REVOR GROUP
ActiveSummary
REVOR GROUP has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.18M and a net result of €931k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 37% of 154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+3
Solvency70▲+4
Growth40▲+18
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.97 in 2024; short-term debt: 18.8% and cash: 2.7% of total assets), but 55.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.5%
Return on assets
3.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €12.18M
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
14 d early
2023
14 d early
2022
14 d early
2021
23 d early
2020
60 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€31.34M▲ 12.9%
2024 · €27.77M
2018: €58.42M
2019: €29.02M
2020: €23.99M
2021: €27.59M
2022: €28.47M
2023: €29.20M
2024: €27.77M
2018 → 2025
EBIT margin
4.6%▲ 1.2pp
2024 · 3.4%
2018: 2.0%
2019: 4.0%
2020: 0.1%
2021: 3.8%
2022: 0.2%
2023: 6.4%
2024: 3.4%
2018 → 2025
Net result
€931k▲ 116%
2024 · €430k
2018: €768k
2019: €641k
2020: €105k
2021: €536k
2022: €-227k
2023: €1.31M
2024: €430k
2018 → 2025
Working capital
€4.82M▼ 0.4%
2024 · €4.84M
2018: €3.66M
2019: €6.33M
2020: €5.45M
2021: €5.94M
2022: €5.73M
2023: €5.13M
2024: €4.84M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€27.59M-€28.47M▲ 3.2%€29.20M▲ 2.6%€27.77M▼ 4.9%€31.34M▲ 12.9%
Equity€13.21M-€9.88M▼ 25.2%€11.07M▲ 12.0%€11.38M▲ 2.8%€12.18M▲ 7.1%
Operating result€1.06M-€51k▼ 95.2%€1.88M▲ 3,585%€935k▼ 50.3%€1.43M▲ 53.0%
Net result€536k-€-227k€1.31M€430k▼ 67.2%€931k▲ 116%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.36M
Fixed assets
€17.40M ▼ 3.4%
Current assets
€9.97M ▲ 1.3%
Equity and liabilities €27.36M
Equity
€12.18M ▲ 7.1%
Provisions
€582k ▼ 8.4%
Debt
€14.60M ▼ 7.8%
Debt's share of the balance-sheet total falls from 56.9% to 53.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.20M▲
2024 · €2.59M
Cash flow
€2.70M▲
2024 · €2.08M
Current ratio
1.94▼
2024 · 1.97
Quick ratio
0.88▼
2024 · 0.93
Debt to equity
1.20▼
2024 · 1.39
ROE
7.6%▲
2024 · 3.8%
ROA
3.4%▲
2024 · 1.5%
Interest coverage
9.31▲
2024 · 7.52
Debt ≤ 1 year
€5.15M▲
2024 · €5.00M
Debt > 1 year
€9.38M▼
2024 · €10.78M
Income taxes
€125k▲
2024 · €63k
Staff costs
€6.69M▼
2024 · €6.84M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 97 lines
Balance sheet
Code20242025
Assets
Total assets20/58€27.85M€27.36M▼
Fixed assets21/28€18.01M€17.40M▼
Intangible fixed assets21€2.23M€2.00M▼
Tangible fixed assets22/27€15.37M€14.99M▼
Land and buildings22€556k€645k▲
Plant, machinery and equipment23€882k€921k▲
Furniture and vehicles24€157k€153k▼
Leasing and similar rights25€13.78M€13.27M▼
Financial fixed assets28€405k€405k=
Affiliated companies280/1€400k€400k=
Participating interests280€400k€400k=
Other financial fixed assets284/8€5k€5k=
Amounts receivable and cash guarantees285/8€5k€5k=
Current assets29/58€9.84M€9.97M▲
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Stocks and contracts in progress3€5.21M€5.43M▲
Stocks30/36€5.21M€5.43M▲
Raw materials and consumables30/31€2.45M€2.45M▼
Work in progress32€341k€288k▼
Finished goods33€1.73M€1.91M▲
Goods purchased for resale34€694k€789k▲
Amounts receivable within one year40/41€3.99M€3.47M▼
Trade receivables40€3.42M€3.05M▼
Other amounts receivable41€564k€417k▼
Cash at bank and in hand54/58€320k€740k▲
Deferred charges and accrued income490/1€220k€223k▲
Equity and liabilities
Total equity and liabilities10/49€27.85M€27.36M▼
Equity10/15€11.38M€12.18M▲
Contributions10/11€486k€486k=
Capital10€486k€486k=
Issued capital100€486k€486k=
Outside capital11€103€103=
Share premium1100/10€103€103=
Reserves13€10.89M€11.70M▲
Non-distributable reserves130/1€231k€231k=
Legal reserve130€231k€231k=
Tax-exempt reserves132€1.91M€1.75M▼
Distributable reserves133€8.75M€9.72M▲
Provisions and deferred taxes16€635k€582k▼
Deferred taxes168€635k€582k▼
Amounts payable17/49€15.84M€14.60M▼
Amounts payable after more than one year17€10.78M€9.38M▼
Financial debts170/4€10.78M€9.38M▼
Subordinated loans170€927k€927k=
Leasing and similar obligations172€7.45M€6.66M▼
