Recticel SA/NV

ENXTBR:RECT Stock Report

Market Cap: €488.1m

Recticel Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Jan Vergote

Chief executive officer

€1.2m

Total compensation

CEO salary percentage57.44%
CEO tenure2.1yrs
CEO ownershipn/a
Management average tenure1.1yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

We Think Recticel's (EBR:RECT) Profit Is Only A Baseline For What They Can Achieve

May 08
We Think Recticel's (EBR:RECT) Profit Is Only A Baseline For What They Can Achieve

Cautious Investors Not Rewarding Recticel SA/NV's (EBR:RECT) Performance Completely

Apr 05
Cautious Investors Not Rewarding Recticel SA/NV's (EBR:RECT) Performance Completely

Estimating The Fair Value Of Recticel SA/NV (EBR:RECT)

Dec 20
Estimating The Fair Value Of Recticel SA/NV (EBR:RECT)

We Like The Quality Of Recticel's (EBR:RECT) Earnings

Sep 06
We Like The Quality Of Recticel's (EBR:RECT) Earnings

What Is Recticel SA/NV's (EBR:RECT) Share Price Doing?

Sep 02
What Is Recticel SA/NV's (EBR:RECT) Share Price Doing?

Recticel SA/NV (EBR:RECT) Could Be Riskier Than It Looks

Jul 02
Recticel SA/NV (EBR:RECT) Could Be Riskier Than It Looks

These 4 Measures Indicate That Recticel (EBR:RECT) Is Using Debt Reasonably Well

Jun 05
These 4 Measures Indicate That Recticel (EBR:RECT) Is Using Debt Reasonably Well

Is It Time To Consider Buying Recticel SA/NV (EBR:RECT)?

Apr 10
Is It Time To Consider Buying Recticel SA/NV (EBR:RECT)?

What You Can Learn From Recticel SA/NV's (EBR:RECT) P/S

Feb 01
What You Can Learn From Recticel SA/NV's (EBR:RECT) P/S

Is Recticel (EBR:RECT) A Risky Investment?

Nov 05
Is Recticel (EBR:RECT) A Risky Investment?

Recticel SA/NV's (EBR:REC) Intrinsic Value Is Potentially 77% Above Its Share Price

Apr 08
Recticel SA/NV's (EBR:REC) Intrinsic Value Is Potentially 77% Above Its Share Price

Is Recticel's (EBR:REC) 147% Share Price Increase Well Justified?

Mar 19
Is Recticel's (EBR:REC) 147% Share Price Increase Well Justified?

Here's Why Recticel (EBR:REC) Has A Meaningful Debt Burden

Mar 03
Here's Why Recticel (EBR:REC) Has A Meaningful Debt Burden

Is Recticel SA/NV (EBR:REC) A Strong Dividend Stock?

Feb 17
Is Recticel SA/NV (EBR:REC) A Strong Dividend Stock?

How Much Of Recticel SA/NV (EBR:REC) Do Institutions Own?

Feb 01
How Much Of Recticel SA/NV (EBR:REC) Do Institutions Own?

Are Recticel's (EBR:REC) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 18
Are Recticel's (EBR:REC) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Is Recticel (EBR:REC) Likely To Turn Things Around?

Jan 05
Is Recticel (EBR:REC) Likely To Turn Things Around?

What Is Recticel SA/NV's (EBR:REC) Share Price Doing?

Dec 22
What Is Recticel SA/NV's (EBR:REC) Share Price Doing?

Is Recticel SA/NV's (EBR:REC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Dec 09
Is Recticel SA/NV's (EBR:REC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Is Recticel SA/NV (EBR:REC) Trading At A 46% Discount?

Nov 24
Is Recticel SA/NV (EBR:REC) Trading At A 46% Discount?

Does Recticel's (EBR:REC) Statutory Profit Adequately Reflect Its Underlying Profit?

Aug 11
Does Recticel's (EBR:REC) Statutory Profit Adequately Reflect Its Underlying Profit?

Are Recticel's (EBR:REC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Aug 11
Are Recticel's (EBR:REC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Should Recticel SA/NV (EBR:REC) Be Part Of Your Dividend Portfolio?

Jul 31
Should Recticel SA/NV (EBR:REC) Be Part Of Your Dividend Portfolio?

Do Its Financials Have Any Role To Play In Driving Recticel SA/NV's (EBR:REC) Stock Up Recently?

Jul 17
Do Its Financials Have Any Role To Play In Driving Recticel SA/NV's (EBR:REC) Stock Up Recently?

A Look At The Fair Value Of Recticel SA/NV (EBR:REC)

Jun 30
A Look At The Fair Value Of Recticel SA/NV (EBR:REC)

Is Recticel SA/NV (EBR:REC) Potentially Undervalued?

Jun 17
Is Recticel SA/NV (EBR:REC) Potentially Undervalued?

CEO Compensation Analysis

How has Jan Vergote's remuneration changed compared to Recticel's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

€6m

Mar 31 2025n/an/a

€11m

Dec 31 2024€1m€671k

€17m

Sep 30 2024n/an/a

€12m

Jun 30 2024n/an/a

€7m

Mar 31 2024n/an/a

-€1m

Dec 31 2023€871k€217k

-€9m

Compensation vs Market: Jan's total compensation ($USD1.37M) is above average for companies of similar size in the Belgian market ($USD846.15K).

Compensation vs Earnings: Jan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jan Vergote (63 yo)

2.1yrs
Tenure
€1,168,787
Compensation

Mr. Jan Vergote serves as the Chief Executive Officer of IVC BVBA. He serves as Chief Executive Officer at Recticel SA/NV since September 2023 and serves as its Director since 2024. He served as Group Gene...

Leadership Team

NamePositionTenureCompensationOwnership
Jan Vergote
CEO, MD & Director2.1yrs€1.17mno data
Stijn Vermeulen
Chief Operations Officer1yrno datano data
Betty Bogaert
Chief Information & Digitalisation Officerno datano datano data
Rob Nijskens
Chief Human Resource Officer4.6yrsno datano data
Bart Van Eede
Chief Financial Officer1.3yrsno datano data
Michel De Smedt
Communications & Investor Relations Officerno datano datano data
Stefaan Debusschere
Chief Executive Officer of Insulation Boardsless than a yearno datano data
Nay Tawile
Chief Executive Officer Insulated Panelsless than a yearno datano data
1.1yrs
Average Tenure

Experienced Management: RECT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jan Vergote
CEO, MD & Director1.8yrs€1.17mno data
Luc Missorten
Independent Director10.4yrs€62.50kno data
Filiep Balcaen
Non-Executive Director3.6yrs€45.00kno data
Elisa Vlerick
Independent Non-Executive Director6.4yrs€45.00k0.011%
€ 52.0k
Astrid Rahn
Independent Directorless than a yearno datano data
Wim Dejonghe
Independent Chairman1.3yrs€62.72k0.035%
€ 173.2k
Frank Coenen
Non-Executive Director1.4yrs€28.86kno data
Barbara De Saedeleer
Independent Directorless than a yearno datano data
1.6yrs
Average Tenure
63.5yo
Average Age

Experienced Board: RECT's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 17:37
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Recticel SA/NV is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Christoph GreulichBerenberg
Mark GevensBNP Paribas Exane