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).
Overview
- Equity
- €37,994
- Profit
- €32,451
- Parent
- L.T.B. SCRL
- Holdings
- 1
- Baudoin le Hardy de BeaulieuManaging director
- Laurence de HemptinneDirector
Why 86raises riskLiquiditeit niet neergelegd1 of the last 3 latelowers riskSize: total assets €270,000Founded in 1987Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 35% on solvency, 62% on liquidity, 54% on profitability and 99% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 34 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Back to profitnet €32,451
- Reappointments: Baudoin le Hardy de Beaulieu…Gazette deed
Financials · financial year 2025, full format
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
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).
| 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 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Baudoin le Hardy de Beaulieu |
|
| Laurence de Hemptinne |
|
Owners and capital
Owners
1 ownerChain of control
- L.T.B. SCRL
- VAN REET
Highest known parent: L.T.B. SCRL. The sources do not say who stands above it.
Owners 1
- L.T.B. SCRLconsolidating parentconsolidates
According to the 2025 annual accounts of VAN REET and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 08-12-2023 Capital stated in the deed · €317,303.71 · 20,000 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €31,935Result -€3,062100%
According to the 2025 annual accounts of VAN REET and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-09
Gazette deed
Reappointments: Baudoin le Hardy de Beaulieu (director and managing director) and Laurence de Hemptinne (director)3 facts ▸
- General meeting, 07-06-2025
- Director reappointment, Baudoin le Hardy de Beaulieu (director and managing director)
- Director reappointment, Laurence de Hemptinne (director)
08-12
Gazette deed
Purpose · Amendment of the articlesRegistered office clause · Purpose change · Capital8 facts ▸
- General meeting, “assemblée générale extraordinaire des actionnaires” (deed in French)
- Amendment of the articles (2 times)
- Registered office clause, “sortir l'adresse exacte du siège des statuts et remplacer l'article 2, Région wallonne” (deed in French)
- Registered office clause, “1470 Genappe, Rue de Ferrière 6” (deed in French)
- Purpose change
- Capital, €317,303.71
- Power of attorney
- Other provision, “votes, toutes résolutions qui précèdent adoptées à unanimité des voix” (deed in French)
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25013B0083/00F000 | Wallonia | 1,382 m² | 1 · 334 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La prise de participation dans des sociétés:; L'organisation d'évènements; La rédaction et la publication d'articles destinés à la presse…” (deed in French)
11 activities (deed in French)
- La prise de participation dans des sociétés:
- L'organisation d'évènements;
- La rédaction et la publication d'articles destinés à la presse;
- L'investissement dans des biens immobiliers;
- La société peut s'approprier, donner ou prendre en location, ériger, aliéner ou échanger tous biens meubles ou immeubles, d'exploitation ou d'équipement, et d'une manière générale entreprendre toutes opérations commerciales, industrielles ou financières se rapportant directement ou indirectement à son objet social, y compris la sous-traitance en général et l'exploitation de tous droits intellectuels et de propriété industrielle ou commerciale y relatifs; elle peut acquérir à titre d'investissement tous biens meubles ou immeubles, même sans rapport direct ou indirect avec l'objet social de la société;
- La société peut pourvoir à l'administration et à la liquidation de toutes sociétés liées ou avec lesquelles il existe un lien de participation et consentir tous prêts à celles-ci, sous quelque forme et pour quelque durée que ce soit.
- Elle dispose, d'une manière générale, d'une pleine capacité juridique pour accomplir tous les actes et opérations, commerciales, industrielles, financières, mobilières ou immobilières, ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
- Elle peut s'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations, affaires ou entreprises dont l'objet est identique, analogue, similaire ou connexe au sien, ou dans toute autre entreprise ou société, ou susceptible de favoriser le développement de son entreprise ou de contribuer à l'écoulement de ses produits et services.
- Elle peut exercer les fonctions d'administrateur ou liquidateur dans d'autres sociétés.
- La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large.
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d'accès à la profession, la société subordonnera son action, en ce qui concerne la prestation de ces actes, à la réalisation de ces conditions.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Administrateur unique, 13” (deed in French)“Composition de l'organe d'administration, 14” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, nature des actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 14:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit à n importe quel moment, organe d administration en fonction comme collège de liquidateurs à…” (deed in French)“Toutes opérations prévues par loi, assemblée générale en décide autrement à majorité des voix” (deed in French)1 more provision on this in the deed