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RECURSIVE

Active Private limited companyfounded 2009active for 17 yearsFranklin Rooseveltlaan 190, 1050 BrusselsKBO/BCE: BE 0809.593.078
RECURSIVE
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Overview

Lifetime

17 annual accounts with figures on one time axis
peak €120,805 (2024)
-€14,965▼ €135,770
lowest -€12,067 (2025)
-€12,067▼ €70,162
peak €471,837 (2024)
€350,660▼ 25.7%
€768▼ 98.0%
Board1 name since 2021
1 directorVIKTOR KOSTA
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €120,805 to -€14,965Loss of €12,067Dividend €136,400Equity from €471,837 to €350,660Debts from €38,638 to €768Cash from €431,658 to €243,900

Key points

from the 2025 annual accounts

Equity

€350,660 ▼ 25.7%
471,8372024-12,067Loss-136,400Dividend+27,290Other350,6602025

RECURSIVE paid out €136,400 in dividends in a year with a loss of €12,067.

Result

-€12,067 -€12,067
€58,1002024-€12,1002025

From profit to loss in 2025, after a profit of €58,095 in 2024.

Filings

17 annual accounts 61 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Checked score

94
Excellent
Financially stronger than 55% of micro companies in computer programming and consultancy (NACE 62)
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 25,933 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4%highest value 01-2025: 0.2%▼ -0.2 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.3 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 99.8% of total assets
100=short-term debt 0.2% · cash 69.4%
29-54return on assets -3.4%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Loss of €12,067 (financial year 2025)
lowers risk
Liquidity: current ratio 457.06, cash €243,900
Equity €350,660 (99.8% of total assets)
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 62, micro). It does better than 85% of them on solvency, 96% on liquidity, 16% on profitability and 22% 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, 6,908 companies had the same profile as RECURSIVE has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RECURSIVE 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,908 companies, not a prediction for RECURSIVE. 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 €30,000 on 30-day terms is acceptable

Short-term debt is 0.2% and cash 69.4% of total assets. 0.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 457.06, cash €243,900
NBB · annual accounts
lowers risk · Equity €350,660 (99.8% of total assets)
NBB · annual accounts
raises risk · Loss of €12,067 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
61 days late
2023
191 days late
2022
30 days late
2021
31 days late
2020
45 days late
2019
61 days late
← 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 69 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 30 September (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VK
VIKTOR KOSTA
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0809593078
Registered office moved from Ixelles to Brussels New registered office: AVENUE FRANKLIN ROOSEVELT 190 BOITE 3 1050 BRUXELLES · Previous registered office: AVENUE GEORGE BERGMANN 65, BOITE 10 1050 IXELLES · Gazette deed
Legal-form change · Resignations & appointments Board composition: KOSTA Viktor (director) · Gazette deed
Registered office moved within Brussels New registered office: AVENUE GEORGE BERGMANN 65/10 1050 BRUXELLES · Previous registered office: AVENUE DES SCARABEES 1 1000 BRUXELLES · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
RECURSIVE Brussels €351,428 -€14,965 99.8% -
DEVBRIDGES Woluwe-Saint-Lambert €351,686 -€18,406 64.7% -
TACYTA Sint-Gillis (bij-Brussel) €312,067 -€19,393 90.9% -
MAKE IT REAL Watermael-Boitsfort €387,006 -€19,934 21.0% -
@GCIS Waterloo €361,282 -€23,801 43.0% -
DANNAUX CONSULTING Oud-Heverlee €347,157 -€17,368 92.8% -
EURUS Bruges €344,489 -€6,727 16.5% -

These companies have the same main activity as RECURSIVE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €312,000 and €387,000, founded between 2007 and 2011.

Official details

Source: KBO
Status
Active since 04-02-2009Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.176.682.8691050 Ixelles, since 04-02-2009
Financial year end
31 December
Peppol
Reachable since 24-12-2024
Company details

Annual accounts 2025

-€14,965
€12,067
€350,660▼ 25.7%
€351,428▼ 31.2%
Filing
Filed on 30-09-2026
Financials

Insights on RECURSIVE

RECURSIVE files the micro format. That format states no turnover. The gross margin fell from €50,295 in 2009 to -€14,965 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
-€14,965
▼ €135,770
-€17,552
▼ €135,457
-€15,365
▼ €135,685
-€9,880
▼ €70,390
99.8%
▲ 7.4 percentage points
-

Turnover: not included in this filing.

