REKOVE
ActiveSummary
The computed 12-month bankruptcy probability of REKOVE is 1.9% (moderate). The 2024 annual accounts show negative equity (€-39k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36375 sector peers (fiscal year 2024). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-39k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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
30 d late
2023
55 d late
2022
29 d late
2021
31 d late
2020
12 d late
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-39k▼ 4.8%
2023 · €-38k
2018: €26k
2019: €23k
2020: €21k
2021: €13k
2022: €-20k
2023: €-38k
2018 → 2024
Total assets
€1k▼ 60.8%
2023 · €3k
2018: €58k
2019: €63k
2020: €58k
2021: €46k
2022: €20k
2023: €3k
2018 → 2024
Net result
€-2k▲ 89.6%
2023 · €-17k
2018: €-12k
2019: €-3k
2020: €-2k
2021: €-8k
2022: €-33k
2023: €-17k
2018 → 2024
Working capital
€-40k▼ 46.0%
2022 · €-28k
2018: €-3k
2019: €-4k
2020: €-6k
2021: €-14k
2022: €-28k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€13k▼ 40.4%€-20k€-38k▼ 85.1%€-39k▼ 4.8%
Operating result€-1k-€-8k▼ 483%€-33k▼ 299%€-17k▲ 47.2%€-2k▲ 89.6%
Net result€-2k-€-8k▼ 316%€-33k▼ 286%€-17k▲ 47.4%€-2k▲ 89.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €17k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1k
Fixed assets
€864 ▼ 67.4%
Current assets
€302 ▼ 5.6%
Key figures and ratios
Debt
€40k=
2023 · €41k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3k€1k▼
Fixed assets21/28€3k€864▼
Tangible fixed assets22/27€2k-
Plant, machinery and equipment23€2k-
Furniture and vehicles24€84-
Financial fixed assets28€864€864=
Current assets29/58€320€302▼
Amounts receivable within one year40/41€302€302=
Other amounts receivable41€302€302=
Cash at bank and in hand54/58€18-
Equity and liabilities
Total equity and liabilities10/49€3k€1k▼
Equity10/15€-38k€-39k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k-
Own shares acquired1312-€2k
Profit (loss) carried forward14€-58k€-60k▼
Amounts payable17/49€41k€40k=
Amounts payable within one year42/48€41k-
Taxes, remuneration and social security45€174-
Remuneration and social security454/9€174-
Other amounts payable47/48€40k-
Accrued charges and deferred income492/3-€40k
Income statement
Code20232024
Remuneration, social security and pensions62€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€649-
Other operating charges640/8€9k€2k▼
Gross operating margin9900€359-
Operating profit (loss)9901€-17k€-2k▲
Financial income75/76B€109-
Recurring financial income75€109-
Financial charges65/66B€182-
Recurring financial charges65€182-
Profit (loss) for the period before taxes9903€-17k€-2k▲
Profit (loss) for the period9904€-17k€-2k▲
Profit (loss) for the period to be appropriated9905€-17k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€-60k▼
Profit (loss) brought forward from the previous period14P€-41k€-58k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 129 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Mouscron · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ballonssteenweg(H) 4447712 MouscronGround area
4,179 m²
Parcel 54004L0291/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le Delta
since 20132.223.013.336
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004L0291/00A000 | Wallonia | 4,178 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RAM RENOVA ALTURA
BE 1018.951.940
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ALDOR
BE 0549.804.809
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BRAEM KEVIN RENOVATION
BE 0787.162.819
Dilbeek · Eq €12,483
RO & GO
BE 0468.845.441
Heusden-Zolder · Eq €12,483
PROCO &CO
BE 0873.528.055
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,471 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-1980
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.