Recko
ActiveRecko has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €548k and a net result of €161k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-7
Solvency45▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.59 in 2024; short-term debt: 47.3% and cash: 7.1% of total assets), and 79.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.4%
Return on assets
6%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7692 sector peers (2025).
NBB · sector comparisonPosition among 7692 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
61 d late
2023
27 d late
2022
50 d late
2021
30 d late
2020
94 d late
2019
104 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€548k▲ 28.3%
2024 · €427k
2018: €105k
2019: €82k
2020: €131k
2021: €126k
2022: €133k
2023: €262k
2024: €427k
2018 → 2025
Total assets
€2.69M▲ 81.6%
2024 · €1.48M
2018: €499k
2019: €646k
2020: €727k
2021: €717k
2022: €870k
2023: €948k
2024: €1.48M
2018 → 2025
Net result
€161k▼ 2.4%
2024 · €165k
2018: €-2k
2019: €-23k
2020: €49k
2021: €-5k
2022: €7k
2023: €129k
2024: €165k
2018 → 2025
Working capital
€62k▼ 72.0%
2024 · €219k
2018: €64k
2019: €42k
2020: €77k
2021: €56k
2022: €150k
2023: €150k
2024: €219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€133k▲ 5.5%€262k▲ 96.7%€427k▲ 63.0%€548k▲ 28.3%
Operating result€6k-€27k▲ 365%€181k▲ 561%€283k▲ 56.3%€291k▲ 2.9%
Net result€-5k-€7k€129k▲ 1,741%€165k▲ 28.2%€161k▼ 2.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.69M
Fixed assets
€1.36M▲ 52.6%
Current assets
€1.33M▲ 125%
Equity and liabilities €2.69M
Equity
€548k▲ 28.3%
Debt
€2.14M▲ 103%
The debt ratio rises from 71.1% to 79.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€381k▲
2024 · €339k
Cash flow
€251k▲
2024 · €221k
Solvency
20.4%▼
2024 · 28.9%
Current ratio
1.05▼
2024 · 1.59
Quick ratio
0.76▼
2024 · 1.17
Debt / equity
3.90▲
2024 · 2.46
ROE
29.4%▼
2024 · 38.7%
ROA
6.0%▼
2024 · 11.2%
Interest coverage
6.82▼
2024 · 7.15
Debt
€2.14M▲
2024 · €1.05M
Debt ≤ 1 year
€1.27M▲
2024 · €372k
Debt > 1 year
€869k▲
2024 · €681k
Income taxes
€81k▲
2024 · €73k
Staff costs
€412k▲
2024 · €353k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€2.69M▲
Fixed assets21/28€888k€1.36M▲
Tangible fixed assets22/27€888k€1.35M▲
Land and buildings22€727k€1.13M▲
Plant, machinery and equipment23€3k€7k▲
Furniture and vehicles24€33k€25k▼
Leasing and similar rights25€126k€185k▲
Financial fixed assets28€15€6k▲
Current assets29/58€591k€1.33M▲
Stocks and contracts in progress3€156k€371k▲
Stocks30/36€156k€371k▲
Amounts receivable within one year40/41€250k€759k▲
Trade receivables40€203k€743k▲
Other amounts receivable41€46k€16k▼
Cash at bank and in hand54/58€186k€191k▲
Deferred charges and accrued income490/1-€10k
Equity and liabilities
Total equity and liabilities10/49€1.48M€2.69M▲
Equity10/15€427k€548k▲
Contributions10/11€19k€19k=
Reserves13€406k€529k▲
Tax-exempt reserves132€63k-
Distributable reserves133€343k€529k▲
Profit (loss) carried forward14€2k-
Amounts payable17/49€1.05M€2.14M▲
Amounts payable after more than one year17€681k€869k▲
Financial debts170/4€681k€869k▲
Amounts payable within one year42/48€372k€1.27M▲
Current portion of amounts payable after more than one year42€87k€102k▲
Financial debts43€170k€315k▲
Credit institutions430/8€170k€315k▲
Trade debts44€66k€686k▲
Suppliers440/4€66k€686k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€39k€72k▲
Taxes450/3€34k€66k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€8k€95k▲
Income statement
Code20242025
Non-recurring operating income76A-€16k
Remuneration, social security and pensions62€353k€412k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€90k▲
Other operating charges640/8€8k€9k▲
Non-recurring operating charges66A-€463
Gross operating margin9900€700k€803k▲
Operating profit (loss)9901€283k€291k▲
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€3k▲
Non-recurring financial income76B-€4k
Financial charges65/66B€47k€56k▲
Recurring financial charges65€47k€56k▲
Profit (loss) for the period before taxes9903€238k€242k▲
Income taxes67/77€73k€81k▲
Profit (loss) for the period9904€165k€161k▼
Transfer from tax-exempt reserves789-€63k
Profit (loss) for the period to be appropriated9905€165k€224k▲
Appropriation of the result
Profit (loss) to be appropriated9906€167k€226k▲
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2-€40k
Transfer to equity691/2€165k€226k▲
To other reserves6921€165k€226k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
Social balance
Average headcount (FTE)90875.96.9▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €548k ▲28.3%
4 profitable years in a row build equity to €548k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €165k ▲28.2%
Net result €165k, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Equity above €200kEq €262k ▲96.7%
2 profitable years in a row build equity to €262k.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 50 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 94 days late
2020
31-12
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €131k ▲59.4%
Equity rises from €82k to €131k.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Diepenbeek · 1 establishment unit since 2013
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.
Groeningenweg 233590 DiepenbeekGround area
1,924 m²
Building footprint
768 m²
Parcel 71402D1112/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vloerwerken Recko
since 20132.222.974.437
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402D1112/00Z000 | Flanders | 1,924 m² | 1 · 768 m² | 0.0 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,459 EUR awarded · 3,459 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,664 EUR |
| 2024 | 1 | 2,664 EUR | 0 EUR |
| 2022 | 1 | 795 EUR | 795 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
VAN GOETHEM CHRISTOPH
BE 0885.241.103
Dendermonde · Eq €548k
Aurésajé
BE 0479.303.031
Vielsalm · Eq €552k
VERHANNEMAN
BE 0683.518.121
Zedelgem · Eq €543k
TECHNIFLOOR
BE 0418.598.451
Erpe-Mere · Eq €554k
GEBROEDERS MARTENS
BE 0447.468.225
Zoersel · Eq €558k
Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,019 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2013
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.