ACTIVE

REAL CORPORATION

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Financial year 2025 · Closed on 31/12/2025

Net result-98,1 k €+61,5 %over 1 year

Revenue9,9 M €-3,5 %over 1 year

Equity2,7 M €-3,5 %over 1 year

Workforce24,1 ETP-6,2 %over 1 year

Identity

Source · BCE/KBO

REAL CORPORATION is a Public limited company incorporated in 1974. Its registered office is in Sint-Gillis-Waas. It employs on average 24,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0413.888.211
Incorporation: 22/01/1974
Legal form: Public limited company
Registered office: Kluizenhof(SGW) 25
9170 Sint-Gillis-Waas · FlandreSee on map
Contributed capital: 2 723 500,00 €
Latest accounts: 31/12/2025
Average workforce: 24,1 ETP

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	9,9 M €	-3.5%	10,2 M €	-26.2%	13,9 M €	+31.6%	10,5 M €	-30.2%	15,1 M €
EBITDA	372,7 k €	-9.1%	409,9 k €	-46.9%	772,5 k €	+136%	327,7 k €	-57.0%	761,5 k €
Operating result	207,5 k €	+694%	26,1 k €	-95.8%	617,6 k €	+352%	136,6 k €	-81.1%	722,7 k €
Net result	-98,1 k €	+61.5%	-254,9 k €	-184%	302,9 k €	+765%	-45,5 k €	-109%	494 k €
Balance sheet
Equity	2,7 M €	-3.5%	2,8 M €	-8.3%	3,1 M €	+5.2%	2,9 M €	-1.5%	3 M €
Total assets	13,4 M €	+16.3%	11,6 M €	-23.8%	15,1 M €	+26.2%	12 M €	-15.5%	14,2 M €
Cash	200,9 k €	-28.2%	279,8 k €	-81.4%	1,5 M €	+347%	337,4 k €	-89.3%	3,1 M €
Debts	10,5 M €	+23.2%	8,5 M €	-28.2%	11,9 M €	+33.0%	9 M €	-19.6%	11,1 M €
Other
Workforce	24,1 ETP	-6.2%	25,7 ETP	+12.7%	22,8 ETP	+10.7%	20,6 ETP	0.0%	20,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 14 ended

Active mandates

UNITEA

Director · 0749.793.964

Represented by Depuydt KENNETH

Active

Ended mandates

UNITEA

Director · since 09 juillet 2020 · 0749.793.964

Represented by Depuydt Kenneth

Ended

Luc Moortgat

Director · since 26 mai 2018 · until 25 mai 2023

Ended

Moortgat Mometal

Managing director · since 26 mai 2018 · until 25 mai 2023 · 0419.481.844

Represented by Wilfried Moortgat

Ended

Moortgat Mometal

Managing director · since 26 mai 2018 · until 25 mai 2023 · 0419.481.844

Represented by Moortgat Wilfried

Ended

Other companies at this address

Kluizenhof(SGW) 25 9170 Sint-Gillis-Waas

Company	CBE no.
Limba● Active	0404.781.295
Moortgat Mometal● Active	0419.481.844
Power Industrial Manufacturing Association● Active	0406.229.268
REAL Group● Active	0783.205.417
REAL VERHUUR● Active	0436.236.615

Full financial information

Source · NBB

	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	04/06/2026	02/06/2025	06/06/2024	30/05/2023	30/05/2022	31/05/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	04/06/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	02/06/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	06/06/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	30/05/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	31/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/05/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	27/05/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	20/06/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	08/06/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	09/06/2012	17/08/2012	Dutch	PDF
Full model	31/12/2010	11/06/2011	12/08/2011	Dutch	PDF
Full model	31/12/2009	12/06/2010	29/06/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Full model	31/12/2007	28/06/2008	26/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	24/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 14 ended

Active mandates

UNITEA

Director · 0749.793.964

Represented by Depuydt KENNETH

Active

Ended mandates

UNITEA

Director · since 09 juillet 2020 · 0749.793.964

Represented by Depuydt Kenneth

Ended

Luc Moortgat

Director · since 26 mai 2018 · until 25 mai 2023

Ended

Moortgat Mometal

Managing director · since 26 mai 2018 · until 25 mai 2023 · 0419.481.844

Represented by Wilfried Moortgat

Ended

Moortgat Mometal

Managing director · since 26 mai 2018 · until 25 mai 2023 · 0419.481.844

Represented by Moortgat Wilfried

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/12/2021
KAPITAAL - AANDELEN
PDF
Mandates26/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other14/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-98,1 k €↑
2024
Annual accounts 2024-254,9 k €↓
2023
Annual accounts 2023302,9 k €↑
2022
Annual accounts 2022-45,5 k €↓
2021
Annual accounts 2021494 k €↑
2018
Annual accounts 2018315,8 k €↑
2017
Annual accounts 201799,1 k €↓
2016
Annual accounts 2016156,5 k €↓
2015
Annual accounts 2015254,3 k €↑
2014
Annual accounts 201475,2 k €↑
2013
Annual accounts 2013-503,9 €↓
2012
Annual accounts 201214,7 k €↓
2011
Annual accounts 2011108 k €↑
2010
Annual accounts 201071,3 k €↑
2009
Annual accounts 200915,6 k €↓
2008
Annual accounts 2008188 k €↑
2007
Annual accounts 2007145,4 k €↑
2006
Annual accounts 2006100,6 k €
22/01/1974
IncorporationPublic limited company

REAL CORPORATION

Overview

Identity

Financials

Valuation

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

Timeline