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 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RECOVER from Merchtem, company number BE0821018787, closed financial year 2025 with a result of € 33,532 after tax. For that financial year RECOVER recorded a gross margin of € 165,485 and equity of € 162,617. Compared with financial year 2024, the result moved from € 67,342 to € 33,532. The company is profitable. 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 October 30, 2025.
€ 162,617
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,532
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 33,995
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 41,437 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 79,295
▲ 165% 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.
€ 164,186
▲ € 151,483 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 148,204
▲ 261% vs 2024
€ 139,876 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 59,485
▲ 110% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,760
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 151,598 | € 81,845 | € 145,497 | € 165,485 | ▲ 14% |
| Profit after taxes | € 34,993 | € 16,607 | € 67,342 | € 33,532 | ▼ 50% |
| Equity | € 86,574 | € 103,181 | € 170,522 | € 162,617 | ▼ 5% |
| Total debts | € 101,873 | € 100,544 | € 85,044 | € 242,502 | ▲ 185% |
| Cash | € 49,939 | € 34,970 | € 66,758 | € 33,995 | ▼ 49% |
| Land & buildings | € 55,347 | € 44,135 | € 33,101 | € 22,068 | ▼ 33% |
| Retained profit | € 80,374 | € 96,981 | € 164,322 | € 156,417 | ▼ 5% |
| Dividend | € 33,911 | € 0 | € 0 | € 41,437 | |
| Bank debt | € 73,047 | € 63,040 | € 41,107 | € 148,204 | ▲ 261% |
| Balance sheet total | € 188,448 | € 203,725 | € 255,566 | € 405,119 | ▲ 59% |
Key figures of RECOVER, 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 October 2026.
What happened to RECOVER?
What happened at RECOVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,532 (▼ 50% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merchtem. KBO
In short
From € 34,993 profit in 2022 to € 33,532 profit in 2025.
Paid € 59,612 in corporate taxes since 2022.
Best year ever: 2024, with € 67,342 profit.
Paid out € 75,349 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Jente Vermeir
Director
Establishments
Establishment units
Physical locations of this company
Molenbaan 59
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.018.787
- VAT number
- BE 0821.018.787
- Registered office
- Molenbaan 59, 1785 Merchtem
- Names & denominations
- RECOVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2009
- Peppol
- Active · Active since 30 Nov 2025
- Activities · NACE
Dakwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen