Rékool
ActiveSummary
Rékool has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24,096) and a net result of €378,587, of which €416,101 non-recurring income. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 6% of 6,153 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- -€24,096
- Profit
- €378,587
- DEDECKER EvaManaging director
- DEDECKER KarenDirector
- DEDECKER KrisDirector
Why 55raises riskCapped at 59: negative equityNegative equity -€24,096Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskSize: total assets €312,002Founded in 1981Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 15% on solvency, 65% on liquidity, 95% on profitability and 3% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Capital & shares · Amendment of…Reappointments: DEDECKER Eva, DEDECKER Kris…
- Back to profitnet €378,587
Financials · financial year 2025, full format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483585.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is nearly 39 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).
- 2025 Total assets -53% on 2024. Partial demerger to Bijkhoeve Immo NV, effective 31-12-2025.
Peer companies
Historical observationOf the 3,794 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 91.5% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,794 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €416,101 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | = |
| Other operating charges640/8 | - | - | - | €2,940 | €3,003 | €3,491 | €3,416 | €3,522 | ▲ 3.1% |
| Gross operating margin9900 | €12,870 | €14,318 | €11,341 | €10,888 | €17,672 | €17,097 | €21,215 | €437,747 | ▲ 21× |
| Operating profit (loss)9901 | €3,439 | €4,751 | €1,638 | €1,167 | €7,887 | €6,825 | €11,018 | €427,444 | ▲ 39× |
| Financial charges65/66B | - | - | - | €19,662 | €19,705 | €19,712 | €19,691 | €19,789 | ▲ 0.5% |
| Recurring financial charges65 | €17,499 | €19,596 | €19,614 | €19,662 | €19,705 | €19,712 | €19,691 | €19,789 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | -€14,060 | -€14,845 | -€17,976 | -€18,495 | -€11,818 | -€12,886 | -€8,673 | €407,655 | - |
| Income taxes67/77 | - | - | - | - | - | - | - | €29,069 | - |
| Profit (loss) for the period9904 | -€14,060 | -€14,845 | -€17,976 | -€18,495 | -€11,818 | -€12,886 | -€8,673 | €378,587 | - |
| Profit (loss) for the period to be appropriated9905 | -€14,060 | -€14,845 | -€17,976 | -€18,495 | -€11,818 | -€12,886 | -€8,673 | €378,587 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €635,911 | €640,513 | €641,984 | €642,936 | €650,564 | €657,124 | €667,898 | €312,002 | ▼ 53.3% |
| Fixed assets21/28 | €587,428 | €580,647 | €573,865 | €567,084 | €560,302 | €553,521 | €546,740 | €166,059 | ▼ 69.6% |
| Tangible fixed assets22/27 | €587,428 | €580,647 | €573,865 | €567,084 | €560,302 | €553,521 | €546,740 | €166,059 | ▼ 69.6% |
| Land and buildings22 | - | - | - | €567,084 | €560,302 | €553,521 | €546,740 | €166,059 | ▼ 69.6% |
| Current assets29/58 | €48,483 | €59,866 | €68,119 | €75,852 | €90,262 | €103,603 | €121,159 | €145,943 | ▲ 20.5% |
| Amounts receivable within one year40/41 | - | - | - | - | - | - | - | €70,233 | - |
| Other amounts receivable41 | - | - | - | - | - | - | - | €70,233 | - |
| Cash at bank and in hand54/58 | €29,283 | €40,666 | €28,205 | €18,252 | €156 | €42,464 | €91,289 | €75,134 | ▼ 17.7% |
| Deferred charges and accrued income490/1 | - | - | - | €57,600 | €90,106 | €61,139 | €29,869 | €576 | ▼ 98.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €635,911 | €640,513 | €641,984 | €642,936 | €650,564 | €657,124 | €667,898 | €312,002 | ▼ 53.3% |
| Equity10/15 | €140,111 | €125,266 | €107,291 | €88,795 | €76,977 | €64,091 | €55,418 | -€24,096 | - |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €6,563 | ▼ 89.4% |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €6,563 | ▼ 89.4% |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €6,563 | ▼ 89.4% |
| Reserves13 | €274,736 | €274,736 | €274,736 | €274,736 | €274,736 | €274,736 | €274,736 | €328 | ▼ 99.9% |
| Non-distributable reserves130/1 | - | - | - | €3,099 | €3,099 | €3,099 | €3,099 | €328 | ▼ 89.4% |
| Legal reserve130 | - | - | - | €3,099 | €3,099 | €3,099 | €3,099 | €328 | ▼ 89.4% |
| Tax-exempt reserves132 | - | - | - | €56,437 | €56,437 | €56,437 | €0 | - | - |
| Distributable reserves133 | - | - | - | €215,200 | €215,200 | €215,200 | €271,638 | - | - |
