ACTIVE

RYCOBEL

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Financial year 2025 · closed on 31/12/2025

Net result

606,5 k €

-40.0% YoY

Gross margin

2,9 M €

-17.1% YoY

Equity

1,8 M €

-4.9% YoY

Workforce

16,3 ETP

-15.1% YoY

What does RYCOBEL do?

RYCOBEL is a Public limited company incorporated in 1988. Its registered office is in Deerlijk. It employs on average 16,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.384.716

Incorporation

17/02/1988

Legal form

Public limited company

Registered office

Nijverheidslaan 47
8540 Deerlijk · FlandreSee on map

Contributed capital

110 000,00 €

Latest accounts

31/12/2025

Average workforce

16,3 ETP

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,9 M €	-17.1%	3,5 M €	-5.2%	3,7 M €	+3.3%	3,6 M €	+26.2%	2,9 M €	+15.1%	2,5 M €	+15.2%	2,1 M €	-14.0%	2,5 M €	+11.3%	2,2 M €	+11.9%	2 M €	+18.7%	1,7 M €	-8.0%	1,8 M €	+8.4%	1,7 M €	+0.6%	1,7 M €	+15.4%	1,5 M €	-13.3%	1,7 M €	+3.2%	1,6 M €	-6.0%	1,7 M €
EBITDA	1,1 M €	-29.7%	1,5 M €	-8.4%	1,6 M €	-12.7%	1,9 M €	+31.2%	1,4 M €	+22.5%	1,2 M €	+37.3%	855,7 k €	-29.3%	1,2 M €	+15.5%	1 M €	+16.3%	901,2 k €	+56.8%	574,8 k €	-23.6%	752,2 k €	+8.6%	692,7 k €	-9.5%	765,4 k €	+54.9%	494 k €	-5.8%	524,4 k €	+11.9%	468,4 k €	-37.4%	747,7 k €
Operating result	737,5 k €	-41.7%	1,3 M €	-14.0%	1,5 M €	-16.4%	1,8 M €	+30.4%	1,4 M €	+25.3%	1,1 M €	+46.5%	735,2 k €	-33.5%	1,1 M €	+13.6%	972,2 k €	+22.5%	794 k €	+62.7%	488 k €	-24.0%	642,3 k €	+15.8%	554,4 k €	-8.3%	604,4 k €	+78.5%	338,7 k €	-16.9%	407,6 k €	+15.4%	353,3 k €	-42.3%	612,8 k €
Net result	606,5 k €	-40.0%	1 M €	-16.7%	1,2 M €	-10.3%	1,4 M €	+43.7%	940,8 k €	+0.3%	938,2 k €	+117%	431,6 k €	-37.4%	689,2 k €	+16.6%	590,9 k €	+23.8%	477,2 k €	+84.4%	258,7 k €	-27.9%	358,8 k €	+17.6%	305 k €	-1.5%	309,6 k €	+13.3%	273,3 k €	+11.4%	245,2 k €	+10.1%	222,6 k €	-40.0%	370,9 k €
Balance sheet
Equity	1,8 M €	-4.9%	1,9 M €	-48.3%	3,7 M €	+29.9%	2,8 M €	+1.8%	2,8 M €	+33.7%	2,1 M €	-19.6%	2,6 M €	+19.9%	2,2 M €	+14.4%	1,9 M €	+11.2%	1,7 M €	-16.4%	2 M €	+14.5%	1,8 M €	+25.2%	1,4 M €	+27.3%	1,1 M €	+38.3%	807,8 k €	-8.6%	883,9 k €	-59.3%	2,2 M €	+11.7%	1,9 M €
Total assets	6,2 M €	-4.9%	6,5 M €	-9.8%	7,3 M €	-16.8%	8,7 M €	+53.3%	5,7 M €	+18.3%	4,8 M €	+17.3%	4,1 M €	-0.3%	4,1 M €	+6.6%	3,9 M €	+3.6%	3,7 M €	-0.9%	3,8 M €	-4.9%	3,9 M €	+14.7%	3,4 M €	+12.4%	3,1 M €	+7.6%	2,8 M €	-20.9%	3,6 M €	+10.6%	3,3 M €	+8.1%	3 M €
Cash	107,9 k €	-2.8%	111 k €	-29.3%	156,9 k €	-23.3%	204,4 k €	-29.9%	291,8 k €	-85.7%	2 M €	+39.8%	1,5 M €	+25.3%	1,2 M €	+8.9%	1,1 M €	+29.6%	825,7 k €	-11.9%	937,3 k €	+97.3%	475,2 k €	+8.6%	437,7 k €	+92.8%	227 k €	+61.8%	140,3 k €	-70.6%	476,9 k €	+21.4%	392,9 k €	+176%	142,6 k €
Debts	4,3 M €	-4.7%	4,5 M €	+27.6%	3,5 M €	-28.7%	5 M €	+113%	2,3 M €	+31.4%	1,8 M €	+38.0%	1,3 M €	-23.9%	1,7 M €	-6.1%	1,8 M €	+15.9%	1,6 M €	+34.5%	1,2 M €	-30.3%	1,7 M €	-6.5%	1,8 M €	+0.5%	1,8 M €	+6.5%	1,7 M €	-25.8%	2,2 M €	+151%	890,5 k €	-3.3%	921,1 k €
Other
Workforce	16,3 ETP	-15.1%	19,2 ETP	-8.6%	21,0 ETP	+10.5%	19,0 ETP	+6.7%	17,8 ETP	-2.2%	18,2 ETP	-3.7%	18,9 ETP	+9.2%	17,3 ETP	+2.4%	16,9 ETP	+0.6%	16,8 ETP	-4.0%	17,5 ETP	-0.6%	17,6 ETP	+15.0%	15,3 ETP	+5.5%	14,5 ETP	-8.8%	15,9 ETP	-9.7%	17,6 ETP	-8.3%	19,2 ETP	+11.6%	17,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 36 ended

