What does REFRECO do?

REFRECO is a repair and maintenance company in Villers-le-Bouillet. Private Limited, started on 24 June 2010, 1 establishment.

What is the address of REFRECO?

The registered office of REFRECO is located at Rue de la Science 25, 4530 Villers-le-Bouillet.

Is REFRECO still active?

Yes. According to the CBE (29 October 2026) REFRECO is active, legal situation “Normale toestand”, started on 24 June 2010.

Is REFRECO registered on Peppol?

Yes, REFRECO is registered on the Peppol network with ID 0208:0826907875.

What is the enterprise number of REFRECO?

The enterprise number of REFRECO is BE0826907875.

When was REFRECO founded?

REFRECO was founded on 24 June 2010.

Who are the directors of REFRECO?

According to the 2025 annual accounts, the directors of REFRECO are: Frédéric DARDENNE, Sébastien UGONA, Gautier GERMAINE, Consulfin SRL, Optim'Ice SRL.

Is REFRECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 June 2010; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did REFRECO make in 2025?

REFRECO recorded a loss after taxes of € 17,602 in financial year 2025.

What is the revenue of REFRECO?

As a small company, REFRECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,217,901.

How much does an employee at REFRECO earn?

The average wage cost per full-time employee at REFRECO was € 67,200 in 2025: staff costs of € 2 million for 29.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does REFRECO have?

According to the 2025 annual accounts, REFRECO has 29.9 full-time equivalents (FTE).

REFRECO (Private Limited) - Villers-le-Bouillet

Dossier REFRECO, printed on 29 October 2026 from databakkes.be/en/0826907875/refreco. 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 41 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

REFRECO from Villers-le-Bouillet, company number BE0826907875, closed financial year 2025 with a result of € -17,602 after tax. For that financial year REFRECO recorded a gross margin of € 2.2 million and equity of € 630,270. Compared with financial year 2024, the result moved from € 161,830 to € -17,602. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Healthy

€ 630,270

▼ 3% vs 2024

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

Loss Caution

€ -17,602

▼ still € 161,830 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 264,027

▼ 38% 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 € 579,684.

People and assets in 2025

Full-time equivalents

29.9

▲ 3.4 vs 2024

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

Wage cost

€ 2 million

▲ 18% vs 2024

€ 67,200 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.

Vehicles and equipment

€ 272,951

▲ 2% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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.

