ACTIVE

DE RESE

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Financial year 2025 · closed on 31/12/2025

Net result

483 k €

+46.8% YoY

Gross margin

1,3 M €

+54.3% YoY

Equity

2,6 M €

+22.6% YoY

Workforce

0,0 ETP

What does DE RESE do?

DE RESE is a Private limited company incorporated in 1990. Its main activity is: Wholesale of live animals. Its registered office is in Nieuwpoort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.150.051

Incorporation

26/11/1990

Legal form

Private limited company

Registered office

Hemmestraat 28
8620 Nieuwpoort · FlandreSee on map

Contributed capital

30 986,69 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

46231Wholesale of live animals· main 46231Wholesale of live animals 51230Freight air transport and space transport 01231Growing of citrus fruits 01461Raising of swine/pigs 01461Raising of swine/pigs

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	+54.3%	816,8 k €	+35.9%	601,1 k €	-17.8%	730,9 k €	+124%	325,7 k €	+8.7%	299,6 k €	+130%	130,1 k €	-41.9%	224 k €	+25.5%	178,5 k €	+17.3%	152,1 k €	-44.3%	273 k €	+91.4%	142,6 k €	-42.4%	247,5 k €	+177%	89,3 k €	+294%	22,7 k €	-65.9%	66,6 k €	+61.2%	41,3 k €	+188%	14,4 k €	-80.7%	74,5 k €	+10.7%	67,4 k €
EBITDA	1,2 M €	+55.2%	797,7 k €	+36.4%	584,9 k €	-17.8%	711,2 k €	+129%	311,2 k €	+9.4%	284,6 k €	+143%	117,3 k €	-44.4%	210,9 k €	+30.7%	161,3 k €	+18.0%	136,7 k €	-47.4%	260,1 k €	+92.9%	134,8 k €	-43.4%	238,2 k €	+191%	81,8 k €	+1630%	4,7 k €	-91.4%	55,1 k €	+95.9%	28,1 k €	+341%	6,4 k €	-90.3%	66 k €	+15.6%	57,1 k €
Operating result	826,9 k €	+50.8%	548,3 k €	+5.2%	521,2 k €	-21.3%	662,5 k €	+216%	209,9 k €	-6.1%	223,5 k €	+281%	58,7 k €	-56.4%	134,6 k €	+35.5%	99,3 k €	+32.4%	75 k €	-64.5%	211,4 k €	+241%	62,1 k €	-29.2%	87,7 k €	+74.8%	50,1 k €	+430%	-15,2 k €	-151%	30 k €	+1054%	2,6 k €	+114%	-19,2 k €	-147%	40,5 k €	+0.4%	40,3 k €
Net result	483 k €	+46.8%	329 k €	+2.9%	319,9 k €	-26.8%	436,7 k €	+235%	130,4 k €	-7.1%	140,4 k €	+565%	21,1 k €	-69.8%	70 k €	+105%	34,2 k €	-23.8%	44,9 k €	-55.7%	101,4 k €	+715%	12,4 k €	-77.2%	54,6 k €	+22.2%	44,7 k €	+385%	-15,7 k €	-154%	29,1 k €	+3204%	881,5 €	+104%	-21,7 k €	-175%	29 k €	+7.0%	27,1 k €
Balance sheet
Equity	2,6 M €	+22.6%	2,1 M €	+18.2%	1,8 M €	+21.5%	1,5 M €	+41.5%	1,1 M €	+14.1%	921,7 k €	+18.0%	781,3 k €	+2.8%	760,2 k €	+10.1%	690,1 k €	+5.2%	655,9 k €	+7.3%	611 k €	+19.9%	509,6 k €	+2.5%	497,1 k €	+12.3%	442,5 k €	+11.2%	397,8 k €	-3.8%	413,5 k €	+7.6%	384,3 k €	+0.2%	383,5 k €	-5.4%	405,1 k €	+7.7%	376,2 k €
Total assets	10,5 M €	+39.2%	7,6 M €	+44.8%	5,2 M €	+3.7%	5 M €	+17.2%	4,3 M €	+46.0%	2,9 M €	+8.9%	2,7 M €	-4.7%	2,8 M €	+5.6%	2,7 M €	-0.1%	2,7 M €	-3.4%	2,8 M €	+1.8%	2,7 M €	+3.1%	2,6 M €	+73.9%	1,5 M €	+270%	411 k €	-8.6%	449,6 k €	+6.2%	423,3 k €	-12.6%	484,5 k €	-10.4%	541 k €	+13.2%	477,8 k €
Cash	346,1 k €	+15.4%	300 k €	+2767%	10,5 k €	-68.1%	32,8 k €	+46.4%	22,4 k €	-82.0%	124,2 k €	+308%	30,4 k €	-70.4%	102,8 k €	+262%	28,4 k €	-56.6%	65,4 k €	+2473%	2,5 k €	-96.9%	81,2 k €	-59.7%	201,4 k €	+16.0%	173,6 k €	+205%	56,9 k €	+48.2%	38,4 k €	+112%	18,1 k €	-73.8%	69,2 k €	+113%	32,5 k €	-27.7%	45 k €
Debts	7,9 M €	+45.8%	5,4 M €	+59.0%	3,4 M €	-3.8%	3,5 M €	+9.3%	3,2 M €	+60.6%	2 M €	+5.3%	1,9 M €	-7.5%	2,1 M €	+4.3%	2 M €	-2.1%	2 M €	-6.2%	2,2 M €	-2.5%	2,2 M €	+3.3%	2,1 M €	+99.3%	1,1 M €	+8272%	12,9 k €	-64.4%	36,1 k €	-7.3%	39 k €	-61.4%	101 k €	-25.7%	135,9 k €	+33.8%	101,5 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Christoph De Rese

Director

Active

Ended mandates

CHRISTOPH DE RESE

Director · since 30 décembre 2009

Ended

CHRISTOPH DE RESE

Manager · since 30 décembre 2009

Ended

HERMAN DE RESE

Manager · since 26 novembre 1990 · until 30 décembre 2009

Ended

HERMAN DE RESE

Manager · since 26 novembre 1990

Ended

At this address

Other companies at this address

Company	CBE no.
AGRI DE RESE● Active	0544.971.635
F. & C. DE RESE● Active	0808.754.227

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	30/04/2026	10/04/2025	18/07/2024	07/07/2023	06/07/2022	09/07/2021
General meeting	17/04/2026	10/03/2025	30/06/2024	09/06/2023	10/06/2022	11/06/2021
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	17/04/2026	30/04/2026	Dutch	PDF
Abridged model	31/12/2024	10/03/2025	10/04/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	12/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	03/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	13/07/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	07/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 · 1 active · 5 ended

Active mandates

Christoph De Rese

Director

Active

Ended mandates

CHRISTOPH DE RESE

Director · since 30 décembre 2009

Ended

CHRISTOPH DE RESE

Manager · since 30 décembre 2009

Ended

HERMAN DE RESE

Manager · since 26 novembre 1990 · until 30 décembre 2009

Ended

HERMAN DE RESE

Manager · since 26 novembre 1990

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/12/2022
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2010
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 2025483 k €↑
2024
Annual accounts 2024329 k €↑
2023
Annual accounts 2023319,9 k €↓
2022
Annual accounts 2022436,7 k €↑
2021
Annual accounts 2021130,4 k €↓
2020
Annual accounts 2020140,4 k €↑
2019
Annual accounts 201921,1 k €↓
2018
Annual accounts 201870 k €↑
2017
Annual accounts 201734,2 k €↓
2016
Annual accounts 201644,9 k €↓
2015
Annual accounts 2015101,4 k €↑
2014
Annual accounts 201412,4 k €↓
2013
Annual accounts 201354,6 k €↑
2012
Annual accounts 201244,7 k €↑
2011
Annual accounts 2011-15,7 k €↓
2010
Annual accounts 201029,1 k €↑
2009
Annual accounts 2009881,5 €↑
2008
Annual accounts 2008-21,7 k €↓
2007
Annual accounts 200729 k €↑
2006
Annual accounts 200627,1 k €
26/11/1990
IncorporationPrivate 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

DE RESE

Overview

What does DE RESE do?

Trend over 20 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