Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
RICOSSA from Brussel, company number BE0426685182, closed financial year 2025 with a result of € 9,385 after tax. For that financial year RICOSSA recorded a gross margin of € 13,844 and equity of € -181,584. Compared with financial year 2024, the result moved from € 37,695 to € 9,385. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ -181,584
▲ € 9,385 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,385
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 23,918
▲ € 23,865 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -441,584.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 148,342
Loans from banks and other lenders, long and short.
€ 36,291
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,166 | € -11,574 | € 40,666 | € 13,844 | ▼ 66% |
| Profit after taxes | € -7,100 | € -11,894 | € 37,695 | € 9,385 | ▼ 75% |
| Equity | € -216,771 | € -228,664 | € -190,969 | € -181,584 | ▲ € 9,385 |
| Total debts | € 252,771 | € 255,013 | € 262,022 | € 246,502 | ▼ 6% |
| Cash | - | € 349 | € 53 | € 23,918 | ▲ € 23,865 |
| Land & buildings | € 26,000 | € 26,000 | € 26,000 | € 26,000 | |
| Retained profit | € -476,771 | € -488,664 | € -450,969 | € -441,584 | ▲ € 9,385 |
| Bank debt | € 148,348 | € 148,342 | € 148,342 | € 148,342 | |
| Balance sheet total | € 36,000 | € 26,349 | € 71,053 | € 64,918 | ▼ 9% |
Key figures of RICOSSA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to RICOSSA?
What happened at RICOSSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,385 (▼ 75% vs 2024). filed late Source: NBB ↗
- Mounir HEFZI became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,100 loss in 2022 to € 9,385 profit in 2025.
Best year ever: 2024, with € 37,695 profit.
A new publication or filing at RICOSSA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind RICOSSA is Mounir HEFZI. Mounir HEFZI is also behind RECOM INTERNATIONAL and OLYMPIC GO.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 103 box 6
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →Association pour le respect de l'Ethique professionnelle et pour la défense de la profession de Consultant en Recherche active et systématique par approche
Belgo-Libische kamer van Koophandel - Chambre de Commerce belgo-libyenne
Center for United Nations Constitutional Research
OLYMPIC GO same network
€ -4,834 gross margin · 2025
NAUTILUS FRONTIERS
€ 4,987 gross margin · 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.685.182
- VAT number
- BE 0426.685.182
- Registered office
- Franklin Rooseveltlaan 103 bus 6, 1050 Brussel
- Names & denominations
- RICOSSA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1984
- Peppol
- Not registered