REYFRA
ActiveREYFRA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €-10k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+55
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 28.74 against 57.93 in 2024; short-term debt: 3.3% and cash: 10.9% of total assets), and 3.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 70
lower
← 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
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
96.7%
Return on assets
-0.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
9 d early
2022
45 d early
2021
4 d early
2020
43 d early
2019
39 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.08M▼ 0.9%
2024 · €1.09M
2018: €909k
2019: €938k
2020: €979k
2021: €1.08M
2022: €1.10M
2023: €1.14M
2024: €1.09M
2018 → 2025
Total assets
€1.12M▲ 0.8%
2024 · €1.11M
2018: €1.95M
2019: €1.85M
2020: €1.85M
2021: €1.54M
2022: €1.29M
2023: €1.29M
2024: €1.11M
2018 → 2025
Net result
€-10k▲ 80.3%
2024 · €-51k
2018: €566k
2019: €28k
2020: €41k
2021: €101k
2022: €21k
2023: €43k
2024: €-51k
2018 → 2025
Working capital
€1.03M▼ 1.2%
2024 · €1.05M
2018: €908k
2019: €937k
2020: €978k
2021: €1.08M
2022: €1.10M
2023: €1.08M
2024: €1.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.08M-€1.10M▲ 2.0%€1.14M▲ 3.9%€1.09M▼ 4.4%€1.08M▼ 0.9%
Operating result€180k-€81k▼ 55.0%€154k▲ 90.7%€-41k€13k
Net result€101k-€21k▼ 79.1%€43k▲ 103%€-51k€-10k▲ 80.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €41k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€52k▲ 6.2%
Current assets
€1.07M▲ 0.5%
Equity and liabilities €1.12M
Equity
€1.08M▼ 0.9%
Debt
€37k▲ 103%
The debt ratio rises from 1.7% to 3.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▲
2024 · €-26k
Cash flow
€-3k▲
2024 · €-35k
Solvency
96.7%▼
2024 · 98.3%
Current ratio
28.74▼
2024 · 57.93
Quick ratio
28.42▼
2024 · 55.48
Debt / equity
0.03▲
2024 · 0.02
ROE
-0.9%▲
2024 · -4.6%
ROA
-0.9%▲
2024 · -4.6%
Interest coverage
10.23▲
2024 · -17.40
Debt
€37k▲
2024 · €18k
Debt ≤ 1 year
€37k▲
2024 · €18k
Income taxes
€42k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.11M€1.12M▲
Fixed assets21/28€49k€52k▲
Tangible fixed assets22/27€49k€52k▲
Furniture and vehicles24€49k€52k▲
Current assets29/58€1.06M€1.07M▲
Stocks and contracts in progress3€45k€12k▼
Stocks30/36€45k€12k▼
Amounts receivable within one year40/41€434k€935k▲
Trade receivables40€11k€375▼
Other amounts receivable41€424k€935k▲
Cash at bank and in hand54/58€584k€122k▼
Deferred charges and accrued income490/1€329-
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.12M▲
Equity10/15€1.09M€1.08M▼
Contributions10/11€19k€19k=
Reserves13€729k€729k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€727k€727k=
Profit (loss) carried forward14€346k€336k▼
Amounts payable17/49€18k€37k▲
Amounts payable within one year42/48€18k€37k▲
Financial debts43€6k€5k▼
Credit institutions430/8€6k€5k▼
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45-€23k
Taxes450/3-€23k
Other amounts payable47/48€10k€10k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€7k▼
Other operating charges640/8€5k€9k▲
Gross operating margin9900€-21k€30k▲
Operating profit (loss)9901€-41k€13k▲
Financial income75/76B€9k€22k▲
Recurring financial income75€9k€22k▲
Non-recurring financial income76B€9k€22k▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€2k▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€-34k€32k▲
Income taxes67/77€17k€42k▲
Profit (loss) for the period9904€-51k€-10k▲
Profit (loss) for the period to be appropriated9905€-51k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€346k€336k▼
Profit (loss) brought forward from the previous period14P€397k€346k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-51k ▼218%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 57.93
Current ratio from 8.61 to 57.93; short-term debt falls from €142k to €18k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €1MEq €1.08M ▲10.3%
4 profitable years in a row build equity to €1.08M.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Heusden-Zolder · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dijkstraat 43550 Heusden-ZolderGround area
1.5 ha
Building footprint
3,055 m²
Volume, LiDAR
17,044 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
REYFRA
since 19962.078.242.816
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A2000/00L002 | Flanders | 1.3 ha | 1 · 2,623 m² | 7.2 m · 2 fl. |
| 13453O0426/00F006indicative | Flanders | 1,664 m² | 1 · 432 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 26,953 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-1996
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.