What is the address of AREC?

The registered office of AREC is located at Zwaluwenlaan 12 box 22, 8300 Knokke-Heist.

Is AREC still active?

Yes. According to the CBE (30 October 2026) AREC is active, legal situation “Normale toestand”, started on 19 November 1999.

Is AREC registered on Peppol?

Yes, AREC is registered on the Peppol network with ID 0208:0467379850.

What is the enterprise number of AREC?

The enterprise number of AREC is BE0467379850.

When was AREC founded?

AREC was founded on 19 November 1999.

Who are the directors of AREC?

According to the 2025 annual accounts, the directors of AREC are: Ivo Hubert Bruynseels, Anne-Marie Leenknecht.

Is AREC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 November 1999; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did AREC make in 2025?

AREC recorded a loss after taxes of € 11,120 in financial year 2025.

What is the revenue of AREC?

As a small company, AREC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 10,551.

How many employees does AREC have?

According to the 2025 annual accounts, AREC has 0.1 full-time equivalents (FTE).

AREC (Public Limited) - Knokke-Heist - BE0467379850

Q: What does AREC do?

AREC is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 19 November 1999, 1 establishment.

Dossier AREC, printed on 30 October 2026 from databakkes.be/en/0467379850/arec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

AREC from Knokke-Heist, company number BE0467379850, closed financial year 2025 with a result of € -11,120 after tax. For that financial year AREC recorded a gross margin of € 10,551 and equity of € 212,548. Compared with financial year 2024, the result moved from € 8,485 to € -11,120. 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 31, 2026.

What it is worth Healthy

€ 212,548

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -11,120

▼ still € 8,485 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,406

▲ 226% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 150,574.

People and assets in 2025

Full-time equivalents

0.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 9,686

▼ 82% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,372

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 49,109

▲ 169% vs 2024

€ 5,631 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2,673

▲ 57% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 567

▼ 97% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 87,562 Gross margin 2022: € 87,562 First fiscal year in the series	€ 118,248 Gross margin 2023: € 118,248 ▲ 35% vs 2022 (€ 87,562) Favourable step	€ 79,816 Gross margin 2024: € 79,816 ▼ 33% vs 2023 (€ 118,248) Unfavourable step	€ 10,551 Gross margin 2025: € 10,551 ▼ 87% vs 2024 (€ 79,816) Unfavourable step	▼ 87%
Profit after taxes	€ 10,311 Profit after taxes 2022: € 10,311 First fiscal year in the series	€ -35,323 Profit after taxes 2023: € -35,323 ▼ € 45,634 vs 2022 (€ 10,311) Unfavourable step	€ 8,485 Profit after taxes 2024: € 8,485 ▲ € 43,808 vs 2023 (€ -35,323) Favourable step	€ -11,120 Profit after taxes 2025: € -11,120 ▼ € 19,605 vs 2024 (€ 8,485) Unfavourable step	▼ € 19,605
Equity	€ 250,506 Equity 2022: € 250,506 First fiscal year in the series	€ 215,183 Equity 2023: € 215,183 ▼ 14% vs 2022 (€ 250,506) Unfavourable step	€ 223,668 Equity 2024: € 223,668 ▲ 4% vs 2023 (€ 215,183) Favourable step	€ 212,548 Equity 2025: € 212,548 ▼ 5% vs 2024 (€ 223,668) Unfavourable step	▼ 5%
Total debts	€ 95,965 Total debts 2022: € 95,965 First fiscal year in the series	€ 74,494 Total debts 2023: € 74,494 ▼ 22% vs 2022 (€ 95,965) Favourable step	€ 79,901 Total debts 2024: € 79,901 ▲ 7% vs 2023 (€ 74,494) Unfavourable step	€ 70,194 Total debts 2025: € 70,194 ▼ 12% vs 2024 (€ 79,901) Favourable step	▼ 12%
Cash	€ 4,406 Cash 2022: € 4,406 First fiscal year in the series	€ 901 Cash 2023: € 901 ▼ 80% vs 2022 (€ 4,406) Unfavourable step	€ 3,193 Cash 2024: € 3,193 ▲ 254% vs 2023 (€ 901) Favourable step	€ 10,406 Cash 2025: € 10,406 ▲ 226% vs 2024 (€ 3,193) Favourable step	▲ 226%
Land & buildings	€ 152,065 Land & buildings 2022: € 152,065 First fiscal year in the series	€ 148,897 Land & buildings 2023: € 148,897 ▼ 2% vs 2022 (€ 152,065) Unchanged	€ 145,729 Land & buildings 2024: € 145,729 ▼ 2% vs 2023 (€ 148,897) Unchanged	€ 145,568 Land & buildings 2025: € 145,568 Unchanged (€ 145,729) Unchanged
Retained profit	€ 188,533 Retained profit 2022: € 188,533 First fiscal year in the series	€ 153,210 Retained profit 2023: € 153,210 ▼ 19% vs 2022 (€ 188,533) Unfavourable step	€ 161,694 Retained profit 2024: € 161,694 ▲ 6% vs 2023 (€ 153,210) Favourable step	€ 150,574 Retained profit 2025: € 150,574 ▼ 7% vs 2024 (€ 161,694) Unfavourable step	▼ 7%
Dividend	€ 8,571 Dividend 2022: € 8,571 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 8,571) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 39,479 Bank debt 2022: € 39,479 First fiscal year in the series	€ 17,911 Bank debt 2023: € 17,911 ▼ 55% vs 2022 (€ 39,479) Favourable step	€ 18,283 Bank debt 2024: € 18,283 ▲ 2% vs 2023 (€ 17,911) Unfavourable step	€ 49,109 Bank debt 2025: € 49,109 ▲ 169% vs 2024 (€ 18,283) Unfavourable step	▲ 169%
Balance sheet total	€ 346,471 Balance sheet total 2022: € 346,471 First fiscal year in the series	€ 289,677 Balance sheet total 2023: € 289,677 ▼ 16% vs 2022 (€ 346,471) Unchanged	€ 303,569 Balance sheet total 2024: € 303,569 ▲ 5% vs 2023 (€ 289,677) Unchanged	€ 282,742 Balance sheet total 2025: € 282,742 ▼ 7% vs 2024 (€ 303,569) Unchanged	▼ 7%
Employees (FTE)	0 Employees (FTE) 2022: 0 First fiscal year in the series	0 Employees (FTE) 2023: 0 Unchanged (0) Unchanged	0 Employees (FTE) 2024: 0 Unchanged (0) Unchanged	0.1 Employees (FTE) 2025: 0.1 Unchanged (0) Unchanged

Key figures of AREC, 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 AREC?

What happened at AREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 11,120 (▼ € 19,605 vs 2024). filed late Source: NBB ↗
Feb 21, 2000 New establishment in Knokke-Heist. KBO
Nov 19, 1999 Start of the company according to the CBE. KBO
1999 Ivo Hubert Bruynseels became a director. NBB
1999 Anne-Marie Leenknecht became a director. NBB

In short

From € 10,311 profit in 2022 to € 11,120 loss in 2025.

Paid € 25,026 in corporate taxes since 2022.

Best year ever: 2022, with € 10,311 profit.

Paid out € 8,571 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Ivo Hubert Bruynseels

Anne-Marie Leenknecht

AREC

Ibelec 50%

Behind AREC are Ivo Hubert Bruynseels and Anne-Marie Leenknecht. It owns 50% of Ibelec itself.

Directors

According to the 2025 annual accounts

Ivo Hubert Bruynseels

Managing director

since 1999

Anne-Marie Leenknecht

Director

since 1999

Establishments

Establishment units

Physical locations of this company

Registered office

Zwaluwenlaan 12 box 22

8300 Knokke-Heist

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Tablàvins

€ 214,538 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0467.379.850

VAT number

BE 0467.379.850

Registered office

Zwaluwenlaan 12 bus 22, 8300 Knokke-Heist

Names & denominations

AREC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 November 1999

Peppol

Active · Active since 26 Jan 2026

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige technische testen en toetsen

Technische testen en analyses

View on CBE Public ↗ Annual accounts (NBB) ↗

AREC

Warning lights

Financials

What happened to AREC?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions