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RESET

Active
Private limited company (pre-2019)founded 20187 yrs activeKarel Coggestraat 11, 2600 Antwerpen, BelgiumKBO/BCE: BE 0712.581.301
Summary

RESET has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,719) and a net result of €5,766. Equity is shrinking by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 93 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.67 in 2024; short-term debt: 122.6% and cash: 39.3% of total assets), and equity is negative.
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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 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-33.2%
Return on assets
5.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 93 sector peers (2025).
NBB · sector comparison
Position among 93 sector peers
Solvency
better than 10%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
2 d early
2024
17 d early
2023
1 d early
2022
25 d late
2021
40 d early
2020
2 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 October 2018, RESET was incorporated.1 Total assets went from EUR 10,737 in 2018 to EUR 110,459 in 2025 and headcount from 1 full-time equivalents in 2019 to 2.1 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€36,719▲ 13.6%
2024 · -€42,484
Total assets
€110,459▼ 15.9%
2024 · €131,351
Net result
€5,766▼ 92.0%
2024 · €72,183
Working capital
-€42,352▲ 26.2%
2024 · -€57,374
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care 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
Line20212022202320242025
Operating result-€13,941▲ 71.9%-€15,868▼ 13.8%-€1,347▲ 91.5%€84,481€12,309▼ 85.4%
Net result-€19,523below the sector's middle half▲ 61.8%-€21,054below the sector's middle half▼ 7.8%-€8,255below the sector's middle half▲ 60.8%€72,183above the sector's middle half€5,766within the sector's middle half▼ 92.0%
Equity-€85,358below the sector's middle half▼ 29.7%-€106,412below the sector's middle half▼ 24.7%-€114,667below the sector's middle half▼ 7.8%-€42,484below the sector's middle half▲ 62.9%-€36,719below the sector's middle half▲ 13.6%
Total assets€56,042below the sector's middle half▼ 17.2%€23,790below the sector's middle half▼ 57.6%€59,289below the sector's middle half▲ 149%€131,351within the sector's middle half▲ 122%€110,459below the sector's middle half▼ 15.9%
Debt€141,400▲ 5.9%€130,201▼ 7.9%€173,956▲ 33.6%€173,836▼ 0.1%€147,177▼ 15.3%
Working capital-€69,217below the sector's middle half▼ 36.6%-€105,628below the sector's middle half▼ 52.6%-€119,324below the sector's middle half▼ 13.0%-€57,374below the sector's middle half▲ 51.9%-€42,352below the sector's middle half▲ 26.2%
Solvency-152.3%below the sector's middle half▼ 55.0pp-447.3%below the sector's middle half▼ 295.0pp-193.4%below the sector's middle half▲ 253.9pp-32.3%below the sector's middle half▲ 161.1pp-33.2%below the sector's middle half▼ 0.9pp
Current ratio0.39below the sector's middle half▼ 0.100.14below the sector's middle half▼ 0.260.27below the sector's middle half▲ 0.130.67below the sector's middle half▲ 0.400.69below the sector's middle half▲ 0.02
Return on assets (ROA)-34.8%below the sector's middle half▲ 40.7pp-88.5%below the sector's middle half▼ 53.7pp-13.9%below the sector's middle half▲ 74.6pp55.0%above the sector's middle half▲ 68.9pp5.2%within the sector's middle half▼ 49.7pp
Staff (FTE)2.5▲ 56.3%2▼ 20.0%2.2▲ 10.0%2.1▼ 4.5%2.1=
above within below the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: -€13,941-€13,941Net result 2021: -€19,523-€19,523Operating result 2022: -€15,868-€15,868Net result 2022: -€21,054-€21,054Operating result 2023: -€1,347-€1,347Net result 2023: -€8,255-€8,255Operating result 2024: €84,481€84,481Net result 2024: €72,183€72,183Operating result 2025: €12,309€12,309Net result 2025: €5,766€5,76620212022202320242025-€25,000€0€25,000€50,000€75,000Operating result 2023: -€1,347-€1,350Net result 2023: -€8,255-€8,260Operating result 2024: €84,481€84,500Net result 2024: €72,183€72,200Operating result 2025: €12,309€12,300Net result 2025: €5,766€5,770202320242025
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,459
