Result
€279,844 ▲ 911%
The result rose in 2025 from €27,670 to €279,844.
REPNA
Overview
Lifetime
2 annual accounts with figures on one time axispeak €364,840 (2025)
€364,840▲ 835%
peak €279,844 (2025)
€279,844▲ 911%
peak €312,515 (2025)
€312,515▲ 857%
€121,285▲ 313%
Board1 name since 2024
1 directorWAGEMANS Pieter Herman
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Gross margin from €39,013 to €364,840Result from €27,670 to €279,844Equity from €32,670 to €312,515Debts from €29,375 to €121,285Cash from €22,046 to €6,074
Key points
from the 2025 annual accountsTurnover
≈ €520,000 estimated
The micro format states no turnover.
Debts
€121,285 ▲ 313%
Debts rose by €91,910 in 2025.
Liquidity
3.58 was 2.35 in 2024
Short-term debts rose from €26,436 to €121,285.
Starting capital
€5,000
Position in the sector
€279,844
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Checked score
91
Excellent
Financially stronger than 68% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: < 0.1%lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.2 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.58, cash €6,074, halved
Founded in 2024
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €433,800
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 70, micro). It does better than 68% of them on solvency, 20% on liquidity, 84% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 39,278 companies had the same profile as REPNA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of REPNA itself is lower: 0.2% within 12 months. It rests on far more data about REPNA than the profile alone.
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 39,278 companies, not a prediction for REPNA. 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 of up to €25,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.58 (2.35 in 2024), above the usual 1.5. Short-term debt is 28% and cash 1.4% of total assets. 28% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
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 10-06-2026, 51 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
51 days early
2024
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 51 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011635566
Incorporation
Founding capital of €5,000 · Founder: WAGEMANS Pieter Herman · Appointment: WAGEMANS Pieter Herman (director) · published on 18-07-2024 · Gazette deed
First establishment
Maarschalk Gérardstraat 9, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REPNA Antwerp | €433,800 | €364,840 | 72.0% | - |
| JK STUDIO Antwerp | €439,729 | €372,130 | 71.7% | - |
| Deepstream Puurs-Sint-Amands | €414,833 | €376,608 | 73.2% | - |
| ROH BRAZ Consulting Antwerp | €457,559 | €323,351 | 86.8% | - |
| FEROLI CONSULTANCY Antwerp | €404,799 | €369,585 | 97.2% | - |
| Fennec Mgmt Antwerp | €397,528 | €411,558 | 83.2% | - |
| IKIGAI Ranst | €514,842 | €350,589 | 67.1% | - |
These companies have the same main activity as REPNA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €398,000 and €515,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 16-07-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.361.813.5072000 Antwerp, since 16-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €364,840▲ 835%
- €279,844▲ 911%
- €312,515▲ 857%
- €433,800▲ 599%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on REPNA
REPNA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,515 and a net result of €279,844.
Its solvency ranks better than 68% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 10-06-2026, 51 days before the deadline€364,840
▲ 835%
€364,720
▲ 856%
€279,844
▲ 911%
€312,515
▲ 778%
72.0%
▲ 19.4 percentage points
3.58
▲ 1.23
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 ≈ €520,000. Estimated: probably between €430,000 and €910,000.
Balance sheet
balance sheet total €433,800 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
72.0%
Higher than 68% of 39,368 companies in 2025.
3.58
Higher than 69% of 38,051 companies in 2025.
64.5%
Higher than 93% of 38,523 companies in 2025.
REPNA
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
433,800 | 62,046 | |
29/58 |
433,800 | 62,046 | |
40/41 |
439 | - | |
40 |
439 | - | |
50/53 |
425,000 | 40,000 | |
54/58 |
6,074 | 22,046 | |
490/1 |
2,287 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
433,800 | 62,046 | |
10/15 |
312,515 | 32,670 | |
10/11 |
5,000 | 5,000 | |
13 |
27,600 | 27,600 | |
133 |
27,600 | 27,600 | |
14 |
279,915 | 70 | |
17/49 |
121,285 | 29,375 | |
42/48 |
121,285 | 26,436 | |
44 |
3,014 | 360 | |
440/4 |
3,014 | 360 | |
45 |
118,271 | 26,076 | |
450/3 |
108,597 | 20,487 | |
454/9 |
9,674 | 5,589 | |
492/3 |
0 | 2,939 | |
| Income statement | |||
9900 |
364,840 | 39,013 | |
630 |
0 | 850 | |
640/8 |
120 | - | |
9901 |
364,720 | 38,163 | |
75/76B |
3,349 | 32 | |
75 |
3,349 | 32 | |
65/66B |
506 | 145 | |
65 |
506 | 145 | |
9903 |
367,563 | 38,050 | |
67/77 |
87,719 | 10,380 | |
9904 |
279,844 | 27,670 | |
9905 |
279,844 | 27,670 | |
| Appropriation of the result | |||
9906 |
279,915 | 27,670 | |
14P |
70 | - | |
691/2 |
0 | 27,600 | |
6921 |
0 | 27,600 | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 364,720 | 39,013 | ||
| 279,844 | 28,520 | ||
| 0 | - | ||
| -15,972 | - | ||
| 312,515 | 35,609 | ||
| 72.0% | 52.7% | ||
| 3.58 | 2.35 | ||
| 0.39 | 0.90 | ||
| 89.5% | 84.7% | ||
| 64.5% | 44.6% | ||
| over 100 | 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.
