REWAN
ActiveSummary
The computed 12-month bankruptcy probability of REWAN is 1.7% (moderate). The 2024 annual accounts show negative equity (€-64k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6162 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth29▼-3
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07; short-term debt: 794% and cash: 34.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-694%
Return on assets
-114.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-64k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
214 d late
2022
118 d late
2021
49 d late
2020
31 d late
2019
151 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€57k▼ 3.8%
2023 · €59k
2023: €59k
2023 → 2024
EBIT margin
-18.7%▲ 50.8pp
2023 · -69.5%
2023: -69.5%
2023 → 2024
Net result
€-11k▲ 74.6%
2023 · €-42k
2018: €16k
2019: €2k
2020: €-976
2021: €2k
2022: €-37k
2023: €-42k
2018 → 2024
Working capital
€-68k▼ 22.9%
2023 · €-56k
2018: €22k
2019: €24k
2020: €19k
2021: €21k
2022: €-15k
2023: €-56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€59k€57k▼ 3.8%
Equity€23k-€25k▲ 6.7%€-12k€-54k▼ 346%€-64k▼ 19.7%
Operating result€-909-€2k€-37k€-41k▼ 11.7%€-11k▲ 74.1%
Net result€-976-€2k€-37k€-42k▼ 13.0%€-11k▲ 74.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €41k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9k
Fixed assets
€4k ▲ 116%
Current assets
€5k ▲ 143%
Key figures and ratios
EBITDA
€-10k▲
2023 · €-40k
Cash flow
€-10k▲
2023 · €-41k
Solvency
-694.0%
Current ratio
0.07
Quick ratio
0.07
Debt to equity
-1.14
ROA
-114.3%
Debt
€74k▲
2023 · €58k
Debt ≤ 1 year
€74k▲
2023 · €58k
Staff costs
€41k▲
2023 · €28k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4k€9k▲
Fixed assets21/28€2k€4k▲
Intangible fixed assets21€1k€833▼
Tangible fixed assets22/27€667€3k▲
Plant, machinery and equipment23€667€1k▲
Furniture and vehicles24-€2k
Current assets29/58€2k€5k▲
Stocks and contracts in progress3€320€320=
Stocks30/36€320€320=
Amounts receivable within one year40/41-€2k
Trade receivables40-€568
Other amounts receivable41-€1k
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€4k€9k▲
Equity10/15€-54k€-64k▼
Contributions10/11€6k€6k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€19k▲
Reserves not available under the articles1311€2k€19k▲
Distributable reserves133€17k-
Profit (loss) carried forward14€-79k€-89k▼
Amounts payable17/49€58k€74k▲
Amounts payable within one year42/48€58k€74k▲
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€24k€6k▼
Taxes450/3€7k€4k▼
Remuneration and social security454/9€17k€2k▼
Other amounts payable47/48€25k€50k▲
Income statement
Code20232024
Turnover70€59k€57k▼
Non-recurring operating income76A€262-
Goods, raw materials, services and sundry goods60/61€70k€21k▼
Remuneration, social security and pensions62€28k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€857€857=
Other operating charges640/8€912€4k▲
Gross operating margin9900€-11k€36k▲
Operating profit (loss)9901€-41k€-11k▲
Financial income75/76B-€5
Recurring financial income75-€5
Non-recurring financial income76B-€5
Financial charges65/66B€729-
Recurring financial charges65€729-
Profit (loss) for the period before taxes9903€-42k€-11k▲
Profit (loss) for the period9904€-42k€-11k▲
Profit (loss) for the period to be appropriated9905€-42k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-89k▼
Profit (loss) brought forward from the previous period14P€-37k€-79k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 214 days late
2023
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
26-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 118 days late
2022
18-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 49 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 517 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Kortrijk · 1 establishment unit since 2020
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.
Zwevegemsestraat(Kor) 458500 KortrijkGround area
73 m²
Building footprint
70 m²
Volume, LiDAR
682 m³
Parcel 34353B0105/00T000, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
REWAN
since 20202.303.349.429
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0105/00T000 | Flanders | 73 m² | 1 · 70 m² | 16.9 m · 3 fl. |
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.
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Of 21,748 companies in sector 96210 we hold annual accounts for 2,833. 2,336 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 formPrivate limited company
Founded01-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.