RECLAM
ActiveRECLAM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €255k and a net result of €3k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
86
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-34
Solvency98▲+5
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 2.18 in 2023), and 42.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
29 d late
2022
26 d early
2021
5 d early
2020
31 d late
2019
172 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€255k▲ 1.0%
2023 · €253k
2018: €50k
2019: €79k
2020: €147k
2021: €183k
2022: €233k
2023: €253k
2018 → 2024
Total assets
€442k▼ 16.5%
2023 · €529k
2018: €461k
2019: €416k
2020: €508k
2021: €466k
2022: €466k
2023: €529k
2018 → 2024
Net result
€3k▼ 87.2%
2023 · €20k
2018: €6k
2019: €40k
2020: €36k
2021: €37k
2022: €62k
2023: €20k
2018 → 2024
Working capital
€204k▲ 18.6%
2023 · €172k
2018: €45k
2019: €74k
2020: €273k
2021: €122k
2022: €183k
2023: €172k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€147k-€183k▲ 24.5%€233k▲ 27.0%€253k▲ 8.5%€255k▲ 1.0%
Operating result€109k-€51k▼ 53.5%€89k▲ 75.5%€31k▼ 65.1%€44k▲ 40.4%
Net result€36k-€37k▲ 2.9%€62k▲ 68.1%€20k▼ 68.0%€3k▼ 87.2%
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 recovers in 2024; 2024 is 40% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €442k
Fixed assets
€108k▼ 48.4%
Current assets
€333k▲ 4.7%
Equity and liabilities €442k
Equity
€255k▲ 1.0%
Provisions
€8k▼ 7.6%
Debt
€178k▼ 33.2%
The debt ratio falls from 50.6% to 40.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€89k▲
2023 · €76k
Cash flow
€48k▼
2023 · €65k
Solvency
57.8%▲
2023 · 47.8%
Current ratio
2.59▲
2023 · 2.18
Quick ratio
2.31▲
2023 · 1.84
Debt / equity
0.70▼
2023 · 1.06
ROE
1.0%▼
2023 · 7.8%
ROA
0.6%▼
2023 · 3.7%
Interest coverage
6.07▲
2023 · 5.57
Debt
€178k▼
2023 · €267k
Debt ≤ 1 year
€129k▼
2023 · €146k
Debt > 1 year
€50k▼
2023 · €96k
Income taxes
€30k▲
2023 · €-2k
Staff costs
€240k=
2023 · €240k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€529k€442k▼
Fixed assets21/28€210k€108k▼
Intangible fixed assets21€1k€629▼
Tangible fixed assets22/27€205k€103k▼
Land and buildings22€69k€0▼
Plant, machinery and equipment23€29k€22k▼
Furniture and vehicles24€72k€53k▼
Other tangible fixed assets26€35k€29k▼
Financial fixed assets28€5k€5k=
Current assets29/58€318k€333k▲
Stocks and contracts in progress3€50k€35k▼
Stocks30/36€50k€35k▼
Amounts receivable within one year40/41€137k€204k▲
Trade receivables40€126k€141k▲
Other amounts receivable41€11k€63k▲
Cash at bank and in hand54/58€93k€67k▼
Deferred charges and accrued income490/1€38k€27k▼
Equity and liabilities
Total equity and liabilities10/49€529k€442k▼
Equity10/15€253k€255k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Share premium1100/10€19k-
Reserves13€234k€237k▲
Tax-exempt reserves132€35k€33k▼
Distributable reserves133€199k€204k▲
Provisions and deferred taxes16€9k€8k▼
Deferred taxes168€9k€8k▼
Amounts payable17/49€267k€178k▼
Amounts payable after more than one year17€96k€50k▼
Financial debts170/4€96k€50k▼
Amounts payable within one year42/48€146k€129k▼
Current portion of amounts payable after more than one year42€24k€21k▼
Financial debts43€77€716▲
Credit institutions430/8€77€710▲
Other loans439-€6
Trade debts44€64k€36k▼
Suppliers440/4€64k€36k▼
Taxes, remuneration and social security45€58k€72k▲
Taxes450/3€9k€32k▲
Remuneration and social security454/9€49k€40k▼
Accrued charges and deferred income492/3€26k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€240k€240k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€46k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€0▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€822€0▼
Gross operating margin9900€321k€333k▲
Operating profit (loss)9901€31k€44k▲
Financial income75/76B€3€3k▲
Recurring financial income75€3€3k▲
Financial charges65/66B€14k€15k▲
Recurring financial charges65€14k€15k▲
Profit (loss) for the period before taxes9903€18k€32k▲
Transfer from deferred taxes780€670€670=
Income taxes67/77€-2k€30k▲
Profit (loss) for the period9904€20k€3k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€22k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€5k▼
Transfer to equity691/2€22k€5k▼
To other reserves6921€22k€5k▼
Social balance
Average headcount (FTE)90874.8-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼87.2%
Net result drops to €3k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €62k ▲68.1%
Net result €62k, the highest in the series.
31-12
Financial
Equity above €200kEq €233k ▲27%
5 profitable years in a row build equity to €233k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €183k ▲24.5%
4 profitable years in a row build equity to €183k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
19-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 172 days late
2020
31-12
Financial
Equity above €100kEq €147k ▲87.4%
3 profitable years in a row build equity to €147k.
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 183 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Stabroek · 1 establishment unit since 2021
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.
Hoge Weg 1292940 StabroekGround area
5,460 m²
Building footprint
2,534 m²
Parcel 11020I0477/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Reclam
since 20212.315.098.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020I0477/00E000 | Flanders | 5,460 m² | 1 · 2,534 m² | - |
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
2024 · 1 entry · 2,610 EUR awarded · 2,610 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,610 EUR | 2,610 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,810 companies in sector 73110 we hold annual accounts for 3,724. 2,650 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2008
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
82300Organisation of conventions and trade shows
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70210Activities of head offices; management consultancy activities
73120Media representation
73200Market research and public opinion polling
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.