REVABO
ActiveSummary
REVABO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €371,048 and a net result of €19,343. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 240 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-7
Solvency50▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.97 in 2023; short-term debt: 67.2% and cash: 14.2% of total assets), and 75.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 confirmed
2024
61 d late
2023
58 d late
2022
74 d late
2021
61 d late
2020
136 d late
2019
92 d late
← 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 80 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€371,048▲ 5.5%
2023 · €351,705
Total assets
€1.5m▼ 10.3%
2023 · €1.7m
Net result
€19,343▼ 83.0%
2023 · €113,673
Working capital
-€42,703▼ 8.9%
2023 · -€39,230
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal 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€62,531▲ 25,450%€34,783▼ 44.4%€14,617▼ 58.0%€143,198▲ 880%€27,839▼ 80.6%
Net result€46,654within the sector's middle half▲ 407%€25,644within the sector's middle half▼ 45.0%€11,689within the sector's middle half▼ 54.4%€113,673within the sector's middle half▲ 873%€19,343within the sector's middle half▼ 83.0%
Equity€200,700within the sector's middle half▲ 34.7%€226,344within the sector's middle half▲ 12.8%€238,032within the sector's middle half▲ 5.2%€351,705within the sector's middle half▲ 47.8%€371,048within the sector's middle half▲ 5.5%
Total assets€369,181below the sector's middle half▼ 0.4%€413,394below the sector's middle half▲ 12.0%€2.1mwithin the sector's middle half▲ 399%€1.7mwithin the sector's middle half▼ 19.5%€1.5mwithin the sector's middle half▼ 10.3%
Debt€142,875▼ 24.6%€173,809▲ 21.7%€1.8m▲ 945%€1.3m▼ 28.3%€1.1m▼ 14.5%
Working capital€197,756▲ 102%€181,357▼ 8.3%-€219,958-€39,230▲ 82.2%-€42,703▼ 8.9%
Solvency54.4%within the sector's middle half▲ 14.2pp54.8%within the sector's middle half▲ 0.4pp11.5%below the sector's middle half▼ 43.2pp21.2%within the sector's middle half▲ 9.6pp24.9%within the sector's middle half▲ 3.7pp
Staff (FTE)1.2below the sector's middle half=0.4below the sector's middle half▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€530,879 ▼ 7.8%
Current assets
€958,493 ▼ 11.7%
Equity and liabilities €1.5m
Equity
€371,048 ▲ 5.5%
Provisions
€4,253 ▼ 37.0%
Debt
€1.1m ▼ 14.5%
Debt's share of the balance-sheet total falls from 78.4% to 74.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€111,809▼
2023 · €220,558
Cash flow
€103,313▼
2023 · €191,033
Current ratio
0.96▼
2023 · 0.97
Quick ratio
0.87▼
2023 · 0.88
Debt to equity
3.00▼
2023 · 3.70
ROE
5.2%▼
2023 · 32.3%
ROA
1.3%▼
2023 · 6.8%
Interest coverage
15.41▼
2023 · 37.76
Debt ≤ 1 year
€1.0m▼
2023 · €1.1m
Debt > 1 year
€52,270▼
2023 · €89,791
Income taxes
€9,670▼
2023 · €41,551
Staff costs
€4,101▲
2023 · €3,318
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 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% | 1.6% |
| 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 74% 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 4,653 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 | - | €14,401 | €287 | €3,318 | €4,101 | ▲ 23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,287 | €25,963 | €44,077 | €77,360 | €83,971 | ▲ 8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €14,786 | -€14,786 | - | - |
| Other operating charges640/8 | - | €25,282 | €22,558 | €93,376 | €95,868 | ▲ 2.7% |
| Non-recurring operating charges66A | - | - | €4,300 | €20 | - | - |
| Gross operating margin9900 | €188,432 | €100,428 | €100,625 | €302,486 | €211,779 | ▼ 30.0% |
| Operating profit (loss)9901 | €62,531 | €34,783 | €14,617 | €143,198 | €27,839 | ▼ 80.6% |
| Financial income75/76B | - | €3,313 | €9,874 | €15,367 | €5,930 | ▼ 61.4% |
| Recurring financial income75 | €3,051 | €3,313 | €9,874 | €15,367 | €5,930 | ▼ 61.4% |
| Financial charges65/66B | - | €1,831 | €3,449 | €5,842 | €7,257 | ▲ 24.2% |
| Recurring financial charges65 | €1,256 | €1,496 | €3,249 | €5,842 | €7,257 | ▲ 24.2% |
| Non-recurring financial charges66B | - | €335 | €200 | - | - | - |
| Profit (loss) for the period before taxes9903 | €64,200 | €36,264 | €21,043 | €152,724 | €26,513 | ▼ 82.6% |
| Transfer from deferred taxes780 | - | €12,365 | €3,988 | €2,500 | €2,500 | = |
| Income taxes67/77 | €19,253 | €22,985 | €13,342 | €41,551 | €9,670 | ▼ 76.7% |
| Profit (loss) for the period9904 | €46,654 | €25,644 | €11,689 | €113,673 | €19,343 | ▼ 83.0% |
| Transfer from tax-exempt reserves789 | - | €37,094 | €11,963 | €7,500 | €7,500 | = |
| Profit (loss) for the period to be appropriated9905 | €51,775 | €62,738 | €23,652 | €121,173 | €26,843 | ▼ 77.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €369,181 | €413,394 | €2.1m | €1.7m | €1.5m | ▼ 10.3% |
| Fixed assets21/28 | €28,550 | €58,228 | €611,487 | €575,927 | €530,879 | ▼ 7.8% |
| Tangible fixed assets22/27 | €28,475 | €58,153 | €611,487 | €575,927 | €530,879 | ▼ 7.8% |
| Land and buildings22 | - | - | €389,025 | €378,321 | €369,794 | ▼ 2.3% |
