RECODE

Absorbed by ARE KBO/BCE: BE 0444.535.756

RECODE

Follow Report

Overview

Lifetime

12 annual accounts with figures on one time axis, 26 filings since 1992

peak €1,525 (2010)

-€3,686▲ €1,253

lowest -€14,620 (2006)

-€5,813▼ €616

peak €562,085 (2008)

€394,234▼ 1.5%

€159,928▲ 3.3%

Board5 names since 2017

Owners

100%ARE³

Documentsfilings and deeds

16-07-201815 days before the deadline

2017abbreviated format

Gross margin from -€4,939 to -€3,686Loss of €5,8132 directors appointed, 3 resignations 17-10

Key points

from the 2017 annual accounts, the last ones filed

Losses

-€95,649 in twelve years

Every financial year from 2006 to 2017 closed with a loss. 2006 was the heaviest.

Filings

26 annual accounts since 1992

Eight of the last ten came late. The 2013 accounts came latest: 193 days after the end of the period.

No score

Board and ownership

last known board

Aubisque BVBA

Director, last mentioned in 2017

Crescemus BVBA

Director, last mentioned in 2017

Director, until 2017

Director, until 2017

Director, until 2017

Recent changes

29-08-2018

Merger: absorbed by ARE3 ARE3 holds all the shares · Gazette deed

20-06-2018

Merger proposal: to be absorbed by Are Permanent representatives: Marc Coucke, Michael Schenck, Pieter Bourgeois and Freya Loncin · Gazette deed

17-10-2017

2 directors appointed, 3 resignations Resignations: Jacques Remy, Pascale Remy and Sophie Remy · Appointments: Crescemus BVBA and Aubisque BVBA · Permanent representatives: Pieter Bourgeois and Freya Loncin · General meeting of 01-03-2017 · Gazette deed

18-07-1991

Incorporation 24 publications in the Belgian Official Gazette, the last on 29-08-2018 · Gazette deed

All 31 events

Official details

Source: KBO

Status: Absorbed by AREmerger by absorption, July 2018
Activity: “L'achat, la vente, l'échange, la location, la gestion de tous immeubles ou biens immobiliers…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2017

: -€3,686▲ 25.4%
: €5,813▲ 11.9%
: €394,234▼ 1.5%
: €554,161▼ 0.1%
Filing: Filed on 16-07-2018

Financials

Insights on RECODE

Absorbed by ARE in July 2018. The last annual accounts are for financial year 2017.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2017

abbreviated format, filed on 16-07-2018, 15 days before the deadline

-€3,686

▲ €1,253

-€5,813

▼ €617

71.1%

▼ 1.0 percentage points

0.00

▼ 0.00

Money flows

no detail for 2017

Balance sheet

balance sheet total €554,161 on 31-12-2017

What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	554,161	554,911	555,168	555,874	556,183	557,058	560,149	573,442	697,082	708,359	214,602	207,620
`21/28`	553,694	554,444	554,701	555,107	555,415	555,953	555,033	555,561	658,249	660,191	165,405	170,339
`22/27`	553,694	554,444	554,701	554,958	555,266	555,804	554,884	555,412	658,100	660,042	165,257	170,191
`22`	553,694	553,694	553,694	553,694	553,694	553,708	553,766	554,026	656,040	658,267	160,507	162,786
`23`	-	750	900	1,050	1,251	1,668	584	644	859	-	-	71
`24`	-	0	107	214	321	428	535	741	1,201	1,775	2,010	1,605
`28`	-	-	-	149	149	149	149	149	149	149	149	149
`29/58`	467	467	467	767	767	1,106	5,116	17,882	38,833	48,168	49,196	37,280
`40/41`	467	467	467	467	467	806	110	110	2,056	909	107	504
`40`	-	-	-	-	-	-	-	-	1,828	-	-	-
`41`	467	467	467	467	467	806	110	110	228	909	107	504
`50/53`	-	-	-	-	-	-	-	16,467	36,777	47,064	47,064	36,777
`54/58`	-	-	-	300	300	300	5,006	1,304	-	194	2,025	-
Balance sheet: equity and liabilities
`10/49`	554,161	554,911	555,168	555,874	556,183	557,058	560,149	573,442	697,082	708,359	214,602	207,620
`10/15`	394,234	400,046	405,243	410,086	418,512	430,948	442,308	448,229	554,925	562,085	63,891	75,262
`10/11`	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700
`100`	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700	184,700
`12`	400,000	400,000	400,000	400,000	400,000	400,000	400,000	400,000	500,000	500,000	-	-
`13`	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371
`130`	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371	2,371
`14`	-192,837	-187,024	-181,828	-176,985	-168,559	-156,123	-144,763	-138,842	-132,146	-124,986	-123,179	-111,809
`17/49`	159,928	154,865	149,925	145,788	137,671	126,111	117,842	125,213	142,157	146,273	150,710	132,357
`17`	-	-	-	-	-	4,661	10,587	7,462	15,384	11,190	16,156	3,279
`170/4`	-	-	-	-	-	4,661	10,587	7,462	15,384	11,190	16,156	3,279
`42/48`	159,928	154,865	149,925	145,788	137,671	121,450	107,255	117,751	126,773	133,884	134,554	129,078
`42`	-	-	-	-	689	6,993	5,690	8,114	7,551	4,966	8,001	3,000
`43`	-	-	-	-	-	3,326	-	319	5,716	6,595	-	4,230
`430/8`	-	-	-	-	-	3,326	-	319	5,716	6,595	-	4,230
`44`	-	345	1,704	449	3,187	7,492	6,674	4,611	8,041	6,849	3,756	6,654
`440/4`	-	345	1,704	449	3,187	7,492	6,674	4,611	8,041	6,849	3,756	6,654
`46`	-	-	-	-	-	513	402	-	-	-	6,981	4,683
`45`	-	-	-	-	-	474	384	-	-	-	118	-
`450/3`	-	-	-	-	-	474	384	-	-	-	118	-
`47/48`	159,928	154,520	148,222	145,339	133,795	102,653	94,105	104,707	105,465	115,473	115,699	110,511
`492/3`	-	-	-	-	-	-	-	-	-	1,200	-	-
Income statement
`70`	-	-	-	-	300	5,443	12,910	-	-	-	-	-
`76A`	-	-	-	-	-	864	614	-	-	6,981	-	-
`9900`	-3,686	-4,939	-4,284	-5,488	-10,060	-8,970	-2,735	1,525	221	-1,578	-1,628	-4,891
`60/61`	-	-	4,284	5,488	11,760	16,669	17,630	-	-	-	-	-
`630`	-	257	257	308	537	581	634	2,688	3,016	5,611	6,004	6,045
`640/8`	2,127	-	100	-	254	1,546	1,896	2,907	3,408	1,066	2,166	2,365
