ACTIVE

RECORD

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Financial year 2025 · closed on 31/03/2025

Net result

282,9 k €

+36.4% YoY

Gross margin

1,5 M €

+8.8% YoY

Equity

1,6 M €

+21.5% YoY

Workforce

17,8 ETP

-5.3% YoY

What does RECORD do?

RECORD is a Private limited company incorporated in 1980. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Maldegem. It employs on average 17,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.154.994

Incorporation

31/12/1980

Legal form

Private limited company

Registered office

Oude Kasteeldreef 1
9990 Maldegem · FlandreSee on map

Contributed capital

317 303,71 €

Latest accounts

31/03/2025

Average workforce

17,8 ETP

Activities (NACE)

28300Manufacture of agricultural and forestry machinery· main 28300Manufacture of agricultural and forestry machinery 29310Manufacture of electrical and electronic equipment for motor vehicles 29321Manufacture of other parts and accessories for motor vehicles 45194Sale of other motor vehicles 46713Wholesale of solid, liquid and gaseous fuels and related products+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,5 M €	+8.8%	1,4 M €	+4.7%	1,3 M €	+2.3%	1,3 M €	-3.8%	1,3 M €	+4.0%	1,3 M €	+2.9%	1,3 M €	+20.0%	1 M €	-7.1%	1,1 M €	+11.3%	1 M €	-15.7%	1,2 M €	+6.8%	1,1 M €	+12.2%	1 M €	+0.2%	1 M €	-10.2%	1,1 M €	-8.5%	1,2 M €	+8.8%	1,1 M €	+22.7%	913,9 k €
EBITDA	495 k €	+19.1%	415,5 k €	+36.2%	305,1 k €	-0.1%	305,4 k €	-14.4%	356,7 k €	+19.4%	298,9 k €	+11.6%	267,7 k €	+12.7%	237,5 k €	-22.1%	305,1 k €	+156%	119,1 k €	-55.3%	266,4 k €	+66.0%	160,5 k €	-5.3%	169,6 k €	-12.9%	194,6 k €	+27.9%	152,1 k €	-24.6%	201,7 k €	+22.7%	164,4 k €	+68.7%	97,5 k €
Operating result	415,3 k €	+27.3%	326,3 k €	+61.1%	202,5 k €	+9.7%	184,5 k €	-16.7%	221,6 k €	+4.3%	212,4 k €	+22.9%	172,9 k €	+5.0%	164,7 k €	-30.6%	237,2 k €	+4827%	4,8 k €	-95.9%	118,7 k €	+251%	33,8 k €	+675%	4,4 k €	-92.9%	61,7 k €	+63.8%	37,6 k €	-53.6%	81,2 k €	+31.4%	61,8 k €	+78.4%	34,6 k €
Net result	282,9 k €	+36.4%	207,4 k €	+150%	83,1 k €	+9.4%	76 k €	-7.9%	82,5 k €	-8.7%	90,4 k €	+31.7%	68,6 k €	+5.5%	65 k €	-52.7%	137,6 k €	+307%	-66,5 k €	-529%	15,5 k €	-35.7%	24,1 k €	+222%	-19,7 k €	-172%	27,3 k €	+805%	3 k €	-85.7%	21 k €	-28.6%	29,4 k €	+95.7%	15 k €
Balance sheet
Equity	1,6 M €	+21.5%	1,3 M €	+18.7%	1,1 M €	+8.1%	1 M €	+8.0%	950,3 k €	+9.5%	867,8 k €	+11.6%	777,4 k €	+9.7%	708,7 k €	+10.1%	643,7 k €	+27.2%	506 k €	-11.6%	572,5 k €	+2.8%	557 k €	+0.5%	554,5 k €	-3.4%	574,3 k €	+5.0%	547 k €	+0.6%	544 k €	+4.0%	523 k €	+6.0%	493,6 k €
Total assets	3,9 M €	+23.8%	3,1 M €	+7.1%	2,9 M €	-15.1%	3,4 M €	+7.5%	3,2 M €	-9.4%	3,5 M €	+25.7%	2,8 M €	-6.0%	3 M €	+0.6%	3 M €	+17.8%	2,5 M €	-6.0%	2,7 M €	-9.1%	3 M €	+13.2%	2,6 M €	+1.3%	2,6 M €	+9.4%	2,4 M €	-12.6%	2,7 M €	-6.7%	2,9 M €	+20.7%	2,4 M €
Cash	126,3 k €	-21.4%	160,6 k €	+327%	37,6 k €	-5.4%	39,8 k €	+141%	16,5 k €	-90.3%	169,8 k €	+427%	32,2 k €	+20.8%	26,7 k €	-35.8%	41,6 k €	-15.3%	49 k €	-56.6%	113,1 k €	-48.5%	219,7 k €	+126%	97 k €	-49.4%	191,9 k €	+81.8%	105,6 k €	-39.3%	173,8 k €	-38.9%	284,5 k €	-15.8%	338 k €
Debts	2,3 M €	+28.4%	1,8 M €	-2.8%	1,8 M €	-24.9%	2,4 M €	+7.3%	2,2 M €	-13.7%	2,6 M €	+31.2%	2 M €	-12.7%	2,3 M €	-2.1%	2,3 M €	+15.3%	2 M €	-4.5%	2,1 M €	-11.8%	2,4 M €	+16.5%	2,1 M €	+2.7%	2 M €	+12.6%	1,8 M €	-16.5%	2,1 M €	-9.6%	2,4 M €	+24.0%	1,9 M €
Other
Workforce	17,8 ETP	-5.3%	18,8 ETP	-6.9%	20,2 ETP	-1.5%	20,5 ETP	-2.8%	21,1 ETP	-9.4%	23,3 ETP	+2.6%	22,7 ETP	+7.1%	21,2 ETP	+2.9%	20,6 ETP	-8.0%	22,4 ETP	-6.7%	24,0 ETP	-4.0%	25,0 ETP	-4.2%	26,1 ETP	+7.0%	24,4 ETP	-5.4%	25,8 ETP	-3.4%	26,7 ETP	+6.0%	25,2 ETP	+5.4%	23,9 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 31/03/2025 · 2 active · 6 ended

