Equity
-€6,846
Debts exceed assets in financial year 2025.
ReCreate Development
Lifetime
1 annual account with figurespeak -€8,094 (2025)
-€8,094
lowest -€8,846 (2025)
-€8,846
peak -€6,846 (2025)
-€6,846
€18,304
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
26-08-202626 days late
2025abbreviated format
Loss of €8,846First year with figures
2 names are hidden.
Create a free account or sign in to see the names.
Key points
from the 2025 annual accountsDebts
€18,304 160% of the balance sheet
Position in the sector
-59.8%
Lower solvency than 95% of companies in real estate. Sector median 30.7% · 11,297 companies.
2025 accounts filed 26 days after the deadlineTurnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as ReCreate Development has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for ReCreate Development. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The Checked score is hidden.
Create a free account or sign in to see the score and the bankruptcy probability.
Signals
7 signals are hidden.
Create a free account or sign in to see the signals.
Board and ownership
Director
Director
- 10 sharesdeed of 19-03-2024
- 10 sharesdeed of 19-03-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007174853
Incorporation
Founding capital of €2,000, 20 shares · Founders: and · Appointments: (director) and (director) · published on 19-03-2024 · Gazette deed
2 names are hidden.
Create a free account or sign in to see the names.
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ReCreate Development La Hulpe | €11,458 | -€8,094 | -59.8% | - |
| SmartBuilding.Ventures Antwerp | €10,648 | €204 | 92.4% | - |
| MERCURIUS INVEST Heusden-Zolder | €10,028 | -€79,498 | -917.1% | - |
| SORECO De Haan | €13,893 | €610 | 88.1% | - |
| VANI PROJECTS Londerzeel | €13,404 | -€10,132 | -122.6% | - |
| VVS Woningbouw Affligem | €14,754 | -€2,096 | 100.0% | - |
| B & C VAN WAUWE Nijlen | €13,571 | -€1,592 | 1.6% | - |
These companies have the same main activity as ReCreate Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €10,000 and €14,800, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 15-03-2024Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Insights on ReCreate Development
ReCreate Development has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,846) and a net result of -€8,846.
Its solvency ranks better than 5% of 11,297 sector peers (NACE 68, financial year 2025).
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 ReCreate Development
- What is the company number of ReCreate Development?
- The company number of ReCreate Development is 1007.174.853. The VAT number is the same number with BE in front: BE 1007.174.853.
- Where is ReCreate Development based?
- The registered office is at Clos du Ransbeck 1, 1310 La Hulpe.Company details
- What does ReCreate Development do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of ReCreate Development?
- ReCreate Development is a private limited company (BV).
- When was ReCreate Development founded?
- ReCreate Development was founded on 15-03-2024.
- Is ReCreate Development still active?
- Yes, ReCreate Development is an active enterprise in the KBO register.
- What is the turnover of ReCreate Development?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is ReCreate Development profitable?
- In financial year 2025, ReCreate Development made a loss of €8,846.
- Where can I find the annual accounts of ReCreate Development?
- ReCreate Development filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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 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 Compare this company with its sector.Sector benchmark Estimate what this company is worth.Value indication
See how customers, suppliers and banks see your own company and what to improve first.