Money flows

no detail for 2025

Balance sheet

balance sheet total €351,428 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

99.8%

Higher than 95% of 21,208 companies in 2025.

-

Higher than 92% of 19,921 companies in 2024.

-3.4%

Higher than 14% of 20,746 companies in 2025.

RECURSIVE Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 351,428510,475489,262386,417351,946539,715438,435410,611386,783297,637221,485195,827152,71858,96365,45033,75462,524
21/28 4072,5955,0094551,1831,305787---2004006,21411,16113,83419,256327
22/27 4072,5955,0094556831,305787---2004006,21411,16113,83419,256327
23 --2284556831,305787---2004001,8022,3375991,609327
24 4072,5954,781---------4,4128,82413,23517,647-
28 ----500------------
29/58 351,021507,880484,253385,962350,763538,410437,648410,611386,783297,637221,285195,427146,50447,80251,61614,49862,198
40/41 107,12176,222105,50984,00944,07463,26784,13464,65193,77296,82182,71566,03523,1156,34113,54134355,998
40 107,12146,38362,31545,39313,00329,23015,93013,05047,00448,78745,69048,76717,533-5,70034355,000
41 -29,83943,19438,61631,07134,03768,20451,60146,76848,03437,02517,2685,5826,3417,841-998
54/58 243,900431,658378,744277,083306,689475,143353,514345,960293,011193,221133,400129,392121,96141,46138,07514,1556,200
490/1 ---24,870-----7,5955,170-1,428----
Balance sheet: equity and liabilities
10/49 351,428510,475489,262386,417351,946539,715438,435410,611386,783297,637221,485195,827152,71858,96365,45033,75462,524
10/15 350,660471,837413,742362,629310,456286,187399,877377,978360,310289,144214,828185,443149,50958,28865,38023,31556,322
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
10 --6,2006,2006,200------------
100 --18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 --12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 296,670405,965347,870296,756245,256199,25698,31076,66071,8601,8601,8601,8601,860----
130/1 1,8601,8601,8601,8601,8601,860-----------
130 --1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860----
1311 1,8601,860---------------
133 294,810404,105346,010294,896243,396197,39696,45074,80070,000--------
14 47,79059,67259,67259,67359,00080,731295,367295,118282,250281,084206,768177,383141,44952,08859,18017,11550,122
17/49 76838,63875,52023,78841,490253,52838,55832,63326,4738,4936,65710,3843,2096757010,4396,203
42/48 76838,63875,52023,78841,490253,52838,55832,63326,4738,4936,65710,3843,2096757010,4396,203
44 -1,48425,45823,78822,12023,03523,92720,13064311748042820910570-6,119
440/4 -1,48425,45823,78822,12023,03523,92720,13064311748042820910570-6,119
45 76837,15450,062-2,57079,99314,63112,50325,8308,3766,1779,9563,000570--83
450/3 76837,14246,681--79,99314,27412,14625,4738,3766,1779,956-570--83
454/9 -123,381-2,570-357357357---3,000----
47/48 ----16,800150,500---------10,439-
Income statement
70 -----------142,668177,20750,56572,15059,950-
76A -4,525--300------------
9900 -14,965120,80587,51668,54758,24882,80458,60959,135104,131100,540101,17095,359115,9385,79146,65016,78950,295
60/61 -----------47,30961,28244,77425,50043,161-
62 -----------3,339-----
630 2,1872,4152,007228622622394--2002005,8145,8145,7135,4225,422163
640/8 4004853844946417857774224148417509611,1629769801,42010
66A --9,604197---1,715-1,360430---396--
9901 -17,552117,90575,52167,62856,98581,39757,43856,998103,71798,139100,22085,245108,962-89840,2489,94750,122
75/76B 4432,611--57183-17857197722545345167510-
75 4432,611--57183-17857197722545345167510-
65/66B -32148387-161121611963631271221321409256-
