Debts
€2.4m 98% of the balance sheet
Financial debts 89%Suppliers 4%Taxes and wages 0%Other 7%
Of this, €754,162 falls due within a year.
Reworx Development
Lifetime
1 annual account with figurespeak -€3,331 (2025)
-€3,331
lowest -€45,872 (2025)
-€45,872
peak €59,128 (2025)
€59,128
€2.4m
Board2 names since 2025
1 director
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Loss of €45,872Incorporation 29-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€105,000 100 shares
Position in the sector
-€45,872
Lower net result than 90% of companies in real estate. Sector median €5,859 · 19,800 companies.
2025 accounts filed 75 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 280 companies had the same profile as Reworx Development has now. Each dot is one company, two years later.
95.7%
were still trading
3.2%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 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.
| 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 280 companies, not a prediction for Reworx Development. 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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Signals
Board and ownership
Director,
- 20 sharesdeed of 29-01-2025
- 10 sharesdeed of 29-01-2025
- 70 sharesdeed of 29-01-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019239376
Incorporation
Founding capital of €105,000, 100 shares · Founders: , and · Appointment: (statutory director) · published on 29-01-2025 · Gazette deed
First establishment
Leopold III-lei 11, Edegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Reworx Development Edegem | €2.5m | -€3,331 | 2.4% | - |
| Grote Markt Antwerpen Edegem | €2.5m | -€237,169 | -3.1% | - |
| AANMERKELIJK BELANG Dilsen-Stokkem | €2.5m | -€16,237 | 67.2% | - |
| Tuerlinckx Invest Aarschot | €1.9m | -€70,342 | -14.3% | - |
| SD ESTATE TRADING Uccle | €1.8m | -€18,086 | -1.8% | - |
| Lereim Aalst | €2.7m | -€83,396 | -8.1% | - |
| MDC Hakendover Tienen | €2.1m | -€12,130 | 14.6% | - |
These companies have the same main activity as Development: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.8m and €2.7m, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 27-01-2025Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2025
- Establishment unit
- 2.369.837.2862650 Edegem, since 27-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Insights on Reworx Development
Development has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,128 and a net result of -€45,872.
Its solvency ranks better than 23% of 19,813 sector peers (NACE 68, financial year 2025).
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 Reworx Development
- What is the company number of Reworx Development?
- The company number of Development is 1019.239.376. The VAT number is the same number with BE in front: BE 1019.239.376.
- Where is Reworx Development based?
- The registered office is at Leopold III-lei 11, 2650 Edegem.Company details
- What does Reworx Development do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of Reworx Development?
- Development is a private limited company (BV).
- When was Reworx Development founded?
- Development was founded on 27-01-2025.
- Is Reworx Development still active?
- Yes, Development is an active enterprise in the KBO register.
- How many employees does Reworx Development have?
- Development had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Reworx Development fall under?
- In its 2025 annual accounts, Development states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of Reworx Development?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is Reworx Development profitable?
- In financial year 2025, Development made a loss of €45,872.
- Where can I find the annual accounts of Reworx Development?
- Development filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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