NORMAL SITUATION

RecuPal

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Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-195,6 k €-259,1 %over 1 year

Gross margin976,3 k €-44,5 %over 1 year

Equity1,2 M €-13,6 %over 1 year

Workforce7,9 ETP-31,3 %over 1 year

Identity

Source · BCE/KBO

RecuPal is a company registered in Belgium. It employs on average 7,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0472.930.230
Legal form: Public limited company
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2024
Average workforce: 7,9 ETP

Joint committees (3)

12503
126
218

Signals

Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 25 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	976,3 k €	-44.5%	1,8 M €	+7.3%	1,6 M €	+58.5%	1 M €	+38.4%	748,1 k €
EBITDA	-110,4 k €	-112%	933,9 k €	+5.4%	886 k €	+64.4%	538,9 k €	+42.7%	377,5 k €
Operating result	-175,5 k €	-121%	834,5 k €	+5.1%	793,9 k €	+68.9%	470,1 k €	+45.2%	323,8 k €
Net result	-195,6 k €	-259%	123 k €	-79.1%	587,4 k €	+70.7%	344,2 k €	+45.2%	237,1 k €
Balance sheet
Equity	1,2 M €	-13.6%	1,4 M €	+9.3%	1,3 M €	+80.3%	731,1 k €	+50.2%	486,9 k €
Total assets	2,2 M €	-17.3%	2,7 M €	+25.7%	2,2 M €	-7.7%	2,3 M €	+75.2%	1,3 M €
Cash	465,1 k €	+59.1%	292,3 k €	+74.4%	167,6 k €	+257%	46,9 k €	-56.6%	108,1 k €
Debts	854,3 k €	+36.3%	626,7 k €	-25.0%	835,8 k €	-47.9%	1,6 M €	+89.7%	845 k €
Other
Workforce	7,9 ETP	-31.3%	11,5 ETP	-2.5%	11,8 ETP	+107%	5,7 ETP	+32.6%	4,3 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FORESCO GROUP0738.732.204Represented by Cedric De Quinnemar	Director22/08/2024 → 28/02/2030
Jan Ponnet	Director29/02/2024 → 28/02/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PALLETS.BE0450.845.112Represented by Danny Soons	Directorsince 01/08/2022
Arie Monhemius	Director21/05/2018 → 15/05/2024
Petrus Johannes Van De Wijngaart	Director21/05/2018 → 15/05/2024
Petrus Johannus Van De Wijngaart	Director21/05/2018 → 15/05/2024

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	11/07/2024	29/06/2023	07/06/2022	30/07/2021	03/08/2020
General meeting	29/08/2025	21/05/2024	15/05/2023	16/05/2022	17/05/2021	18/05/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	29/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/05/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	18/05/2020	03/08/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	21/05/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/05/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	22/06/2007	Dutch	PDF
Abridged model	31/12/2005	15/05/2006	22/05/2006	Dutch	PDF
Abridged model	31/12/2004	16/05/2005	20/05/2005	Dutch	PDF
Abridged modelCorrection	31/12/2003	17/05/2004	22/06/2004	Dutch	PDF
Abridged model	31/12/2003	17/05/2004	25/05/2004	Dutch	PDF
Abridged model	31/12/2002	30/06/2003	25/07/2003	Dutch	PDF
Abridged model	31/12/2001	30/06/2002	22/07/2002	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FORESCO GROUP0738.732.204Represented by Cedric De Quinnemar	Director22/08/2024 → 28/02/2030
Jan Ponnet	Director29/02/2024 → 28/02/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PALLETS.BE0450.845.112Represented by Danny Soons	Directorsince 01/08/2022
Arie Monhemius	Director21/05/2018 → 15/05/2024
Petrus Johannes Van De Wijngaart	Director21/05/2018 → 15/05/2024
Petrus Johannus Van De Wijngaart	Director21/05/2018 → 15/05/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring30/06/2025
GERUISLOZE FUSIE
PDF
Restructuring24/03/2025
FUSIEVOORSTEL BĲ FUSIE DOOR OVERNEMING
PDF
Mandates30/12/2024
Benoeming Commissaris - Volmacht
PDF
Restructuring22/10/2024
FUSIEVOORSTEL BĲ FUSIE DOOR OVERNEMING
PDF
Other27/08/2024
DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Mandates23/05/2024
Ontslag - Benoeming - Volmacht - Toekenning Bijzondere Volmacht -
PDF
Other04/03/2024
BENAMING, STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Mandates17/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Name

Registered office

Annual accounts

Filings19 filings

Mandates

FORESCO GROUP

Jan Ponnet

PALLETS.BE

Arie Monhemius

Pierre Monhemius

Pierre Monhenius

Petrus Johannus Van De Wijngaart

Rolf Leën

Pierre Johannes Van De Wijngaart

Petrus Johannes Van De Wijngaart

Arie Monhenius

2000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

Foresco Sort & Repair

Emiel Becquaertlaan 2 bte A15, 2400 Mol

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Emiel Becquaertlaan 2 bte A15, 2400 Mol	accounts 2021 → 2024	Accounts 2024 · 2025-00474421

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Foresco Sort & Repair	accounts 2023 → 2024	Accounts 2024 · 2025-00474421
RecuPal	accounts 2022	Accounts 2022 · 2023-00175063
Mopal	accounts 2021	Accounts 2021 · 2022-20049374

Events

2024
Annual accounts 2024-195,6 k €↓
2023
Annual accounts 2023123 k €↓
2023
Name changeForesco Sort & Repair
2022
Annual accounts 2022587,4 k €↑
2022
Name changeRecuPal
2021
Annual accounts 2021344,2 k €↑
2020
Annual accounts 2020237,1 k €↑
2019
Annual accounts 2019-52,8 k €↓
2018
Annual accounts 2018144 k €↓
2017
Annual accounts 2017187,8 k €↑
2016
Annual accounts 2016138,7 k €↑
2015
Annual accounts 201594,2 k €↓
2014
Annual accounts 2014157,5 k €↑
2013
Annual accounts 2013147,4 k €↑
2012
Annual accounts 201270,4 k €↓
2011
Annual accounts 20111,7 M €↑
2010
Annual accounts 2010222,4 k €↓
2009
Annual accounts 2009223,6 k €↑
2008
Annual accounts 2008110,4 k €↑
2007
Annual accounts 200746,4 k €↑
2006
Annual accounts 200624,1 k €

RecuPal

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events