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Generated 13-08-2026
Active BE 0471.484.138Public limited companyOpen bankruptcy

RECOBAJA

Keizer Karelstraat 25 ·7700 Mouscron, Belgium· 26 yrs active
Sector: Overige gespecialiseerde bouwactiviteiten, neg (43990)
Conclusion Checked

A bankruptcy procedure is open for RECOBAJA according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-95k) and a net result of €-63k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-95k
Net result €-63k
Better than sector 7%
Active 26 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency34Growth32Stability0
33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 34
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 11-07-2023 with the NBB · fiscal year 2022 · volledig
€-100k€-75k€-50k€-25k€0Operating result 2018: €-969€-969Net result 2018: €-47k€-47kOperating result 2019: €-3k€-3kNet result 2019: €-53k€-53kOperating result 2020: €-36k€-36kNet result 2020: €-92k€-92kOperating result 2021: €789€789Net result 2021: €-8k€-8kOperating result 2022: €-55k€-55kNet result 2022: €-63k€-63k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency -13.5% 33.7%
better than 7% of 411 sector peers
Net result €-63k €21k
better than 5% of 410 sector peers
Equity €-95k €85k
better than 5% of 411 sector peers
Gross operating margin €-46k €103k
better than 5% of 387 sector peers
Total assets €703k €319k
better than 67% of 412 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-48k
- 18-22
Net profit
€-63k
-692.1% 18-22
Cash flow
€-55k
- 18-22
Total assets
€703k
+282.5% 18-22
Equity
€-95k
-196.6% 18-22
Working capital
€-390k
-115.8% 18-22
Income taxes
€0
- 18-22
Debt
€798k
+269.8% 18-22
Debt ≤ 1y
€794k
+333.1% 18-22
Debt > 1y
€31k
-34.3% 18-22
Current ratio
0.51
+3370.6% 18-22
Quick ratio
0.51
+3370.6% 18-22
Solvency
-13.5%
+22.5% 18-22
Debt / equity
-8.42
-24.7% 18-22
ROE
66.3%
+167.1% 18-22
ROA
-8.9%
-107.1% 18-22
Interest coverage
-6.97
- 18-22
Figures by fiscal year
Fiscal year2022
Depositvolledig
Revenue-
EBITDA€-48k
Net profit€-63k
Cash flow€-55k
Staff costs-
Income taxes-
Dividends-
Total assets€703k
Equity€-95k
Debt€798k
of which ≤ 1y€794k
of which > 1y-
Working capital€-390k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.51
Quick ratio0.51
Working capital ratio-55.4%
Solvency-13.5%
Debt / equity-8.42
Long-term debt ratio-
Interest coverage-6.97
Gross margin-
Net margin-
ROA-8.9%
ROE66.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€703k
Fixed assets 21/28€299k
Tangible fixed assets 22/27€299k
Current assets 29/58€404k
Amounts receivable within one year 40/41€363k
Cash & bank 54/58€31k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€703k
Equity 10/15€-95k
Contributions / capital 10/11€62k
Reserves 13€6k
Accumulated profits (losses) 14€-163k
Amounts payable 17/49€798k
Amounts payable within one year 42/48€794k
Trade debts payable within one year 44€24k
Income statement
Gross operating margin 9900€-46k
Operating result 9901€-55k
Financial charges 65€7k
Result before taxes 9903€-63k
Net result for the period 9904€-63k
Result to be appropriated 9905€-63k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator AXEL CABY
DREVE GUSTAVE FACHE 3, 7700 MOUSCRON- . Date provisoire de cessation de paiement : 09/07/2024
 09-07-2024 → present Belgian State Gazette
Legal Structure
NACE primary Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form Public limited company(014)
Incorporation22-03-2000
StatusActive
Postal code7700
First BS signal 16-07-2024
Latest BS signal 16-07-2024
Establishment units 1 location
RECOBAJA SA
Raymond Beaucarnestraat 167, 7700 MouscronFokken van melkvee
since 20002.093.881.392
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54007B0956/00A002 Wallonia 2,197 m² 1 · 880 m² -
54006N0029/00E000 Wallonia 688 m² - -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
16-07-2024
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · RECOBAJA SA RUE CHARLES- QUINT 25, 7700 MOUSCRON · event 09-07-2024
2023
04-09-2023
State Gazette act Registered-office change
11-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
18-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
08-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
11-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
21-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
05-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
22-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
28-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
27-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
26-07-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
Lifecycle & Insolvency Signals 1 events
16-07-2024
Bankruptcy Opening
Date: 09-07-2024 · Tribunal de l’entreprise du Hainaut, division Tournai · RECOBAJA SA RUE CHARLES- QUINT 25, 7700 MOUSCRON · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-07-16 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
04-09-2023
Registered-office move
All acts · 1 updated 2 years ago
2023
04-09-2023 Registered office moved from Luingne to Mouscron Registered-office change
  • Rue Raymond Beaucarne 167, 7700 Luingne → Rue Charles-Quint 25 à 7700 Mouscron
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue Charles-Quint 25 \u00E0 7700 Mouscron",
        "city": "Mouscron",
        "region": "waals_gewest",
        "street": "Charles-Quint",
        "country": "BE",
        "postcode": "7700",
        "box_number": null,
        "street_number": "25",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Rue Raymond Beaucarne 167, 7700 Luingne",
        "city": "Luingne",
        "region": "waals_gewest",
        "street": "Raymond Beaucarne",
        "country": "BE",
        "postcode": "7700",
        "box_number": null,
        "street_number": "167",
        "locality_suffix": null
      },
      "effective_date": "2023-06-21",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-09-04",
    "filing_date": "2023-08-24",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "conseil_d_administration",
    "date": "2023-06-21",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0471.484.138",
    "name_full": "RECOB\u0410J\u0410",
    "legal_form": "SA",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Joseph Valcke",
    "org_rep_person_name": null,
    "person_role_at_subject": "administrateur d\u00E9l\u00E9gu\u00E9"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige gespecialiseerde werkzaamheden in de bouw45250Kippenkwekerijen01241Overige dierenfokkerijen01250Kippenkwekerijen01471Kippenkwekerijen01471Fokken en houden van andere dieren01480Fokken van andere dieren01490
Primary activity highlighted.
Names & trade names
Legal nameFR RECOBAJA
Registered office
Keizer Karelstraat 25
7700 Mouscron, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative