ACTIVE

REYNDERS

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Financial year 2025 · closed on 31/12/2025

Net result

751,9 k €

+188.3% YoY

Revenue

15,5 M €

-38.3% YoY

Equity

2,2 M €

+53.3% YoY

Workforce

70,5 ETP

-8.0% YoY

What does REYNDERS do?

REYNDERS is a Public limited company incorporated in 1971. Its main activity is: Construction of buildings. Its registered office is in Houthalen-Helchteren. It employs on average 70,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0411.630.683

Incorporation

03/12/1971

Legal form

Public limited company

Registered office

Centrum-Zuid 2049
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

2 000 000,00 €

Latest accounts

31/12/2025

Average workforce

70,5 ETP

Activities (NACE)

41003Construction of buildings· main 41203Construction of residential and non-residential buildings 45213Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2008
Income statement
Revenue	15,5 M €	-38.3%	25,2 M €	-3.1%	26 M €	+5.0%	24,7 M €	-0.1%	24,7 M €	+12.4%	22 M €	-19.8%	27,4 M €	+63.0%	16,8 M €	-35.1%	25,9 M €	+76.9%	14,7 M €	-27.2%	20,1 M €	-14.0%	23,4 M €	-22.3%	30,1 M €	+11.5%	27 M €	+11.0%	24,3 M €	+3.8%	23,4 M €
EBITDA	1 M €	+444%	-302,7 k €	-245%	208,1 k €	-73.2%	775,5 k €	+38.2%	561,3 k €	-14.3%	655 k €	-1.2%	663,2 k €	+191%	-731,2 k €	-251%	483 k €	+500%	80,5 k €	-86.1%	579,2 k €	-21.6%	739,1 k €	-68.1%	2,3 M €	+75.3%	1,3 M €	+30.2%	1 M €	-35.5%	1,6 M €
Operating result	912,2 k €	+209%	-834,1 k €	-1226%	-62,9 k €	-113%	477 k €	+155%	186,8 k €	-66.6%	559,6 k €	+593%	80,7 k €	+107%	-1,2 M €	-559%	257,9 k €	+148%	-542,8 k €	-308%	261,5 k €	-5.5%	276,7 k €	-85.7%	1,9 M €	+146%	788,4 k €	+35.3%	582,9 k €	-50.2%	1,2 M €
Net result	751,9 k €	+188%	-851,5 k €	-586%	-124,2 k €	-137%	339,8 k €	+100%	169,6 k €	-67.0%	513,8 k €	+963%	48,3 k €	+104%	-1,2 M €	-601%	242,8 k €	+144%	-548,7 k €	-354%	215,9 k €	-28.8%	303,3 k €	-76.4%	1,3 M €	+155%	504,4 k €	+30.6%	386,1 k €	-54.8%	854,1 k €
Balance sheet
Equity	2,2 M €	+53.3%	1,4 M €	-37.6%	2,3 M €	-5.2%	2,4 M €	-0.0%	2,4 M €	-11.2%	2,7 M €	+23.6%	2,2 M €	+2.3%	2,1 M €	+2.1%	2,1 M €	-26.7%	2,8 M €	-21.2%	3,6 M €	-2.4%	3,7 M €	-21.0%	4,7 M €	+18.8%	3,9 M €	+3.5%	3,8 M €	+11.8%	3,4 M €
Total assets	12 M €	-16.5%	14,3 M €	+9.3%	13,1 M €	-8.6%	14,3 M €	-1.0%	14,5 M €	+3.3%	14 M €	-5.4%	14,8 M €	+45.0%	10,2 M €	-12.5%	11,7 M €	+15.7%	10,1 M €	-14.3%	11,8 M €	-21.0%	14,9 M €	-9.2%	16,4 M €	+7.6%	15,3 M €	+5.9%	14,4 M €	-9.1%	15,9 M €
Cash	250 k €	+17.9%	212,1 k €	-67.4%	651,3 k €	-48.3%	1,3 M €	+35.7%	929 k €	-34.5%	1,4 M €	+3.1%	1,4 M €	+149%	551,4 k €	+45.6%	378,6 k €	+60.4%	236,1 k €	+24.0%	190,4 k €	-66.8%	573,3 k €	+123%	257,3 k €	-73.2%	958,9 k €	+162%	366,6 k €	-57.2%	855,8 k €
Debts	6,5 M €	-35.1%	10,1 M €	+14.8%	8,8 M €	-13.8%	10,2 M €	-6.2%	10,8 M €	+4.7%	10,4 M €	-13.0%	11,9 M €	+57.0%	7,6 M €	-19.3%	9,4 M €	+33.4%	7 M €	-9.8%	7,8 M €	-27.1%	10,7 M €	-2.8%	11 M €	+5.2%	10,5 M €	+5.3%	9,9 M €	-15.1%	11,7 M €
Other
Workforce	70,5 ETP	-8.0%	76,6 ETP	-8.7%	83,9 ETP	-1.6%	85,3 ETP	-1.2%	86,3 ETP	-4.6%	90,5 ETP	-2.9%	93,2 ETP	-8.4%	101,7 ETP	+0.2%	101,5 ETP	-5.9%	107,9 ETP	-5.4%	114,1 ETP	-7.3%	123,1 ETP	-6.0%	131,0 ETP	+1.2%	129,5 ETP	-1.4%	131,4 ETP	-5.5%	139,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 35 ended