`66A`	-	-	149	1,613	-	26	99	-	-	-	-	-
`9901`	-5,813	-5,196	-4,641	-5,796	-10,851	-11,096	-5,265	-4,070	-6,202	-8,255	-9,798	-13,300
`75/76B`	0	-	-	-	-	-	-	768	1,069	1,201	713	1
`75`	0	-	-	-	-	-	-	768	1,069	1,201	713	1
`65/66B`	-	-	53	1,016	1,585	1,101	1,171	3,393	2,027	1,733	2,285	1,387
`65`	-	-	53	1,016	1,585	1,101	1,171	3,393	2,027	1,733	2,285	1,387
`9903`	-5,813	-5,196	-4,843	-8,426	-12,436	-11,360	-5,921	-6,696	-7,160	-1,806	-11,371	-14,686
`67/77`	-	-	-	-	-	-	-	-	-	-	-	-66
`9904`	-5,813	-5,196	-4,843	-8,426	-12,436	-11,360	-5,921	-6,696	-7,160	-1,806	-11,371	-14,620
`9905`	-5,813	-5,196	-4,843	-8,426	-12,436	-11,360	-5,921	-6,696	-7,160	-1,806	-11,371	-14,620
Appropriation of the result
`9906`	-192,837	-187,024	-181,828	-176,985	-168,559	-156,123	-144,763	-138,842	-132,146	-124,986	-123,179	-111,809
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2017 (PDF), filed on 16-07-2018.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2017	abbreviated format	16-07-2018	2018-33600233	PDF
31-12-2016	full format	24-08-2017	2017-47700001	PDF
31-12-2015	full format	12-08-2016	2016-42500523	PDF
31-12-2014	full format	30-09-2015	2015-63700391	PDF
31-12-2013	full format	09-02-2015	2015-03900091	PDF
31-12-2012	full format	21-08-2013	2013-44500481	PDF
31-12-2011	full format	27-09-2012	2012-58700375	PDF
31-12-2010	full format	30-08-2011	2011-45900429	PDF
31-12-2009	full format	27-07-2010	2010-34800361	PDF
31-12-2008	full format	05-08-2009	2009-54500302	PDF
31-12-2007	full format	16-07-2008	2008-41900168	PDF
31-12-2006	full format	26-06-2007	2007-30100111	PDF
31-12-2005	full format	26-07-2006	2006-54202751	PDF
31-12-2004	full format	12-08-2005	2005-64303393	PDF
31-12-2003	full format	15-10-2004	2004-73802361	PDF
31-12-2002	full format	06-10-2003	2003-73100572	PDF
31-12-2001	full format	26-05-2003	2003-16801966	PDF
31-12-2000	full format	15-01-2002	2002-01502530	PDF
31-12-1999	full format	22-08-2001	2001-51503224	PDF
31-12-1998	full format	09-06-2000	2000-20603157	PDF
31-12-1997	full format	02-09-1999	1999-44004974	PDF
31-12-1996	full format	06-02-1998	1998-02201641	PDF
31-12-1995	full format	18-09-1996	1996-44102937	PDF
31-12-1994	full format	01-04-1996	1996-05104041	PDF
31-12-1993	full format	09-09-1994	1994-39202821	PDF
31-12-1992	full format	23-11-1993	1993-44101056	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-	-4,939	-4,384	-5,488	-10,314	-10,516	-4,631	-1,382	-3,187	-2,644	-3,794	-7,255
-	-4,939	-4,586	-8,117	-11,899	-10,780	-5,287	-4,008	-4,145	3,805	-5,367	-8,575
-	0	-149	0	0	1,500	206	-100,000	1,074	396	1,070	291
-	-	-	0	0	-4,706	3,702	-	-	-1,831	-	-
-159,460	-154,398	-149,458	-145,021	-136,904	-120,344	-102,139	-99,869	-87,940	-85,716	-85,358	-91,798
-	-	-	-	-	-	-40.8%	-	-	-	-	-
71.1%	72.1%	73.0%	73.8%	75.2%	77.4%	79.0%	78.2%	79.6%	79.4%	29.8%	36.3%
0.00	0.00	0.00	0.01	0.01	0.01	0.05	0.15	0.31	0.36	0.37	0.29
0.41	0.39	0.37	0.36	0.33	0.29	0.27	0.28	0.26	0.26	2.36	1.76
-1.5%	-1.3%	-1.2%	-2.1%	-3.0%	-2.6%	-1.3%	-1.5%	-1.3%	-0.3%	-17.8%	-19.4%
-1.0%	-0.9%	-0.9%	-1.5%	-2.2%	-2.0%	-1.1%	-1.2%	-1.0%	-0.3%	-5.3%	-7.0%
-	-	-	-	568 days	54 days	3 days	-	-	-	-	-
-	-	145 days	30 days	99 days	164 days	138 days	-	-	-	-	-

