Equity
Equity fell by 97% in 19 years.
Equity fell by 97% in 19 years.
The accounts state no turnover.
Of this, €60,582 falls due within a year.
Three of the last ten came late. The 2024 accounts came latest: 141 days after the end of the period.
New directors. Latest change 01-04-2026 · 3 in office.
Higher net result than 95% of companies in creative and performing arts. Sector median €12,613 · 648 companies.
The dashed line is the sector median: < 0.1% across 225 companies (NACE 90, small).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 90, small). It does better than 8% of them on solvency, 29% on liquidity, 94% on profitability and 94% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
In July 2024, 496 companies had the same profile as Domein Reckheim has now. Each dot is one company, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Domein Reckheim itself: 0.4% within 12 months.
The method was tested on the 497,446 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 496 companies, not a prediction for Domein Reckheim. 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.
Liquidity is insufficient, with a current ratio of 0.43 (0.38 in 2024), below 1. Short-term debt is 1.8% and cash 0% of total assets. 97.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Domein Reckheim Lanaken | €3.4m | €780,307 | 2.4% | 0 |
| Photonics Zottegem | €3.5m | €613,977 | 25.2% | 0 |
| STUDIO ENTERTAINMENT Schelle | €5.1m | €374,919 | 36.9% | 0.1 |
| WE'LL SUE YOU Ghent | €1.6m | €556,299 | 34.4% | 0.7 |
| TOURSUPPORT Ghent | €1.9m | €376,382 | 13.9% | 0.7 |
| AUDIOWORX Puurs-Sint-Amands | €3.2m | €988,017 | 62.2% | - |
| PLAY MORE MUSIC Beringen | €1.4m | €329,245 | 72.3% | - |
These companies have the same main activity as Domein Reckheim: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €1.4m and €5.1m, founded between 1994 and 2006.
Domein Reckheim files the abbreviated format. That format states no turnover. The gross margin rose from -€94,945 in 2006 to €780,307 in 2025.
In May 2026, the Official Gazette published the appointment of Antonius Jans 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.
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