| Profit (loss) carried forward14 | -€196,625 | -€211,470 | -€229,446 | -€247,941 | -€259,759 | -€272,645 | -€281,318 | -€30,988 | ▲ 89.0% |
| Amounts payable17/49 | €495,800 | €515,247 | €534,694 | €554,140 | €573,587 | €593,034 | €612,480 | €336,098 | ▼ 45.1% |
| Amounts payable after more than one year17 | €456,907 | €456,907 | €456,907 | €456,907 | €456,907 | €456,907 | €456,907 | €196,907 | ▼ 56.9% |
| Financial debts170/4 | - | - | - | €456,907 | €456,907 | €456,907 | €456,907 | €196,907 | ▼ 56.9% |
| Amounts payable within one year42/48 | - | - | - | - | - | - | - | €136,441 | - |
| Trade debts44 | - | - | - | - | - | - | - | €4,251 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €4,251 | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €29,069 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €29,069 | - |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €103,121 | - |
| Accrued charges and deferred income492/3 | - | - | - | €97,233 | €116,680 | €136,127 | €155,573 | €2,750 | ▼ 98.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,060 | -€14,845 | -€17,976 | -€18,495 | -€11,818 | -€12,886 | -€8,673 | €378,587 | - |
| + Depreciation and write-downs630 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | €6,781 | = |
| Operating cash flow (approximation) | -€7,279 | -€8,064 | -€11,194 | -€11,714 | -€5,037 | -€6,105 | -€1,891 | €385,368 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €373,899 | - |
| Change in cash | - | €11,383 | -€12,461 | -€9,953 | -€18,096 | €42,308 | €48,825 | -€16,156 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00483585 |
| 31-12-2024 | abbreviated format | 24-06-2025 | 2025-00181826 |
| 31-12-2023 | abbreviated format | 19-06-2024 | 2024-00145912 |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00168782 |
| 31-12-2021 | abbreviated format | 04-07-2022 | 2022-20125293 |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-21900435 |
| 31-12-2019 | abbreviated format | 07-07-2020 | 2020-27500260 |
| 31-12-2018 | abbreviated format | 03-07-2019 | 2019-29500421 |
| 31-12-2017 | abbreviated format | 03-07-2018 | 2018-28800033 |
| 31-12-2016 | abbreviated format | 22-06-2017 | 2017-20900203 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Day-to-day management 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| DEDECKER Eva |
|
| DEDECKER Karen |
|
| DEDECKER Kris |
|
| Moore Audit |
|
Owners and capital
Capital and shareholders
- Stichting Continea 165 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-03-2026 Converted to unavailable equity
- 16-10-2023 Capital stated in the deed · €62,000 · 250 shares
Group and network
Connections & network
3 connected companiesAcquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
09-03
Gazette deed
Capital & shares · Amendment of the articles · Legal-form change · RestructuringReappointments: DEDECKER Eva, DEDECKER Kris and DEDECKER Karen · Appointment: Moore Audit (company auditor) · Incorporation23 facts ▸
- General meeting, 31-12-2025
- Incorporation, 29-06-1981
- Amendment of the articles (2 times)
- General meeting, “goedkeuring verslag bestuursorgaan omzetting”, 31-10-2025 (deed in Dutch)
- Auditor report, “omzetting”, EUR (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “geen statutair onbeschikbaar vermogen” (deed in Dutch)
- General meeting, “eenparigheid, omzetting” (deed in Dutch)
- General meeting, “eenparigheid, vrijstelling verslag artikel 12:61 WVV” (deed in Dutch)
- General meeting, “eenparigheid, vrijstelling revisoraal verslag artikel 12:62 WVV” (deed in Dutch)
- Demerger, “approval of partial demerger by transfer of assets, rights and liabilities to acquiring company”, 31-12-2025 (deed in Dutch)
- Share issue, “aandelen zonder vermelding van waarde, volgestort”, 864 (deed in Dutch)
- +11 further facts in this act
19-11
Gazette deed
RestructuringAppointment: Philippe Callens (company auditor) · Merger · Demerger41 facts ▸
- Board meeting, 2025
- Merger, “met fusie door overneming gelijkgestelde verrichting, Stap 1” (deed in Dutch) (2 times)
- Merger, “fusie door overneming, Stap 2” (deed in Dutch)
- Demerger, “partiële splitsing, Stap 3” (deed in Dutch)
- Director in office, Frank Dedecker (sole director)
- Legal-form conversion, “Besloten vennootschap” (deed in Dutch)
- Share issue, “Stap 1, geruisloze fusies” (deed in Dutch)
- Share issue, “Stap 2”, 3600 (deed in Dutch)
- Share issue, “Stap 3”, 1320 (deed in Dutch)
- Shareholding, “aandelen”, 165 (deed in Dutch)
- Share issue, “afgesplitst vermogen”, 1320 (deed in Dutch) (2 times)
- Other provision, “geen opleg in geld, bestuursorganen beslissen dat er geen opleg in geld wordt toegekend” (deed in Dutch)
- +29 further facts in this act
17-10
Gazette deed
Reappointments: Dedecker Eva, Dedecker Kris and Dedecker Karen5 facts ▸
- General meeting, 05-06-2023
- Director reappointment, Dedecker Eva (director)
- Director reappointment, Dedecker Kris (director)
- Director reappointment, Dedecker Karen (director)
- Director reappointment, Dedecker Eva (managing director and chair of the board)
16-10
Gazette deed
Amendment of the articlesCapital · Registered office clause · Power of attorney5 facts ▸
- General meeting, “rechtspersonenregister Antwerpen (afdeling Antwerpen), buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital, €62,000
- Registered office clause, “Bellemond 21,2970 Schilde”, 3 (deed in Dutch)
- Power of attorney, één of meer personen van hun keuze
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11041B0517/00Z002 | Flanders | 5,229 m² | 1 · 569 m² | 7.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “In- en uitvoer, groot- en kleinhandel van steenkolen en al zijn derivaten en alle soorten brandstoffen, oud ijzer, recuperatiematerialen…” (deed in Dutch)
6 activities (deed in Dutch)
- In- en uitvoer, groot- en kleinhandel van steenkolen en al zijn derivaten en alle soorten brandstoffen, oud ijzer, recuperatiematerialen, vervoer van alle materialen.
- Klein- en groothandel, import en export van artikelen in sierglaswerk, aardewerk, sierkeramiek, dinanderie, sierijzerwerk, porselein, glaswerk en plastiek, houten voorwerpen, mandwerk, borstels, ijzerwerk, blikwaren, huishoudartikelen, verlichtingsartikelen, textiel, meubileringsartikelen, meubelen (met uitzondering van kantoormeubelen), sanitaire artikelen, snijgereedschap.
- Groot- en kleinhandel, in en uitvoer van damesconfectie, confectie voor heren, uitzet voor dames en meisjes, uitzet voor heren en jongens, pelterijen, bontwerk, herenhoeden, dameshoeden, schoeisel, lederwaren, zadelmakerwerk, fantasiejuwelen.
- Uitbating van herbergen, cafés, drank- en eetgelegenheden, dancings, tearooms en milkbars, bereiding en verkoop van alle koude en warme dranken en gerechten.
- De vennootschap is gemachtigd allerhande roerende en onroerende verrichtingen te doen, als bemiddelaar of als beheerder; uiteindelijk ook al wat handel in antiek betreft.
- De vennootschap kan alle industriële, commerciële, roerende of onroerende, burgerlijke of financiële verrichtingen doen welke rechtstreeks of onrechtstreeks verband hebben met haar voorwerp.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Rékool
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het dagelijks bestuur omvat zowel de handelingen en beslissingen die niet verder rei-ken dan de behoeften van het dagelijkse leven van de…”“Indien er twee of meerdere bestuurders zijn wordt de vennootschap bij alle rechtshan-delingen, jegens derden en in rechtszaken als eiser of…”
Full text
Indien er twee of meerdere bestuurders zijn wordt de vennootschap bij alle rechtshan-delingen, jegens derden en in rechtszaken als eiser of verweerder, gebonden door de handtekening van twee bestuurders gezamenlijk of door een gedelegeerd bestuurder die alleen optreedt. Wanneer de vennootschap optreedt als bestuursorgaan van andere vennootschappen, dan wordt de vennootschap enkel rechtsgeldig vertegenwoordigd door de vaste verte-genwoordiger die alleen handelt. De vennootschap wordt, binnen hun bevoegdheidssfeer, tevens rechtsgeldig verte-genwoordigd door de personen belast met het dagelijks bestuur of door een bijzonder gevolmachtigde.
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Algemene vergadering kan mandaat van niet-statutair benoemd bestuurder ten allen tijde beëindigen zonder opgave van reden, al dan niet met…” (deed in Dutch)“Al dan niet statutair benoemde bestuurder kan te allen tijde vrijwillig ontslag nemen mits tijdig in zijn vervanging kan worden voorzien…” (deed in Dutch)3 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Algemene vergadering, Elk aandeel deelt gelijk in de winst” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 20:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bepaalt de wijze van vereffening, netto actief verdeeld onder alle aandeelhouders naar verhouding van het aantal…” (deed in Dutch)