recurv (0697.688.039): financials and annual accounts

recurv

Antwerp ·KBO/BCE: BE 0697.688.039

Line	2025	2024	2023	2022	2021	2020	2019
Balance sheet: assets
`20/58`	3.3m	2.7m	1.7m	1.6m	1.1m	984,363	918,295
`21/28`	185,045	216,906	260,918	230,760	24,436	38,777	7,166
`21`	1,720	5,820	6,492	1,025	3,165	5,304	-
`22/27`	183,094	210,855	253,691	227,457	14,213	27,137	2,115
`22`	90,686	105,312	117,642	128,611	-	-	-
`23`	5,242	-	-	-	-	-	-
`24`	86,937	105,218	135,628	98,846	14,213	27,137	2,115
`26`	229	325	421	-	-	-	-
`28`	231	231	735	2,278	7,059	6,335	5,051
`29/58`	3.1m	2.5m	1.5m	1.3m	1.1m	945,586	911,129
`40/41`	2.1m	1.6m	1.3m	1.1m	877,409	790,354	746,139
`40`	1.9m	1.6m	1.2m	1.0m	846,037	766,753	746,139
`41`	186,342	36,088	31,207	41,487	31,372	23,601	-
`50/53`	2,051	-	-	-	-	18,559	-
`54/58`	1.0m	815,357	123,641	236,500	186,624	118,589	158,479
`490/1`	65,920	49,197	58,653	33,320	26,702	18,084	6,512
Balance sheet: equity and liabilities
`10/49`	3.3m	2.7m	1.7m	1.6m	1.1m	984,363	918,295
`10/15`	518,492	433,597	387,375	308,400	191,783	130,116	97,094
`10/11`	10,000	10,000	10,000	10,000	10,000	10,000	10,000
`100`	-	-	-	-	18,600	18,600	18,600
`101`	-	-	-	-	8,600	8,600	8,600
`13`	508,492	423,597	377,375	298,400	181,783	120,116	87,094
`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-
`130`	-	-	-	-	1,860	1,860	1,860
`1311`	1,860	1,860	1,860	1,860	-	-	-
`133`	506,632	421,737	375,515	296,540	179,923	118,256	85,234
`17/49`	2.8m	2.3m	1.3m	1.2m	923,389	854,247	821,202
`17`	-	13,157	29,763	-	2,519	7,496	-
`170/4`	-	13,157	29,763	-	2,519	7,496	-
`42/48`	2.8m	2.3m	1.3m	1.2m	920,815	845,748	821,202
`42`	13,157	261,605	176,157	12,552	4,977	4,897	-
`43`	-	-	-	-	-	-	100,000
`430/8`	-	-	-	-	-	-	100,000
`44`	2.1m	1.8m	975,791	928,873	626,485	619,852	541,573
`440/4`	2.1m	1.8m	975,791	928,873	626,485	619,852	541,573
`45`	376,183	177,379	147,520	102,148	89,352	60,999	74,103
`450/3`	269,595	71,125	36,691	29,318	35,091	23,704	63,746
`454/9`	106,588	106,254	110,829	72,830	54,262	37,295	10,357
`47/48`	340,659	1,159	1,238	201,307	200,000	160,000	105,526
`492/3`	-	-	141	31	56	1,003	-
Income statement
`76A`	9,738	29,051	26,967	73	-	-	-
`9900`	1.5m	1.3m	1.2m	1.1m	845,080	568,272	347,714
`62`	776,697	1.0m	876,003	669,560	493,357	340,027	125,007
`630`	48,641	48,796	38,743	28,691	8,134	2,933	1,155
`640/8`	4,396	4,383	5,341	2,398	3,240	1,861	1,011
`66A`	-	-	-	-	9,264	-	-
`9901`	688,360	258,957	248,735	413,230	331,085	223,451	220,540
`75/76B`	1,005	5,448	76	1,459	392	832	172
`75`	231	5,448	76	965	392	832	172
`76B`	774	-	-	494	-	-	-
`65/66B`	95,221	185,628	124,339	57,746	42,008	7,556	4,763
`65`	95,221	185,628	124,339	56,115	42,008	7,556	4,763
`66B`	-	-	-	1,631	-	-	-
`9903`	594,145	78,776	124,472	356,944	289,469	216,726	215,949
`67/77`	169,750	32,554	45,497	40,326	27,802	23,704	28,855
`9904`	424,395	46,222	78,975	316,617	261,667	193,022	187,094
`9905`	424,395	46,222	78,975	316,617	261,667	193,022	187,094
Appropriation of the result
`9906`	424,395	46,222	78,975	316,617	261,667	193,022	187,094
`691/2`	84,895	46,222	78,975	116,617	61,667	33,022	87,094
`6920`	-	-	-	-	-	-	1,860
`6921`	84,895	46,222	78,975	116,617	61,667	33,022	85,234
`694/7`	339,500	-	-	200,000	200,000	160,000	100,000
`694`	339,500	-	-	-	-	-	-
`695`	-	-	-	200,000	200,000	160,000	100,000
Social balance sheet
`9087`	10.5	11.3	12	9.9	7.9	6.7	2.8
Hours worked`1013`	16,572	19,248	20,200	13,532	13,670	11,408	4,680
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-09-2025	abbreviated format	18-03-2026	2026-00056464	PDF
30-09-2024	abbreviated format	29-12-2024	2025-00628703	PDF
30-09-2023	abbreviated format	11-12-2023	2023-00525434	PDF
30-09-2022	abbreviated format	29-12-2022	2022-20548769	PDF
30-09-2021	abbreviated format	27-12-2021	2021-81900074	PDF
30-09-2020	abbreviated format	01-03-2021	2021-06600597	PDF
30-09-2019	abbreviated format	05-12-2019	2019-75500200	PDF

