Financials
Financial year 2025
LARECO from Marche-en-Famenne, company number BE0444719066, closed financial year 2025 with a result of € 596,531 after tax. For that financial year LARECO recorded revenue of € 3.4 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 539,310 to € 596,531. Profitable, and profit is growing. 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 June 22, 2026.
€ 1.8 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 596,531
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
59 % of the profit went to the shareholders, mostly to DESMA HOLDING (96 % of the shares). That is where the money ends up.
People and assets in 2025
23.5
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 10% vs 2024
€ 46,600 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.
€ 103,278
▲ 221% vs 2024
Of which on lease € 6,689.
Debts at end 2025
€ 7,435
▼ 40% vs 2024
€ 5,111 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 241,844
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 213,970
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,387,536 | € 2,789,116 | € 3,169,513 | € 3,434,272 | ▲ 8% |
| Profit after taxes | € 439,098 | € 566,333 | € 539,310 | € 596,531 | ▲ 11% |
| Equity | € 1,107,075 | € 1,348,408 | € 1,562,718 | € 1,809,249 | ▲ 16% |
| Total debts | € 695,934 | € 907,886 | € 744,259 | € 813,249 | ▲ 9% |
| Cash | € 805,389 | € 1,061,001 | € 1,210,717 | € 1,451,878 | ▲ 20% |
| Land & buildings | € 65,755 | € 48,899 | € 38,959 | € 37,804 | ▼ 3% |
| Retained profit | € 607,075 | € 848,408 | € 1,062,718 | € 1,309,249 | ▲ 23% |
| Dividend | € 275,000 | € 325,000 | € 325,000 | € 350,000 | ▲ 8% |
| Bank debt | € 26,071 | € 17,387 | € 12,456 | € 7,435 | ▼ 40% |
| Balance sheet total | € 1,803,009 | € 2,256,294 | € 2,306,977 | € 2,622,498 | ▲ 14% |
| Employees (FTE) | 15.4 | 17.2 | 20.4 | 23.5 | ▲ 3.1 |
Key figures of LARECO, 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 LARECO?
What happened at LARECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Desma Holding NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 596,531 (▲ 11% vs 2024). Source: NBB ↗
- Desma Holding NV became a director. NBB
- New establishment in Marche-en-Famenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 439,098 profit in 2022 to € 596,531 profit in 2025.
Paid € 766,129 in corporate taxes since 2022.
Best year ever: 2025, with € 596,531 profit.
Paid out € 1.3 million in dividends to the owners in total.
Management
The stake of DESMA HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LARECOThe shares are held by DESMA HOLDING (95.5%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Shareholders
95.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Aye, Rue de la Croissance 4
6900 Marche-en-Famenne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DEVRANDOM, BE
Domain
Domain
lareco.net
Registered
2001-02-20
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-02-20
Website info
Features
Security
Network
Details
- Company number
- 0444.719.066
- VAT number
- BE 0444.719.066
- Registered office
- Aye, Rue de la Croissance 4, 6900 Marche-en-Famenne
- Names & denominations
- LARECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 1991
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- lareco.net [email protected] 084/321690
- Activities · NACE
Overige technische testen en toetsen
Technische testen en analyses
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied