NORMAL SITUATION

RECH

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Financial year 2021 · closed on 31/12/2021

Net result

85,3 k €

+77.0% YoY

Gross margin

1,7 M €

-30.7% YoY

Equity

1,1 M €

-49.1% YoY

Workforce

28,2 ETP

-32.7% YoY

Company — Normal situation.

What does RECH do?

RECH is a company registered in Belgium. It employs on average 28,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.981.407

Legal form

Public limited company

Contributed capital

124 000,00 €

Latest accounts

31/12/2021

Average workforce

28,2 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,7 M €	-30.7%	2,4 M €	+0.4%	2,4 M €	+8.1%	2,2 M €	+2.3%	2,2 M €	+0.3%	2,2 M €	+5.0%	2,1 M €	+4.1%	2 M €	+26.3%	1,6 M €	+7.8%	1,5 M €	-5.4%	1,5 M €	-4.8%	1,6 M €	-5.8%	1,7 M €	-5.9%	1,8 M €	+6.7%	1,7 M €	+0.1%	1,7 M €
EBITDA	131 k €	+92.4%	68,1 k €	-20.6%	85,8 k €	+10.3%	77,8 k €	-35.6%	120,9 k €	-22.3%	155,5 k €	+18.9%	130,8 k €	+4.6%	125 k €	-14.3%	145,8 k €	+17.6%	124 k €	-14.2%	144,5 k €	-14.5%	169,1 k €	-0.2%	169,5 k €	-0.2%	169,8 k €	+10.9%	153,1 k €	+11.7%	137 k €
Operating result	130,9 k €	+92.3%	68,1 k €	-20.6%	85,8 k €	+10.3%	77,8 k €	-35.6%	120,9 k €	-22.1%	155,2 k €	+22.9%	126,2 k €	+4.8%	120,4 k €	-14.7%	141,2 k €	+17.8%	119,8 k €	+1.1%	118,5 k €	-14.3%	138,3 k €	+6.0%	130,5 k €	+19.5%	109,2 k €	+0.3%	108,8 k €	+7.0%	101,7 k €
Net result	85,3 k €	+77.0%	48,2 k €	-29.0%	67,9 k €	+11.0%	61,2 k €	-30.0%	87,4 k €	-25.8%	117,7 k €	+12.2%	104,9 k €	-2.6%	107,6 k €	-7.0%	115,7 k €	+7.2%	107,9 k €	+7.6%	100,3 k €	-11.2%	113 k €	-0.1%	113,1 k €	+8.1%	104,6 k €	+1.7%	102,8 k €	+11.1%	92,6 k €
Balance sheet
Equity	1,1 M €	-49.1%	2,2 M €	+2.2%	2,2 M €	+3.2%	2,1 M €	+3.0%	2 M €	+4.5%	1,9 M €	+6.4%	1,8 M €	+6.1%	1,7 M €	+6.7%	1,6 M €	-0.9%	1,6 M €	+7.1%	1,5 M €	+7.1%	1,4 M €	+8.6%	1,3 M €	+9.5%	1,2 M €	+9.6%	1,1 M €	+10.4%	987,6 k €
Total assets	2,6 M €	-2.3%	2,6 M €	+1.9%	2,6 M €	+5.4%	2,5 M €	+1.4%	2,4 M €	-2.0%	2,5 M €	+13.1%	2,2 M €	+4.4%	2,1 M €	+8.2%	1,9 M €	+0.8%	1,9 M €	+2.1%	1,9 M €	+7.2%	1,8 M €	+5.7%	1,7 M €	+1.8%	1,6 M €	+7.2%	1,5 M €	+15.6%	1,3 M €
Cash	189,1 k €	-52.0%	394,2 k €	+128%	172,6 k €	+2184%	7,6 k €	-26.3%	10,3 k €	+272%	2,8 k €	-13.4%	3,2 k €	-51.2%	6,5 k €	+64.0%	4 k €	+45.3%	2,7 k €	-51.6%	5,7 k €	+2.7%	5,5 k €	-98.1%	293,4 k €	+4336%	6,6 k €	-2.4%	6,8 k €	+14.3%	5,9 k €
Debts	1,5 M €	+238%	430,3 k €	+0.1%	429,7 k €	+17.5%	365,7 k €	-6.4%	390,5 k €	-26.2%	528,9 k €	+46.6%	360,6 k €	-2.9%	371,4 k €	+15.8%	320,6 k €	+10.3%	290,7 k €	-18.9%	358,7 k €	+7.1%	335 k €	-5.1%	353,1 k €	-19.0%	436,2 k €	+0.9%	432,4 k €	+31.1%	329,8 k €
Other
Workforce	28,2 ETP	-32.7%	41,9 ETP	+0.2%	41,8 ETP	+4.2%	40,1 ETP	+7.2%	37,4 ETP	-2.9%	38,5 ETP	-3.3%	39,8 ETP	+2.1%	39,0 ETP	+28.7%	30,3 ETP	+9.4%	27,7 ETP	-5.8%	29,4 ETP	-6.7%	31,5 ETP	-8.4%	34,4 ETP	-9.5%	38,0 ETP	+1.6%	37,4 ETP	-8.1%	40,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 12 ended

Active mandates

Christophe Van Parys (AV 2023)

Managing director

Active

Paula Verhamme (AV 2023)

Director

Active

Victoria Van Parys (AV 2023)

Director

Active

Ended mandates

Victoria Van Parys (AV 2023)

Director · since 06 février 2018

Ended

Christophe (AV 2011) Van Parys

Managing director

Ended

Christophe (AV 2017) Van Parys

Managing director

Ended

Christophe Van Parys (AV 2017)

Managing director

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2022	02/11/2021	07/10/2020	22/08/2019	12/07/2018	13/07/2017
General meeting	14/06/2022	08/06/2021	07/09/2020	11/06/2019	12/06/2018	13/06/2017
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

29 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	14/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	02/11/2021	Dutch	PDF
Abridged model	31/12/2019	07/09/2020	07/10/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	22/08/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	15/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	31/08/2012	Dutch	PDF
Abridged modelCorrection	31/12/2010	14/06/2011	19/12/2011	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	24/08/2007	Dutch	PDF
Abridged model	31/12/2005	13/06/2006	24/07/2006	Dutch	PDF
Abridged model	31/12/2004	14/06/2005	15/07/2005	Dutch	PDF
Abridged model	31/12/2003	08/06/2004	16/07/2004	Dutch	PDF
Abridged model	31/12/2002	10/06/2003	30/07/2003	Dutch	PDF
Abridged model	31/12/2001	11/06/2002	12/07/2002	Dutch	PDF
Abridged model	31/12/2000	12/06/2001	19/07/2001	Dutch	PDF
Abridged model	31/12/1999	13/06/2000	13/07/2000	Dutch	PDF

View all 29 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 12 ended

Active mandates

Christophe Van Parys (AV 2023)

Managing director

Active

Paula Verhamme (AV 2023)

Director

Active

Victoria Van Parys (AV 2023)

Director

Active

Ended mandates

Victoria Van Parys (AV 2023)

Director · since 06 février 2018

Ended

Christophe (AV 2011) Van Parys

Managing director

Ended

Christophe (AV 2017) Van Parys

Managing director

Ended

Christophe Van Parys (AV 2017)

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution19/07/2022
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/05/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Capital / shares28/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates04/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN
PDF
Mandates22/08/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2005
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

2021
Annual accounts 202185,3 k €↑
2020
Annual accounts 202048,2 k €↓
2019
Annual accounts 201967,9 k €↑
2018
Annual accounts 201861,2 k €↓
2017
Annual accounts 201787,4 k €↓
2016
Annual accounts 2016117,7 k €↑
2015
Annual accounts 2015104,9 k €↓
2014
Annual accounts 2014107,6 k €↓
2013
Annual accounts 2013115,7 k €↑
2012
Annual accounts 2012107,9 k €↑
2011
Annual accounts 2011100,3 k €↓
2010
Annual accounts 2010113 k €↓
2009
Annual accounts 2009113,1 k €↑
2008
Annual accounts 2008104,6 k €↑
2007
Annual accounts 2007102,8 k €↑
2006
Annual accounts 200692,6 k €

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

RECH

Overview

What does RECH do?

Trend over 16 financial years

Board of directors

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