Financials
Financial year 2024
RYCKEWAERT from Koekelare, company number BE0889043996, closed financial year 2024 with a result of € 167,355 after tax. For that financial year RYCKEWAERT recorded a gross margin of € 936,309 and equity of € 1.7 million. Compared with financial year 2023, the result moved from € 533,989 to € 167,355. The company is profitable. 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 October 29, 2025.
€ 1.7 million
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 167,355
▼ 69% vs 2023
Profit after tax over the fiscal year.
€ 96,822
▼ 1% 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 € 1.6 million.
People and assets in 2024
2.1
▼ 1.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 123,150
▼ 45% vs 2023
€ 58,600 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.
€ 1.7 million
▲ 45% vs 2023
Of which on lease € 125,244.
Debts at end 2024
€ 564,855
▼ 17% vs 2023
€ 240,272 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.9 million
▲ 264% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 195,139
▼ 9% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 785,980 | € 752,191 | € 1,448,299 | € 936,309 | ▼ 35% |
| Profit after taxes | € 198,602 | € 169,987 | € 533,989 | € 167,355 | ▼ 69% |
| Equity | € 1,176,507 | € 1,053,347 | € 1,547,337 | € 1,715,443 | ▲ 11% |
| Total debts | € 1,453,770 | € 1,775,287 | € 1,852,089 | € 2,926,490 | ▲ 58% |
| Cash | - | € 75,459 | € 97,457 | € 96,822 | ▼ 1% |
| Land & buildings | € 84,732 | € 86,046 | € 68,968 | € 198,879 | ▲ 188% |
| Retained profit | € 1,065,031 | € 941,872 | € 1,435,862 | € 1,603,968 | ▲ 12% |
| Dividend | € 0 | € 293,147 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 611,826 | € 773,591 | € 680,428 | € 564,855 | ▼ 17% |
| Balance sheet total | € 2,639,863 | € 2,842,511 | € 3,413,055 | € 4,650,359 | ▲ 36% |
| Employees (FTE) | 3.7 | 3.2 | 3.3 | 2.1 | ▼ 1.2 |
Key figures of RYCKEWAERT, 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 RYCKEWAERT?
What happened at RYCKEWAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 167,355 (▼ 69% vs 2023). filed late Source: NBB ↗
- PATRICK RYCKEWAERT became a director. NBB
- New establishment in Koekelare. KBO
- Start of the company according to the CBE. KBO
In short
From € 198,602 profit in 2021 to € 167,355 profit in 2024.
Paid € 380,015 in corporate taxes since 2021.
Best year ever: 2023, with € 533,989 profit.
On average € 445,900 of value added per employee in 2024.
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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 RYCKEWAERT is PATRICK RYCKEWAERT.
Directors
According to the 2024 annual accounts
PATRICK RYCKEWAERT
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Korkentapstraat 27
8680 Koekelare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.043.996
- VAT number
- BE 0889.043.996
- Registered office
- Korkentapstraat 27, 8680 Koekelare
- Names & denominations
- RYCKEWAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2007
- Peppol
- Active · Active since 4 Feb 2025
- Activities · NACE
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