RG+REA
Open bankruptcyA bankruptcy procedure is open for RG+REA according to publications in the Belgian State Gazette.
No longer registered with the KBO since 03-09-2026; last annual accounts for fiscal year 2024.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€75k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
123 d late
2022
489 d late
2021
129 d late
2020
40 d late
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-75k▼ 587%
2023 · €-11k
2018: €-33k
2019: €-28k
2020: €-27k
2021: €-18k
2022: €-9k
2023: €-11k
2018 → 2024
Total assets
€30k▼ 64.6%
2023 · €86k
2018: €110k
2019: €122k
2020: €94k
2021: €112k
2022: €99k
2023: €86k
2018 → 2024
Net result
€-64k▼ 3,227%
2023 · €-2k
2018: €8k
2019: €5k
2020: €546
2021: €6k
2022: €9k
2023: €-2k
2018 → 2024
Working capital
€-72k
2023 · €71k
2018: €55k
2019: €50k
2020: €55k
2021: €60k
2022: €74k
2023: €71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-27k-€-18k▲ 33.5%€-9k▲ 50.2%€-11k▼ 21.4%€-75k▼ 587%
Operating result€2k-€7k▲ 294%€9k▲ 28.1%€4k▼ 59.3%€-49k
Net result€546-€6k▲ 988%€9k▲ 53.5%€-2k€-64k▼ 3,227%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €49k after €4k in 2023, the lowest year so far.
Key figures and ratios
Solvency
-247.3%▼
2023 · -12.7%
Current ratio
0.30▼
2023 · 6.24
Quick ratio
0.25▼
2023 · 1.13
Debt / equity
-1.40▲
2023 · -8.85
ROE
85.4%▲
2023 · 17.6%
ROA
-211.3%▼
2023 · -2.2%
Debt
€106k▲
2023 · €97k
Debt ≤ 1 year
€103k▲
2023 · €14k
Income taxes
€12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€86k€30k▼
Fixed assets21/28€2k-
Intangible fixed assets21€794-
Financial fixed assets28€1k-
Current assets29/58€84k€30k▼
Stocks and contracts in progress3€69k€5k▼
Stocks30/36€69k€5k▼
Amounts receivable within one year40/41€13k€24k▲
Trade receivables40€3k€23k▲
Other amounts receivable41€11k€371▼
Cash at bank and in hand54/58€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€86k€30k▼
Equity10/15€-11k€-75k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-30k€-94k▼
Amounts payable17/49€97k€106k▲
Amounts payable after more than one year17€80k-
Financial debts170/4€80k-
Amounts payable within one year42/48€14k€103k▲
Current portion of amounts payable after more than one year42€58-
Financial debts43€5k€4k▼
Credit institutions430/8€5k€4k▼
Trade debts44€8k€17k▲
Suppliers440/4€8k€17k▲
Taxes, remuneration and social security45€780€13k▲
Taxes450/3€780€13k▲
Other amounts payable47/48-€68k
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€482-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€64k
Other operating charges640/8€546€1k▲
Non-recurring operating charges66A-€794
Gross operating margin9900€5k€17k▲
Operating profit (loss)9901€4k€-49k▼
Financial income75/76B€0€27▲
Recurring financial income75€0€27▲
Financial charges65/66B€6k€3k▼
Recurring financial charges65€4k€3k▼
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€-2k€-52k▼
Income taxes67/77-€12k
Profit (loss) for the period9904€-2k€-64k▼
Profit (loss) for the period to be appropriated9905€-2k€-64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-94k▼
Profit (loss) brought forward from the previous period14P€-28k€-30k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-09
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · RG+REA BV WOLF- HAAGWEG 16, 3450 GEETBETS · event 03-09-2026
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series.
01-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 123 days late
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 489 days late
2022
31-12
Financial
Highest result since 2018net €9k ▲53.5%
Net result €9k, the highest in the series.
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 129 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geetbets · 1 establishment unit since 2005
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.
Wolfhaagweg 163450 GeetbetsGround area
1,194 m²
Building footprint
159 m²
Volume, LiDAR
879 m³
Parcel 24028F0232/00Z003, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RG+REA
since 20052.148.416.970
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028F0232/00Z003 | Flanders | 1,194 m² | 1 · 159 m² | 9.8 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.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DE MAESENEER ENGELS PLEIN 35,
3000 LEUVEN |
03-09-2026 → present |
| Curator | SVEN DE MAESE-
NEER ENGELS PLEIN 35, 3000 LEUVEN- |
03-09-2026 → present |
| Curator | STEVEN NYSTEN ENGELS
PLEIN 35, 3000 LEUVEN |
03-09-2026 → present |
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 22,740 companies in sector 43211 we hold annual accounts for 10,275.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2005
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
42220Construction of utility projects for electricity and telecommunications
45215
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
47552Retail sale of lighting equipment
47592Retail trade
51150
52442
71340
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.