REC78
ActiveSummary
REC78 has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€507) and a net result of -€3,507. Its solvency ranks better than 14% of 7071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes
Profitability65
Solvency25
Growth-
Track record67
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2; short-term debt: 100.4% and cash: 3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.4%
Return on assets
-2.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
-€507
Total assets
€129,498
Net result
-€3,507
Working capital
-€104,163
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €129,498
Fixed assets
€103,656
Current assets
€25,842
Key figures and ratios
EBITDA
€10,551
Cash flow
€9,115
Solvency
-0.4%
Current ratio
0.20
ROA
-2.7%
Interest coverage
12.18
Debt
€130,005
Debt ≤ 1 year
€130,005
Income taxes
€570
Equity ratios withheld: equity of -€507 is too small for a meaningful ratio.
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,622 |
| Other operating charges640/8 | €643 |
| Gross operating margin9900 | €11,194 |
| Operating profit (loss)9901 | -€2,071 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €867 |
| Recurring financial charges65 | €867 |
| Profit (loss) for the period before taxes9903 | -€2,937 |
| Income taxes67/77 | €570 |
| Profit (loss) for the period9904 | -€3,507 |
| Profit (loss) for the period to be appropriated9905 | -€3,507 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €129,498 | |
| Fixed assets21/28 | €103,656 | |
| Intangible fixed assets21 | €99,000 | |
| Tangible fixed assets22/27 | €4,656 | |
| Plant, machinery and equipment23 | €4,656 | |
| Current assets29/58 | €25,842 | |
| Amounts receivable within one year40/41 | €20,690 | |
| Trade receivables40 | €20,690 | |
| Cash at bank and in hand54/58 | €3,923 | |
| Deferred charges and accrued income490/1 | €1,229 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €129,498 | |
| Equity10/15 | -€507 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | -€3,507 | |
| Amounts payable17/49 | €130,005 | |
| Amounts payable within one year42/48 | €130,005 | |
| Trade debts44 | €9,071 | |
| Suppliers440/4 | €9,071 | |
| Taxes, remuneration and social security45 | €9,952 | |
| Taxes450/3 | €9,202 | |
| Remuneration and social security454/9 | €750 | |
| Other amounts payable47/48 | €110,981 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€3,507 |
| + Depreciation and write-downs630 | €12,622 |
| Operating cash flow (approximation) | €9,115 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Awans · 1 establishment unit since 2025
Ground area
852 m²
Parcel 62053A0411/00X008, Wallonia. Linked by address, not a title deed.
1 establishment unit
REC78
since 20252.368.770.682
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0411/00X008 | Wallonia | 852 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
59114Motion picture, video and television programme production, sound recording and music publishing activities
59120Post-production of films, video and television programmes
60310News agency activities
74201Photography, excluding press photography
90201Performing arts by independent artists
Scores and ratios are computed by Checked and are not a credit decision.