€ 1.3 million

▲ 18% vs 2024

€ 188,391 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 502,169

▼ 15% vs 2024

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

Taxes and wages

€ 326,621

▲ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,971,841 Gross margin 2022: € 1,971,841 First fiscal year in the series	€ 1,766,522 Gross margin 2023: € 1,766,522 ▼ 10% vs 2022 (€ 1,971,841) Unfavourable step	€ 2,139,366 Gross margin 2024: € 2,139,366 ▲ 21% vs 2023 (€ 1,766,522) Favourable step	€ 2,217,901 Gross margin 2025: € 2,217,901 ▲ 4% vs 2024 (€ 2,139,366) Favourable step	▲ 4%
Profit after taxes	€ 272,240 Profit after taxes 2022: € 272,240 First fiscal year in the series	€ -82,903 Profit after taxes 2023: € -82,903 ▼ € 355,143 vs 2022 (€ 272,240) Unfavourable step	€ 161,830 Profit after taxes 2024: € 161,830 ▲ € 244,734 vs 2023 (€ -82,903) Favourable step	€ -17,602 Profit after taxes 2025: € -17,602 ▼ € 179,432 vs 2024 (€ 161,830) Unfavourable step	▼ € 179,432
Equity	€ 568,946 Equity 2022: € 568,946 First fiscal year in the series	€ 486,042 Equity 2023: € 486,042 ▼ 15% vs 2022 (€ 568,946) Unfavourable step	€ 647,873 Equity 2024: € 647,873 ▲ 33% vs 2023 (€ 486,042) Favourable step	€ 630,270 Equity 2025: € 630,270 ▼ 3% vs 2024 (€ 647,873) Unfavourable step	▼ 3%
Total debts	€ 4,256,445 Total debts 2022: € 4,256,445 First fiscal year in the series	€ 4,199,253 Total debts 2023: € 4,199,253 ▼ 1% vs 2022 (€ 4,256,445) Favourable step	€ 5,236,319 Total debts 2024: € 5,236,319 ▲ 25% vs 2023 (€ 4,199,253) Unfavourable step	€ 3,985,235 Total debts 2025: € 3,985,235 ▼ 24% vs 2024 (€ 5,236,319) Favourable step	▼ 24%
Cash	€ 250,454 Cash 2022: € 250,454 First fiscal year in the series	€ 530,370 Cash 2023: € 530,370 ▲ 112% vs 2022 (€ 250,454) Favourable step	€ 424,162 Cash 2024: € 424,162 ▼ 20% vs 2023 (€ 530,370) Unfavourable step	€ 264,027 Cash 2025: € 264,027 ▼ 38% vs 2024 (€ 424,162) Unfavourable step	▼ 38%
Land & buildings	€ 260,162 Land & buildings 2022: € 260,162 First fiscal year in the series	€ 244,854 Land & buildings 2023: € 244,854 ▼ 6% vs 2022 (€ 260,162) Unchanged	€ 330,063 Land & buildings 2024: € 330,063 ▲ 35% vs 2023 (€ 244,854) Unchanged	€ 302,190 Land & buildings 2025: € 302,190 ▼ 8% vs 2024 (€ 330,063) Unchanged	▼ 8%
Retained profit	€ 506,354 Retained profit 2022: € 506,354 First fiscal year in the series	€ 427,452 Retained profit 2023: € 427,452 ▼ 16% vs 2022 (€ 506,354) Unfavourable step	€ 593,285 Retained profit 2024: € 593,285 ▲ 39% vs 2023 (€ 427,452) Favourable step	€ 579,684 Retained profit 2025: € 579,684 ▼ 2% vs 2024 (€ 593,285) Unfavourable step	▼ 2%
Dividend	€ 350,000 Dividend 2022: € 350,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 350,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 864,187 Bank debt 2022: € 864,187 First fiscal year in the series	€ 941,010 Bank debt 2023: € 941,010 ▲ 9% vs 2022 (€ 864,187) Unfavourable step	€ 1,146,172 Bank debt 2024: € 1,146,172 ▲ 22% vs 2023 (€ 941,010) Unfavourable step	€ 1,349,090 Bank debt 2025: € 1,349,090 ▲ 18% vs 2024 (€ 1,146,172) Unfavourable step	▲ 18%
Balance sheet total	€ 4,825,391 Balance sheet total 2022: € 4,825,391 First fiscal year in the series	€ 4,685,295 Balance sheet total 2023: € 4,685,295 ▼ 3% vs 2022 (€ 4,825,391) Unchanged	€ 5,884,192 Balance sheet total 2024: € 5,884,192 ▲ 26% vs 2023 (€ 4,685,295) Unchanged	€ 4,615,506 Balance sheet total 2025: € 4,615,506 ▼ 22% vs 2024 (€ 5,884,192) Unchanged	▼ 22%
Employees (FTE)	24.6 Employees (FTE) 2022: 24.6 First fiscal year in the series	27 Employees (FTE) 2023: 27 ▲ 2.4 vs 2022 (24.6) Unchanged	26.5 Employees (FTE) 2024: 26.5 ▼ 0.5 vs 2023 (27) Unchanged	29.9 Employees (FTE) 2025: 29.9 ▲ 3.4 vs 2024 (26.5) Unchanged	▲ 3.4

Key figures of REFRECO, 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 REFRECO?

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

2031 Sébastien UGONA stepped down as director. NBB
2031 Gautier GERMAINE stepped down as director. NBB
2031 Consulfin SRL stepped down as director. NBB
2031 Optim'Ice SRL stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: loss of € 17,602 (▼ € 179,432 vs 2024). Source: NBB ↗
2025 Frédéric DARDENNE stepped down as director. NBB
2025 Sébastien UGONA became a director. NBB
2025 Gautier GERMAINE became a director. NBB

In short

From € 272,240 profit in 2022 to € 17,602 loss in 2025.

Paid € 157,698 in corporate taxes since 2022.

Best year ever: 2022, with € 272,240 profit.

On average € 74,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Frédéric DARDENNE

Director

Also active at: COGEN SERVICE, COGENFIN, SOLFIN, ENERGYS MAINTENANCE, ENERGYS, COGENGREEN

since 2021 · until 2025

Sébastien UGONA

Director

Also active at: Coretec Energy Management, CORETEC ENERGY, CORETEC Services, COGEN SERVICE, COGENFIN, CORETEC MONITORING, SOLFIN, CORETEC PROJECTS +5 more

since 2025 · until 2031

Gautier GERMAINE

Director

Also active at: CORETEC ENERGY, COGEN SERVICE

since 2025 · until 2031

Consulfin SRL

Director · represented by QUETIN Denis

Also active at: CORETEC ENERGY, CORETEC Services, COGEN SERVICE, COGENFIN, CORETEC MONITORING, CORETEC PROJECTS, ENERGYS MAINTENANCE, CODEL +2 more

since 2025 · until 2031

Optim'Ice SRL

Managing director · represented by ILARI Marc

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Science 25

4530 Villers-le-Bouillet

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

Details

Company number

0826.907.875

VAT number

BE 0826.907.875

Registered office

Rue de la Science 25, 4530 Villers-le-Bouillet

Names & denominations

REFRECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 June 2010

Peppol

Active · Active since 5 Jan 2026

Activities · NACE

Installatie van industriële machines, toestellen en werktuigen

Reparatie en onderhoud van machines

View on CBE Public ↗ Annual accounts (NBB) ↗

REFRECO

Warning lights

Financials

What happened to REFRECO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions