ACTIVE

recurv

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Financial year 2025 · closed on 30/09/2025
Net result
424,4 k €
+818.2% YoY
Gross margin
1,5 M €
+14.8% YoY
Equity
518,5 k €
+19.6% YoY
Workforce
10,5 ETP
-7.1% YoY

What does recurv do?

recurv is a Private limited company incorporated in 2018. Its main activity is: Activities of employment placement agencies. Its registered office is in Antwerpen. It employs on average 10,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0697.688.039
Incorporation
06/06/2018
Legal form
Private limited company
Registered office
Frankrijklei 108
2000 Antwerpen · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
30/09/2025
Average workforce
10,5 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies78200Temporary employment agency activities78300Other human resources provision82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin1,5 M €1,3 M €1,2 M €1,1 M €845,1 k €568,3 k €347,7 k €
EBITDA737 k €307,8 k €287,5 k €441,9 k €339,2 k €226,4 k €221,7 k €
Operating result688,4 k €259 k €248,7 k €413,2 k €331,1 k €223,5 k €220,5 k €
Net result424,4 k €46,2 k €79 k €316,6 k €261,7 k €193 k €187,1 k €
Balance sheet
Equity518,5 k €433,6 k €387,4 k €308,4 k €191,8 k €130,1 k €97,1 k €
Total assets3,3 M €2,7 M €1,7 M €1,6 M €1,1 M €984,4 k €918,3 k €
Cash1 M €815,4 k €123,6 k €236,5 k €186,6 k €118,6 k €158,5 k €
Debts2,8 M €2,3 M €1,3 M €1,2 M €923,3 k €853,2 k €821,2 k €
Other
Workforce10,5 ETP11,3 ETP12,0 ETP9,9 ETP7,9 ETP6,7 ETP2,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active

Active mandates

Grasp

Manager · since 06 juin 2018 · 0696.847.604

Represented by Simon Peeters

Active
Trustify

Manager · since 06 juin 2018 · 0696.847.703

Represented by Matthias Van den Bempt

Active
At this address

Other companies at this address

CompanyCBE no.
JACK BOULDER● Active
0760.378.941
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/03/202629/12/202411/12/202329/12/202227/12/202101/03/2021
General meeting11/12/202523/12/202405/12/202315/12/202221/12/202102/12/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202511/12/202518/03/2026DutchPDF
Abridged model30/09/202423/12/202429/12/2024DutchPDF
Abridged model30/09/202305/12/202311/12/2023DutchPDF
Abridged model30/09/202215/12/202229/12/2022DutchPDF
Abridged model30/09/202121/12/202127/12/2021DutchPDF
Abridged model30/09/202002/12/202001/03/2021DutchPDF
Abridged model30/09/201902/12/201905/12/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/09/2025 · 2 active

Active mandates

Grasp

Manager · since 06 juin 2018 · 0696.847.604

Represented by Simon Peeters

Active
Trustify

Manager · since 06 juin 2018 · 0696.847.703

Represented by Matthias Van den Bempt

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/02/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/02/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/12/2018
    DIVERSEN
    PDF
  • Other08/06/2018
    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 2025424,4 k €↑
  2. 2024
    Annual accounts 202446,2 k €↓
  3. 2023
    Annual accounts 202379 k €↓
  4. 2022
    Annual accounts 2022316,6 k €↑
  5. 2021
    Annual accounts 2021261,7 k €↑
  6. 2020
    Annual accounts 2020193 k €↑
  7. 2019
    Annual accounts 2019187,1 k €
  8. 06/06/2018
    IncorporationPrivate limited company