| Plant, machinery and equipment23 | - | €53,444 | €71,712 | €63,655 | €43,933 | ▼ 31.0% |
| Furniture and vehicles24 | - | €4,709 | €10,818 | €8,374 | €5,930 | ▼ 29.2% |
| Leasing and similar rights25 | - | - | €139,932 | €125,577 | €111,222 | ▼ 11.4% |
| Financial fixed assets28 | €75 | €75 | - | - | - | - |
| Current assets29/58 | €340,631 | €355,165 | €1.5m | €1.1m | €958,493 | ▼ 11.7% |
| Stocks and contracts in progress3 | - | - | €159,903 | €90,860 | €88,575 | ▼ 2.5% |
| Stocks30/36 | - | - | €159,903 | €90,860 | €88,575 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €308,550 | €296,795 | €1.1m | €874,932 | €659,102 | ▼ 24.7% |
| Trade receivables40 | - | €154,958 | €272,560 | €515,381 | €419,929 | ▼ 18.5% |
| Other amounts receivable41 | - | €141,837 | €867,586 | €359,551 | €239,173 | ▼ 33.5% |
| Cash at bank and in hand54/58 | €31,504 | €58,370 | €151,956 | €119,524 | €210,815 | ▲ 76.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €369,181 | €413,394 | €2.1m | €1.7m | €1.5m | ▼ 10.3% |
| Equity10/15 | €200,700 | €226,344 | €238,032 | €351,705 | €371,048 | ▲ 5.5% |
| 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 | = |
| Reserves13 | €138,700 | €164,344 | €176,032 | €289,705 | €309,048 | ▲ 6.7% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €39,724 | €27,760 | €20,260 | €12,760 | ▼ 37.0% |
| Distributable reserves133 | - | €118,420 | €142,072 | €263,245 | €290,088 | ▲ 10.2% |
| Provisions and deferred taxes16 | €25,606 | €13,241 | €9,253 | €6,753 | €4,253 | ▼ 37.0% |
| Deferred taxes168 | - | €13,241 | €9,253 | €6,753 | €4,253 | ▼ 37.0% |
| Amounts payable17/49 | €142,875 | €173,809 | €1.8m | €1.3m | €1.1m | ▼ 14.5% |
| Amounts payable after more than one year17 | - | - | €134,870 | €89,791 | €52,270 | ▼ 41.8% |
| Financial debts170/4 | - | - | €134,870 | €89,791 | €52,270 | ▼ 41.8% |
| Amounts payable within one year42/48 | €142,875 | €173,809 | €1.7m | €1.1m | €1.0m | ▼ 11.0% |
| Current portion of amounts payable after more than one year42 | - | - | €43,894 | €45,079 | €37,520 | ▼ 16.8% |
| Financial debts43 | - | €10,000 | - | €75,000 | €20,710 | ▼ 72.4% |
| Credit institutions430/8 | - | €10,000 | - | €75,000 | €20,710 | ▼ 72.4% |
| Trade debts44 | €101,542 | €141,571 | €1.6m | €1.0m | €942,965 | ▼ 6.1% |
| Suppliers440/4 | - | €141,571 | €1.6m | €1.0m | €942,965 | ▼ 6.1% |
| Taxes, remuneration and social security45 | - | €22,238 | €36,220 | - | - | - |
| Taxes450/3 | - | €22,238 | €36,220 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €9,374 | €88,447 | €60,604 | ▼ 31.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,654 | €25,644 | €11,689 | €113,673 | €19,343 | ▼ 83.0% |
| + Depreciation and write-downs630 | €48,287 | €25,963 | €44,077 | €77,360 | €83,971 | ▲ 8.5% |
| Operating cash flow (approximation) | €94,941 | €51,607 | €55,765 | €191,033 | €103,313 | ▼ 45.9% |
| Investment in fixed assets (approximation) | - | -€55,641 | -€597,336 | -€41,799 | -€38,923 | ▲ 6.9% |
| Change in cash | - | €26,866 | €93,586 | -€32,432 | €91,292 | ▲ 381% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-12
Financial
Highest result since 2018net €113,673 ▲873%
Operating result €143,198, net result €113,673, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 74 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 136 days late
2020
31-12
Financial
Equity above €200,000Eq €200,700 ▲34.7%
3 profitable years in a row build equity to €200,700.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €9,203 ▼64.1%
Net result drops to €9,203, the lowest in the series; recovery starts the following year.
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 79 days late
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 99 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Willebroek · 2 establishment units since 2002
Ground area
6.1 ha
Building footprint
155 m²
Volume, LiDAR
284 m³
2 parcels, Flanders · tallest building 4.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Revabo Brasschaat
since 20022.380.869.255
Revabo Willebroek
since 20242.380.706.929
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0077/00X000 | Flanders | 6.1 ha | 1 · 81 m² | 4.4 m · 1 fl. |
| 11322C0024/00X002 | Flanders | 634 m² | 1 · 74 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
HENS STIJN
10 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- HENS STIJN
- ALFRENS
- REVABO
Highest known parent: HENS STIJN. The sources do not say who stands above it.
Owners 1
- ALFRENSparentSourceaccounts ALFRENS 202499.87%
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
No current directors or connected companies found in the register.
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Of 978 companies in sector 38210 we hold annual accounts for 587. 400 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
Founded23-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
42110Construction of roads and motorways
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438748420
Also
9925:BE0438748420
Registered
02-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.