RECAD

Active

Public limited companyfounded 2014active for 12 yearsGolden Hopestraat 17, 1620 Drogenbos, BelgiumKBO/BCE: BE 0550.467.080

Summary

RECAD has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €642,949 and a net result of €20,046. Equity is shrinking by about 3.6% per year across the filed financial years. Its solvency ranks better than 82% of 544 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

RECADActiveChecked score 94/100

Risk analysis Report Compare

Activity

General cleaning of buildings

NACE 81210Plumbing work NACE 43221

2nd largest company by total assets in Drogenbos, Administrative and support services sector1 site

Size

€856,322total assets 2025

Staff: 2 FTE
Equity: €642,949
Profit: €20,046

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: RECON INTERNATIONAL · 100%

RENT & INVESTDirector
VICONCODirector

Accounts 36 days early1 of 9 deeds read

Why 94raises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskFigures for financial year 2025 (filed 25-06-2026)Equity €642,949 (75.1% of total assets)Founded in 2014Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 57% of its sector peers (NACE 81, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 75.1% of total assets

Liquidity 56-11

short-term debt 24.9% · cash 12.1%

Profitability 72-3

return on assets 2.3%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,696 companies, NACE 81, micro)

Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.33, compared with 5.6 in 2024, above the usual 1.5; short-term debt: 24.9% and cash: 12.1% of total assets), and 24.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 81, micro): better than 92% on solvency, 57% on liquidity, 40% on profitability and 41% on growth.

The bankruptcy probability was computed on 23-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Services to buildings and landscape activities (NACE 81)

KBO

Figures for financial year 2025 (filed 25-06-2026)

NBB · annual accounts

Equity €642,949 (75.1% of total assets)

NBB · annual accounts

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

36 days early

2024

23 days early

2023

28 days early

2022

102 days early

2021

101 days early

2020

37 days early

2019

66 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 filed years within 65 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

25-06-2026 Annual accounts filedfinancial year 2025 · full…
08-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…
03-07-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Positive: 2nd largest company by total assets in Drogenbos, Administrative and support services…in the Checked rankings No. 2 View
Positive: 8 profitable years in a rowprofit 2025: €20,046 8 years View
Controlled by RECON INTERNATIONAL 100% View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year: 2025
Total assets: €856,322
Profit: €20,046
Solvency: 75.1%

Total assets▲ 27.7%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: RECON INTERNATIONAL · 100%

RENT & INVESTDirector
VICONCODirector

Go to Board & ownership

Network & group

Connected companies: 5

Go to Network & group

Timeline

Events: 17
Since: 2015
Next accounts: by 31-07-2027

03-01-2024Reappointments: RENT & INVEST (director) and VICONCO…
31-12-2023Liquidity more than doubled
20-04-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: General cleaning of buildingsNACE 81210
Founded: 21-03-2014
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Purpose: “Reinigen van electronica,electriciteit en mechanica na brand-,water- of andere schade;het…” (deed in Dutch)

Go to Articles of association

Key facts about RECAD

What is the company number of RECAD?: 0550.467.080. In Belgium the VAT number is the company number with BE in front: BE 0550.467.080.
Where is RECAD based?: The registered office is at Golden Hopestraat 17, 1620 Drogenbos.Company details
What does RECAD do?: According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of RECAD?: Public limited company (NV).
When was RECAD founded?: On 21-03-2014.
Is RECAD still active?: Yes, RECAD is an active enterprise in the KBO register.
How many employees does RECAD have?: On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RECAD?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is RECAD profitable?: In financial year 2025, RECAD made a profit of €20,046.
Where can I find the annual accounts of RECAD?: RECAD filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RECAD due?: By 31-07-2027, for financial year 2026.Timeline