ACTIVE

RECO +

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Financial year 2025 · Closed on 31/12/2025

Net result289,7 k €+67,1 %over 1 year
Revenue18,6 M €+47,4 %over 1 year
Equity1,5 M €+24,7 %over 1 year
Workforce16,7 ETP+18,4 %over 1 year

Identity

Source · BCE/KBO

RECO + is a Public limited company incorporated in 2004. Its main activity is: Construction of buildings. Its registered office is in Herve. It employs on average 16,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.062.025
Incorporation
30/06/2004
Legal form
Public limited company
Registered office
Rue de Chesseroux 5
4651 Herve · WallonieSee on map
Contributed capital
61 598,14 €
Latest accounts
31/12/2025
Average workforce
16,7 ETP
Joint committees (2)
  • 124
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue18,6 M €12,6 M €11 M €11,1 M €6,3 M €
EBITDA179 k €701,2 k €577,1 k €531,5 k €82,8 k €
Operating result89,7 k €542,9 k €471,7 k €445,1 k €43,9 k €
Net result289,7 k €173,4 k €345,5 k €437,9 k €28,2 k €
Balance sheet
Equity1,5 M €1,2 M €4,7 M €4,3 M €4,2 M €
Total assets6,3 M €8,6 M €6,5 M €6,1 M €4,9 M €
Cash2,6 M €1,4 M €1,3 M €829 k €728,4 k €
Debts4,8 M €7,4 M €1,8 M €1,8 M €748,8 k €
Other
Workforce16,7 ETP14,1 ETP14,1 ETP13,1 ETP10,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
AMO INVEST0832.120.834Represented by XAVIER LEONARD
MandateManager16/12/2010 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
SEVKET BILIR
Manageruntil 12/09/2011
Xavier LEONARD
Manageruntil 16/12/2010

Other companies at this address

Rue de Chesseroux 5 4651 Herve
CompanyCBE no.
ACOSMA● Active
0754.459.565
AMO INVEST● Active
0832.120.834
AM RECO+ & DIEDERICKXS J● Active
1034.379.987
RECO UNIT● Active
0775.462.540

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date03/07/202627/08/202522/08/202429/08/202325/08/202224/08/2021
General meeting08/06/202627/05/202528/05/202423/05/202325/05/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/06/202603/07/2026FrenchPDF
Abridged model31/12/202427/05/202527/08/2025FrenchPDF
Abridged model31/12/202328/05/202422/08/2024FrenchPDF
Abridged model31/12/202223/05/202329/08/2023FrenchPDF
Abridged model31/12/202125/05/202225/08/2022FrenchPDF
Abridged model31/12/202026/05/202124/08/2021FrenchPDF
Abridged model31/12/201927/05/202027/08/2020FrenchPDF
Abridged model31/12/201822/05/201929/08/2019FrenchPDF
Abridged model31/12/201723/05/201803/08/2018FrenchPDF
Abridged model31/12/201624/05/201730/08/2017FrenchPDF
Abridged model31/12/201524/05/201623/06/2016FrenchPDF
Abridged model31/12/201414/05/201519/06/2015FrenchPDF
Abridged model31/12/201314/05/201422/05/2014FrenchPDF
Abridged model31/12/201222/02/201301/03/2013FrenchPDF
Abridged model31/12/201107/03/201219/03/2012FrenchPDF
Abridged model31/12/201011/02/201124/02/2011FrenchPDF
Abridged model31/12/200901/03/201001/03/2010FrenchPDF
Abridged model31/12/200817/02/200919/02/2009FrenchPDF
Abridged model31/12/200727/05/200821/06/2008FrenchPDF
Abridged model31/12/200623/05/200729/06/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
AMO INVEST0832.120.834Represented by XAVIER LEONARD
MandateManager16/12/2010 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
SEVKET BILIR
Manageruntil 12/09/2011
Xavier LEONARD
Manageruntil 16/12/2010

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office22/02/2024
    SIEGE SOCIAL
    PDF
  • Registered office02/03/2023
    SIEGE SOCIAL
    PDF
  • Other23/11/2022
    OBJET - MODIFICATION FORME JURIDIQUE
    PDF
  • Capital / shares23/06/2021
    CAPITAL, ACTIONS
    PDF
  • Mandates30/03/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/01/2011
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
AMO INVEST
SEVKET BILIR
Xavier LEONARD
20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
RECO +
Rue de Chesseroux 5, 4651 Battice
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de Chesseroux 5, 4651 BatticeCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00248594
Rue Nazareth 16, 4651 Battice
accounts 2022
Accounts 2022 · 2023-00371112
Rue de Chesseroux 5, 4651 Battice
accounts 2021
Accounts 2021 · 2022-20318429

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
RECO +Current
accounts 2021 → 2025
Accounts 2025 · 2026-00248594

Events

  1. 2025
    Annual accounts 2025289,7 k €↑
  2. 2024
    Annual accounts 2024173,4 k €↓
  3. 2023
    Annual accounts 2023345,5 k €↓
  4. 2022
    Annual accounts 2022437,9 k €↑
  5. 2021
    Annual accounts 202128,2 k €↓
  6. 2020
    Annual accounts 2020653,4 k €↑
  7. 2019
    Annual accounts 2019243,6 k €↓
  8. 2018
    Annual accounts 2018619,2 k €↓
  9. 2017
    Annual accounts 2017760,4 k €↑
  10. 2016
    Annual accounts 2016241,4 k €↓
  11. 2015
    Annual accounts 2015628,1 k €↑
  12. 2014
    Annual accounts 2014483,8 k €↓
  13. 2013
    Annual accounts 2013484,4 k €↑
  14. 2012
    Annual accounts 2012383,2 k €↑
  15. 2011
    Annual accounts 2011284,6 k €↑
  16. 2010
    Annual accounts 201083,5 k €↑
  17. 2009
    Annual accounts 200926,2 k €↑
  18. 2007
    Annual accounts 200715,6 k €↑
  19. 2006
    Annual accounts 200612,6 k €
  20. 30/06/2004
    IncorporationPublic limited company