What does REFRESCO do?

REFRESCO is a beverage producer in Ninove. Public Limited, started on 17 December 1980, 3 establishments.

What is the address of REFRESCO?

The registered office of REFRESCO is located at Nederwijk-Oost 262, 9400 Ninove.

Is REFRESCO still active?

Yes. According to the CBE (30 October 2026) REFRESCO is active, legal situation “Normale toestand”, started on 17 December 1980.

Is REFRESCO registered on Peppol?

Yes, REFRESCO is registered on the Peppol network with ID 0208:0421059776.

What is the enterprise number of REFRESCO?

The enterprise number of REFRESCO is BE0421059776.

When was REFRESCO founded?

REFRESCO was founded on 17 December 1980.

Who are the directors of REFRESCO?

According to the 2025 annual accounts, the directors of REFRESCO are: Alexander van Assouw , Paul Havermans, Refresco Europe BV.

Is REFRESCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 December 1980; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did REFRESCO make in 2025?

REFRESCO posted a profit after taxes of € 1,371,269 in financial year 2025.

What is the revenue of REFRESCO?

In its most recent annual accounts (2025), REFRESCO reported revenue of € 25,507,192.

How much does an employee at REFRESCO earn?

The average wage cost per full-time employee at REFRESCO was € 82,100 in 2025: staff costs of € 14.9 million for 181.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does REFRESCO have?

According to the 2025 annual accounts, REFRESCO has 181.9 full-time equivalents (FTE).

REFRESCO (Public Limited) - Ninove - BE0421059776

Dossier REFRESCO, printed on 30 October 2026 from databakkes.be/en/0421059776/refresco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

REFRESCO from Ninove, company number BE0421059776, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year REFRESCO recorded revenue of € 25.5 million and equity of € 39.6 million. Compared with financial year 2024, the result moved from € 2.2 million to € 1.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Growing

€ 39.6 million

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.4 million

▼ 39% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14.6 million

▲ 59% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 32 million.

People and assets in 2025

Full-time equivalents

181.9

▲ 4.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 7.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 14.9 million

▲ 6% vs 2024

€ 82,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1.2 million

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 399

▼ 82% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2.3 million

▼ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.

