Financials
Financial year 2024
EL RICO from Dendermonde, company number BE0819467381, closed financial year 2024 with a result of € 94,523 after tax. For that financial year EL RICO recorded a gross margin of € 379,553 and equity of € 491,384. Compared with financial year 2023, the result moved from € 71,736 to € 94,523. 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 May 12, 2025.
€ 491,384
▲ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,523
▲ 32% vs 2023
Profit after tax over the fiscal year.
€ 27,187
▼ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 335,184.
People and assets in 2024
3
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 188,764
▲ 55% vs 2023
€ 62,900 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.
€ 67,703
▲ € 52,843 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 469,677
▼ 32% vs 2023
€ 29,622 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 212,776
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 44,424
▼ 10% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 285,581 | € 262,893 | € 275,251 | € 379,553 | ▲ 38% |
| Profit after taxes | € 48,530 | € 30,676 | € 71,736 | € 94,523 | ▲ 32% |
| Equity | € 314,449 | € 325,126 | € 396,861 | € 491,384 | ▲ 24% |
| Total debts | € 1,113,549 | € 1,130,557 | € 947,775 | € 790,411 | ▼ 17% |
| Cash | € 24,031 | € 68,769 | € 92,119 | € 27,187 | ▼ 70% |
| Land & buildings | € 366,019 | € 418,305 | € 511,908 | € 0 | ▼ 100% |
| Retained profit | € 158,249 | € 168,926 | € 240,661 | € 335,184 | ▲ 39% |
| Dividend | € 0 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 636,229 | € 807,058 | € 693,667 | € 469,677 | ▼ 32% |
| Balance sheet total | € 1,427,998 | € 1,455,682 | € 1,344,637 | € 1,281,795 | ▼ 5% |
| Employees (FTE) | 2.9 | 2.8 | 2.9 | 3 | ▲ 0.1 |
Key figures of EL RICO, fiscal years 2022 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 EL RICO?
What happened at EL RICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 94,523 (▲ 32% vs 2023). Source: NBB ↗
- EL CAMINO BV became a director. NBB
- GRUPPO COMPATTO BV became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,530 profit in 2022 to € 94,523 profit in 2024.
Paid € 80,573 in corporate taxes since 2022.
Best year ever: 2024, with € 94,523 profit.
On average € 126,500 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Gruppo Compatto comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EL RICOBehind EL RICO are GRUPPO COMPATTO BV and EL CAMINO BV. The shares are held by Gruppo Compatto (100%).
Directors
According to the 2024 annual accounts
since 2017
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bevrijdingslaan (APP) 112-116
9200 Dendermonde
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 →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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0819.467.381
- VAT number
- BE 0819.467.381
- Registered office
- Bevrijdingslaan (APP) 112-116, 9200 Dendermonde
- Names & denominations
- EL RICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2009
- Peppol
- Active · Active since 26 Nov 2025
- Contact
- elrico.be
- Activities · NACE
Groothandel in verlichtingsapparatuur
Activiteiten van holdings
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Holdings
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