ACTIVE

RAMENCONSTRUCTIE CORSWAREM

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Financial year 2025 · Closed on 31/12/2025

Net result691,1 k €-64,0 %over 1 year

Gross margin2,4 M €-37,9 %over 1 year

Equity2,2 M €+44,4 %over 1 year

Workforce18,4 ETP+5,7 %over 1 year

Identity

Source · BCE/KBO

RAMENCONSTRUCTIE CORSWAREM is a Public limited company incorporated in 1988. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Tongeren-Borgloon. It employs on average 18,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.283.945
Incorporation: 13/05/1988
Legal form: Public limited company
Registered office: Vrijheidweg 1
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital: 252 500,00 €
Latest accounts: 31/12/2025
Average workforce: 18,4 ETP

Activities (NACE)

25120Manufacture of doors and windows of metal· main 25120Manufacture of doors and windows of metal 28120Manufacture of fluid power equipment

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 39 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,4 M €	-37.9%	3,8 M €	-28.1%	5,3 M €	+16.3%	4,6 M €	+56.4%	2,9 M €
EBITDA	1,1 M €	-58.8%	2,7 M €	-36.7%	4,3 M €	+21.4%	3,5 M €	+75.4%	2 M €
Operating result	907,1 k €	-64.2%	2,5 M €	-27.0%	3,5 M €	+6.7%	3,3 M €	+69.6%	1,9 M €
Net result	691,1 k €	-64.0%	1,9 M €	-26.4%	2,6 M €	+6.8%	2,4 M €	+69.7%	1,4 M €
Balance sheet
Equity	2,2 M €	+44.4%	1,6 M €	-36.1%	2,4 M €	+4.7%	2,3 M €	-2.4%	2,4 M €
Total assets	3,2 M €	+12.8%	2,8 M €	-29.7%	4 M €	+19.3%	3,4 M €	+3.7%	3,3 M €
Cash	463,6 k €	+205%	152 k €	-34.1%	230,5 k €	-53.9%	499,8 k €	+121%	226,3 k €
Debts	497,3 k €	-30.3%	713,8 k €	-23.7%	935,5 k €	+3.2%	906,2 k €	+26.3%	717,3 k €
Other
Workforce	18,4 ETP	+5.7%	17,4 ETP	+0.6%	17,3 ETP	-3.4%	17,9 ETP	+14.0%	15,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JDC GROEP0739.849.088Represented by Corswarem Dirk	Managing director01/07/2024 → 30/06/2030
GROEP ADC0889.701.717Represented by Dirk Corswarem	Managing director28/06/2019 → 29/11/2029Director28/06/2019 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
An Corswarem	Director03/06/2019 → 2023 accountsManaging director03/06/2019 → 2019 accounts
Dirk Corswarem	Managing directorlisted until the 2018 accounts

Other companies at this address

Vrijheidweg 1 3700 Tongeren-Borgloon

Company	CBE no.
ADC SOLAR CORSWAREM● Active	0898.923.447
ALU DESIGN CORSWAREM● Active	0862.623.572
Corswarem Group● Active	1037.022.545
Corswarem-Hermans TM● Active	0795.192.637
GROEP ADC● Active	0889.701.717

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	16/06/2026	11/07/2025	11/07/2024	21/06/2023	06/07/2022	28/06/2021
General meeting	01/06/2026	02/06/2025	24/06/2024	05/06/2023	07/06/2022	07/06/2021
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, 39 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	21/06/2007	Dutch	PDF
Abridged model	31/12/2005	05/06/2006	09/08/2006	Dutch	PDF
Abridged model	31/12/2004	06/06/2005	14/06/2005	Dutch	PDF
Full model	31/12/2003	22/04/2004	13/05/2004	Dutch	PDF
Full model	31/12/2002	02/06/2003	15/07/2003	Dutch	PDF

View all 39 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JDC GROEP0739.849.088Represented by Corswarem Dirk	Managing director01/07/2024 → 30/06/2030
GROEP ADC0889.701.717Represented by Dirk Corswarem	Managing director28/06/2019 → 29/11/2029Director28/06/2019 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
An Corswarem	Director03/06/2019 → 2023 accountsManaging director03/06/2019 → 2019 accounts
Dirk Corswarem	Managing directorlisted until the 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2012
KAPITAAL - AANDELEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

JDC GROEP

GROEP ADC

An Corswarem

Dirk Corswarem

Jolien Corswarem

Marie Butenaers

Roger Corswarem

Roger Corswarem - Butenaers

1988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

RAMENCONSTRUCTIE CORSWAREM

Vrijheidweg 1, 3700 Tongeren-Borgloon

Managing director

Managing directorDirector

DirectorManaging director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Vrijheidweg 1, 3700 Tongeren-BorgloonCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00163031

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
RAMENCONSTRUCTIE CORSWAREMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00163031

Events

2025
Annual accounts 2025691,1 k €↓
2024
Annual accounts 20241,9 M €↓
2023
Annual accounts 20232,6 M €↑
2022
Annual accounts 20222,4 M €↑
2021
Annual accounts 20211,4 M €↑
2020
Annual accounts 20201,2 M €↓
2019
Annual accounts 20191,4 M €↓
2018
Annual accounts 20181,5 M €↑
2017
Annual accounts 2017906,8 k €↑
2016
Annual accounts 2016500,1 k €↓
2015
Annual accounts 2015763,5 k €↑
2014
Annual accounts 2014282,3 k €↓
2013
Annual accounts 2013705,7 k €↑
2012
Annual accounts 2012535,1 k €↓
2011
Annual accounts 20111,9 M €↑
2010
Annual accounts 2010706,6 k €↓
2009
Annual accounts 2009752,6 k €↓
2008
Annual accounts 20081 M €↑
2007
Annual accounts 2007901,7 k €↑
2006
Annual accounts 2006468,6 k €
13/05/1988
IncorporationPublic limited company

RAMENCONSTRUCTIE CORSWAREM

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

Registered offices

Company names

Events