Fixed assets €17,392 ▲ 4.0%
Current assets €93,067 ▼ 18.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
€16,986▼
2024 · €89,894
Cash flow
€10,443▼
2024 · €77,595
Debt to equity
-4.01▲
2024 · -4.09
Interest coverage
11.52▼
2024 · 35.95
Debt ≤ 1 year
€135,419▼
2024 · €172,001
Debt > 1 year
€94▲
2024 · €0
Income taxes
€5,587▼
2024 · €10,164
Staff costs
€145,438▲
2024 · €131,854
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.3% went bankrupt
5.6% stopped otherwise
89% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,178 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€131,351€110,459▼
Formation expenses20€0-
Fixed assets21/28€16,725€17,392▲
Intangible fixed assets21€2,621€1,443▼
Tangible fixed assets22/27€13,887€15,732▲
Plant, machinery and equipment23€3,568€4,652▲
Furniture and vehicles24€4,080€6,047▲
Other tangible fixed assets26€6,239€5,033▼
Financial fixed assets28€216€216=
Current assets29/58€114,627€93,067▼
Amounts receivable after more than one year29-€149
Other amounts receivable291-€149
Amounts receivable within one year40/41€96,984€49,457▼
Trade receivables40€92,051€46,989▼
Other amounts receivable41€4,933€2,468▼
Cash at bank and in hand54/58€17,286€43,461▲
Deferred charges and accrued income490/1€357-
Equity and liabilities
Total equity and liabilities10/49€131,351€110,459▼
Equity10/15-€42,484-€36,719▲
Contributions10/11€6,200€6,200=
Reserves13-€5,766
Distributable reserves133-€5,766
Profit (loss) carried forward14-€48,684-€48,684=
Amounts payable17/49€173,836€147,177▼
Amounts payable after more than one year17€0€94▲
Financial debts170/4€0-
Other amounts payable178/9-€94
Amounts payable within one year42/48€172,001€135,419▼
Current portion of amounts payable after more than one year42€6,316-
Financial debts43€4,874€5,486▲
Credit institutions430/8€4,874€5,486▲
Trade debts44€35,457€60,476▲
Suppliers440/4€35,457€59,783▲
Bills of exchange payable441-€693
Advances received on contracts in progress46€50,000-
Taxes, remuneration and social security45€46,291€52,102▲
Taxes450/3€24,626€27,725▲
Remuneration and social security454/9€21,665€24,378▲
Other amounts payable47/48€29,063€17,354▼
Accrued charges and deferred income492/3€1,835€11,665▲
Income statement Code20242025
Remuneration, social security and pensions62€131,854€145,438▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,413€4,677▼
Other operating charges640/8€3,783€3,655▼
Non-recurring operating charges66A€0-
Gross operating margin9900€225,531€166,079▼
Operating profit (loss)9901€84,481€12,309▼
Financial income75/76B€366€518▲
Recurring financial income75€366€518▲
Financial charges65/66B€2,501€1,475▼
Recurring financial charges65€2,501€1,475▼
Profit (loss) for the period before taxes9903€82,346€11,352▼
Income taxes67/77€10,164€5,587▼
Profit (loss) for the period9904€72,183€5,766▼
Profit (loss) for the period to be appropriated9905€72,183€5,766▼
Appropriation of the result
Profit (loss) to be appropriated9906-€48,684-€42,919▲
Profit (loss) brought forward from the previous period14P-€120,867-€48,684▲
Transfer to equity691/2-€5,766
To other reserves6921-€5,766

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€3,524€0---
Remuneration, social security and pensions62€110,806€95,346€138,317€131,854€145,438▲ 10.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,767€4,390€5,838€5,413€4,677▼ 13.6%
Other operating charges640/8€2,399€2,987€7,434€3,783€3,655▼ 3.4%
Non-recurring operating charges66A--€2,241€0--
Gross operating margin9900€106,031€86,855€152,483€225,531€166,079▼ 26.4%
Operating profit (loss)9901-€13,941-€15,868-€1,347€84,481€12,309▼ 85.4%
Financial income75/76B€16€6€187€366€518▲ 41.7%
Recurring financial income75€16€6€187€366€518▲ 41.7%
Financial charges65/66B€4,933€4,592€7,166€2,501€1,475▼ 41.0%
Recurring financial charges65€4,933€4,592€7,166€2,501€1,475▼ 41.0%
Profit (loss) for the period before taxes9903-€18,859-€20,455-€8,326€82,346€11,352▼ 86.2%
Income taxes67/77€664€599-€70€10,164€5,587▼ 45.0%
Profit (loss) for the period9904-€19,523-€21,054-€8,255€72,183€5,766▼ 92.0%
Profit (loss) for the period to be appropriated9905-€19,523-€21,054-€8,255€72,183€5,766▼ 92.0%
