Bankrupt · Opening faillissement (CBE)
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REIN4CED

BE0597747256

Rechtspersoon Public limited company 1 establishment

REIN4CED is a plastics manufacturer in Herent. Public Limited, started on 6 February 2015, 1 establishment.

Diependaalweg 4a, 3020 Herent rein4ced.com

Start date

6 February 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 41.8 to 32.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

REIN4CED from Herent, company number BE0597747256, closed financial year 2024 with a result of € -5.4 million after tax. For that financial year REIN4CED recorded a gross margin of € -186,519 and equity of € 58,052. Compared with financial year 2023, the result moved from € -5.8 million to € -5.4 million. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2025.

What it is worth Shrank hard

€ 58,052

▼ 99% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -5.4 million

▲ 7 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 263,998

▼ 45% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -22.1 million.

People and assets in 2024

Full-time equivalents

32

▼ 8.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.4 million

▼ 24% vs 2023

€ 74,200 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.

Vehicles and equipment

€ 2.8 million

▼ 18% vs 2023

Of which on lease € 2.7 million.

Debts at end 2024

Bank debt ≈ 1 years to go

€ 8.2 million

▲ 86% vs 2023

€ 5.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 561,583

▲ 15% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 249,417

▼ 36% vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 305,983 € 343,593 - -
Gross margin € -581,066 € -2,405,651 € -282,517 € -186,519 ▲ € 95,999
Profit after taxes € -3,603,422 € -7,278,363 € -5,839,648 € -5,410,093 ▲ € 429,555
Equity € 8,407,136 € 7,307,219 € 5,759,099 € 58,052 ▼ 99%
Total debts € 7,584,322 € 6,385,268 € 5,342,521 € 9,054,401 ▲ 69%
Cash € 5,977,135 € 3,321,782 € 483,612 € 263,998 ▼ 45%
Retained profit € -3,603,422 € -10,881,785 € -16,721,433 € -22,131,527 ▼ € 5.4 million
Bank debt € 6,326,985 € 5,512,397 € 4,421,833 € 8,243,400 ▲ 86%
Balance sheet total € 16,021,699 € 13,692,487 € 11,158,381 € 9,206,446 ▼ 17%
Employees (FTE) 23.6 41.8 40.2 32 ▼ 8.2

Key figures of REIN4CED, 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 REIN4CED?

What happened at REIN4CED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

REIN4CED is active according to the CBE. Legal situation: Opening faillissement.

  • Participatiemaatschappij Vlaanderen NV stepped down as director. NBB
  • Invest for Jobs NV stepped down as director. NBB
  • MG Callens BV stepped down as director. NBB
  • DDBCO BV stepped down as director. NBB
  • Capricorn Partners NV stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 5.4 million. Source: NBB ↗
  • Participatiemaatschappij Vlaanderen NV became a director. NBB
  • Invest for Jobs NV became a director. NBB

In short

From € 3.6 million loss in 2021 to € 5.4 million loss in 2024.

Paid € 800 in corporate taxes since 2021.

Management

The stake of FININDUS, Capricorn SCF, INVEST FOR JOBS, Participatiemaatschappij Vlaanderen, GEMMA FRISIUS-FONDS KU LEUVEN, INNOVATION FUND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

REIN4CED

The shares are held by FININDUS (35.7%), Capricorn SCF (21.7%), INVEST FOR JOBS (16.7%), Participatiemaatschappij Vlaanderen (13.8%), GEMMA FRISIUS-FONDS KU LEUVEN (10.1%) and INNOVATION FUND (6.3%).

Directors

According to the 2024 annual accounts

MG Callens BV

Director · represented by Callens MICHAËL

since 2021 · until 2027

since 2022 · until 2028

DDBCO BV

Director · represented by Dirk De Boever

since 2021 · until 2027

Capricorn Partners NV

Director · represented by Goris LUDWIG

Also active at: TS FLANDERS, CAPRICORN ICT ARKIV, Sensolus, Confo Therapeutics, Minze, ViroVet, STORY CHIEF, Azumuta +22 more

since 2021 · until 2027

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Diependaalweg 4a

3020 Herent

2.240.509.463

Diependaalweg 4A

3020 Herent

Active since 28 January 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Advanced Custom FieldsGoogle App EngineGoogle MapsJavaLodashPWAReactWixlazysizes

Hosting & Email

Email provider

Google Workspace

Hosting

WIX_COM, IL

Domain

Domain

rein4ced.com

Registered

2014-11-05

Registrar

Key-Systems GmbH

Expires

2026-11-05

Website info

HTTPS Ja
Languages EN
Copyright 2025

Features

Webshop

Security

✓ HTTPS
✗ SPF
✗ DMARC

Details

Company number
0597.747.256
VAT number
BE 0597.747.256
Registered office
Diependaalweg 4a, 3020 Herent
Names & denominations
REIN4CED
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
6 February 2015
Peppol
Not registered
Contact
rein4ced.com
Activities · NACE

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Frequently asked questions

What does REIN4CED do?
REIN4CED is a plastics manufacturer in Herent. Public Limited, started on 6 February 2015, 1 establishment.
What is the address of REIN4CED?
The registered office of REIN4CED is located at Diependaalweg 4a, 3020 Herent.
Is REIN4CED still active?
No. The CBE lists REIN4CED with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is REIN4CED registered on Peppol?
No, REIN4CED is currently not registered on the Peppol network.
What is the enterprise number of REIN4CED?
The enterprise number of REIN4CED is BE0597747256.
When was REIN4CED founded?
REIN4CED was founded on 6 February 2015.