ACTIVE

REIC

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Financial year 2025 · closed on 31/12/2025

Net result

-1,4 k €

-101.7% YoY

Gross margin

265,3 k €

+1.1% YoY

Equity

9,4 M €

-0.0% YoY

Workforce

1,0 ETP

0.0% YoY

What does REIC do?

REIC is a Public limited company incorporated in 1968. Its registered office is in Wielsbeke. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.196.309

Incorporation

04/10/1968

Legal form

Public limited company

Registered office

Lindestraat 4
8710 Wielsbeke · FlandreSee on map

Contributed capital

4 200 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	265,3 k €	+1.1%	262,4 k €	-38.3%	425,4 k €	-81.8%	2,3 M €	+3030%	-79,9 k €	-242%	56,2 k €	-83.0%	330,7 k €	-2.6%	339,6 k €	-4.2%	354,4 k €	-70.1%	1,2 M €	+177%	427 k €	-5.0%	449,5 k €	-23.5%	587,7 k €	-83.9%	3,7 M €	+151%	1,5 M €	+171%	537,5 k €	+13.8%	472,3 k €	+24.5%	379,2 k €	+10.6%	342,8 k €	+5.0%	326,6 k €
EBITDA	171,7 k €	-2.5%	176,2 k €	-48.1%	339,7 k €	-85.0%	2,3 M €	+1452%	-166,9 k €	-476%	-29 k €	-112%	239,6 k €	-0.9%	241,7 k €	-5.7%	256,3 k €	-76.8%	1,1 M €	+234%	330,7 k €	-8.9%	363 k €	-24.9%	483,3 k €	-86.4%	3,6 M €	+158%	1,4 M €	+198%	463,4 k €	+7.2%	432,4 k €	+23.3%	350,6 k €	+14.4%	306,4 k €	+4.8%	292,3 k €
Operating result	-17,9 k €	-124%	75,5 k €	-70.7%	257,5 k €	-88.1%	2,2 M €	+929%	-261,5 k €	-8.4%	-241,3 k €	-253%	158 k €	-0.5%	158,7 k €	-7.7%	172 k €	-82.8%	1 M €	+445%	183,7 k €	-13.8%	213,2 k €	-36.0%	332,9 k €	-90.2%	3,4 M €	+185%	1,2 M €	+315%	287,3 k €	+13.0%	254,3 k €	+56.9%	162,1 k €	+119%	73,8 k €	+197%	24,8 k €
Net result	-1,4 k €	-102%	83 k €	-66.5%	247,8 k €	-84.7%	1,6 M €	+159%	622,9 k €	+3145%	19,2 k €	-98.7%	1,5 M €	+1253%	112,3 k €	-17.2%	135,6 k €	-80.6%	700,3 k €	+245%	203 k €	-15.3%	239,7 k €	-31.5%	350,2 k €	-85.2%	2,4 M €	+110%	1,1 M €	+291%	287,1 k €	+2.6%	279,9 k €	+63.6%	171,1 k €	+61.1%	106,2 k €	+286%	27,5 k €
Balance sheet
Equity	9,4 M €	-0.0%	9,4 M €	-2.8%	9,6 M €	-1.6%	9,8 M €	-3.8%	10,2 M €	-0.3%	10,2 M €	+0.2%	10,2 M €	+17.5%	8,7 M €	-18.1%	10,6 M €	+1.3%	10,5 M €	+7.2%	9,8 M €	+2.1%	9,5 M €	+31.1%	7,3 M €	-20.7%	9,2 M €	+4.1%	8,8 M €	+14.6%	7,7 M €	+3.9%	7,4 M €	+3.9%	7,1 M €	+2.5%	7 M €	+1.6%	6,9 M €
Total assets	10,1 M €	-4.7%	10,6 M €	-7.6%	11,5 M €	-10.3%	12,8 M €	+5.2%	12,2 M €	+3.5%	11,8 M €	+4.1%	11,3 M €	+22.9%	9,2 M €	-24.7%	12,2 M €	+0.5%	12,2 M €	+8.6%	11,2 M €	+1.5%	11 M €	+1.8%	10,8 M €	+1.5%	10,7 M €	+14.6%	9,3 M €	+13.2%	8,2 M €	+2.9%	8 M €	+2.9%	7,8 M €	+0.8%	7,7 M €	+0.3%	7,7 M €
Cash	93,1 k €	+17.5%	79,2 k €	-83.6%	483,9 k €	-91.0%	5,4 M €	+106%	2,6 M €	-5.8%	2,8 M €	-54.6%	6,1 M €	+46.5%	4,2 M €	+14.2%	3,6 M €	+3.0%	3,5 M €	+22.8%	2,9 M €	+4211%	66,6 k €	+8.6%	61,3 k €	+795%	6,9 k €	+149%	2,8 k €	-82.3%	15,5 k €	-0.4%	15,6 k €	-97.2%	551,3 k €	+48.4%	371,5 k €	-23.5%	485,5 k €
Debts	97,7 k €	-82.4%	553,8 k €	-44.1%	991,1 k €	-53.8%	2,1 M €	+98.6%	1,1 M €	+64.9%	655,1 k €	+226%	200,9 k €	+7.2%	187,4 k €	-85.6%	1,3 M €	-0.8%	1,3 M €	+401%	261,2 k €	-11.4%	294,9 k €	-87.5%	2,4 M €	+578%	346,9 k €	-14.7%	406,9 k €	-4.2%	424,6 k €	-15.2%	500,8 k €	-3.7%	520 k €	-17.2%	628,3 k €	-6.8%	674,1 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+42.9%	0,7 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 27 ended

