NORMAL SITUATION

Recherche et Technologie - Research for Technology

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Company — Normal situation.

Financial year 2022 · Closed on 31/05/2022

Net result201 k €-42,0 %over 1 year
Revenue4 M €-58,0 %over 1 year
Equity1,4 M €+16,5 %over 1 year
Workforce65,0 ETP+2,4 %over 1 year

Identity

Source · BCE/KBO

Recherche et Technologie - Research for Technology is a company registered in Belgium. It employs on average 65,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.268.723
Legal form
Public limited company
Contributed capital
620 000,00 €
Latest accounts
31/05/2022
Average workforce
65,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 43 filings

Trend over 16 financial years

20222021202020192018
Income statement
Revenue4 M €9,6 M €9,7 M €10,9 M €9,8 M €
EBITDA403,4 k €907,5 k €830,4 k €662,2 k €710 k €
Operating result244,4 k €524,2 k €489,1 k €433,3 k €452,5 k €
Net result201 k €346,4 k €274,2 k €210 k €252,9 k €
Balance sheet
Equity1,4 M €1,2 M €1,1 M €1,1 M €930,2 k €
Total assets3,8 M €3,9 M €3,4 M €4,3 M €4,5 M €
Cash267 k €484,7 k €253 k €212,6 k €1 M €
Debts2,4 M €2,7 M €2,3 M €3,2 M €3,5 M €
Other
Workforce65,0 ETP63,5 ETP60,3 ETP56,6 ETP51,5 ETP

Board of directors

Source · NBB, accounts to 31/05/2022

4 active · 28 ended

Active mandates

BOS

Director · since 09 mai 2022 · until 11 mai 2026 · 0688.781.162

Represented by PETER BOS

Active
Ref.lex

Director · since 09 mai 2022 · until 11 mai 2026 · 0723.851.513

Represented by Johan Van de Velde

Active
PRISCILLA SIMONIS

Director · since 10 mai 2021 · until 13 mai 2024

Active
Nicolas Keutgen

Managing director · since 12 mai 2020 · until 16 mai 2023 · 0661.868.216

Represented by NICOLAS KEUTGEN

Active

Ended mandates

Nicolas Keutgen

Managing director · since 12 mai 2020 · until 09 mai 2023 · 0661.868.216

Represented by NICOLAS KEUTGEN

Ended
ALEXIS GERMEAU

Director · since 23 juillet 2019 · until 09 mai 2022

Ended
BOS

Director · since 03 juin 2019 · until 09 mai 2022 · 0688.781.162

Represented by PETER BOS

Ended
PRISCILLA SIMONIS

Director · since 14 mai 2018 · until 10 mai 2021

Ended

Full financial information

Source · NBB
202220212020201920182017
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/05/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year5 months12 months12 months12 months12 months12 months
Filing date12/06/202307/06/202203/06/202128/05/202007/06/201913/08/2018
General meeting16/05/202309/05/202210/05/202111/05/202003/06/201931/05/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 43 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/05/202216/05/202312/06/2023FrenchPDF
Full model31/12/202109/05/202207/06/2022FrenchPDF
Full model31/12/202010/05/202103/06/2021FrenchPDF
Full model31/12/201911/05/202028/05/2020FrenchPDF
Full model31/12/201803/06/201907/06/2019FrenchPDF
Full model31/12/201731/05/201813/08/2018FrenchPDF
Full model31/12/201608/05/201722/08/2017FrenchPDF
Full model31/12/201509/05/201628/06/2016FrenchPDF
Full model31/12/201411/05/201505/06/2015FrenchPDF
Full model31/12/201312/05/201403/06/2014FrenchPDF
Full model31/12/201213/05/201305/06/2013FrenchPDF
Full model31/12/201114/05/201231/05/2012FrenchPDF
Full model31/12/201009/05/201106/06/2011FrenchPDF
Full model31/12/200910/05/201007/06/2010FrenchPDF
Full model31/12/200811/05/200905/06/2009FrenchPDF
Full model31/12/200713/05/200805/06/2008FrenchPDF
Full model31/12/200614/05/200707/06/2007FrenchPDF
Full model31/12/200508/05/200608/06/2006FrenchPDF
Full model31/12/200424/05/200507/06/2005FrenchPDF
Full model31/12/200310/05/200430/06/2004FrenchPDF
Full model31/12/200212/05/200301/07/2003FrenchPDF
Full model31/12/200113/05/200226/06/2002FrenchPDF
Full model31/12/200014/05/200104/07/2001FrenchPDF
Full modelCorrection31/12/199908/05/200006/09/2000FrenchPDF

View all 43 filings

Indicative valuation

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/05/2022

4 active · 28 ended

Active mandates

BOS

Director · since 09 mai 2022 · until 11 mai 2026 · 0688.781.162

Represented by PETER BOS

Active
Ref.lex

Director · since 09 mai 2022 · until 11 mai 2026 · 0723.851.513

Represented by Johan Van de Velde

Active
PRISCILLA SIMONIS

Director · since 10 mai 2021 · until 13 mai 2024

Active
Nicolas Keutgen

Managing director · since 12 mai 2020 · until 16 mai 2023 · 0661.868.216

Represented by NICOLAS KEUTGEN

Active

Ended mandates

Nicolas Keutgen

Managing director · since 12 mai 2020 · until 09 mai 2023 · 0661.868.216

Represented by NICOLAS KEUTGEN

Ended
ALEXIS GERMEAU

Director · since 23 juillet 2019 · until 09 mai 2022

Ended
BOS

Director · since 03 juin 2019 · until 09 mai 2022 · 0688.781.162

Represented by PETER BOS

Ended
PRISCILLA SIMONIS

Director · since 14 mai 2018 · until 10 mai 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution13/01/2023
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring16/11/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates16/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2019
    DEMISSIONS, NOMINATIONS
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2022
    Annual accounts 2022201 k €↓
  2. 2021
    Annual accounts 2021346,4 k €↑
  3. 2020
    Annual accounts 2020274,2 k €↑
  4. 2019
    Annual accounts 2019210 k €↓
  5. 2018
    Annual accounts 2018252,9 k €↑
  6. 2017
    Annual accounts 201765,8 k €↑
  7. 2016
    Annual accounts 201641,7 k €↑
  8. 2015
    Annual accounts 2015-102,6 k €↓
  9. 2014
    Annual accounts 201423,2 k €↑
  10. 2013
    Annual accounts 20135,6 k €↓
  11. 2012
    Annual accounts 20125,8 k €↑
  12. 2011
    Annual accounts 20113,8 k €↓
  13. 2010
    Annual accounts 20103,8 k €↓
  14. 2008
    Annual accounts 20088,7 k €↓
  15. 2007
    Annual accounts 200725,6 k €↑
  16. 2006
    Annual accounts 200612,1 k €