REWA
InactiveOverview
Activity
Activity not known
Size
≈ €580,000turnover 2023, estimated
- Staff
- 6.7 FTE
- Equity
- -€224,597
- Loss
- -€172,793
Turnover estimated from the gross margin
Financial health
Inactive: no score
Structure
- Road21Director
3 of 5 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
1 day early
2022
9 days late
2021
2 days early
2020
5 days late
2019
31 days early
2018
23 days early
2017
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · abbreviated…
- Restructuring · End & cessationResignations: COMPANIONS, AVETHIB and VKG…
- Weakest financial yearnet -€172,793
Financials · financial year 2023, abbreviated format
Turnover
≈ €580,000
Estimated: probably between €350,000 and €1.1m
Total assets
€158,102▼ 87.8%
2022 · €1.3m
Net result
-€172,793▼ 24.8%
2022 · -€138,437
Working capital
-€224,597▼ 331%
2022 · -€52,087
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €168,876 in 2023 against €134,956 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.2m
2023
Net result-€0.2m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.2m
2023
Equity-€0.2m
2023
Debt€0.4m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)6.7
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€0.07m-€0.02m▼ 69.9%-€0.01m€0.006m-€0.1m-€0.2m▼ 25.1%
Net result€0.001m-€255▼ 71.3%-€0.02m€0.001m-€0.1m-€0.2m▼ 24.8%
Equity€0.1m-€0.1m▲ 0.3%€0.09m▼ 15.4%€0.09m▲ 0.7%-€0.05m-€0.2m▼ 334%
Total assets€1.4m-€1.3m▼ 5.6%€1.3m▼ 1.7%€0.2m▼ 80.7%€1.3m▲ 432%€0.2m▼ 87.8%
Debt€1.3m-€1.2m▼ 6.0%€1.2m▼ 0.5%€0.2m▼ 86.6%€1.3m▲ 760%€0.4m▼ 71.5%
Working capital€0.1m-€0.1m▼ 13.9%€0.09m▼ 27.1%€0.09m▼ 2.5%-€0.05m-€0.2m▼ 331%
Staff (FTE)6.1-4.9▼ 19.7%3.8▼ 22.4%2.8▼ 26.3%6.1▲ 118%6.7▲ 9.8%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
EBITDA
-€168,876▼
2022 · -€124,341
Cash flow
-€172,793▼
2022 · -€127,822
Solvency
-142.1%▼
2022 · -4.0%
Current ratio
0.41▼
2022 · 0.96
ROA
-109.3%▼
2022 · -10.7%
Interest coverage
-51.19▼
2022 · -33.41
Debt ≤ 1 year
€382,700▼
2022 · €1.3m
Debt > 1 year
€0▼
2022 · €25,002
Income taxes
€630▲
2022 · €516
Staff costs
€360,337▲
2022 · €312,497
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,393 | - |
| Remuneration, social security and pensions62 | - | - | - | €142,681 | €312,497 | €360,337 | ▲ 15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,915 | €10,915 | €10,615 | €10,615 | €10,615 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2,848 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €2,420 | €4,235 | €6,898 | ▲ 62.9% |
| Non-recurring operating charges66A | - | - | - | - | - | €27,321 | - |
| Gross operating margin9900 | €367,711 | €303,443 | €233,600 | €162,054 | €195,239 | €225,680 | ▲ 15.6% |
| Operating profit (loss)9901 | €65,821 | €19,791 | -€11,843 | €6,338 | -€134,956 | -€168,876 | ▼ 25.1% |
| Financial income75/76B | - | - | - | €513 | €756 | €12 | ▼ 98.4% |
| Recurring financial income75 | €842 | €4,644 | €2,302 | €513 | €756 | €12 | ▼ 98.4% |
| Financial charges65/66B | - | - | - | €4,193 | €3,721 | €3,299 | ▼ 11.4% |
| Recurring financial charges65 | €64,254 | €24,180 | €6,082 | €4,193 | €3,721 | €3,299 | ▼ 11.4% |
| Profit (loss) for the period before taxes9903 | €891 | €255 | -€15,623 | €2,658 | -€137,921 | -€172,163 | ▼ 24.8% |
| Income taxes67/77 | - | - | -€4 | €2,073 | €516 | €630 | ▲ 22.1% |
| Profit (loss) for the period9904 | €891 | €255 | -€15,619 | €585 | -€138,437 | -€172,793 | ▼ 24.8% |
| Profit (loss) for the period to be appropriated9905 | €891 | €255 | €13,224 | €585 | -€138,437 | -€172,793 | ▼ 24.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €0.2m | €1.3m | €0.2m | ▼ 87.8% |
| Fixed assets21/28 | €0.07m | €0.06m | €0.05m | €0.04m | €0.03m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.07m | €0.06m | €0.05m | €0.04m | €0.03m | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €0.04m | €0.03m | €0 | ▼ 100% |
| Current assets29/58 | €1.3m | €1.2m | €1.2m | €0.2m | €1.3m | €0.2m | ▼ 87.5% |
| Amounts receivable within one year40/41 | €1.2m | €1.2m | €1.1m | €0.2m | €1.2m | €0.1m | ▼ 89.7% |
| Trade receivables40 | - | - | - | €0.2m | €1.2m | €0.1m | ▼ 89.7% |
| Other amounts receivable41 | - | - | - | €0.02m | €356 | €400 | ▲ 12.5% |
