REYNA
ActiveSummary
REYNA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€121,758) and a net result of -€25,975. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 8% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-5
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.8 in 2024; short-term debt: 144.9% and cash: 1.1% of total assets), and equity is negative.
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Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-44.9%
Return on assets
-9.6%
Age of the figures
15 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year -€121,758
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
46 d early
2023
27 d early
2022
42 d early
2020
30 d late
2019
61 d late
2018
68 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 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 28 December (3 of the last 4 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€121,758▼ 27.1%
2024 · -€95,783
Total assets
€271,305▼ 30.2%
2024 · €388,452
Net result
-€25,975▼ 23.5%
2024 · -€21,033
Working capital
-€121,758▼ 26.7%
2024 · -€96,121
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20202022202320242025
Operating result€50,891▼ 33.7%€240,983--€7,753-€29,110▼ 275%-€31,682▼ 8.8%
Net result€26,950within the sector's middle half▼ 42.2%€216,749above the sector's middle half-€2,915within the sector's middle half▼ 98.7%-€21,033below the sector's middle half-€25,975below the sector's middle half▼ 23.5%
Equity-€294,414below the sector's middle half▲ 8.4%-€77,665below the sector's middle half--€74,750below the sector's middle half▲ 3.8%-€95,783below the sector's middle half▼ 28.1%-€121,758below the sector's middle half▼ 27.1%
Total assets€2.0mabove the sector's middle half▼ 19.8%€445,292within the sector's middle half-€457,353within the sector's middle half▲ 2.7%€388,452within the sector's middle half▼ 15.1%€271,305within the sector's middle half▼ 30.2%
Debt€2.3m▼ 18.5%€522,957-€532,103▲ 1.7%€484,235▼ 9.0%€393,063▼ 18.8%
Working capital-€294,414below the sector's middle half▲ 9.9%-€79,076below the sector's middle half--€75,625below the sector's middle half▲ 4.4%-€96,121below the sector's middle half▼ 27.1%-€121,758below the sector's middle half▼ 26.7%
Solvency-15.0%below the sector's middle half▼ 1.9pp-17.4%below the sector's middle half--16.3%below the sector's middle half▲ 1.1pp-24.7%below the sector's middle half▼ 8.3pp-44.9%below the sector's middle half▼ 20.2pp
Current ratio0.87within the sector's middle half▼ 0.010.85within the sector's middle half-0.86within the sector's middle half▲ 0.010.80within the sector's middle half▼ 0.060.69within the sector's middle half▼ 0.11
Return on assets (ROA)1.4%within the sector's middle half▼ 0.5pp48.7%above the sector's middle half-0.6%within the sector's middle half▼ 48.0pp-5.4%below the sector's middle half▼ 6.1pp-9.6%below the sector's middle half▼ 4.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Net result -99% on 2022. The previous fiscal year ran 18 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,682 in 2025 against €29,110 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
EBITDA
-€31,344▼
2024 · -€28,573
Cash flow
-€25,636▼
2024 · -€20,496
Debt to equity
-3.23▲
2024 · -5.06
Interest coverage
-4.37▲
2024 · -63.78
Debt ≤ 1 year
€393,063▼
2024 · €484,235
Income taxes
€484▲
2024 · €314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.5%
went bankrupt
5.6%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 2,338 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 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €826 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,442 | €198 | €536 | €537 | €338 | ▼ 37.0% |
| Other operating charges640/8 | - | €16,809 | €1,752 | €1,843 | €1,540 | ▼ 16.4% |
| Gross operating margin9900 | €62,495 | €257,990 | -€5,465 | -€26,730 | -€29,803 | ▼ 11.5% |
| Operating profit (loss)9901 | €50,891 | €240,983 | -€7,753 | -€29,110 | -€31,682 | ▼ 8.8% |
