ACTIVE

RIMECO

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Financial year 2025 · closed on 31/12/2025

Net result

718,3 k €

+8.1% YoY

Gross margin

1,8 M €

+13.9% YoY

Equity

1,6 M €

+1.2% YoY

Workforce

13,3 ETP

+14.7% YoY

What does RIMECO do?

RIMECO is a Public limited company incorporated in 1997. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Tienen. It employs on average 13,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.683.871

Incorporation

15/10/1997

Legal form

Public limited company

Registered office

Grijpenlaan 5
3300 Tienen · FlandreSee on map

Contributed capital

74 368,06 €

Latest accounts

31/12/2025

Average workforce

13,3 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 71209Technical testing and analysis 71209Technical testing and analysis 74203Photographic activities 74302Translation and interpretation activities

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow 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 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,8 M €	+13.9%	1,6 M €	+59.8%	1 M €	+29.0%	786,1 k €	+17.5%	668,9 k €	+23.6%	541,4 k €	+21.3%	446,3 k €	+2.3%	436,3 k €	+9.8%	397,5 k €	+11.9%	355,3 k €	-14.8%	417,2 k €	+32.2%	315,6 k €	+8.3%	291,5 k €	-3.0%	300,5 k €	+0.8%	298,1 k €	+46.1%	204 k €	-4.9%	214,5 k €	+5.3%	203,7 k €	+47.2%	138,4 k €
EBITDA	998,5 k €	+9.6%	911 k €	+102%	451,6 k €	+25.7%	359,1 k €	-0.8%	362,2 k €	+26.0%	287,4 k €	+198%	96,4 k €	-32.7%	143,1 k €	+21.3%	118 k €	+28.9%	91,5 k €	-23.5%	119,6 k €	+538%	18,7 k €	+118%	8,6 k €	+241%	-6,1 k €	-112%	51,5 k €	+63.1%	31,6 k €	-18.8%	38,9 k €	-47.0%	73,3 k €	+102%	36,2 k €
Operating result	946,6 k €	+8.3%	873,9 k €	+116%	404,3 k €	+16.6%	346,8 k €	-1.1%	350,8 k €	+27.5%	275,1 k €	+231%	83,2 k €	-37.9%	134 k €	+18.7%	112,9 k €	+21.8%	92,7 k €	-16.1%	110,5 k €	+657%	14,6 k €	+48.3%	9,8 k €	+185%	-11,6 k €	-316%	5,4 k €	-78.6%	25,1 k €	-16.5%	30 k €	-38.5%	48,9 k €	+82.3%	26,8 k €
Net result	718,3 k €	+8.1%	664,5 k €	+125%	295,8 k €	+15.2%	256,8 k €	-1.6%	260,9 k €	+28.3%	203,4 k €	+267%	55,4 k €	-38.2%	89,6 k €	-3.7%	93,1 k €	+22.5%	76 k €	-13.2%	87,6 k €	+1004%	7,9 k €	+62.7%	4,9 k €	+141%	-12 k €	-275%	6,9 k €	-56.7%	15,9 k €	-20.2%	19,9 k €	-37.7%	31,9 k €	+106%	15,5 k €
Balance sheet
Equity	1,6 M €	+1.2%	1,5 M €	+11.9%	1,4 M €	+27.2%	1,1 M €	+30.9%	830,9 k €	+45.8%	570 k €	+55.5%	366,6 k €	+17.8%	311,2 k €	+40.5%	221,6 k €	+14.5%	193,4 k €	+15.5%	167,4 k €	+2.8%	162,8 k €	+5.1%	154,9 k €	+3.2%	150 k €	-7.4%	162,1 k €	+4.4%	155,2 k €	+11.4%	139,3 k €	+16.7%	119,4 k €	+36.5%	87,5 k €
Total assets	3 M €	+20.3%	2,5 M €	+50.9%	1,7 M €	+29.9%	1,3 M €	+30.9%	982,8 k €	+35.8%	723,7 k €	+28.2%	564,7 k €	+34.0%	421,3 k €	+5.7%	398,4 k €	-0.9%	402 k €	+5.8%	379,8 k €	+22.5%	310 k €	+15.0%	269,6 k €	-13.0%	310,1 k €	-12.1%	352,8 k €	+2.8%	343,3 k €	-3.2%	354,8 k €	+4.0%	341,1 k €	-4.5%	357 k €
Cash	1,1 M €	+25.8%	850,1 k €	-23.6%	1,1 M €	+42.9%	779,3 k €	+41.8%	549,4 k €	+49.8%	366,8 k €	+129%	159,9 k €	+88.2%	84,9 k €	-57.2%	198,3 k €	+32.7%	149,5 k €	+82.2%	82 k €	+88.4%	43,6 k €	-44.1%	78 k €	+15.1%	67,7 k €	-7.4%	73,1 k €	+38.1%	53 k €	-52.8%	112,2 k €	-26.5%	152,7 k €	+88.1%	81,2 k €
Debts	1,4 M €	+64.4%	871,4 k €	+202%	288,6 k €	+44.8%	199,3 k €	+31.2%	151,9 k €	-1.2%	153,7 k €	-22.4%	198,1 k €	+80.0%	110,1 k €	-37.5%	176,1 k €	-15.6%	208,6 k €	-1.8%	212,4 k €	+44.3%	147,2 k €	+28.3%	114,7 k €	-27.5%	158,1 k €	-17.0%	190,6 k €	+1.3%	188,1 k €	-12.7%	215,5 k €	-2.8%	221,7 k €	-17.8%	269,6 k €
Other
Workforce	13,3 ETP	+14.7%	11,6 ETP	+30.3%	8,9 ETP	+18.7%	7,5 ETP	+27.1%	5,9 ETP	+7.3%	5,5 ETP	-22.5%	7,1 ETP	+16.4%	6,1 ETP	+5.2%	5,8 ETP	-10.8%	6,5 ETP	-9.7%	7,2 ETP	+12.5%	6,4 ETP	+3.2%	6,2 ETP	-12.7%	7,1 ETP	+7.6%	6,6 ETP	+37.5%	4,8 ETP	+6.7%	4,5 ETP	+15.4%	3,9 ETP	+14.7%	3,4 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 · 4 active · 23 ended