| Current investments50/53 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.02m | €0.01m | €0.04m | €0.009m | €0.005m | €0.03m | ▲ 451% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.002m | ▲ 4.6% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €0.2m | €1.3m | €0.2m | ▼ 87.8% |
| Equity10/15 | €0.1m | €0.1m | €0.09m | €0.09m | -€0.05m | -€0.2m | ▼ 334% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | - | €0.02m | €0.02m | - | - |
| Other1109/19 | - | - | - | €0.02m | €0.02m | - | - |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | -€0.05m | -€0.05m | -€0.04m | -€0.04m | -€0.2m | -€0.3m | ▼ 98.7% |
| Amounts payable17/49 | €1.3m | €1.2m | €1.2m | €0.2m | €1.3m | €0.4m | ▼ 71.5% |
| Amounts payable after more than one year17 | €0.08m | €0.06m | €0.05m | €0.04m | €0.03m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0.04m | €0.03m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.1m | €0.1m | €1.3m | €0.4m | ▼ 70.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.01m | €0 | ▼ 100% |
| Trade debts44 | €0.04m | €0.07m | €0.09m | €0.08m | €1.1m | €0.3m | ▼ 70.6% |
| Suppliers440/4 | - | - | - | €0.08m | €1.1m | €0.3m | ▼ 70.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.2m | €0.07m | ▼ 70.4% |
| Taxes450/3 | - | - | - | €0.002m | €0.2m | €0.01m | ▼ 94.9% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.04m | €0.06m | ▲ 48.1% |
| Other amounts payable47/48 | - | - | - | €0.001m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.002m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €891 | €255 | -€15,619 | €585 | -€138,437 | -€172,793 | ▼ 24.8% |
| + Depreciation and write-downs630 | €10,915 | €10,915 | €10,615 | €10,615 | €10,615 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €11,806 | €11,170 | -€5,004 | €11,200 | -€127,822 | -€172,793 | ▼ 35.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €27,321 | - |
| Change in cash | - | -€9,814 | €26,523 | -€28,030 | -€3,782 | €23,001 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00328842 |
| 31-12-2022 | abbreviated format | 09-08-2023 | 2023-00323622 |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20255165 |
| 31-12-2020 | abbreviated format | 05-08-2021 | 2021-46200160 |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-23900297 |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-29800600 |
| 31-12-2017 | abbreviated format | 31-10-2018 | 2018-71100085 |
| 31-12-2016 | abbreviated format | 05-09-2017 | 2017-60000047 |
| 31-12-2015 | abbreviated format | 26-08-2016 | 2016-47800079 |
| 31-12-2014 | abbreviated format | 01-07-2015 | 2015-25400381 |
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €31 awarded · €230 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €0 | €199 |
| 2022 | 1 | €31 | €31 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
Road21
CurrentDirector · since 19-01-2023 · Legal entity · from a recent deed
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
5 people since 2022, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Road21from an act |
|
| AVETHIB |
|
| Companions |
|
| VKG |
|
| Patrik Oorts |
|
Owners and capital
Capital and shareholders
Capital over the years
- 20-03-2024 Converted to unavailable equity · €20,460
- 24-11-2023 Capital stated in the deed · €18,600 · 186 shares
Group and network
Connections & network
21 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Artemos
Shared corporate director
→
Cisternis
Shared corporate director
→
Companions Services
Shared corporate director
→
Concretas
Shared corporate director
→
Show 17 more companies with a shared director
ELECTRICITEITSWERKEN VAN BERGEN
Shared corporate director
→
Elentra
Shared corporate director
→
EMVARO
Shared corporate director
→
ENERGIE + SERVICE
Shared corporate director
→
Fameuz
Shared corporate director
→
FLUVERA
Shared corporate director
→
Fundaro
Shared corporate director
→
GEOSERVICES
Shared corporate director
→
K.T.I. - W.T.I.
Shared corporate director
→
Lemon Companies
Shared corporate director
→
Lemon Software
Shared corporate director
→
Modarb
Shared corporate director
→
Netforce
Shared corporate director
→
OREMIN
Shared corporate director
→
R21B
Shared corporate director
→
SEDARA
Shared corporate director
→
SUBSTERA
Shared corporate director
→
Acquisitions and mergers
1 transactionTaken over by:K.T.I.-W.T.I.
