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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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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 2023
REC XV from Knokke-Heist, company number BE0867470307, closed financial year 2023 with a result of € -12,133 after tax. For that financial year REC XV recorded a gross margin of € -9,485 and equity of € -43,178. Compared with financial year 2022, the result moved from € -7,568 to € -12,133. 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 3, 2024.
€ -43,178
▼ € 12,133 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,133
▼ 60 % more loss than in 2022
Profit after tax over the fiscal year.
€ 110
▲ 17% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,178.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 9,791
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -12,778 | € -4,772 | € -9,485 | ▼ € 4,713 |
| Profit after taxes | € -14,929 | € -7,568 | € -12,133 | ▼ € 4,565 |
| Equity | € -23,476 | € -31,044 | € -43,178 | ▼ € 12,133 |
| Total debts | € 30,995 | € 31,138 | € 43,287 | ▲ 39% |
| Cash | € 935 | € 94 | € 110 | ▲ 17% |
| Land & buildings | € 6,584 | - | - | |
| Retained profit | € -85,476 | € -93,044 | € -105,178 | ▼ € 12,133 |
| Balance sheet total | € 7,519 | € 94 | € 110 | ▲ 17% |
Key figures of REC XV, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to REC XV?
What happened at REC XV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc H.A.H.I. Bergman stepped down as director. NBB
- Frans Carlo August Bergman stepped down as director. NBB
- Jurgen Francisco Otten stepped down as director. NBB
- Franz L.W.H.F.P. Bergman stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 12,133. filed late Source: NBB ↗
- Luc H.A.H.I. Bergman became a director. NBB
- Frans Carlo August Bergman became a director. NBB
- Jurgen Francisco Otten became a director. NBB
In short
From € 14,929 loss in 2021 to € 12,133 loss in 2023.
Management
Directors
According to the 2023 annual accounts
Luc H.A.H.I. Bergman
Director
since 2022 · until 2028
Frans Carlo August Bergman
Director
since 2022 · until 2028
Jurgen Francisco Otten
Director
since 2022 · until 2028
Franz L.W.H.F.P. Bergman
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Duindistelstraat 11
8300 Knokke-Heist
Noorderlaan 139
2030 Antwerpen
Active since 1 February 2005
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
- 0867.470.307
- VAT number
- BE 0867.470.307
- Registered office
- Duindistelstraat 11, 8300 Knokke-Heist
- Names & denominations
- REC XV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2004
- Peppol
- Not registered