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REVAP

Active
Private limited companyfounded 20205 yrs activeBoterbloemlaan 47, 2980 Zoersel, BelgiumKBO/BCE: BE 0758.575.632
Summary

The computed 12-month bankruptcy probability of REVAP is 2.6% (moderate). The 2024 annual accounts show equity of €192,422 and a net result of €97,685. Equity is growing by ~77.8% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability51▼-1
Solvency35=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.18 in 2023; short-term debt: 84.4% and cash: 39.9% of total assets), and 89.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
9 d late
2022
39 d early
2021
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 9 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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 19 November 2020, REVAP was incorporated as a Private limited company.1 Total assets went from EUR 1.1 million in 2021 to EUR 1.9 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€192,422▲ 75.3%
2023 · €109,737
Total assets
€1.9m▲ 76.3%
2023 · €1.1m
Net result
€97,685▲ 61.9%
2023 · €60,336
Working capital
€291,932▲ 76.5%
2023 · €165,362
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result-€3,047-€58,357€80,354▲ 37.7%€131,504▲ 63.7%
Net result-€2,899-€47,300€60,336▲ 27.6%€97,685▲ 61.9%
Equity€2,101-€49,401▲ 2,251%€109,737▲ 122%€192,422▲ 75.3%
Total assets€1.1m-€1.1m▼ 7.0%€1.1m▲ 0.2%€1.9m▲ 76.3%
Debt€1.1m-€1.0m▼ 11.2%€954,243▼ 5.8%€1.7m▲ 76.4%
Working capital€67,506-€110,211▲ 63.3%€165,362▲ 50.0%€291,932▲ 76.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2021: -€3,047-€3,047Net result 2021: -€2,899-€2,899Operating result 2022: €58,357€58,357Net result 2022: €47,300€47,300Operating result 2023: €80,354€80,354Net result 2023: €60,336€60,336Operating result 2024: €131,504€131,504Net result 2024: €97,685€97,6852021202220232024€0€50,000€100,000€150,000Operating result 2022: €58,357€58,400Net result 2022: €47,300€47,300Operating result 2023: €80,354€80,400Net result 2023: €60,336€60,300Operating result 2024: €131,504€132,000Net result 2024: €97,685€97,700202220232024
The operating result has risen three years in a row; 2024 is 64% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.9m
Equity €192,422 ▲ 75.3%
Debt €1.7m ▲ 76.4%
Debt's share of the balance-sheet total rises from 89.7% to 89.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.18=
2023 · 1.18
Quick ratio
0.47▲
2023 · 0.44
Debt to equity
8.75▲
2023 · 8.70
ROE
50.8%▼
2023 · 55.0%
ROA
5.2%▼
2023 · 5.7%
Debt ≤ 1 year
€1.6m▲
2023 · €898,618
Income taxes
€33,759▲
2023 · €20,112
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,679 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.3% went bankrupt
1.2% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% 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 2,679 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 · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.9m▲
Current assets29/58€1.1m€1.9m▲
Stocks and contracts in progress3€669,593€1.1m▲
Stocks30/36€669,593€1.1m▲
Amounts receivable within one year40/41€380,648€815▼
Trade receivables40-€74
Other amounts receivable41€380,648€741▼
Cash at bank and in hand54/58€13,739€748,593▲
Deferred charges and accrued income490/1-€579
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.9m▲
Equity10/15€109,737€192,422▲
Contributions10/11€5,000€5,000=
Reserves13€104,737€187,422▲
Distributable reserves133€104,737€187,422▲
Amounts payable17/49€954,243€1.7m▲
Amounts payable within one year42/48€898,618€1.6m▲
Current portion of amounts payable after more than one year42€3,510-
Financial debts43€846,252€1.6m▲
Credit institutions430/8€846,252€1.6m▲
Trade debts44€16,948€30▼
Suppliers440/4€16,948€30▼
Taxes, remuneration and social security45€31,212€2,250▼
Taxes450/3€31,212€2,250▼
Other amounts payable47/48€696€13,446▲
Accrued charges and deferred income492/3€55,625€99,510▲
Income statement Code20232024
Other operating charges640/8€2,041€2,318▲
Gross operating margin9900€82,395€133,822▲
Operating profit (loss)9901€80,354€131,504▲
Financial income75/76B€93€0▼
Recurring financial income75€93€0▼
Financial charges65/66B-€60
Recurring financial charges65-€60
Profit (loss) for the period before taxes9903€80,447€131,444▲
Income taxes67/77€20,112€33,759▲
Profit (loss) for the period9904€60,336€97,685▲
Profit (loss) for the period to be appropriated9905€60,336€97,685▲
Appropriation of the result
Profit (loss) to be appropriated9906€60,336€97,685▲
Transfer to equity691/2€60,336€82,685▲
To other reserves6921€60,336€82,685▲
Profit to be distributed694/7-€15,000
Return on contributions (dividend)694-€15,000

