REYCO
ActiveSummary
REYCO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,538 and a net result of -€4,030. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-26
Solvency93▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.91 in 2024; short-term debt: 29.5% and cash: 97.4% of total assets), and 31.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
68.3%
Return on assets
-1.6%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
16 d late
2024
9 d early
2023
14 d early
2022
4 d early
2021
58 d late
2020
9 d early
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€168,538▼ 2.3%
2024 · €172,567
Total assets
€246,808▼ 9.0%
2024 · €271,137
Net result
-€4,030
2024 · €51,900
Working capital
€169,157▼ 5.0%
2024 · €178,067
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€65,623▲ 404%€28,550▼ 56.5%€36,996▲ 29.6%€72,512▲ 96.0%€2,710▼ 96.3%
Net result€50,674within the sector's middle half▲ 230%€22,947within the sector's middle half▼ 54.7%€29,137within the sector's middle half▲ 27.0%€51,900within the sector's middle half▲ 78.1%-€4,030below the sector's middle half
Equity€68,584within the sector's middle half▲ 44.1%€91,530within the sector's middle half▲ 33.5%€120,667within the sector's middle half▲ 31.8%€172,567within the sector's middle half▲ 43.0%€168,538within the sector's middle half▼ 2.3%
Total assets€168,208within the sector's middle half▲ 135%€173,016within the sector's middle half▲ 2.9%€221,432within the sector's middle half▲ 28.0%€271,137within the sector's middle half▲ 22.4%€246,808within the sector's middle half▼ 9.0%
Debt€94,124▲ 411%€75,986▼ 19.3%€95,266▲ 25.4%€93,069▼ 2.3%€72,770▼ 21.8%
Working capital€70,886within the sector's middle half▲ 59.0%€94,150within the sector's middle half▲ 32.8%€124,727within the sector's middle half▲ 32.5%€178,067above the sector's middle half▲ 42.8%€169,157above the sector's middle half▼ 5.0%
Solvency40.8%within the sector's middle half▼ 25.8pp52.9%within the sector's middle half▲ 12.1pp54.5%within the sector's middle half▲ 1.6pp63.6%within the sector's middle half▲ 9.2pp68.3%within the sector's middle half▲ 4.6pp
Current ratio1.75within the sector's middle half▼ 1.672.24within the sector's middle half▲ 0.492.31within the sector's middle half▲ 0.072.91within the sector's middle half▲ 0.603.32within the sector's middle half▲ 0.41
Return on assets (ROA)30.1%above the sector's middle half▲ 8.7pp13.3%within the sector's middle half▼ 16.9pp13.2%within the sector's middle half▼ 0.1pp19.1%within the sector's middle half▲ 6.0pp-1.6%below the sector's middle half▼ 20.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246,808
Fixed assets
€4,881
Current assets
€241,927
Equity and liabilities €246,808
Equity
€168,538 ▼ 2.3%
Provisions
€5,500 =
Debt
€72,770 ▼ 21.8%
Debt's share of the balance-sheet total falls from 34.3% to 29.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7,591▼
2024 · €73,953
Cash flow
€851▼
2024 · €53,341
Debt to equity
0.43▼
2024 · 0.54
ROE
-2.4%▼
2024 · 30.1%
Interest coverage
73.62▼
2024 · 502.87
Debt ≤ 1 year
€72,770▼
2024 · €93,069
Income taxes
€6,637▼
2024 · €20,465
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,803 | €2,779 | €1,440 | €1,440 | €4,881 | ▲ 239% |
| Other operating charges640/8 | - | €5,495 | €7,648 | €4,607 | €3,943 | ▼ 14.4% |
| Gross operating margin9900 | €79,727 | €36,823 | €46,084 | €78,559 | €11,535 | ▼ 85.3% |
| Operating profit (loss)9901 | €65,623 | €28,550 | €36,996 | €72,512 | €2,710 | ▼ 96.3% |
| Financial charges65/66B | - | €173 | €378 | €147 | €103 | ▼ 29.9% |
| Recurring financial charges65 | €77 | €106 | €378 | €147 | €103 | ▼ 29.9% |
| Non-recurring financial charges66B | - | €67 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €65,546 | €28,377 | €36,617 | €72,365 | €2,607 | ▼ 96.4% |
| Income taxes67/77 | €14,872 | €5,430 | €7,481 | €20,465 | €6,637 | ▼ 67.6% |
| Profit (loss) for the period9904 | €50,674 | €22,947 | €29,137 | €51,900 | -€4,030 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | €50,674 | €22,947 | €29,137 | €51,900 | -€4,030 | ▼ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168,208 | €173,016 | €221,432 | €271,137 | €246,808 | ▼ 9.0% |
| Fixed assets21/28 | €3,197 | €2,881 | €1,440 | - | €4,881 | - |
| Tangible fixed assets22/27 | €3,197 | €2,881 | €1,440 | - | €4,881 | - |
| Plant, machinery and equipment23 | - | €1,239 | €620 | - | - | - |
| Furniture and vehicles24 | - | €1,641 | €821 | - | €4,881 | - |
| Current assets29/58 | €165,011 | €170,136 | €219,992 | €271,137 | €241,927 | ▼ 10.8% |
| Amounts receivable after more than one year29 | - | €543 | €543 | - | - | - |
| Trade receivables290 | - | €543 | €543 | - | - | - |
| Amounts receivable within one year40/41 | €796 | €1,114 | €5,991 | €26,170 | €1,652 | ▼ 93.7% |
| Trade receivables40 | - | €1,114 | €5,991 | €26,170 | €1,652 | ▼ 93.7% |
| Cash at bank and in hand54/58 | €163,671 | €168,478 | €213,458 | €244,876 | €240,275 | ▼ 1.9% |
| Deferred charges and accrued income490/1 | - | - | - | €92 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168,208 | €173,016 | €221,432 | €271,137 | €246,808 | ▼ 9.0% |
| Equity10/15 | €68,584 | €91,530 | €120,667 | €172,567 | €168,538 | ▼ 2.3% |
| Reserves13 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Non-distributable reserves130/1 | - | €1,725 | €1,725 | €1,725 | €1,725 | = |
| Reserves not available under the articles1311 | - | €1,725 | €1,725 | €1,725 | €1,725 | = |
| Tax-exempt reserves132 | - | €18,275 | €18,275 | €18,275 | €18,275 | = |
| Profit (loss) carried forward14 | €48,584 | €71,530 | €100,667 | €152,567 | €148,538 | ▼ 2.6% |
| Provisions and deferred taxes16 | €5,500 | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Provisions for liabilities and charges160/5 | - | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Other liabilities and charges164/5 | - | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Amounts payable17/49 | €94,124 | €75,986 | €95,266 | €93,069 | €72,770 | ▼ 21.8% |
| Amounts payable within one year42/48 | €94,124 | €75,986 | €95,266 | €93,069 | €72,770 | ▼ 21.8% |
| Trade debts44 | €24,372 | €27,901 | €20,601 | €23,062 | €20,091 | ▼ 12.9% |
| Suppliers440/4 | - | €27,901 | €20,601 | €23,062 | €20,091 | ▼ 12.9% |
| Taxes, remuneration and social security45 | - | €167 | €7,019 | €5,932 | €2,789 | ▼ 53.0% |
| Taxes450/3 | - | €167 | €7,019 | €5,932 | €2,789 | ▼ 53.0% |
| Other amounts payable47/48 | - | €47,917 | €67,646 | €64,075 | €49,891 | ▼ 22.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,674 | €22,947 | €29,137 | €51,900 | -€4,030 | ▼ 108% |
| + Depreciation and write-downs630 | €7,803 | €2,779 | €1,440 | €1,440 | €4,881 | ▲ 239% |
| Operating cash flow (approximation) | €58,477 | €25,725 | €30,577 | €53,341 | €851 | ▼ 98.4% |
| Investment in fixed assets (approximation) | - | -€2,462 | €0 | - | - | - |
| Change in cash | - | €4,808 | €44,980 | €31,418 | -€4,601 | ▼ 115% |
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
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €51,900 ▲78.1%
Operating result €72,512, net result €51,900, both a record.
30-06
Financial
Equity above €150,000Eq €172,567 ▲43%
5 profitable years in a row build equity to €172,567.
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100,000Eq €120,667 ▲31.8%
4 profitable years in a row build equity to €120,667.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €15,338
Net result €15,338 after one loss-making year.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 379 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Wezembeek-Oppem · 1 establishment unit since 1987
Ground area
815 m²
Building footprint
133 m²
Volume, LiDAR
798 m³
Parcel 22302D0329/00M000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hertogenlaan 115, 1970 Wezembeek-Oppem
since 19872.033.092.185
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22302D0329/00M000 | Flanders | 815 m² | 1 · 133 m² | 9.8 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.
Similar companies · same sector, comparable size
Seléos Solutions
BE 0680.700.369
Meise · Eq €168,540
PRAEDIUM
BE 0465.583.964
Beaumont · Eq €168,531
DavCo
BE 0764.385.635
Sint-Gillis (bij-Brussel) · Eq €168,523
DELMARK
BE 0845.002.236
Hoogstraten · Eq €168,521
BRUYNEEL CONSULTING SERVICES
BE 0479.180.889
Zwevegem · Eq €168,561
Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 40,715 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
Founded18-02-1987
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
50100Water transport
62200Computer consultancy and computer facilities management
63920Other information service activities
77340Rental and leasing activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430523315
Also
9925:BE0430523315
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.