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REVERCON

Active
Private limited companyfounded 200619 yrs activeSchoolstraat 47, 3665 As, BelgiumKBO/BCE: BE 0885.157.167
Summary

REVERCON has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180k and a net result of €70k. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+22
Solvency95▲+47
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 1.25 in 2023; short-term debt: 29.5% and cash: 64.6% of total assets), and 30.5% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
9 d early
2022
27 d early
2021
3 d early
2020
32 d early
2019
38 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€180k▲ 64.0%
2023 · €110k
2018: €-15k 2019: €-13k 2020: €60k 2021: €112k 2022: €94k 2023: €110k
2018 → 2024
Total assets
€260k▼ 45.1%
2023 · €473k
2018: €51k 2019: €426k 2020: €208k 2021: €216k 2022: €179k 2023: €473k
2018 → 2024
Net result
€70k▲ 101%
2023 · €35k
2018: €-20k 2019: €2k 2020: €75k 2021: €53k 2022: €-18k 2023: €35k
2018 → 2024
Working capital
€151k▲ 69.3%
2023 · €89k
2018: €-14k 2019: €-11k 2020: €33k 2021: €87k 2022: €71k 2023: €89k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€60k-€112k▲ 85.0%€94k▼ 16.1%€110k▲ 17.3%€180k▲ 64.0%
Operating result€96k-€75k▼ 21.6%€-15k€56k€105k▲ 88.4%
Net result€75k-€53k▼ 29.1%€-18k€35k€70k▲ 101%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2020: €96k€96kNet result 2020: €75k€75kOperating result 2021: €75k€75kNet result 2021: €53k€53kOperating result 2022: €-15k€-15kNet result 2022: €-18k€-18kOperating result 2023: €56k€56kNet result 2023: €35k€35kOperating result 2024: €105k€105kNet result 2024: €70k€70k20202021202220232024€-50k€0€50k€100kOperating result 2022: €-15k€-15kNet result 2022: €-18k€-18kOperating result 2023: €56k€56kNet result 2023: €35k€35kOperating result 2024: €105k€105kNet result 2024: €70k€70k202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 88% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €260k
Fixed assets €31k ▲ 8.6%
Current assets €228k ▼ 48.6%
Equity and liabilities €260k
Equity €180k ▲ 64.0%
Debt €79k ▼ 78.2%
Debt's share of the balance-sheet total falls from 76.7% to 30.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€131k
2023 · €75k
Cash flow
€96k
2023 · €54k
Current ratio
2.98
2023 · 1.25
Quick ratio
2.96
2023 · 1.24
Debt to equity
0.44
2023 · 3.30
ROE
39.0%
2023 · 31.8%
ROA
27.1%
2023 · 7.4%
Interest coverage
29.22
2023 · 14.16
Debt ≤ 1 year
€77k
2023 · €355k
Debt > 1 year
€0
2023 · €6k
Income taxes
€32k
2023 · €15k
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 · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€473k€260k
Fixed assets21/28€29k€31k
Tangible fixed assets22/27€29k€31k
Plant, machinery and equipment23-€19k
Furniture and vehicles24€25k€10k
Other tangible fixed assets26€4k€2k
Current assets29/58€444k€228k
Stocks and contracts in progress3€4k€965
Stocks30/36€4k€965
Amounts receivable within one year40/41€276k€55k
Trade receivables40€263k€41k
Other amounts receivable41€13k€14k
Cash at bank and in hand54/58€159k€168k
Deferred charges and accrued income490/1€6k€4k
Equity and liabilities
Total equity and liabilities10/49€473k€260k
Equity10/15€110k€180k
Contributions10/11€25k€25k=
Reserves13€85k€155k
Distributable reserves133€85k€155k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€363k€79k
Amounts payable after more than one year17€6k€0
Financial debts170/4€6k€0
Amounts payable within one year42/48€355k€77k
Current portion of amounts payable after more than one year42€14k€6k
Trade debts44€3k€12k
Suppliers440/4€3k€12k
Advances received on contracts in progress46€262k€0
Taxes, remuneration and social security45€33k€3k
Taxes450/3€33k€3k
Other amounts payable47/48€43k€56k
Accrued charges and deferred income492/3€3k€3k=
Income statement Code20232024
Non-recurring operating income76A€5k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€26k
Other operating charges640/8€2k€2k
Gross operating margin9900€77k€133k
Operating profit (loss)9901€56k€105k
Financial income75/76B€15€2k
Recurring financial income75€15€2k
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Profit (loss) for the period before taxes9903€50k€102k
Income taxes67/77€15k€32k
Profit (loss) for the period9904€35k€70k
Profit (loss) for the period to be appropriated9905€35k€70k
Appropriation of the result
Profit (loss) to be appropriated9906€35k€70k
Transfer from equity791/2€19k€0
Transfer to equity691/2€35k€70k
To other reserves6921€35k€70k
Profit to be distributed694/7€19k€0
Return on contributions (dividend)694€19k€0

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 2.98
Current ratio from 1.25 to 2.98; short-term debt falls from €355k to €77k.
31-12
Financial Equity above €150kEq €180k ▲64%
2 profitable years in a row build equity to €180k.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial Equity above €100kEq €110k ▲17.3%
Equity rises from €94k to €110k.
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €112k ▲85%
3 profitable years in a row build equity to €112k.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €75k ▲3184%
Net result €75k, the highest in the series.
23-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
04-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
03-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, As · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Schoolstraat 473665 As
Ground area
899 m²
Building footprint
200 m²
Volume, LiDAR
1,221 m³
Parcel 71043B0017/00T000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Revercon
Schoolstraat 47, 3665 AsNACE 2852002
since 20062.158.056.691
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71043B0017/00T000 Flanders 899 m² 1 · 200 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 4 entries · 28,825 EUR awarded · 3,825 EUR paid
Year Entries awardedpaid
2025 3 3,825 EUR3,825 EUR
2024 1 25,000 EUR0 EUR
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
3 entries · 25,000 EUR · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 3,825 EUR · 3,825 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,075 companies in sector 46140 we hold annual accounts for 644. 506 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 formPrivate limited company
Founded08-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
77399Renting and leasing of other machinery, equipment and tangible goods
82300Organisation of conventions and trade shows
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.