Active mandates

Frank De Palmenaer

Director · since 15 décembre 2025

Active

LTL

Managing director · since 15 décembre 2025 · until 08 juin 2028 · 0508.741.541

Represented by Linda Moors

Active

Alexander De Palmenaer

Director · since 05 juillet 2023 · until 14 juin 2029

Active

ADVIESBUREAU VOOR BODEM EN MILIEU

Director · since 08 février 2021 · until 15 décembre 2025 · 0870.977.648

Represented by Peter Somers

Active

Ended mandates

Frank De Palmenaer

Chairman of the board of directors · since 05 juillet 2023 · until 14 juin 2029

Ended

ADVIESBUREAU VOOR BODEM EN MILIEU

Director · since 08 février 2021 · until 08 février 2027 · 0870.977.648

Represented by Peter Somers

Ended

LTL

Director · since 08 février 2021 · until 08 février 2027 · 0508.741.541

Represented by Linda Moors

Ended

ADVIESBUREAU VOOR BODEM EN MILIEU

Director · since 11 juin 2015 · until 10 juin 2021 · 0870.977.648

Represented by Peter Somers

Ended

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	24/06/2026	03/07/2025	28/06/2024	27/06/2023	10/06/2022	17/06/2021
General meeting	11/06/2026	12/06/2025	27/06/2024	08/06/2023	09/06/2022	10/06/2021
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	11/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	12/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	08/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	09/06/2022	10/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	17/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/07/2020	27/07/2020	Dutch	PDF
Abridged model	31/12/2018	13/06/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	15/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	13/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	10/06/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/07/2007	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 · 4 active · 23 ended

Active mandates

Frank De Palmenaer

Director · since 15 décembre 2025

Active

LTL

Managing director · since 15 décembre 2025 · until 08 juin 2028 · 0508.741.541

Represented by Linda Moors

Active

Alexander De Palmenaer

Director · since 05 juillet 2023 · until 14 juin 2029

Active

ADVIESBUREAU VOOR BODEM EN MILIEU

Director · since 08 février 2021 · until 15 décembre 2025 · 0870.977.648

Represented by Peter Somers

Active

Ended mandates

Frank De Palmenaer

Chairman of the board of directors · since 05 juillet 2023 · until 14 juin 2029

Ended

ADVIESBUREAU VOOR BODEM EN MILIEU

Director · since 08 février 2021 · until 08 février 2027 · 0870.977.648

Represented by Peter Somers

Ended

LTL

Director · since 08 février 2021 · until 08 février 2027 · 0508.741.541

Represented by Linda Moors

Ended

ADVIESBUREAU VOOR BODEM EN MILIEU

Director · since 11 juin 2015 · until 10 juin 2021 · 0870.977.648

Represented by Peter Somers

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/01/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2021
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 2025718,3 k €↑
2024
Annual accounts 2024664,5 k €↑
2023
Annual accounts 2023295,8 k €↑
2022
Annual accounts 2022256,8 k €↓
2021
Annual accounts 2021260,9 k €↑
2020
Annual accounts 2020203,4 k €↑
2019
Annual accounts 201955,4 k €↓
2018
Annual accounts 201889,6 k €↓
2017
Annual accounts 201793,1 k €↑
2016
Annual accounts 201676 k €↓
2015
Annual accounts 201587,6 k €↑
2014
Annual accounts 20147,9 k €↑
2013
Annual accounts 20134,9 k €↑
2012
Annual accounts 2012-12 k €↓
2011
Annual accounts 20116,9 k €↓
2010
Annual accounts 201015,9 k €↓
2009
Annual accounts 200919,9 k €↓
2008
Annual accounts 200831,9 k €↑
2007
Annual accounts 200715,5 k €
15/10/1997
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

RIMECO

Overview

What does RIMECO do?

Trend over 19 financial years

Indicative valuation

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