Credit institutions173€2.41M€1.80M▼
Amounts payable within one year42/48€5.00M€5.15M▲
Current portion of amounts payable after more than one year42€1.11M€1.16M▲
Trade debts44€1.90M€2.43M▲
Suppliers440/4€1.90M€2.43M▲
Advances received on contracts in progress46€373k€0▼
Taxes, remuneration and social security45€1.31M€1.25M▼
Taxes450/3€229k€249k▲
Remuneration and social security454/9€1.08M€1.00M▼
Other amounts payable47/48€301k€305k▲
Accrued charges and deferred income492/3€54k€71k▲
Income statement
Code20242025
Operating income70/76A€28.14M€32.07M▲
Turnover70€27.77M€31.34M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-315k€130k▲
Own construction capitalised72€265k€223k▼
Other operating income74€415k€372k▼
Non-recurring operating income76A€150€0▼
Operating charges60/66A€27.20M€30.64M▲
Goods for resale, raw materials and consumables60€13.07M€14.96M▲
Purchases600/8€12.98M€15.05M▲
Change in stocks: decrease (increase)609€95k€-92k▼
Services and other goods61€5.25M€6.66M▲
Remuneration, social security and pensions62€6.84M€6.69M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.65M€1.77M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k€-1k▼
Other operating charges640/8€369k€431k▲
Non-recurring operating charges66A€30€130k▲
Operating profit (loss)9901€935k€1.43M▲
Financial income75/76B€196k€313k▲
Recurring financial income75€196k€313k▲
Income from current assets751€9k€10k▲
Other financial income752/9€187k€303k▲
Financial charges65/66B€682k€741k▲
Recurring financial charges65€682k€741k▲
Debt charges650€344k€344k▲
Other financial charges652/9€338k€397k▲
Profit (loss) for the period before taxes9903€449k€1.00M▲
Transfer from deferred taxes780€44k€53k▲
Transfer to deferred taxes680€0€0=
Income taxes67/77€63k€125k▲
Taxes670/3€63k€125k▲
Profit (loss) for the period9904€430k€931k▲
Transfer from tax-exempt reserves789€132k€160k▲
Transfer to tax-exempt reserves689€0€0=
Profit (loss) for the period to be appropriated9905€562k€1.09M▲
Appropriation of the result
Profit (loss) to be appropriated9906€562k€1.09M▲
Transfer to equity691/2€437k€966k▲
To other reserves6921€437k€966k▲
Profit to be distributed694/7€125k€125k=
Directors or managers695€125k€125k=
Social balance
Average headcount (FTE)9087126.1116.8▼
The notes to these accounts (87 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
05-02
State Gazette act
General meeting · Director appointment
Permanent representative
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €1.31M
Net result €1.31M after one loss-making year.
31-12
Financial
Equity above €10MEq €11.07M ▲12%
Equity rises from €9.88M to €11.07M.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-227k ▼142%
Net result drops to €-227k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
18 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, Kuurne · 1 establishment unit since 2017
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.
Noordlaan 28520 KuurneGround area
4.4 ha
Building footprint
3.3 ha
Parcel 34023A0499/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Revor Group
since 20172.265.512.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0499/00C000 | Flanders | 4.4 ha | 1 · 3.3 ha | - |
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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
Public money · subsidies and aid
Flemish government
2022 to 2025 · 14 entries · 204,923 EUR awarded · 169,621 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 20,851 EUR | 35,557 EUR |
| 2024 | 4 | 67,614 EUR | 17,348 EUR |
| 2023 | 3 | 108,580 EUR | 111,338 EUR |
| 2022 | 3 | 7,878 EUR | 5,378 EUR |
Schemes
Subsidies voor internationaal ondernemen
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
254900NDPHLO4TZAUJ02
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Of 598 companies in sector 13929 we hold annual accounts for 236. 37 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-02-1978
Fiscal year end31-12
Activities, NACEBEL 2025
13929Manufacture of textiles
31003Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.