REUL FRERES
0427.155.237 · rovalta.com · 24/09/2026
ACTIVE
REUL FRERES
Financial year 2025 · Closed on 31/12/2025
Net result
91 k €
-62,0 %over 1 yearGross margin
1,5 M €
-12,5 %over 1 yearEquity
2 M €
+3,9 %over 1 yearWorkforce
19,0 ETP
-11,2 %over 1 yearOverview
Identity
Source · BCE/KBOREUL FRERES is a Private limited company incorporated in 1985. Its registered office is in Baelen. It employs on average 19,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0427.155.237
- Incorporation
- 27/03/1985
- Legal form
- Private limited company
- Registered office
- Rue des Bas-Fourneaux 5
4837 Baelen · WallonieSee on map - Contributed capital
- 489 100,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 19,0 ETP
Joint committees (4)
- 126
- 1260
- 12624
- 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,5 M € | -12.5% | 1,7 M € | -3.3% | 1,8 M € | +14.0% | 1,6 M € | +9.8% | 1,4 M € |
| EBITDA | 587,3 k € | -11.7% | 665,1 k € | +6.4% | 624,9 k € | +11.5% | 560,7 k € | -5.7% | 594,6 k € |
| Operating result | 295,4 k € | -20.3% | 370,8 k € | +9.9% | 337,5 k € | +18.0% | 285,9 k € | -2.3% | 292,8 k € |
| Net result | 91 k € | -62.0% | 239,3 k € | +24.8% | 191,7 k € | +16.5% | 164,6 k € | -38.4% | 267 k € |
| Balance sheet | |||||||||
| Equity | 2 M € | +3.9% | 1,9 M € | +11.7% | 1,7 M € | +20.0% | 1,4 M € | +20.1% | 1,2 M € |
| Total assets | 5,3 M € | +5.2% | 5 M € | -6.1% | 5,3 M € | +0.6% | 5,3 M € | +2.1% | 5,2 M € |
| Cash | 61,5 k € | -25.5% | 82,5 k € | +155% | 32,4 k € | +1115% | 2,7 k € | -96.8% | 82,9 k € |
| Debts | 3,2 M € | +5.7% | 3,1 M € | -14.7% | 3,6 M € | -6.7% | 3,9 M € | -3.3% | 4 M € |
| Other | |||||||||
| Workforce | 19,0 ETP | -11.2% | 21,4 ETP | +0.5% | 21,3 ETP | -0.9% | 21,5 ETP | +12.0% | 19,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 10 ended
Active mandates
Eric Reul
ActiveHervé Reul
ActiveEnded mandates
Other companies at this address
Rue des Bas-Fourneaux 5 4837 BaelenFinancials
Full financial information
Source · NBB| 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 | 01/01/2025 | 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 | 23/06/2026 | 03/03/2025 | 08/04/2024 | 16/03/2023 | 18/02/2022 | 19/03/2021 |
| General meeting | 19/06/2026 | 20/02/2025 | 05/04/2024 | 13/03/2023 | 11/02/2022 | 18/03/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/06/2026 | 23/06/2026 | French | |
| Abridged model | 31/12/2024 | 20/02/2025 | 03/03/2025 | French | |
| Abridged model | 31/12/2023 | 05/04/2024 | 08/04/2024 | French | |
| Abridged model | 31/12/2022 | 13/03/2023 | 16/03/2023 | French | |
| Abridged model | 31/12/2021 | 11/02/2022 | 18/02/2022 | French | |
| Abridged model | 31/12/2020 | 18/03/2021 | 19/03/2021 | French | |
| Abridged model | 31/12/2019 | 26/05/2020 | 29/05/2020 | French | |
| Abridged model | 31/12/2018 | 20/02/2019 | 01/03/2019 | French | |
| Abridged model | 31/12/2017 | 07/03/2018 | 07/03/2018 | French | |
| Abridged model | 31/12/2016 | 20/04/2017 | 20/04/2017 | French | |
| Abridged model | 31/12/2015 | 02/05/2016 | 18/05/2016 | French | |
| Abridged model | 31/12/2014 | 29/05/2015 | 31/08/2015 | French | |
| Abridged model | 31/12/2013 | 09/07/2014 | 13/08/2014 | French | |
| Abridged model | 31/12/2012 | 18/03/2013 | 28/03/2013 | French | |
| Abridged model | 31/12/2011 | 13/04/2012 | 26/04/2012 | French | |
| Abridged model | 31/12/2010 | 15/03/2011 | 29/04/2011 | French | |
| Abridged model | 31/12/2009 | 03/02/2010 | 02/03/2010 | French | |
| Abridged model | 31/12/2008 | 30/01/2009 | 03/03/2009 | French | |
| Abridged model | 31/12/2007 | 10/04/2008 | 13/05/2008 | French | |
| Abridged model | 31/12/2006 | 02/02/2007 | 02/03/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 10 ended
Active mandates
Eric Reul
ActiveHervé Reul
ActiveEnded mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other13/08/2026DIVERS
- Mandates08/09/2023MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
- Registered office18/07/2019SIEGE SOCIAL
- Mandates19/12/2016DEMISSIONS, NOMINATIONS
- Mandates25/07/2016DEMISSIONS, NOMINATIONS
- Mandates01/03/2016DEMISSIONS, NOMINATIONS
- Other12/02/2014DIVERS
- Capital / shares06/01/2014CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202591 k €↓
- 2024Annual accounts 2024239,3 k €↑
- 2023Annual accounts 2023191,7 k €↑
- 2022Annual accounts 2022164,6 k €↓
- 2020Annual accounts 2020267 k €↓
- 2019Annual accounts 2019423,1 k €↑
- 2018Annual accounts 2018168,3 k €↑
- 2017Annual accounts 2017165,4 k €↑
- 2016Annual accounts 2016102,6 k €↓
- 2015Annual accounts 2015116,7 k €↑
- 2014Annual accounts 201464,1 k €↓
- 2013Annual accounts 2013120,4 k €↑
- 2012Annual accounts 201281,2 k €↓
- 2011Annual accounts 2011106 k €↑
- 2010Annual accounts 201087,5 k €↓
- 2009Annual accounts 2009132,9 k €↓
- 2008Annual accounts 2008149,9 k €
- 27/03/1985IncorporationPrivate limited company