REQ
REQ has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €391k and a net result of €98k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €391k |
| Net result | €98k |
| Better than sector | 80% |
| Active | 12 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 77.3% | 34.9% | |
| Net result | €98k | €5k | |
| Equity | €391k | €56k | |
| Gross operating margin | €135k | €37k | |
| Total assets | €505k | €261k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €134k | €145k | €134k | €42k | €22k |
| Net profit | €98k | €101k | €87k | €33k | €13k |
| Cash flow | €98k | €101k | €87k | €36k | €16k |
| Staff costs | - | - | - | - | - |
| Income taxes | €41k | €47k | €46k | €8k | €7k |
| Dividends | - | - | - | - | - |
| Total assets | €505k | €567k | €384k | €221k | €236k |
| Equity | €391k | €294k | €193k | €106k | €89k |
| Debt | €115k | €273k | €191k | €115k | €147k |
| of which ≤ 1y | €114k | €273k | €191k | €115k | €147k |
| of which > 1y | - | - | - | €0 | - |
| Working capital | €390k | €293k | €193k | €105k | €85k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.41 | 2.07 | 2.01 | 1.91 | 1.58 |
| Quick ratio | 4.15 | 1.91 | 1.88 | 1.09 | 0.94 |
| Working capital ratio | 77.2% | 51.7% | 50.4% | 47.3% | 36.1% |
| Solvency | 77.3% | 51.9% | 50.3% | 48.1% | 37.9% |
| Debt / equity | 0.29 | 0.93 | 0.99 | 1.08 | 1.64 |
| Long-term debt ratio | - | - | - | 0.00 | - |
| Interest coverage | 140.78 | 79.89 | 111.49 | 51.91 | 51.48 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 19.3% | 17.8% | 22.6% | 15.1% | 5.6% |
| ROE | 25.0% | 34.4% | 44.9% | 31.4% | 14.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €505k | €567k | €384k | €221k | €236k |
| Fixed assets | 21/28 | €686 | €1k | €0 | €2k | €4k |
| Formation expenses | 20 | - | - | - | €0 | €0 |
| Tangible fixed assets | 22/27 | €686 | €1k | €0 | €2k | €4k |
| Current assets | 29/58 | €505k | €566k | €384k | €219k | €232k |
| Stocks & contracts in progress | 3 | €29k | €44k | €26k | €94k | €94k |
| Amounts receivable within one year | 40/41 | €51k | €37k | €9k | €41k | €2k |
| Cash & bank | 54/58 | €307k | €352k | €348k | €84k | €136k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €505k | €567k | €384k | €221k | €236k |
| Equity | 10/15 | €391k | €294k | €193k | €106k | €89k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €378k | €279k | €178k | €91k | €74k |
| Accumulated profits (losses) | 14 | €0 | €3k | €3k | €3k | €3k |
| Provisions & deferred taxes | 16 | - | - | - | €0 | - |
| Amounts payable | 17/49 | €115k | €273k | €191k | €115k | €147k |
| Amounts payable after one year | 17 | - | - | - | €0 | - |
| Amounts payable within one year | 42/48 | €114k | €273k | €191k | €115k | €147k |
| Trade debts payable within one year | 44 | €9k | €23k | €45k | €49k | €109k |
| Income statement | ||||||
| Gross operating margin | 9900 | €135k | €146k | €137k | €44k | €23k |
| Operating result | 9901 | €133k | €144k | €134k | €40k | €19k |
| Financial income | 75 | €6k | €5k | €542 | €2k | €1k |
| Financial charges | 65 | €951 | €2k | €1k | €815 | €426 |
| Result before taxes | 9903 | €138k | €148k | €133k | €42k | €20k |
| Income taxes | 67/77 | €41k | €47k | €46k | €8k | €7k |
| Net result for the period | 9904 | €98k | €101k | €87k | €33k | €13k |
| Result to be appropriated | 9905 | €98k | €101k | €87k | €33k | €13k |
| NACE primary | Waste collection, recovery and disposal activities(38110) |
| Legal form | Private limited company(610) |
| Incorporation | 24-07-2014 |
| Status | Active |
| Postal code | 2960 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0002/00V009 | Flanders | 1,161 m² | 1 · 723 m² | 10.9 m · 1 fl. |
| 11009A0329/00P007 | Flanders | 734 m² | 1 · 106 m² | 10.7 m |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-03-2023 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "bestuurder",
"person": {
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"name": "KASSEM Ahmed",
"address": "2960 Brecht, Gloriantdreef 11",
"birth_date": "1976-04-12",
"profession": null,
"birth_place": "Dakahliya, Egypte"
},
"reason": "end_of_term",
"subkind": "additional",
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
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"mandate_duration": {
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},
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},
{
"kind": "substantive_delegation",
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"person": {
"rrn": null,
"name": "KASSEM Ahmed",
"address": "2960 Brecht, Gloriantdreef 11",
"birth_date": "1976-04-12",
"profession": null,
"birth_place": "Dakahliya, Egypte"
},
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},
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},
{
"kind": "substantive_delegation",
"role": "commissaris",
"person": {
"rrn": null,
"name": "AERTS Martine",
"address": null,
"birth_date": null,
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"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0833.243.460",
"name": "FS-CONSULT",
"address": "2960 Brecht, Veenlaan 38",
"country": "BE",
"legal_form": "co\u00F6peratieve vennootschap"
},
"statutory": null,
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},
{
"kind": "substantive_delegation",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Tania Portier",
"address": null,
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},
"reason": null,
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},
"rep_rotation_new_rep": null,
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}
],
"notary": {
"name": "Wouter NOUWKENS",
"firm_city": null,
"firm_name": "Notariaat Nouwkens \u0026 Portier",
"office_city": "Malle",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-29",
"filing_date": "2023-03-27",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-03-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0556.881.354",
"name_full": "REQ BVBA",
"legal_form": "BVBA"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Notariaat Nouwkens \u0026 Portier",
"person_name": null,
"org_rep_person_name": "Wouter Nouwkens",
"person_role_at_subject": null
},
"co_filed_documents": [
"Afschrift akte",
"Co\u00F6rdinatie (bewaard in de Databank van Statuten)"
],
"corrected_publication_numac": null
}| Legal nameNL | REQ |