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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REX LAND from Gent, company number BE0691989387, closed financial year 2025 with a result of € -828,388 after tax. For that financial year REX LAND recorded a gross margin of € 89,901 and equity of € -581,571. Compared with financial year 2024, the result moved from € -262,478 to € -828,388. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -581,571
▼ € 828,388 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -828,388
▼ 216 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,686
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -587,771.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 3.5 million
▲ 84% vs 2024
€ 81,240 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 518,805 | € 787,939 | € -63,362 | € 89,901 | ▲ € 153,262 |
| Profit after taxes | € 355,194 | € 42,529 | € -262,478 | € -828,388 | ▼ € 565,910 |
| Equity | € 466,766 | € 509,295 | € 246,817 | € -581,571 | ▼ € 828,388 |
| Total debts | € 3,351,626 | € 4,151,864 | € 3,563,165 | € 3,550,110 | |
| Cash | € 1,133 | € 785 | € 10,507 | € 4,686 | ▼ 55% |
| Retained profit | € 460,566 | € 503,095 | € 240,617 | € -587,771 | ▼ € 828,388 |
| Bank debt | € 1,641,829 | € 2,749,038 | € 1,921,000 | € 3,528,801 | ▲ 84% |
| Balance sheet total | € 3,818,392 | € 4,661,159 | € 3,809,982 | € 2,968,539 | ▼ 22% |
Key figures of REX LAND, 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 REX LAND?
What happened at REX LAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 828,388. Source: NBB ↗
- FRINGLOOS BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 355,194 profit in 2022 to € 828,388 loss in 2025.
Paid € 145,085 in corporate taxes since 2022.
Best year ever: 2022, with € 355,194 profit.
Management
Behind REX LAND is FRINGLOOS BV. FRINGLOOS BV is also behind STEEN ELEKTRICITEIT, REX CONSTRUCTION, STEEN & VDK TECHNIEKEN, R-B Projects and GLOBAL REX 2.
Directors
According to the 2025 annual accounts
Director · represented by LAURENS STEEN
Also active at: STEEN ELEKTRICITEIT, REX CONSTRUCTION, STEEN & VDK TECHNIEKEN, R-B Projects, GLOBAL REX 2, Ampeer, Oersoep, LAPIS SOLAR +2 more
since 2023
Establishments
Establishment units
Physical locations of this company
Tempelhof 50
9000 Gent
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
- 0691.989.387
- VAT number
- BE 0691.989.387
- Registered office
- Tempelhof 50, 9000 Gent
- Names & denominations
- REX LAND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2018
- Peppol
- Active · Active since 6 Jan 2026