Equity
€250,608 from €494,339 in 2022
Equity fell by 49% in 3 years.
REUSE
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €402,912 (2021)
€303,734▼ 7.7%
lowest -€1,975 (2006)
€41,900▼ 35.0%
peak €494,339 (2022)
€250,608▲ 20.1%
€179,083▼ 17.3%
peak 6.4 FTE (2010)
-not published
Board3 names since 2017
-
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Result from €64,471 to €41,900Equity from €208,708 to €250,608Debts from €216,572 to €179,083Cash from €113,384 to €74,762
Key points
from the 2025 annual accountsTurnover
≈ €610,000 estimated
The accounts state no turnover.
Staff
4.1 FTE from 6.4 in 2010
Between 2010 and 2025, 36% of the full-time equivalents disappeared.
Liquidity
2.90 was 1.76 in 2024
Short-term debts fell from €175,844 to €118,532.
Filings
35 annual accounts since 1991
The last five annual accounts were filed 46 to 65 days before the end of the period.
Restructuring
2024
Branch transferred to IMMOLUK. Contribution on 12-06-2024.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as REUSE has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for REUSE. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0443694034
Demerger: REUSE splits off to IMMOLUK
Capital of €41,910.33 · Reappointments: (managing director) and (director) · Permanent representative: · Gazette deed
Demerger proposal: REUSE splits off to IMMOLUK
Permanent representative: · Legal-form conversion: from public limited company to private limited company · Gazette deed
Demerger proposal: REUSE splits off to IMMOLUK BV
Permanent representative: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REUSE Berchem-Sainte-Agathe | €429,691 | €303,734 | 58.3% | - |
| Inbraakveilig Knokke Knokke-Heist | €529,786 | €277,353 | 74.5% | - |
| FRANK Eupen | €394,144 | €278,802 | 35.2% | 4.4 |
| TRC Concept Plombières | €483,243 | €272,925 | 35.6% | - |
| PEEVER INTERNATIONAL Ixelles | €723,475 | €293,569 | 75.5% | 2.8 |
| VERMES Torhout | €498,416 | €364,901 | 34.7% | 3 |
| DE RECHTER - HAVE Sint-Niklaas | €632,888 | €203,813 | 23.1% | - |
These companies have the same main activity as REUSE: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €394,000 and €723,000, founded between 1987 and 1995.
Official details
Source: KBO- Status
- Active since 29-03-1991Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25999and 1 other
- Establishment units
- 2.052.865.1411080 Molenbeek-Saint-Jean, since 14-05-1991
- 2.219.436.3131080 Molenbeek-Saint-Jean, since 12-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 01-07-2025
Annual accounts 2025
- €429,691▲ 1.0%
- Employeeson 31-12-2025
- 4▼ 33.3%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on REUSE
REUSE files the micro format. That format states no turnover. The gross margin rose from €203,365 in 2006 to €303,734 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about REUSE
- What is the company number of REUSE?
- The company number of REUSE is 0443.694.034. The VAT number is the same number with BE in front: BE 0443.694.034.
- Where is REUSE based?
- The registered office is at de Selliers de Moranvillelaan 28, 1082 Berchem-Sainte-Agathe.Company details
- What does REUSE do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
- What is the legal form of REUSE?
- REUSE is a private limited company (BV).
- When was REUSE founded?
- REUSE was founded on 29-03-1991.
- Is REUSE still active?
- Yes, REUSE is an active enterprise in the KBO register.
- How many employees does REUSE have?
- REUSE had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of REUSE?
- The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €303,734 and 877 comparable companies of the same size. It probably lies between €420,000 and €890,000. It is a rough estimate.
- Is REUSE profitable?
- In financial year 2025, REUSE made a profit of €41,900.
- Where can I find the annual accounts of REUSE?
- REUSE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of REUSE due?
- REUSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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