RepQuest
ActiveSummary
RepQuest has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,051 and a net result of €2,963. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 230 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▲+59
Solvency78▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 3.74 in 2023; short-term debt: 35.1% and cash: 31.5% of total assets), and 46.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.2%
Return on assets
2.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
54 d early
2022
48 d early
2021
33 d early
2020
29 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,963
2023 · -€3,991
Working capital
€10,627▼ 76.7%
2023 · €45,627
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,710€14,604€4,578▼ 68.7%-€4,193€4,449
Net result-€5,023within the sector's middle half€13,745within the sector's middle half€2,185within the sector's middle half▼ 84.1%-€3,991within the sector's middle half€2,963within the sector's middle half
Equity€35,816within the sector's middle half▼ 12.3%€49,561within the sector's middle half▲ 38.4%€51,746within the sector's middle half▲ 4.4%€47,755below the sector's middle half▼ 7.7%€54,051within the sector's middle half▲ 13.2%
Total assets€68,937below the sector's middle half▲ 0.8%€81,420below the sector's middle half▲ 18.1%€95,121below the sector's middle half▲ 16.8%€83,635below the sector's middle half▼ 12.1%€101,663below the sector's middle half▲ 21.6%
Debt€33,121▲ 20.3%€31,859▼ 3.8%€43,375▲ 36.1%€35,880▼ 17.3%€47,612▲ 32.7%
Working capital€51,792▼ 4.0%€65,561▲ 26.6%€54,823▼ 16.4%€45,627▼ 16.8%€10,627▼ 76.7%
Solvency52.0%within the sector's middle half▼ 7.8pp60.9%within the sector's middle half▲ 8.9pp54.4%within the sector's middle half▼ 6.5pp57.1%within the sector's middle half▲ 2.7pp53.2%within the sector's middle half▼ 3.9pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4,449 after a loss of €4,193 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €101,663
Fixed assets
€55,346 ▲ 160%
Current assets
€46,317 ▼ 25.7%
Equity and liabilities €101,663
Equity
€54,051 ▲ 13.2%
Debt
€47,612 ▲ 32.7%
Debt's share of the balance-sheet total rises from 42.9% to 46.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,739▲
2023 · €0
Cash flow
€14,253▲
2023 · €202
Current ratio
1.30▼
2023 · 3.74
Debt to equity
0.88▲
2023 · 0.75
ROE
5.5%▲
2023 · -8.4%
ROA
2.9%▲
2023 · -4.8%
Interest coverage
66.13▲
2023 · 0.00
Debt ≤ 1 year
€35,690▲
2023 · €16,682
Debt > 1 year
€1,735▼
2023 · €5,873
Income taxes
€2,915▲
2023 · €393
Staff costs
€72,851▼
2023 · €73,163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,049 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €57,249 | €66,352 | €73,163 | €72,851 | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,201 | €4,193 | €11,290 | ▲ 169% |
| Other operating charges640/8 | - | €292 | €577 | €220 | €231 | ▲ 5.0% |
| Gross operating margin9900 | €49,057 | €72,145 | €73,708 | €73,383 | €88,821 | ▲ 21.0% |
| Operating profit (loss)9901 | -€4,710 | €14,604 | €4,578 | -€4,193 | €4,449 | ▲ 206% |
| Financial income75/76B | - | - | €180 | €870 | €1,667 | ▲ 91.6% |
| Recurring financial income75 | - | - | €180 | €870 | €1,667 | ▲ 91.6% |
| Financial charges65/66B | - | €156 | €310 | €275 | €238 | ▼ 13.5% |
| Recurring financial charges65 | €144 | €156 | €310 | €275 | €238 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | -€4,854 | €14,448 | €4,448 | -€3,598 | €5,878 | ▲ 263% |
| Income taxes67/77 | €169 | €703 | €2,263 | €393 | €2,915 | ▲ 642% |
| Profit (loss) for the period9904 | -€5,023 | €13,745 | €2,185 | -€3,991 | €2,963 | ▲ 174% |
| Profit (loss) for the period to be appropriated9905 | -€5,023 | €13,745 | €2,185 | -€3,991 | €2,963 | ▲ 174% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68,937 | €81,420 | €95,121 | €83,635 | €101,663 | ▲ 21.6% |
| Fixed assets21/28 | - | - | €17,412 | €21,326 | €55,346 | ▲ 160% |
| Intangible fixed assets21 | - | - | - | €7,882 | €45,870 | ▲ 482% |
| Tangible fixed assets22/27 | - | €0 | €17,412 | €13,444 | €9,476 | ▼ 29.5% |
| Furniture and vehicles24 | - | - | €17,412 | €13,444 | €9,476 | ▼ 29.5% |
| Current assets29/58 | €68,937 | €81,420 | €77,709 | €62,309 | €46,317 | ▼ 25.7% |
| Amounts receivable within one year40/41 | €9,553 | €27,249 | €38,857 | €16,511 | €13,228 | ▼ 19.9% |
| Trade receivables40 | - | €27,249 | €8,857 | €15,937 | €11,355 | ▼ 28.8% |
| Other amounts receivable41 | - | - | €30,000 | €574 | €1,873 | ▲ 226% |
| Cash at bank and in hand54/58 | €59,119 | €53,922 | €37,789 | €44,023 | €32,030 | ▼ 27.2% |
| Deferred charges and accrued income490/1 | - | €249 | €1,063 | €1,775 | €1,059 | ▼ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68,937 | €81,420 | €95,121 | €83,635 | €101,663 | ▲ 21.6% |
| Equity10/15 | €35,816 | €49,561 | €51,746 | €47,755 | €54,051 | ▲ 13.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€26,184 | -€12,439 | -€10,254 | -€14,245 | -€11,282 | ▲ 20.8% |
| Investment grants15 | - | - | - | - | €3,333 | - |
| Amounts payable17/49 | €33,121 | €31,859 | €43,375 | €35,880 | €47,612 | ▲ 32.7% |
| Amounts payable after more than one year17 | - | - | €9,974 | €5,873 | €1,735 | ▼ 70.5% |
| Financial debts170/4 | - | - | €9,974 | €5,873 | €1,735 | ▼ 70.5% |
| Amounts payable within one year42/48 | €17,145 | €15,859 | €22,886 | €16,682 | €35,690 | ▲ 114% |
| Current portion of amounts payable after more than one year42 | - | - | €4,064 | €4,101 | €4,138 | ▲ 0.9% |
| Trade debts44 | €1,499 | €1,302 | €1,158 | €2,063 | €14,020 | ▲ 580% |
| Suppliers440/4 | - | €1,302 | €1,158 | €2,063 | €14,020 | ▲ 580% |
| Taxes, remuneration and social security45 | - | €14,557 | €17,664 | €10,518 | €17,532 | ▲ 66.7% |
| Taxes450/3 | - | €7,230 | €8,706 | €394 | €7,108 | ▲ 1,704% |
| Remuneration and social security454/9 | - | €7,327 | €8,958 | €10,124 | €10,424 | ▲ 3.0% |
| Accrued charges and deferred income492/3 | - | €16,000 | €10,515 | €13,325 | €10,187 | ▼ 23.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,023 | €13,745 | €2,185 | -€3,991 | €2,963 | ▲ 174% |
| + Depreciation and write-downs630 | - | - | €2,201 | €4,193 | €11,290 | ▲ 169% |
| Operating cash flow (approximation) | -€5,023 | €13,745 | €4,386 | €202 | €14,253 | ▲ 6,956% |
| Investment in fixed assets (approximation) | - | - | - | -€8,107 | -€45,310 | ▼ 459% |
| Change in cash | - | -€5,197 | -€16,133 | €6,234 | -€11,993 | ▼ 292% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-09
State Gazette act
Reappointment: Reforge BV (director)Permanent representative: Maarten De Smedt3 facts ▸
State Gazette act
Reappointment: Reforge BV (director)
Permanent representative: Maarten De Smedt3 facts ▸
- General meeting, 29-06-2026
- Director reappointment, Reforge BV (director)
- Permanent representative, Maarten De Smedt (permanent representative)
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €2,963
Net result €2,963 after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €13,745
Net result €13,745 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €7,951
Net result €7,951 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
Reforge
CurrentDirector · since 04-05-2026 · Private limited company · perm. rep.: Maarten De Smedt
Permanent representatives 1
Maarten De Smedt
CurrentPermanent representative · since 04-05-2026 · for Reforge
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Ground area
509 m²
Building footprint
311 m²
Volume, LiDAR
3,535 m³
Parcel 21524C0041/00Y021, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
RepQuest
since 20162.260.236.194
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0041/00Y021 | Brussels | 509 m² | 1 · 311 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Reforge |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
40%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
CertUp
Shared corporate director
→
Design et Development Technical Documentation
Shared corporate director
→
Similar companies · same sector, comparable size
North Digital
BE 0668.781.544
Gent · Eq €54,009
OPPORTUNITIES
BE 0476.752.129
Gent · Eq €54,187
Whale Media
BE 0690.700.574
Seraing · Eq €53,484
NAPSTERO CONSULTING
BE 0763.753.254
Chaumont-Gistoux · Eq €54,842
Vaak Sport
BE 0839.513.521
Leuven · Eq €53,081
Of 2,783 companies in sector 63910 we hold annual accounts for 699. 541 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
63910Web portal activities
58290Other software publishing
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0668359197
Registered
24-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.