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 3 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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Busy address KBO
71 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
REFOREST EMERAUDE 2 from Tournai, company number BE0708860459, closed financial year 2025 with a result of € -14,188 after tax. For that financial year REFOREST EMERAUDE 2 recorded a gross margin of € -3,883 and equity of € -28,940. Compared with financial year 2024, the result moved from € -13,723 to € -14,188. 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 August 27, 2026.
€ -28,940
▼ € 14,188 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,188
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,858
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,940.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,139
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,476 | € -5,444 | € -3,783 | € -3,883 | ▼ € 100 |
| Profit after taxes | € -664 | € -16,438 | € -13,723 | € -14,188 | ▼ € 465 |
| Equity | € 15,408 | € -1,030 | € -14,753 | € -28,940 | ▼ € 14,188 |
| Total debts | € 1,509,636 | € 1,524,293 | € 1,541,693 | € 1,555,021 | ▲ 1% |
| Cash | € 17,439 | € 16,800 | € 20,459 | € 17,858 | ▼ 13% |
| Retained profit | € -4,592 | € -21,030 | € -34,753 | € -48,940 | ▼ € 14,188 |
| Balance sheet total | € 1,525,044 | € 1,523,263 | € 1,526,941 | € 1,526,080 |
Key figures of REFOREST EMERAUDE 2, 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 REFOREST EMERAUDE 2?
What happened at REFOREST EMERAUDE 2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,188. filed late Source: NBB ↗
- Olivier GANDON became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 664 loss in 2022 to € 14,188 loss in 2025.
A new publication or filing at REFOREST EMERAUDE 2? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MINQUIERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
REFOREST EMERAUDE 2Behind REFOREST EMERAUDE 2 is Olivier GANDON. The shares are held by MINQUIERS (49%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Tournai(R-C) 52 box 1
7520 Tournai
Chaussée de Tournai(R-C) 52/1
7520 Tournai
Active since 10 October 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 71 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0708.860.459
- VAT number
- BE 0708.860.459
- Registered office
- Chaussée de Tournai(R-C) 52 bus 1, 7520 Tournai
- Names & denominations
- REFOREST EMERAUDE 2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2018
- Peppol
- Not registered