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REKA

Active Private limited companyfounded 2006active for 20 yearsPoederleesteenweg 98L, 2460 KasterleeKBO/BCE: BE 0878.635.403 #8 company by total assets in Kasterlee, Construction sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €1.7m (2023)
€456,067▼ 56.8%
lowest -€204,045 (2025)
-€204,045▼ €575,458
peak €1.7m (2024)
€1.5m▼ 11.9%
€2.1m▲ 34.7%
peak 7.6 FTE (2025)
7.6 FTE▲ 8.6%
Board3 names since 2021
2 directorsJan Renders and 1 other
Documentsfilings and deeds
12-05-202680 days before the deadline
2025abbreviated format
Gross margin from €1.1m to €456,067Loss of €204,045Staff from 7 FTE to 7.6 FTEAppointment: Reka Management (director) 19-05Debts from €1.6m to €2.1mInvestments €1.6m

Key points

from the 2025 annual accounts

Result

-€204,045 -€204,045
€371,0002024-€204,0002025

From profit to loss in 2025, after a profit of €371,413 in 2024.

Turnover

≈ €1.3m estimated

The accounts state no turnover.

Debts

€2.1m ▲ 34.7%
Financial debts
+0.4
Suppliers
+0.06
The rest
+0.1

Debts rose by €541,113 in 2025.

Investments

€1.6m 18.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

9 employees on 31-12-2025
012021522022212023032024212025

In 2025, 2 people joined and 1 left.

Position in the sector

-€204,045

Lower net result than 95% of companies in specialised construction. Sector median €26,691 · 9,959 companies.

Checked score

53
Fair
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 2 in 100 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 05-2025 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.6 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 2.0%▲ +1.2 percentage points vs 09-2026highest value 11-2026: 2.0%● unchanged vs 10-2026highest value

Financial strength
Weak

67-10equity 41.8% of total assets
54-16short-term debt 25.7% · cash 11.3%
12-71return on assets -5.6%

Score breakdown

raises risk
2 changes of registered office in 24 months
Loss of €204,045 (financial year 2025)
lowers risk
Figures for financial year 2025 (filed on 12-05-2026)
Size: 7.6 FTE, total assets €3.6m
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 43, micro). It does better than 45% of them on solvency, 50% on liquidity, 12% on profitability and 23% on growth.

The bankruptcy probability was computed on 08-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 12,322 companies had the same profile as REKA has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of REKA itself is higher: 2.0% within 12 months. It rests on far more data about REKA 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.

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 12,322 companies, not a prediction for REKA. 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 €80,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.13 (2.71 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 11.3% of total assets. However, 58.2% 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
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €204,045 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 12-05-2026)
NBB · annual accounts
lowers risk · Size: 7.6 FTE, total assets €3.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 days early
2024
35 days early
2023
on the day
2022
3 days early
2021
31 days late
2020
31 days late
2019
69 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 2 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 28 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

JR
Director
RM
Director, Renders Branco
Board & ownership

Recent changes

Director in office: Renders Jan Director in office: Renders Branco · Gazette deed
Environmental permit refused Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Mol
Registered office moved within Kasterlee New registered office: Poederleesesteenweg 96L, 2460 Kasterlee · Previous registered office: Retiesebaan 85, 2460 KASTERLEE · General meeting of 30-12-2025 · Gazette deed
Environmental permit refused Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Mol
All 39 events

Comparable companies

same main activity, similar in size and age
Company
REKA Kasterlee €3.6m €456,067 41.8% 7.6
CARRO-FLOOR Ternat €3.1m €526,004 32.5% 6
BOGAERT LIQUID SOLUTIONS Destelbergen €4.4m €671,165 35.2% 7
DB Projects Asse €3.9m €827,769 11.7% 5.3
D'TYLE Middelkerke €3.8m €581,517 14.7% 4.3
SOLMAT Balen €2.0m €685,608 70.3% 4.9
ALGEMENE MARMER EN RENOVATIEWERKEN Lille €2.9m €738,813 94.7% 9.8

These companies have the same main activity as REKA: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €2m and €4.4m, founded between 1988 and 2012.

Official details

Source: KBO
Status
Active since 16-01-2006Normal situation
Activity
Floor and wall tilingNACE 43331and 1 other
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2023
Establishment unit
2.151.557.8892460 Kasterlee, since 08-02-2006
Financial year end
31 December
Peppol
Reachable since 26-06-2025
Company details

Annual accounts 2025

€3.6m▲ 10.3%
Employeeson 31-12-2025
9▲ 12.5%
Filing
Filed on 12-05-2026, 80 days before the end of the filing period
Financials

Insights on REKA

REKA files the abbreviated format. That format states no turnover. The gross margin rose from €6,481 in 2006 to €456,067 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 REKA

What is the company number of REKA?
The company number of REKA is 0878.635.403. The VAT number is the same number with BE in front: BE 0878.635.403.
Where is REKA based?
The registered office is at Poederleesteenweg 98L, 2460 Kasterlee.Company details
What does REKA do?
According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
What is the legal form of REKA?
REKA is a private limited company (BV).
When was REKA founded?
REKA was founded on 16-01-2006.
Is REKA still active?
Yes, REKA is an active enterprise in the KBO register.
How many employees does REKA have?
REKA had an average of 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does REKA fall under?
In its 2023 annual accounts, REKA states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of REKA?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €456,067 and 39 comparable companies (NACE 433). It probably lies between €990,000 and €1.7m.
Is REKA profitable?
In financial year 2025, REKA made a loss of €204,045.
Where can I find the annual accounts of REKA?
REKA filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of REKA due?
REKA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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