Skip to content

RECENCERE

Active
Private limited companyfounded 201610 yrs activeLindestraat 25, 8870 Izegem, BelgiumKBO/BCE: BE 0659.821.516
Summary

The computed 12-month bankruptcy probability of RECENCERE is 4.0% (elevated). For RECENCERE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7,585 and a net result of €42,200. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 10633 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
RECENCEREActive
Risk analysis ReportCompare

Overview

What they do
Other technical testing and analysis
NACE 71209
1 site
How big
€37,958total assets 2023
Equity
€7,585
Profit
€42,200
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
4.0%
2023 figures too old to score
Who decides
Accounts 701 d overdue0 of 2 deeds read
Signals- Figures for FY 2023 (filed 26-10-2023)- 2 financial years not filed after the legal deadline- Liquidity: current ratio 1.25, cash €254, halved- Two or more financial years not filed+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)Latest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency 45+45
equity 20.0% of total assets
Liquidity 7-43
short-term debt 80.0% · cash 0.7%
Profitability 100=
return on assets 111.2%
Bankruptcy probability, 12 months
4.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,633 companies)
  • Figures for FY 2023 (filed 26-10-2023) raises the probability
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • 2 financial years not filed after the legal deadline raises the probability
  • Liquidity: current ratio 1.25, cash €254, halved raises the probability
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2023 (filed 26-10-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 2 financial years not filed after the legal deadline
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 1.25, cash €254, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filings
Position against the passed deadline
31-03-2024 close31-10-2024 deadline02-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 19-10-2023, 12 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
12 d early
2022
3 d early
2021
5 d early
2020
6 d late
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Highest result since 2019net €42,200 ▲19.4%
  3. Liquidity times 8current ratio 1.25

Key points

  • Risk: Accounts not fileddeadline was 31-10-2024 701 d late View
  • Caution: Among the weakest 14% on equitysector median €66,147 · 10,641 companies €7,585 View
  • Active since 2016founded 20-07-2016 10 years View

By topic

Financials

Fiscal year
2023
Total assets
€37,958
Profit
€42,200
Solvency
20.0%
Total assets▲ 449%
Net result
20192023
Go to Financials

Timeline

Events
10
Since
2017
  1. 19-10-2023Annual accounts filed
  2. 31-03-2023Highest result since 2019
  3. 31-03-2023Liquidity times 8
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other technical testing and analysisNACE 71209
Founded
20-07-2016
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure