ACTIVE

RYCO

Financial year 2025 · closed on 30/09/2025
Net result
51,1 k €
+163.4% YoY
Gross margin
264,6 k €
+16.3% YoY
Equity
1,4 M €
+0.1% YoY
Workforce
1,0 ETP
+11.1% YoY

What does RYCO do?

RYCO is a Private limited company incorporated in 2010. Its main activity is: Activities of head offices. Its registered office is in Lievegem. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0827.780.578
Incorporation
13/07/2010
Legal form
Private limited company
Registered office
Neerstraat 8
9921 Lievegem · FlandreSee on map
Contributed capital
48 600,00 €
Latest accounts
30/09/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202018201720162015201420132011
Income statement
Gross margin264,6 k €227,5 k €243,5 k €340,4 k €284,1 k €551,8 k €125,9 k €104,2 k €62,1 k €67,6 k €85,9 k €110 k €17,7 k €
EBITDA196,9 k €157,6 k €185,1 k €236,5 k €69,2 k €380,3 k €75,3 k €64,4 k €61,1 k €57,3 k €84,9 k €108,5 k €16,8 k €
Operating result66,2 k €33,2 k €71,7 k €124,4 k €-46 k €273,4 k €823,4 €51,8 k €58,6 k €54,8 k €82,4 k €106 k €16,8 k €
Net result51,1 k €19,4 k €51,4 k €98,5 k €-91,4 k €169,6 k €-770,6 k €323 k €37,9 k €31,6 k €49,7 k €55,8 k €291,6 k €
Balance sheet
Equity1,4 M €1,4 M €1,3 M €1,3 M €1,2 M €1,3 M €296,5 k €1,1 M €744,1 k €722,2 k €690,6 k €640,9 k €321,6 k €
Total assets1,8 M €2 M €2 M €2,1 M €2,2 M €2,5 M €1,2 M €1,4 M €1,1 M €1 M €1 M €1,1 M €956,6 k €
Cash1,3 k €1,3 k €1,7 k €2 k €2 k €3 k €448,4 €560,1 €528,5 €534,8 €2,2 k €2,3 k €31,7 k €
Debts437,7 k €568,1 k €678,3 k €760,3 k €899,6 k €1,1 M €897,6 k €291,9 k €323,4 k €300,1 k €326,6 k €413,9 k €635 k €
Other
Workforce1,0 ETP0,9 ETP0,9 ETP1,8 ETP2,0 ETP2,0 ETP1,0 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 30/09/2025 · 2 active · 6 ended

Active mandates

Koen De Rycke

Director · since 31 octobre 2019

Active
Kathleen Vervust

Director · since 02 juillet 2010

Active

Ended mandates

Kathleen Vervust

Manager · since 05 juillet 2010

Ended
Kathleen Marie-Christine VERVUST

Manager · since 02 juillet 2010

Ended
Kathleen VERVUST

Manager · since 02 juillet 2010

Ended
Kathleen VERVUST

Director

Ended
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 date08/04/202611/03/202526/02/202421/12/202223/02/202218/12/2020
General meeting20/02/202621/02/202516/02/202419/12/202218/02/202218/12/2020
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202520/02/202608/04/2026DutchPDF
Abridged model30/09/202421/02/202511/03/2025DutchPDF
Abridged model30/09/202316/02/202426/02/2024DutchPDF
Abridged model30/09/202219/12/202221/12/2022DutchPDF
Abridged model30/09/202118/02/202223/02/2022DutchPDF
Abridged model30/09/202018/12/202018/12/2020DutchPDF
Abridged model30/09/201904/05/202004/06/2020DutchPDF
Abridged model30/09/201810/03/201909/04/2019DutchPDF
Micro model30/09/201716/02/201816/03/2018DutchPDF
Abridged model30/09/201610/03/201730/03/2017DutchPDF
Abridged model30/09/201518/03/201629/03/2016DutchPDF
Abridged model30/09/201420/02/201503/03/2015DutchPDF
Abridged model30/09/201304/02/201403/03/2014DutchPDF
Abridged model30/09/201229/03/201326/04/2013DutchPDF
Abridged model30/09/201130/03/201227/04/2012DutchPDF
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 30/09/2025 · 2 active · 6 ended

Active mandates

Koen De Rycke

Director · since 31 octobre 2019

Active
Kathleen Vervust

Director · since 02 juillet 2010

Active

Ended mandates

Kathleen Vervust

Manager · since 05 juillet 2010

Ended
Kathleen Marie-Christine VERVUST

Manager · since 02 juillet 2010

Ended
Kathleen VERVUST

Manager · since 02 juillet 2010

Ended
Kathleen VERVUST

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/06/2026
    DIVERSEN
    PDF
  • Other25/08/2021
    DIVERSEN
    PDF
  • Mandates11/06/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/12/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/12/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/07/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/07/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring04/01/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 202551,1 k €
  2. 2024
    Annual accounts 202419,4 k €
  3. 2023
    Annual accounts 202351,4 k €
  4. 2022
    Annual accounts 202298,5 k €
  5. 2021
    Annual accounts 2021-91,4 k €
  6. 2020
    Annual accounts 2020169,6 k €
  7. 2018
    Annual accounts 2018-770,6 k €
  8. 2017
    Annual accounts 2017323 k €
  9. 2016
    Annual accounts 201637,9 k €
  10. 2015
    Annual accounts 201531,6 k €
  11. 2014
    Annual accounts 201449,7 k €
  12. 2013
    Annual accounts 201355,8 k €
  13. 2011
    Annual accounts 2011291,6 k €
  14. 13/07/2010
    IncorporationPrivate limited company