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REWANZ

Active
Private limited company (pre-2019)founded 1991active for 35 yearsMaalbeekstraat 10, 8790 Waregem, BelgiumKBO/BCE: BE 0443.786.579
Summary

REWANZ has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,177 and a net result of -€2,525. Equity is shrinking by about 4.5% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€45,177▼ 5.3%
2024 · €47,702
Total assets
€45,177▼ 5.3%
2024 · €47,702
Net result
-€2,525▲ 10.3%
2024 · -€2,813
Working capital
Not included in this filing
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,427 in 2025 against €2,478 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,427 2025 Net result-€2,525 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€3,165--€2,001▲ 36.8%-€2,243▼ 12.1%-€2,391▼ 6.6%-€2,290▲ 4.2%-€2,459▼ 7.4%-€2,478▼ 0.8%-€2,427▲ 2.1%
Net result-€3,180--€2,018▲ 36.5%-€2,289▼ 13.4%-€2,439▼ 6.6%-€2,338▲ 4.1%-€2,459▼ 5.2%-€2,813▼ 14.4%-€2,525▲ 10.3%
Equity€62,058-€60,040▼ 3.3%€57,751▼ 3.8%€55,312▼ 4.2%€52,974▼ 4.2%€50,515▼ 4.6%€47,702▼ 5.6%€45,177▼ 5.3%
Total assets€62,058-€60,040▼ 3.3%€57,751▼ 3.8%€55,312▼ 4.2%€52,974▼ 4.2%€50,515▼ 4.6%€47,702▼ 5.6%€45,177▼ 5.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,177
Fixed assets €24,789 =
Current assets €20,387 ▼ 11.0%
Key figures and ratios
2025 value · change against 2024
Solvency
100.0%=
2024 · 100.0%
ROE
-5.6%▲
2024 · -5.9%
ROA
-5.6%▲
2024 · -5.9%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,702€45,177▼
Fixed assets21/28€24,789€24,789=
Tangible fixed assets22/27€24,789€24,789=
Land and buildings22€6,197€6,197=
Other tangible fixed assets26€18,592€18,592=
Current assets29/58€22,912€20,387▼
Cash at bank and in hand54/58€22,912€20,387▼
Equity and liabilities
Total equity and liabilities10/49€47,702€45,177▼
Equity10/15€47,702€45,177▼
Contributions10/11€18,550€18,550=
Reserves13€29,152€26,627▼
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€27,297€24,772▼
Income statement Code20242025
Other operating charges640/8€2,083€2,011▼
Gross operating margin9900-€395-€416▼
Operating profit (loss)9901-€2,478-€2,427▲
Financial charges65/66B€335€98▼
Recurring financial charges65€335€98▼
Profit (loss) for the period before taxes9903-€2,813-€2,525▲
Profit (loss) for the period9904-€2,813-€2,525▲
Profit (loss) for the period to be appropriated9905-€2,813-€2,525▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,813-€2,525▲
Transfer from equity791/2€2,813€2,525▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€1,690€1,848€2,010€2,083€2,011▼ 3.5%
Gross operating margin9900-€1,507-€319-€565-€701-€442-€449-€395-€416▼ 5.4%
Operating profit (loss)9901-€3,165-€2,001-€2,243-€2,391-€2,290-€2,459-€2,478-€2,427▲ 2.1%
Financial charges65/66B---€48€48-€335€98▼ 70.8%
Recurring financial charges65€15€17€46€48€48-€335€98▼ 70.8%
Profit (loss) for the period before taxes9903-€3,180-€2,018-€2,289-€2,439-€2,338-€2,459-€2,813-€2,525▲ 10.3%
Profit (loss) for the period9904-€3,180-€2,018-€2,289-€2,439-€2,338-€2,459-€2,813-€2,525▲ 10.3%
Profit (loss) for the period to be appropriated9905-€3,180-€2,018-€2,289-€2,439-€2,338-€2,459-€2,813-€2,525▲ 10.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€62,058€60,040€57,751€55,312€52,974€50,515€47,702€45,177▼ 5.3%
Fixed assets21/28€24,789€24,789€24,789€24,789€24,789€24,789€24,789€24,789=
Tangible fixed assets22/27€24,789€24,789€24,789€24,789€24,789€24,789€24,789€24,789=
Land and buildings22---€6,197€6,197€6,197€6,197€6,197=
Other tangible fixed assets26---€18,592€18,592€18,592€18,592€18,592=
Current assets29/58€37,269€35,251€32,962€30,523€28,185€25,726€22,912€20,387▼ 11.0%
Amounts receivable within one year40/41-----€173---
Trade receivables40-----€173---
Cash at bank and in hand54/58€37,269€35,251€32,962€30,523€28,185€25,552€22,912€20,387▼ 11.0%
Equity and liabilities
Total equity and liabilities10/49€62,058€60,040€57,751€55,312€52,974€50,515€47,702€45,177▼ 5.3%
Equity10/15€62,058€60,040€57,751€55,312€52,974€50,515€47,702€45,177▼ 5.3%
Contributions10/11€18,550€18,550-€18,550€18,550€18,550€18,550€18,550=
Reserves13€43,508€41,490€39,201€36,762€34,424€31,965€29,152€26,627▼ 8.7%
Non-distributable reserves130/1---€1,855€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311---€1,855€1,855€1,855€1,855€1,855=
Distributable reserves133---€34,907€32,569€30,110€27,297€24,772▼ 9.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€3,180-€2,018-€2,289-€2,439-€2,338-€2,459-€2,813-€2,525▲ 10.3%
Operating cash flow (approximation)-€3,180-€2,018-€2,289-€2,439-€2,338-€2,459-€2,813-€2,525▲ 10.3%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€2,018-€2,289-€2,439-€2,338-€2,632-€2,640-€2,525▲ 4.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 14-07-2026 2026-00306518
31-12-2024 abbreviated format 15-07-2025 2025-00282049
31-12-2023 abbreviated format 19-07-2024 2024-00270062
31-12-2022 abbreviated format 13-07-2023 2023-00236247
31-12-2021 abbreviated format 31-08-2022 2022-20411409
31-12-2020 abbreviated format 25-08-2021 2021-54600339
31-12-2019 abbreviated format 20-08-2020 2020-43500127
31-12-2018 abbreviated format 15-07-2019 2019-33000325
31-12-2017 micro format 17-07-2018 2018-34200561
31-12-2016 micro format 26-06-2017 2017-21700258

Show all 34 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.