RECONSULT
ActiveSummary
RECONSULT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.54M and a net result of €9k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 85% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-9
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.48 in 2024; short-term debt: 14.2% and cash: 4.7% of total assets), and 20.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.3%
Return on assets
0.2%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
59 d early
2023
56 d early
2022
21 d early
2021
37 d early
2020
18 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€4.54M▲ 0.2%
2024 · €4.53M
2018: €4.04Mlowest in 8 years
2019: €4.12M▲ +2.1% vs 2018
2020: €4.12M● 0.0% vs 2019
2021: €4.23M▲ +2.6% vs 2020
2022: €4.39M▲ +3.8% vs 2021
2023: €4.61M▲ +4.9% vs 2022highest in 8 years
2024: €4.53M▼ -1.6% vs 2023
2025: €4.54M▲ +0.2% vs 2024
2018 → 2025
Total assets
€5.73M▼ 0.4%
2024 · €5.75M
2018: €4.14Mlowest in 8 years
2019: €5.23M▲ +26.2% vs 2018
2020: €6.20M▲ +18.7% vs 2019
2021: €6.29M▲ +1.4% vs 2020
2022: €6.41M▲ +1.9% vs 2021highest in 8 years
2023: €6.10M▼ -4.7% vs 2022
2024: €5.75M▼ -5.8% vs 2023
2025: €5.73M▼ -0.4% vs 2024
2018 → 2025
Net result
€9k
2024 · €-74k
2018: €266khighest in 8 years
2019: €266k● 0.0% vs 2018highest in 8 years
2020: €83k▼ -68.8% vs 2019
2021: €144k▲ +72.7% vs 2020
2022: €163k▲ +13.1% vs 2021
2023: €217k▲ +33.6% vs 2022
2024: €-74k▼ -134% vs 2023lowest in 8 years
2025: €9k▲ +113% vs 2024
2018 → 2025
Working capital
€-322k▲ 28.9%
2024 · €-453k
2018: €2.54M
2019: €2.82M▲ +11.0% vs 2018highest in 8 years
2020: €2.70M▼ -4.1% vs 2019
2021: €1.38M▼ -48.8% vs 2020
2022: €1.94M▲ +40.4% vs 2021
2023: €229k▼ -88.2% vs 2022
2024: €-453k▼ -298% vs 2023lowest in 8 years
2025: €-322k▲ +28.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.23M-€4.39M▲ 3.8%€4.61M▲ 4.9%€4.53M▼ 1.6%€4.54M▲ 0.2%
2021: €4.23Mlowest in 5 years
2022: €4.39M▲ +3.8% vs 2021
2023: €4.61M▲ +4.9% vs 2022highest in 5 years
2024: €4.53M▼ -1.6% vs 2023
2025: €4.54M▲ +0.2% vs 2024
Operating result€144k-€225k▲ 56.1%€250k▲ 11.1%€-32k€122k
2021: €144k
2022: €225k▲ +56.1% vs 2021
2023: €250k▲ +11.1% vs 2022highest in 5 years
2024: €-32k▼ -113% vs 2023lowest in 5 years
2025: €122k▲ +482% vs 2024
Net result€144k-€163k▲ 13.1%€217k▲ 33.6%€-74k€9k
2021: €144k
2022: €163k▲ +13.1% vs 2021
2023: €217k▲ +33.6% vs 2022highest in 5 years
2024: €-74k▼ -134% vs 2023lowest in 5 years
2025: €9k▲ +113% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €122k after a loss of €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.73M
Fixed assets
€5.24M ▼ 1.9%
Current assets
€494k ▲ 19.4%
Equity and liabilities €5.73M
Equity
€4.54M ▲ 0.2%
Provisions
€62k ▼ 3.5%
Debt
€1.13M ▼ 2.4%
Debt's share of the balance-sheet total falls from 20.0% to 19.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€351k▲
2024 · €260k
Cash flow
€239k▲
2024 · €218k
Current ratio
0.61▲
2024 · 0.48
Debt to equity
0.25▼
2024 · 0.25
ROE
0.2%▲
2024 · -1.6%
ROA
0.2%▲
2024 · -1.3%
Interest coverage
4.67▼
2024 · 10.03
Debt ≤ 1 year
€816k▼
2024 · €867k
Debt > 1 year
€253k▼
2024 · €276k
Income taxes
€41k▼
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.75M€5.73M▼
Fixed assets21/28€5.34M€5.24M▼
Tangible fixed assets22/27€5.33M€5.23M▼
Land and buildings22€5.28M€5.19M▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€51k€43k▼
