Active · per the CBE, 16 September 2026

RECO +

BE0866062025

Rechtspersoon Public limited company 1 establishment

RECO + is a construction company in Herve. Public Limited, started on 30 June 2004, 1 establishment.

Rue de Chesseroux 5, 4651 Herve

Active for

22 year, 2 months

Financials

Financial year 2025

RECO + from Herve, company number BE0866062025, closed financial year 2025 with a result of € 289,737 after tax. For that financial year RECO + recorded revenue of € 18.6 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 173,368 to € 289,737. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Growing

€ 1.5 million

▲ 25% vs 2024

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

Profit Growing

€ 289,737

▲ 67% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.6 million

▲ 81% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.4 million.

People and assets in 2025

Full-time equivalents

16.7

▲ 2.6 vs 2024

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

Wage cost

€ 1.1 million

▲ 30% vs 2024

€ 63,400 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.

Vehicles and equipment

€ 637,465

▲ 54% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 3.8 million

▲ 79% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.

Taxes and wages

€ 87,516

▼ 75% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 11,136,381 € 10,977,123 € 12,605,562 € 18,584,538 ▲ 47%
Gross margin € 1,246,550 € 1,382,084 € 1,596,333 -
Profit after taxes € 437,933 € 345,517 € 173,368 € 289,737 ▲ 67%
Equity € 4,334,258 € 4,679,775 € 1,173,143 € 1,462,880 ▲ 25%
Total debts € 1,762,786 € 1,852,448 € 7,434,868 € 4,815,729 ▼ 35%
Cash € 828,983 € 1,316,538 € 1,407,974 € 2,552,514 ▲ 81%
Retained profit € 4,274,519 € 4,620,036 € 1,113,404 € 1,401,282 ▲ 26%
Dividend € 300,000 € 0 € 3,680,000 € 0 ▼ 100%
Balance sheet total € 6,097,043 € 6,532,223 € 8,608,010 € 6,278,609 ▼ 27%
Employees (FTE) 13.1 14.1 14.1 16.7 ▲ 2.6

Key figures of RECO +, 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 RECO +?

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

  • New annual accounts for financial year 2025: profit of € 289,737 (▲ 67% vs 2024). Source: NBB ↗
  • New establishment in Herve. KBO
  • Start of the company according to the CBE. KBO

In short

From € 437,933 profit in 2022 to € 289,737 profit in 2025.

Paid € 537,067 in corporate taxes since 2022.

Best year ever: 2022, with € 437,933 profit.

On average € 113,200 of value added per employee in 2024.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Chesseroux 5

4651 Herve

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 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
0866.062.025
VAT number
BE 0866.062.025
Registered office
Rue de Chesseroux 5, 4651 Herve
Names & denominations
RECO +
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
30 June 2004
Peppol
Active · Active since 5 Jan 2026
Activities · NACE

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Frequently asked questions

What does RECO + do?
RECO + is a construction company in Herve. Public Limited, started on 30 June 2004, 1 establishment.
What is the address of RECO +?
The registered office of RECO + is located at Rue de Chesseroux 5, 4651 Herve.
Is RECO + still active?
Yes. According to the CBE (16 September 2026) RECO + is active, legal situation “Normale toestand”, started on 30 June 2004.
Is RECO + registered on Peppol?
Yes, RECO + is registered on the Peppol network with ID 0208:0866062025.
What is the enterprise number of RECO +?
The enterprise number of RECO + is BE0866062025.
When was RECO + founded?
RECO + was founded on 30 June 2004.