Equity
€2.2m ▲ 11.8%
RECTAVIT has made a profit in every financial year since 2006.
RECTAVIT
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €16.2m (2025)
€16.2m▲ 0.5%
peak €768,332 (2009)
€236,188▲ 12.5%
peak €3.6m (2022)
€2.2m▲ 11.8%
€2.2m▼ 19.8%
peak 23.9 FTE (2025)
23.9 FTE▲ 1.7%
Board5 names since 2016
4 directorsDirk Coorevits and 3 others
Owners2 names in the annual accounts
consolidatesSOUDAL HOLDING
Documentsfilings and deeds
10-08-202610 days late
2025financial year
Debts from €2.7m to €2.2m
Key points
from the 2025 annual accountsPayment terms
51 days to suppliers
RECTAVIT pays its suppliers 13 days earlier than in 2024. Customers pay 2 days later.
Filings
49 annual accounts 50 filings since 1977
Two of the last ten came late. The 2017 accounts came latest: 29 days after the end of the period.
Checked score
90
Excellent
Financially stronger than 37% of small companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 147 companies (NACE 20, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.6 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.1%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.01, cash €164
lowers risk
Size: turnover €16.2m, 23.9 FTE, total assets €4.4m
Founded in 1951
Profit of €236,188 (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, small). It does better than 53% of them on solvency, 15% on liquidity, 19% on profitability and 61% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as RECTAVIT has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of RECTAVIT itself: 0.1% within 12 months.
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 20,137 companies, not a prediction for RECTAVIT. 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 of up to €200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.01 (1.73 in 2024), above the usual 1.5. Short-term debt is 49.5% and cash 0% of total assets. 49.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.2m
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 days late
2024
14 days early
2023
5 days early
2022
17 days early
2021
16 days early
2020
1 day early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
PI
PMR Invest Comm. V
Director, Bart Moonen, since 30-06-2022
- SOUDAL HOLDING 99.98%equity €187.0m (2025) · 2023 annual accounts of SOUDAL HOLDING
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0406239760
Amendment of the articles
General meeting of 22-12-2023 · Gazette deed
1 statutory auditor reappointed
Vyvey & C° Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Steven Vyvey and Victor Swerts · General meeting of 30-06-2023 · Gazette deed
4 directors reappointed
Jonelinvest NV (managing director), Dirk Coorevits, Jurgen Vandervelden and PMR Invest Comm. V · Permanent representatives: Victor Swerts and Bart Moonen · General meeting of 30-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RECTAVIT Lochristi | €16.2m | 3.9% | 50.3% | 23.9 |
| Smithers - Oasis Belgium Houthalen-Helchteren | €13.8m | 5.5% | 57.7% | 18.1 |
| UNIL LUBRICANTS Sint-Pieters-Leeuw | €9.5m | -2.3% | 37.1% | 24.5 |
| OMNICOL Ravels | €18.2m | 5.1% | 61.2% | 39.6 |
| COMPAKTUNA Ghent | €20.2m | 14.8% | 54.4% | 43.4 |
| GLUECOM Lokeren | €18.5m | 12.5% | 39.6% | 28.3 |
| DEVAN CHEMICALS Ronse | €10.7m | -1.1% | 48.5% | 16.4 |
Grey: the largest companies of the sector (chemicals (NACE 20)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as RECTAVIT: manufacture of chemicals and chemical products (NACE 20590). They are comparable in size and age: total assets between €7.8m and €12m, founded between 1963 and 1979.
Official details
Source: KBO- Status
- Active since 24-01-1951Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20590
- Joint committees
- 116Chemical industry
- 207White-collar workers in the chemical industry · annual accounts 2025
- Establishment unit
- 2.003.341.0979080 Lochristi, since 01-02-1951
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Companies linked to RECTAVIT
Parent and group
Insights on RECTAVIT
RECTAVIT has existed since 1951. Turnover grew from €6.8m in 2006 to €16.2m in 2025.
Solvency rose in 2025 from 41.7% to 50.3% because of the retained profit and lower debts.
SOUDAL HOLDING holds all the shares. In October 2022, the Official Gazette published the appointment of Jonelinvest NV as managing director.
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 RECTAVIT
- What is the company number of RECTAVIT?
- The company number of RECTAVIT is 0406.239.760. The VAT number is the same number with BE in front: BE 0406.239.760.
- Where is RECTAVIT based?
- The registered office is at Ambachtenlaan 4, 9080 Lochristi.Company details
- What does RECTAVIT do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20590).
- What is the legal form of RECTAVIT?
- RECTAVIT is a public limited company (NV).
- When was RECTAVIT founded?
- RECTAVIT was founded on 24-01-1951.
- Is RECTAVIT still active?
- Yes, RECTAVIT is an active enterprise in the KBO register.
- How many employees does RECTAVIT have?
- RECTAVIT had an average of 23.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does RECTAVIT fall under?
- In its 2025 annual accounts, RECTAVIT states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
- What is the turnover of RECTAVIT?
- The turnover of RECTAVIT was €16.2m in financial year 2025, according to the filed annual accounts.
- Is RECTAVIT profitable?
- In financial year 2025, RECTAVIT made a profit of €236,188.
- Where can I find the annual accounts of RECTAVIT?
- RECTAVIT filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RECTAVIT due?
- RECTAVIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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