Active mandates

Jan Ponnet

Director

Active

Newton Force

Director · 0756.639.293

Represented by Cédric De Quinnemar

Active

Ended mandates

Newton Force

Director · since 29 mars 2023 · until 29 mars 2029 · 0756.639.293

Represented by Cédric De Quinnemar

Ended

PONNET Jan

Director · since 29 mars 2023 · until 29 mars 2029

Ended

Cedric De Quinnemar

Chairman of the board of directors · since 23 octobre 2020 · until 29 juin 2026

Ended

Cédric DE QUINNEMAR

Chairman of the board of directors · since 23 octobre 2020 · until 23 octobre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
Newton Force● Active	0756.639.293

Annual accounts

Full financial information

	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	30/06/2026	15/07/2025	03/07/2024	05/07/2023	28/06/2022	30/07/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/03/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/03/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	12/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	23/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	16/07/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 36 ended

Active mandates

Jan Ponnet

Director

Active

Newton Force

Director · 0756.639.293

Represented by Cédric De Quinnemar

Active

Ended mandates

Newton Force

Director · since 29 mars 2023 · until 29 mars 2029 · 0756.639.293

Represented by Cédric De Quinnemar

Ended

PONNET Jan

Director · since 29 mars 2023 · until 29 mars 2029

Ended

Cedric De Quinnemar

Chairman of the board of directors · since 23 octobre 2020 · until 29 juin 2026

Ended

Cédric DE QUINNEMAR

Chairman of the board of directors · since 23 octobre 2020 · until 23 octobre 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other28/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2008
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2007
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025606,5 k €↓
2024
Annual accounts 20241 M €↓
2023
Annual accounts 20231,2 M €↓
2022
Annual accounts 20221,4 M €↑
2021
Annual accounts 2021940,8 k €↑
2018
Annual accounts 2018938,2 k €↑
2017
Annual accounts 2017431,6 k €↓
2016
Annual accounts 2016689,2 k €↑
2015
Annual accounts 2015590,9 k €↑
2014
Annual accounts 2014477,2 k €↑
2013
Annual accounts 2013258,7 k €↓
2012
Annual accounts 2012358,8 k €↑
2011
Annual accounts 2011305 k €↓
2010
Annual accounts 2010309,6 k €↑
2009
Annual accounts 2009273,3 k €↑
2008
Annual accounts 2008245,2 k €↑
2008
Name changeRYCOBEL
2007
Annual accounts 2007222,6 k €↓
2006
Annual accounts 2006370,9 k €
2006
Name changeRYSSAERT EN CO BELGIUM
17/02/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RYCOBEL

Overview

What does RYCOBEL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline