Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REFON from Beveren-Kruibeke-Zwijndrecht, company number BE0862373748, closed financial year 2025 with a result of € 20,023 after tax. For that financial year REFON recorded a gross margin of € 62,999 and equity of € -87,821. Compared with financial year 2024, the result moved from € 149,913 to € 20,023. The company is profitable. 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 15, 2026.
€ -87,821
▲ € 20,023 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,023
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 8,667
▼ 80% 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 € -149,821.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,387
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,833
▼ 89% vs 2024
€ 10,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13,752
▼ 1% 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 | € 29,487 | € 52,121 | € 179,833 | € 62,999 | ▼ 65% |
| Profit after taxes | € -19,231 | € 16,088 | € 149,913 | € 20,023 | ▼ 87% |
| Equity | € -273,844 | € -257,756 | € -107,844 | € -87,821 | ▲ € 20,023 |
| Total debts | € 730,255 | € 630,106 | € 323,915 | € 269,327 | ▼ 17% |
| Cash | € 4,268 | € 4,072 | € 43,312 | € 8,667 | ▼ 80% |
| Land & buildings | € 63,109 | € 53,652 | € 51,816 | € 66,178 | ▲ 28% |
| Retained profit | € -335,844 | € -319,756 | € -169,844 | € -149,821 | ▲ € 20,023 |
| Bank debt | € 302,019 | € 268,013 | € 234,006 | € 25,833 | ▼ 89% |
| Balance sheet total | € 456,411 | € 372,349 | € 216,072 | € 181,506 | ▼ 16% |
Key figures of REFON, 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 REFON?
What happened at REFON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,023 (▼ 87% vs 2024). Source: NBB ↗
- Marc Smet became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,231 loss in 2022 to € 20,023 profit in 2025.
Best year ever: 2024, with € 149,913 profit.
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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
Directors
According to the 2025 annual accounts
Marc Smet
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Bleekhofdam 80
9150 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0862.373.748
- VAT number
- BE 0862.373.748
- Registered office
- Bleekhofdam 80, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- REFON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2003
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
Varkensvetmesterijen
Ondersteunende activiteiten in verband met de veeteelt
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Diensten in verband met de veeteelt, exclusief veterinaire dienstverlening