Equity
€71,001 ▼ 72.4%
RECX paid out €280,000 in dividends. That is 298% of the 2025 profit.
RECX
Lifetime
4 annual accounts with figures on one time axispeak €138,015 (2024)
€122,576▼ 11.2%
peak €97,851 (2024)
€94,016▼ 3.9%
peak €256,985 (2024)
€71,001▼ 72.4%
€87,937▲ 38.3%
Board1 name since 2021
1 directorLASSEEL Fen Piet Els
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Dividend €280,000Equity from €256,985 to €71,001Debts from €63,585 to €87,937
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Investments
€4,657 1.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.76 was 5.01 in 2024
Short-term debts rose from €63,504 to €87,825.
Filings
4 annual accounts 3 late
The 2022 accounts came latest: 16 days after the end of the period.
Position in the sector
€94,016
Higher net result than 91% of companies in computer programming and consultancy. Sector median €28,569 · 21,199 companies.
Checked score
93
Excellent
Financially stronger than 46% 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 25,925 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged 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 04-2026
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 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.76, cash €96,258
Size: total assets €158,937
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 39% of them on solvency, 55% on liquidity, 82% on profitability and 10% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 26,972 companies had the same profile as RECX has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RECX itself is lower: 0.1% within 12 months. It rests on far more data about RECX than the profile alone.
Test of the method
The method was tested on the 497,447 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 26,972 companies, not a prediction for RECX. 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 €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.76 (5.01 in 2024), above the usual 1.5. Short-term debt is 55.3% and cash 60.6% of total assets. However, 55.3% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 days early
2024
6 days late
2023
12 days late
2022
16 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 1 day before 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 10 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Leuven
New registered office: Marguerite Lefèvrelaan 10, 3012 Leuven · Previous registered office: Mechelsesteenweg 74, 3000 Leuven · Board meeting of 05-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0775288138
Incorporation
Founder: LASSEEL Fen Piet Els · 100 shares · Appointment: LASSEEL Fen Piet Els (director) · published on 07-10-2021 · Gazette deed
First establishment
Marguerite Lefèvrelaan 10, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RECX Leuven | €158,937 | €122,576 | 44.7% | - |
| PALANTIR CONSULT Diest | €164,839 | €112,063 | 7.1% | - |
| XELMES Wemmel | €154,608 | €115,396 | 38.3% | - |
| Right Bracket Boortmeerbeek | €159,416 | €111,915 | 0.6% | - |
| Pihan Peeters Brussels | €160,397 | €119,213 | 67.4% | - |
| TECHNO MECANIKA Schaerbeek | €157,078 | €125,256 | 1.3% | - |
| Iconic Consult Edegem | €170,488 | €124,757 | 68.8% | - |
These companies have the same main activity as RECX: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €155,000 and €170,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 05-10-2021Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.322.554.1423012 Leuven, since 05-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-04-2025
Annual accounts 2025
- €158,937▼ 50.4%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on RECX
RECX files the micro format. That format states no turnover. The gross margin rose from €106,873 in 2022 to €122,576 in 2025.
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 RECX
- What is the company number of RECX?
- The company number of RECX is 0775.288.138. The VAT number is the same number with BE in front: BE 0775.288.138.
- Where is RECX based?
- The registered office is at Marguerite Lefèvrelaan 10, 3012 Leuven.Company details
- What does RECX do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of RECX?
- RECX is a private limited company (BV).
- When was RECX founded?
- RECX was founded on 05-10-2021.
- Is RECX still active?
- Yes, RECX is an active enterprise in the KBO register.
- What is the turnover of RECX?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €122,576 and 42 comparable companies (NACE 62200). It probably lies between €170,000 and €240,000.Financials
- Is RECX profitable?
- In financial year 2025, RECX made a profit of €94,016.
- Where can I find the annual accounts of RECX?
- RECX filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RECX due?
- RECX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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