Financials
Financial year 2025
RECUPAN from Waregem, company number BE0828029216, closed financial year 2025 with a result of € 116,558 after tax. For that financial year RECUPAN recorded a gross margin of € 219,991 and equity of € 670,924. Compared with financial year 2024, the result moved from € 73,351 to € 116,558. 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 February 24, 2026.
€ 670,924
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,558
▲ 59% vs 2024
Profit after tax over the fiscal year.
€ 138,271
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,187 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 51,472
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,100
▼ 53% vs 2024
Loans from banks and other lenders, long and short.
€ 17,307
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,627
▲ 182% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 149,192 | € 199,735 | € 157,851 | € 219,991 | ▲ 39% |
| Profit after taxes | € 97,414 | € 121,745 | € 73,351 | € 116,558 | ▲ 59% |
| Equity | € 421,574 | € 543,319 | € 574,553 | € 670,924 | ▲ 17% |
| Total debts | € 88,487 | € 136,459 | € 108,337 | € 70,123 | ▼ 35% |
| Cash | € 174,870 | € 188,698 | € 92,987 | € 138,271 | ▲ 49% |
| Land & buildings | € 229,705 | € 263,330 | € 343,923 | € 349,888 | ▲ 2% |
| Retained profit | € 402,974 | € 524,719 | € 555,953 | € 652,324 | ▲ 17% |
| Dividend | € 0 | € 0 | € 42,117 | € 20,187 | ▼ 52% |
| Bank debt | € 0 | € 82,317 | € 53,323 | € 25,100 | ▼ 53% |
| Balance sheet total | € 510,061 | € 679,778 | € 682,890 | € 741,047 | ▲ 9% |
Key figures of RECUPAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to RECUPAN?
What happened at RECUPAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,558 (▲ 59% vs 2024). filed late Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Ilse Van Den Bogaerde became a director. NBB
In short
From € 97,414 profit in 2022 to € 116,558 profit in 2025.
Paid € 166,582 in corporate taxes since 2022.
Best year ever: 2023, with € 121,745 profit.
Paid out € 62,304 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
Behind RECUPAN is Ilse Van Den Bogaerde. Ilse Van Den Bogaerde is also behind DEVABO and PELICA.
Establishments
Establishment units
Physical locations of this company
Pannewegel 50
8790 Waregem
Eekhoutstraat (P.) 33
9790 Wortegem-Petegem
Active since 1 November 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0828.029.216
- VAT number
- BE 0828.029.216
- Registered office
- Pannewegel 50, 8790 Waregem
- Names & denominations
- RECUPAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2010
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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