Taxes and wages

€ 4.2 million

▲ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 21,389,077 Revenue 2022: € 21,389,077 First fiscal year in the series	€ 24,648,064 Revenue 2023: € 24,648,064 ▲ 15% vs 2022 (€ 21,389,077) Favourable step	€ 26,882,110 Revenue 2024: € 26,882,110 ▲ 9% vs 2023 (€ 24,648,064) Favourable step	€ 25,507,192 Revenue 2025: € 25,507,192 ▼ 5% vs 2024 (€ 26,882,110) Unfavourable step	▼ 5%
Profit after taxes	€ 1,024,189 Profit after taxes 2022: € 1,024,189 First fiscal year in the series	€ 671,310 Profit after taxes 2023: € 671,310 ▼ 34% vs 2022 (€ 1,024,189) Unfavourable step	€ 2,246,062 Profit after taxes 2024: € 2,246,062 ▲ 235% vs 2023 (€ 671,310) Favourable step	€ 1,371,269 Profit after taxes 2025: € 1,371,269 ▼ 39% vs 2024 (€ 2,246,062) Unfavourable step	▼ 39%
Equity	€ 35,312,843 Equity 2022: € 35,312,843 First fiscal year in the series	€ 35,984,153 Equity 2023: € 35,984,153 ▲ 2% vs 2022 (€ 35,312,843) Favourable step	€ 38,230,215 Equity 2024: € 38,230,215 ▲ 6% vs 2023 (€ 35,984,153) Favourable step	€ 39,601,485 Equity 2025: € 39,601,485 ▲ 4% vs 2024 (€ 38,230,215) Favourable step	▲ 4%
Total debts	€ 5,535,048 Total debts 2022: € 5,535,048 First fiscal year in the series	€ 7,549,744 Total debts 2023: € 7,549,744 ▲ 36% vs 2022 (€ 5,535,048) Unfavourable step	€ 6,861,258 Total debts 2024: € 6,861,258 ▼ 9% vs 2023 (€ 7,549,744) Favourable step	€ 6,780,163 Total debts 2025: € 6,780,163 ▼ 1% vs 2024 (€ 6,861,258) Favourable step	▼ 1%
Cash	€ 5,183,908 Cash 2022: € 5,183,908 First fiscal year in the series	€ 7,122,037 Cash 2023: € 7,122,037 ▲ 37% vs 2022 (€ 5,183,908) Favourable step	€ 9,147,696 Cash 2024: € 9,147,696 ▲ 28% vs 2023 (€ 7,122,037) Favourable step	€ 14,580,042 Cash 2025: € 14,580,042 ▲ 59% vs 2024 (€ 9,147,696) Favourable step	▲ 59%
Land & buildings	€ 12,337,840 Land & buildings 2022: € 12,337,840 First fiscal year in the series	€ 11,868,719 Land & buildings 2023: € 11,868,719 ▼ 4% vs 2022 (€ 12,337,840) Unchanged	€ 11,399,917 Land & buildings 2024: € 11,399,917 ▼ 4% vs 2023 (€ 11,868,719) Unchanged	€ 11,272,449 Land & buildings 2025: € 11,272,449 ▼ 1% vs 2024 (€ 11,399,917) Unchanged	▼ 1%
Retained profit	€ 24,700,878 Retained profit 2022: € 24,700,878 First fiscal year in the series	€ 26,372,297 Retained profit 2023: € 26,372,297 ▲ 7% vs 2022 (€ 24,700,878) Favourable step	€ 29,618,467 Retained profit 2024: € 29,618,467 ▲ 12% vs 2023 (€ 26,372,297) Favourable step	€ 31,989,845 Retained profit 2025: € 31,989,845 ▲ 8% vs 2024 (€ 29,618,467) Favourable step	▲ 8%
Bank debt	€ 5,447 Bank debt 2022: € 5,447 First fiscal year in the series	€ 172,152 Bank debt 2023: € 172,152 ▲ € 166,705 vs 2022 (€ 5,447) Unfavourable step	€ 2,165 Bank debt 2024: € 2,165 ▼ 99% vs 2023 (€ 172,152) Favourable step	€ 399 Bank debt 2025: € 399 ▼ 82% vs 2024 (€ 2,165) Favourable step	▼ 82%
Balance sheet total	€ 40,847,891 Balance sheet total 2022: € 40,847,891 First fiscal year in the series	€ 43,533,897 Balance sheet total 2023: € 43,533,897 ▲ 7% vs 2022 (€ 40,847,891) Unchanged	€ 45,091,474 Balance sheet total 2024: € 45,091,474 ▲ 4% vs 2023 (€ 43,533,897) Unchanged	€ 46,381,648 Balance sheet total 2025: € 46,381,648 ▲ 3% vs 2024 (€ 45,091,474) Unchanged	▲ 3%
Employees (FTE)	174.8 Employees (FTE) 2022: 174.8 First fiscal year in the series	177.2 Employees (FTE) 2023: 177.2 ▲ 2.4 vs 2022 (174.8) Unchanged	177.8 Employees (FTE) 2024: 177.8 ▲ 0.6 vs 2023 (177.2) Unchanged	181.9 Employees (FTE) 2025: 181.9 ▲ 4.1 vs 2024 (177.8) Unchanged	▲ 4.1

Key figures of REFRESCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to REFRESCO?

What happened at REFRESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Paul Havermans stepped down as director. NBB
2028 Alexander van Assouw stepped down as director. NBB
2028 Refresco Europe BV stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: profit of € 1.4 million (▼ 39% vs 2024). Source: NBB ↗
2025 Paul Havermans became a director. NBB
2023 Alexander van Assouw became a director. NBB
2023 Refresco Europe BV became a director. NBB
Nov 21, 2022 New establishment in Aalst. KBO

In short

From € 1 million profit in 2022 to € 1.4 million profit in 2025.

Paid € 4 million in corporate taxes since 2022.

Best year ever: 2024, with € 2.2 million profit.

Pays suppliers within 102 days on average.

Original PDFs at the National Bank ↗

Management

Refersco Benelux B.V.

Refresco Europe BV

REFRESCO

The shares are held by Refersco Benelux B.V. and Refresco Europe BV.

Directors

According to the 2025 annual accounts

Alexander van Assouw

Managing director

since 2023 · until 2028

Paul Havermans

Director

since 2025 · until 2031

Refresco Europe BV

Director · represented by Roger Sonneville

since 2023 · until 2028

Shareholders

Refersco Benelux B.V.

Refresco Europe BV

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nederwijk-Oost 262

9400 Ninove

2.227.530.764

Pamelstraat 456A

9400 Ninove

Active since 11 March 2014

2.338.369.496

Kwadelapstraat 2

9320 Aalst

Active since 21 November 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0421.059.776

VAT number

BE 0421.059.776

Registered office

Nederwijk-Oost 262, 9400 Ninove

Names & denominations

REFRESCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 December 1980

Peppol

Active · Active since 18 Dec 2025

Activities · NACE

Vervaardiging van frisdranken en water in flessen

Productie van mineraalwater en frisdranken

View on CBE Public ↗ Annual accounts (NBB) ↗

REFRESCO

Financials

What happened to REFRESCO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions