RETON
Open bankruptcyA bankruptcy procedure is open for RETON according to publications in the Belgian State Gazette; curator: NICOLAS CLAERHOUT. The 2024 annual accounts show equity of €64k and a net result of €-116k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€116k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2090 sector peers (2024).
NBB · sector comparisonPosition among 2090 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-02-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
4 d late
2023
on the day
2022
24 d late
2021
on the day
2020
4 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€64k▼ 64.4%
2023 · €180k
2019: €203k
2020: €203k
2021: €207k
2022: €222k
2023: €180k
2019 → 2024
Total assets
€355k▼ 14.5%
2023 · €415k
2019: €504k
2020: €494k
2021: €443k
2022: €508k
2023: €415k
2019 → 2024
Net result
€-116k▼ 174%
2023 · €-42k
2019: €33k
2020: €-159
2021: €4k
2022: €15k
2023: €-42k
2019 → 2024
Working capital
€46k▼ 65.2%
2023 · €132k
2019: €184k
2020: €155k
2021: €172k
2022: €184k
2023: €132k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€203k-€207k▲ 2.1%€222k▲ 7.1%€180k▼ 19.0%€64k▼ 64.4%
Operating result€5k-€7k▲ 34.9%€23k▲ 222%€-34k€-113k▼ 232%
Net result€-159-€4k€15k▲ 236%€-42k€-116k▼ 174%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €113k in 2024 against €34k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €355k
Fixed assets
€45k▼ 44.6%
Current assets
€310k▼ 7.2%
Equity and liabilities €355k
Equity
€64k▼ 64.4%
Debt
€291k▲ 23.6%
The debt ratio rises from 56.7% to 82.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-98k▼
2023 · €-12k
Cash flow
€-101k▼
2023 · €-21k
Solvency
18.0%▼
2023 · 43.3%
Current ratio
1.17▼
2023 · 1.65
Quick ratio
0.23▼
2023 · 1.16
Debt / equity
4.55▲
2023 · 1.31
ROE
-180.7%▼
2023 · -23.5%
ROA
-32.6%▼
2023 · -10.2%
Interest coverage
-40.11▼
2023 · -1.51
Debt
€291k▲
2023 · €236k
Debt ≤ 1 year
€265k▲
2023 · €202k
Debt > 1 year
€26k▼
2023 · €33k
Income taxes
€673▲
2023 · €596
Staff costs
€183k▼
2023 · €230k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€415k€355k▼
Fixed assets21/28€81k€45k▼
Tangible fixed assets22/27€80k€43k▼
Plant, machinery and equipment23€24k€1k▼
Furniture and vehicles24€55k€42k▼
Other tangible fixed assets26€1k€662▼
Financial fixed assets28€1k€1k=
Current assets29/58€334k€310k▼
Stocks and contracts in progress3€100k€250k▲
Contracts in progress37€100k€250k▲
Amounts receivable within one year40/41€182k€50k▼
Trade receivables40€157k€41k▼
Other amounts receivable41€26k€8k▼
Cash at bank and in hand54/58€52k€11k▼
Equity and liabilities
Total equity and liabilities10/49€415k€355k▼
Equity10/15€180k€64k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€165k€50k▼
Amounts payable17/49€236k€291k▲
Amounts payable after more than one year17€33k€26k▼
Financial debts170/4€33k€26k▼
Amounts payable within one year42/48€202k€265k▲
Current portion of amounts payable after more than one year42€22k€17k▼
Trade debts44€56k€117k▲
Suppliers440/4€56k€117k▲
Taxes, remuneration and social security45€28k€39k▲
Taxes450/3€12k€14k▲
Remuneration and social security454/9€15k€25k▲
Other amounts payable47/48€97k€92k▼
Accrued charges and deferred income492/3-€296
Income statement
Code20232024
Non-recurring operating income76A€11k€61k▲
Remuneration, social security and pensions62€230k€183k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€15k▼
Other operating charges640/8€1k€13k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€219k€101k▼
Operating profit (loss)9901€-34k€-113k▼
Financial income75/76B€361€73▼
Recurring financial income75€361€73▼
Financial charges65/66B€8k€2k▼
Recurring financial charges65€8k€2k▼
Profit (loss) for the period before taxes9903€-42k€-115k▼
Income taxes67/77€596€673▲
Profit (loss) for the period9904€-42k€-116k▼
Profit (loss) for the period to be appropriated9905€-42k€-116k▼
Appropriation of the result
Profit (loss) to be appropriated9906€165k€50k▼
Profit (loss) brought forward from the previous period14P€208k€165k▼
Social balance
Average headcount (FTE)90874.74.2▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · RETON BV GROENEWEG 31, 9870 ZULTE · event 21-10-2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €-116k
Net result drops to €-116k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zulte · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Groeneweg 319870 ZulteGround area
973 m²
Building footprint
148 m²
Volume, LiDAR
1,081 m³
Parcel 44050B0697/00F000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RETON
since 20102.194.107.831
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050B0697/00F000 | Flanders | 973 m² | 1 · 148 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICOLAS CLAERHOUT KERKSTRAAT 3, 9950 WAAR-
SCHOOT |
21-10-2025 → present |
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 13,047 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-11-2010
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.