Recto verso
ActiveSummary
The computed 12-month bankruptcy probability of Recto verso is 1.8% (moderate). The 2025 annual accounts show equity of €8k and a net result of €6k. Equity is shrinking by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 27786 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 4.94; short-term debt: 20.3% and cash: 23.4% of total assets), and 20.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.7%
Return on assets
62.5%
Age of the figures
9 mo
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
19202122232425
2019 to 2025 · latest year €8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 7 filingsDeviation from the deadline
2025
6 d late
2024
on the day
2023
29 d late
2022
29 d late
2021
31 d late
2020
135 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 363%
2024 · €2k
2019: €21k
2020: €29k
2021: €30k
2022: €24k
2023: €5k
2024: €2k
2019 → 2025
Total assets
€10k▲ 360%
2024 · €2k
2019: €26k
2020: €37k
2021: €35k
2022: €28k
2023: €6k
2024: €2k
2019 → 2025
Net result
€6k
2024 · €-4k
2019: €15k
2020: €8k
2021: €1k
2022: €-6k
2023: €-19k
2024: €-4k
2019 → 2025
Working capital
€8k▲ 363%
2024 · €2k
2019: €18k
2020: €26k
2021: €30k
2022: €24k
2023: €5k
2024: €2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€24k▼ 20.2%€5k▼ 77.8%€2k▼ 68.3%€8k▲ 363%
Operating result€2k-€-5k€-18k▼ 242%€-3k▲ 81.7%€6k
Net result€1k-€-6k€-19k▼ 208%€-4k▲ 80.5%€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €3k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €10k
Equity
€8k ▲ 363%
Debt
€2k ▲ 348%
Debt's share of the balance-sheet total falls from 20.8% to 20.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
4.94
Debt to equity
0.25
ROE
78.4%
ROA
62.5%
Debt ≤ 1 year
€2k▲
2024 · €449
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2k€10k▲
Current assets29/58€2k€10k▲
Amounts receivable within one year40/41€2k€8k▲
Trade receivables40-€4k
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€256€2k▲
Equity and liabilities
Total equity and liabilities10/49€2k€10k▲
Equity10/15€2k€8k▲
Contributions10/11€6k€6k=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Profit (loss) carried forward14€-5k€1k▲
Amounts payable17/49€449€2k▲
Amounts payable within one year42/48€449€2k▲
Trade debts44€330€1k▲
Suppliers440/4€330€1k▲
Taxes, remuneration and social security45€19€19=
Taxes450/3€19€19=
Other amounts payable47/48€100€517▲
Income statement
Code20242025
Other operating charges640/8€1k€919▼
Gross operating margin9900€-2k€7k▲
Operating profit (loss)9901€-3k€6k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€304€217▼
Recurring financial charges65€304€217▼
Profit (loss) for the period before taxes9903€-4k€6k▲
Profit (loss) for the period9904€-4k€6k▲
Profit (loss) for the period to be appropriated9905€-4k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€1k▲
Profit (loss) brought forward from the previous period14P€-1k€-5k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 42.35
Current ratio from 7.76 to 42.35; short-term debt falls from €4k to €130.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 135 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2018
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.
Noordstraat 139000 GentGround area
87 m²
Building footprint
87 m²
Volume, LiDAR
912 m³
Parcel 44815F3625/52M000, Flanders · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RECTO VERSO
since 20182.287.139.145
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F3625/52M000 | Flanders | 87 m² | 1 · 87 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
STESSENS RENOVATIE
BE 0723.791.036
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MAT Construction
BE 0797.506.383
Dilbeek · Eq €7,922
BAT CONSTRUCT
BE 0777.960.190
Wemmel · Eq €7,923
Kotai Design
BE 1002.034.942
Elsene · Eq €7,952
FLOORMAR BUILDING
BE 0767.423.517
Sint-Pieters-Leeuw · Eq €7,867
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 3,606 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:RECTOVERSO.BVBA@OUTLOOK.COM
Phone:0483291180