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RECON INTERNATIONAL

Active
Public limited companyfounded 1993active for 33 yearsGolden Hopestraat 17, 1620 Drogenbos, BelgiumKBO/BCE: BE 0450.809.577

From the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RECON INTERNATIONAL has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €1.4m. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 70% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
RECON INTERNATIONALActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 01-09-1993 Normal situation
Legal form
Public limited company
Registered office
Golden Hopestraat 17, 1620 Drogenbos
Activity
Plumbing work NACE 43221and 4 others
Establishment unit
2.063.709.246 1620 Drogenbos, since 29-09-1993
Financial year end
30 September
Peppol
Reachable since 11-12-2025
Company details

Who decides

Board
  • HB-Consult CommVDirector · since 03-05-2022
  • Rent & Invest BVDirector · since 03-05-2022
Shareholders
Holdings
Shares in 1 company RECAD
Board & ownership

How it is doing

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Turnover
€13.6m
▼ 8.6%
Profit
€1.4m
▼ 49.2%
Equity
€4.4m
▲ 0.6%
Total assets
€7.6m
▼ 11.7%
Staff
43.3 FTE
▲ 0.5%
2025 accounts 41 days early
Filed on 20-03-2026PDF
Financials
Why 96lowers riskLiquidity: current ratio 2.17, cash €1.7mSize: turnover €13.6m, 43.3 FTE, total assets €7.6mFounded in 1993Equity €4.4m (58.5% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 83+7
equity 58.5% of total assets
Liquidity 59+1
short-term debt 40.5% · cash 22.6%
Profitability 85-15
return on assets 19.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €420,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.17, compared with 1.92 in 2024, above the usual 1.5; short-term debt: 40.5% and cash: 22.6% of total assets), and 41.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 77% on solvency, 74% on liquidity, 82% on profitability and 31% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.17, cash €1.7m
NBB · annual accounts
lowers risk · Size: turnover €13.6m, 43.3 FTE, total assets €7.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €4.4m (58.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
41 days early
2024
37 days early
2023
4 days early
2022
40 days early
2021
57 days early
2020
35 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Largest company by total assets in Drogenbos, Construction sectorin the Checked rankings No. 1 View
  • Caution: Result fell in 2025from €2.8m to €1.4m ▼ 49.2% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €1.4m 5 years View

Documents

Annual accounts at the NBB

All 32 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about RECON INTERNATIONAL

What is the company number of RECON INTERNATIONAL?
0450.809.577. In Belgium the VAT number is the company number with BE in front: BE 0450.809.577.
Where is RECON INTERNATIONAL based?
The registered office is at Golden Hopestraat 17, 1620 Drogenbos.Company details
What does RECON INTERNATIONAL do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of RECON INTERNATIONAL?
Public limited company (NV).
When was RECON INTERNATIONAL founded?
On 01-09-1993.
Is RECON INTERNATIONAL still active?
Yes, RECON INTERNATIONAL is an active enterprise in the KBO register.
How many employees does RECON INTERNATIONAL have?
On average 43.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RECON INTERNATIONAL?
€13.6m in financial year 2025, according to the filed annual accounts.
Is RECON INTERNATIONAL profitable?
In financial year 2025, RECON INTERNATIONAL made a profit of €1.4m.
Where can I find the annual accounts of RECON INTERNATIONAL?
RECON INTERNATIONAL filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of RECON INTERNATIONAL due?
By 30-04-2027, for financial year 2026.Timeline

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Subsidiaries and holdings

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