Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REBUS from Dendermonde, company number BE0400304053, closed financial year 2025 with a result of € -59,748 after tax. For that financial year REBUS recorded a gross margin of € 20,496 and equity of € 963,216. Compared with financial year 2024, the result moved from € -77,514 to € -59,748. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ 963,216
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,748
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 12,180
▲ 132% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 631,216.
People and assets in 2025
€ 84,319
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 271,334
▼ 16% vs 2024
€ 53,357 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 32,032
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,123
▼ 69% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,217 | € 200,251 | € 22,445 | € 20,496 | ▼ 9% |
| Profit after taxes | € -38,339 | € 29,449 | € -77,514 | € -59,748 | ▲ € 17,766 |
| Equity | € 1,071,029 | € 1,100,478 | € 1,022,964 | € 963,216 | ▼ 6% |
| Total debts | € 1,154,652 | € 932,227 | € 849,341 | € 875,522 | ▲ 3% |
| Cash | € 11,167 | € 72,853 | € 5,250 | € 12,180 | ▲ 132% |
| Land & buildings | € 2,179,173 | € 1,885,646 | € 1,824,092 | € 1,776,651 | ▼ 3% |
| Retained profit | € 739,029 | € 768,478 | € 690,964 | € 631,216 | ▼ 9% |
| Bank debt | € 548,586 | € 377,584 | € 324,535 | € 271,334 | ▼ 16% |
| Balance sheet total | € 2,362,433 | € 2,106,408 | € 1,941,533 | € 1,903,491 | ▼ 2% |
Key figures of REBUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 March 2027.
What happened to REBUS?
What happened at REBUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ingrid Waterschoot stepped down as director. NBB
- Georges De Vos stepped down as director. NBB
- Hans De Vos stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 59,748. Source: NBB ↗
- Ingrid Waterschoot became a director. NBB
- Georges De Vos became a director. NBB
- Hans De Vos became a director. NBB
- New establishment in Dendermonde. KBO
In short
From € 38,339 loss in 2022 to € 59,748 loss in 2025.
Paid € 104,466 in corporate taxes since 2022.
Best year ever: 2023, with € 29,449 profit.
Management
Directors
According to the 2025 annual accounts
Ingrid Waterschoot
Director
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Migrostraat (SCH) 121
9200 Dendermonde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.304.053
- VAT number
- BE 0400.304.053
- Registered office
- Migrostraat (SCH) 121, 9200 Dendermonde
- Names & denominations
- REBUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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