Equity
€6.5m ▲ 12.0%
Recim2 has made a profit in every financial year since 2007.
Recim2
Lifetime
18 annual accounts with figures on one time axis, 35 filings since 1990peak €2.0m (2012)
€1.3m▲ 92.2%
peak €997,351 (2017)
€692,809▲ 119%
peak €6.5m (2025)
€6.5m▲ 12.0%
€798,548▼ 11.4%
peak 20.6 FTE (2012)
0 FTE
Board5 names since 2020
2 directorsChristiane Heylen and 1 other
Owners
100%VLINVESTA
Documentsfilings and deeds
24-07-20267 days before the deadline
2025financial year
Gross margin from €685,543 to €1.3mResult from €316,949 to €692,809Company renamed from DANNY BOONS to Recim2 23-041 statutory auditor appointed 08-01Cash from €209,543 to €295,143
Key points
from the 2025 annual accountsResult
€692,809 ▲ 119%
The result rose in 2025: 21-month financial year.
Securities
€9.8m
Mortgage mandates, new in 2025. 1.5 times equity · not in the 2024 accounts.
Liquidity
2.40 was 0.78 in 2024
Short-term debts rose from €275,128 to €464,583.
Filings
35 annual accounts since 1990
The last five annual accounts were filed 7 to 45 days before the end of the period.
At the same address
52 companies
Checked score
97
Excellent
Financially stronger than 79% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.4%▲ +0.1 percentage points vs 10-2025
12-2025: 0.6%▲ +0.2 percentage points vs 11-2025
01-2026: 1.1%▲ +0.5 percentage points vs 12-2025
02-2026: 1.2%▲ +0.1 percentage points vs 01-2026
03-2026: 1.4%▲ +0.2 percentage points vs 02-2026
04-2026: 2.3%▲ +0.9 percentage points vs 03-2026
05-2026: 2.3%● unchanged vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026highest value
07-2026: 2.1%▼ -0.2 percentage points vs 06-2026
08-2026: 0.1%▼ -2.0 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 2.40, cash €295,143
lowers risk
Size: total assets €7.3m
Founded in 1989
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 95% of them on solvency, 68% on liquidity and 73% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,579 companies had the same profile as Recim2 has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of Recim2 itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for Recim2. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.4 (0.78 in 2024), above the usual 1.5. Short-term debt is 6.3% and cash 4% of total assets. 11.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
45 days early
2023
40 days early
2022
42 days early
2021
33 days early
2020
22 days early
2019
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Board and ownership
FB
Finvision Bedrijfsrevisoren Hasselt BV
Auditor, Stijn Verhoeven
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0437914121
Company renamed from DANNY BOONS to Recim2
General meeting of 19-03-2025 · Gazette deed
1 statutory auditor appointed
Finvision Bedrijfsrevisoren Hasselt BV (statutory auditor) · Permanent representatives: Stijn Verhoeven and Johan Van Loo · General meeting of 05-12-2024 · Gazette deed
Registered office moved from Geel to Hulshout
New registered office: Corbeillestraat 40, 2235 Hulshout · Previous registered office: Velveken 26, 2440 Geel · Resignations: Danny Boons (managing director) and Monique Dresselaerts (director) · General meeting of 07-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Recim2 Hulshout | €7.3m | €1.3m | 88.4% | 0 |
| DE BIEKORF Schilde | €8.2m | €1.5m | 65.4% | 0 |
| JUVA Temse | €5.7m | €1.4m | 43.4% | 0 |
| Trinity Real Estate Investments Genk | €9.4m | €1.4m | 17.7% | 0 |
| ARGON Ghent | €7.9m | €1.0m | 51.5% | 0 |
| MARIEN INVESTMENT Balen | €9.3m | €1.0m | 57.4% | 0 |
| BEENCKENS Herentals | €5.4m | €1.0m | 81.1% | 0 |
These companies have the same main activity as Recim2: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €5.4m and €9.4m, founded between 1984 and 1995.
Official details
Source: KBO- Status
- Active since 02-08-1989Normal situation
- Registered office
- 53 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.044.564.8122235 Hulshout, since 28-08-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- ≈ €1.6mestimated
- €7.3m
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Recim2
Recim2 has existed since 1989. The gross margin fell from €1.5m in 2017 to €228,069 in 2019.
VLINVESTA holds all the shares. In October 2024, the Official Gazette published the appointment of Vlinvesta NV as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Recim2
- What is the company number of Recim2?
- The company number of Recim2 is 0437.914.121. The VAT number is the same number with BE in front: BE 0437.914.121.
- Where is Recim2 based?
- The registered office is at Corbeillestraat 40, 2235 Hulshout.Company details
- What does Recim2 do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Recim2?
- Recim2 is a public limited company (NV).
- When was Recim2 founded?
- Recim2 was founded on 02-08-1989.
- Is Recim2 still active?
- Yes, Recim2 is an active enterprise in the KBO register.
- What is the turnover of Recim2?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €1.3m and 32 comparable companies (NACE 68203). It probably lies between €1.3m and €1.9m.Financials
- Is Recim2 profitable?
- In financial year 2025, Recim2 made a profit of €692,809.
- Where can I find the annual accounts of Recim2?
- Recim2 filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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