Recinco
0408.194.509 · rovalta.com · 24/09/2026
ACTIVE
Recinco
Financial year 2025 · Closed on 31/12/2025
Net result
174,4 k €
+131,5 %over 1 yearRevenue
4,3 M €
+155,5 %over 1 yearEquity
865,2 k €
+16,8 %over 1 yearWorkforce
11,0 ETP
0,0 %over 1 yearOverview
Identity
Source · BCE/KBORecinco is a Public limited company incorporated in 1971. Its main activity is: Manufacture of other chemical products n.e.c.. Its registered office is in Dendermonde. It employs on average 11,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0408.194.509
- Incorporation
- 11/03/1971
- Legal form
- Public limited company
- Registered office
- Hoogveld 5 box 1
9200 Dendermonde · FlandreSee on map - Contributed capital
- 247 893,52 €
- Latest accounts
- 31/12/2025
- Average workforce
- 11,0 ETP
Activities (NACE)
20590Manufacture of other chemical products n.e.c.· main20590Manufacture of other chemical products n.e.c.24660Manufacture of basic metals43230Electrical, plumbing and other construction installation activities43291Other construction installation45320Retail trade of motor vehicle parts and accessories+2
Joint committees (2)
- 116
- 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 21 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 4,3 M € | +156% | 1,7 M € | +15.5% | 1,5 M € | -12.7% | 1,7 M € | -44.7% | 3 M € |
| EBITDA | 235,8 k € | +141% | -577,5 k € | -274% | -154,4 k € | +18.0% | -188,2 k € | -173% | 257,5 k € |
| Operating result | 207,4 k € | +138% | -550,2 k € | -2304% | 25 k € | -42.2% | 43,2 k € | -79.1% | 206,2 k € |
| Net result | 174,4 k € | +132% | -553,4 k € | -3521% | 16,2 k € | -18.6% | 19,9 k € | -86.9% | 151,7 k € |
| Balance sheet | |||||||||
| Equity | 865,2 k € | +16.8% | 740,5 k € | -42.8% | 1,3 M € | +1.3% | 1,3 M € | +1.6% | 1,3 M € |
| Total assets | 1,3 M € | -23.5% | 1,8 M € | +5.3% | 1,7 M € | -10.5% | 1,9 M € | -27.5% | 2,6 M € |
| Cash | 17,9 k € | -76.9% | 77,5 k € | -68.2% | 243,4 k € | +117% | 112,3 k € | -44.5% | 202,2 k € |
| Debts | 267,7 k € | -67.7% | 829,9 k € | +525% | 132,7 k € | +6.1% | 125,1 k € | -78.5% | 582,6 k € |
| Other | |||||||||
| Workforce | 11,0 ETP | 0.0% | 11,0 ETP | 0.0% | 11,0 ETP | 0.0% | 11,0 ETP | +10.0% | 10,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 23 ended
Active mandates
Bavo Gielis
ActiveKarel Abbeel
ActiveEnded mandates
Bavo Gielis
EndedKarel Abbeel
EndedBavo De heer Gielis
EndedKarel De heer Abbeel
EndedOther companies at this address
Hoogveld 5 9200 Dendermonde| Company | CBE no. |
|---|---|
DENDERMONDSE RECYCLAGE● Active | 0471.455.236 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 20/02/2026 | 30/07/2025 | 04/07/2024 | 15/06/2023 | 12/05/2022 | 27/07/2021 |
| General meeting | 19/02/2026 | 30/06/2025 | 25/06/2024 | 30/05/2023 | 12/04/2022 | 15/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/02/2026 | 20/02/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 30/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 25/06/2024 | 04/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/05/2023 | 15/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 12/04/2022 | 12/05/2022 | Dutch | |
| Abridged modelCorrection | 31/12/2020 | 15/06/2021 | 27/07/2021 | Dutch | |
| Abridged model | 31/12/2020 | 15/06/2021 | 30/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 30/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 29/06/2019 | 31/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 27/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 12/04/2016 | 06/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 14/04/2015 | 28/12/2015 | Dutch | |
| Abridged model | 31/12/2013 | 26/06/2014 | 04/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/06/2013 | 13/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 07/11/2011 | 16/11/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 28/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 27/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 27/06/2008 | 14/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 14/09/2007 | 20/09/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 23 ended
Active mandates
Bavo Gielis
ActiveKarel Abbeel
ActiveEnded mandates
Bavo Gielis
EndedKarel Abbeel
EndedBavo De heer Gielis
EndedKarel De heer Abbeel
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates05/09/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates30/11/2018ONTSLAGEN - BENOEMINGEN
- Mandates12/02/2016ONTSLAGEN - BENOEMINGEN
- Mandates23/07/2014ONTSLAGEN - BENOEMINGEN
- Mandates14/02/2013ONTSLAGEN - BENOEMINGEN
- Mandates10/08/2010ONTSLAGEN - BENOEMINGEN
- Mandates30/11/2007ONTSLAGEN - BENOEMINGEN
- Mandates28/09/2004ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025174,4 k €↑
- 2024Annual accounts 2024-553,4 k €↓
- 2023Annual accounts 202316,2 k €↓
- 2022Annual accounts 202219,9 k €↓
- 2021Annual accounts 2021151,7 k €↓
- 2018Annual accounts 2018154,7 k €↑
- 2017Annual accounts 2017-413,9 k €↓
- 2016Annual accounts 201659,3 k €↓
- 2015Annual accounts 2015152 k €↑
- 2014Annual accounts 2014-296,2 k €↓
- 2013Annual accounts 2013-86,3 k €↓
- 2012Annual accounts 2012517,3 k €↓
- 2011Annual accounts 2011524,4 k €↑
- 2010Annual accounts 201092,9 k €↑
- 2009Annual accounts 2009-100,2 k €↓
- 2008Annual accounts 2008171,1 k €↑
- 2007Annual accounts 2007162,6 k €↑
- 2006Annual accounts 200686,6 k €
- 11/03/1971IncorporationPublic limited company