Rey-Construction
ActiveSummary
The computed 12-month bankruptcy probability of Rey-Construction is 2.2% (moderate). The 2025 annual accounts show equity of €14k and a net result of €16k. Equity is growing by ~611.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 7500 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency75▲+75
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.95; short-term debt: 49.6% and cash: 6.1% of total assets), and 49.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
54.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
26 d late
2024
22 d late
2023
387 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k
2024 · €-1k
Total assets
€29k▲ 8,724%
2024 · €325
Net result
€16k
2024 · €-190
Working capital
€-766▲ 39.7%
2024 · €-1k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€-1k-€20k
Net result€-1k-€-190▲ 85.7%€16k
Equity€-1k-€-1k▼ 17.6%€14k
Total assets€272-€325▲ 19.2%€29k▲ 8,724%
Debt€1k-€2k▲ 17.9%€14k▲ 791%
Working capital€-1k-€-1k▼ 17.6%€-766▲ 39.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €20k in 2025, compared with €-1k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Assets €29k
Fixed assets
€15k
Current assets
€13k
Equity and liabilities €29k
Equity
€14k
Debt
€14k
Debt finances 49.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€21k
Cash flow
€17k
Current ratio
0.95
Debt to equity
0.98
ROE
108.8%
ROA
54.9%
Interest coverage
396.55
Debt ≤ 1 year
€14k▲
2024 · €2k
Income taxes
€4k
Staff costs
€20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €20k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | - |
| Other operating charges640/8 | €454 | - | €2k | - |
| Gross operating margin9900 | €-875 | - | €43k | - |
| Operating profit (loss)9901 | €-1k | - | €20k | - |
| Financial income75/76B | - | - | €57 | - |
| Recurring financial income75 | - | - | €57 | - |
| Financial charges65/66B | - | €190 | €53 | ▼ 72.4% |
| Recurring financial charges65 | - | €190 | €53 | ▼ 72.4% |
| Profit (loss) for the period before taxes9903 | €-1k | €-190 | €20k | ▲ 10,393% |
| Income taxes67/77 | - | - | €4k | - |
| Profit (loss) for the period9904 | €-1k | €-190 | €16k | ▲ 8,368% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-190 | €16k | ▲ 8,368% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €272 | €325 | €29k | ▲ 8,724% |
| Fixed assets21/28 | - | - | €15k | - |
| Tangible fixed assets22/27 | - | - | €15k | - |
| Plant, machinery and equipment23 | - | - | €2k | - |
| Furniture and vehicles24 | - | - | €13k | - |
| Current assets29/58 | €272 | €325 | €13k | ▲ 4,037% |
| Amounts receivable within one year40/41 | €265 | €265 | €11k | ▲ 4,055% |
| Trade receivables40 | - | - | €774 | - |
| Other amounts receivable41 | €265 | €265 | €10k | ▲ 3,763% |
| Cash at bank and in hand54/58 | €8 | €60 | €2k | ▲ 2,809% |
| Deferred charges and accrued income490/1 | - | - | €688 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €272 | €325 | €29k | ▲ 8,724% |
| Equity10/15 | €-1k | €-1k | €14k | ▲ 1,238% |
| Contributions10/11 | €250 | €250 | €250 | = |
| Profit (loss) carried forward14 | €-1k | €-2k | €14k | ▲ 1,035% |
| Amounts payable17/49 | €1k | €2k | €14k | ▲ 791% |
| Amounts payable within one year42/48 | €1k | €2k | €14k | ▲ 791% |
| Trade debts44 | - | - | €9k | - |
| Suppliers440/4 | - | - | €9k | - |
| Taxes, remuneration and social security45 | €68 | €68 | €5k | ▲ 7,130% |
| Taxes450/3 | €68 | €68 | €4k | ▲ 5,555% |
| Remuneration and social security454/9 | - | - | €1k | - |
| Other amounts payable47/48 | €1k | €2k | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-190 | €16k | ▲ 8,368% |
| + Depreciation and write-downs630 | - | - | €1k | - |
| Operating cash flow (approximation) | €-1k | €-190 | €17k | ▲ 9,041% |
| Change in cash | - | €52 | €2k | ▲ 3,120% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 387 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Tienen · 1 establishment unit since 2023
Ground area
231 m²
Building footprint
99 m²
Volume, LiDAR
678 m³
Parcel 24107B0355/00A000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rey-Construction
since 20232.341.435.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24107B0355/00A000 | Flanders | 231 m² | 1 · 99 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 29,787 companies in sector 41001 we hold annual accounts for 16,036. 10,574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43331Floor and wall tiling
43422Screed work
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.