REFLECTION ART
0459.310.044 · rovalta.com · 21/09/2026
ACTIVE
REFLECTION ART
Financial year 2025 · closed on 31/12/2025
Net result
-19,3 k €
+58.5% YoY
Gross margin
-11,4 k €
+77.3% YoY
Equity
-11,2 k €
-224.6% YoY
Overview
What does REFLECTION ART do?
REFLECTION ART is a Private limited company incorporated in 1996. Its main activity is: Warehousing and support activities for transportation. Its registered office is in Koksijde.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0459.310.044
Incorporation
04/12/1996
Legal form
Private limited company
Registered office
Estherstraat(Kok) 3
8670 Koksijde · FlandreSee on map
8670 Koksijde · FlandreSee on map
Contributed capital
6 197,33 €
Latest accounts
31/12/2025
Activities (NACE)
Available with a Rovalta subscriptionTry for 7 days
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 | -11,4 k € | +77.3% | -50,3 k € | +17.5% | -61 k € | -199% | 61,3 k € | +2.3% | 59,9 k € | +321% | 14,2 k € | -43.1% | 25 k € | +1196% | 1,9 k € | +132% | -6 k € | +73.8% | -22,9 k € | -613% | 4,5 k € | -58.4% | 10,8 k € | +281% | -5,9 k € | -1867% | 336,3 € | -99.0% | 32,7 k € | +92.2% | 17 k € | +135% | 7,2 k € | -35.2% | 11,2 k € | -78.4% | 51,8 k € | +84.4% | 28,1 k € |
| EBITDA | -12,8 k € | +75.0% | -51,4 k € | +17.4% | -62,3 k € | -204% | 60,1 k € | +2.0% | 58,9 k € | +331% | 13,7 k € | -44.1% | 24,5 k € | +1317% | 1,7 k € | +124% | -7,3 k € | +69.4% | -23,9 k € | -783% | 3,5 k € | -62.4% | 9,3 k € | +221% | -7,7 k € | -721% | -937,6 € | -103% | 30,9 k € | +94.8% | 15,9 k € | +270% | 4,3 k € | -52.7% | 9,1 k € | -82.2% | 50,7 k € | +94.0% | 26,1 k € |
| Operating result | -16,8 k € | +68.0% | -52,6 k € | +17.6% | -63,7 k € | -210% | 58 k € | +0.8% | 57,6 k € | +361% | 12,5 k € | -45.9% | 23,1 k € | +3456% | 649,2 € | +109% | -7,6 k € | +77.4% | -33,7 k € | -391% | -6,9 k € | -477% | -1,2 k € | +93.6% | -18,5 k € | -19.2% | -15,5 k € | -194% | 16,5 k € | +11334% | -146,8 € | +98.7% | -11,3 k € | -69.0% | -6,7 k € | -118% | 37,2 k € | +157% | 14,4 k € |
| Net result | -19,3 k € | +58.5% | -46,5 k € | +28.7% | -65,3 k € | -274% | 37,5 k € | -6.4% | 40,1 k € | +257% | 11,2 k € | -51.2% | 23 k € | +4185% | 536,2 € | +1247% | -46,8 € | +99.9% | -33,9 k € | -344% | -7,6 k € | -356% | -1,7 k € | +11.7% | -1,9 k € | +88.4% | -16,3 k € | -218% | 13,8 k € | +1253% | -1,2 k € | +90.5% | -12,6 k € | +14.5% | -14,7 k € | -155% | 26,5 k € | +228% | 8,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -11,2 k € | -225% | 9 k € | -84.1% | 56,4 k € | -54.0% | 122,4 k € | +42.8% | 85,7 k € | +84.5% | 46,5 k € | +31.8% | 35,3 k € | +187% | 12,3 k € | +4.6% | 11,8 k € | -0.4% | 11,8 k € | -74.2% | 45,7 k € | -14.3% | 53,4 k € | -3.0% | 55,1 k € | -3.3% | 57 k € | -22.3% | 73,3 k € | +23.2% | 59,5 k € | -2.0% | 60,7 k € | -17.1% | 73,2 k € | -16.7% | 87,9 k € | +43.1% | 61,4 k € |
| Total assets | 24 k € | +87.3% | 12,8 k € | -79.5% | 62,4 k € | -53.1% | 133 k € | +29.8% | 102,4 k € | +103% | 50,6 k € | +37.2% | 36,9 k € | +139% | 15,4 k € | -17.3% | 18,7 k € | +8.5% | 17,2 k € | -65.2% | 49,4 k € | -13.4% | 57,1 k € | -11.5% | 64,5 k € | +0.2% | 64,4 k € | -22.4% | 83 k € | +10.9% | 74,9 k € | -10.8% | 84 k € | -16.6% | 100,6 k € | -12.5% | 115 k € | +44.5% | 79,6 k € |
