RecReate

Active

Private limited companyfounded 20196 yrs activeSnoekstraat 43, 9940 Evergem, BelgiumKBO/BCE: BE 0739.737.935

The computed 12-month bankruptcy probability of RecReate is 2.6% (moderate). The 2025 annual accounts show equity of €4k and a net result of €-4k. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 7376 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

46 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability51▼-30

Solvency39▼-7

Growth32▼-46

Track record100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

14.2%

Return on assets

-13.9%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7376 sector peers (2025).

NBB · sector comparison

Position among 7376 sector peers

Solvency

better than 21%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

11 d early

2024

on the day

2023

47 d early

2022

63 d early

2021

26 d early

2020

25 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close19-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€4k▼ 49.8%

2024 · €8k

2020: €6k 2021: €6k 2022: €15k 2023: €4k 2024: €8k

2020 → 2025

Total assets

€29k▼ 25.6%

2024 · €39k

2020: €20k 2021: €19k 2022: €19k 2023: €28k 2024: €39k

2020 → 2025

Net result

€-4k

2024 · €4k

2020: €3k 2021: €448 2022: €9k 2023: €-8k 2024: €4k

2020 → 2025

Working capital

€7k▼ 47.6%

2024 · €13k

2020: €6k 2021: €14k 2022: €14k 2023: €11k 2024: €13k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€6k-€15k▲ 151%€4k▼ 71.5%€8k▲ 86.9%€4k▼ 49.8%

Operating result€-1k-€9k€-4k€6k€813▼ 86.9%

Net result€448-€9k▲ 1,961%€-8k€4k€-4k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 87% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €29k

46.7%

53.3%

Fixed assets €13k▲ 15.0%

Current assets €15k▼ 43.2%

Equity and liabilities €29k

14.2%

85.8%

Equity €4k▼ 49.8%

Debt €25k▼ 19.1%

The debt ratio rises from 79.0% to 85.8%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€4k▼

2024 · €8k

Cash flow

€-1k▼

2024 · €6k

Solvency

14.2%▼

2024 · 21.0%

Current ratio

1.76▼

2024 · 1.88

Quick ratio

1.76▼

2024 · 1.77

Debt / equity

6.05▲

2024 · 3.75

ROE

-97.6%▼

2024 · 46.5%

ROA

-13.9%▼

2024 · 9.8%

Interest coverage

22.74▼

2024 · 47.85

Debt

€25k▼

2024 · €31k

Debt ≤ 1 year

€9k▼

2024 · €14k

Debt > 1 year

€16k=

2024 · €16k

Income taxes

€5k▲

2024 · €2k

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€39k€29k▼

Fixed assets21/28€12k€13k▲

Tangible fixed assets22/27€12k€13k▲

Land and buildings22€8k€7k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€2k€5k▲

Financial fixed assets28€105€105=

Current assets29/58€27k€15k▼

Stocks and contracts in progress3€2k€0▼

Stocks30/36€2k€0▼

Amounts receivable within one year40/41€24k€15k▼

Trade receivables40€22k€15k▼

Other amounts receivable41€2k€96▼

Cash at bank and in hand54/58€2k€201▼

Equity and liabilities

Total equity and liabilities10/49€39k€29k▼

Equity10/15€8k€4k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€5k€1k▼

Amounts payable17/49€31k€25k▼

Amounts payable after more than one year17€16k€16k=

Financial debts170/4€16k€16k=

Amounts payable within one year42/48€14k€9k▼

Current portion of amounts payable after more than one year42€4k€4k=

Trade debts44€3k€2k▼

Suppliers440/4€3k€2k▼

Taxes, remuneration and social security45€1k€0▼

Taxes450/3€300€0▼

Remuneration and social security454/9€808€0▼

Other amounts payable47/48€7k€2k▼

Accrued charges and deferred income492/3€194€0▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲

Other operating charges640/8€942€1k▲

Non-recurring operating charges66A€0-

Gross operating margin9900€9k€5k▼

Operating profit (loss)9901€6k€813▼

Financial income75/76B€2€0▼

Recurring financial income75€2€0▼

Financial charges65/66B€166€163▼

Recurring financial charges65€166€163▼

Profit (loss) for the period before taxes9903€6k€650▼

Income taxes67/77€2k€5k▲

Profit (loss) for the period9904€4k€-4k▼

Profit (loss) for the period to be appropriated9905€4k€-4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€5k€1k▼

Profit (loss) brought forward from the previous period14P€1k€5k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 4Filings 6

Next filing, fiscal year 2026, expected by 31-01-2027

2026

20-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

2023

15-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

30-06

Financial Weakest financial yearnet €-8k ▼187%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

2022

29-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

30-06

Financial Highest result since 2020net €9k ▲1961%

Operating result €9k, net result €9k, both a record.

05-01

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-06

Financial Liquidity triplescurrent ratio 4.56

Current ratio from 1.39 to 4.56; short-term debt falls from €14k to €4k.

06-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Evergem · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Snoekstraat 439940 Evergem

Ground area

416 m²

Building footprint

97 m²

Parcel 43006I0070/00M000, Flanders. Linked by address, not a title deed.

1 establishment unit

Snoekstraat 43, 9940 Evergem

General construction of buildings

since 20202.297.881.993

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43006I0070/00M000	Flanders	416 m²	1 · 96 m²	0.0 m

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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 485 EUR awarded · 485 EUR paid

Year	Entries	awarded	paid
2024	1	65 EUR	65 EUR
2023	1	298 EUR	298 EUR
2022	1	122 EUR	122 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 485 EUR · 485 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 5,675 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-12-2019

Fiscal year end30-06

Activities, NACEBEL

41001General construction of residential buildings

43221Plumbing work

43320Joinery installation

77110Renting and leasing of cars and light motor vehicles

96022Beauty treatment

96220Beauty care and other beauty treatments

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.