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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
RIMECO from Tienen, company number BE0461683871, closed financial year 2025 with a result of € 718,334 after tax. For that financial year RIMECO recorded a gross margin of € 1.8 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 664,506 to € 718,334. 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 24, 2026.
€ 1.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 718,334
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
97 % of the profit went to the shareholders, mostly to Abo Group Environment NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
13.3
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 835,878
▲ 19% vs 2024
€ 62,800 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.
€ 116,546
▲ € 99,653 vs 2024
Of which on lease € 83,135.
Debts at end 2025
€ 83,088
▲ 106% vs 2024
€ 19,185 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 354,301
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 295,573
▲ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 786,119 | € 1,014,109 | € 1,620,373 | € 1,846,166 | ▲ 14% |
| Profit after taxes | € 256,775 | € 295,759 | € 664,506 | € 718,334 | ▲ 8% |
| Equity | € 1,087,662 | € 1,383,421 | € 1,547,927 | € 1,566,261 | ▲ 1% |
| Total debts | € 199,261 | € 288,589 | € 975,603 | € 1,468,586 | ▲ 51% |
| Cash | € 779,317 | € 1,113,340 | € 850,085 | € 1,069,255 | ▲ 26% |
| Land & buildings | - | - | € 18,574 | € 24,035 | ▲ 29% |
| Retained profit | € 1,013,294 | € 1,309,053 | € 1,473,559 | € 1,491,893 | ▲ 1% |
| Dividend | € 0 | € 0 | € 500,000 | € 700,000 | ▲ 40% |
| Bank debt | € 0 | € 0 | € 40,368 | € 83,088 | ▲ 106% |
| Balance sheet total | € 1,286,923 | € 1,672,010 | € 2,523,530 | € 3,034,847 | ▲ 20% |
| Employees (FTE) | 7.5 | 8.9 | 11.6 | 13.3 | ▲ 1.7 |
Key figures of RIMECO, 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 RIMECO?
What happened at RIMECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alexander De Palmenaer stepped down as director. NBB
- LTL BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 718,334 (▲ 8% vs 2024). Source: NBB ↗
- Frank De Palmenaer became a director. NBB
- LTL BV became a director. NBB
- ADBM BV stepped down as director. NBB
- Alexander De Palmenaer became a director. NBB
- ADBM BV became a director. NBB
In short
From € 256,775 profit in 2022 to € 718,334 profit in 2025.
Paid € 675,064 in corporate taxes since 2022.
Best year ever: 2025, with € 718,334 profit.
On average € 138,800 of value added per employee in 2025.
Management
Behind RIMECO is Frank De Palmenaer. The shares are held by Abo Group Environment NV (100%).
Directors
According to the 2025 annual accounts
Frank De Palmenaer
Director
Also active at: FRAPAL, STUDIE- EN EXPERTISEBUREAU DE PALMENAER, Studiebureau voor wegen- en Bouwkunde - Ontwerpen, Palladion, SIPRESS, 2B Construct, SOCRATES BUSINESS CENTER, ABO Logistics +15 more
since 2025
Managing director · represented by Linda Moors
since 2025 · until 2028
Director · represented by Peter Somers
since 2021 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grijpenlaan 5
3300 Tienen
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
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Network
Details
- Company number
- 0461.683.871
- VAT number
- BE 0461.683.871
- Registered office
- Grijpenlaan 5, 3300 Tienen
- Names & denominations
- RIMECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1997
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- rimeco.be [email protected]
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