VAN REET
ActiveSummary
VAN REET has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,994 and a net result of €32,451. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 5,778 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, full format
In the rankings
#4 oldest company in Genappe, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32,451
2024 · -€12,675
Working capital
-€73,953
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €3,311 in 2025 against €2,096 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€3,311
2025
Net result€32,451
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€270,000
2025
Equity€37,994
2025
Debt€232,006
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)12.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency14.1%
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€2,240--€23,070▼ 930%-€348▲ 98.5%-€772▼ 122%-€818▼ 6.0%-€2,114▼ 158%-€2,096▲ 0.8%-€3,311▼ 58.0%
Net result-€4,616--€25,121▼ 444%-€2,738within the sector's middle half▲ 89.1%-€2,918within the sector's middle half▼ 6.6%€134,175above the sector's middle half-€10,915within the sector's middle half-€12,675within the sector's middle half▼ 16.1%€32,451within the sector's middle half
Equity-€74,266--€99,387▼ 33.8%-€102,124below the sector's middle half▼ 2.8%-€105,043below the sector's middle half▼ 2.9%€29,132within the sector's middle half€18,218below the sector's middle half▼ 37.5%€5,543below the sector's middle half▼ 69.6%€37,994below the sector's middle half▲ 585%
Total assets€20,000-€260,000▲ 13×€270,000within the sector's middle half▲ 3.8%€270,000within the sector's middle half=€270,000within the sector's middle half=€270,000below the sector's middle half=€270,000below the sector's middle half=€270,000below the sector's middle half=
Debt€94,266-€359,387▲ 281%€372,124▲ 3.5%€375,043▲ 0.8%€240,868▼ 35.8%€251,782▲ 4.5%€264,457▲ 5.0%€232,006▼ 12.3%
Working capital-€73,953-
Solvency-371.3%--38.2%▲ 333.1pp-37.8%below the sector's middle half▲ 0.4pp-38.9%below the sector's middle half▼ 1.1pp10.8%within the sector's middle half▲ 49.7pp6.7%below the sector's middle half▼ 4.0pp2.1%below the sector's middle half▼ 4.7pp14.1%within the sector's middle half▲ 12.0pp
Current ratio0.21-
Return on assets (ROA)-23.1%--9.7%▲ 13.4pp-1.0%within the sector's middle half▲ 8.6pp-1.1%within the sector's middle half▼ 0.1pp49.7%above the sector's middle half▲ 50.8pp-4.0%below the sector's middle half▼ 53.7pp-4.7%below the sector's middle half▼ 0.7pp12.0%above the sector's middle half▲ 16.7pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €270,000
Equity
€37,994 ▲ 585%
Debt
€232,006 ▼ 12.3%
Debt's share of the balance-sheet total falls from 97.9% to 85.9%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
6.11▼
2024 · 47.71
ROE
85.4%▲
2024 · -228.7%
Debt ≤ 1 year
€128,006▼
2024 · €160,457
Debt > 1 year
€104,000=
2024 · €104,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €348 | €0 | €780 | €400 | ▼ 48.8% |
| Gross operating margin9900 | -€1,886 | -€2,591 | - | -€425 | -€471 | -€2,114 | -€1,316 | -€2,912 | ▼ 121% |
| Operating profit (loss)9901 | -€2,240 | -€23,070 | -€348 | -€772 | -€818 | -€2,114 | -€2,096 | -€3,311 | ▼ 58.0% |
| Financial income75/76B | - | - | - | - | €140,000 | €0 | - | €46,220 | - |
| Recurring financial income75 | - | - | - | - | €140,000 | €0 | - | €46,220 | - |
| Financial charges65/66B | - | - | - | €2,146 | €5,007 | €8,801 | €10,579 | €10,457 | ▼ 1.1% |
| Recurring financial charges65 | €2,376 | €2,051 | €2,390 | €2,146 | €5,007 | €8,801 | €10,579 | €10,457 | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | -€4,616 | -€25,121 | -€2,738 | -€2,918 | €134,175 | -€10,915 | -€12,675 | €32,451 | - |
| Profit (loss) for the period9904 | -€4,616 | -€25,121 | -€2,738 | -€2,918 | €134,175 | -€10,915 | -€12,675 | €32,451 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,616 | -€25,121 | -€2,738 | -€2,918 | €134,175 | -€10,915 | -€12,675 | €32,451 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €20,000 | €260,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | = |
| Fixed assets21/28 | - | €260,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | = |
| Financial fixed assets28 | - | €260,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | = |
| Current assets29/58 | €20,000 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €20,000 | - | - | - | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €20,000 | €260,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | €270,000 | = |
| Equity10/15 | -€74,266 | -€99,387 | -€102,124 | -€105,043 | €29,132 | €18,218 | €5,543 | €37,994 | ▲ 585% |
| Contributions10/11 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | = |
| Capital10 | - | - | - | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | = |
| Issued capital100 | - | - | - | €317,304 | €317,304 | €317,304 | €317,304 | €317,304 | = |
| Reserves13 | €150,877 | €150,877 | €150,877 | €150,877 | €150,877 | €150,877 | €150,877 | €150,877 | = |
| Non-distributable reserves130/1 | - | - | - | €20,330 | €20,330 | €20,330 | €20,330 | €20,330 | = |
| Legal reserve130 | - | - | - | €20,330 | €20,330 | €20,330 | €20,330 | €20,330 | = |
| Tax-exempt reserves132 | - | - | - | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | - | - | €111,797 | €111,797 | €111,797 | €111,797 | €111,797 | = |
| Profit (loss) carried forward14 | -€542,446 | -€567,567 | -€570,305 | -€573,223 | -€439,048 | -€449,963 | -€462,638 | -€430,187 | ▲ 7.0% |
| Amounts payable17/49 | €94,266 | €359,387 | €372,124 | €375,043 | €240,868 | €251,782 | €264,457 | €232,006 | ▼ 12.3% |
| Amounts payable after more than one year17 | - | €260,000 | €269,892 | €250,000 | €144,000 | €114,000 | €104,000 | €104,000 | = |
| Financial debts170/4 | - | - | - | €250,000 | - | - | €104,000 | €104,000 | = |
| Other amounts payable178/9 | - | - | - | - | €144,000 | €114,000 | - | - | - |
| Amounts payable within one year42/48 | €93,953 | €98,074 | €100,885 | €124,195 | €96,368 | €137,782 | €160,457 | €128,006 | ▼ 20.2% |
| Financial debts43 | - | - | - | €15,587 | €51,703 | €112,371 | €94,046 | €102,677 | ▲ 9.2% |
| Credit institutions430/8 | - | - | - | €15,587 | €51,703 | €112,371 | €94,046 | €102,677 | ▲ 9.2% |
| Trade debts44 | €1,410 | - | - | - | - | - | - | €42 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €42 | - |
| Other amounts payable47/48 | - | - | - | €108,608 | €44,665 | €25,411 | €66,411 | €25,287 | ▼ 61.9% |
| Accrued charges and deferred income492/3 | - | - | - | €848 | €500 | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,616 | -€25,121 | -€2,738 | -€2,918 | €134,175 | -€10,915 | -€12,675 | €32,451 | - |
| Operating cash flow (approximation) | -€4,616 | -€25,121 | -€2,738 | -€2,918 | €134,175 | -€10,915 | -€12,675 | €32,451 | - |
| Investment in fixed assets (approximation) | - | - | -€10,000 | €0 | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 06-07-2026 | 2026-00253784 |
| 31-12-2024 | full format | 25-08-2025 | 2025-00397304 |
| 31-12-2023 | full format | 23-09-2024 | 2024-00473688 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00423346 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20399619 |
| 31-12-2020 | micro format | 07-09-2021 | 2021-66900391 |
| 31-12-2019 | micro format | 20-10-2020 | 2020-62200203 |
| 31-12-2018 | micro format | 19-07-2019 | 2019-35400169 |
| 31-12-2017 | micro format | 06-08-2018 | 2018-43500213 |
| 31-12-2016 | micro format | 23-06-2017 | 2017-20400056 |
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Of the 12,071 active companies whose main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203), figures are known for 6,208. 2,928 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.