REIFF
ActiveSummary
REIFF has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.99M and a net result of €636k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 50% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+6
Solvency61▲+11
Growth71=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.96 in 2023; short-term debt: 44.4% and cash: 9.6% of total assets), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
11.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
12 d late
2023
14 d early
2022
14 d early
2021
13 d early
2020
18 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€25.46M▲ 7.6%
2022 · €23.67M
2022: €23.67M
2022 → 2023
EBIT margin
6.5%▲ 3.2pp
2022 · 3.3%
2022: 3.3%
2022 → 2023
Net result
€636k▼ 57.5%
2023 · €1.50M
2018: €346k
2019: €252k
2020: €458k
2021: €546k
2022: €600k
2023: €1.50M
2018 → 2025
Working capital
€-242k▼ 11.4%
2023 · €-217k
2018: €543k
2019: €221k
2020: €676k
2021: €-107k
2022: €-293k
2023: €-217k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€23.67M€25.46M▲ 7.6%
Equity€1.88M-€1.86M▼ 1.1%€2.30M▲ 23.5%€2.18M▼ 5.5%€1.99M▼ 8.5%
Operating result€521k-€585k▲ 12.2%€780k▲ 33.5%€1.66M▲ 113%€970k▼ 41.7%
Net result€458k-€546k▲ 19.2%€600k▲ 9.9%€1.50M▲ 149%€636k▼ 57.5%
Result per fiscal year
Operating resultNet result
The operating result is €970k in 2025, compared with €1.66M in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €5.49M
Fixed assets
€3.30M ▼ 20.4%
Current assets
€2.19M ▼ 53.3%
Equity and liabilities €5.49M
Equity
€1.99M ▼ 8.5%
Provisions
€10k ▼ 66.7%
Debt
€3.49M ▼ 47.4%
Debt's share of the balance-sheet total falls from 75.1% to 63.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.33M▼
2023 · €2.08M
Cash flow
€994k▼
2023 · €1.91M
Current ratio
0.90▼
2023 · 0.96
Quick ratio
0.48▲
2023 · 0.22
Debt to equity
1.75▼
2023 · 3.05
ROE
32.0%▼
2023 · 68.7%
ROA
11.6%▼
2023 · 16.9%
Interest coverage
8.78▼
2023 · 42.19
Debt ≤ 1 year
€2.44M▼
2023 · €4.92M
Debt > 1 year
€930k▼
2023 · €1.57M
Income taxes
€188k▲
2023 · €98k
Staff costs
€1.20M▲
2023 · €1.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2023 · 89 lines
Balance sheet
Code20232025
Assets
Total assets20/58€8.84M€5.49M▼
Fixed assets21/28€4.14M€3.30M▼
Tangible fixed assets22/27€4.14M€3.29M▼
Land and buildings22€3.17M€2.60M▼
Plant, machinery and equipment23€150k€61k▼
Furniture and vehicles24€819k€634k▼
Financial fixed assets28€5k€5k=
Other financial fixed assets284/8€5k-
Amounts receivable and cash guarantees285/8€5k-
Current assets29/58€4.70M€2.19M▼
Stocks and contracts in progress3€3.63M€1.03M▼
Stocks30/36€3.63M€1.03M▼
Goods purchased for resale34€3.63M-
Amounts receivable within one year40/41€948k€589k▼
Trade receivables40€681k€589k▼
Other amounts receivable41€267k€445▼
Cash at bank and in hand54/58€60k€529k▲
Deferred charges and accrued income490/1€60k€42k▼
Equity and liabilities
Total equity and liabilities10/49€8.84M€5.49M▼
Equity10/15€2.18M€1.99M▼
Contributions10/11€80k€71k▼
Capital10€80k€71k▼
Issued capital100€80k€71k▼
Reserves13€2.01M€1.86M▼
Non-distributable reserves130/1€35k€31k▼
Legal reserve130€35k€31k▼
Tax-exempt reserves132€14k€5k▼
Distributable reserves133€1.96M€1.82M▼
Profit (loss) carried forward14€20k€4k▼
Investment grants15€67k€57k▼
Provisions and deferred taxes16€30k€10k▼
Provisions for liabilities and charges160/5€30k€10k▼
Other liabilities and charges164/5€30k€10k▼
Amounts payable17/49€6.64M€3.49M▼
Amounts payable after more than one year17€1.57M€930k▼
Financial debts170/4€1.55M€930k▼
Credit institutions173€1.55M-
Other amounts payable178/9€20k€0▼
Amounts payable within one year42/48€4.92M€2.44M▼
Current portion of amounts payable after more than one year42€310k€310k=
Financial debts43€700k-
Credit institutions430/8€700k-
Trade debts44€1.85M€1.19M▼
Suppliers440/4€1.85M€1.19M▼
Advances received on contracts in progress46€50k€28k▼
Taxes, remuneration and social security45€235k€431k▲
Taxes450/3€34k€279k▲
Remuneration and social security454/9€201k€152k▼
Other amounts payable47/48€1.77M€480k▼
Accrued charges and deferred income492/3€148k€123k▼
Income statement
Code20232025
Operating income70/76A€27.47M-
Turnover70€25.46M-
Other operating income74€2.00M-
Operating charges60/66A€25.80M-
Goods for resale, raw materials and consumables60€22.77M-
Purchases600/8€25.51M-
Change in stocks: decrease (increase)609€-2.74M-
Services and other goods61€1.40M-
Remuneration, social security and pensions62€1.14M€1.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€413k€357k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€269▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€30k€0▼
Other operating charges640/8€47k€115k▲
Gross operating margin9900-€2.65M
Operating profit (loss)9901€1.66M€970k▼
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Income from current assets751€172-
Other financial income752/9€3k-
Financial charges65/66B€73k€151k▲
Recurring financial charges65€73k€151k▲
Debt charges650€49k-
Other financial charges652/9€24k-
Profit (loss) for the period before taxes9903€1.59M€824k▼
Income taxes67/77€98k€188k▲
Taxes670/3€104k-
Tax adjustments and reversals of tax provisions77€6k-
Profit (loss) for the period9904€1.50M€636k▼
Profit (loss) for the period to be appropriated9905€1.50M€636k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.52M€674k▼
Profit (loss) brought forward from the previous period14P€24k€38k▲
Transfer from equity791/2€149k€250k▲
From reserves792€149k-
Transfer to equity691/2€300k€440k▲
To other reserves6921€300k€440k▲
Profit to be distributed694/7€1.35M€480k▼
Return on contributions (dividend)694€149k€250k▲
Directors or managers695€1.20M€230k▼
Social balance
Average headcount (FTE)908718.017.9▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.50M ▲149%
Operating result €1.66M, net result €1.50M, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2MEq €2.30M ▲23.5%
5 profitable years in a row build equity to €2.30M.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €252k ▼27%
Net result drops to €252k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herve · 3 establishment units since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue du Parc 94650 HerveGround area
1.4 ha
Building footprint
1,132 m²
Volume, LiDAR
5,968 m³
3 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Rue Mitoyenne 353, 4840 Welkenraedt
since 19912.054.621.633
Rue de Mangombroux 375, 4800 Verviers
since 19992.054.621.732
REIFF
since 20212.323.061.413
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0969/00C000 | Wallonia | 8,112 m² | - | - |
| 63084A0021/00H000 | Wallonia | 3,510 m² | 1 · 874 m² | 5.5 m · 2 fl. |
| 63572C0119/00R000 | Wallonia | 2,409 m² | 1 · 258 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GMA-CARS
BE 0658.867.352
Genk · Eq €1,991,496
DE ROOVER EN ZONEN
BE 0426.203.350
Leuven · Eq €1,991,936
SERNEELS
BE 0442.543.001
Aarschot · Eq €1,991,992
GARAGE JEAN PIRENNE
BE 0425.286.008
Thimister-Clermont · Eq €1,987,502
SISOPHAG
BE 0874.691.164
Oostende · Eq €1,993,729
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.