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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RICAN from Menen, company number BE0465158847, closed financial year 2025 with a result of € 277,546 after tax. For that financial year RICAN recorded a gross margin of € 887,714 and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 373,187 to € 277,546. 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 30, 2026.
€ 3.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 277,546
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 44,216
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.7 million.
People and assets in 2025
€ 2,085
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▼ 9% vs 2024
€ 4.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 135,749
▲ 180% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,898
▲ 106% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 957,148 | € 1,155,476 | € 1,499,846 | - | |
| Gross margin | - | - | - | € 887,714 | |
| Profit after taxes | € 85,866 | € 45,472 | € 373,187 | € 277,546 | ▼ 26% |
| Equity | € 2,784,901 | € 2,830,373 | € 3,003,561 | € 3,281,107 | ▲ 9% |
| Total debts | € 6,616,253 | € 5,956,087 | € 5,632,242 | € 4,653,639 | ▼ 17% |
| Cash | € 327,162 | € 125,406 | € 161,397 | € 44,216 | ▼ 73% |
| Land & buildings | € 7,988,775 | € 7,567,604 | € 7,360,808 | € 7,162,652 | ▼ 3% |
| Retained profit | € -3,179,897 | € -3,134,425 | € -2,961,237 | € -2,683,691 | ▲ € 277,546 |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 5,741,590 | € 5,290,355 | € 4,839,096 | € 4,383,389 | ▼ 9% |
| Balance sheet total | € 9,411,154 | € 8,796,460 | € 8,645,803 | € 7,934,746 | ▼ 8% |
Key figures of RICAN, 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 RICAN?
What happened at RICAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Valtech NV became a director. NBB
- The Coaching Loop BV became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,866 profit in 2022 to € 277,546 profit in 2025.
Paid € 271,000 in corporate taxes since 2022.
Best year ever: 2024, with € 373,187 profit.
Paid out € 200,000 in dividends to the owners in total.
Management
The stake of VALTECH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RICANBehind RICAN are Valtech NV and The Coaching Loop BV. The shares are held by VALTECH (100%).
Directors
According to the 2025 annual accounts
Director · represented by Vandeputte Peter
Also active at: Union, CRETES, Redeltrans, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., RENTEC +20 more
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommebeekstraat 41
8930 Menen
Welvaartstraat (HRT) 14 box 1
2200 Herentals
Active since 12 May 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BARDOEL same network
€ 354,109 gross margin · 2025
S.F.M.
€ 424,985 gross margin · 2025
VALTECH same network
€ 5.6 million revenue · 2025
VANDEPUTTE - VALCKE
€ 145,100 gross margin · 2025
SIEBMO same network
€ 963,196 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.158.847
- VAT number
- BE 0465.158.847
- Registered office
- Krommebeekstraat 41, 8930 Menen
- Names & denominations
- RICAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed
Handel in onroerend goed
Managementactiviteiten van holdings
Overige zakelijke dienstverlening, n.e.g.
Holdings