REYNDERS-DAENEN
ActiveSummary
REYNDERS-DAENEN has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-148k) and a net result of €-47k. Equity is shrinking by ~48.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-3
Solvency15▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.48 against 3.77 in 2024; short-term debt: 28% and cash: 0.2% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-10.4%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-148k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
9 d early
2023
31 d late
2022
29 d late
2021
40 d early
2020
4 d early
2019
53 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-148k▼ 46.7%
2024 · €-101k
2018: €46k
2019: €-5k
2020: €-951
2021: €-25k
2022: €-62k
2023: €-91k
2024: €-101k
2018 → 2025
Total assets
€1.42M▼ 2.3%
2024 · €1.45M
2018: €1.53M
2019: €1.49M
2020: €1.54M
2021: €1.49M
2022: €1.51M
2023: €1.47M
2024: €1.45M
2018 → 2025
Net result
€-47k▼ 389%
2024 · €-10k
2018: €-66k
2019: €-51k
2020: €4k
2021: €-24k
2022: €-37k
2023: €-29k
2024: €-10k
2018 → 2025
Working capital
€983k▼ 4.8%
2024 · €1.03M
2018: €1.20M
2019: €1.15M
2020: €1.15M
2021: €1.12M
2022: €1.07M
2023: €1.05M
2024: €1.03M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-25k-€-62k▼ 144%€-91k▼ 47.4%€-101k▼ 10.6%€-148k▼ 46.7%
Operating result€-39k-€-52k▼ 32.8%€-34k▲ 34.1%€-15k▲ 54.8%€-52k▼ 234%
Net result€-24k-€-37k▼ 49.3%€-29k▲ 19.6%€-10k▲ 67.2%€-47k▼ 389%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €52k in 2025 against €15k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€39k ▼ 14.3%
Current assets
€1.38M ▼ 1.9%
Key figures and ratios
EBITDA
€-45k▼
2024 · €-9k
Cash flow
€-41k▼
2024 · €-3k
Solvency
-10.4%▼
2024 · -7.0%
Current ratio
3.48▼
2024 · 3.77
Quick ratio
0.03▼
2024 · 0.04
Debt to equity
-10.58▲
2024 · -15.39
ROA
-3.3%▼
2024 · -0.7%
Interest coverage
-3.45▼
2024 · -0.55
Debt
€1.57M▲
2024 · €1.55M
Debt ≤ 1 year
€396k▲
2024 · €373k
Debt > 1 year
€1.16M▼
2024 · €1.17M
Income taxes
€141▼
2024 · €271
Staff costs
€96k▲
2024 · €85k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.45M€1.42M▼
Fixed assets21/28€45k€39k▼
Tangible fixed assets22/27€45k€38k▼
Plant, machinery and equipment23€45k€38k▼
Financial fixed assets28€181€181=
Current assets29/58€1.41M€1.38M▼
Stocks and contracts in progress3€1.39M€1.37M▼
Stocks30/36€1.39M€1.37M▼
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€10k€7k▼
Other amounts receivable41€612€1▼
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.42M▼
Equity10/15€-101k€-148k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€51k€51k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-214k€-261k▼
Amounts payable17/49€1.55M€1.57M▲
Amounts payable after more than one year17€1.17M€1.16M▼
Financial debts170/4€1.17M€1.16M▼
Amounts payable within one year42/48€373k€396k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€21k€40k▲
Suppliers440/4€21k€40k▲
Taxes, remuneration and social security45€30k€31k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€314k€314k=
Accrued charges and deferred income492/3€8k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€85k€96k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€4k€4k▲
Gross operating margin9900€80k€54k▼
Operating profit (loss)9901€-15k€-52k▼
Financial income75/76B€23k€18k▼
Recurring financial income75€23k€18k▼
Financial charges65/66B€16k€13k▼
Recurring financial charges65€16k€13k▼
Profit (loss) for the period before taxes9903€-9k€-47k▼
Income taxes67/77€271€141▼
Profit (loss) for the period9904€-10k€-47k▼
Profit (loss) for the period to be appropriated9905€-10k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-214k€-261k▼
Profit (loss) brought forward from the previous period14P€-204k€-214k▼
Social balance
Average headcount (FTE)90872.2-
The notes to these accounts (9 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tongeren-Borgloon · 1 establishment unit since 1983
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.
Viséweg 2533700 Tongeren-BorgloonGround area
1,399 m²
Building footprint
188 m²
Volume, LiDAR
1,663 m³
Parcel 73046B0408/00C002, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
REYNDERS DAENEN
since 19832.023.123.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73046B0408/00C002 | Flanders | 1,399 m² | 1 · 188 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
MARIS
BE 0877.820.405
Mechelen · Eq €46,547
Sofarel
BE 0407.974.773
Brussel · Eq €46,814
MODA VOSTRA
BE 0895.019.988
Tielt · Eq €45,290
FLGT
BE 0642.821.968
Enghien · Eq €44,412
THE VELVET FACTORY
BE 0471.587.373
Beringen · Eq €42,850
Of 199 companies in sector 46425 we hold annual accounts for 135. 78 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-1983
Fiscal year end31-12
Activities, NACEBEL 2025
46425Wholesale trade
47721Retail sale of footwear
47512Retail sale of household textiles and bedding
47521Retail sale of hardware, building materials, paint and glass (general range)
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.