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REWORKS

Active Private limited companyfounded 2017active for 9 yearsBaan naar Bree 21, 3990 PeerKBO/BCE: BE 0681.838.734

Lifetime

8 annual accounts with figures on one time axis
peak €360,785 (2024)
€262,803▼ 27.2%
lowest -€48,375 (2018)
€102,214▼ 43.1%
peak €730,239 (2025)
€730,239▲ 16.3%
€116,097▼ 33.6%
peak 2.6 FTE (2019)
1.9 FTEunchanged
Board7 names since 2017
2 directors and 1 other
Owners
50%
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Gross margin from €360,785 to €262,803Result from €179,750 to €102,2142 directors appointed, 4 resignations 16-04Equity from €628,026 to €730,239Debts from €174,938 to €116,097Cash from €202,521 to €141,674

Key points

from the 2025 annual accounts

Equity

€730,239 ▲ 16.3%

REWORKS has made a profit without a break since 2020.

Result

€102,214 ▼ 43.1%
€180,0002024€102,0002025

The result fell in 2025 from €179,750 to €102,214.

Turnover

≈ €1.4m estimated

The abbreviated format states no turnover.

Liquidity

7.21 was 4.49 in 2024

Short-term debts fell from €160,659 to €107,090.

Filings

8 annual accounts 2 late
AprilJune31 JulyOctober20202025

The 2021 accounts came latest: 31 days after the end of the period.

Position in the sector

86.3%

Higher solvency than 93% of companies in retail trade. Sector median 36.9% · 13,234 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as REWORKS has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 26,969 companies, not a prediction for REWORKS. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, , since 19-03-2025
Director, , since 19-03-2025
  • 50%equity €76,750 (2025) · 2025 annual accounts of
  • 50%equity €81,721 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0681838734
2 directors appointed, 4 resignations Resignations: , , and · Permanent representatives: , , and · Appointments: and · General meeting of 27-03-2025 · Gazette deed
1 director appointed, 1 manager resigning Changes of role: , and · Resignation: (manager) · Appointment: (director) · Gazette deed
Appointment: (director) General meeting of 28-12-2021 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
REWORKS Peer €846,336 €262,803 86.3% 1.9
TOOLSPOT Ostend €824,714 €283,385 28.8% 2.1
EKO Heusden-Zolder €747,429 €123,465 21.3% 1.7
SEM CONSTRUCT Lokeren €844,031 €163,815 9.3% 2
D&C BOUWMATERIALEN Temse €615,737 €145,333 8.6% 2.2
ACHILLE Menen €939,295 €299,474 62.7% 2.1
Valo Service Wingene €958,470 €383,619 58.2% 2.5

These companies have the same main activity as REWORKS: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €616,000 and €958,000, founded between 2014 and 2020.

Official details

Source: KBO
Status
Active since 27-09-2017Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range)NACE 47521and 1 other
Joint committee
201Independent retail · annual accounts 2025
Establishment unit
2.268.650.2523990 Peer, since 27-09-2017
Financial year end
31 December
Peppol
Reachable since 31-10-2025
Company details

Annual accounts 2025

€846,336▲ 5.4%
Employeeson 31-12-2025
2=
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on REWORKS

REWORKS files the abbreviated format. That format states no turnover. The gross margin rose from €149,153 in 2018 to €262,803 in 2025.

In March 2025, four directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about REWORKS

What is the company number of REWORKS?
The company number of REWORKS is 0681.838.734. The VAT number is the same number with BE in front: BE 0681.838.734.
Where is REWORKS based?
The registered office is at Baan naar Bree 21, 3990 Peer.Company details
What does REWORKS do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of REWORKS?
REWORKS is a private limited company (BV).
When was REWORKS founded?
REWORKS was founded on 27-09-2017.
Is REWORKS still active?
Yes, REWORKS is an active enterprise in the KBO register.
How many employees does REWORKS have?
REWORKS had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does REWORKS fall under?
In its 2025 annual accounts, REWORKS states joint committee 201 (Independent retail).
What is the turnover of REWORKS?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €262,803 and 31 comparable companies (NACE 475). It probably lies between €870,000 and €2.1m.
Is REWORKS profitable?
In financial year 2025, REWORKS made a profit of €102,214.
Where can I find the annual accounts of REWORKS?
REWORKS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of REWORKS due?
REWORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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