Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
REC Consulting from Dalhem, company number BE0865524367, closed financial year 2024 with a result of € 1,704 after tax. For that financial year REC Consulting recorded a gross margin of € 21,925 and equity of € 520,741. Compared with financial year 2023, the result moved from € -15,041 to € 1,704. Profitable, and profit is growing. 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 October 31, 2025.
€ 520,741
▼ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,704
▲ still € 15,041 loss in 2023
Profit after tax over the fiscal year.
€ 7
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2,579
▲ 91% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 64,000
▼ 20% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 16,745 | € 46,272 | € 25,044 | € 21,925 | ▼ 12% |
| Profit after taxes | € 8,497 | € 6,969 | € -15,041 | € 1,704 | ▲ € 16,745 |
| Equity | € 593,109 | € 600,078 | € 564,037 | € 520,741 | ▼ 8% |
| Total debts | € 21,183 | € 60,004 | € 81,786 | € 111,579 | ▲ 36% |
| Cash | € 2,228 | € 1 | € 94 | € 7 | ▼ 92% |
| Retained profit | € 573,109 | € 580,078 | € 544,037 | € 500,741 | ▼ 8% |
| Dividend | € 31,000 | € 0 | € 21,000 | € 45,000 | ▲ 114% |
| Bank debt | € 0 | € 9,396 | € 0 | € 0 | |
| Balance sheet total | € 614,292 | € 660,082 | € 645,823 | € 632,321 | ▼ 2% |
Key figures of REC Consulting, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to REC Consulting?
What happened at REC Consulting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,704. filed late Source: NBB ↗
- New establishment in Dalhem. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,497 profit in 2021 to € 1,704 profit in 2024.
Paid € 93,934 in corporate taxes since 2021.
Best year ever: 2021, with € 8,497 profit.
Paid out € 97,000 in dividends to the owners in total.
Management
Behind REC Consulting is Etienne CEULEMANS. Etienne CEULEMANS is also behind Cabinet d'étude en gestion, expertise-comptable et conseil fiscal Ceulemans & Partners.
Directors
According to the 2024 annual accounts
Etienne CEULEMANS
Director
Also active at: Cabinet d'étude en gestion, expertise-comptable et conseil fiscal Ceulemans & Partners
Establishments
Establishment units
Physical locations of this company
Rue des Trois Rois(DAL) 5
4607 Dalhem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.524.367
- VAT number
- BE 0865.524.367
- Registered office
- Rue des Trois Rois(DAL) 5, 4607 Dalhem
- Names & denominations
- REC Consulting
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2004
- Peppol
- Not registered
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Accountants
Belastingconsulenten