Equity
€922,250 ▲ 25.7%
RECAR has made a profit without a break since 2022.
RECAR
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1996peak €1.1m (2025)
€1.0m▼ 5.2%
lowest -€22,751 (2014)
€188,802▲ 74.0%
peak €922,250 (2026)
€922,250▲ 25.7%
€2.0m▼ 4.2%
peak 12.2 FTE (2025)
9.3 FTE▼ 23.8%
Board4 names since 2017
1 director
Owners
Documentsfilings and deeds
13-10-202618 days before the deadline
2026abbreviated format
Result from €108,517 to €188,802Staff from 12.2 FTE to 9.3 FTEEquity from €733,449 to €922,250Investments €368,866Cash from €47,876 to €100,391
Key points
from the 2026 annual accountsResult
€188,802 ▲ 74.0%
The result rose in 2026 from €108,517 to €188,802.
Turnover
≈ €1.8m estimated
The abbreviated format states no turnover.
Investments
€368,866 2.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 12.7% higher than in 2025.
Staff
9 employees on 31-03-2026
In 2026, 4 people joined and 8 left.
Filings
31 annual accounts since 1996
The 2019 accounts came 40 days late. The other nine of the last ten were filed on time.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as RECAR has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for RECAR. 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
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Signals
Board and ownership
Director, , since 26-03-2019
- 22.93%score equity €391,950 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454861110
Company renamed from CARROSSERIE to RECAR
Change of role: , from manager to director · Permanent representative: · General meeting of 29-11-2023 · Gazette deed
Registered office moved from Zedelgem to Aartrijke
New registered office: Zangersbos 14-8211 Aartrijke · Previous registered office: Schatting 4-8210 Zedelgem · Resignations: (manager) and (manager) · General meeting of 26-03-2019 · Gazette deed
Appointment: (manager)
Permanent representative: · General meeting of 01-11-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RECAR Zedelgem | €3.0m | €1.0m | 30.6% | 9.3 |
| LOO-MAT BODY COMMERCIAL VEHICLE Tienen | €3.6m | €0.9m | -2.4% | 8 |
| DIELEMAN Waasmunster | €2.5m | €0.8m | 33.7% | 8.4 |
| Carrosserie Juma Leuven Herent | €2.5m | €0.9m | 86.7% | 8.8 |
| DIRIX DAMAGE FACILITIES Sint-Truiden | €2.2m | €1.2m | 38.2% | 9.7 |
| RX COUNOTTE Pepinster | €2.2m | €1.0m | 86.8% | 10 |
| MARKANT Antwerp | €3.7m | €1.2m | 21.9% | 9.8 |
These companies have the same main activity as RECAR: bodywork repair (including spraying and painting) (NACE 95314). They are comparable in size and age: total assets between €2.2m and €3.7m, founded between 1983 and 1996.
Official details
Source: KBO- Status
- Active since 24-03-1995Normal situation
- Activity
- Bodywork repair (including spraying and painting)NACE 95314and 3 others
- Joint committee
- 149.02Coachwork · annual accounts 31-03-2026
- Establishment unit
- 2.072.804.7778211 Zedelgem, since 25-08-1995
- Financial year end
- 31 March
- Peppol
- Reachable since 02-02-2026
Annual accounts to 31-03-2026
- €3.0m▲ 3.2%
- Employeeson 31-03-2026
- 9▼ 30.8%
- Filing
- Filed on 13-10-2026, 18 days before the end of the filing period
Insights on RECAR
RECAR files the abbreviated format. That format states no turnover. The gross margin rose from €163,813 in 2007 to €1.0m in 2026.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
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 RECAR
- What is the company number of RECAR?
- The company number of RECAR is 0454.861.110. The VAT number is the same number with BE in front: BE 0454.861.110.
- Where is RECAR based?
- The registered office is at Zangersbos 14, 8211 Zedelgem.Company details
- What does RECAR do?
- According to the KBO register, the main activity is bodywork repair (including spraying and painting) (NACE 95314).
- What is the legal form of RECAR?
- RECAR is a private limited company (BV).
- When was RECAR founded?
- RECAR was founded on 24-03-1995.
- Is RECAR still active?
- Yes, RECAR is an active enterprise in the KBO register.
- How many employees does RECAR have?
- RECAR had an average of 9.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does RECAR fall under?
- In its 31-03-2026 annual accounts, RECAR states joint committee 149.02 (Coachwork).
- What is the turnover of RECAR?
- The turnover in financial year 2026 is ≈ €1.8m. This figure is estimated from the gross margin of €1.0m and 1,566 comparable companies of the same size. It probably lies between €1.2m and €2.9m. It is a rough estimate.
- Is RECAR profitable?
- In financial year 2026, RECAR made a profit of €188,802.
- Where can I find the annual accounts of RECAR?
- RECAR filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of RECAR due?
- RECAR must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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