RECOVA
ActiveFrom the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
RECOVA has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293,925 and a net result of -€60,908. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 48% of 823 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Geert Wellens |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 11. - Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bestuursbevoegdheden aan hem…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder”1 more provision on this in the deed
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding en vereffening in een akte overeenkomstig Wetboek van vennootschappen en verenigingen, een of meerdere vereffenaars aanduiden en…”
Articles of association, deed of 13-12-2023
Owners and capital
Capital transactions
- 13-12-2023 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door WVV”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- One provision in the deed
deed of 13-12-2023 (in Dutch)