Financials
Financial year 2025
RECON from Oostende, company number BE0437837412, closed financial year 2025 with a result of € 199,983 after tax. For that financial year RECON recorded a gross margin of € 1.3 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 209,972 to € 199,983. 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 28, 2026.
€ 1.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 199,983
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
75 % of the profit went to the shareholders, mostly to SOMO INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
10.6
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 839,410
▼ 2% vs 2024
€ 79,200 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.
€ 72,564
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 840,058
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,561
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,288,783 | € 1,532,925 | € 1,312,688 | € 1,303,227 | ▼ 1% |
| Profit after taxes | € 263,845 | € 367,919 | € 209,972 | € 199,983 | ▼ 5% |
| Equity | € 1,559,594 | € 1,652,513 | € 1,712,485 | € 1,762,467 | ▲ 3% |
| Total debts | € 958,415 | € 2,190,379 | € 971,606 | € 1,155,005 | ▲ 19% |
| Cash | € 1,054,756 | € 501,453 | € 930,646 | € 1,330,495 | ▲ 43% |
| Retained profit | € 959,830 | € 1,052,749 | € 1,112,721 | € 1,162,703 | ▲ 4% |
| Dividend | € 175,000 | € 275,000 | € 150,000 | € 150,000 | |
| Balance sheet total | € 2,602,672 | € 3,932,763 | € 2,757,621 | € 3,004,930 | ▲ 9% |
| Employees (FTE) | 11.7 | 11.6 | 10.9 | 10.6 | ▼ 0.3 |
Key figures of RECON, 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 RECON?
What happened at RECON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 199,983 (▼ 5% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 263,845 profit in 2022 to € 199,983 profit in 2025.
Paid € 430,708 in corporate taxes since 2022.
Best year ever: 2023, with € 367,919 profit.
On average € 122,900 of value added per employee in 2025.
Management
The stake of SOMO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RECONBehind RECON are Somo Invest BV, SD Consult Oostende BV and Immo Somo NV. The shares are held by SOMO INVEST (99.7%).
Directors
According to the 2025 annual accounts
Managing director · represented by Maria Mortier
Also active at: DE GRANDE CARS, Automobilia Cars, RECON TRUCKS, VANSTEELAND, VEURNE AUTO, VANMOBIL, AUTOMOBILIA & Co, AUTOMOBILIA TRUCKS & CARS +5 more
Director · represented by Wim Soete
Also active at: RECON TRUCKS, AUTOMOBILIA PITTEM
Managing director · represented by Christ Soete
Also active at: DE GRANDE CARS, Automobilia Cars, RECON TRUCKS, VANSTEELAND, VEURNE AUTO, VANMOBIL, AUTOMOBILIA & Co, AUTOMOBILIA TRUCKS & CARS +5 more
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ankerstraat 14-16
8400 Oostende
Ankerstraat 14 box 1
8400 Oostende
Active since 16 August 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.837.412
- VAT number
- BE 0437.837.412
- Registered office
- Ankerstraat 14-16, 8400 Oostende
- Names & denominations
- RECON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 1989
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorvoertuigen
Carrosserieherstelling (inclusief spuiten en verven)
+4