Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RECOVA from Leuven, company number BE0458098435, closed financial year 2025 with a result of € -60,908 after tax. For that financial year RECOVA recorded a gross margin of € -5,355 and equity of € 293,925. Compared with financial year 2024, the result moved from € 215,128 to € -60,908. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 293,925
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,908
▼ still € 215,128 profit in 2024
Profit after tax over the fiscal year.
€ 12,003
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 143,925.
People and assets in 2025
€ 6,693
▼ 57% vs 2024
Of which on lease € 4,854.
Debts at end 2025
€ 114,795
▼ 58% vs 2024
€ 32,227 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 927
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,211
▼ 28% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,281 | € 74,210 | € 65,375 | € -5,355 | ▼ € 70,731 |
| Profit after taxes | € 6,156 | € 57,935 | € 215,128 | € -60,908 | ▼ € 276,037 |
| Equity | € 121,770 | € 179,705 | € 394,833 | € 293,925 | ▼ 26% |
| Total debts | € 914,815 | € 700,720 | € 328,768 | € 334,037 | ▲ 2% |
| Cash | € 11,420 | € 18,627 | € 88,859 | € 12,003 | ▼ 86% |
| Land & buildings | € 497,003 | € 472,012 | € 468,465 | € 509,601 | ▲ 9% |
| Retained profit | € -28,230 | € 29,705 | € 244,833 | € 143,925 | ▼ 41% |
| Dividend | € 0 | € 0 | € 0 | € 40,000 | |
| Bank debt | € 246,987 | € 322,667 | € 274,731 | € 114,795 | ▼ 58% |
| Balance sheet total | € 1,036,584 | € 880,425 | € 723,602 | € 627,963 | ▼ 13% |
Key figures of RECOVA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RECOVA?
What happened at RECOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 60,908 (▼ € 276,037 vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,156 profit in 2022 to € 60,908 loss in 2025.
Paid € 24,811 in corporate taxes since 2022.
Best year ever: 2024, with € 215,128 profit.
Paid out € 40,000 in dividends to the owners in total.
A new publication or filing at RECOVA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind RECOVA is GEERT WELLENS. It owns 20% of Aquila itself.
Directors
According to the 2025 annual accounts
GEERT WELLENS
Director
Also active at: ZORGCONCEPT, Gent-Privilege, SOBRIMMO, Immo Van Craen, Triginta Development, Triginta Land, Triginta Investments, CURALEASE +11 more
Establishments
Establishment units
Physical locations of this company
Vaartkom 35 box 603
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →INTOE
€ 169,999 gross margin · 2025
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Dr. TH
€ 141,593 gross margin · 2025
MIFICAVA
€ 149,314 gross margin · 2025
BDBO
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.098.435
- VAT number
- BE 0458.098.435
- Registered office
- Vaartkom 35 bus 603, 3000 Leuven
- Names & denominations
- RECOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1996
- Peppol
- Active · Active since 5 Dec 2024
- Activities · NACE
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