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Reygel

Active
Private limited companyfounded 2005active for 20 yearsEkkelgaarden 6Q, 3500 Hasselt, BelgiumKBO/BCE: BE 0878.229.684
Summary

The annual accounts of Reygel for financial year 2025 show a net loss of 96% of the equity at the start of that year. The 2025 annual accounts show equity of €3,457 and a net result of -€79,261. Equity is shrinking by about 9.3% per year across the filed financial years. Its solvency ranks better than 10% of 34,789 sector peers (NACE 43, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisFollow ReportCompare
ReygelActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
≈ €380,000turnover 2025, estimated
Equity
€3,457
Loss
-€79,261
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
  • Achten AnnemieDirector
2025 accounts 30 days early1 of 5 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €79,261 (financial year 2025)Sector: Specialised construction activities (NACE 43)Equity €3,457 (0.9% of total assets)lowers riskSize: total assets €389,687Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 26-16
equity 0.9% of total assets
Liquidity 18-14
short-term debt 62.7% · cash 1.1%
Profitability 4-36
return on assets -20.3%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 1.0%▲ +0.1 percentage points vs 12-2024 02-2025: 1.2%▲ +0.2 percentage points vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.2 percentage points vs 03-2025 05-2025: 0.8%▼ -0.6 percentage points vs 04-2025lowest value 06-2025: 0.8%● unchanged vs 05-2025lowest value 07-2025: 0.8%● unchanged vs 06-2025lowest value 08-2025: 0.8%● unchanged vs 07-2025lowest value 09-2025: 0.8%● unchanged vs 08-2025lowest value 10-2025: 0.8%● unchanged vs 09-2025lowest value 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.1%▲ +0.2 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 2.6%▲ +1.5 percentage points vs 03-2026highest value 05-2026: 2.6%● unchanged vs 04-2026highest value 06-2026: 2.6%● unchanged vs 05-2026highest value 07-2026: 1.4%▼ -1.2 percentage points vs 06-2026 08-2026: 1.4%● unchanged vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.3%▼ -0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.51, compared with 0.88 in 2024, below 1; short-term debt: 62.7% and cash: 1.1% of total assets), and 99.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 9% on solvency, 10% on liquidity, 9% on profitability and 4% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €389,687
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €79,261 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €3,457 (0.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34789 sector peers (2025).
NBB · sector comparison
Position among 34789 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
27 days early
2023
on the day
2022
30 days early
2021
on the day
2020
2 days early
2019
34 days early
← 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 18 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end29-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: REYGEL Anton (director)Registered-office move

Key points

  • Caution: Equity fell in 2025from €82,718 to €3,457 ▼ 95.8% View
  • Caution: Among the weakest 5% on net resultsector median €10,237 · 34,776 companies -€79,261 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€389,687
Loss
-€79,261
Solvency
0.9%
Total assets▼ 18.7%
Net result
20192025
Go to Financials

Timeline

Events
24
Since
2007
Next accounts
by 30-04-2027
  1. 30-04-2024Annual accounts filed
  2. 31-03-2023Annual accounts filed
  3. 30-09-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
28-12-2005
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Reygel

What is the company number of Reygel?
0878.229.684. In Belgium the VAT number is the company number with BE in front: BE 0878.229.684.
Where is Reygel based?
The registered office is at Ekkelgaarden 6Q, 3500 Hasselt.Company details
What does Reygel do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Reygel?
Private limited company (BV).
When was Reygel founded?
On 28-12-2005.
Is Reygel still active?
Yes, Reygel is an active enterprise in the KBO register.
What is the turnover of Reygel?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Reygel profitable?
In financial year 2025, Reygel made a loss of €79,261.
Where can I find the annual accounts of Reygel?
Reygel filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Reygel due?
By 30-04-2027, for financial year 2026.Timeline

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