History
Acts, filings and financial milestones
2024
30-07
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
20-03
Gazette deed
Restructuring · End & cessationResignations: COMPANIONS, AVETHIB and VKG · Permanent representatives: SCHUERMANS Jeremy Véronique Philippe, DE KERPEL Thibault Louis Marc and VAN KERCKHOVEN Alexander Frans Marie · Capital conversion22 facts ▸
Gazette deed
Restructuring · End & cessation
Resignations: COMPANIONS, AVETHIB and VKG · Permanent representatives: SCHUERMANS Jeremy Véronique Philippe, DE KERPEL Thibault Louis Marc and VAN KERCKHOVEN Alexander Frans Marie · Capital conversion22 facts ▸
- General meeting, 28-12-2023
- Other provision, “Vaststelling inwerkingtreding WVV, besloten vennootschap(BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van de statutenwijziging, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Other provision, “voorlegging,lezing en onderzoek van de verslagen, geen opmerkingen” (deed in Dutch)
- Other provision, “Verzaking aan mededeling belangrijke wijzigingen, mededeling door het bestuursorgaan van elke belangrijke wijziging in activa en passiva tussen datum van opstel…” (deed in Dutch)
- Merger, “artikel 12:7,2°juncto 12:53 WVV, volgestort” (deed in Dutch)
- Share issue, 0, 750
- Capital
- Accounting effect, 01-01-2024
- Other provision, “bijzonder voordeel bestuursorganen te fuseren vennootschappen” (deed in Dutch)
- Other provision, “overgang van vermogen ontbinding zonder vereffening”, EUR (deed in Dutch)
- +10 further facts in this act
2023
31-12
Financial
Weakest financial yearnet -€172,793
Net result drops to -€172,793, the lowest in the series.
24-11
Gazette deed
Restructuring · MiscellaneousPermanent representatives: Jeremy Schuermans, Alexander Van Kerckhoven and Thibault De Kerpel · Accounting effect · Amendment of the articles21 facts ▸
Gazette deed
Restructuring · Miscellaneous
Permanent representatives: Jeremy Schuermans, Alexander Van Kerckhoven and Thibault De Kerpel · Accounting effect · Amendment of the articles21 facts ▸
- Board composition, COMPANIONS (lid bestuursorgaan) (3 times)
- Board composition, VKG (lid bestuursorgaan) (3 times)
- Board composition, AVETHIB (lid bestuursorgaan) (3 times)
- Permanent representative, Jeremy Schuermans (3 times)
- Permanent representative, Alexander Van Kerckhoven (3 times)
- Permanent representative, Thibault De Kerpel (3 times)
- Accounting effect, 01-01-2024
- Other provision, “geen bijzondere rechten of andere effecten, aandeelhouders Over te nemen vennootschappen” (deed in Dutch)
- Other provision, “geen bijzonder voordeel bestuursorganen, bestuurders bij fusie betrokken vennootschappen” (deed in Dutch)
- Other provision, “efficientere inzet middelen, vereenvoudiging bestuur, administratie, juridische-financiele-administratieve structuur, administratieve lasten en versnippering, g…” (deed in Dutch)
- Other provision, “neutraal, louter vermogensbestanddelen vrijgesteld, artikelen 211 juncto 183bis en 212 WIB92” (deed in Dutch)
- Other provision, “fusieakte door overneming, gehele vermogen rechten en verplichtingen bij ontbinding zonder vereffening” (deed in Dutch)
- +9 further facts in this act
09-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 9 days late
19-01
Gazette deed
Resignation: Patrik Oorts (director)Appointments: Road21, AVETHIB and VKG · Permanent representatives: Jeremy Schuermans, Thibault De Kerpel and Alexander Van Kerckhoven8 facts ▸
Gazette deed
Resignation: Patrik Oorts (director)
Appointments: Road21, AVETHIB and VKG · Permanent representatives: Jeremy Schuermans, Thibault De Kerpel and Alexander Van Kerckhoven8 facts ▸
- General meeting, 15-12-2022
- Director resignation, Patrik Oorts (director)
- Director appointment, Road21 (director)
- Permanent representative, Jeremy Schuermans
- Director appointment, AVETHIB (director)
- Permanent representative, Thibault De Kerpel
- Director appointment, VKG (director)
- Permanent representative, Alexander Van Kerckhoven
2022
29-07
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial
Back to profitnet €585
Net result €585 after one loss-making year.
05-08
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format · 5 days late
2020
30-06
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
08-07
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
31-10
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format · 92 days late
Show earlier events
2017
05-09
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 36 days late
2016
26-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 26 days late
2015
01-07
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 21 annual accounts filed, the latest 10 are here; all 21 are under Financials.
3 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Inactive
Absorbed by K.T.I.-W.T.I. in March 2024
REWA is no longer in the KBO register: K.T.I.-W.T.I. took it over in a merger by absorption, published in the Belgian Official Gazette on 20 March 2024.
- Status
- Inactive
- Reason
- Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 20 March 2024 · act
- Absorbed by
- K.T.I.-W.T.I. · 0466.383.720
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Vierselbaan 40, Unit 2, 2240 Zandhovenas published on 20 March 2024
- Legal form
- Private limited company (pre-2019)
- Active since
- 2003 (first annual accounts)
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “2240 Zandhoven, Vierselbaan 40, unit 2, rechtspersonenregister te Antwerpen, afdeling Antwerpen” (deed in Dutch)
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Kosten verrichtingen, vennootschappen betrokken bij fusie” (deed in Dutch)
Read from the deeds: 2 provisions, deed of 24-11-2023