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 directorHidden nameVisible after signing in
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: Name after signing inVisible after signing in, from manager to sole director18-01Equity from €155,345 to €198,478Debts from €23,157 to €34,115Investments €987
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458467035
Change of role: Name hiddenVisible after signing in, from manager to sole director
Director discharge: Hidden nameVisible after signing in · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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.