Active mandates

Caroline De Clerck

Director · since 02 mai 2019 · until 02 mai 2027

Active

Nicolas Vandekerckhove

Director · since 02 mai 2019 · until 02 mai 2027

Active

Thimothy Vuylsteke

Director · since 02 mai 2019 · until 02 mai 2027

Active

Thomas Avet

Director · since 02 mai 2019 · until 02 mai 2027

Active

Francis De Clerck

Managing director · since 02 mai 2014 · until 02 mai 2027

Active

Hans Bourdeaud'huy

Director · since 02 mai 2011 · until 02 mai 2027

Active

Ended mandates

Caroline De Clerck

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Nicolas Vandekerckhove

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Thimothy Vuylsteke

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Thomas Avet

Director · since 02 mai 2019 · until 02 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
IDEAL GROUP● Active	0463.737.796
LINDEPARK● Active	0479.297.586
REYNAERTBEEK● Active	0463.737.994
Stichting Administratiekantoor ANCABASI● Active	1017.569.194

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/06/2026	16/05/2025	17/05/2024	30/05/2023	03/06/2022	14/06/2021
General meeting	04/05/2026	05/05/2025	02/05/2024	02/05/2023	02/05/2022	03/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	02/06/2026	Dutch	PDF
Abridged model	31/12/2024	05/05/2025	16/05/2025	Dutch	PDF
Abridged model	31/12/2023	02/05/2024	17/05/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	02/05/2022	03/06/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/05/2018	30/05/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	07/06/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	03/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	29/05/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	02/05/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	05/08/2009	Dutch	PDF
Abridged model	31/12/2007	01/05/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	10/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 27 ended

Active mandates

Caroline De Clerck

Director · since 02 mai 2019 · until 02 mai 2027

Active

Nicolas Vandekerckhove

Director · since 02 mai 2019 · until 02 mai 2027

Active

Thimothy Vuylsteke

Director · since 02 mai 2019 · until 02 mai 2027

Active

Thomas Avet

Director · since 02 mai 2019 · until 02 mai 2027

Active

Francis De Clerck

Managing director · since 02 mai 2014 · until 02 mai 2027

Active

Hans Bourdeaud'huy

Director · since 02 mai 2011 · until 02 mai 2027

Active

Ended mandates

Caroline De Clerck

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Nicolas Vandekerckhove

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Thimothy Vuylsteke

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Thomas Avet

Director · since 02 mai 2019 · until 02 mai 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other16/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL
PDF
Mandates30/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/05/2018
KAPITAAL - AANDELEN
PDF
Mandates03/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/05/2012
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-1,4 k €↓
2024
Annual accounts 202483 k €↓
2023
Annual accounts 2023247,8 k €↓
2022
Annual accounts 20221,6 M €↑
2021
Annual accounts 2021622,9 k €↑
2020
Annual accounts 202019,2 k €↓
2019
Annual accounts 20191,5 M €↑
2018
Annual accounts 2018112,3 k €↓
2017
Annual accounts 2017135,6 k €↓
2016
Annual accounts 2016700,3 k €↑
2015
Annual accounts 2015203 k €↓
2014
Annual accounts 2014239,7 k €↓
2013
Annual accounts 2013350,2 k €↓
2012
Annual accounts 20122,4 M €↑
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010287,1 k €↑
2009
Annual accounts 2009279,9 k €↑
2008
Annual accounts 2008171,1 k €↑
2007
Annual accounts 2007106,2 k €↑
2006
Annual accounts 200627,5 k €
04/10/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

REIC

Overview

What does REIC do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline