REPI
ActiveSummary
The computed 12-month bankruptcy probability of REPI is 2.9% (moderate). The 2025 annual accounts show negative equity (-€6,153) and a net result of -€10,647. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 14% of 5,795 sector peers (NACE 49, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 2 FTE
- Equity
- -€6,153
- Loss
- -€10,647
- Parent
- Jean Linotte Terrassement · 100%
- Jean Linotte TerrassementDirector
Why 49raises riskSector: Land transport and transport via pipelines (NACE 49)Latest accounts 56 days late; 3 of the last 3 latelowers riskFounded in 2008Size: total assets €172,218Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 14% on solvency, 26% on liquidity, 22% on profitability and 3% on growth.
The bankruptcy probability was computed on 21-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 53 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€42,050
Financials · financial year 2025, micro format
2025 annual accounts filed late (56 days) Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00546064.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €4,526 after a loss of €31,351 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 2,333 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 90.6% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,333 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €136 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €17,493 | €7,689 | €33,718 | €53,949 | €74,534 | ▲ 38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,515 | €21,906 | €7,812 | €7,344 | €12,527 | €9,925 | €35,955 | €44,981 | ▲ 25.1% |
| Other operating charges640/8 | - | - | - | €6,342 | €10,821 | - | - | €684 | - |
| Non-recurring operating charges66A | - | - | - | - | €183 | €2,911 | - | €750 | - |
| Gross operating margin9900 | €69,346 | €102,326 | €72,046 | €35,914 | -€8,678 | €47,910 | €58,552 | €125,474 | ▲ 114% |
| Operating profit (loss)9901 | €24,611 | €49,897 | €57,824 | €4,734 | -€39,898 | €1,356 | -€31,351 | €4,526 | - |
| Financial income75/76B | - | - | - | - | €6,286 | €99 | €0 | €161 | ▲ 537,000% |
| Recurring financial income75 | - | €0 | €3 | - | €6,286 | €99 | €0 | €161 | ▲ 537,000% |
| Financial charges65/66B | - | - | - | €4,062 | €2,104 | €1,515 | €10,699 | €15,334 | ▲ 43.3% |
| Recurring financial charges65 | €1,603 | €1,273 | €1,245 | €1,247 | €2,104 | €1,515 | €10,699 | €15,334 | ▲ 43.3% |
| Non-recurring financial charges66B | - | - | - | €2,814 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €23,008 | €48,625 | €56,583 | €673 | -€35,716 | -€60 | -€42,050 | -€10,647 | ▲ 74.7% |
| Income taxes67/77 | €9,449 | €14,897 | €15,186 | -€186 | - | - | - | - | - |
| Profit (loss) for the period9904 | €13,559 | €33,727 | €41,397 | €859 | -€35,716 | -€60 | -€42,050 | -€10,647 | ▲ 74.7% |
| Profit (loss) for the period to be appropriated9905 | €13,559 | €33,727 | €41,397 | €859 | -€35,716 | -€60 | -€42,050 | -€10,647 | ▲ 74.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €93,852 | €141,656 | €129,300 | €186,040 | €108,518 | €97,005 | €212,449 | €172,218 | ▼ 18.9% |
| Fixed assets21/28 | €15,227 | €16,759 | €7,814 | €85,622 | €56,350 | €47,911 | €182,471 | €151,023 | ▼ 17.2% |
| Tangible fixed assets22/27 | €15,227 | €16,759 | €7,814 | €70,309 | €41,037 | €32,599 | €167,254 | €135,806 | ▼ 18.8% |
| Plant, machinery and equipment23 | - | - | - | €2,515 | €12,511 | €10,854 | €8,420 | €5,019 | ▼ 40.4% |
| Furniture and vehicles24 | - | - | - | €62,124 | €23,990 | €18,344 | €18,969 | €24,257 | ▲ 27.9% |
| Leasing and similar rights25 | - | - | - | - | - | - | €137,598 | €105,398 | ▼ 23.4% |
| Other tangible fixed assets26 | - | - | - | €5,671 | €4,536 | €3,401 | €2,266 | €1,132 | ▼ 50.1% |
| Financial fixed assets28 | - | - | - | €15,313 | €15,313 | €15,313 | €15,218 | €15,218 | = |
| Current assets29/58 | €78,625 | €124,897 | €121,486 | €100,418 | €52,169 | €49,093 | €29,977 | €21,195 | ▼ 29.3% |
| Amounts receivable within one year40/41 | €44,601 | €49,228 | €20,383 | €46,973 | €39,611 | €45,288 | €23,233 | €13,163 | ▼ 43.3% |
| Trade receivables40 | - | - | - | €21,753 | €16,306 | €26,944 | €14,600 | €8,321 | ▼ 43.0% |
| Other amounts receivable41 | - | - | - | €25,220 | €23,306 | €18,344 | €8,633 | €4,842 | ▼ 43.9% |
| Cash at bank and in hand54/58 | €17,418 | €59,066 | €80,865 | €53,445 | €12,525 | €3,806 | €6,745 | €5,283 | ▼ 21.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €33 | - | - | €2,750 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €93,852 | €141,656 | €129,300 | €186,040 | €108,518 | €97,005 | €212,449 | €172,218 | ▼ 18.9% |
| Equity10/15 | €66,569 | €65,120 | €106,517 | €107,376 | €46,605 | €46,545 | €4,494 | -€6,153 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €28,363 | €26,914 | €26,914 | €26,914 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €25,054 | - | - | - | - | - |
| Profit (loss) carried forward14 | €19,606 | €19,606 | €61,003 | €61,861 | €26,145 | €26,085 | -€15,966 | -€26,613 | ▼ 66.7% |
| Amounts payable17/49 | €27,282 | €76,535 | €22,783 | €78,664 | €61,913 | €50,460 | €207,954 | €178,371 | ▼ 14.2% |
| Amounts payable after more than one year17 | €9,000 | €9,000 | €9,000 | €41,134 | €32,601 | €23,897 | €125,328 | €92,306 | ▼ 26.3% |
| Financial debts170/4 | - | - | - | €41,134 | €32,601 | €23,897 | €125,328 | €92,306 | ▼ 26.3% |
| Amounts payable within one year42/48 | €18,282 | €67,535 | €13,783 | €37,530 | €29,312 | €26,563 | €82,626 | €86,065 | ▲ 4.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €25,390 | €27,005 | ▲ 6.4% |
| Financial debts43 | - | - | - | €8,365 | €8,533 | €8,704 | €8,879 | €6,034 | ▼ 32.0% |
| Credit institutions430/8 | - | - | - | €8,365 | €8,533 | €8,704 | €8,879 | €6,034 | ▼ 32.0% |
| Trade debts44 | €5,532 | €15,632 | €2,733 | €24,248 | €20,414 | €15,464 | €11,246 | €27,039 | ▲ 140% |
| Suppliers440/4 | - | - | - | €24,248 | €20,414 | €15,464 | €11,246 | €27,039 | ▲ 140% |
| Taxes, remuneration and social security45 | - | - | - | €4,648 | €95 | €2,125 | €3,614 | €13,057 | ▲ 261% |
| Taxes450/3 | - | - | - | €2,649 | - | €197 | €293 | €7,488 | ▲ 2,458% |
| Remuneration and social security454/9 | - | - | - | €1,998 | €95 | €1,928 | €3,321 | €5,569 | ▲ 67.7% |
| Other amounts payable47/48 | - | - | - | €270 | €270 | €270 | €33,497 | €12,930 | ▼ 61.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,559 | €33,727 | €41,397 | €859 | -€35,716 | -€60 | -€42,050 | -€10,647 | ▲ 74.7% |
| + Depreciation and write-downs630 | €14,515 | €21,906 | €7,812 | €7,344 | €12,527 | €9,925 | €35,955 | €44,981 | ▲ 25.1% |
| Operating cash flow (approximation) | €28,074 | €55,633 | €49,209 | €8,203 | -€23,189 | €9,864 | -€6,095 | €34,334 | - |
| Investment in fixed assets (approximation) | - | -€23,438 | €1,133 | -€85,152 | €16,745 | -€1,486 | -€170,515 | -€13,533 | ▲ 92.1% |
| Change in cash | - | €41,648 | €21,799 | -€27,420 | -€40,920 | -€8,719 | €2,939 | -€1,462 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-09-2026 | 2026-00546064 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00527675 |
| 31-12-2023 | micro format | 01-10-2024 | 2024-00484388 |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00459647 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20348414 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65200253 |
| 31-12-2019 | micro format | 09-10-2020 | 2020-61000347 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59500098 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jean Linotte Terrassement |
|
Owners and capital
Owners
1 ownerChain of control
Highest known parent: Jean Linotte Terrassement. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-01
Gazette deed
Amendment of the articles · Legal-form changeAppointment: Jean Linotte Terrassement (director) · Permanent representative: Jean LINOTTE · Resignation: Jean Linotte Terrassement (manager)19 facts ▸
- Incorporation, 23-10-2008
- General meeting, 01-12-2023
- Other provision, “adapter les statuts aux dispositions du Code des sociétés et des associations, ordre du jour point 1” (deed in French)
- Other provision, “intégration du capital dans un compte de capitaux propres indisponibles, ordre du jour point 2” (deed in French)
- Other provision, “adoption des nouveaux statuts de société à responsabilité limitée en conformité avec le CSA, ordre du jour point 3” (deed in French)
- Other provision, “démission et renouvellement du gérant comme administrateur, ordre du jour point 4” (deed in French)
- Other provision, “adresse du siège, ordre du jour point 5” (deed in French)
- Other provision, “ordre du jour points 6-7” (deed in French)
- Other provision, “nominatives”, 1000 (deed in French)
- Other provision, “validité de assemblée” (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- +7 further facts in this act
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62027A0123/00N000 | Wallonia | 2.1 ha | 1 · 3,203 m² | 8.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Les activités de travaux publics,travaux de terrassement,évacuation de chantiers,réalisation de travaux de dragage,curage des cours…” (deed in French)
19 activities (deed in French)
- Les activités de travaux publics,travaux de terrassement,évacuation de chantiers,réalisation de travaux de dragage,curage des cours d'eau,fosse,...
- Les travaux de terrassement,creusement,comblement,nivellement de chantier de construction,ouverture de tranchées,dérochement,destruction à l’explosif,…
- La préparation de sites pour l'exploitation minière,enlèvement de déblais et autres travaux d'aménagement et de préparation des terrains et sites miniers
- Le rabattement de la nappe aquifère et drainage des chantiers,des constructions,drainage des terrains agricoles et sylvicoles
- Le déblayage des chantiers
- Le sondage d'essai,les forages d'essai et les carottages pour la construction ainsi que pour les études géophysiques,géologiques et similaires
- L'exécution de forages horizontaux pour les passages de câbles ou de canalisations
- La mise en œuvre dans des bâtiments ou d'autres projets de construction de matériaux d'isolation thermique,matériaux d’isolation acoustique et antivibratile
- Les travaux d'isolation de canalisation de chauffage ou de réfrigération
- Les travaux d'isolation de chambres froides ou d'entrepôt frigorifiques
- Les travaux d'installation générale
- L’installation d'antennes d'immeubles et paratonnerres
- Les nettoyages à la vapeur,le sablage et les activités analogues appliquées aux parties extérieures des bâtiments
- L'exécution de travaux de rejointoiement
- L'exécution pour les tiers de travaux de levage
- Le montage et démontage d'échafaudages et de plates formes de travail
- Les parc et jardins
- Le pavage
- Les activités de transport national et international
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- REPI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 15. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, assemblée nommant fixe nombre/durée/pouvoirs si pluralité” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique, organe qui procède à l’émission” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Article 27, en tout temps par décision assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Article 28, faculté assemblée de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)