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ReCreate Development

Active
Private limited companyfounded 20242 yrs activeClos du Ransbeck 1, 1310 La Hulpe, BelgiumKBO/BCE: BE 1007.174.853
Summary

The computed 12-month bankruptcy probability of ReCreate Development is 1.7% (moderate). The 2025 annual accounts show negative equity (-€6,846) and a net result of -€8,846. Its solvency ranks better than 5% of 9268 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63; short-term debt: 159.8% and cash: 21.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-59.8%
Return on assets
-77.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 15 March 2024, ReCreate Development was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€6,846
Total assets
€11,458
Net result
-€8,846
Working capital
-€6,846

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

Key figures and ratios
2025 value
EBITDA
-€8,094
Cash flow
-€8,183
Solvency
-59.8%
Current ratio
0.63
Quick ratio
0.14
Debt to equity
-2.67
ROA
-77.2%
Interest coverage
-90.99
Debt
€18,304
Debt ≤ 1 year
€18,304
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 25 lines
Balance sheet Code2025
Assets
Total assets20/58€11,458
Current assets29/58€11,458
Stocks and contracts in progress3€8,861
Stocks30/36€8,861
Amounts receivable within one year40/41€103
Other amounts receivable41€103
Cash at bank and in hand54/58€2,493
Equity and liabilities
Total equity and liabilities10/49€11,458
Equity10/15-€6,846
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14-€8,846
Amounts payable17/49€18,304
Amounts payable within one year42/48€18,304
Other amounts payable47/48€18,304
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€663
Gross operating margin9900-€8,094
Operating profit (loss)9901-€8,757
Financial charges65/66B€89
Recurring financial charges65€89
Profit (loss) for the period before taxes9903-€8,846
Profit (loss) for the period9904-€8,846
Profit (loss) for the period to be appropriated9905-€8,846
Appropriation of the result
Profit (loss) to be appropriated9906-€8,846
Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€663
Gross operating margin9900-€8,094
Operating profit (loss)9901-€8,757
Financial charges65/66B€89
Recurring financial charges65€89
Profit (loss) for the period before taxes9903-€8,846
Profit (loss) for the period9904-€8,846
Profit (loss) for the period to be appropriated9905-€8,846
Line2025
Assets
Total assets20/58€11,458
Current assets29/58€11,458
Stocks and contracts in progress3€8,861
Stocks30/36€8,861
Amounts receivable within one year40/41€103
Other amounts receivable41€103
Cash at bank and in hand54/58€2,493
Equity and liabilities
Total equity and liabilities10/49€11,458
Equity10/15-€6,846
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14-€8,846
Amounts payable17/49€18,304
Amounts payable within one year42/48€18,304
Other amounts payable47/48€18,304
Line2025
Profit (loss) for the period9904-€8,846
+ Depreciation and write-downs630€663
Operating cash flow (approximation)-€8,183

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, La Hulpe
exact location from the address register On OpenStreetMap
Ground area
1,524 m²
Building footprint
152 m²
Volume, LiDAR
1,013 m³
Parcel 25050C0053/00X006, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25050C0053/00X006 Wallonia 1,524 m² 1 · 152 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate

Scores and ratios are computed by Checked and are not a credit decision.