Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 83.9 to 70.5.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
REYNDERS from Houthalen-Helchteren, company number BE0411630683, closed financial year 2025 with a result of € 751,921 after tax. For that financial year REYNDERS recorded revenue of € 15.5 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -851,466 to € 751,921. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 2.2 million
▲ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 751,921
▲ still € 851,466 loss in 2024
Profit after tax over the fiscal year.
€ 250,004
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 163,958.
People and assets in 2025
70.5
▼ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
▼ 14% vs 2024
€ 71,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 556,702
▼ 10% vs 2024
Of which on lease € 425,083.
Debts at end 2025
€ 374,471
▼ 27% vs 2024
€ 117,395 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.4 million
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 147 days on average.
€ 846,362
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,723,951 | € 25,968,582 | € 25,167,911 | € 15,529,003 | ▼ 38% |
| Profit after taxes | € 339,830 | € -124,194 | € -851,466 | € 751,921 | ▲ € 1.6 million |
| Equity | € 2,387,697 | € 2,263,504 | € 1,412,037 | € 2,163,958 | ▲ 53% |
| Total debts | € 11,833,703 | € 10,756,849 | € 12,586,814 | € 9,616,110 | ▼ 24% |
| Cash | € 1,261,021 | € 651,341 | € 212,110 | € 250,004 | ▲ 18% |
| Land & buildings | € 549,422 | € 529,342 | € 525,893 | € 474,758 | ▼ 10% |
| Retained profit | € 387,697 | € 263,504 | € -587,963 | € 163,958 | ▲ € 751,921 |
| Dividend | € 340,185 | € 0 | € 0 | € 0 | |
| Bank debt | € 372,506 | € 227,502 | € 514,329 | € 374,471 | ▼ 27% |
| Balance sheet total | € 14,343,701 | € 13,115,283 | € 14,339,768 | € 11,973,448 | ▼ 17% |
| Employees (FTE) | 85.3 | 83.9 | 76.6 | 70.5 | ▼ 6.1 |
Key figures of REYNDERS, 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 July 2027.
What happened to REYNDERS?
What happened at REYNDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank GERARDI stepped down as director. NBB
- Christope VAN OPHEM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 751,921. Source: NBB ↗
- Philippe BRULARD stepped down as director. NBB
- Sebastien DELMARCHE stepped down as director. NBB
- Frank GERARDI became a director. NBB
- Christope VAN OPHEM became a director. NBB
- Sebastien DELMARCHE became a director. NBB
In short
From € 339,830 profit in 2022 to € 751,921 profit in 2025.
Paid € 337,527 in corporate taxes since 2022.
Best year ever: 2025, with € 751,921 profit.
Paid out € 340,185 in dividends to the owners in total.
Management
The stake of EIFFAGE CONSTRUCTION BeLux, EIFFAGE DEVELOPMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
REYNDERSThe shares are held by EIFFAGE CONSTRUCTION BeLux (100%) and EIFFAGE DEVELOPMENT. It owns 2% of SODEMAT itself.
Directors
According to the 2025 annual accounts
Philippe BRULARD
Director
Also active at: DE GRAEVE ENTREPRISES GENERALES, AB-Eiffage, HERBOSCH - KIERE, Entreprises générales Louis Duchene, OOSTVLAAMS MILIEUBEHEER, EIFFAGE BENELUX, ENTREPRISE DE CONSTRUCTION ET MONTAGE, BRUSTAR SOUVERAIN +1 more
since 2020 · until 2026
Frank GERARDI
Managing director
since 2024 · until 2030
Sebastien DELMARCHE
Director
since 2020 · until 2025
Christope VAN OPHEM
Chairman of the board
since 2021 · until 2027
Shareholders
Participations
2%
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 2049
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →THV PIT - REYNDERS
THV Duchêne - Reynders
THV DACIA
TM PIT - REYNDERS "PXL"
TM PIT - REYNDERS "De Twijg"
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.630.683
- VAT number
- BE 0411.630.683
- Registered office
- Centrum-Zuid 2049, 3530 Houthalen-Helchteren
- Names & denominations
- REYNDERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1971
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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