EBIT margin. Not meaningful: turnover is only a small part of operating income.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on RECODE

The operating result for 2017 is a loss of €5,813, larger than the loss of €5,196 in 2016. It is the lowest result since 2013.

Debt's share of the balance-sheet total rises from 27.9% to 28.9%. Equity is lower and debt is higher.

Board & ownership

Mandates through the years

5 names

Aubisque BVBA
Director

Crescemus BVBA
Director

Jacques Remy
Director

Pascale Remy
Director

Sophie Remy
Director

Earliermandate already running before its first mentionend not dated

Mandates as a list

Aubisque BVBA
- Director, appointed by deed of 17-10-2017, last mentioned in 2017
Crescemus BVBA
- Director, appointed by deed of 17-10-2017, last mentioned in 2017
Jacques Remy
- Director, until 28-02-2017
Pascale Remy
- Director, until 28-02-2017
Sophie Remy
- Director, until 28-02-2017

See the board, name and registered office on a given date →

Control

Shareholder

ARE3

This company

RECODE

Equity €394,234

Loss €5,813 in 2017

Capital

Capital: €184,700
Source: 2017 annual accounts

Shareholders

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Former owners (1)

ARE³
Sourcedeed 29-08-2018

100%

Capital transactions

Shareholders according to the deeds

Stated in the deed deed of 29-08-2018 ↗

ARE3 (BE 0646.738.194) all shares

Office holders in the KBO →

Network & group

No group

RECODE has no parent and no holdings in its annual accounts.

Acquisitions and mergers

1 transaction

Taken over by:ARE

BE 0646.738.194operation treated as a merger by absorption · Gazette deed of 29-08-2018 (4 deeds) · effective 31-07-2018 · according to the KBO register since 31-07-2018

Connections & network

See the function holders in the KBO register.

Timeline

31 events since 1991

Board

Capital

Filings

Financial

1995200020052010201520202025

2018

29-08-2018

Merger: absorbed by ARE3ARE3 holds all the shares1 point ▸

ARE3 holds all the shares
The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

16-07-2018

Annual accounts 2017 filed PDFabbreviated format · 15 days before the deadline

20-06-2018

Merger proposal: to be absorbed by ArePermanent representatives: Marc Coucke, Michael Schenck, Pieter Bourgeois and Freya Loncin4 points ▸

Permanent representative, Marc Coucke
Permanent representative, Michael Schenck
Permanent representative, Pieter Bourgeois, mentioned twice in the deed
Permanent representative, Freya Loncin, mentioned twice in the deed
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2017

17-10-2017

2 directors appointed, 3 resignationsResignations: Jacques Remy, Pascale Remy and Sophie Remy · Appointments: Crescemus BVBA and Aubisque BVBA · Permanent representatives: Pieter Bourgeois and Freya Loncin · General meeting of 01-03-20178 points ▸

General meeting, 01-03-2017
Director resignation, Jacques Remy
Director resignation, Pascale Remy
Director resignation, Sophie Remy
Director appointment, Crescemus BVBA
Director appointment, Aubisque BVBA
Permanent representative, Pieter Bourgeois
Permanent representative, Freya Loncin

Open the deed in the Belgian Official Gazette

24-08-2017

Annual accounts 2016 filed PDFfull format · 24 days late

2016

12-08-2016

Annual accounts 2015 filed PDFfull format · 12 days late

2015

30-09-2015

Annual accounts 2014 filed PDFfull format · 61 days late

09-02-2015

Annual accounts 2013 filed PDFfull format · 193 days late

2013

21-08-2013

Annual accounts 2012 filed PDFfull format · 21 days late

2012

27-09-2012

Annual accounts 2011 filed PDFfull format · 58 days late

2011

30-08-2011

Annual accounts 2010 filed PDFfull format · 30 days late

2010

27-07-2010

Annual accounts 2009 filed PDFfull format · 4 days before the deadline

2009

05-08-2009

Annual accounts 2008 filed PDFfull format · 5 days late

2008

31-12-2008

Equity above €500,000 equity €562,085 ▲780% Equity rises from €63,891 to €562,085.

