Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21 to 16.3.
Financials
Financial year 2025
RYCOBEL from Deerlijk, company number BE0433384716, closed financial year 2025 with a result of € 606,508 after tax. For that financial year RYCOBEL recorded a gross margin of € 2.9 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 1 million to € 606,508. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 1.8 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 606,508
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 107,882
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
16.3
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 7% vs 2024
€ 113,000 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.
€ 312,057
▲ 18% vs 2024
Of which on lease € 121,318.
Debts at end 2025
€ 1.6 million
▲ 4% vs 2024
€ 144,205 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.5 million
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 139,795
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,595,791 | € 3,713,484 | € 3,520,252 | € 2,918,221 | ▼ 17% |
| Profit after taxes | € 1,351,683 | € 1,213,034 | € 1,010,574 | € 606,508 | ▼ 40% |
| Equity | € 2,849,254 | € 3,702,288 | € 1,912,862 | € 1,819,370 | ▼ 5% |
| Total debts | € 5,863,411 | € 3,550,368 | € 4,629,100 | € 4,402,466 | ▼ 5% |
| Cash | € 204,430 | € 156,882 | € 110,953 | € 107,882 | ▼ 3% |
| Land & buildings | € 83,752 | € 78,882 | € 77,969 | € 77,969 | |
| Retained profit | € 2,739,254 | € 3,592,288 | € 1,802,862 | € 1,709,370 | ▼ 5% |
| Dividend | € 1,300,000 | € 360,000 | € 2,800,000 | € 700,000 | ▼ 75% |
| Bank debt | € 1,588,778 | € 1,009,262 | € 1,505,407 | € 1,558,225 | ▲ 4% |
| Balance sheet total | € 8,712,665 | € 7,252,656 | € 6,541,962 | € 6,221,836 | ▼ 5% |
| Employees (FTE) | 19 | 21 | 19.2 | 16.3 | ▼ 2.9 |
Key figures of RYCOBEL, 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 RYCOBEL?
What happened at RYCOBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 606,508 (▼ 40% vs 2024). Source: NBB ↗
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 606,508 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
On average € 179,000 of value added per employee in 2025.
Management
The stake of RICARO, Newton Force comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RYCOBELBehind RYCOBEL are Jan Ponnet and Newton Force BV. The shares are held by RICARO (100%) and Newton Force (100%).
Directors
According to the 2025 annual accounts
Jan Ponnet
Director
Also active at: VADESCO LOGISTICS, CAISSERIES BELLE VUE, FORESCO PALLETS, LEBECK LUXEMBOURG, NV Dynamica Industrial Property, PALETTEN ANDRIES, ARSEUS MEDICAL, FORESCO PALLET RECYCLING +39 more
Director · represented by Cédric De Quinnemar
Also active at: OPTIMUS, BAG-MacBen, Betonadvies Gijko, RICARO, Cromen, EUROPEAN LAB SERVICES
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 47
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.384.716
- VAT number
- BE 0433.384.716
- Registered office
- Nijverheidslaan 47, 8540 Deerlijk
- Names & denominations
- RYCOBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 1988
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
Groothandel in machines voor de textielindustrie en in naai- en breimachines
Groothandel in gereedschapswerktuigen