REC Consulting
ActiveREC Consulting has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €521k and a net result of €2k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days only on tighter terms
Liquidity ample (current ratio 5.66 against 7.88 in 2023; short-term debt: 17.6% and cash: 0% of total assets), and 17.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
82.4%
Return on assets
0.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
31 d late
2022
on the day
2021
3 d early
2020
23 d early
2019
122 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€0
Total assets
€632k▼ 2.1%
2023 · €646k
2018: €496k
2019: €686k
2020: €672k
2021: €614k
2022: €660k
2023: €646k
2018 → 2024
Net result
€2k
2023 · €-15k
2018: €5k
2019: €400k
2020: €19k
2021: €8k
2022: €7k
2023: €-15k
2018 → 2024
Working capital
€519k▼ 7.7%
2023 · €563k
2018: €-23k
2019: €619k
2020: €610k
2021: €591k
2022: €599k
2023: €563k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€0
Equity€616k-€593k▼ 3.7%€600k▲ 1.2%€564k▼ 6.0%€521k▼ 7.7%
Operating result€26k-€9k▼ 64.3%€45k▲ 383%€24k▼ 45.8%€21k▼ 12.5%
Net result€19k-€8k▼ 55.1%€7k▼ 18.0%€-15k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €632k
Fixed assets
€1k=
Current assets
€631k▼ 2.1%
Equity and liabilities €632k
Equity
€521k▼ 7.7%
Debt
€112k▲ 36.4%
The debt ratio rises from 12.7% to 17.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
82.4%▼
2023 · 87.3%
Current ratio
5.66▼
2023 · 7.88
Quick ratio
5.66▼
2023 · 7.88
Debt / equity
0.21▲
2023 · 0.15
ROE
0.3%▲
2023 · -2.7%
ROA
0.3%▲
2023 · -2.3%
Debt
€112k▲
2023 · €82k
Debt ≤ 1 year
€112k▲
2023 · €82k
Income taxes
€19k▼
2023 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€646k€632k▼
Fixed assets21/28€1k€1k=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Financial fixed assets28€1k€1k=
Current assets29/58€645k€631k▼
Amounts receivable after more than one year29€644k€631k▼
Other amounts receivable291€644k€631k▼
Amounts receivable within one year40/41€170€0▼
Trade receivables40€0€0=
Other amounts receivable41€170€0▼
Cash at bank and in hand54/58€94€7▼
Equity and liabilities
Total equity and liabilities10/49€646k€632k▼
Equity10/15€564k€521k▼
Contributions10/11€20k€20k=
Reserves13€537k€492k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€195k€100k▼
Distributable reserves133€340k€390k▲
Profit (loss) carried forward14€7k€9k▲
Amounts payable17/49€82k€112k▲
Amounts payable within one year42/48€82k€112k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€80k€64k▼
Taxes450/3€80k€64k▼
Other amounts payable47/48€0€45k▲
Income statement
Code20232024
Other operating charges640/8€486€386▼
Non-recurring operating charges66A€384€384=
Gross operating margin9900€25k€22k▼
Operating profit (loss)9901€24k€21k▼
Financial charges65/66B€1k€451▼
Recurring financial charges65€1k€451▼
Profit (loss) for the period before taxes9903€23k€21k▼
Transfer from deferred taxes780€0€0=
Income taxes67/77€38k€19k▼
Profit (loss) for the period9904€-15k€2k▲
Transfer from tax-exempt reserves789€140k€95k▼
Profit (loss) for the period to be appropriated9905€125k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€104k▼
Profit (loss) brought forward from the previous period14P€3k€7k▲
Transfer to equity691/2€100k€50k▼
To the legal reserve6920€100k€50k▼
Profit to be distributed694/7€21k€45k▲
Directors or managers695€21k€45k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-15k ▼316%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 28.92
Current ratio from 12.17 to 28.92; short-term debt falls from €55k to €21k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €400k ▲7784%
Operating result €420k, net result €400k, both a record.
31-12
Financial
Liquidity times 14current ratio 12.47
Current ratio from 0.91 to 12.47; short-term debt falls from €254k to €54k.
31-12
Financial
Equity above €500kEq €632k ▲173%
2 profitable years in a row build equity to €632k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dalhem · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Trois Rois(DAL) 54607 DalhemGround area
904 m²
Building footprint
253 m²
Parcel 62027B0143/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Trois Rois(DAL) 5, 4607 Dalhem
since 20042.315.248.656
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62027B0143/00F000 | Wallonia | 904 m² | 1 · 253 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AVP Accountants & Belastingconsulenten
BE 0832.592.174
Keerbergen · Eq €521k
LA FIDUCIAIRE BLONDIAU
BE 0401.814.580
Mons · Eq €521k
ACKMO ACCOUNTANTS & TAX ADVISERS
BE 0411.581.490
Antwerpen · Eq €521k
CRVB Accountancy
BE 0888.439.232
Lochristi · Eq €520k
CHN COMPTA
BE 0475.584.070
Chièvres · Eq €520k
Of 12,175 companies in sector 69201 we hold annual accounts for 7,638. 5,448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2004
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
74122
74124
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.