ACTIVE

AREC-projects

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Financial year 2024 · closed on 31/12/2024

Net result

2,7 k €

+116.3% YoY

Revenue

240,9 k €

-2.1% YoY

Equity

18,4 k €

+17.4% YoY

What does AREC-projects do?

AREC-projects is a Private limited company incorporated in 2003. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in Ciney.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.425.614

Incorporation

29/12/2003

Legal form

Private limited company

Registered office

Ch. du Forbot de Jannée(Pessoux) 3 box A
5590 Ciney · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Activities (NACE)

47783Other retail sale of new goods in specialised stores· main 47784Other retail sale of new goods in specialised stores 52488Warehousing and support activities for transportation

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	240,9 k €	-2.1%	246 k €	-5.4%	260 k €	+2.0%	254,9 k €	+39.2%	183,2 k €	-26.9%	250,7 k €	+63.2%	153,6 k €	+1.7%	151 k €	+8.0%	139,8 k €	+34.0%	104,4 k €	+734%	12,5 k €	-47.2%	23,7 k €	+28.9%	18,4 k €	+18.8%	15,5 k €	-5.2%	16,3 k €	+58.9%	10,3 k €	-49.3%	20,2 k €	-79.7%	99,7 k €	-11.4%	112,5 k €
EBITDA	22 k €	+22.2%	18 k €	-48.9%	35,2 k €	-50.3%	70,9 k €	+235%	21,2 k €	-74.2%	82,1 k €	+204%	27 k €	-13.0%	31,1 k €	+2.5%	30,3 k €	+41.2%	21,5 k €	+221%	-17,7 k €	-112%	-8,3 k €	+31.3%	-12,2 k €	-5.1%	-11,6 k €	-36.9%	-8,4 k €	+46.5%	-15,8 k €	+37.0%	-25 k €	-23.0%	-20,4 k €	-193%	-6,9 k €
Operating result	6,4 k €	+75.0%	3,6 k €	-84.9%	24,2 k €	-60.1%	60,6 k €	+231%	18,3 k €	-76.1%	76,7 k €	+392%	15,6 k €	-7.5%	16,9 k €	-24.0%	22,2 k €	+60.3%	13,9 k €	+166%	-21 k €	-80.6%	-11,6 k €	+5.4%	-12,3 k €	-5.0%	-11,7 k €	-36.4%	-8,6 k €	+45.6%	-15,8 k €	+52.9%	-33,5 k €	-16.3%	-28,8 k €	-87.2%	-15,4 k €
Net result	2,7 k €	+116%	-16,8 k €	-193%	18 k €	-69.3%	58,5 k €	+269%	15,8 k €	-79.0%	75,3 k €	+511%	12,3 k €	-5.3%	13 k €	-35.8%	20,3 k €	+86.9%	10,8 k €	+147%	-23 k €	-76.9%	-13 k €	+1.6%	-13,2 k €	-0.4%	-13,2 k €	-32.1%	-10 k €	+38.0%	-16,1 k €	+56.8%	-37,3 k €	-12.5%	-33,1 k €	-40.2%	-23,6 k €
Balance sheet
Equity	18,4 k €	+17.4%	15,6 k €	-51.7%	32,4 k €	+124%	14,4 k €	+133%	-44,1 k €	+26.4%	-59,9 k €	+55.7%	-135,2 k €	+8.4%	-147,6 k €	+8.1%	-160,6 k €	+11.2%	-180,8 k €	+5.7%	-191,7 k €	-13.7%	-168,7 k €	-8.4%	-155,6 k €	-9.3%	-142,4 k €	-10.2%	-129,2 k €	-8.4%	-119,2 k €	-15.6%	-103,1 k €	-56.6%	-65,9 k €	-101%	-32,7 k €
Total assets	288,4 k €	+3.8%	277,8 k €	+92.9%	144 k €	+0.9%	142,7 k €	+27.3%	112,1 k €	+25.2%	89,5 k €	+17.4%	76,3 k €	-11.3%	86 k €	+24.3%	69,2 k €	+39.9%	49,4 k €	+356%	10,8 k €	-42.8%	19 k €	+290%	4,9 k €	+153%	1,9 k €	+64.6%	1,2 k €	-30.9%	1,7 k €	-70.2%	5,7 k €	-78.4%	26,3 k €	-4.5%	27,6 k €
Cash	7,8 k €	-43.9%	13,8 k €	-80.2%	70,1 k €	-9.2%	77,2 k €		–		–		–		15,8 k €	+147%	6,4 k €	-30.6%	9,2 k €		–		–		–		1,5 k €		–		–		–		–		–
Debts	270 k €	+3.0%	262,2 k €	+135%	111,6 k €	-13.0%	128,3 k €	-17.8%	156,1 k €	+4.5%	149,4 k €	-29.3%	211,5 k €	-9.4%	233,5 k €	+1.7%	229,7 k €	-0.2%	230,3 k €	+13.7%	202,5 k €	+7.9%	187,6 k €	+16.9%	160,5 k €	+11.2%	144,3 k €	+10.7%	130,4 k €	+7.8%	120,9 k €	+11.1%	108,8 k €	+18.0%	92,2 k €	+52.8%	60,3 k €
Other
Workforce	–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	-60.0%	0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	+33.3%	0,3 ETP	-40.0%	0,5 ETP	-61.5%	1,3 ETP	0.0%	1,3 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 31/12/2024 · 1 active · 2 ended

