ACTIVE

RECTAVIT

Financial year 2025 · closed on 31/12/2025
Net result
236,2 k €
+12.5% YoY
Revenue
16,2 M €
+0.5% YoY
Equity
2,2 M €
+11.8% YoY
Workforce
23,9 ETP
+1.7% YoY

What does RECTAVIT do?

RECTAVIT is a Public limited company incorporated in 1951. Its registered office is in Lochristi. It employs on average 23,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.239.760
Incorporation
24/01/1951
Legal form
Public limited company
Registered office
Ambachtenlaan 4
9080 Lochristi · FlandreSee on map
Contributed capital
275 000,00 €
Latest accounts
31/12/2025
Average workforce
23,9 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120172016201420132012201120102009200820072006
Income statement
Revenue16,2 M €16,2 M €15,4 M €15,5 M €14,9 M €11,2 M €10,6 M €9,5 M €9,2 M €9 M €8,4 M €7,5 M €6,8 M €6,4 M €6 M €6,8 M €
EBITDA592,9 k €844,2 k €726,4 k €710,9 k €693,4 k €589,1 k €576,6 k €495,9 k €463,4 k €485,3 k €415,7 k €235,3 k €1 M €825,8 k €510 k €759,3 k €
Operating result632,4 k €648,8 k €653 k €629,7 k €635,8 k €517,5 k €462,3 k €428,8 k €395,6 k €413,4 k €360,4 k €329,8 k €946,8 k €769,9 k €536,5 k €639,2 k €
Net result236,2 k €210 k €227,9 k €217,3 k €227,5 k €200,2 k €74,2 k €159 k €151,7 k €200,4 k €156,7 k €113,8 k €768,3 k €588,3 k €300,3 k €212,2 k €
Balance sheet
Equity2,2 M €2 M €1,8 M €3,6 M €3,3 M €2,5 M €2,3 M €2 M €1,9 M €1,7 M €1,5 M €1,4 M €1,3 M €482,7 k €-105,6 k €-406 k €
Total assets4,4 M €4,8 M €7,6 M €7,2 M €7 M €5,4 M €5,3 M €6,5 M €4,7 M €3,1 M €2,5 M €4,7 M €3,7 M €3,9 M €2,7 M €2,7 M €
Cash163,8 €159,2 €322,2 €4,5 k €924 €8,2 k €6,9 k €20,5 k €28,5 k €294,4 k €95,5 k €202,3 k €548,3 k €584,6 k €64,6 k €86 k €
Debts2,2 M €2,7 M €5,8 M €3,7 M €3,6 M €3 M €3 M €4,4 M €2,8 M €1,4 M €930,8 k €3,3 M €2,4 M €3,3 M €2,7 M €2,9 M €
Other
Workforce23,9 ETP23,5 ETP22,7 ETP22,8 ETP18,3 ETP17,8 ETP16,8 ETP17,3 ETP15,7 ETP15,3 ETP16,2 ETP14,6 ETP15,0 ETP16,3 ETP16,5 ETP19,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 30 ended

Active mandates

Dirk Coorevits

Director · since 30 juin 2022 · until 30 juin 2028

Active
JONELINVEST

Managing director · since 30 juin 2022 · until 30 juin 2028 · 0432.136.087

Represented by Victor SWERTS

Active
Jurgen Vandervelden

Director · since 30 juin 2022 · until 30 juin 2028

Active
PMR INVEST

Director · since 30 juin 2022 · until 30 juin 2028 · 0836.764.263

Represented by Bart Moonen

Active

Ended mandates

PMR INVEST

Director · since 30 juin 2022 · until 30 juin 2028 · 0836.764.263

Represented by Bart Moonen

Ended
Jurgen Vandervelden

Bestuurder · since 01 janvier 2021 · until 30 juin 2022

Ended
Jurgen Vandervelden

Director · since 01 janvier 2021 · until 03 juin 2022

Ended
Dirk Coorevits

Bestuurder · since 03 juin 2016 · until 30 juin 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/08/202617/07/202526/07/202414/07/202315/07/202230/07/2021
General meeting10/07/202609/07/202528/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202510/07/202610/08/2026DutchPDF
Full model31/12/202409/07/202517/07/2025DutchPDF
Full model31/12/202328/06/202426/07/2024DutchPDF
Full model31/12/202230/06/202314/07/2023DutchPDF
Full model31/12/202130/06/202215/07/2022DutchPDF
Full model31/12/202030/06/202130/07/2021DutchPDF
Full model31/12/201905/06/202029/06/2020DutchPDF
Full model31/12/201828/06/201924/07/2019DutchPDF
Full model31/12/201731/07/201829/08/2018DutchPDF
Full model31/12/201602/06/201731/07/2017DutchPDF
Full model31/12/201503/06/201618/07/2016DutchPDF
Full model31/12/201405/06/201514/07/2015DutchPDF
Full model31/12/201306/06/201430/06/2014DutchPDF
Full model31/12/201207/06/201328/06/2013DutchPDF
Full model31/12/201101/06/201226/06/2012DutchPDF
Full model31/12/201003/06/201122/06/2011DutchPDF
Full model31/12/200904/06/201002/07/2010DutchPDF
Full model31/12/200805/06/200918/06/2009DutchPDF
Full model31/12/200706/06/200803/07/2008DutchPDF
Full model31/12/200601/06/200725/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 30 ended

Active mandates

Dirk Coorevits

Director · since 30 juin 2022 · until 30 juin 2028

Active
JONELINVEST

Managing director · since 30 juin 2022 · until 30 juin 2028 · 0432.136.087

Represented by Victor SWERTS

Active
Jurgen Vandervelden

Director · since 30 juin 2022 · until 30 juin 2028

Active
PMR INVEST

Director · since 30 juin 2022 · until 30 juin 2028 · 0836.764.263

Represented by Bart Moonen

Active

Ended mandates

PMR INVEST

Director · since 30 juin 2022 · until 30 juin 2028 · 0836.764.263

Represented by Bart Moonen

Ended
Jurgen Vandervelden

Bestuurder · since 01 janvier 2021 · until 30 juin 2022

Ended
Jurgen Vandervelden

Director · since 01 janvier 2021 · until 03 juin 2022

Ended
Dirk Coorevits

Bestuurder · since 03 juin 2016 · until 30 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025236,2 k €
  2. 2024
    Annual accounts 2024210 k €
  3. 2023
    Annual accounts 2023227,9 k €
  4. 2022
    Annual accounts 2022217,3 k €
  5. 2021
    Annual accounts 2021227,5 k €
  6. 2017
    Annual accounts 2017200,2 k €
  7. 2016
    Annual accounts 201674,2 k €
  8. 2014
    Annual accounts 2014159 k €
  9. 2013
    Annual accounts 2013151,7 k €
  10. 2012
    Annual accounts 2012200,4 k €
  11. 2011
    Annual accounts 2011156,7 k €
  12. 2010
    Annual accounts 2010113,8 k €
  13. 2009
    Annual accounts 2009768,3 k €
  14. 2008
    Annual accounts 2008588,3 k €
  15. 2007
    Annual accounts 2007300,3 k €
  16. 2006
    Annual accounts 2006212,2 k €
  17. 24/01/1951
    IncorporationPublic limited company