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RECIMMO

Active
Public limited companyfounded 198937 yrs activeEsenstraat 82, 8610 Kortemark, BelgiumKBO/BCE: BE 0437.837.313
Summary

RECIMMO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €89,113. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 5669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
RECIMMOActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
#9 oldest company in Kortemark, Real estate sector1 site
Size
€1.8mtotal assets 2025
Equity
€1.8m
Profit
€89,113
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
Somo Invest
Accounts 7 d early0 of 5 deeds read
Why 97+ Liquidity: current ratio 23.96, cash €336,603+ Equity €1.8m (98.9% of total assets)+ Size: total assets €1.8m+ Founded in 1989Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 75% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 98.9% of total assets
Liquidity 73+5
short-term debt 0.8% · cash 18.4%
Profitability 75-10
return on assets 4.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▲ +3.3% vs 01-2025 03-2025: < 0.1%▲ +3.2% vs 02-2025 04-2025: < 0.1%▲ +3.1% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%▲ +3.0% vs 05-2025 07-2025: < 0.1%▲ +20.6% vs 06-2025 08-2025: < 0.1%▼ -14.6% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▲ +2.9% vs 01-2026 03-2026: < 0.1%▲ +5.6% vs 02-2026 04-2026: < 0.1%▲ +2.6% vs 03-2026 05-2026: < 0.1%▼ -2.6% vs 04-2026 06-2026: < 0.1%▲ +5.3% vs 05-2026 07-2026: < 0.1%▲ +5.0% vs 06-2026highest value 08-2026: < 0.1%▼ -42.9% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 23.96, cash €336,603 lowers the probability
  • Equity €1.8m (98.9% of total assets) lowers the probability
  • Size: total assets €1.8m lowers the probability for this profile
  • Founded in 1989 lowers the probability for this profile
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 23.96 against 56.57 in 2024; short-term debt: 0.8% and cash: 18.4% of total assets), and 1.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 82%, profitability 69%, growth against the median 59%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 23.96, cash €336,603
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €1.8m (98.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €1.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1989
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
22 d early
2023
41 d early
2022
47 d early
2021
47 d early
2020
46 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. General meeting · Auditor reportOther statement · Capital contribution
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Among the best 5% on solvencysector median 38.6% · 5,669 companies 98.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €89,113 8 years View
  • Controlled by Somo Invest parent View

By topic

Financials

Fiscal year
2025
Total assets
€1.8m
Profit
€89,113
Solvency
98.9%
Turnover▼ 1.3%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 24-07-2026Annual accounts filed
  2. 12-12-2025General meeting · Auditor report
  3. 09-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
21-06-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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