Financial fixed assets28€9k€7k▼
Current assets29/58€414k€494k▲
Amounts receivable within one year40/41€211k€220k▲
Trade receivables40€6k€6k▼
Other amounts receivable41€205k€214k▲
Cash at bank and in hand54/58€181k€269k▲
Deferred charges and accrued income490/1€22k€5k▼
Equity and liabilities
Total equity and liabilities10/49€5.75M€5.73M▼
Equity10/15€4.53M€4.54M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4.47M€4.48M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€194k€187k▼
Distributable reserves133€4.27M€4.29M▲
Provisions and deferred taxes16€65k€62k▼
Deferred taxes168€65k€62k▼
Amounts payable17/49€1.15M€1.13M▼
Amounts payable after more than one year17€276k€253k▼
Financial debts170/4€276k€253k▼
Amounts payable within one year42/48€867k€816k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€379€3k▲
Suppliers440/4€379€3k▲
Taxes, remuneration and social security45€28k€9k▼
Taxes450/3€28k€9k▼
Other amounts payable47/48€817k€781k▼
Accrued charges and deferred income492/3€10k€56k▲
Income statement
Code20242025
Non-recurring operating income76A€0€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292k€230k▼
Other operating charges640/8€16k€14k▼
Gross operating margin9900€276k€365k▲
Operating profit (loss)9901€-32k€122k▲
Financial income75/76B€26k€2k▼
Recurring financial income75€26k€2k▼
Financial charges65/66B€26k€75k▲
Recurring financial charges65€26k€75k▲
Profit (loss) for the period before taxes9903€-32k€48k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€45k€41k▼
Profit (loss) for the period9904€-74k€9k▲
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€-67k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€16k▲
Transfer from equity791/2€67k€0▼
Transfer to equity691/2€0€16k▲
To other reserves6921€0€16k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €89k | €3k | €0 | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €139k | €121k | €121k | €292k | €230k | ▼ 21.4% |
| Other operating charges640/8 | €11k | €8k | €9k | €16k | €14k | ▼ 11.5% |
| Gross operating margin9900 | €294k | €354k | €380k | €276k | €365k | ▲ 32.3% |
| Operating profit (loss)9901 | €144k | €225k | €250k | €-32k | €122k | ▲ 482% |
| Financial income75/76B | €53k | €21k | €67k | €26k | €2k | ▼ 93.8% |
| Recurring financial income75 | €53k | €21k | €67k | €26k | €2k | ▼ 93.8% |
| Financial charges65/66B | €18k | €20k | €21k | €26k | €75k | ▲ 190% |
| Recurring financial charges65 | €18k | €20k | €21k | €26k | €75k | ▲ 190% |
| Profit (loss) for the period before taxes9903 | €179k | €227k | €296k | €-32k | €48k | ▲ 252% |
| Transfer from deferred taxes780 | €2k | €2k | €2k | €2k | €2k | = |
| Income taxes67/77 | €38k | €66k | €81k | €45k | €41k | ▼ 9.2% |
| Profit (loss) for the period9904 | €144k | €163k | €217k | €-74k | €9k | ▲ 113% |
| Transfer from tax-exempt reserves789 | €7k | €7k | €7k | €7k | €7k | = |
| Profit (loss) for the period to be appropriated9905 | €150k | €169k | €224k | €-67k | €16k | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.29M | €6.41M | €6.10M | €5.75M | €5.73M | ▼ 0.4% |
| Fixed assets21/28 | €3.77M | €3.31M | €4.76M | €5.34M | €5.24M | ▼ 1.9% |
| Tangible fixed assets22/27 | €3.68M | €3.21M | €3.48M | €5.33M | €5.23M | ▼ 1.9% |
| Land and buildings22 | €3.65M | €3.19M | €3.42M | €5.28M | €5.19M | ▼ 1.7% |
