Turnover
The micro format states no turnover.
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The micro format states no turnover.
Lower net result than 86% of companies in head offices and management consultancy. Sector median €27,138 · 39,392 companies.
In July 2024, 2,145 companies had the same profile as Reco Group has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,145 companies, not a prediction for Reco Group. 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.
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| Company | ||||
|---|---|---|---|---|
| Reco Group Ravels | €174,916 | €7,549 | 31.1% | - |
| Sea ‘n Sight Geel | €143,997 | €8,364 | 72.4% | - |
| Kaizen International Antwerp | €167,843 | €7,440 | 31.1% | - |
| Kat’s Ghent | €110,895 | €10,188 | 6.0% | - |
| CDR STUDIO Antwerp | €158,365 | €6,268 | 28.2% | - |
| Haireli Stabroek | €84,870 | €9,754 | 16.6% | - |
| EBAM CONSULT Antwerp | €77,626 | €7,411 | 64.9% | - |
These companies have the same main activity as Reco Group: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €77,600 and €168,000, founded between 2022 and 2025.
Reco Group has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,353 and a net result of -€5,647.
Its solvency ranks better than 31% of 39,376 sector peers (NACE 70, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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