Financials
Financial year 2024
RYCHEM GROUP from Waterloo, company number BE0833384507, closed financial year 2024 with a result of € 42,928 after tax. For that financial year RYCHEM GROUP recorded a gross margin of € 159,270 and equity of € 840,410. Compared with financial year 2023, the result moved from € 44,555 to € 42,928. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 840,410
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,928
▼ 4% vs 2023
Profit after tax over the fiscal year.
€ 2,608
▼ 81% 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 € 821,810.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 53,205
▲ 6% vs 2023
€ 53,200 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.
€ 13,610
▼ 52% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 150,577
▼ 5% vs 2023
Loans from banks and other lenders, long and short.
€ 757,122
▼ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 67,255
▼ 55% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,418,372 | € -61,891 | € 168,206 | € 159,270 | ▼ 5% |
| Profit after taxes | € 538,906 | € -326,998 | € 44,555 | € 42,928 | ▼ 4% |
| Equity | € 1,079,925 | € 752,927 | € 797,482 | € 840,410 | ▲ 5% |
| Total debts | € 10,002,580 | € 10,610,028 | € 10,140,546 | € 3,212,357 | ▼ 68% |
| Cash | € 215,453 | € 45,456 | € 13,745 | € 2,608 | ▼ 81% |
| Retained profit | € 1,061,325 | € 734,327 | € 778,882 | € 821,810 | ▲ 6% |
| Dividend | € 200,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 249,760 | € 189,515 | € 157,794 | € 150,577 | ▼ 5% |
| Balance sheet total | € 11,082,505 | € 11,362,955 | € 10,938,028 | € 4,052,767 | ▼ 63% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of RYCHEM GROUP, fiscal years 2021 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 RYCHEM GROUP?
What happened at RYCHEM GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 42,928 (▼ 4% vs 2023). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 538,906 profit in 2021 to € 42,928 profit in 2024.
Paid € 194,235 in corporate taxes since 2021.
Best year ever: 2021, with € 538,906 profit.
On average € 159,300 of value added per employee in 2024.
A new publication or filing at RYCHEM GROUP? We notify you, reason included.
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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 RYCHEM GROUP is Youssouf CHADDAD. The shares are held by Youssouf Chaddad (100%).
Directors
According to the 2024 annual accounts
Youssouf CHADDAD
Director
Owns 100% directly
Shareholders
Youssouf Chaddad · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161 H box 15
1410 Waterloo
Drève Richelle 161H box 15
1410 Waterloo
Active since 2 February 2011
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
Google Workspace
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
rychemgroup.com
Registered
2011-01-11
Registrar
OVH, SAS
Expires
2032-01-11
Website info
Features
Security
Details
- Company number
- 0833.384.507
- VAT number
- BE 0833.384.507
- Registered office
- Drève Richelle 161 H bus 15, 1410 Waterloo
- Names & denominations
- RYCHEM GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2011
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in de niet-gespecialiseerde groothandel