ACTIVE

RE Panels 2

Financial year 2025 · closed on 31/12/2025
Net result
7 M €
+105590.4% YoY
Gross margin
-10,5 k €
-54.9% YoY
Equity
67,8 M €
+0.6% YoY

What does RE Panels 2 do?

RE Panels 2 is a Public limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0732.776.996
Incorporation
22/08/2019
Legal form
Public limited company
Registered office
Avenue Arnaud Fraiteur 15 box 23
1050 Ixelles · BruxellesSee on map
Contributed capital
67 480 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin-10,5 k €-6,8 k €-5,2 k €-7,5 k €-5,3 k €-5,6 k €-3,6 k €
EBITDA-11,5 k €-7,8 k €-6,2 k €-8,4 k €-6,2 k €-5,9 k €-4 k €
Operating result-13,1 k €-9,3 k €-7,7 k €-9,9 k €-7,8 k €-7,5 k €-4,5 k €
Net result7 M €-6,6 k €-6,6 k €-10,7 k €-7,4 k €-7,5 k €-5,1 k €
Balance sheet
Equity67,8 M €67,4 M €67,4 M €67,4 M €67,5 M €67,5 M €67,5 M €
Total assets67,9 M €67,5 M €67,5 M €67,5 M €68 M €67,5 M €67,5 M €
Cash406,2 k €8 k €967,7 €8,3 k €30,7 k €57,1 k €62,2 k €
Debts77,8 k €77,7 k €76,8 k €76,8 k €514,4 k €65,9 k €64,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

Ricardo SOMMER

Administrateur · since 06 septembre 2024 · until 01 juin 2030

Active
Simon Matthis TABELLION

Administrateur · since 12 août 2023 · until 01 juin 2029

Active
Luc DE DEYGERE

Administrateur · since 09 mars 2022 · until 01 juin 2027

Active

Ended mandates

Mihir KOTECHA

Administrateur · since 09 mars 2022 · until 01 juin 2027

Ended
Ludger LAUFENBERG

Administrateur · since 31 août 2021 · until 01 juin 2027

Ended
S 3 I SA

Administrateur gérant · since 06 septembre 2019 · 0627.963.053

Represented by Luc DE DEYGERE

Ended
S 3 I SA

Administrator - manager · since 06 septembre 2019 · 0627.963.053

Represented by Luc DE DEYGERE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date29/08/202618/07/202505/07/202404/07/202313/07/202231/08/2021
General meeting10/07/202615/07/202521/06/202426/06/202330/06/202231/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/07/202629/08/2026FrenchPDF
Abridged model31/12/202415/07/202518/07/2025FrenchPDF
Abridged model31/12/202321/06/202405/07/2024FrenchPDF
Abridged model31/12/202226/06/202304/07/2023FrenchPDF
Abridged model31/12/202130/06/202213/07/2022FrenchPDF
Abridged model31/12/202031/08/202131/08/2021FrenchPDF
Micro model31/12/201910/09/202020/10/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 8 ended

Active mandates

Ricardo SOMMER

Administrateur · since 06 septembre 2024 · until 01 juin 2030

Active
Simon Matthis TABELLION

Administrateur · since 12 août 2023 · until 01 juin 2029

Active
Luc DE DEYGERE

Administrateur · since 09 mars 2022 · until 01 juin 2027

Active

Ended mandates

Mihir KOTECHA

Administrateur · since 09 mars 2022 · until 01 juin 2027

Ended
Ludger LAUFENBERG

Administrateur · since 31 août 2021 · until 01 juin 2027

Ended
S 3 I SA

Administrateur gérant · since 06 septembre 2019 · 0627.963.053

Represented by Luc DE DEYGERE

Ended
S 3 I SA

Administrator - manager · since 06 septembre 2019 · 0627.963.053

Represented by Luc DE DEYGERE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/07/2021
    SIEGE SOCIAL
    PDF
  • Mandates27/04/2020
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 20257 M €
  2. 2024
    Annual accounts 2024-6,6 k €
  3. 06/09/2024
    nominationRicardo Sommer — administrateur
  4. 2023
    Annual accounts 2023-6,6 k €
  5. 04/10/2023
    nominationSimon Matthis Tabellion — administrateur
  6. 07/04/2023
    nominationDELOITTE REVISEURS D'ENTREPRISES — commissaire
  7. 2022
    Annual accounts 2022-10,7 k €
  8. 09/03/2022
    nominationLuc De Deygere — administrateur
  9. 09/03/2022
    nominationKotecha Mihir — administrateur
  10. 2021
    Annual accounts 2021-7,4 k €
  11. 05/04/2021
    nominationDELOITTE REVISEURS D'ENTREPRISES — commissaire
  12. 2020
    Annual accounts 2020-7,5 k €
  13. 2019
    Annual accounts 2019-5,1 k €
  14. 22/08/2019
    IncorporationPublic limited company