| Financial income75/76B | - | €21,969 | €19,241 | €15,153 | €13,359 | ▼ 11.8% |
| Recurring financial income75 | €20,143 | €21,969 | €19,241 | €15,153 | €13,359 | ▼ 11.8% |
| Non-recurring financial income76B | - | - | €19,241 | €15,153 | - | - |
| Financial charges65/66B | - | €25,523 | €6,853 | €6,762 | €7,168 | ▲ 6.0% |
| Recurring financial charges65 | €43,927 | €25,523 | €426 | €448 | €7,168 | ▲ 1,500% |
| Non-recurring financial charges66B | - | - | €6,427 | €6,314 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €27,107 | €237,429 | €4,635 | -€20,719 | -€25,491 | ▼ 23.0% |
| Income taxes67/77 | €157 | €20,680 | €1,720 | €314 | €484 | ▲ 54.2% |
| Profit (loss) for the period9904 | €26,950 | €216,749 | €2,915 | -€21,033 | -€25,975 | ▼ 23.5% |
| Profit (loss) for the period to be appropriated9905 | €26,950 | €216,749 | €2,915 | -€21,033 | -€25,975 | ▼ 23.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €445,292 | €457,353 | €388,452 | €271,305 | ▼ 30.2% |
| Fixed assets21/28 | - | €1,411 | €875 | €338 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0 | €1,411 | €875 | €338 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €1,411 | €875 | €338 | €0 | ▼ 100% |
| Current assets29/58 | €2.0m | €443,881 | €456,478 | €388,114 | €271,305 | ▼ 30.1% |
| Stocks and contracts in progress3 | €1.7m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €279,239 | €437,765 | €455,109 | €371,340 | €266,086 | ▼ 28.3% |
| Other amounts receivable41 | - | €437,765 | €455,109 | €371,340 | €266,086 | ▼ 28.3% |
| Cash at bank and in hand54/58 | €2,144 | €5,526 | €813 | €14,014 | €2,917 | ▼ 79.2% |
| Deferred charges and accrued income490/1 | - | €590 | €556 | €2,760 | €2,302 | ▼ 16.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €445,292 | €457,353 | €388,452 | €271,305 | ▼ 30.2% |
| Equity10/15 | -€294,414 | -€77,665 | -€74,750 | -€95,783 | -€121,758 | ▼ 27.1% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€314,414 | -€97,665 | -€94,750 | -€115,783 | -€141,758 | ▼ 22.4% |
| Amounts payable17/49 | €2.3m | €522,957 | €532,103 | €484,235 | €393,063 | ▼ 18.8% |
| Amounts payable within one year42/48 | €2.3m | €522,957 | €532,103 | €484,235 | €393,063 | ▼ 18.8% |
| Trade debts44 | €82,567 | €80,590 | €80,590 | €80,590 | €83,846 | ▲ 4.0% |
| Suppliers440/4 | - | €80,590 | €80,590 | €80,590 | €83,846 | ▲ 4.0% |
| Taxes, remuneration and social security45 | - | €20,681 | €22,400 | €177 | €646 | ▲ 265% |
| Taxes450/3 | - | €20,681 | €22,400 | €177 | €646 | ▲ 265% |
| Other amounts payable47/48 | - | €421,686 | €429,113 | €403,468 | €308,571 | ▼ 23.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,950 | €216,749 | €2,915 | -€21,033 | -€25,975 | ▼ 23.5% |
| + Depreciation and write-downs630 | €5,442 | €198 | €536 | €537 | €338 | ▼ 37.0% |
| Operating cash flow (approximation) | €32,392 | €216,947 | €3,451 | -€20,496 | -€25,636 | ▼ 25.1% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€0 | - |
| Change in cash | - | - | -€4,713 | €13,201 | -€11,097 | ▼ 184% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€25,975
Net result drops to -€25,975, the lowest in the series.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2018net €216,749 ▲704%
Operating result €240,983, net result €216,749, both a record.
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2008
Ground area
2,224 m²
Building footprint
1,259 m²
Volume, LiDAR
20,539 m³
Parcel 11303C0192/00W010, Flanders · tallest building 26.5 m, ±7 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
REYNA
since 20082.171.051.822
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0192/00W010 | Flanders | 2,224 m² | 1 · 1,259 m² | 26.5 m · 7 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-04-2008
Fiscal year end30-06
Activities, NACEBEL 2025
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897628496
Also
9925:BE0897628496
Registered
12-12-2025
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.