Equity
-€386,033
Debts exceed assets in financial year 2025.
REVEL
Lifetime
1 annual account with figurespeak -€190,615 (2025)
-€190,615
lowest -€447,533 (2025)
-€447,533
peak -€386,033 (2025)
-€386,033
€19.2m
Board9 names since 2025
7 directors and 6 others
Owners
consolidates
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Loss of €447,533Incorporation 02-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€19.2m 102% of the balance sheet
Board
2 joined · 2 left
Board changed. Latest change 23-07-2026 · 5 in office.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 474 companies had the same profile as REVEL has now. Each dot is one company, two years later.
95.4%
were still trading
2.7%
stopped another way
1.5%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 474 companies, not a prediction for REVEL. 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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Signals
Board and ownership
Managing director,
Managing director,
Director, , since 20-03-2025
Director, , since 20-03-2025
Director, since 20-03-2025
Auditor,
- consolidatesannual accounts 2025
Recent changes
3 directors appointed, 1 resignation
Resignation: · Appointments: , (managing director) and (managing director) · Permanent representatives: , and · General meeting of 25-06-2026 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021706740
Incorporation
Appointments: , , , , , and 1 other · Permanent representatives: , and · Founder: · published on 02-04-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REVEL Liège | €18.8m | -€190,615 | -2.0% | - |
| ZOUTE CORNER DEVELOPMENT Aalter | €15.3m | -€328,983 | 10.2% | - |
| Schip & Hen Arendonk | €16.0m | -€17,710 | 36.2% | - |
| MM Develop II Deinze | €11.6m | -€129,229 | -0.6% | 0 |
| Recombel Ghent | €10.7m | -€5,105 | 99.5% | - |
| ERASME CAMPUS II Ottignies-Louvain-la-Neuve | €9.8m | -€159,829 | 1.2% | - |
| Real Estate Durbuy Durbuy | €12.7m | -€1,989 | 99.7% | - |
These companies have the same main activity as REVEL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €9.8m and €16m, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 31-03-2025Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.378.364.9724020 Liège, since 31-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €18.8m
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on REVEL
REVEL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€386,033) and a net result of -€447,533.
Its solvency ranks better than 14% of 12,427 sector peers (NACE 68, financial year 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 REVEL
- What is the company number of REVEL?
- The company number of REVEL is 1021.706.740. The VAT number is the same number with BE in front: BE 1021.706.740.
- Where is REVEL based?
- The registered office is at Rue de l'Ile-Monsin 109, 4020 Liège.Company details
- What does REVEL do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of REVEL?
- REVEL is a public limited company (NV).
- When was REVEL founded?
- REVEL was founded on 31-03-2025.
- Is REVEL still active?
- Yes, REVEL is an active enterprise in the KBO register.
- What is the turnover of REVEL?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is REVEL profitable?
- In financial year 2025, REVEL made a loss of €447,533.
- Where can I find the annual accounts of REVEL?
- REVEL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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