ACTIVE

Reiger III

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Financial year 2025 · closed on 31/12/2025

Net result

-13,4 k €

+18.0% YoY

Gross margin

-735,2 €

+86.8% YoY

Equity

-7,7 M €

-0.2% YoY

What does Reiger III do?

Reiger III is a Private limited company incorporated in 2006. Its main activity is: Development of building projects. Its registered office is in Maaseik.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0883.594.576

Incorporation

19/09/2006

Legal form

Private limited company

Registered office

Javanastraat 68
3680 Maaseik · FlandreSee on map

Contributed capital

18 900,00 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 41102Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate+10

Signals

Good liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-735,2 €	+86.8%	-5,6 k €	-163%	8,8 k €	+165%	-13,5 k €	-110%	138,3 k €	+459%	24,7 k €	-83.2%	147,5 k €	+41.2%	104,5 k €	+124%	-435,3 k €		–		–		–		-16,6 k €	-22.8%	-13,5 k €	-104%	-6,6 k €	-141%	16,3 k €	+590%	-3,3 k €	-29.4%	-2,6 k €	-14.2%	-2,3 k €
EBITDA	-4,9 k €	+49.0%	-9,6 k €	-122%	-4,3 k €	+98.0%	-212,8 k €	-260%	133,3 k €	+475%	23,2 k €	-84.1%	145,5 k €	+245%	-100 k €	+79.7%	-491,8 k €	+31.0%	-713,1 k €	-753%	109,2 k €	+104%	-2,4 M €	-4791%	-49,6 k €	-252%	-14,1 k €	-102%	-7 k €	-181%	8,6 k €	+234%	-6,4 k €	-15.7%	-5,6 k €	-51.0%	-3,7 k €
Operating result	-20,1 k €	+19.0%	-24,8 k €	-27.0%	-19,6 k €	+91.2%	-221,8 k €	-268%	132,4 k €	+471%	23,2 k €	-84.1%	145,5 k €	+245%	-100 k €	+79.7%	-491,8 k €	+53.7%	-1,1 M €	+53.9%	-2,3 M €	+4.9%	-2,4 M €	-4791%	-49,6 k €	-252%	-14,1 k €	-102%	-7 k €	-181%	8,6 k €	+234%	-6,4 k €	-15.7%	-5,6 k €	-22.3%	-4,6 k €
Net result	-13,4 k €	+18.0%	-16,4 k €	-39.4%	-11,7 k €	+94.6%	-218,5 k €	-249%	146,3 k €	+622%	20,3 k €	-85.7%	141,3 k €	+210%	-128 k €	+77.8%	-577,7 k €	+51.7%	-1,2 M €	+51.4%	-2,5 M €	+14.3%	-2,9 M €	-684%	-366,3 k €	-2239%	-15,7 k €	+4.7%	-16,4 k €	-537%	3,8 k €	+141%	-9,2 k €	+52.1%	-19,3 k €	+74.7%	-76,3 k €
Balance sheet
Equity	-7,7 M €	-0.2%	-7,7 M €	-0.2%	-7,6 M €	-0.2%	-7,6 M €	-2.9%	-7,4 M €	+1.9%	-7,6 M €	+0.3%	-7,6 M €	+1.8%	-7,7 M €	-1.7%	-7,6 M €	-8.2%	-7 M €	-20.6%	-5,8 M €	-73.4%	-3,4 M €	-598%	-480,4 k €	-321%	-114,2 k €	-15.9%	-98,5 k €	-20.0%	-82,1 k €	+4.4%	-85,8 k €	-12.0%	-76,6 k €	-33.6%	-57,4 k €
Total assets	6,5 M €	-0.2%	6,5 M €	+0.0%	6,5 M €	-0.2%	6,5 M €	-0.1%	6,5 M €	+1.4%	6,4 M €	-7.0%	6,9 M €	+2.0%	6,7 M €	-10.7%	7,6 M €	-6.9%	8,1 M €	-14.6%	9,5 M €	-22.4%	12,2 M €	-32.1%	18 M €	+36.0%	13,3 M €	+40.6%	9,4 M €	+33.5%	7,1 M €	+68.7%	4,2 M €	+3.2%	4,1 M €	+2.8%	3,9 M €
Cash	4 k €	+229%	1,2 k €	+159%	471 €	-96.6%	13,8 k €	-79.8%	68 k €	+303%	16,9 k €	+20601%	81,4 €	-98.3%	4,9 k €	-80.8%	25,3 k €	-33.9%	38,3 k €	+908%	3,8 k €	-83.3%	22,8 k €		–		414,5 k €	+632%	56,6 k €		–		–		4 k €	-33.8%	6 k €
Debts	14,1 M €	+0.0%	14,1 M €	+0.1%	14,1 M €	-0.0%	14,1 M €	+1.5%	13,9 M €	-0.4%	14 M €	-3.2%	14,4 M €	+1.2%	14,2 M €	-5.3%	15 M €	-0.2%	15,1 M €	-1.5%	15,3 M €	-1.8%	15,6 M €	-15.3%	18,4 M €	+38.7%	13,3 M €	+39.4%	9,5 M €	+33.3%	7,1 M €	+67.2%	4,3 M €	+3.6%	4,1 M €	+3.9%	4 M €

