ACTIVE

Ref.lex

Financial year 2025 · Closed on 31/12/2025

Net result168,8 k €-46,9 %over 1 year
Gross margin235,9 k €-26,4 %over 1 year
Equity20,5 k €-96,1 %over 1 year

Identity

Source · BCE/KBO

Ref.lex is a Private limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Grimbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0723.851.513
Incorporation
01/04/2019
Legal form
Private limited company
Registered office
Cederlaan 13
1851 Grimbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin235,9 k €320,6 k €173,7 k €211,1 k €173 k €
EBITDA234,8 k €320 k €172,2 k €210,9 k €173 k €
Operating result232,9 k €317,6 k €170,1 k €209,2 k €172,2 k €
Net result168,8 k €317,9 k €141,7 k €148,6 k €115,4 k €
Balance sheet
Equity20,5 k €519,2 k €201,3 k €553,3 k €404,6 k €
Total assets663,1 k €534,8 k €771,8 k €582,4 k €475,2 k €
Cash54,4 k €274,6 k €184,9 k €108,3 k €85,7 k €
Debts642,6 k €15,6 k €570,4 k €29,2 k €70,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Astrid Rahn
Directorsince 03/06/2025
Johan Van de Velde
Directorsince 01/04/2019

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202615/07/202528/08/202431/07/202308/07/202226/07/2021
General meeting02/06/202603/06/202530/06/202430/06/202307/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202607/07/2026DutchPDF
Micro model31/12/202403/06/202515/07/2025DutchPDF
Micro model31/12/202330/06/202428/08/2024DutchPDF
Micro model31/12/202230/06/202331/07/2023DutchPDF
Micro model31/12/202107/06/202208/07/2022DutchPDF
Micro model31/12/202001/06/202126/07/2021DutchPDF
Micro model31/12/201902/06/202030/07/2020DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Astrid Rahn
Directorsince 03/06/2025
Johan Van de Velde
Directorsince 01/04/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other11/04/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings7 filings
Mandates
Astrid Rahn
Johan Van de Velde
20192020202120222023202420252026
Ref.lex
Cederlaan 13, 1851 Humbeek
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Cederlaan 13, 1851 HumbeekCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00261583

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Ref.lexCurrent
accounts 2019 → 2025
Accounts 2025 · 2026-00261583

Events

  1. 2025
    Annual accounts 2025168,8 k €↓
  2. 2024
    Annual accounts 2024317,9 k €↑
  3. 2023
    Annual accounts 2023141,7 k €↓
  4. 2022
    Annual accounts 2022148,6 k €↑
  5. 2021
    Annual accounts 2021115,4 k €↓
  6. 2020
    Annual accounts 2020153,6 k €↑
  7. 2019
    Annual accounts 201976,7 k €
  8. 01/04/2019
    IncorporationPrivate limited company