Year	Entries	Awarded	Paid
2025	1	€621	€621
2024	1	€0	€1,154
2023	1	€2,518	€1,365

2025	2024	2023	2022	2021	2020	2019
737,001	307,752	287,478	441,922	339,219	226,384	221,696
473,036	95,018	117,717	345,309	269,801	195,956	188,249
22,377	33,487	79,641	254,226	8,429	34,544	8,321
193,321	691,716	-112,859	49,876	68,035	-39,890	-
333,447	229,848	156,361	77,671	169,921	99,838	89,928
15.6%	16.0%	22.5%	19.9%	17.2%	13.2%	10.6%
1.12	1.10	1.12	1.06	1.18	1.12	1.11
5.40	5.24	3.43	4.04	4.81	6.57	8.46
81.9%	10.7%	20.4%	102.7%	136.4%	148.3%	192.7%
12.8%	1.7%	4.6%	20.4%	23.5%	19.6%	20.4%
7.74	1.66	2.31	7.88	-	-	-

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022
Employees at the balance-sheet date	13	13	14	10
full-time	13	9	14	10
part-time	-	4	-	-
in full-time equivalents	13	11	14	10
	10.5	11.3	12	9.9
On a permanent contract	13	13	14	10
Joined	-	7	10	30
Left	-	12	6	28

recurv

Annual accounts 2025

Balance sheet

in euro

in €m

Position in the sector

15.6%

1.12

12.8%

Staff

€73,971

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €3,139 awarded, €3,140 paid

Key figures and ratios

Social balance sheet

Investments

Insights on recurv

Next steps

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022
Tangible fixed assets	€22,377	€30,187	€70,385	€253,722
Intangible fixed assets	-	€3,300	€9,000	-
Financial fixed assets	-	-	€257	€504
	€48,641	€48,796	€38,743	€28,691

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin €m

Position in the sector

Solvency15.6%

Current ratio1.12

Return on assets12.8%

Staff

Staff cost per FTE€73,971

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €3,139 awarded, €3,140 paid

Key figures and ratios

Social balance sheet

Investments

Insights on recurv

Next steps

in euro

in €m

15.6%

1.12

12.8%

€73,971