Line20212022202320242025Change
Assets
Total assets20/58€56,042€23,790€59,289€131,351€110,459▼ 15.9%
Formation expenses20€676€338€0€0--
Fixed assets21/28€10,913€6,861€15,992€16,725€17,392▲ 4.0%
Intangible fixed assets21€1,299€650€4,197€2,621€1,443▼ 44.9%
Tangible fixed assets22/27€7,014€3,612€11,579€13,887€15,732▲ 13.3%
Plant, machinery and equipment23--€1,572€3,568€4,652▲ 30.4%
Furniture and vehicles24€2,260€1,235€5,885€4,080€6,047▲ 48.2%
Other tangible fixed assets26€4,754€2,377€4,121€6,239€5,033▼ 19.3%
Financial fixed assets28€2,600€2,600€216€216€216=
Current assets29/58€44,453€16,590€43,297€114,627€93,067▼ 18.8%
Amounts receivable after more than one year29----€149-
Other amounts receivable291----€149-
Amounts receivable within one year40/41€21,227€15,013€37,615€96,984€49,457▼ 49.0%
Trade receivables40€21,227€14,611€36,208€92,051€46,989▼ 49.0%
Other amounts receivable41€0€403€1,407€4,933€2,468▼ 50.0%
Cash at bank and in hand54/58€21,226€1,577€1,982€17,286€43,461▲ 151%
Deferred charges and accrued income490/1€2,000€0€3,700€357--
Equity and liabilities
Total equity and liabilities10/49€56,042€23,790€59,289€131,351€110,459▼ 15.9%
Equity10/15-€85,358-€106,412-€114,667-€42,484-€36,719▲ 13.6%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13----€5,766-
Distributable reserves133----€5,766-
Profit (loss) carried forward14-€91,558-€112,612-€120,867-€48,684-€48,684=
Amounts payable17/49€141,400€130,201€173,956€173,836€147,177▼ 15.3%
Amounts payable after more than one year17€26,042€6,328€9,500€0€94-
Financial debts170/4€26,042€6,328€9,500€0--
Other amounts payable178/9----€94-
Amounts payable within one year42/48€113,670€122,218€162,621€172,001€135,419▼ 21.3%
Current portion of amounts payable after more than one year42€22,592€23,313€6,644€6,316--
Financial debts43€5,982€0€5,594€4,874€5,486▲ 12.6%
Credit institutions430/8€15€0€5,594€4,874€5,486▲ 12.6%
Other loans439€5,968-----
Trade debts44€23,635€23,701€41,203€35,457€60,476▲ 70.6%
Suppliers440/4€23,635€23,701€41,203€35,457€59,783▲ 68.6%
Bills of exchange payable441----€693-
Advances received on contracts in progress46---€50,000--
Taxes, remuneration and social security45€28,628€28,964€63,390€46,291€52,102▲ 12.6%
Taxes450/3€17,168€11,238€37,842€24,626€27,725▲ 12.6%
Remuneration and social security454/9€11,461€17,726€25,548€21,665€24,378▲ 12.5%
Other amounts payable47/48€32,833€46,241€45,791€29,063€17,354▼ 40.3%
Accrued charges and deferred income492/3€1,688€1,655€1,835€1,835€11,665▲ 536%
Line20212022202320242025Change
Profit (loss) for the period9904-€19,523-€21,054-€8,255€72,183€5,766▼ 92.0%
+ Depreciation and write-downs630€6,767€4,390€5,838€5,413€4,677▼ 13.6%
Operating cash flow (approximation)-€12,755-€16,664-€2,417€77,595€10,443▼ 86.5%
Investment in fixed assets (approximation)--€338-€14,969-€6,146-€5,344▲ 13.0%
Change in cash--€19,649€405€15,304€26,176▲ 71.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €72,183
Net result €72,183 after 6 loss-making years.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
379 m²
Building footprint
107 m²
Volume, LiDAR
1,007 m³
Parcel 11003A0155/00M002, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RESET
Karel Coggestraat 11, 2600 AntwerpenOther education
since 20182.281.563.922
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0155/00M002 Flanders 379 m² 1 · 107 m² 10.9 m · 3 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 3,843 EUR awarded · 6,363 EUR paid
Year Entries awardedpaid
2025 1 0 EUR266 EUR
2024 1 2,576 EUR2,310 EUR
2023 1 0 EUR2,520 EUR
2022 1 1,267 EUR1,267 EUR
Schemes
3 entries · 2,576 EUR · 5,096 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 1,267 EUR · 1,267 EUR paid · Departement Werk en Sociale Economie

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded25-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
87204Residential care activities
88992Social work activities without accommodation
85599Other education
88991Social work activities without accommodation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0712581301
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.