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RECOLLETS 1768

Active
Public limited companyfounded 199333 yrs activeGroenstraat 10b, 9250 Waasmunster, BelgiumKBO/BCE: BE 0449.886.196
Summary

The computed 12-month bankruptcy probability of RECOLLETS 1768 is 8.2% (elevated). The 2024 annual accounts show negative equity (-€128,579) and a net result of -€226,192. Equity is shrinking by ~29% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
RECOLLETS 1768ActiveChecked score 30/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€41,308total assets 2024
Equity
-€128,579
Loss
-€226,192
Financial health
30 Weak Checked score 2024
Bankruptcy chance 12 m
8.2%
Structure
Parent
SECOND LIVING PROPERTIES · 100%
Accounts 67 d overdue0 of 16 deeds read
Why 30- 1 change of registered office in 24 months- Loss of €226,192, the second in a row (FY 2024)+ Size: total assets €41,308+ Founded in 1993Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 3% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 0-67
equity -311.3% of total assets
Liquidity 0-41
short-term debt 410.8%
Profitability 0=
return on assets -547.6%
Bankruptcy probability, 12 months
8.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.0% 12-2024: 2.0%● 0.0% vs 11-2024 01-2025: 2.0%▲ +1.9% vs 12-2024 02-2025: 2.0%● 0.0% vs 01-2025 03-2025: 2.1%▲ +5.4% vs 02-2025 04-2025: 2.1%▼ -2.1% vs 03-2025 05-2025: 2.0%▼ -5.0% vs 04-2025lowest value 06-2025: 2.2%▲ +11.2% vs 05-2025 07-2025: 2.1%▼ -5.8% vs 06-2025 08-2025: 2.6%▲ +24.4% vs 07-2025 09-2025: 2.6%▼ -1.1% vs 08-2025 10-2025: 2.6%▲ +1.7% vs 09-2025 11-2025: 2.6%● 0.0% vs 10-2025 12-2025: 2.6%● 0.0% vs 11-2025 01-2026: 4.4%▲ +68.4% vs 12-2025 02-2026: 4.4%● 0.0% vs 01-2026 03-2026: 4.6%▲ +4.6% vs 02-2026 04-2026: 4.7%▲ +2.3% vs 03-2026 05-2026: 4.9%▲ +5.0% vs 04-2026 06-2026: 5.7%▲ +16.0% vs 05-2026 07-2026: 5.9%▲ +3.8% vs 06-2026 08-2026: 6.5%▲ +9.9% vs 07-2026 09-2026: 6.7%▲ +2.1% vs 08-2026 10-2026: 8.2%▲ +22.9% vs 09-2026highest value
  • Size: total assets €41,308 lowers the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Founded in 1993 lowers the probability for this profile
  • Loss of €226,192, the second in a row (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.01 against 0.07 in 2023; short-term debt: 410.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 1%, profitability 4%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €41,308
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €226,192, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€128,579
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
31 d late
2021
116 d late
2020
118 d late
2019
186 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 86 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Weakest financial yearnet -€226,192
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€128,579 View
  • Risk: 6 loss-making years in a rowloss fiscal year 2024 -€226,192 View
  • Caution: Result fell in 2024from -€60,437 to -€226,192 ▼ 274% View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Controlled by SECOND LIVING PROPERTIES 100% View

By topic

Financials

Fiscal year
2024
Total assets
€41,308
Loss
-€226,192
Solvency
-311.3%
Total assets▼ 82.1%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 31-08-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 31-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
09-04-1993
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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