RREC
ActiveSummary
RREC has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.4m and a net result of €1.0m. Equity has been growing by about 37% per year since 2019. Its solvency ranks better than 50% of 367 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-12-1987 Normal situation
- Activity
- Real estate agency activities NACE 68310and 2 others
- Establishment unit
- 2.035.366.539 8300 Knokke-Heist, since 02-03-1988
- Financial year end
- 31 March
- Peppol
- Reachable since 20-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €1.5m
- ▲ 45.1%
- Turnover
- ≈ €1.8m
- estimated
- Profit
- €1.0m
- ▲ 44.0%
- Equity
- €2.4m
- ▲ 29.3%
- Total assets
- €6.0m
- ▲ 124%
Score breakdownlowers riskSize: total assets €6.0mFigures for financial year 2026 (filed on 22-10-2026)Liquidity: current ratio 2.35, cash €1.2mFounded in 1987Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 59% of them on solvency, 93% on liquidity, 96% on profitability and 85% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-03-2026.
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).
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Signals
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 95% of companies in real estatesector median €14,029 · 365 companies €1.0m View
- Pledge on the business, new in 20261.5 times equity · not in the 2025 accounts €3.5m View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2026: €1.0m 8 years View
- Positive: Result rose in 2026from €713,980 to €1.0m ▲ 44.0% View
Recent changes
- · Gazette deed General meeting · Demerger
- · Gazette deed Incorporation · Founder
- · Gazette deed General meeting · Director resignation
Comparable companies
These companies have the same main activity as RREC: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €5.1m and €9.3m, founded between 1981 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| RREC Knokke-Heist | €6.0m | €1.5m |
| Themse Invest Knokke-Heist | €7.2m | €1.5m |
| IMMO EECKE Nieuwpoort | €5.4m | €2.0m |
| OFFICE DES PROPRIETAIRES WALLONIE Brussels | €5.7m | €1.9m |
| IMMOBILIEN PAUL MERGAERT Knokke-Heist | €5.1m | €2.0m |
| ALEX DEWULF Knokke-Heist | €7.0m | €1.0m |
| IMMO POTTELBERG Kortrijk | €9.3m | €1.0m |
Key facts about RREC
- What is the company number of RREC?
- The company number of RREC is 0432.696.313. The VAT number is the same number with BE in front: BE 0432.696.313.
- Where is RREC based?
- The registered office is at Van Bunnenlaan 23, 8300 Knokke-Heist.Company details
- What does RREC do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of RREC?
- RREC is a private limited company (BV).
- When was RREC founded?
- RREC was founded on 05-12-1987.
- Is RREC still active?
- Yes, RREC is an active enterprise in the KBO register.
- What is the turnover of RREC?
- The turnover in financial year 2026 is ≈ €1.8m. This figure is estimated from the gross margin of €1.5m and 147 comparable companies (NACE 68). It probably lies between €1.5m and €2.4m.Financials
- Is RREC profitable?
- In financial year 2026, RREC made a profit of €1.0m.
- Where can I find the annual accounts of RREC?
- RREC filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of RREC due?
- RREC must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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