| Plant, machinery and equipment23 | €6k | €9k | €6k | €4k | €2k | ▼ 52.8% |
| Furniture and vehicles24 | €20k | €15k | €55k | €51k | €43k | ▼ 15.6% |
| Financial fixed assets28 | €94k | €94k | €1.28M | €9k | €7k | ▼ 14.3% |
| Current assets29/58 | €2.51M | €3.10M | €1.34M | €414k | €494k | ▲ 19.4% |
| Amounts receivable within one year40/41 | €654k | €319k | €375k | €211k | €220k | ▲ 4.3% |
| Trade receivables40 | €5k | €344 | €14k | €6k | €6k | ▼ 5.9% |
| Other amounts receivable41 | €648k | €318k | €360k | €205k | €214k | ▲ 4.6% |
| Cash at bank and in hand54/58 | €1.82M | €2.77M | €958k | €181k | €269k | ▲ 48.2% |
| Deferred charges and accrued income490/1 | €39k | €6k | €11k | €22k | €5k | ▼ 74.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.29M | €6.41M | €6.10M | €5.75M | €5.73M | ▼ 0.4% |
| Equity10/15 | €4.23M | €4.39M | €4.61M | €4.53M | €4.54M | ▲ 0.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €4.17M | €4.33M | €4.55M | €4.47M | €4.48M | ▲ 0.2% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €214k | €207k | €200k | €194k | €187k | ▼ 3.5% |
| Distributable reserves133 | €3.95M | €4.12M | €4.34M | €4.27M | €4.29M | ▲ 0.4% |
| Provisions and deferred taxes16 | €71k | €69k | €67k | €65k | €62k | ▼ 3.5% |
| Deferred taxes168 | €71k | €69k | €67k | €65k | €62k | ▼ 3.5% |
| Amounts payable17/49 | €1.99M | €1.95M | €1.43M | €1.15M | €1.13M | ▼ 2.4% |
| Amounts payable after more than one year17 | €843k | €777k | €298k | €276k | €253k | ▼ 8.3% |
| Financial debts170/4 | €843k | €777k | €298k | €276k | €253k | ▼ 8.3% |
| Amounts payable within one year42/48 | €1.13M | €1.15M | €1.11M | €867k | €816k | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | €66k | €66k | €21k | €22k | €23k | ▲ 4.8% |
| Trade debts44 | €7k | €1k | €7k | €379 | €3k | ▲ 787% |
| Suppliers440/4 | €7k | €1k | €7k | €379 | €3k | ▲ 787% |
| Taxes, remuneration and social security45 | €29k | €59k | €48k | €28k | €9k | ▼ 68.5% |
| Taxes450/3 | €26k | €59k | €48k | €28k | €9k | ▼ 68.5% |
| Remuneration and social security454/9 | €3k | €0 | - | - | - | - |
| Other amounts payable47/48 | €1.03M | €1.03M | €1.04M | €817k | €781k | ▼ 4.4% |
| Accrued charges and deferred income492/3 | €14k | €15k | €16k | €10k | €56k | ▲ 467% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144k | €163k | €217k | €-74k | €9k | ▲ 113% |
| + Depreciation and write-downs630 | €139k | €121k | €121k | €292k | €230k | ▼ 21.4% |
| Operating cash flow (approximation) | €283k | €283k | €338k | €218k | €239k | ▲ 9.7% |
| Investment in fixed assets (approximation) | - | €344k | €-1.57M | €-869k | €-129k | ▲ 85.2% |
| Change in cash | - | €953k | €-1.82M | €-777k | €87k | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zandhoven · 2 establishment units since 1992
Ground area
1,930 m²
Building footprint
842 m²
Volume, LiDAR
9,517 m³
2 parcels, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
RECONSULT NV
since 19922.057.204.605
RECONSULT NV
since 19952.057.204.704
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054B0498/00N000 | Flanders | 1,304 m² | 1 · 216 m² | 16.1 m · 2 fl. |
| 11802B0276/00L000 | Flanders | 626 m² | 1 · 626 m² | 16.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 1,757 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.