Rue de la Marbrerie 17 5650 Walcourt 43230 Insulation installation 20-08-2012 2.211.711.846
1 former office
  • Rue de La Marbrerie 17, 5650 Walcourt until the deed of 24-02-2015

Buildings and parcels at the addresses

Ground area
3,850 m²
Buildings
234 m²
Volume, LiDAR
1,703 m³
Tallest building
10.1 m
Buildings to scale, each on its own parcel
144 m², 10.1 m 90 m², 8.6 m 144 m², 10.1 m 90 m², 8.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
93024A0714/00A0072,898 m² 1 · 144 m² 10.1 m · 2
93088A0005/00F002952 m² 1 · 90 m² 8.6 m · 3

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