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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
REYNAERT from Izegem, company number BE0478441711, closed financial year 2024 with a result of € -281,387 after tax. For that financial year REYNAERT recorded a gross margin of € 92,924 and equity of € 1.1 million. Compared with financial year 2023, the result moved from € -150,219 to € -281,387. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 1.1 million
▼ 21% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -281,387
▼ 87 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2,495
▲ 266% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -580,735.
Debts at end 2024
€ 3.2 million
▲ 9% vs 2023
€ 105,455 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 36,430
▼ 62% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 270
▼ 85% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 237,054 | € 184,030 | € 137,806 | € 92,924 | ▼ 33% |
| Profit after taxes | € 17,960 | € 6,750 | € -150,219 | € -281,387 | ▼ € 131,168 |
| Equity | € 1,514,120 | € 1,520,871 | € 1,370,652 | € 1,089,265 | ▼ 21% |
| Total debts | € 2,580,579 | € 2,429,831 | € 3,094,537 | € 3,403,750 | ▲ 10% |
| Cash | € 3,258 | € 11,047 | € 682 | € 2,495 | ▲ 266% |
| Land & buildings | € 3,096,510 | € 2,972,766 | € 3,491,378 | € 3,335,260 | ▼ 4% |
| Retained profit | € -155,880 | € -149,129 | € -299,348 | € -580,735 | ▼ € 281,387 |
| Bank debt | € 2,543,230 | € 2,377,284 | € 2,894,932 | € 3,154,857 | ▲ 9% |
| Balance sheet total | € 4,094,699 | € 3,950,701 | € 4,465,189 | € 4,493,015 | ▲ 1% |
Key figures of REYNAERT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to REYNAERT?
What happened at REYNAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 281,387. filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,960 profit in 2021 to € 281,387 loss in 2024.
Best year ever: 2021, with € 17,960 profit.
Management
Behind REYNAERT is CHRISTOPHE SPRIET.
Directors
According to the 2024 annual accounts
CHRISTOPHE SPRIET
Director
Establishments
Establishment units
Physical locations of this company
Rumbeeksestraat 47
8870 Izegem
Ketelstraat 2 box 5
8870 Izegem
Active since 9 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.441.711
- VAT number
- BE 0478.441.711
- Registered office
- Rumbeeksestraat 47, 8870 Izegem
- Names & denominations
- REYNAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2002
- Peppol
- Active · Active since 9 Jul 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen