RREC
ActiveRREC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.85M and a net result of €714k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 9114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency94▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 5.77 in 2024; short-term debt: 19.9% and cash: 4.4% of total assets), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.5%
Return on assets
26.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
16 d early
2023
1 d early
2022
7 d early
2021
5 d early
2020
5 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.85M▲ 35.2%
2024 · €1.37M
2019: €266k
2020: €313k
2021: €356k
2022: €358k
2023: €826k
2024: €1.37M
2019 → 2025
Total assets
€2.66M▲ 35.3%
2024 · €1.97M
2019: €403k
2020: €408k
2021: €476k
2022: €589k
2023: €1.55M
2024: €1.97M
2019 → 2025
Net result
€714k▲ 14.7%
2024 · €622k
2019: €81k
2020: €47k
2021: €69k
2022: €117k
2023: €487k
2024: €622k
2019 → 2025
Working capital
€1.35M▲ 5.5%
2024 · €1.28M
2019: €258k
2020: €301k
2021: €343k
2022: €353k
2023: €799k
2024: €1.28M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€356k-€358k▲ 0.6%€826k▲ 131%€1.37M▲ 65.9%€1.85M▲ 35.2%
Operating result€93k-€169k▲ 82.8%€709k▲ 318%€900k▲ 27.0%€1.01M▲ 12.2%
Net result€69k-€117k▲ 69.9%€487k▲ 317%€622k▲ 27.9%€714k▲ 14.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.66M
Fixed assets
€786k▲ 85.4%
Current assets
€1.88M▲ 21.5%
Equity and liabilities €2.66M
Equity
€1.85M▲ 35.2%
Debt
€814k▲ 35.5%
The debt ratio rises from 30.5% to 30.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.04M▲
2024 · €928k
Cash flow
€743k▲
2024 · €650k
Solvency
69.5%▼
2024 · 69.5%
Current ratio
3.55▼
2024 · 5.77
Quick ratio
3.55▼
2024 · 5.77
Debt / equity
0.44▲
2024 · 0.44
ROE
38.6%▼
2024 · 45.4%
ROA
26.8%▼
2024 · 31.6%
Interest coverage
117.79▲
2024 · 70.13
Debt
€814k▲
2024 · €601k
Debt ≤ 1 year
€529k▲
2024 · €268k
Debt > 1 year
€281k▼
2024 · €311k
Income taxes
€321k▲
2024 · €284k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.97M€2.66M▲
Fixed assets21/28€424k€786k▲
Tangible fixed assets22/27€422k€784k▲
Land and buildings22€416k€781k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€542€0▼
Other tangible fixed assets26€1k€47▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.55M€1.88M▲
Amounts receivable after more than one year29-€209k
Other amounts receivable291-€209k
Amounts receivable within one year40/41€182k€61k▼
Trade receivables40€182k€47k▼
Other amounts receivable41€134€14k▲
Current investments50/53€1.20M€1.47M▲
Cash at bank and in hand54/58€160k€118k▼
Deferred charges and accrued income490/1€6k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.97M€2.66M▲
Equity10/15€1.37M€1.85M▲
Contributions10/11€20k€20k=
Reserves13€1.35M€1.83M▲
Distributable reserves133€1.35M€1.83M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€601k€814k▲
Amounts payable after more than one year17€311k€281k▼
Financial debts170/4€311k€281k▼
Amounts payable within one year42/48€268k€529k▲
Current portion of amounts payable after more than one year42€29k€30k▲
Trade debts44€2k€168k▲
Suppliers440/4€2k€168k▲
Taxes, remuneration and social security45€99k€99k=
Taxes450/3€97k€99k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€138k€233k▲
Accrued charges and deferred income492/3€22k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€931k€1.04M▲
Operating profit (loss)9901€900k€1.01M▲
Financial income75/76B€19k€34k▲
Recurring financial income75€19k€34k▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€906k€1.04M▲
Income taxes67/77€284k€321k▲
Profit (loss) for the period9904€622k€714k▲
Profit (loss) for the period to be appropriated9905€622k€714k▲
Appropriation of the result
Profit (loss) to be appropriated9906€622k€714k▲
Transfer from equity791/2€79k€233k▲
Transfer to equity691/2€622k€714k▲
To other reserves6921€622k€714k▲
Profit to be distributed694/7€79k€233k▲
Return on contributions (dividend)694€79k€233k▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €714k ▲14.7%
Operating result €1.01M, net result €714k, both a record.
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €1MEq €1.37M ▲65.9%
6 profitable years in a row build equity to €1.37M.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €500kEq €826k ▲131%
5 profitable years in a row build equity to €826k.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €47k ▼41.2%
Net result drops to €47k, the lowest in the series; recovery starts the following year.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 1988
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.
Van Bunnenlaan 238300 Knokke-HeistGround area
234 m²
Building footprint
191 m²
Volume, LiDAR
1,180 m³
Parcel 31334B0209/00F000, Flanders · tallest building 18.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RREC
since 19882.035.366.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0209/00F000 | Flanders | 234 m² | 1 · 191 m² | 18.1 m · 3 fl. |
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
ORA
BE 0889.168.811
Elsene · Eq €1.85M
GRANIT - ANNA PLEIN
BE 0445.891.083
Hamme (Vl.) · Eq €1.85M
IMMO ROLI
BE 0448.804.053
Dendermonde · Eq €1.86M
BEL INVEST
BE 0426.865.722
Dilbeek · Eq €1.86M
COLINVEST
BE 0450.563.218
Brussel · Eq €1.86M
Of 11,751 companies in sector 68310 we hold annual accounts for 6,908. 2,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-1987
Fiscal year end31-03
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.