| Cash | 2 k € | -77.4% | 9 k € | -81.1% | 47,5 k € | -54.3% | 104,1 k € | +36.6% | 76,2 k € | +99.0% | 38,3 k € | +44.2% | 26,6 k € | +156% | 10,4 k € | -27.1% | 14,2 k € | +648% | 1,9 k € | -92.3% | 24,8 k € | +18.2% | 21 k € | +73.8% | 12,1 k € | -74.7% | 47,6 k € | -9.5% | 52,6 k € | +52.5% | 34,5 k € | +9.4% | 31,6 k € | +57.9% | 20 k € | -61.6% | 52,1 k € | +130% | 22,6 k € |
| Debts | 35,1 k € | +1298% | 2,5 k € | +70.2% | 1,5 k € | -69.5% | 4,8 k € | -68.9% | 15,6 k € | +336% | 3,6 k € | +358% | 779,5 € | -70.8% | 2,7 k € | -32.1% | 3,9 k € | +1.7% | 3,9 k € | +199% | 1,3 k € | -56.3% | 3 k € | -67.3% | 9 k € | +27.7% | 7,1 k € | -24.9% | 9,4 k € | -35.9% | 14,7 k € | -31.6% | 21,5 k € | -19.6% | 26,8 k € | +0.1% | 26,7 k € | +47.3% | 18,1 k € |
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Kristiaan Mahieu
ActiveEnded mandates
Kristiaan Mahieu
EndedKristiaan MAHIEU
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 31/08/2026 | 25/07/2025 | 26/08/2024 | 28/08/2023 | 28/06/2022 | 26/08/2021 |
| General meeting | 15/05/2026 | 30/06/2025 | 30/06/2024 | 13/08/2023 | 08/06/2022 | 18/08/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/05/2026 | 31/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/06/2025 | 25/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 30/06/2024 | 26/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 13/08/2023 | 28/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 08/06/2022 | 28/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 18/08/2021 | 26/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 29/08/2020 | 31/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 15/05/2019 | 14/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 07/08/2018 | 27/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 31/08/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 13/06/2016 | 16/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/08/2015 | 21/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 29/09/2014 | 29/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/05/2013 | 29/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/05/2012 | 01/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 15/05/2011 | 28/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/05/2010 | 30/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/05/2009 | 31/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 15/05/2008 | 08/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/05/2007 | 28/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Kristiaan Mahieu
ActiveEnded mandates
Kristiaan Mahieu
EndedKristiaan MAHIEU
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-19,3 k €↑
- 2024Annual accounts 2024-46,5 k €↑
- 2023Annual accounts 2023-65,3 k €↓
- 2022Annual accounts 202237,5 k €↓
- 2021Annual accounts 202140,1 k €↑
- 2020Annual accounts 202011,2 k €↓
- 2019Annual accounts 201923 k €↑
- 2018Annual accounts 2018536,2 €↑
- 2017Annual accounts 2017-46,8 €↑
- 2016Annual accounts 2016-33,9 k €↓
- 2015Annual accounts 2015-7,6 k €↓
- 2014Annual accounts 2014-1,7 k €↑
- 2013Annual accounts 2013-1,9 k €↑
- 2012Annual accounts 2012-16,3 k €↓
- 2011Annual accounts 201113,8 k €↑
- 2010Annual accounts 2010-1,2 k €↑
- 2009Annual accounts 2009-12,6 k €↑
- 2008Annual accounts 2008-14,7 k €↓
- 2007Annual accounts 200726,5 k €↑
- 2006Annual accounts 20068,1 k €
- 04/12/1996IncorporationPrivate limited company