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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RECOMAX from Sint-Pieters-Woluwe, company number BE0866326103, closed financial year 2025 with a result of € -123,645 after tax. For that financial year RECOMAX recorded a gross margin of € -30,546 and equity of € -6.1 million. Compared with financial year 2024, the result moved from € -54,209 to € -123,645. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ -6.1 million
▼ € 123,645 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -123,645
▼ 128 % more loss than in 2024
Profit after tax over the fiscal year.
€ 26,777
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 70,753
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,354 | € 1,842 | - | - | |
| Gross margin | € 663,130 | € -29,988 | € -40,571 | € -30,546 | ▲ € 10,025 |
| Profit after taxes | € 412,139 | € -164,596 | € -54,209 | € -123,645 | ▼ € 69,437 |
| Equity | € -5,807,010 | € -5,971,605 | € -6,025,814 | € -6,149,459 | ▼ € 123,645 |
| Total debts | € 7,720,327 | € 7,788,560 | € 7,057,557 | € 6,204,534 | ▼ 12% |
| Cash | € 26,091 | € 410,246 | € 120,444 | € 26,777 | ▼ 78% |
| Retained profit | € -5,955,190 | € -6,119,785 | € -6,173,994 | € -6,297,639 | ▼ € 123,645 |
| Balance sheet total | € 1,913,317 | € 1,816,955 | € 1,031,743 | € 55,075 | ▼ 95% |
Key figures of RECOMAX, 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 RECOMAX?
What happened at RECOMAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 123,645. filed late Source: NBB ↗
- TOO'GEZER SA stepped down as director. NBB
- Gonzague MULLIEZ stepped down as director. NBB
- TOO'GEZER SA became a director. NBB
- Gonzague MULLIEZ became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 412,139 profit in 2022 to € 123,645 loss in 2025.
Best year ever: 2022, with € 412,139 profit.
Management
The stake of ALTON FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RECOMAXThe shares are held by ALTON FINANCE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Patrice DESCAMPS
Also active at: Alliance pour une Coordination Active de Distribution Internationale et Européenne, VIZZION EUROPE, SUPALI, ONE WORLD AVENUE, CONSTRUCT ME, LAREBEL-WOLUWE, Alliance Loi, ALTON FINANCE +3 more
since 2024 · until 2026
Gonzague MULLIEZ
Director
Also active at: VIZZION EUROPE, LAREBEL-WOLUWE, Alliance Loi, ALTON FINANCE, VIZZION PARTICIPATIONS
since 2024 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 270
1150 Sint-Pieters-Woluwe
Kasteleinsstraat 8
1000 Brussel
Active since 13 July 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
All companies at this address →PUBSTONE
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€ 5.2 million revenue · 2025
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€ 16 million revenue · 2025
RHONE ARTS
MERCURI URVAL
€ 3.4 million revenue · 2025
+81 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
- 0866.326.103
- VAT number
- BE 0866.326.103
- Registered office
- Tervurenlaan 270, 1150 Sint-Pieters-Woluwe
- Names & denominations
- RECOMAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2004
- Peppol
- Active · Active since 18 Dec 2025