ACTIVE

RICON

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Financial year 2025 · closed on 31/12/2025

Net result

242,7 k €

+285.4% YoY

Gross margin

312,6 k €

+168.1% YoY

Equity

430,4 k €

+129.3% YoY

What does RICON do?

RICON is a Private limited company incorporated in 1998. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.278.721

Incorporation

05/10/1998

Legal form

Private limited company

Registered office

Luikersteenweg 248 box D
3500 Hasselt · FlandreSee on map

Contributed capital

25 500,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	312,6 k €	+168%	116,6 k €	+189%	40,3 k €	-56.4%	92,4 k €	+2.8%	89,9 k €	+208%	29,2 k €	-51.1%	59,8 k €	+242%	17,5 k €	-26.8%	23,9 k €	+143%	9,8 k €	+537%	-2,2 k €	-114%	15,9 k €	+33.6%	11,9 k €	+68.9%	7,1 k €	-61.8%	18,5 k €	+406%	-6 k €	-134%	17,9 k €	-89.0%	162,1 k €	+1760%	8,7 k €	-35.8%	13,6 k €
EBITDA	310,5 k €	+173%	113,7 k €	+205%	37,3 k €	-57.5%	87,8 k €	+0.8%	87,2 k €	+562%	-18,9 k €	-132%	58,1 k €	+262%	16,1 k €	-29.0%	22,6 k €	+580%	3,3 k €	+199%	-3,3 k €	-122%	15,2 k €	+61.1%	9,4 k €	+80.4%	5,2 k €	-66.3%	15,5 k €	+324%	-6,9 k €	-141%	16,8 k €	-89.5%	160 k €	+2344%	-7,1 k €	-158%	12,3 k €
Operating result	268,7 k €	+185%	94,4 k €	+553%	14,5 k €	-77.7%	64,8 k €	-5.7%	68,8 k €	+314%	-32,2 k €	-159%	54,9 k €	+460%	9,8 k €	-37.4%	15,6 k €	+499%	-3,9 k €	+68.6%	-12,5 k €	-206%	11,8 k €	+133%	5,1 k €	+297%	1,3 k €	-85.1%	8,5 k €	+88.0%	4,5 k €	-52.5%	9,6 k €	-93.6%	149,3 k €	+667%	-26,3 k €	-1993%	1,4 k €
Net result	242,7 k €	+285%	63 k €	+3950%	1,6 k €	-95.6%	35,4 k €	-19.5%	44 k €	+224%	-35,6 k €	-180%	44,3 k €	+640%	6 k €	-54.0%	13 k €	+287%	-6,9 k €	+57.2%	-16,2 k €	-2158%	-718,6 €	-164%	1,1 k €	+129%	-3,8 k €	-240%	2,7 k €	+650%	-492,5 €	-107%	7,4 k €	-94.8%	143 k €	+214%	45,6 k €	+363%	9,8 k €
Balance sheet
Equity	430,4 k €	+129%	187,7 k €	+45.8%	128,7 k €	+1.2%	127,1 k €	+38.6%	91,7 k €	+92.1%	47,7 k €	-42.7%	83,3 k €	+113%	39,1 k €	+18.1%	33,1 k €	+64.6%	20,1 k €	-25.7%	27,1 k €	-37.5%	43,3 k €	-1.6%	44 k €	+2.6%	42,9 k €	-8.1%	46,7 k €	+6.2%	44 k €	-1.1%	44,4 k €	+19.9%	37,1 k €	+135%	-105,9 k €	+30.1%	-151,5 k €
Total assets	746,6 k €	+29.4%	576,9 k €	+13.0%	510,6 k €	+1.0%	505,3 k €	+3.5%	488,1 k €	+0.2%	487 k €	+234%	145,7 k €	+109%	69,8 k €	-6.0%	74,2 k €	+24.8%	59,5 k €	-32.2%	87,7 k €	+66.8%	52,5 k €	+1.8%	51,6 k €	+0.6%	51,3 k €	-51.8%	106,5 k €	+28.9%	82,6 k €	+10.8%	74,6 k €	-39.0%	122,2 k €	+60.2%	76,3 k €	-45.7%	140,4 k €
Cash	4,6 k €	-51.4%	9,4 k €	-40.4%	15,9 k €	+64.3%	9,7 k €	+220%	3 k €	-84.2%	19 k €	-85.5%	131,1 k €	+875%	13,4 k €	+4291%	306,1 €	-25.4%	410,5 €	+326%	96,3 €	-98.5%	6,4 k €	-14.0%	7,4 k €	+123%	3,3 k €	-84.2%	21,1 k €	+4465%	463,2 €	-74.4%	1,8 k €	-95.7%	42,4 k €	+345%	9,5 k €	+130%	4,1 k €
Debts	316,2 k €	-18.8%	389,2 k €	+2.1%	381,4 k €	+1.0%	377,7 k €	-4.7%	396,3 k €	-9.5%	437,7 k €	+601%	62,4 k €	+103%	30,7 k €	-25.3%	41,1 k €	+4.5%	39,4 k €	-35.1%	60,6 k €	+559%	9,2 k €	+20.9%	7,6 k €	-9.8%	8,4 k €	-85.9%	59,8 k €	+54.9%	38,6 k €	+28.3%	30,1 k €	-64.6%	85,2 k €	-53.3%	182,2 k €	-37.6%	291,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Marcel Richter

Director · since 23 septembre 1998

Active

Ended mandates

Marcel Richter

Manager · since 05 octobre 2007

Ended

Marcel Richter

Manager · since 23 septembre 1998

Ended

Marcel Richter

Manager

Ended

Sylvia Steegen

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ADVIESBUREAU MERCURIUS● Active	0473.962.982
KAIZAR● Active	1022.464.330
ZAKENKANTOOR GERARD STINKENS● Active	0466.889.704

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	09/07/2026	26/05/2025	26/06/2024	03/07/2023	01/07/2022	17/06/2021
General meeting	26/06/2026	16/05/2025	17/06/2024	29/06/2023	29/06/2022	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
Micro model	31/12/2025	26/06/2026	09/07/2026	Dutch	PDF
Micro model	31/12/2024	16/05/2025	26/05/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	29/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	31/08/2020	08/09/2020	Dutch	PDF
Micro model	31/12/2018	12/08/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	18/05/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	20/05/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	05/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	27/05/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	18/05/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	19/05/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	21/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Marcel Richter

Director · since 23 septembre 1998

Active

Ended mandates

Marcel Richter

Manager · since 05 octobre 2007

Ended

Marcel Richter

Manager · since 23 septembre 1998

Ended

Marcel Richter

Manager

Ended

Sylvia Steegen

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office21/01/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/03/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/04/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office05/11/2021
MAATSCHAPPELIJKE ZETEL
PDF
Registered office10/03/2021
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/08/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2016
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 2025242,7 k €↑
2024
Annual accounts 202463 k €↑
2023
Annual accounts 20231,6 k €↓
2022
Annual accounts 202235,4 k €↓
2021
Annual accounts 202144 k €↑
2020
Annual accounts 2020-35,6 k €↓
2019
Annual accounts 201944,3 k €↑
2018
Annual accounts 20186 k €↓
2017
Annual accounts 201713 k €↑
2016
Annual accounts 2016-6,9 k €↑
2015
Annual accounts 2015-16,2 k €↓
2014
Annual accounts 2014-718,6 €↓
2013
Annual accounts 20131,1 k €↑
2012
Annual accounts 2012-3,8 k €↓
2011
Annual accounts 20112,7 k €↑
2010
Annual accounts 2010-492,5 €↓
2009
Annual accounts 20097,4 k €↓
2008
Annual accounts 2008143 k €↑
2007
Annual accounts 200745,6 k €↑
2006
Annual accounts 20069,8 k €
05/10/1998
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

RICON

Overview

What does RICON 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