16-07-2008

Annual accounts 2007 filed PDFfull format · 15 days before the deadline

2007

26-06-2007

Annual accounts 2006 filed PDFfull format · 35 days before the deadline

2006

26-07-2006

Annual accounts 2005 filed PDFfull format

2005

12-08-2005

Annual accounts 2004 filed PDFfull format

2004

15-10-2004

Annual accounts 2003 filed PDFfull format

2003

06-10-2003

Annual accounts 2002 filed PDFfull format

26-05-2003

Annual accounts 2001 filed PDFfull format

2002

15-01-2002

Annual accounts 2000 filed PDFfull format

2001

22-08-2001

Annual accounts 1999 filed PDFfull format

2000

09-06-2000

Annual accounts 1998 filed PDFfull format

1999

02-09-1999

Annual accounts 1997 filed PDFfull format

1998

06-02-1998

Annual accounts 1996 filed PDFfull format

1996

18-09-1996

Annual accounts 1995 filed PDFfull format

01-04-1996

Annual accounts 1994 filed PDFfull format

1994

09-09-1994

Annual accounts 1993 filed PDFfull format

1993

23-11-1993

Annual accounts 1992 filed PDFfull format

1991

18-07-1991

Incorporation 24 publications in the Belgian Official Gazette, the last on 29-08-2018

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

RECODE has filed 26 sets of annual accounts, the latest for financial year 2017.¹ In 2018 the company was absorbed by merger into ARE.²

Company details

Purpose according to the articles of association

Purpose: “L'achat, la vente, l'échange, la location, la gestion de tous immeubles ou biens immobiliers et mobiliers, l'établissement de tous plans…”
3 activities
L'achat, la vente, l'échange, la location, la gestion de tous immeubles ou biens immobiliers et mobiliers, l'établissement de tous plans, devis et marchés, contrats d'entreprise et de sous-entreprise, relatifs à l'exécution de tous travaux et entreprises concenant la construction, l'aménagement, la transformation, la mise en valeur et le le commerce de tous meubles et biens mobiliers et immobiliers, la représentation de tout produit, la constitution au profit de tiers, moyennant rémunération, de toutes garanties, tant personnelles que réelles
La location de salles pour réuníons, seminaires, réceptions de sociétés, expositions, manifestations diverses et location de chambre pour voyageurs
Accomplir, tant en Belgique qu'à l'étranger, toutes opérations commerciales, industrielles, financières, mobilières ou immobilières, et rapportant directement ou indirectement à son objet social ou de nature à en favoriser la réalisation et s'intéresser par voie de souscription, apport, de prise de participation ou d'une autre manière dans toute société ou entreprise ayant une activité analogue, connexe ou complémentaire à la sienne
Registered office clause: “Rue Daufresne de la Chevalerie 1, 6940 Durbuy”

Articles of association, deed of 20-06-2018 (in French)

Inactive

Absorbed by ARE in July 2018

RECODE is no longer in the KBO register. ARE took it over in a merger by absorption, published in the Belgian Official Gazette on 29 August 2018.

Status: Inactive
Reason: Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 29 August 2018 · deed
Absorbed by: ARE · 0646.738.194
Last annual accounts: financial year to 31 December 2017
Last registered office: Rue Daufresne De La Chevalerie 1, 6940 Durbuyas published on 29 August 2018
Legal form: Public limited company
First annual accounts: financial year 1992

Official KBO record

Overview

Lifetime

Key points

Losses

Filings

Board and ownership

Recent changes

Official details

Annual accounts 2017

Insights on RECODE

Financials

Annual accounts 2017

Money flows

Balance sheet

Change in equityin euro

Change in cash

Filed annual accounts

Filings

Key figures and ratios

Insights on RECODE

Board & ownership

Mandates through the years

Control

Capital

Shareholders

Owners 0

Capital transactions

Network & group

No group

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Purpose according to the articles of association

Absorbed by ARE in July 2018

in euro