Active mandates

Frank GERARDI

Managing director · since 22 mai 2024 · until 08 mai 2030

Active

Christope VAN OPHEM

Chairman of the board of directors · since 05 mai 2021 · until 05 mai 2027

Active

Sebastien DELMARCHE

Director · since 01 juillet 2020 · until 31 décembre 2025

Active

Philippe BRULARD

Director · since 03 juin 2020 · until 06 mai 2026

Active

Ended mandates

Christophe VAN OPHEM

Chairman of the board of directors · since 05 mai 2021 · until 05 mai 2027

Ended

Sébastien DELMARCHE

Director · since 01 juillet 2020 · until 06 mai 2026

Ended

Frank GERARDI

Director · since 01 janvier 2019 · until 01 mai 2024

Ended

Frank GERARDI

Managing director · since 01 janvier 2019 · until 01 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
THV DACIA● Active	0731.879.747
THV Duchêne - Reynders● Active	0685.396.159
THV PIT - REYNDERS● Active	0678.459.867
THV Reynders-AB● Active	0880.537.987
TM PIT - REYNDERS "De Twijg"● Active	0749.496.234
TM PIT-REYNDERS "GBS Piramide"● Active	0777.456.186
TM PIT - REYNDERS "PXL"● Active	0749.494.254
TM Reynders Maars● Active	1016.017.788
TM Reynders-Pit● Active	0793.960.539
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TM Reynders - Puur Office● Active	1023.709.690

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/05/2026	14/07/2025	31/07/2024	03/07/2023	20/05/2022	28/05/2021
General meeting	06/05/2026	30/06/2025	22/05/2024	17/05/2023	04/05/2022	05/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/05/2026	27/05/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	14/07/2025	Dutch	PDF
Full model	31/12/2023	22/05/2024	31/07/2024	Dutch	PDF
Full model	31/12/2022	17/05/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	04/05/2022	20/05/2022	Dutch	PDF
Full model	31/12/2020	05/05/2021	28/05/2021	Dutch	PDF
Full model	31/12/2019	03/06/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	24/05/2019	14/06/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	12/06/2018	Dutch	PDF
Full model	31/12/2016	03/05/2017	14/06/2017	Dutch	PDF
Full model	31/12/2015	04/05/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	03/06/2015	Dutch	PDF
Full model	31/12/2013	24/04/2014	13/05/2014	Dutch	PDF
Full model	31/12/2012	23/04/2013	03/06/2013	Dutch	PDF
Full model	31/12/2011	23/04/2012	14/05/2012	Dutch	PDF
Full model	31/12/2010	20/04/2011	16/05/2011	Dutch	PDF
Full model	31/12/2009	21/04/2010	18/05/2010	Dutch	PDF
Full model	31/12/2008	22/04/2009	27/05/2009	Dutch	PDF
Full model	31/12/2007	21/04/2008	21/05/2008	Dutch	PDF
Full model	31/12/2006	20/04/2007	04/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 35 ended

Active mandates

Frank GERARDI

Managing director · since 22 mai 2024 · until 08 mai 2030

Active

Christope VAN OPHEM

Chairman of the board of directors · since 05 mai 2021 · until 05 mai 2027

Active

Sebastien DELMARCHE

Director · since 01 juillet 2020 · until 31 décembre 2025

Active

Philippe BRULARD

Director · since 03 juin 2020 · until 06 mai 2026

Active

Ended mandates

Christophe VAN OPHEM

Chairman of the board of directors · since 05 mai 2021 · until 05 mai 2027

Ended

Sébastien DELMARCHE

Director · since 01 juillet 2020 · until 06 mai 2026

Ended

Frank GERARDI

Director · since 01 janvier 2019 · until 01 mai 2024

Ended

Frank GERARDI

Managing director · since 01 janvier 2019 · until 01 mai 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/03/2023
ONTSLAGEN - BENOEMINGEN - DIVERSEN
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

2025
Annual accounts 2025751,9 k €↑
2024
Annual accounts 2024-851,5 k €↓
2023
Annual accounts 2023-124,2 k €↓
2022
Annual accounts 2022339,8 k €↑
2021
Annual accounts 2021169,6 k €↓
2020
Annual accounts 2020513,8 k €↑
2019
Annual accounts 201948,3 k €↑
2018
Annual accounts 2018-1,2 M €↓
2016
Annual accounts 2016242,8 k €↑
2015
Annual accounts 2015-548,7 k €↓
2014
Annual accounts 2014215,9 k €↓
2013
Annual accounts 2013303,3 k €↓
2012
Annual accounts 20121,3 M €↑
2011
Annual accounts 2011504,4 k €↑
2010
Annual accounts 2010386,1 k €↓
2008
Annual accounts 2008854,1 k €
03/12/1971
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

REYNDERS

Overview

What does REYNDERS do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline