ACTIVE

RECO

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Financial year 2025 · closed on 31/12/2025
Net result
84,2 k €
+1357.6% YoY
Gross margin
164,2 k €
-40.1% YoY
Equity
86,4 k €
+19.7% YoY

What does RECO do?

RECO is a Private limited company incorporated in 2008. Its main activity is: Painting and glazing. Its registered office is in Schoten.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0808.457.782
Incorporation
16/12/2008
Legal form
Private limited company
Registered office
Metropoolstraat 30 box Unit 5.1.5
2900 Schoten · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43341Painting and glazing· main43341Painting and glazing43350Building completion and finishing43390Other building completion and finishing
Joint committees (2)
  • 124
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin164,2 k €274 k €268,1 k €231 k €19,9 k €-1,9 k €-1 k €-5,4 k €16,4 k €4,3 k €13,5 k €12,6 k €6,8 k €13 k €2,9 k €13,6 k €52,6 k €
EBITDA145,6 k €43,2 k €132,4 k €43,3 k €-688,3 €-1,9 k €-1,8 k €-6,2 k €15,5 k €3,4 k €10,3 k €11,9 k €6,1 k €12,4 k €2,4 k €13 k €44,2 k €
Operating result99,3 k €-1,6 k €83,9 k €15,5 k €6,1 k €-1,9 k €-8,9 k €-13,3 k €8,4 k €-3,7 k €3,1 k €10,9 k €105,8 €3,8 k €-5,5 k €5,2 k €37,5 k €
Net result84,2 k €-6,7 k €60,6 k €10,9 k €5,6 k €-2,5 k €-9,4 k €-13,9 k €3,5 k €-4,6 k €830,8 €9 k €-1 k €751,6 €-7,6 k €21,6 €32,7 k €
Balance sheet
Equity86,4 k €72,2 k €78,9 k €18,3 k €7,3 k €1,7 k €4,2 k €13,6 k €27,6 k €11,7 k €16,2 k €15,4 k €9,4 k €10,4 k €9,7 k €17,2 k €13,9 k €
Total assets299 k €383,2 k €335 k €274,3 k €15,2 k €9,4 k €12,5 k €30,5 k €52,9 k €47,6 k €58 k €27,9 k €18,3 k €26,3 k €32,4 k €48,1 k €98 k €
Cash78,9 k €4,6 k €3,5 k €20,6 k €1,9 k €654,5 €166,3 €3,8 k €12,5 k €15,4 k €18,1 k €10,5 k €11,1 k €16,3 k €5,3 k €14,4 k €14 k €
Debts210 k €309,2 k €254,2 k €247,6 k €7,9 k €711,3 €1,3 k €9,8 k €18,3 k €28,9 k €34,7 k €5,5 k €1,9 k €8,8 k €15,7 k €23,8 k €77,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

JSaeys

Director · since 01 juin 2021 · 0761.640.139

Represented by Jérôme SAEYS

Active

Ended mandates

JSaeys

Director · since 01 juin 2021 · until 31 décembre 2021 · 0761.640.139

Represented by Jéröme Saeys

Ended
JSaeys

Director · since 01 juin 2021 · 0761.640.139

Represented by Jerome Saeys

Ended
Robert Van Overloop

Director · since 01 juin 2021 · until 05 janvier 2022

Ended
SLM Management

Director · since 01 juin 2021 · 0412.747.767

Represented by Maxim Slootmaeckers

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/09/202622/08/202531/08/202431/08/202308/08/202204/06/2021
General meeting29/05/202630/05/202527/06/202425/05/202310/06/202227/05/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202610/09/2026DutchPDF
Micro model31/12/202430/05/202522/08/2025DutchPDF
Micro model31/12/202327/06/202431/08/2024DutchPDF
Micro model31/12/202225/05/202331/08/2023DutchPDF
Micro model31/12/202110/06/202208/08/2022DutchPDF
Micro model31/12/202027/05/202104/06/2021DutchPDF
Micro model31/12/201925/06/202018/08/2020DutchPDF
Micro model31/12/201828/06/201929/08/2019DutchPDF
Micro model31/12/201728/06/201807/09/2018DutchPDF
Micro model31/12/201626/06/201728/08/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Abridged model31/12/201428/05/201522/06/2015DutchPDF
Abridged model31/12/201330/06/201425/08/2014DutchPDF
Abridged model31/12/201206/06/201305/07/2013DutchPDF
Abridged model31/12/201104/06/201202/07/2012DutchPDF
Abridged model31/12/201027/06/201123/08/2011DutchPDF
Abridged model31/12/200927/06/201025/08/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 7 ended

Active mandates

JSaeys

Director · since 01 juin 2021 · 0761.640.139

Represented by Jérôme SAEYS

Active

Ended mandates

JSaeys

Director · since 01 juin 2021 · until 31 décembre 2021 · 0761.640.139

Represented by Jéröme Saeys

Ended
JSaeys

Director · since 01 juin 2021 · 0761.640.139

Represented by Jerome Saeys

Ended
Robert Van Overloop

Director · since 01 juin 2021 · until 05 janvier 2022

Ended
SLM Management

Director · since 01 juin 2021 · 0412.747.767

Represented by Maxim Slootmaeckers

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates10/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2021
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/12/2008
    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 202584,2 k €↑
  2. 2025
    Name changeRECO
  3. 2024
    Annual accounts 2024-6,7 k €↓
  4. 2023
    Annual accounts 202360,6 k €↑
  5. 2022
    Annual accounts 202210,9 k €↑
  6. 2021
    Annual accounts 20215,6 k €↑
  7. 2021
    Name changeRovano
  8. 2020
    Annual accounts 2020-2,5 k €↑
  9. 2019
    Annual accounts 2019-9,4 k €↑
  10. 2018
    Annual accounts 2018-13,9 k €↓
  11. 2017
    Annual accounts 20173,5 k €↑
  12. 2016
    Annual accounts 2016-4,6 k €↓
  13. 2015
    Annual accounts 2015830,8 €↓
  14. 2014
    Annual accounts 20149 k €↑
  15. 2013
    Annual accounts 2013-1 k €↓
  16. 2012
    Annual accounts 2012751,6 €↑
  17. 2011
    Annual accounts 2011-7,6 k €↓
  18. 2010
    Annual accounts 201021,6 €↓
  19. 2009
    Annual accounts 200932,7 k €
  20. 16/12/2008
    IncorporationPrivate limited company