Debts
€57,441 95% of the balance sheet
Suppliers 40%Taxes and wages 18%Other 42%
REP SERVICES
Overview
Lifetime
1 annual account with figurespeak €35,792 (2025)
€35,792
peak €22,592 (2025)
€22,592
peak €3,164 (2025)
€3,164
€57,441
Board2 names since 2024
1 directorEL BAKKAL Jaouad
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Key points
from the 2025 annual accountsAt the same address
682 companies
Position in the sector
€3,164
Less equity than 89% of companies in specialised construction. Sector median €57,703 · 35,137 companies.
Checked score
50
Fair
Financially stronger than 36% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.9%lowest value
11-2025: 1.9%● unchanged vs 10-2025lowest value
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 2.3%▲ +0.4 percentage points vs 12-2025
02-2026: 2.4%▲ +0.1 percentage points vs 01-2026
03-2026: 2.7%▲ +0.3 percentage points vs 02-2026
04-2026: 2.7%● unchanged vs 03-2026
05-2026: 3.0%▲ +0.3 percentage points vs 04-2026
06-2026: 3.0%● unchanged vs 05-2026highest value
07-2026: 2.9%▼ -0.1 percentage points vs 06-2026
08-2026: 2.9%● unchanged vs 07-2026
09-2026: 3.0%▲ +0.1 percentage points vs 08-2026
10-2026: 3.0%● unchanged vs 09-2026
11-2026: 3.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Specialised construction activities (NACE 43)
Size: total assets €60,604
Equity €3,164 (5.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 11% of them on solvency, 4% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,157 companies had the same profile as REP SERVICES has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of REP SERVICES itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,157 companies, not a prediction for REP SERVICES. 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 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
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 35125 sector peers (2025).
NBB · sector comparisonPosition among 35125 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014212796
Resignation: EL GHARBI ABDELHAK (director)
Transfer of shares from EL GHARBI ABDELHAK to EL BAKKAL JAOUAD · General meeting of 19-02-2025 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founders: EL BAKKAL Jaouad (comparant) and EL GHARBI Abdelhak (comparant) · Appointments: EL BAKKAL Jaouad (director) and EL GHARBI Abdelhak (director) · published on 30-09-2024 · Gazette deed
First establishment
Leuvensesteenweg 246, Zaventem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REP SERVICES Zaventem | €60,604 | €35,792 | 5.2% | - |
| VDW Projects & Solutions Lubbeek | €67,354 | €31,834 | 29.5% | - |
| MAXI HABITAT Zaventem | €61,421 | €39,708 | 67.7% | - |
| TEM-ELEC Sint-Genesius-Rode | €53,396 | €33,789 | 73.7% | - |
| Positron Projects Keerbergen | €59,521 | €42,893 | 50.8% | - |
| Stef Vermeersch Kortemark | €58,973 | €36,816 | 48.8% | - |
| KGI GROUP Tessenderlo-Ham | €63,246 | €39,294 | 41.9% | - |
These companies have the same main activity as REP SERVICES: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €53,400 and €67,400, founded in 2024.
Official details
Source: KBO- Status
- Active since 26-09-2024Normal situation
- Registered office
- 684 active companies are registered at this address137 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.364.186.6411932 Zaventem, since 26-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2026
Annual accounts 2025
- €35,792
- ≈ €170,000estimated
- €22,592
- €3,164
- €60,604
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on REP SERVICES
The computed 12-month bankruptcy probability of REP SERVICES is 3.0% (moderate). The 2025 annual accounts show equity of €3,164 and a net result of €22,592.
Its solvency ranks better than 11% of 35,125 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadline€35,792
€28,314
€22,592
-€26,965
5.2%
0.53
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 ≈ €170,000. Estimated: probably between €120,000 and €260,000.
Balance sheet
balance sheet total €60,604 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
5.2%
Higher than 11% of 35,125 companies in 2025.
0.53
Higher than 8% of 34,499 companies in 2025.
37.3%
Higher than 91% of 34,700 companies in 2025.
