Financials
Financial year 2025
RE-innovate from Deinze, company number BE0893564097, closed financial year 2025 with a result of € 46,004 after tax. For that financial year RE-innovate recorded a gross margin of € 84,681 and equity of € 542,274. Compared with financial year 2024, the result moved from € 41,553 to € 46,004. Profitable, and profit is growing. The buffer shrank hard: equity is 75 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 542,274
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,004
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 915
▼ 93% 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 € 467,773.
People and assets in 2025
€ 52,517
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63,134
▼ 23% vs 2024
€ 33,722 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,509
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,613
▼ 37% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,487 | € 75,083 | € 79,338 | € 84,681 | ▲ 7% |
| Profit after taxes | € 19,301 | € 43,557 | € 41,553 | € 46,004 | ▲ 11% |
| Equity | € 2,107,531 | € 2,151,088 | € 2,164,299 | € 542,274 | ▼ 75% |
| Total debts | € 38,595 | € 132,246 | € 120,282 | € 92,284 | ▼ 23% |
| Cash | € 23,116 | € 9,210 | € 13,785 | € 915 | ▼ 93% |
| Retained profit | € 365,002 | € 408,558 | € 421,769 | € 467,773 | ▲ 11% |
| Dividend | € 0 | € 0 | € 28,342 | € 0 | ▼ 100% |
| Bank debt | € 14,001 | € 88,806 | € 81,498 | € 63,134 | ▼ 23% |
| Balance sheet total | € 2,146,126 | € 2,283,334 | € 2,284,581 | € 634,558 | ▼ 72% |
Key figures of RE-innovate, 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 RE-innovate?
What happened at RE-innovate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,004 (▲ 11% vs 2024). filed late Source: NBB ↗
- Henk De Metsenaere became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Deinze. KBO
In short
From € 19,301 profit in 2022 to € 46,004 profit in 2025.
Paid € 67,652 in corporate taxes since 2022.
Best year ever: 2025, with € 46,004 profit.
Paid out € 28,342 in dividends to the owners in total.
Management
Behind RE-innovate is Henk De Metsenaere. It owns 11.4% of TangentWorks itself.
Directors
According to the 2025 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Leernsesteenweg 199 box D
9800 Deinze
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.564.097
- VAT number
- BE 0893.564.097
- Registered office
- Leernsesteenweg 199 bus D, 9800 Deinze
- Names & denominations
- RE-innovate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2007
- Peppol
- Active · Active since 6 Nov 2025
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