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RECON

Active Private limited companyfounded 1996active for 30 yearsGrote-Kapellestraat 15, 9910 AalterKBO/BCE: BE 0458.467.035

Lifetime

18 annual accounts with figures on one time axis, 27 filings since 1997
peak €50,364 (2024)
€50,364▲ 12.6%
lowest -€18,892 (2008)
€43,132▲ 58.4%
peak €198,478 (2024)
€198,478▲ 27.8%
€34,115▲ 47.3%
peak 0.1 FTE (2014)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
17-03-2026229 days late
2024micro format
Gross margin from €44,739 to €50,364Result from €27,237 to €43,132Change of role: , from manager to sole director 18-01Equity from €155,345 to €198,478Debts from €23,157 to €34,115Investments €987

Key points

from the 2024 annual accounts

Equity

€198,478 ▲ 27.8%

RECON has made a profit without a break since 2015.

Investments

€987 3.0 × depreciation
20212024

Green is investment, beige is depreciation.

Filings

27 annual accounts 104 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as RECON has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 31,356 companies, not a prediction for RECON. 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.

Credit verdict

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Signals

Board and ownership

Director, since 28-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0458467035
Change of role: , from manager to sole director Director discharge: · Gazette deed
First establishment Fazantendreef 12, Aalter
Incorporation published on 01-08-1996 · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
RECON Aalter €232,593 €50,364 85.3% -
Belu Bouw Lievegem €232,054 €56,975 76.8% -
DE BRUYCKER GEBROEDERS Gavere €260,632 €42,942 77.6% -
MUJKANOVIC Ghent €225,265 €39,945 70.6% -
VICO Aalst €245,669 €40,379 43.8% -
BOUHMIDI MOHAMED BOUWWERKEN Aalst €263,194 €63,183 99.8% -
TRAVAUX MORETTE Chiny €223,038 €53,118 45.1% -

These companies have the same main activity as RECON: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €223,000 and €263,000, founded between 1994 and 1998.

Official details

Source: KBO
Status
Active since 23-07-1996Normal situation
Activity
General construction of residential buildingsNACE 41001and 1 other
Establishment unit
2.079.329.2169910 Aalter, since 03-12-1996
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2024

≈ €260,000estimated
€232,593▲ 30.3%
≈ 0 FTEestimated
Filing
Filed on 17-03-2026
Financials

Insights on RECON

RECON files the micro format. That format states no turnover. The gross margin rose from €28,957 in 2006 to €50,364 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about RECON

What is the company number of RECON?
The company number of RECON is 0458.467.035. The VAT number is the same number with BE in front: BE 0458.467.035.
Where is RECON based?
The registered office is at Grote-Kapellestraat 15, 9910 Aalter.Company details
What does RECON do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of RECON?
RECON is a private limited company (BV).
When was RECON founded?
RECON was founded on 23-07-1996.
Is RECON still active?
Yes, RECON is an active enterprise in the KBO register.
What is the turnover of RECON?
The turnover in financial year 2024 is ≈ €260,000. This figure is estimated from the gross margin of €50,364 and 111 comparable companies (NACE 41001). It probably lies between €190,000 and €430,000.Financials
Is RECON profitable?
In financial year 2024, RECON made a profit of €43,132.
Where can I find the annual accounts of RECON?
RECON filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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