Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 57 to 42.1.
Financials
Financial year 2025
RYDOO from Mechelen, company number BE0835424277, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year RYDOO recorded revenue of € 20.4 million and equity of € 7.1 million. Compared with financial year 2024, the result moved from € -406,978 to € -1.4 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 7.1 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 255 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31.9 million.
People and assets in 2025
42.1
▼ 6.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
▼ 6% vs 2024
€ 121,400 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.
€ 142,017
▲ 113% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.5 million
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.
€ 938,260
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,486,389 | € 14,278,544 | € 17,484,876 | € 20,397,273 | ▲ 17% |
| Profit after taxes | € -4,867,857 | € -1,918,493 | € -406,978 | € -1,445,238 | ▼ € 1 million |
| Equity | € 10,905,897 | € 8,987,404 | € 8,580,426 | € 7,135,188 | ▼ 17% |
| Total debts | € 8,545,647 | € 12,831,173 | € 15,564,175 | € 18,560,919 | ▲ 19% |
| Cash | € 2,283,042 | € 734,111 | € 2,116,604 | € 2,692,314 | ▲ 27% |
| Retained profit | € -28,157,275 | € -30,075,767 | € -30,482,746 | € -31,927,984 | ▼ € 1.4 million |
| Balance sheet total | € 19,451,544 | € 21,818,578 | € 24,144,601 | € 25,696,108 | ▲ 6% |
| Employees (FTE) | 59.3 | 57 | 48.8 | 42.1 | ▼ 6.7 |
Key figures of RYDOO, 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 RYDOO?
What happened at RYDOO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AIDANA ZHAKUPBEKOVA stepped down as director. NBB
- SEBASTIEN MARCHON stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
- AIDANA ZHAKUPBEKOVA became a director. NBB
- SEBASTIEN MARCHON became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Mechelen. KBO
In short
From € 4.9 million loss in 2022 to € 1.4 million loss in 2025.
Paid € 174,536 in corporate taxes since 2022.
Pays suppliers within 102 days on average.
Management
The shares are held by Rydoo Mobility and Expense LTD BO (100%). It owns 100% of Rydoo T&E Unipessoal, 100% of Rydoo Spend Management, 100% of Rydoo INC, 100% of Rydoo GmbH, 100% of Rydoo Brasil Software servicos de gestao de despezas LTDA and 100% of Rydoo Ltd itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2029
SEBASTIEN MARCHON
Director
since 2021 · until 2027
Shareholders
Rydoo Mobility and Expense LTD BO
100%
Participations
Rydoo T&E Unipessoal
100%
Rydoo Spend Management
100%
Rydoo INC
100%
Rydoo GmbH
100%
Rydoo Brasil Software servicos de gestao de despezas LTDA
100%
Rydoo Ltd
100%
Establishments
Establishment units
Physical locations of this company
Hendrik Consciencestraat 40-42
2800 Mechelen
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
- 0835.424.277
- VAT number
- BE 0835.424.277
- Registered office
- Hendrik Consciencestraat 40-42, 2800 Mechelen
- Names & denominations
- RYDOO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2011
- Peppol
- Active · Active since 19 Dec 2025
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