Financials
Financial year 2024
RECOVER from Sint-Martens-Latem, company number BE0462487090, closed financial year 2024 with a result of € -192,743 after tax. For that financial year RECOVER recorded a gross margin of € 24,812 and equity of € 445,459. Compared with financial year 2023, the result moved from € 38,928 to € -192,743. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2025.
€ 445,459
▼ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -192,743
▼ still € 38,928 profit in 2023
Profit after tax over the fiscal year.
€ 33,111
▼ 28% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -506,960.
People and assets in 2024
€ 18,180
▼ 5% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 170
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 9,021
▲ 104% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,063
▲ 43% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 20,688 | € 31,909 | € 17,272 | € 24,812 | ▲ 44% |
| Profit after taxes | € 12,419 | € 22,212 | € 38,928 | € -192,743 | ▼ € 231,670 |
| Equity | € 522,061 | € 544,273 | € 583,201 | € 445,459 | ▼ 24% |
| Total debts | € 784,663 | € 787,520 | € 794,620 | € 788,694 | ▼ 1% |
| Cash | € 5,382 | € 14,329 | € 45,793 | € 33,111 | ▼ 28% |
| Land & buildings | € 483,457 | € 476,559 | € 463,673 | € 467,452 | ▲ 1% |
| Retained profit | € -375,357 | € -353,145 | € -314,217 | € -506,960 | ▼ € 192,743 |
| Balance sheet total | € 1,306,724 | € 1,331,793 | € 1,377,821 | € 1,234,153 | ▼ 10% |
Key figures of RECOVER, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RECOVER?
What happened at RECOVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Catherine Cordier stepped down as director. NBB
- Laurent Van Damme stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 192,743 (▼ € 231,670 vs 2023). filed late Source: NBB ↗
- Catherine Cordier became a director. NBB
- Laurent Van Damme became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,419 profit in 2021 to € 192,743 loss in 2024.
Best year ever: 2023, with € 38,928 profit.
Management
Directors
According to the 2024 annual accounts
Catherine Cordier
Director
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Forestierspad 7
9830 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.487.090
- VAT number
- BE 0462.487.090
- Registered office
- Forestierspad 7, 9830 Sint-Martens-Latem
- Names & denominations
- RECOVER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1998
- Peppol
- Active · Active since 24 May 2025
- Activities · NACE
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