RHEA
ActiveSummary
The annual accounts of RHEA for financial year 2025 show a net loss of 53% of total assets and of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €6,108 and a net result of -€14,445. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 30% of 1,857 sector peers (NACE 59, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RHEA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Titel IV.Bestuur-Controle, Artikel10” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden zowel ten bezwarende als ten kosteloze titel zowel vrijwillig als gedwongen inclusief uitsluiting en…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, orgaan dat overgaat tot uitgifte” (deed in Dutch)