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Other operating charges640/8€810€450€2,041€2,318▲ 13.6%
Gross operating margin9900-€2,238€58,806€82,395€133,822▲ 62.4%
Operating profit (loss)9901-€3,047€58,357€80,354€131,504▲ 63.7%
Financial income75/76B€148€74€93€0▼ 99.7%
Recurring financial income75€148€74€93€0▼ 99.7%
Financial charges65/66B-€30-€60-
Recurring financial charges65-€30-€60-
Profit (loss) for the period before taxes9903-€2,899€58,401€80,447€131,444▲ 63.4%
Income taxes67/77-€11,100€20,112€33,759▲ 67.9%
Profit (loss) for the period9904-€2,899€47,300€60,336€97,685▲ 61.9%
Profit (loss) for the period to be appropriated9905-€2,899€47,300€60,336€97,685▲ 61.9%
Line2021202220232024Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.9m▲ 76.3%
Current assets29/58€1.1m€1.1m€1.1m€1.9m▲ 76.3%
Stocks and contracts in progress3€1.1m€1.0m€669,593€1.1m▲ 68.2%
Stocks30/36€1.1m€1.0m€669,593€1.1m▲ 68.2%
Amounts receivable within one year40/41-€1,814€380,648€815▼ 99.8%
Trade receivables40-€1,814-€74-
Other amounts receivable41--€380,648€741▼ 99.8%
Cash at bank and in hand54/58€5,439€18,239€13,739€748,593▲ 5,349%
Deferred charges and accrued income490/1---€579-
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.9m▲ 76.3%
Equity10/15€2,101€49,401€109,737€192,422▲ 75.3%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13-€44,401€104,737€187,422▲ 78.9%
Distributable reserves133-€44,401€104,737€187,422▲ 78.9%
Profit (loss) carried forward14-€2,899----
Amounts payable17/49€1.1m€1.0m€954,243€1.7m▲ 76.4%
Amounts payable within one year42/48€1.1m€951,973€898,618€1.6m▲ 76.3%
Current portion of amounts payable after more than one year42-€3,510€3,510--
Financial debts43€1.0m€936,152€846,252€1.6m▲ 85.3%
Credit institutions430/8€1.0m€936,152€846,252€1.6m▲ 85.3%
Trade debts44€14,074€514€16,948€30▼ 99.8%
Suppliers440/4€14,074€514€16,948€30▼ 99.8%
Taxes, remuneration and social security45-€11,100€31,212€2,250▼ 92.8%
Taxes450/3-€11,100€31,212€2,250▼ 92.8%
Other amounts payable47/48€50,000€696€696€13,446▲ 1,831%
Accrued charges and deferred income492/3€65,405€60,810€55,625€99,510▲ 78.9%
Line2021202220232024Change
Profit (loss) for the period9904-€2,899€47,300€60,336€97,685▲ 61.9%
Operating cash flow (approximation)-€2,899€47,300€60,336€97,685▲ 61.9%
Change in cash-€12,799-€4,500€734,854▲ 16,430%

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

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial Highest result since 2021net €97,685 ▲61.9%
Operating result €131,504, net result €97,685, both a record.
31-12
Financial Equity above €150,000Eq €192,422 ▲75.3%
3 profitable years in a row build equity to €192,422.
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial Equity above €100,000Eq €109,737 ▲122%
2 profitable years in a row build equity to €109,737.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €47,300
Net result €47,300 after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Zoersel · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
979 m²
Building footprint
168 m²
Parcel 11017A0522/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
REVAP
Boterbloemlaan 47, 2980 ZoerselReal estate activities
since 20202.310.275.526
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11017A0522/00K000 Flanders 979 m² 1 · 167 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-11-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0758575632
Also 9925:BE0758575632
Registered 24-12-2025

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.