65 -32148387-161121611963631271221321409256-
9903 -17,109120,19575,47367,24157,04281,41957,42657,015103,57897,973100,38585,668109,175-87139,7659,90150,122
67/77 -5,04262,10024,36015,0688,77320,42335,52739,34732,41223,65741,00049,73417,9536,2228,90017,192-
9904 -12,06758,09551,11352,17348,26960,99621,89917,66871,16674,31659,38535,93491,222-7,09330,865-7,29150,122
9905 -12,06758,09551,11352,17348,26960,99621,89917,66871,16674,31659,38535,93491,222-7,09330,865-7,29150,122
Appropriation of the result
9906 47,79059,672110,785111,173129,000356,727317,017299,918352,250281,084236,768177,383143,30952,08859,18017,11550,122
14P 59,8571,57759,67259,00080,731------------
791/2 136,400----------------
691/2 --51,11351,50046,00060,99621,6504,80070,000---1,860----
6920 ------------1,860----
6921 --51,11351,50046,00060,99621,6504,80070,000--------
694/7 136,400---24,000215,000----30,000------
694 136,400---24,000215,000----30,000------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00540129.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00540129 PDF
31-12-2024 micro format 30-09-2025 2025-00519974 PDF
31-12-2023 micro format 07-02-2025 2025-00031345 PDF
31-12-2022 full format 30-08-2023 2023-00433777 PDF
31-12-2021 full format 31-08-2022 2022-20419136 PDF
31-12-2020 full format 14-09-2021 2021-67200362 PDF
31-12-2019 full format 30-09-2020 2020-57600348 PDF
31-12-2018 full format 30-08-2019 2019-62200380 PDF
31-12-2017 full format 30-08-2018 2018-58300177 PDF
31-12-2016 full format 29-09-2017 2017-66200192 PDF
31-12-2015 full format 26-08-2016 2016-53900587 PDF
31-12-2014 full format 31-08-2015 2015-56900335 PDF
31-12-2013 full format 30-09-2014 2014-63300475 PDF
31-12-2012 full format 30-08-2013 2013-52200067 PDF
31-12-2011 full format 29-08-2012 2012-47700320 PDF
31-12-2010 full format 30-08-2011 2011-48800320 PDF
31-12-2009 full format 26-08-2010 2010-46700078 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
-15,365120,32077,52867,85657,60782,01957,832--98,339100,42091,059114,7764,81545,67015,36950,285
-9,88060,51053,12052,40148,89161,61822,293--74,51659,58541,74897,036-1,38036,287-1,86950,285
-116,560-5005001,1401,181--0008673,040023,501490
-187,75852,914101,661-29,606-168,454121,6297,55452,94999,79059,8214,0087,43180,5003,38623,9207,955-
350,253469,242408,733362,174309,273284,882399,090377,978360,310289,144214,628185,043143,29547,12751,5464,05955,995
-----------59.8%61.5%-1.8%55.8%16.6%-
99.8%92.4%84.6%93.8%88.2%53.0%91.2%92.1%93.2%97.1%97.0%94.7%97.9%98.9%99.9%69.1%90.1%
-13.146.4116.238.452.1211.3512.5814.6135.0433.2418.8245.6570.82-1.3910.03
0.000.080.180.070.130.890.100.090.070.030.030.060.020.010.000.450.11
-3.4%12.3%12.4%14.4%15.5%21.3%5.5%4.7%19.8%25.7%27.6%19.4%61.0%-12.2%47.2%-31.3%89.0%
-3.4%11.4%10.4%13.5%13.7%11.3%5.0%4.3%18.4%25.0%26.8%18.3%59.7%-12.0%47.2%-21.6%80.2%
-over 100over 100over 100-------------
-----------125 days36 days46 days29 days2 days-
-----------3 days1 day1 day1 day--

EBIT margin: not included in this filing.

A ratio outside any meaningful range has been withheld (balance sheet total €351,428, equity €350,660).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€6,560--
Financial fixed assets----€500
€2,187€2,415€2,007€228€622

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on RECURSIVE

The operating result for 2025 is a loss of €17,552, after a profit of €117,905 in 2024. It is the lowest result since 2009.

Debt's share of the balance-sheet total falls from 7.6% to 0.2%. Equity and debt are lower.

