Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REFX from Bouillon, company number BE1008549877, closed financial year 2025 with a result of € 220 after tax. For that financial year REFX recorded a gross margin of € 773 and equity of € 3,405. Compared with financial year 2024, the result moved from € -1,815 to € 220. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 3,405
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 220
▲ still € 1,815 loss in 2024
Profit after tax over the fiscal year.
€ 4,051
▲ € 3,922 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 € -1,595.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 565
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 238
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,652 | € 773 | ▲ € 2,425 |
| Profit after taxes | € -1,815 | € 220 | ▲ € 2,035 |
| Equity | € 3,185 | € 3,405 | ▲ 7% |
| Total debts | € 4,499 | € 215,099 | ▲ € 210,601 |
| Cash | € 129 | € 4,051 | ▲ € 3,922 |
| Retained profit | € -1,815 | € -1,595 | ▲ € 220 |
| Balance sheet total | € 7,683 | € 218,504 | ▲ € 210,821 |
Key figures of REFX, fiscal years 2024 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 REFX?
What happened at REFX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 220. Source: NBB ↗
- New establishment in Bouillon. KBO
- Théo Altenhoven became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,815 loss in 2024 to € 220 profit in 2025.
Best year ever: 2025, with € 220 profit.
Management
Behind REFX is Théo Altenhoven. It owns 100% of Mamer Shop itself.
Directors
According to the 2025 annual accounts
Théo Altenhoven
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue de la Bichetour,Curfoz 45
6832 Bouillon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1008.549.877
- VAT number
- BE 1008.549.877
- Registered office
- Rue de la Bichetour,Curfoz 45, 6832 Bouillon
- Names & denominations
- REFX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2024
- Peppol
- Active · Active since 13 Oct 2025
- Contact
- [email protected] +32473955160
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Overige zakelijke dienstverlening, neg
Verhuur en lease van vrachtwagens