Active BE 0880.485.727Private limited companyOpen bankruptcy

Reynders & Reynders

Rerum Novarumstraat 10 ·3530 Houthalen-Helchteren, Belgium· 20 yrs active

Sector: Algemene elektrotechnische installatiewerken (43211)

Conclusion Checked

A bankruptcy procedure is open for Reynders & Reynders according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €122k and a net result of €6k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€122k
Net result	€6k
Better than sector	72%
Active	20 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

38 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 18

Profitability 25

Solvency 96

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

18 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 06-08-2024 with the NBB · fiscal year 2023 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	53.3%	33.8%	better than 72% of 901 sector peers
Net result	€6k	€29k	better than 29% of 901 sector peers
Equity	€122k	€130k	better than 49% of 901 sector peers
Gross operating margin	€11k	€196k	better than 13% of 899 sector peers
Total assets	€228k	€514k	better than 32% of 901 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€6k

-36.6% 18-23

Total assets

€228k

+4.4% 18-23

Equity

€122k

+5.2% 18-23

Working capital

€148k

+1.4% 18-23

Income taxes

€3k

-2.7% 18-23

Debt

€107k

+3.5% 18-23

Debt ≤ 1y

€80k

+10.4% 18-23

Debt > 1y

€3k

-74.4% 18-23

Current ratio

2.85

-5.5% 18-23

Quick ratio

2.85

-5.5% 18-23

Solvency

53.3%

+0.7% 18-23

Debt / equity

0.88

-1.6% 18-23

ROE

4.9%

-39.7% 18-23

ROA

2.6%

-39.2% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€6k
Cash flow	-
Staff costs	-
Income taxes	€3k
Dividends	-
Total assets	€228k
Equity	€122k
Debt	€107k
of which ≤ 1y	€80k
of which > 1y	-
Working capital	€148k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	2.85
Quick ratio	2.85
Working capital ratio	64.9%
Solvency	53.3%
Debt / equity	0.88
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	2.6%
ROE	4.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Equity & liabilities

Equity €122k · 53.3% Debt €107k · 46.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€228k
Fixed assets	21/28	€0
Tangible fixed assets	22/27	€0
Current assets	29/58	€228k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€318
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€228k
Equity	10/15	€122k
Contributions / capital	10/11	€8k
Reserves	13	€51k
Accumulated profits (losses)	14	€63k
Amounts payable	17/49	€107k
Amounts payable within one year	42/48	€80k
Trade debts payable within one year	44	€15k
Income statement
Gross operating margin	9900	€11k
Operating result	9901	€8k
Financial income	75	€7k
Financial charges	65	€5k
Result before taxes	9903	€9k
Income taxes	67/77	€3k
Net result for the period	9904	€6k
Result to be appropriated	9905	€6k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	THEO MACOURS EERSELS 56, 3980 TESSEN- DERLO-HAM	05-06-2025 → present	Belgian State Gazette
Curator	SEBASTIAAN MEEUWENS EERSELS 56, 3980 TESSENDERLO-HAM-	05-06-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Algemene elektrotechnische installatiewerken(43211)
Legal form	Private limited company(610)
Incorporation	04-04-2006
Status	Active
Postal code	3530
First BS signal	12-06-2025
Latest BS signal	12-06-2025

Establishment units 1 location

Algemene Electriciteitswerken REYNDERS & REYNDERS

Rerum Novarumstraat 10, 3530 Houthalen-HelchterenGroothandel in onderdelen en accessoires van auto's inclusief de groothandel in tweedehands onderdelen

since 20062.153.399.208

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72014D0329/00Y000	Flanders	672 m²	1 · 180 m²	7.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

12-06-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · REYNDERS & REYNDERS BV RERUM NOVARUMSTRAAT 10, 3530 HOUTHALEN-HELCHTEREN · event 05-06-2025

2024

06-08-2024