Board & ownership

Board

1 director
VIKTOR KOSTA
Director
listed in the 2022 annual accounts, filed on 30-08-2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 25-10-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
VIKTOR KOSTA
Director
Boardmandate already running before its first mention
Mandates as a list
  • VIKTOR KOSTA
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2025 annual accounts

Articles of association

deed of 25-10-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00

Capital transactions

Capital over time
  1. 25-10-2021 Converted to unavailable equity · €8,060
  2. 25-10-2021 Converted to uncalled contributions · €12,400

Network & group

No group

RECURSIVE has no parent and no holdings in its annual accounts. VIKTOR KOSTA is the only director. RECURSIVE shares no director with another company.

At the same address

Franklin Rooseveltlaan 190, 1050 Brussels · 4 other companies
SIRIUS BC
registered office since 09-12-2021 · founded in 2021
 total assets €76,577 (2025)
0778.452.021
WHITE DYNAMICS
registered office since 13-03-2015 · founded in 2015
 total assets €9,027 (2025)
0600.969.636
Hoc, Albert (sole trader)
establishment since 01-01-2009
 founded in 2009
0544.441.204
ASSOC DES COPROPRIETAIRE AV FR ROOSEVELT 190 ACP
registered office since 01-01-2001
 founded in 2001
0850.056.035

Timeline

Timeline

33 events since 2009

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
2025
Weakest financial year net -€12,067 The net result drops to -€12,067, the lowest from 2009 to 2025.
Liquidity more than 34 times current ratio 457.06 The current ratio rises from 13.14 to 457.06. Short-term debt falls from €38,638 to €768.
Annual accounts 2024 filed PDFmicro format · 61 days late
Annual accounts 2023 filed PDFmicro format · 191 days late
2024
Liquidity doubles current ratio 13.14 The current ratio rises from 6.41 to 13.14. Short-term debt falls from €75,520 to €38,638.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809593078
2023
Annual accounts 2022 filed PDFfull format · 30 days late
2022
Registered office moved from Ixelles to BrusselsNew registered office: AVENUE FRANKLIN ROOSEVELT 190 BOITE 3 1050 BRUXELLES · Previous registered office: AVENUE GEORGE BERGMANN 65, BOITE 10 1050 IXELLES1 point ▸
  • Registered-office move, AVENUE FRANKLIN ROOSEVELT 190 BOITE 3 1050 BRUXELLES

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 31 days late
2021
Liquidity more than triples current ratio 8.45 The current ratio rises from 2.12 to 8.45. Short-term debt falls from €253,528 to €41,490.
Legal-form change · Resignations & appointmentsBoard composition: KOSTA Viktor (director)2 points ▸
  • 100 shares
  • Board composition, KOSTA Viktor (director)
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 45 days late
2020
Annual accounts 2019 filed PDFfull format · 61 days late
2019
Annual accounts 2018 filed PDFfull format · 30 days late
2018
Annual accounts 2017 filed PDFfull format · 30 days late
Registered office moved within BrusselsNew registered office: AVENUE GEORGE BERGMANN 65/10 1050 BRUXELLES · Previous registered office: AVENUE DES SCARABEES 1 1000 BRUXELLES1 point ▸
  • Registered-office move, AVENUE GEORGE BERGMANN 65/10 1050 BRUXELLES

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFfull format · 60 days late
2016
Annual accounts 2015 filed PDFfull format · 26 days late
2015
Equity above €200,000 equity €214,828 ▲15.8% After 3 profitable years in a row, equity reaches €214,828.
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Equity above €150,000 equity €185,443 ▲24% After 2 profitable years in a row, equity reaches €185,443.
Annual accounts 2013 filed PDFfull format · 61 days late
2013
Back to profit net €91,222 The net result is €91,222, after one loss-making year.
Equity above €100,000 equity €149,509 ▲157% Equity rises from €58,288 to €149,509.
Annual accounts 2012 filed PDFfull format · 30 days late
2012
Annual accounts 2011 filed PDFfull format · 29 days late
2011
Back to profit net €30,865 The net result is €30,865, after one loss-making year.
Liquidity more than 530 times current ratio 737.37 The current ratio rises from 1.39 to 737.37. Short-term debt falls from €10,439 to €70.
Annual accounts 2010 filed PDFfull format · 30 days late
2010
Annual accounts 2009 filed PDFfull format · 26 days late
2009
Incorporation PDFpublished on 13-02-2009
First establishment George Bergmannlaan 65, Ixelles