Active mandates

Clavan-Services

Director · since 01 novembre 2024 · 1011.756.223

Represented by JEAN CLAEYS

Active

CnG

Director · since 01 novembre 2024 · 1008.655.983

Represented by GUY CLAEYS

Active

Ended mandates

Guy Claeys

Mandate

Ended

GUY CLAEYS

Director

Ended

GUY CLAEYS

Manager

Ended

Jean Claeys

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/10/2025	31/10/2024	30/10/2023	02/11/2022	18/11/2021	30/10/2020
General meeting	15/09/2025	24/10/2024	30/09/2023	28/10/2022	21/10/2021	14/10/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	15/09/2025	13/10/2025	Dutch	PDF
Abridged model	31/03/2024	24/10/2024	31/10/2024	Dutch	PDF
Abridged model	31/03/2023	30/09/2023	30/10/2023	Dutch	PDF
Abridged model	31/03/2022	28/10/2022	02/11/2022	Dutch	PDF
Abridged model	31/03/2021	21/10/2021	18/11/2021	Dutch	PDF
Abridged model	31/03/2020	14/10/2020	30/10/2020	Dutch	PDF
Abridged model	31/03/2019	19/07/2019	30/09/2019	Dutch	PDF
Abridged model	31/03/2018	20/07/2018	26/09/2018	Dutch	PDF
Abridged model	31/03/2017	24/07/2017	29/09/2017	Dutch	PDF
Abridged model	31/03/2016	15/07/2016	30/09/2016	Dutch	PDF
Abridged model	31/03/2015	17/07/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	18/07/2014	12/02/2015	Dutch	PDF
Abridged model	31/03/2012	21/09/2012	12/11/2013	Dutch	PDF
Abridged model	31/03/2011	16/09/2011	12/11/2013	Dutch	PDF
Abridged model	31/03/2010	17/09/2010	04/08/2011	Dutch	PDF
Abridged model	31/03/2009	18/09/2009	14/09/2010	Dutch	PDF
Abridged model	31/03/2008	18/07/2008	09/03/2009	Dutch	PDF
Abridged model	31/03/2007	24/09/2007	26/09/2007	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 31/03/2025 · 2 active · 6 ended

Active mandates

Clavan-Services

Director · since 01 novembre 2024 · 1011.756.223

Represented by JEAN CLAEYS

Active

CnG

Director · since 01 novembre 2024 · 1008.655.983

Represented by GUY CLAEYS

Active

Ended mandates

Guy Claeys

Mandate

Ended

GUY CLAEYS

Director

Ended

GUY CLAEYS

Manager

Ended

Jean Claeys

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2009
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025282,9 k €↑
2024
Annual accounts 2024207,4 k €↑
2024
Name changeRECORD
2023
Annual accounts 202383,1 k €↑
2022
Annual accounts 202276 k €↓
2022
Name changeCONSTRUCTIEWERKEN EN LANDBOUWMACHINES GEBROEDERS CLAEYS EN ZONEN
2021
Annual accounts 202182,5 k €↓
2020
Annual accounts 202090,4 k €↑
2019
Annual accounts 201968,6 k €↑
2018
Annual accounts 201865 k €↓
2017
Annual accounts 2017137,6 k €↑
2016
Annual accounts 2016-66,5 k €↓
2015
Annual accounts 201515,5 k €↓
2014
Annual accounts 201424,1 k €↑
2012
Annual accounts 2012-19,7 k €↓
2011
Annual accounts 201127,3 k €↑
2010
Annual accounts 20103 k €↓
2009
Annual accounts 200921 k €↓
2008
Annual accounts 200829,4 k €↑
2007
Annual accounts 200715 k €
31/12/1980
IncorporationPrivate 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

RECORD

Overview

What does RECORD do?

Trend over 18 financial years

Indicative valuation

Board of directors

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