RECOVERY
ActiveRECOVERY has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-347k) and a net result of €113k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.05 in 2024; short-term debt: 897.1% and cash: 57.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
630.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7733 sector peers (2025).
NBB · sector comparisonPosition among 7733 sector peers
Solvency
better than 5%
← weakest
strongest →
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
36 d early
2023
5 d late
2022
71 d late
2021
5 d late
2020
102 d late
2019
58 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-347k▲ 24.6%
2024 · €-460k
2018: €-22k
2019: €-22k
2020: €-20k
2021: €-16k
2022: €-552k
2024: €-460k
2018 → 2025
Total assets
€18k▲ 16.1%
2024 · €15k
2018: €6
2019: €6k
2020: €85k
2021: €85k
2022: €52k
2024: €15k
2018 → 2025
Net result
€113k▲ 42.3%
2024 · €79k
2018: €7k
2019: €228
2020: €2k
2021: €4k
2022: €19k
2024: €79k
2018 → 2025
Working capital
€-150k▲ 30.0%
2024 · €-215k
2018: €-22k
2019: €-22k
2020: €-25k
2021: €-21k
2022: €-556k
2024: €-215k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€-20k-€-16k▲ 19.8%€-552k▼ 3,323%€-460k▲ 16.7%€-347k▲ 24.6%
Operating result€3k-€6k▲ 76.6%€28k▲ 398%€101k▲ 258%€153k▲ 51.9%
Net result€2k-€4k▲ 102%€19k▲ 366%€79k▲ 328%€113k▲ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 52% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€8k▲ 53.7%
Current assets
€10k▼ 1.5%
Key figures and ratios
EBITDA
€155k▲
2024 · €101k
Cash flow
€115k▲
2024 · €80k
Current ratio
0.06▲
2024 · 0.05
Quick ratio
0.06▲
2024 · 0.05
Debt / equity
-1.05▼
2024 · -1.03
ROA
630.7%▲
2024 · 514.4%
Interest coverage
572.55▲
2024 · 541.77
Debt
€365k▼
2024 · €475k
Debt ≤ 1 year
€161k▼
2024 · €225k
Debt > 1 year
€204k▼
2024 · €250k
Income taxes
€40k▲
2024 · €21k
A ratio outside any meaningful range has been withheld (balance sheet total €18k, equity €-347k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15k€18k▲
Fixed assets21/28€5k€8k▲
Tangible fixed assets22/27€5k€8k▲
Furniture and vehicles24€2k€5k▲
Other tangible fixed assets26€3k€2k▼
Current assets29/58€11k€10k▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€15k€18k▲
Equity10/15€-460k€-347k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-478k€-365k▲
Amounts payable17/49€475k€365k▼
Amounts payable after more than one year17€250k€204k▼
Financial debts170/4€250k€204k▼
Amounts payable within one year42/48€225k€161k▼
Trade debts44€287€0▼
Suppliers440/4€287€0▼
Taxes, remuneration and social security45€30k€37k▲
Taxes450/3€25k€33k▲
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€195k€124k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€630€2k▲
Other operating charges640/8€650€585▼
Gross operating margin9900€102k€155k▲
Operating profit (loss)9901€101k€153k▲
Financial charges65/66B€187€270▲
Recurring financial charges65€187€270▲
Profit (loss) for the period before taxes9903€100k€152k▲
Income taxes67/77€21k€40k▲
Profit (loss) for the period9904€79k€113k▲
Profit (loss) for the period to be appropriated9905€79k€113k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-478k€-365k▲
Profit (loss) brought forward from the previous period14P€-558k€-478k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €113k ▲42.3%
Operating result €153k, net result €113k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 58 days late
2019
31-12
Financial
Weakest financial yearnet €228 ▼96.8%
Net result drops to €228, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wuustwezel · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Everdijkruis 82990 WuustwezelGround area
2,516 m²
Building footprint
167 m²
Volume, LiDAR
910 m³
Parcel 11682G0492/00F000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RECOVERY
since 19942.068.537.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682G0492/00F000 | Flanders | 2,516 m² | 1 · 167 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 2,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-1994
Fiscal year end31-12
Activities, NACEBEL
74401
82990Other business support services
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.