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

ALDENEIK

Director · since 12 août 2025 · 0460.641.023

Represented by Theodorus Henkelman

Active

Theodorus Henkelman

Director · since 08 septembre 2011 · until 12 août 2025

Active

Ended mandates

Theodorus Henkelman

Director · since 08 septembre 2011

Ended

Theodorus Henkelman

Manager · since 11 août 2011

Ended

BREMCO

Manager · since 26 juin 2007 · until 11 août 2011 · 0871.995.653

Represented by Peter Boonen

Ended

BREMCO

Administrator - manager · 0871.995.653

Represented by Peter Boonen

Ended

At this address

Other companies at this address

Company	CBE no.
ALDENEIK● Active	0460.641.023
EIMA● Active	0839.134.330
GROEP 3● Active	0890.377.252
Javana Invest● Active	0808.919.226
JAVANA TRADING● Active	0835.289.863
Mathe I● Active	0893.153.432
RUSHOUR● Active	0720.958.735
THEMA IMMO● Active	0863.246.550
WONINGBOUW MAASEIK● Liquidation	0811.045.902

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	28/08/2026	18/07/2025	19/07/2024	21/12/2023	31/08/2022	02/11/2021
General meeting	08/08/2026	30/06/2025	21/06/2024	03/10/2023	28/06/2022	25/10/2021
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	08/08/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	03/10/2023	21/12/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/10/2021	02/11/2021	Dutch	PDF
Abridged model	31/12/2019	13/11/2020	27/11/2020	Dutch	PDF
Abridged model	31/12/2018	20/12/2019	20/12/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	24/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Full model	31/12/2015	20/09/2016	29/09/2016	Dutch	PDF
Full modelCorrection	31/12/2014	25/01/2016	18/02/2016	Dutch	PDF
Full model	31/12/2014	13/08/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	31/10/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	29/11/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	22/10/2008	Dutch	PDF

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.

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 · 2 active · 6 ended

Active mandates

ALDENEIK

Director · since 12 août 2025 · 0460.641.023

Represented by Theodorus Henkelman

Active

Theodorus Henkelman

Director · since 08 septembre 2011 · until 12 août 2025

Active

Ended mandates

Theodorus Henkelman

Director · since 08 septembre 2011

Ended

Theodorus Henkelman

Manager · since 11 août 2011

Ended

BREMCO

Manager · since 26 juin 2007 · until 11 août 2011 · 0871.995.653

Represented by Peter Boonen

Ended

BREMCO

Administrator - manager · 0871.995.653

Represented by Peter Boonen

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/01/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/09/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other27/12/2007
BVBA: wijziging
PDF
Mandates26/07/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other27/09/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-13,4 k €↑
2024
Annual accounts 2024-16,4 k €↓
2023
Annual accounts 2023-11,7 k €↑
2022
Annual accounts 2022-218,5 k €↓
2021
Annual accounts 2021146,3 k €↑
2020
Annual accounts 202020,3 k €↓
2019
Annual accounts 2019141,3 k €↑
2018
Annual accounts 2018-128 k €↑
2017
Annual accounts 2017-577,7 k €↑
2016
Annual accounts 2016-1,2 M €↑
2015
Annual accounts 2015-2,5 M €↑
2014
Annual accounts 2014-2,9 M €↓
2013
Annual accounts 2013-366,3 k €↓
2012
Annual accounts 2012-15,7 k €↑
2011
Annual accounts 2011-16,4 k €↓
2010
Annual accounts 20103,8 k €↑
2009
Annual accounts 2009-9,2 k €↑
2008
Annual accounts 2008-19,3 k €↑
2007
Annual accounts 2007-76,3 k €
19/09/2006
IncorporationPrivate 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

Reiger III

Overview

What does Reiger III do?

Trend over 19 financial years

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