Insights on REPNA
The operating result for 2025 is 9.6 times that of 2024.
Debt's share of the balance-sheet total falls from 47.3% to 28.0%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 18-07-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 10-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 18-07-2024
Mandates through the years
1 name, the dashed line is todayWAGEMANS Pieter Herman
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- WAGEMANS Pieter Herman
- Director (not named in the articles), appointed by deed of 18-07-2024, still in office
Control
Capital
- Contribution
- €5,000
- Source
- deed of 18-07-2024
Articles of association
deed of 18-07-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Founder
At incorporation
deed of 18-07-2024 ↗
- WAGEMANS Pieter Herman sole founder · 100% at incorporation
Network & group
No group
REPNA has no parent and no holdings in its annual accounts. WAGEMANS Pieter Herman is the only director.
At the same address
Maarschalk Gérardstraat 9, 2000 Antwerp · 4 other companies| Space Cowboy
registered office since 09-12-2005 · founded in 2005 · negative equity (2025) |
total assets €5.6m (2025) 0877.823.373 |
| Bruno Spaas Architectuur
registered office since 26-02-2019 · founded in 2019 · negative equity (2025) |
total assets €3.9m (2025) 0721.542.913 |
| Provost, Nicolas (sole trader)
establishment since 01-07-2008 |
founded in 2008 0899.058.158 |
| CLASSE TOURISTE
registered office since 16-11-2007 |
founded in 2007 0893.681.388 |
Board mandates elsewhere
10 board mandatesBoard mandates of REPNAREPNA sits on their board10
Director
Founded in 2015 · total assets €6,417 (2025) · negative equity · group M&M Management
Show 4 more
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 51 days before the deadline
2025
Equity above €200,000 equity €312,515 ▲857% With a profit in every financial year since 2024, equity grows to €312,515.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011635566
Annual accounts 2024 filed NBBmicro format · 51 days before the deadline
2024
IncorporationFounding capital of €5,000 · Founder: WAGEMANS Pieter Herman · Appointment: WAGEMANS Pieter Herman (director) · published on 18-07-20243 points ▸
- Director appointment, WAGEMANS Pieter Herman (director (not named in the articles))
- Founder, WAGEMANS Pieter Herman
- Founding capital, €5,000
- The deed holds 2 more points.
First establishment Maarschalk Gérardstraat 9, Antwerp
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 16 July 2024, REPNA was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 WAGEMANS Pieter Herman is director of the company, appointed by deed of 18-07-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1011.635.566
- VAT number
- BE 1011.635.566
- Peppol ID
- 0208:1011635566
- Other Peppol ID
- 9925:BE1011635566
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of May at 18:00deed of 18-07-2024 (in Dutch)
- Peppol
- Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- REPNA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-07-2024 (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.
- “Maarschalk Gérardstraat 9, 2000 Antwerpen”deed of 18-07-2024 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vennootschap haar doel is aan haar aandeelhouders een rechtstreeks of onrechtstreeks vermogensvoordeel uit te keren of te bezorgen”deed of 18-07-2024 (in Dutch)
Text of the purpose
“De vennootschap haar doel is aan haar aandeelhouders een rechtstreeks of onrechtstreeks vermogensvoordeel uit te keren of te bezorgen.”
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Maarschalk Gérardstraat 9 registered office 2000 Antwerp | 16-07-2024 | 2.361.813.507 |
Buildings and parcels at the address
- Ground area
- 320 m²
- Buildings
- 306 m²
- Volume, LiDAR
- 2,632 m³
- Tallest building
- 17.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11804D1839/00E000 | 320 m² | 1 · 306 m² | 17.3 m · 3 |