REP SERVICES
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
60,604 | |
21/28 |
30,128 | |
22/27 |
30,128 | |
24 |
30,128 | |
29/58 |
30,476 | |
40/41 |
28,799 | |
40 |
25,515 | |
41 |
3,284 | |
54/58 |
1,677 | |
| Balance sheet: equity and liabilities | ||
10/49 |
60,604 | |
10/15 |
3,164 | |
10/11 |
2,000 | |
14 |
1,164 | |
17/49 |
57,441 | |
42/48 |
57,441 | |
44 |
22,964 | |
440/4 |
22,964 | |
45 |
10,266 | |
450/3 |
5,694 | |
454/9 |
4,572 | |
47/48 |
24,211 | |
| Income statement | ||
9900 |
35,792 | |
630 |
5,872 | |
640/8 |
1,606 | |
9901 |
28,314 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
28 | |
65 |
28 | |
9903 |
28,286 | |
67/77 |
5,694 | |
9904 |
22,592 | |
9905 |
22,592 | |
| Appropriation of the result | ||
9906 |
22,592 | |
694/7 |
21,429 | |
694 |
21,429 | |
| Document | ||
The notes to these accounts have 5 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 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00372125 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 34,186 | ||
| 28,464 | ||
| 36,000 | ||
| -26,965 | ||
| 5.2% | ||
| 0.53 | ||
| 18.16 | ||
| 714.1% | ||
| 37.3% | ||
| over 100 |
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| Item | 2025 |
|---|---|
| Tangible fixed assets | €36,000 |
| €5,872 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on REP SERVICES
Debt's share of the balance-sheet total is 94.8%.
Board & ownership
Board
1 director, no change since 2025Director
since 23-09-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 30-09-2024
Mandates through the years
2 names, the dashed line is todayEL BAKKAL Jaouad
Director
Director
EL GHARBI ABDELHAK
Director
Director
BoardEarlier
Mandates as a list
- EL BAKKAL Jaouad
- Director, from 23-09-2024 to date
- EL GHARBI ABDELHAK
- Director, appointed by deed of 30-09-2024, until 26-02-2025
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €31.64 in 2025
- Source
- deed of 30-09-2024
Articles of association
deed of 30-09-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en andere helft ten laste koper(s), elke overdracht onder levenden, ten…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 18:00
Shareholders
Share transfer
deed of 26-02-2025 ↗
At incorporation
deed of 30-09-2024 ↗
- EL BAKKAL Jaouad 50 shares (50%) · €1,000
- EL GHARBI Abdelhak 50 shares (50%) · €1,000
Network & group
No group
REP SERVICES has no parent and no holdings in its annual accounts. EL BAKKAL Jaouad is the only director. REP SERVICES shares no director with another company.
At the same address
Leuvensesteenweg 246, 1932 Zaventem · 683 other companies| Au Sommet
registered office since 15-11-2024 · founded in 2024 |
turnover €1.7m (2025) 1016.254.647 |
| INOCLEAN
establishment since 01-09-2022 · founded in 2011 |
total assets €1.6m (2025) 0836.852.256 |
| BD MONTAGES
registered office since 25-09-2008 · founded in 2008 |
6.1 FTE (2025) 0806.596.669 |
| RND CONCEPT
registered office since 20-01-2022 · founded in 2022 · accounts filed late |
turnover €1.2m (2024) 0780.714.693 |
| QUALITY CARS ZAVENTEM
registered office since 27-11-2019 · founded in 2019 · accounts filed late |
turnover €1.2m (2024) 0738.467.136 |
| Elk Trade
registered office since 26-06-2024 · founded in 2024 |
total assets €1.1m (2025) 1010.812.749 |
| SKALL GROUP
registered office since 29-03-2021 · founded in 2021 |
total assets €1.0m (2025) 0765.805.991 |
| VDB GLOBAL CONSTRUCTION
registered office since 08-03-2024 · founded in 2024 |
total assets €974,746 (2025) 1006.935.917 |
| E&D PARTNERS
registered office since 01-07-2021 · founded in 2021 |
total assets €974,138 (2025) 0770.614.520 |
| CK BUILD
registered office since 10-11-2021 · founded in 2021 · accounts filed late |
turnover €935,419 (2024) 0772.365.369 |
Timeline
Timeline
5 events since 2024Board
Capital
Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · on the deadline day
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014212796
2025
Resignation: EL GHARBI ABDELHAK (director)Transfer of shares from EL GHARBI ABDELHAK to EL BAKKAL JAOUAD · General meeting of 19-02-20253 points ▸
- General meeting, 19-02-2025, mentioned twice in the deed
- Director resignation, EL GHARBI ABDELHAK
- Share transfer, EL GHARBI ABDELHAK → EL BAKKAL JAOUAD
2024
IncorporationFounding capital of €2,000, 100 shares · Founders: EL BAKKAL Jaouad (comparant) and EL GHARBI Abdelhak (comparant) · Appointments: EL BAKKAL Jaouad (director) and EL GHARBI Abdelhak (director) · published on 30-09-20247 points ▸
- Founder, EL BAKKAL Jaouad (comparant)
- Founder, EL GHARBI Abdelhak (comparant)
- Founding capital, €2,000, 100 shares
- Registered office clause, Leuvensesteenweg 246/1, 1932 Zaventem (Sint-Stevens-Woluwe)
- Board rule, 2
- Director appointment, EL BAKKAL Jaouad
- Director appointment, EL GHARBI Abdelhak
- The deed holds 8 more points.
