ACTIVE

RYCKEWAERT

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Financial year 2024 · closed on 31/12/2024

Net result

167,4 k €

-68.7% YoY

Gross margin

936,3 k €

-35.4% YoY

Equity

1,7 M €

+10.9% YoY

Workforce

2,1 ETP

-36.4% YoY

What does RYCKEWAERT do?

RYCKEWAERT is a Private limited company incorporated in 2007. Its main activity is: Site preparation. Its registered office is in Koekelare. It employs on average 2,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.043.996

Incorporation

26/04/2007

Legal form

Private limited company

Registered office

Korkentapstraat 27
8680 Koekelare · FlandreSee on map

Contributed capital

111 475,14 €

Latest accounts

31/12/2024

Average workforce

2,1 ETP

Activities (NACE)

43120Site preparation· main 43120Site preparation 45112Sale of cars and light motor vehicles

Joint committees (5)

124
1240
200
2000
218

Signals

ProfitableSolid equityLow riskPositive 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

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	936,3 k €	-35.4%	1,4 M €	+92.5%	752,2 k €	-4.3%	786 k €	+9.8%	716 k €	-4.3%	748,4 k €	+3.3%	724,3 k €	+5.1%	689,1 k €	+10.0%	626,6 k €	+35.1%	463,7 k €	-10.8%	520 k €	-12.2%	592,2 k €	+15.8%	511,4 k €	+12.0%	456,4 k €	+57.8%	289,2 k €	+129%	126,5 k €	-32.5%	187,5 k €
EBITDA	803,1 k €	-33.0%	1,2 M €	+121%	542,8 k €	-5.5%	574,3 k €	+7.7%	533,4 k €	-2.0%	544,4 k €	+7.7%	505,7 k €	+6.3%	475,8 k €	+10.9%	429 k €	+42.4%	301,2 k €	-18.1%	367,8 k €	-20.5%	462,9 k €	+5.2%	439,9 k €	+4.8%	419,6 k €	+58.1%	265,3 k €	+111%	125,7 k €	-32.4%	186 k €
Operating result	264,4 k €	-66.2%	782,6 k €	+253%	221,6 k €	-18.6%	272,2 k €	+5.8%	257,4 k €	+57.7%	163,2 k €	+14.4%	142,7 k €	-23.7%	187 k €	+23.1%	151,9 k €	+962%	-17,6 k €	-135%	50,3 k €	-60.7%	127,9 k €	-23.4%	167 k €	+4.5%	159,9 k €	+199%	53,4 k €	+166%	20,1 k €	-37.9%	32,3 k €
Net result	167,4 k €	-68.7%	534 k €	+214%	170 k €	-14.4%	198,6 k €	-0.2%	199 k €	+57.1%	126,6 k €	+9.4%	115,7 k €	+1.2%	114,4 k €	+31.5%	87 k €	+451%	15,8 k €	-66.4%	47 k €	-37.4%	75,2 k €	-32.5%	111,3 k €	+25.4%	88,7 k €	+241%	26 k €	+475%	4,5 k €	-65.1%	13 k €
Balance sheet
Equity	1,7 M €	+10.9%	1,5 M €	+46.9%	1,1 M €	-10.5%	1,2 M €	+20.3%	977,9 k €	+25.5%	778,9 k €	+19.4%	652,3 k €	+21.6%	536,6 k €	+27.1%	422,2 k €	+25.9%	335,3 k €	+4.9%	319,5 k €	+16.0%	275,5 k €	+25.2%	220 k €	+77.9%	123,6 k €	+125%	55 k €	+46.7%	37,5 k €	+13.7%	33 k €
Total assets	4,7 M €	+36.3%	3,4 M €	+20.1%	2,8 M €	+7.7%	2,6 M €	+8.0%	2,4 M €	-3.4%	2,5 M €	+5.2%	2,4 M €	+46.4%	1,6 M €	-11.5%	1,9 M €	+7.9%	1,7 M €	-3.6%	1,8 M €	+2.8%	1,7 M €	+48.9%	1,2 M €	-6.8%	1,3 M €	+32.8%	942,2 k €	+72.3%	547 k €	+41.8%	385,7 k €
Cash	96,8 k €	-0.7%	97,5 k €	+29.2%	75,5 k €		–		22,1 k €		–		17,2 k €	-72.6%	62,8 k €	-70.2%	210,8 k €	+1617%	12,3 k €	-88.9%	110,5 k €	-1.5%	112,2 k €		–		155,8 k €	+36791%	422,2 €	-96.9%	13,5 k €	+1588%	800,9 €
Debts	2,9 M €	+58.0%	1,8 M €	+4.2%	1,8 M €	+21.9%	1,5 M €	-0.1%	1,5 M €	-16.9%	1,7 M €	+0.1%	1,7 M €	+60.3%	1,1 M €	-23.4%	1,4 M €	+4.9%	1,4 M €	-5.2%	1,4 M €	-0.8%	1,4 M €	+54.5%	931,5 k €	-16.9%	1,1 M €	+28.5%	872,5 k €	+72.0%	507,3 k €	+45.2%	349,4 k €
Other
Workforce	2,1 ETP	-36.4%	3,3 ETP	+3.1%	3,2 ETP	-13.5%	3,7 ETP	+15.6%	3,2 ETP	-5.9%	3,4 ETP	-15.0%	4,0 ETP	0.0%	4,0 ETP	+8.1%	3,7 ETP	+19.4%	3,1 ETP	-3.1%	3,2 ETP	+10.3%	2,9 ETP	+81.2%	1,6 ETP	+77.8%	0,9 ETP	+28.6%	0,7 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 31/12/2024 · 1 active · 4 ended

Active mandates

PATRICK RYCKEWAERT

Director · since 29 décembre 2023

Active

Ended mandates

Patrick Ryckewaert

Director · since 23 avril 2007

Ended

PATRICK RYCKEWAERT

Director

Ended

PATRICK RYCKEWAERT

Manager

Ended

PATRICK RYCKEWAERT

Associate

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged 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	29/10/2025	11/10/2024	31/08/2023	30/08/2022	31/08/2021	06/10/2020
General meeting	24/09/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021	08/09/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	24/09/2025	29/10/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/10/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	06/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	20/08/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	28/08/2009	Dutch	PDF

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 31/12/2024 · 1 active · 4 ended

Active mandates

PATRICK RYCKEWAERT

Director · since 29 décembre 2023

Active

Ended mandates

Patrick Ryckewaert

Director · since 23 avril 2007

Ended

PATRICK RYCKEWAERT

Director

Ended

PATRICK RYCKEWAERT

Manager

Ended

PATRICK RYCKEWAERT

Associate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other07/05/2007
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

2024
Annual accounts 2024167,4 k €↓
2023
Annual accounts 2023534 k €↑
2023
Name changeRYCKEWAERT
2022
Annual accounts 2022170 k €↓
2021
Annual accounts 2021198,6 k €↓
2021
Name changeRYCKEWAERT 0450
2020
Annual accounts 2020199 k €↑
2019
Annual accounts 2019126,6 k €↑
2018
Annual accounts 2018115,7 k €↑
2017
Annual accounts 2017114,4 k €↑
2016
Annual accounts 201687 k €↑
2015
Annual accounts 201515,8 k €↓
2014
Annual accounts 201447 k €↓
2013
Annual accounts 201375,2 k €↓
2012
Annual accounts 2012111,3 k €↑
2011
Annual accounts 201188,7 k €↑
2010
Annual accounts 201026 k €↑
2009
Annual accounts 20094,5 k €↓
2008
Annual accounts 200813 k €
26/04/2007
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

RYCKEWAERT

Overview

What does RYCKEWAERT do?

Trend over 17 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