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

RECURSIVE was incorporated on 4 February 2009.1 The registered office was moved to Brussels in 2018.2 Total assets fell from €410,611 in 2018 to €351,428 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-01-2018
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0809.593.078
VAT number
BE 0809.593.078
Peppol ID
0208:0809593078
Other Peppol ID
9925:BE0809593078
Legal form
Private limited company
Status
Active, normal situation
Founded
04-02-2009
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
deed of 25-10-2021 (in French)
Peppol
Reachable since 24-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
RECURSIVE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-10-2021 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 25-10-2021 (in French)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
62030 Computer programming, consultancy and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Consultance informatique, bureau d’étude, gestion software Hardware, programmation ingénierie système réseaux; Transport national et…”
24 activities
  1. Consultance informatique, bureau d’étude, gestion software Hardware, programmation ingénierie système réseaux.
  2. Transport national et international de personnes et de marchandises, par route, agence de transport et intermédiaire de transport
  3. Entreprise générale de bâtiment, peinture, maçonnerie, électricité, toiture ;
  4. Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales,
  5. Le nettoyage et l’entretien d’immeubles, le nettoyage de vitres et de bureaux, de petits travaux de bureau, services intérimaires, sous-traitance ;
  6. Matériaux de construction, matériel électrique et électronique, sanitaire et de plomberie ;
  7. Tous produits alimentaires tels que fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et articles cadeaux ;
  8. Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large ;
  9. Tous produits de l’artisanat en général, tapisseries y compris les articles du monde ;
  10. Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage ainsi que savons et détergents ;
  11. Tous les articles d’horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières ;
  12. Tous livres, antiquités, brocantes, objets de décoration, machines industrielles ;
  13. Tous bijoux, orfèvrerie,
  14. Tous appareils électroménagers, tous films de bandes magnétiques, DVD, cassettes, tous articles imprimés ou enregistrés permettant leur lecture vision ou audition, livres ;
  15. Tous matériaux de bureau et de l’informatique, téléphones, gsm, fax;
  16. Tous véhicules neufs et d’occasion, ainsi que leurs pièces détachées.
  17. Atelier de confection et de vente de vêtements traditionnels et artisanaux;
  18. Atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires ;
  19. Librairie,
  20. Tous snacks bars, brasseries, salon de consommation, hôtels, restaurants, tavernes, cafés, discothèques, buffets, vestiaires pour publics, locations de places, salles d’organisation, de banquet et service traiteur ;
  21. La messagerie, les services de fax, de cabines téléphoniques et de photocopies, night-shop, de laboratoire de développements photos, d’atelier de tournage, d’affûtage et de rectification de pièces mécaniques ;
  22. D’une société de taxis, Car-Wash, station service (tous carburants tels que mazout, diesel, gaz,…), garage avec atelier de réparation, entretien et dépannage,
  23. D’un salon de coiffure et produits de salon ;
  24. Commerce ambulant
deed of 25-10-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Franklin Rooseveltlaan 190 registered office 1050 Brussels
George Bergmannlaan 65 1050 Ixelles 04-02-2009 2.176.682.869
2 former offices
  • Avenue George Bergmann 65,boite 10, 1050 Ixelles until 22-06-2022 · deed of 29-12-2022
  • Avenue Des Scarabees 1, 1000 Bruxelles until 22-09-2017 · deed of 02-01-2018

Buildings and parcels at the addresses

Ground area
2,190 m²
Buildings
708 m²
Volume, LiDAR
12,488 m³
Tallest building
22.5 m
Buildings to scale, each on its own parcel
361 m², 22.5 m 347 m², 19.5 m 361 m², 22.5 m 347 m², 19.5 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21446D0030/00K0121,540 m² 1 · 361 m² 22.5 m · 6
21822R0453/00M003650 m² 1 · 347 m² 19.5 m · 6

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