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RECON TRUCKS

Active
Public limited companyfounded 1974active for 52 yearsAnkerstraat 14, 8400 Oostende, BelgiumKBO/BCE: BE 0414.546.920
Summary

RECON TRUCKS has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €289,108. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 57% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
RECON TRUCKSActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Retail trade
NACE 47812Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
1 site
Size
€4.2mtotal assets 2025
Staff
9.8 FTE
Equity
€1.8m
Profit
€289,108
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
SOMO INVEST · 99.99%
  • IMMO SOMOManaging director · permanent representative Mortier Maria
  • SD Consult OostendeDirector · permanent representative Soete Wim
  • SOMO INVESTManaging director · permanent representative Soete Christ
2025 accounts 3 days early2 of 6 deeds summarised
Why 95raises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.67, cash €2.7mSize: 9.8 FTE, total assets €4.2mFounded in 1974Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 68-24
equity 42.6% of total assets
Liquidity 71+8
short-term debt 57.0% · cash 63.4%
Profitability 77-17
return on assets 6.9%
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 0.6% (40,222 companies, NACE 47, micro)
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 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 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 09-2026
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 2.79 in 2024, above the usual 1.5; short-term debt: 57% and cash: 63.4% of total assets), but 57.4% 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 47, micro): better than 58% on solvency, 77% on liquidity, 66% on profitability and 46% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskraises riskneutral
lowers risk · Liquidity: current ratio 1.67, cash €2.7m
NBB · annual accounts
lowers risk · Size: 9.8 FTE, total assets €4.2m
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 1974
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
22 days early
2023
37 days early
2022
24 days early
2021
6 days early
2020
29 days early
2019
31 days early
← 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 22 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointments: SD Consult Oostende BV, Somo…Permanent representatives: Soete Wim, Soete…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €533,782 to €289,108 ▼ 45.8% View
  • Positive: Among the best 18% on net resultsector median €40,191 · 5,007 companies €289,108 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €289,108 8 years View
  • Controlled by SOMO INVEST 99.99% View
  • Active since 1974founded 17-09-1974 52 years View

By topic

Financials

Financial year
2025
Total assets
€4.2m
Profit
€289,108
Solvency
42.6%
Total assets▲ 61.3%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
SOMO INVEST · 99.99%
  • IMMO SOMOManaging director
  • SD Consult OostendeDirector
  • SOMO INVESTManaging director
Go to Board & ownership

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 24-06-2024Annual accounts filed
  3. 05-01-2024Appointment: IMMO SOMO (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail tradeNACE 47812
Founded
17-09-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about RECON TRUCKS

What is the company number of RECON TRUCKS?
0414.546.920. In Belgium the VAT number is the company number with BE in front: BE 0414.546.920.
Where is RECON TRUCKS based?
The registered office is at Ankerstraat 14, 8400 Oostende.Company details
What does RECON TRUCKS do?
According to the KBO register, the main activity is retail trade (NACE 47812).
What is the legal form of RECON TRUCKS?
Public limited company (NV).
When was RECON TRUCKS founded?
On 17-09-1974.
Is RECON TRUCKS still active?
Yes, RECON TRUCKS is an active enterprise in the KBO register.
How many employees does RECON TRUCKS have?
On average 9.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RECON TRUCKS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is RECON TRUCKS profitable?
In financial year 2025, RECON TRUCKS made a profit of €289,108.
Where can I find the annual accounts of RECON TRUCKS?
RECON TRUCKS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RECON TRUCKS due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies Which other companies belong to the same group?SOMO INVEST · 15 companies

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