ACTIVE

RESCO

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Financial year 2025 · closed on 31/12/2025

Net result

206,1 k €

+148.4% YoY

Gross margin

623,5 k €

+37.9% YoY

Equity

647,5 k €

+46.7% YoY

Workforce

4,0 ETP

+2.6% YoY

What does RESCO do?

RESCO is a Private limited company incorporated in 2003. Its main activity is: Wholesale of grain, unmanufactured tobacco, seeds and animal feeds. Its registered office is in Tienen. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.085.761

Incorporation

23/04/2003

Legal form

Private limited company

Registered office

Esperantolaan 11 box 15
3300 Tienen · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

46212Wholesale of grain, unmanufactured tobacco, seeds and animal feeds· main 46212Wholesale of grain, unmanufactured tobacco, seeds and animal feeds 47279Retail sale of food, beverages and tobacco in specialised stores 47299Other retail sale of food in specialised stores 52272Support activities for transportation 70200Management consultancy activities+2

Joint committees (2)

200
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	623,5 k €	+37.9%	452,3 k €	+4.2%	434,1 k €	-12.0%	493,4 k €	+62.6%	303,5 k €	+269%	82,2 k €	-79.5%	400,7 k €	+74.0%	230,3 k €	+229%	70 k €	-24.3%	92,4 k €	+3.9%	88,9 k €	+795%	9,9 k €	+122%	4,5 k €	+182%	-5,5 k €	-134%	15,9 k €	+24.0%	12,8 k €	-53.8%	27,7 k €	+141%	11,5 k €
EBITDA	310,5 k €	+131%	134,4 k €	+38.8%	96,8 k €	-34.2%	147,1 k €	+377%	30,8 k €	+80.6%	17,1 k €	-95.3%	362,8 k €	+83.5%	197,7 k €	+267%	53,9 k €	-41.3%	91,7 k €	+3.7%	88,4 k €	+836%	9,4 k €	+136%	4 k €	+117%	-23,3 k €	-268%	13,9 k €	+13.1%	12,3 k €	-30.6%	17,7 k €	+58.5%	11,1 k €
Operating result	301,1 k €	+132%	129,7 k €	+39.1%	93,2 k €	-35.1%	143,6 k €	+417%	27,8 k €	+176%	10,1 k €	-97.1%	344 k €	+97.3%	174,4 k €	+233%	52,4 k €	-41.2%	89,1 k €	+5.2%	84,7 k €	+1828%	4,4 k €	+151%	-8,6 k €	+50.2%	-17,2 k €	-481%	4,5 k €	-7.8%	4,9 k €	-70.6%	16,7 k €	+61.9%	10,3 k €
Net result	206,1 k €	+148%	82,9 k €	+39.4%	59,5 k €	-44.6%	107,4 k €	+609%	15,1 k €	+181%	5,4 k €	-97.3%	199,3 k €	+84.0%	108,3 k €	+211%	34,8 k €	-40.8%	58,7 k €	-3.3%	60,7 k €	+22943%	263,5 €	+102%	-11,4 k €	+43.6%	-20,1 k €	-8096%	251,9 €	-79.4%	1,2 k €	-91.2%	13,9 k €	+76.9%	7,9 k €
Balance sheet
Equity	647,5 k €	+46.7%	441,5 k €	+23.1%	358,5 k €	-28.0%	498 k €	+2.6%	485,6 k €	+10.3%	440,3 k €	+1.2%	434,9 k €	+84.6%	235,6 k €	+71.6%	137,3 k €	+33.9%	102,5 k €	+134%	43,8 k €	+359%	-16,9 k €	+1.5%	-17,2 k €	-195%	-5,8 k €	-141%	14,3 k €	+1.8%	14,1 k €	+9.5%	12,8 k €	+1298%	-1,1 k €
Total assets	1,4 M €	+84.6%	751,7 k €	+5.0%	716,2 k €	-6.2%	763,7 k €	+29.1%	591,6 k €	+21.0%	488,8 k €	-31.0%	708,1 k €	+42.2%	498 k €	+67.8%	296,9 k €	+30.2%	228 k €	+6.6%	213,8 k €	+50.9%	141,6 k €	+13.2%	125,1 k €	-34.3%	190,4 k €	+48.0%	128,6 k €	-7.8%	139,5 k €	+39.1%	100,3 k €	-35.9%	156,4 k €
Cash	123,8 k €		0 €	-100%	149,5 k €	+150%	59,8 k €	-43.4%	105,7 k €	+5548%	1,9 k €	-99.3%	255,2 k €	+99528%	256,2 €	-99.5%	55,8 k €	+1792%	3 k €	-92.3%	38,3 k €	+118%	17,5 k €	+5530%	311,1 €	-98.0%	15,4 k €	+0.9%	15,3 k €	-67.4%	46,9 k €	+1647%	2,7 k €	-30.2%	3,8 k €
Debts	728,6 k €	+140%	303,4 k €	-15.2%	357,7 k €	+34.7%	265,7 k €	+151%	106 k €	+168%	39,5 k €	-85.1%	264,3 k €	+4.3%	253,4 k €	+68.3%	150,6 k €	+29.3%	116,4 k €	-27.7%	161 k €	+7.6%	149,6 k €	+15.8%	129,1 k €	-27.6%	178,3 k €	+71.6%	103,9 k €	-10.8%	116,5 k €	+48.4%	78,5 k €	-50.2%	157,5 k €
Other
Workforce	4,0 ETP	+2.6%	3,9 ETP	-17.0%	4,7 ETP	-4.1%	4,9 ETP	+22.5%	4,0 ETP	+100%	2,0 ETP	+53.8%	1,3 ETP		–		0,6 ETP		–		–		–		–		–		–		–		–		–

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 · 2 ended

Active mandates

REGINALD TEUCQ

Director

Active

Ended mandates

REGINALD TEUCQ

Director · since 01 avril 2003

Ended

REGINALD TEUCQ

Manager · since 01 avril 2003

Ended

At this address

Other companies at this address

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DVO-TRANS● Active	0770.295.509
Ultratronics Group● Active	1028.493.473

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	18/05/2026	24/07/2025	23/05/2024	27/07/2023	31/05/2022	25/06/2021
General meeting	13/05/2026	15/05/2025	10/05/2024	15/05/2023	15/05/2022	15/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/05/2026	18/05/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	23/05/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/05/2022	31/05/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	15/05/2019	17/07/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	08/08/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	13/07/2018	Dutch	PDF
Micro model	31/12/2016	15/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	15/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	17/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	15/05/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	29/06/2007	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 · 2 ended

Active mandates

REGINALD TEUCQ

Director

Active

Ended mandates

REGINALD TEUCQ

Director · since 01 avril 2003

Ended

REGINALD TEUCQ

Manager · since 01 avril 2003

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/02/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office20/09/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/10/2009
MAATSCHAPPELIJKE ZETEL
PDF
Other02/05/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025206,1 k €↑
2024
Annual accounts 202482,9 k €↑
2023
Annual accounts 202359,5 k €↓
2022
Annual accounts 2022107,4 k €↑
2021
Annual accounts 202115,1 k €↑
2018
Annual accounts 20185,4 k €↓
2017
Annual accounts 2017199,3 k €↑
2016
Annual accounts 2016108,3 k €↑
2015
Annual accounts 201534,8 k €↓
2014
Annual accounts 201458,7 k €↓
2013
Annual accounts 201360,7 k €↑
2012
Annual accounts 2012263,5 €↑
2011
Annual accounts 2011-11,4 k €↑
2010
Annual accounts 2010-20,1 k €↓
2009
Annual accounts 2009251,9 €↓
2008
Annual accounts 20081,2 k €↓
2007
Annual accounts 200713,9 k €↑
2006
Annual accounts 20067,9 k €
23/04/2003
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

RESCO

Overview

What does RESCO do?

Trend over 18 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