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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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REYCA from Nazareth-De Pinte, company number BE0452563297, closed financial year 2025 with a result of € 22,065 after tax. For that financial year REYCA recorded a gross margin of € 202,502 and equity of € 469,125. Compared with financial year 2024, the result moved from € 96,357 to € 22,065. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 469,125
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,065
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 33,151
▼ 89% 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 € 339,125.
Debts at end 2025
€ 2 million
▼ 9% vs 2024
€ 165,490 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 34,973
▲ € 33,047 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,509
▲ 77% 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 | € 92,545 | € 162,471 | € 211,067 | € 202,502 | ▼ 4% |
| Profit after taxes | € 43,095 | € -73,177 | € 96,357 | € 22,065 | ▼ 77% |
| Equity | € 423,881 | € 350,704 | € 447,061 | € 469,125 | ▲ 5% |
| Total debts | € 716,577 | € 3,993,068 | € 4,089,173 | € 3,751,184 | ▼ 8% |
| Cash | € 9,488 | € 39,294 | € 288,705 | € 33,151 | ▼ 89% |
| Land & buildings | € 777,124 | € 2,494,766 | € 2,459,926 | € 2,422,589 | ▼ 2% |
| Retained profit | € 293,881 | € 220,704 | € 317,061 | € 339,125 | ▲ 7% |
| Bank debt | € 302,269 | € 1,315,787 | € 2,172,224 | € 1,986,874 | ▼ 9% |
| Balance sheet total | € 1,198,926 | € 4,399,450 | € 4,589,124 | € 4,270,412 | ▼ 7% |
Key figures of REYCA, 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 REYCA?
What happened at REYCA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,065 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,095 profit in 2022 to € 22,065 profit in 2025.
Paid € 60,782 in corporate taxes since 2022.
Best year ever: 2024, with € 96,357 profit.
Management
Behind REYCA are Koen Reynvoet and Kurt Reynvoet. It owns 100% of Cartim, 100% of Trans Mobility Solutions, 100% of Carwash De Rotonde and 80% of Orfys itself.
Directors
According to the 2025 annual accounts
Kurt Reynvoet
Director
Establishments
Establishment units
Physical locations of this company
Steenweg Deinze 106
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.563.297
- VAT number
- BE 0452.563.297
- Registered office
- Steenweg Deinze 106, 9810 Nazareth-De Pinte
- Names & denominations
- REYCA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1994
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen