RECYTEXTILE
Dissolution or liquidationSummary
The KBO register records for RECYTEXTILE the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2011 annual accounts show equity of €24,047 and a net result of -€5,621.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 26-09-2012, 57 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2011, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,621
2010 · €157,619
Working capital
€24,047▼ 17.2%
2010 · €29,039
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20072008200920102011
Operating result€38,284-€28,996▼ 24.3%-€42,881-€1,811▲ 95.8%-€2,406▼ 32.9%
Net result€19,950--€3,726€94,144€157,619▲ 67.4%-€5,621
Equity€574,732-€571,007▼ 0.6%€665,151▲ 16.5%€29,668▼ 95.5%€24,047▼ 18.9%
Total assets€1.2m-€1.2m▼ 0.1%€804,806▼ 33.4%€152,601▼ 81.0%€26,247▼ 82.8%
Debt€634,419-€637,165▲ 0.4%€139,655▼ 78.1%€117,933▼ 15.6%€2,200▼ 98.1%
Working capital€438,295-€461,542▲ 5.3%€667,205▲ 44.6%€29,039▼ 95.6%€24,047▼ 17.2%
Staff (FTE)23.4-21.8▼ 6.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,406 in 2011 against €1,811 in 2010; the loss grows.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Equity and liabilities €26,247
Equity
€24,047 ▼ 18.9%
Provisions
€0 ▼ 100%
Debt
€2,200 ▼ 98.1%
Debt's share of the balance-sheet total falls from 77.3% to 8.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,777
Cash flow
-€4,992
Current ratio
11.93▲
2010 · 1.25
ROE
-23.4%▼
2010 · 531.3%
ROA
-21.4%▼
2010 · 103.3%
Debt ≤ 1 year
€2,200▼
2010 · €117,933
Income taxes
€2,196▼
2010 · €56,318
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,339 | €33,923 | €250 | - | €629 | - |
| Gross operating margin9900 | €714,762 | €747,894 | -€34,386 | €4,400 | -€1,747 | ▼ 140% |
| Operating profit (loss)9901 | €38,284 | €28,996 | -€42,881 | -€1,811 | -€2,406 | ▼ 32.9% |
| Recurring financial income75 | €15,732 | €4,911 | €26,338 | €216,531 | €452 | ▼ 99.8% |
| Recurring financial charges65 | €26,588 | €25,712 | €10,990 | €783 | €1,471 | ▲ 87.9% |
| Profit (loss) for the period before taxes9903 | €27,427 | €2,299 | €138,647 | €213,937 | -€3,425 | ▼ 102% |
| Income taxes67/77 | €7,477 | €6,025 | €44,503 | €56,318 | €2,196 | ▼ 96.1% |
| Profit (loss) for the period9904 | €19,950 | -€3,726 | €94,144 | €157,619 | -€5,621 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €19,950 | -€3,726 | €94,144 | €157,619 | -€5,621 | ▼ 104% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.2m | €804,806 | €152,601 | €26,247 | ▼ 82.8% |
| Fixed assets21/28 | €137,764 | €122,488 | €5,978 | €5,629 | - | - |
| Tangible fixed assets22/27 | €103,154 | €87,878 | - | - | - | - |
| Financial fixed assets28 | €34,610 | €34,610 | €5,978 | €5,629 | - | - |
| Current assets29/58 | €1.1m | €1.1m | €798,828 | €146,972 | €26,247 | ▼ 82.1% |
| Stocks and contracts in progress3 | €255,496 | €107,119 | - | - | - | - |
| Amounts receivable within one year40/41 | €308,116 | €441,713 | €656,090 | €3,264 | €3,568 | ▲ 9.3% |
| Current investments50/53 | - | €481,800 | - | - | - | - |
| Cash at bank and in hand54/58 | €482,391 | €40,871 | €142,738 | €143,708 | €22,678 | ▼ 84.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €804,806 | €152,601 | €26,247 | ▼ 82.8% |
| Equity10/15 | €574,732 | €571,007 | €665,151 | €29,668 | €24,047 | ▼ 18.9% |
| Contributions10/11 | €49,579 | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Reserves13 | €525,153 | €525,154 | €615,572 | €773,191 | €773,191 | = |
| Profit (loss) carried forward14 | - | -€3,726 | - | -€3,726 | -€5,621 | ▼ 50.9% |
| Provisions and deferred taxes16 | - | - | - | €5,000 | - | - |
| Amounts payable17/49 | €634,419 | €637,165 | €139,655 | €117,933 | €2,200 | ▼ 98.1% |
| Amounts payable after more than one year17 | €1,327 | €13,023 | €8,032 | - | - | - |
| Amounts payable within one year42/48 | €633,093 | €624,142 | €131,623 | €117,933 | €2,200 | ▼ 98.1% |
| Trade debts44 | €227,989 | €263,888 | €5,917 | €336 | €269 | ▼ 19.9% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,950 | -€3,726 | €94,144 | €157,619 | -€5,621 | ▼ 104% |
| + Depreciation and write-downs630 | €44,339 | €33,923 | €250 | - | €629 | - |
| Operating cash flow (approximation) | €64,289 | €30,197 | €94,394 | €157,619 | -€4,992 | ▼ 103% |
| Investment in fixed assets (approximation) | - | -€18,647 | €116,260 | €349 | - | - |
| Change in cash | - | -€441,520 | €101,867 | €970 | -€121,030 | ▼ 12,577% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 57 days late
2011
31-12
Financial
Weakest financial yearnet -€5,621
Net result drops to -€5,621, the lowest in the series.
31-12
Financial
Liquidity times 10current ratio 11.93
Current ratio from 1.25 to 11.93; short-term debt falls from €117,933 to €2,200.
20-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Highest result since 2007net €157,619 ▲67.4%
Net result €157,619, the highest in the series.
16-11
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 108 days late
2009
31-12
Financial
Back to profitnet €94,144
Net result €94,144 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 6.07
Current ratio from 1.74 to 6.07; short-term debt falls from €624,142 to €131,623.
18-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
17-07
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
22-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 22 days late
2006
31-08
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 31 days late
Show earlier events
2005
22-07
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
17-08
NBB filing
Annual accounts filed
fiscal year 2003 · full schema · 17 days late
2003
06-10
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Baelen · 1 establishment unit since 1989
Ground area
1,399 m²
Building footprint
305 m²
Volume, LiDAR
2,083 m³
Parcel 63004A0717/00T000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oeveren(BLN) 20, 4837 Baelen
since 19892.043.658.455
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63004A0717/00T000 | Wallonia | 1,399 m² | 1 · 305 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded26-05-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting