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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
RICO-BOUWTRUST from Sint-Gillis-Waas, company number BE0674388045, closed financial year 2025 with a result of € -10,699 after tax. For that financial year RICO-BOUWTRUST recorded a gross margin of € -6,439 and equity of € -28,146. Compared with financial year 2024, the result moved from € -46,645 to € -10,699. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ -28,146
▼ € 10,699 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,699
▲ 77 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,462
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,146.
People and assets in 2025
€ 3,383
▼ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 971,447
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 1,567
▲ 274% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 750
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,196 | € 113,602 | € 6,622 | € -6,439 | ▼ € 13,060 |
| Profit after taxes | € 3,540 | € 9,183 | € -46,645 | € -10,699 | ▲ € 35,945 |
| Equity | € 20,015 | € 29,198 | € -17,446 | € -28,146 | ▼ € 10,699 |
| Total debts | € 2,414,735 | € 1,661,868 | € 992,351 | € 983,399 | ▼ 1% |
| Cash | € 69 | € 2,896 | € 12,119 | € 7,462 | ▼ 38% |
| Retained profit | € 15 | € 9,198 | € -37,446 | € -48,146 | ▼ € 10,699 |
| Bank debt | € 2,412,815 | € 1,657,214 | € 982,297 | € 971,447 | ▼ 1% |
| Balance sheet total | € 2,434,751 | € 1,691,066 | € 974,904 | € 955,253 | ▼ 2% |
Key figures of RICO-BOUWTRUST, 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 RICO-BOUWTRUST?
What happened at RICO-BOUWTRUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,699. Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,540 profit in 2022 to € 10,699 loss in 2025.
Best year ever: 2023, with € 9,183 profit.
Management
Behind RICO-BOUWTRUST is Erik Durinck.
Directors
According to the 2025 annual accounts
Erik Durinck
Director
Establishments
Establishment units
Physical locations of this company
Turkeyenstraat(VR) 7
9170 Sint-Gillis-Waas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.388.045
- VAT number
- BE 0674.388.045
- Registered office
- Turkeyenstraat(VR) 7, 9170 Sint-Gillis-Waas
- Names & denominations
- RICO-BOUWTRUST · BESLOTEN VENNOOTSCHAP MET BEPERKTE AANSPRAKELIJKHEID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2017
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
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