Active BE 0715.969.470Private limited company (pre-2019)Open bankruptcy

REZ CONSTRUCT

Heerbaan 76 ·8530 Harelbeke, Belgium· 7 yrs active

Sector: Specialised construction (43410)

Conclusion Checked

A bankruptcy procedure is open for REZ CONSTRUCT according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €35k and a net result of €7k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€35k
Net result	€7k
Staff (FTE)	0.7
Active	7 yrs

Snowflake analysis 5 axes · computed by Checked

54 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 34

Profitability 100

Solvency 82

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 risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

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

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

34 / 100 Weak

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

EBITDA

€17k

— far above sector median

Net profit

€7k

— far above sector median

Cash flow

€16k

— far above sector median

Total assets

€91k

-19.5% +14% vs sector

Equity

€35k

+26.0% -32% vs sector

Working capital

€38k

+70.7% -7% vs sector

Employees (FTE)

1

-66.7% -67% vs sector

Staff costs

€38k

-46.3% -70% vs sector

Income taxes

€636

+174.3% -33% vs sector

Debt

€56k

-34.3% +23% vs sector

Debt ≤ 1y

€34k

-45.4% -24% vs sector

Debt > 1y

€15k

-32.6% 19–24

Current ratio

2.10

+55.5% +23% vs sector

Quick ratio

1.97

+107.5% +16% vs sector

Solvency

38.4%

+56.5% -19% vs sector

Debt / equity

1.61

-47.8% +40% vs sector

ROE

20.6%

— far above sector median

ROA

7.9%

— far above sector median

Interest coverage

17.34

— far above sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€17k
Net profit	€7k
Cash flow	€16k
Staff costs	€38k
Income taxes	€636
Dividends	—
Total assets	€91k
Equity	€35k
Debt	€56k
of which ≤ 1y	€34k
of which > 1y	€15k
Working capital	€38k
Employees (FTE)	0.7

Ratios (computed)

	2024
Current ratio	2.10
Quick ratio	1.97
Working capital ratio	41.7%
Solvency	38.4%
Debt / equity	1.61
Long-term debt ratio	0.43
Interest coverage	17.34
Gross margin	—
Net margin	—
ROA	7.9%
ROE	20.6%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €19k · 20.5% Current assets €72k · 79.5%

Equity & liabilities

Equity €35k · 38.4% Debt €56k · 61.6%

Full annual accounts

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

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€91k
Fixed assets	21/28	€19k
Tangible fixed assets	22/27	€19k
Current assets	29/58	€72k
Stocks & contracts in progress	3	€4k
Amounts receivable within one year	40/41	€67k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€91k
Equity	10/15	€35k
Contributions / capital	10/11	€6k
Reserves	13	€29k
Amounts payable	17/49	€56k
Amounts payable after one year	17	€15k
Amounts payable within one year	42/48	€34k
Trade debts payable within one year	44	€14k
Income statement
Gross operating margin	9900	€56k
Operating result	9901	€8k
Financial income	75	€1k
Financial charges	65	€969
Result before taxes	9903	€8k
Income taxes	67/77	€636
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	PIETER DEWAELE GROENINGESTRAAT 33, 8500 KORT- RIJK	02-12-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Specialised construction(43410)
Legal form	Private limited company (pre-2019)(015)
Incorporation	18-12-2018
Status	Active
Postal code	8530
First BS signal	08-12-2025
Latest BS signal	08-12-2025

Company structure — linked entities1 linked entities

Mandates

Establishment units 1 location

REZ CONSTRUCT

Heerbaan 76, 8530 HarelbekeVervaardiging van metalen constructiewerken en delen daarvan

since 20182.282.895.493

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.
34322B0376/00B002	Flanders	292 m²	1 · 97 m²	11.2 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 7 events

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

2025

08-12-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · REZ CONSTRUCT BV HEER- BAAN 76, 8530 HARELBEKE · event 02-12-2025

31-08-2025