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Recrelux

Active
Private limited companyfounded 200719 yrs activeWestremstraat 31, 9230 Wetteren, BelgiumKBO/BCE: BE 0887.462.502

Recrelux has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €65. Equity is shrinking by ~66.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 2288 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%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+22
Solvency22=
Growth32=
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 0.72 against 0.52 in 2024; short-term debt: 23.3% and cash: 8.8% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 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
-3%
Return on assets
0%
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 25% of 2288 sector peers (2025).
NBB · sector comparison
Position among 2288 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
18 d late
2024
32 d early
2023
30 d early
2022
62 d early
2021
54 d early
2020
58 d early
2019
50 d early
← 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 months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€-7k▲ 0.9%
2024 · €-7k
2018: €49k 2019: €50k 2020: €15k 2021: €21k 2022: €10k 2023: €10k 2024: €-7k
2018 → 2025
Total assets
€230k▼ 4.2%
2024 · €240k
2018: €347k 2019: €309k 2020: €239k 2021: €288k 2022: €274k 2023: €241k 2024: €240k
2018 → 2025
Net result
€65
2024 · €-17k
2018: €1k 2019: €362 2020: €-35k 2021: €6k 2022: €-12k 2023: €216 2024: €-17k
2018 → 2025
Working capital
€-15k▲ 74.6%
2024 · €-59k
2018: €62k 2019: €45k 2020: €16k 2021: €23k 2022: €-5k 2023: €-18k 2024: €-59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€21k-€10k▼ 55.6%€10k▲ 2.3%€-7k€-7k▲ 0.9%
Operating result€23k-€3k▼ 88.4%€14k▲ 420%€-3k€12k
Net result€6k-€-12k€216€-17k€65
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €23k€23kNet result 2021: €6k€6kOperating result 2022: €3k€3kNet result 2022: €-12k€-12kOperating result 2023: €14k€14kNet result 2023: €216€216Operating result 2024: €-3k€-3kNet result 2024: €-17k€-17kOperating result 2025: €12k€12kNet result 2025: €65€6520212022202320242025
The operating result returns to profit in 2025: €12k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €230k
Fixed assets €191k▲ 9.1%
Current assets €38k▼ 40.3%
Key figures and ratios
2025 value · change against 2024
EBITDA
€45k
2024 · €29k
Cash flow
€33k
2024 · €15k
Solvency
-3.0%
2024 · -2.9%
Current ratio
0.72
2024 · 0.52
Quick ratio
0.65
2024 · 0.49
Debt / equity
-34.51
2024 · -35.64
ROA
0.0%
2024 · -6.9%
Interest coverage
3.80
2024 · 2.13
Debt
€237k
2024 · €247k
Debt ≤ 1 year
€53k
2024 · €124k
Debt > 1 year
€183k
2024 · €123k
Income taxes
€375
2024 · €455
Staff costs
€21k
2024 · €19k
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€240k€230k
Fixed assets21/28€175k€191k
Tangible fixed assets22/27€175k€191k
Land and buildings22€147k€130k
Plant, machinery and equipment23€12k€20k
Furniture and vehicles24€16k€41k
Financial fixed assets28€100€100=
Current assets29/58€64k€38k
Stocks and contracts in progress3€4k€4k
Stocks30/36€4k€4k
Amounts receivable within one year40/41€7k€9k
Trade receivables40€5k€6k
Other amounts receivable41€1k€3k
Cash at bank and in hand54/58€46k€20k
Deferred charges and accrued income490/1€7k€5k
Equity and liabilities
Total equity and liabilities10/49€240k€230k
Equity10/15€-7k€-7k
Contributions10/11€20k€20k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-35k€-35k
Amounts payable17/49€247k€237k
Amounts payable after more than one year17€123k€183k
Financial debts170/4€123k€83k
Other amounts payable178/9-€100k
Amounts payable within one year42/48€124k€53k
Current portion of amounts payable after more than one year42€41k€40k
Financial debts43€50k-
Credit institutions430/8€50k-
Trade debts44€20k€6k
Suppliers440/4€20k€6k
Advances received on contracts in progress46€420€780
Taxes, remuneration and social security45€3k€7k
Taxes450/3€1k€4k
Remuneration and social security454/9€2k€3k
Other amounts payable47/48€9k-
Accrued charges and deferred income492/3€603-
Income statement Code20242025
Remuneration, social security and pensions62€19k€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k
Other operating charges640/8€4k€4k
Gross operating margin9900€52k€70k
Operating profit (loss)9901€-3k€12k
Financial income75/76B€26€61
Recurring financial income75€26€61
Financial charges65/66B€14k€12k
Recurring financial charges65€14k€12k
Profit (loss) for the period before taxes9903€-16k€439
Income taxes67/77€455€375
Profit (loss) for the period9904€-17k€65
Profit (loss) for the period to be appropriated9905€-17k€65
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-35k
Profit (loss) brought forward from the previous period14P€-18k€-35k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial Back to profitnet €65
Net result €65 after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €216
Net result €216 after one loss-making year.
30-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
03-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-35k ▼9686%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Wetteren · 1 establishment unit since 2007
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.

Westremstraat 319230 Wetteren
Ground area
1,164 m²
Building footprint
320 m²
Volume, LiDAR
876 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Berenbos
Warandelaan 51, 9230 WetterenNACE 5530105
since 20072.161.960.447
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42024C0270/00H000 Flanders 823 m² 1 · 143 m² 9.6 m · 2 fl.
42302D0897/00R005 Flanders 342 m² 1 · 178 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 2 entries · 10,103 EUR awarded · 10,103 EUR paid
Year Entries awardedpaid
2022 2 10,103 EUR10,103 EUR
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
1 entry · 7,788 EUR · 7,788 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams beschermingsmechanisme 12 (stopgezet)
1 entry · 2,315 EUR · 2,315 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wetteren2.161.960.447
1 permission
Toelating · Eetgelegenheid · since 22-12-2007

Similar companies · same sector, comparable size

Of 6,726 companies in sector 93299 we hold annual accounts for 1,168. 668 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-02-2007
Fiscal year end31-12
Activities, NACEBEL
92332
92724
93210Sports, amusement and recreation activities
93212Sports, amusement and recreation activities
93299Other amusement and recreation activities
68121Development of residential building projects
55301
56101Full-service restaurants
56111Full-service restaurants
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.