First establishment Leuvensesteenweg 246, Zaventem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
REP SERVICES was incorporated on 26 September 2024 as a private limited company by two natural persons, with a starting capital of €2,000.12 Since 2024, EL BAKKAL Jaouad has served as director.3 The company has filed annual accounts once, for financial year 2025.3
Company details
Identity
- Enterprise number
- 1014.212.796
- VAT number
- BE 1014.212.796
- Peppol ID
- 0208:1014212796
- Other Peppol ID
- 9925:BE1014212796
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-09-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 18:00deed of 30-09-2024 (in Dutch)
- Peppol
- Reachable since 16-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- REP SERVICES in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-09-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 30-09-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
Social security (RSZ) activities
43211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
43299
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Installatie van de bedrading voor telefooninstallaties en computersystemen; Elektrische installatie plaatsen, herstellen, verbeteren…”deed of 30-09-2024 (in Dutch)
28 activities
- Installatie van de bedrading voor telefooninstallaties en computersystemen;
- Elektrische installatie plaatsen, herstellen, verbeteren, plaatsen van optische vezel
- Groothandel in computers, randapparatuur en software;
- Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels;
- Computerconsultancy-activiteiten;
- Beheer van computerfaciliteiten;
- Overige diensten op het gebied van informatietechnologie en computer;
- Webportalen;
- Verhuur en operationele leasing van kantoormachines, incl. computers, zonder bedieningspersoneel: computerapparatuur, duplicators, fotokopieermachines, schrijfmachines, tekstverwerkers, enz;
- Verhuur van standaard-programmatuur;
- Vervaardiging van computers en randapparatuur;
- Overige uitgeverijen van software;
- Ontwerpen en programmeren van computerprogramma's;
- Gegevensverwerking, webhosting en aanverwante activiteiten;
- Reparatie van computers en randapparatuur;
- Muziekuitgave;
- Organisatie van evenementen;
- Fotoproductie en videoreportage;
- Detailhandel in auto's en andere lichte motorvoertuigen ( 3,5 ton);
- Groothandel in auto's en andere lichte motorvoertuigen ( 3,5 ton);
- Groothandel in andere motorvoertuigen (> 3,5 ton);
- Detailhandel in andere motorvoertuigen (> 3,5 ton);
- Algemeen onderhoud en reparatie van auto's en andere lichte motorvoertuigen ( 3,5 ton);
- Algemeen onderhoud en reparatie van andere motorvoertuigen (> 3,5 ton);
- Detailhandel in accessoires, onderdelen en diverse uitrustingen voor motorvoertuigen, inclusief de verkoop van tweedehands onderdelen en uitrustingen;
- Autowasactiviteiten;
- Detailhandel in uitrustingen voor motorvoertuigen;
- Overige ondersteunende activiteiten voor ondernemingen n.a.g;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Leuvensesteenweg 246 registered office 1932 Zaventem | 26-09-2024 | 2.364.186.641 |
Buildings and parcels at the address
- Ground area
- 461 m²
- Buildings
- 192 m²
- Volume, LiDAR
- 1,492 m³
- Tallest building
- 10.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23078A0472/00L000 | 461 m² | 1 · 192 m² | 10.8 m · 3 |
Contact
E-mail
rep.installation@gmail.com establishment in Zaventem
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1014.212.796