Active mandates

RENE LIBENS

Mandate

Active

Ended mandates

CAROLINE LIBENS

Mandate

Ended

JORIS RENNEN

Mandate

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/08/2025	06/09/2024	08/09/2023	31/08/2022	17/09/2021	22/07/2020
General meeting	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021	30/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	31/05/2025	11/08/2025	French	PDF
Micro model	31/12/2023	25/05/2024	06/09/2024	French	PDF
Micro model	31/12/2022	27/05/2023	08/09/2023	French	PDF
Abridged model	31/12/2021	28/05/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	29/05/2021	17/09/2021	French	PDF
Abridged model	31/12/2019	30/05/2020	22/07/2020	French	PDF
Abridged model	31/12/2018	07/09/2019	07/11/2019	French	PDF
Abridged model	31/12/2017	26/08/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	25/09/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	29/07/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	08/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	29/09/2014	14/11/2014	Dutch	PDF
Abridged model	31/12/2012	24/09/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	24/09/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	29/10/2011	26/12/2011	Dutch	PDF
Abridged model	31/12/2009	30/10/2010	22/12/2010	Dutch	PDF
Abridged model	31/12/2008	28/12/2009	31/12/2009	Dutch	PDF
Abridged model	31/12/2007	21/11/2008	28/11/2008	Dutch	PDF
Abridged model	31/12/2006	27/09/2007	27/12/2007	Dutch	PDF

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 31/12/2024 · 1 active · 2 ended

Active mandates

RENE LIBENS

Mandate

Active

Ended mandates

CAROLINE LIBENS

Mandate

Ended

JORIS RENNEN

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/12/2023
SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office18/03/2020
SIEGE SOCIAL
PDF
Mandates13/01/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office16/02/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other06/02/2015
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/08/2005
MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 20242,7 k €↑
2023
Annual accounts 2023-16,8 k €↓
2022
Annual accounts 202218 k €↓
2021
Annual accounts 202158,5 k €↑
2020
Annual accounts 202015,8 k €↓
2019
Annual accounts 201975,3 k €↑
2018
Annual accounts 201812,3 k €↓
2017
Annual accounts 201713 k €↓
2016
Annual accounts 201620,3 k €↑
2015
Annual accounts 201510,8 k €↑
2014
Annual accounts 2014-23 k €↓
2013
Annual accounts 2013-13 k €↑
2012
Annual accounts 2012-13,2 k €↓
2011
Annual accounts 2011-13,2 k €↓
2010
Annual accounts 2010-10 k €↑
2009
Annual accounts 2009-16,1 k €↑
2008
Annual accounts 2008-37,3 k €↓
2007
Annual accounts 2007-33,1 k €↓
2006
Annual accounts 2006-23,6 k €
29/12/2003
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

AREC-projects

Overview

What does AREC-projects do?

Trend over 19 financial years

Indicative valuation

Board of directors

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