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REW310

Active
Private limited companyfounded 2024active for 1 yearChaussée de Mons 22, 1400 Nivelles, BelgiumKBO/BCE: BE 1015.949.393

Financials · financial year 2025, micro format

2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536084.

Annual accounts 2025 filed on 30-09-2026 at the NBB all 2 filings

Turnover
≈ €110,000
Estimated: probably between €65,000 and €150,000
Total assets
€57,902▲ 20×
2024 · €2,867
Net result
€30,379
2024 · -€2,159
Working capital
€31,220▲ 37×
2024 · €841
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€38,217
2025
20242025
Net result
€30,379
2025
middle half of the sector
20242025
Equity
€31,220
▲ 37× 2025
middle half of the sector
20242025
Total assets
€57,902
▲ 20× 2025
lowest quarter of the sector
20242025
Debt
€26,682
▲ 13× 2025
20242025
Working capital
€31,220
▲ 37× 2025
middle half of the sector
20242025
Solvency
53.9%
2025
middle half of the sector
20242025
Current ratio
2.17
2025
middle half of the sector
20242025
Return on assets (ROA)
52.5%
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€2,026-€38,217
Net result-€2,159below the sector's middle half-€30,379within the sector's middle half
Equity€841below the sector's middle half-€31,220within the sector's middle half▲ 37×
Total assets€2,867below the sector's middle half-€57,902below the sector's middle half▲ 20×
Debt€2,026-€26,682▲ 13×
Working capital€841below the sector's middle half-€31,220within the sector's middle half▲ 37×
Solvency53.9%within the sector's middle half
Current ratio2.17within the sector's middle half
Return on assets (ROA)52.5%above the sector's middle half
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €38,217, after a loss of €2,026 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €57,902
Equity €31,220 ▲ 37×
Debt €26,682 ▲ 13×
Debt's share of the balance-sheet total falls from 70.7% to 46.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.85
ROE
97.3%
Debt ≤ 1 year
€26,682▲
2024 · €2,026
Income taxes
€7,055
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,867€57,902▲
Current assets29/58€2,867€57,902▲
Amounts receivable within one year40/41€2,384€52,031▲
Trade receivables40€2,384€52,031▲
Cash at bank and in hand54/58€483€5,872▲
Equity and liabilities
Total equity and liabilities10/49€2,867€57,902▲
Equity10/15€841€31,220▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,159€28,220▲
Amounts payable17/49€2,026€26,682▲
Amounts payable within one year42/48€2,026€26,682▲
Trade debts44€2,026€12,767▲
Suppliers440/4€2,026€12,767▲
Taxes, remuneration and social security45-€13,915
Taxes450/3-€13,915
Income statement Code20242025
Other operating charges640/8-€436
Gross operating margin9900-€2,026€38,653▲
Operating profit (loss)9901-€2,026€38,217▲
Financial charges65/66B€133€783▲
Recurring financial charges65€133€783▲
Profit (loss) for the period before taxes9903-€2,159€37,434▲
Income taxes67/77-€7,055
Profit (loss) for the period9904-€2,159€30,379▲
Profit (loss) for the period to be appropriated9905-€2,159€30,379▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,159€28,220▲
Profit (loss) brought forward from the previous period14P--€2,159

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Line20242025Change
Other operating charges640/8-€436-
Gross operating margin9900-€2,026€38,653-
Operating profit (loss)9901-€2,026€38,217-
Financial charges65/66B€133€783▲ 489%
Recurring financial charges65€133€783▲ 489%
Profit (loss) for the period before taxes9903-€2,159€37,434-
Income taxes67/77-€7,055-
Profit (loss) for the period9904-€2,159€30,379-
Profit (loss) for the period to be appropriated9905-€2,159€30,379-
Line20242025Change
Assets
Total assets20/58€2,867€57,902▲ 20×
Current assets29/58€2,867€57,902▲ 20×
Amounts receivable within one year40/41€2,384€52,031▲ 22×
Trade receivables40€2,384€52,031▲ 22×
Cash at bank and in hand54/58€483€5,872▲ 12×
Equity and liabilities
Total equity and liabilities10/49€2,867€57,902▲ 20×
Equity10/15€841€31,220▲ 37×
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,159€28,220-
Amounts payable17/49€2,026€26,682▲ 13×
Amounts payable within one year42/48€2,026€26,682▲ 13×
Trade debts44€2,026€12,767▲ 530%
Suppliers440/4€2,026€12,767▲ 530%
Taxes, remuneration and social security45-€13,915-
Taxes450/3-€13,915-
Line20242025Change
Profit (loss) for the period9904-€2,159€30,379-
Operating cash flow (approximation)-€2,159€30,379-
Change in cash-€5,388-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as REW310 has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of REW310 itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for REW310. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00536084 PDF
31-12-2024 micro format 31-07-2025 2025-00353393 PDF

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