Turnover
≈ €1.4m estimated
The abbreviated format states no turnover.
RECOTEX
Lifetime
1 annual account with figurespeak €651,567 (2024)
€651,567
peak €204,455 (2024)
€204,455
peak €304,455 (2024)
€304,455
€2.7m
peak 4.6 FTE (2024)
4.6 FTE
Board6 names since 2023
4 directors and 3 others
Owners5 names in the annual accounts
45% and 2 others
Documentsfilings and deeds
18-08-202518 days late
2024abbreviated format
Resignation: (director) 26-11Purpose change 16-04First year with figures
Key points
from the 2024 annual accountsDebts
€2.7m 90% of the balance sheet
Financial debts 7%Suppliers 27%Taxes and wages 4%Other 63%
Of this, €1.1m falls due within a year.
Position in the sector
10.1%
Lower solvency than 82% of companies in construction of buildings. Sector median 38.4% · 2,041 companies.
2024 accounts filed 18 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as RECOTEX has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% 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.
| 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 7,974 companies, not a prediction for RECOTEX. 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,
Director,
Director,
Director,
- 48%equity €95,197 (2025) · 2025 annual accounts of
- 18.33%score equity €91,736 (2025) · 30-06-2025 annual accounts of
- 18.33%score equity €112,950 (2025) · 30-06-2025 annual accounts of
Recent changes
Environmental permit granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging · Gent
Environmental permit granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging · Kortrijk
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000346548
Company renamed from Renotex to RECOTEX
General meeting of 21-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RECOTEX Wetteren | €3.0m | €651,567 | 10.1% | 4.6 |
| Savels-VDB Zuienkerke | €2.3m | €487,799 | 14.6% | 3.8 |
| JOREN MARTENS Lommel | €2.8m | €453,165 | 15.1% | 3.2 |
| EMPOWERGROUP Antwerp | €3.0m | €582,783 | 20.6% | 5 |
| 3V Build Antwerp | €2.4m | €723,591 | 19.5% | 2.4 |
| PLEISTERWERKEN DU.SAN PLAFONNAGE Kortrijk | €2.6m | €619,456 | 40.4% | 4.9 |
| Ghira Construct Lommel | €2.5m | €345,389 | 9.2% | 4.3 |
These companies have the same main activity as RECOTEX: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.3m and €3m, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 27-09-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.349.811.4399230 Wetteren, since 01-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Companies linked to RECOTEX
Shareholders
- 12.5%
Insights on RECOTEX
The 2024 annual accounts show equity of €304,455 and a net result of €204,455. Its solvency ranks better than 17% of 2,041 sector peers (NACE 41, financial year 2024).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 RECOTEX
- What is the company number of RECOTEX?
- The company number of RECOTEX is 1000.346.548. The VAT number is the same number with BE in front: BE 1000.346.548.
- Where is RECOTEX based?
- The registered office is at Oosterzelesteenweg 113 A-C, 9230 Wetteren.Company details
- What does RECOTEX do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of RECOTEX?
- RECOTEX is a private limited company (BV).
- When was RECOTEX founded?
- RECOTEX was founded on 27-09-2023.
- Is RECOTEX still active?
- Yes, RECOTEX is an active enterprise in the KBO register.
- How many employees does RECOTEX have?
- RECOTEX had an average of 4.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of RECOTEX?
- The turnover in financial year 2024 is ≈ €1.4m. This figure is estimated from the gross margin of €651,567 and 30 comparable companies (NACE 41001). It probably lies between €1.1m and €2.1m.
- Is RECOTEX profitable?
- In financial year 2024, RECOTEX made a profit of €204,455.
- Where can I find the annual accounts of RECOTEX?
- RECOTEX filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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