RECTILUX

Active

Public limited companyfounded 198640 yrs activeGrand-Rue,Marbehan 103, 6724 Habay, BelgiumKBO/BCE: BE 0429.194.712

RECTILUX has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337k and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 2506 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

22 / 100

Critical▼ -42 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-3

Solvency75▼-2

Growth78=

Stability100

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 0.86 against 0.95 in 2024), and 25.9% of the assets are financed with debt.

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.

−lowers risk+raises risk○neutral

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 29

Relative position

BE, all sectors

reference

Sector 29

lower

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

92 d early

2024

26 d late

2023

132 d early

2022

6 d early

2021

19 d late

2020

27 d late

2019

45 d early

← before the deadline after the deadline →

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

13-09-2026 today31-12-2026 close31-07-2027 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

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-16k

2024 · €2k

2018: €-26k 2019: €-42k 2020: €-11k 2021: €-6k 2022: €-30k 2023: €-65k 2024: €2k

2018 → 2025

Working capital

€-16k▼ 203%

2024 · €-5k

2018: €55k 2019: €36k 2020: €50k 2021: €53k 2022: €29k 2023: €-20k 2024: €-5k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€80k-€50k▼ 37.4%€351k▲ 606%€353k▲ 0.6%€337k▼ 4.6%

Operating result€-2k-€-25k▼ 1,519%€-59k▼ 138%€10k€-10k

Net result€-6k-€-30k▼ 406%€-65k▼ 120%€2k€-16k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €10k after €10k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €455k

77.6%

22.4%

Fixed assets €353k▼ 1.6%

Current assets €102k▲ 10.9%

Equity and liabilities €455k

74.1%

25.9%

Equity €337k▼ 4.6%

Debt €118k▲ 20.9%

The debt ratio rises from 21.6% to 25.9%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€6k▼

2024 · €25k

Cash flow

€-604▼

2024 · €17k

Solvency

74.1%▼

2024 · 78.4%

Current ratio

0.86▼

2024 · 0.95

Quick ratio

0.24▲

2024 · 0.22

Debt / equity

0.35▲

2024 · 0.28

ROE

-4.8%▼

2024 · 0.6%

ROA

-3.6%▼

2024 · 0.5%

Interest coverage

0.91▼

2024 · 3.13

Debt

€118k▲

2024 · €97k

Debt ≤ 1 year

€118k▲

2024 · €97k

Staff costs

€116k▲

2024 · €108k

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€451k€455k▲

Fixed assets21/28€359k€353k▼

Tangible fixed assets22/27€359k€353k▼

Land and buildings22€359k€350k▼

Plant, machinery and equipment23-€3k

Current assets29/58€92k€102k▲

Stocks and contracts in progress3€70k€73k▲

Stocks30/36€70k€73k▲

Amounts receivable within one year40/41€12k€20k▲

Trade receivables40€9k€13k▲

Other amounts receivable41€2k€7k▲

Cash at bank and in hand54/58€9k€3k▼

Deferred charges and accrued income490/1€1k€5k▲

Equity and liabilities

Total equity and liabilities10/49€451k€455k▲

Equity10/15€353k€337k▼

Contributions10/11€175k€175k=

Capital10€175k€175k=

Issued capital100€175k€175k=

Revaluation surpluses12€367k€367k=

Reserves13€18k€18k=

Non-distributable reserves130/1€18k€18k=

Legal reserve130€18k€18k=

Profit (loss) carried forward14€-207k€-223k▼

Amounts payable17/49€97k€118k▲

Amounts payable within one year42/48€97k€118k▲

Current portion of amounts payable after more than one year42€2k€7k▲

Financial debts43€53k€55k▲

Credit institutions430/8€53k€55k▲

Trade debts44€20k€21k▲

Suppliers440/4€20k€21k▲

Advances received on contracts in progress46-€13k

Taxes, remuneration and social security45€14k€18k▲

Taxes450/3€5k€7k▲

Remuneration and social security454/9€10k€10k▲

Other amounts payable47/48€8k€3k▼

Accrued charges and deferred income492/3€452-

Income statement Code20242025

Non-recurring operating income76A€8k-

Remuneration, social security and pensions62€108k€116k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲

Other operating charges640/8€10k€16k▲

Gross operating margin9900€142k€138k▼

Operating profit (loss)9901€10k€-10k▼

Financial income75/76B€1€10▲

Recurring financial income75€1€10▲

Financial charges65/66B€8k€7k▼

Recurring financial charges65€8k€7k▼

Profit (loss) for the period before taxes9903€2k€-16k▼

Profit (loss) for the period9904€2k€-16k▼

Profit (loss) for the period to be appropriated9905€2k€-16k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-207k€-223k▼

Profit (loss) brought forward from the previous period14P€-209k€-207k▲

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

All 15Financial 3Gazette 2Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-07

State Gazette act Capital & shares · Purpose · Statutes amendment · Resignations & appointments · Restructuring

General meeting · Merger · Dissolution9 facts ▸

General meeting, 2026-06-04
Merger, absorption, 2026-06-04
Dissolution, 2026-06-04
Net-asset statement, 2025-12-31
Accounting effect, 2026-01-01
Share cancellation, 494
Purpose change, La société a pour objet de faire toutes opérations se rapportant 1) à l'exploitation d'atelier autonome de mécanique générale (rectification de moteurs à essenc…
Capital, €175.380
Power of attorney, Organe d'administration de RECTILUX

30-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

27-03

State Gazette act Restructuring

Merger · Accounting effect · Net-asset statement7 facts ▸

Merger, fusion par absorption, 01/01/2026
Accounting effect, 01/01/2026
Net-asset statement, 31/12/2025
Capital, €175.380
Capital, €28.500
Corporate purpose, La société a pour objet de faire toutes opérations se rapportant : 1) à l'exploitation d'atelier autonome de mécanique générale (rectification de moteurs à esse…
Corporate purpose, La société a pour objet la gestion au sens large de toutes sociétés ou entreprises de droit belge ou de droit étranger, commerciales, industrielles, financières…

2025

26-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2024

31-12

Financial Back to profitnet €2k

Net result €2k after 6 loss-making years.

21-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-65k

Net result drops to €-65k, the lowest in the series; recovery starts the following year.

31-12

Financial Equity above €200kEq €351k ▲606%

Equity rises from €50k to €351k.

25-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

19-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 19 days late

2021

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

2020

16-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

21-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

13-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

12 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Habay · 1 establishment unit since 1986

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.

Grand-Rue,Marbehan 1036724 Habay

Ground area

984 m²

Building footprint

111 m²

Volume, LiDAR

954 m³