ACTIVE

RECURRENT

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Financial year 2025 · closed on 30/09/2025
Net result
-250,6 k €
-53.9% YoY
Gross margin
2 M €
-39.7% YoY
Equity
9,6 M €
-2.5% YoY
Workforce
0,0 ETP

What does RECURRENT do?

RECURRENT is a Public limited company incorporated in 2017. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0681.999.575
Incorporation
02/10/2017
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1004
9000 Gent · FlandreSee on map
Contributed capital
97 800,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
Positive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420222021201920182017
Income statement
Gross margin2 M €3,2 M €2,9 M €1,9 M €–––
EBITDA1,9 M €3,1 M €2,6 M €1,8 M €1,4 M €3,4 M €1,1 M €
Operating result282,3 k €675,5 k €1,3 M €622,8 k €311,8 k €2,3 M €302,8 k €
Net result-250,6 k €-162,8 k €632,2 k €212,1 k €9 k €1,3 M €23,7 k €
Balance sheet
Equity9,6 M €9,8 M €3,8 M €3,1 M €2,9 M €2,8 M €1,5 M €
Total assets62 M €53,5 M €48,6 M €23,9 M €24,4 M €24,2 M €26,1 M €
Cash184,8 k €335,6 k €20,7 M €121,3 k €375,7 k €62 k €66,2 k €
Debts51,8 M €43,1 M €44,2 M €20,3 M €21,1 M €20,8 M €24,6 M €
Other
Workforce0,0 ETP0,0 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Active

Ended mandates

ALIV GROUP

Director · since 27 septembre 2017 · 0643.776.429

Represented by Piet Labeeuw

Ended
ALIV GROUP

Manager · since 27 septembre 2017 · 0643.776.429

Represented by Piet Labeeuw

Ended
ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Ended
ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Ended
At this address

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Annual accounts

Full financial information

202520242022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/10/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202431/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months21 months12 months12 months12 months12 months
Filing date31/03/202628/04/202514/06/202313/07/202229/06/202102/06/2020
General meeting20/03/202630/03/202527/05/202328/05/202229/05/202130/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202520/03/202631/03/2026DutchPDF
Abridged model30/09/202430/03/202528/04/2025DutchPDF
Abridged model31/12/202227/05/202314/06/2023DutchPDF
Abridged model31/12/202128/05/202213/07/2022DutchPDF
Abridged model31/12/202029/05/202129/06/2021DutchPDF
Full model31/12/201930/05/202002/06/2020DutchPDF
Full model31/12/201825/05/201905/06/2019DutchPDF
Full model31/12/201726/05/201829/05/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 1 active · 4 ended

Active mandates

ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Active

Ended mandates

ALIV GROUP

Director · since 27 septembre 2017 · 0643.776.429

Represented by Piet Labeeuw

Ended
ALIV GROUP

Manager · since 27 septembre 2017 · 0643.776.429

Represented by Piet Labeeuw

Ended
ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Ended
ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring17/06/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates17/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates24/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office12/02/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Other04/10/2017
    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

Timeline

  1. 2025
    Annual accounts 2025-250,6 k €↓
  2. 2024
    Annual accounts 2024-162,8 k €↓
  3. 28/03/2024
    apport
  4. 28/03/2024
    reduction_capital
  5. 28/03/2024
    augmentation_capital
  6. 28/03/2024
    augmentation_capital
  7. 12/02/2024
    nominationBart ROOBROUCK — commissaris
  8. 09/02/2024
    split
  9. 06/02/2024
    nominationVANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN — commissaris
  10. 2022
    Annual accounts 2022632,2 k €↑
  11. 2021
    Annual accounts 2021212,1 k €↑
  12. 2019
    Annual accounts 20199 k €↓
  13. 2018
    Annual accounts 20181,3 M €↑
  14. 2017
    Annual accounts 201723,7 k €
  15. 02/10/2017
    IncorporationPublic limited company