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 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
Joint committees (3)
  • 102
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 39 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,4 M €3,8 M €5,3 M €4,6 M €2,9 M €
EBITDA1,1 M €2,7 M €4,3 M €3,5 M €2 M €
Operating result907,1 k €2,5 M €3,5 M €3,3 M €1,9 M €
Net result691,1 k €1,9 M €2,6 M €2,4 M €1,4 M €
Balance sheet
Equity2,2 M €1,6 M €2,4 M €2,3 M €2,4 M €
Total assets3,2 M €2,8 M €4 M €3,4 M €3,3 M €
Cash463,6 k €152 k €230,5 k €499,8 k €226,3 k €
Debts497,3 k €713,8 k €935,5 k €906,2 k €717,3 k €
Other
Workforce18,4 ETP17,4 ETP17,3 ETP17,9 ETP15,7 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 · 22 ended

Active mandates

JDC GROEP

Managing director · since 01 juillet 2024 · until 30 juin 2030 · 0739.849.088

Represented by Corswarem Dirk

Active
GROEP ADC

Managing director · since 30 novembre 2023 · until 29 novembre 2029 · 0889.701.717

Represented by Corswarem An

Active

Ended mandates

An Corswarem

Director · since 30 novembre 2023 · until 29 novembre 2029

Ended
GROEP ADC

Director · since 30 novembre 2023 · until 29 novembre 2029 · 0889.701.717

Represented by Dirk Corswarem

Ended
GROEP ADC

Director · since 28 juin 2019 · until 28 juin 2025 · 0889.701.717

Represented by Dirk Corswarem

Ended
GROEP ADC

Managing director · since 28 juin 2019 · until 28 juin 2025 · 0889.701.717

Represented by Dirk Corswarem

Ended

Other companies at this address

Vrijheidweg 1 3700 Tongeren-Borgloon
CompanyCBE 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
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202611/07/202511/07/202421/06/202306/07/202228/06/2021
General meeting01/06/202602/06/202524/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202616/06/2026DutchPDF
Abridged model31/12/202402/06/202511/07/2025DutchPDF
Abridged model31/12/202324/06/202411/07/2024DutchPDF
Abridged model31/12/202205/06/202321/06/2023DutchPDF
Abridged model31/12/202107/06/202206/07/2022DutchPDF
Abridged model31/12/202007/06/202128/06/2021DutchPDF
Abridged model31/12/201923/06/202007/07/2020DutchPDF
Abridged model31/12/201803/06/201901/07/2019DutchPDF
Abridged model31/12/201704/06/201831/07/2018DutchPDF
Abridged model31/12/201606/06/201731/07/2017DutchPDF
Abridged model31/12/201506/06/201629/06/2016DutchPDF
Abridged model31/12/201401/06/201524/06/2015DutchPDF
Abridged model31/12/201302/06/201430/07/2014DutchPDF
Abridged model31/12/201203/06/201311/07/2013DutchPDF
Abridged model31/12/201104/06/201216/07/2012DutchPDF
Abridged model31/12/201006/06/201118/07/2011DutchPDF
Abridged model31/12/200907/06/201015/07/2010DutchPDF
Abridged model31/12/200802/06/200928/07/2009DutchPDF
Abridged model31/12/200702/06/200822/07/2008DutchPDF
Abridged model31/12/200604/06/200721/06/2007DutchPDF
Abridged model31/12/200505/06/200609/08/2006DutchPDF
Abridged model31/12/200406/06/200514/06/2005DutchPDF
Full model31/12/200322/04/200413/05/2004DutchPDF
Full model31/12/200202/06/200315/07/2003DutchPDF
Full model31/12/200103/06/200203/07/2002DutchPDF
Full modelCorrection31/12/200005/06/200110/12/2001DutchPDF
Full model31/12/200005/06/200128/06/2001DutchPDF
Abridged model31/12/199905/06/200007/08/2000DutchPDF
Abridged model31/12/199807/06/199913/07/1999DutchPDF
Abridged model31/12/199702/06/199812/06/1998Dutch—
Abridged model31/12/199602/06/199717/06/1997Dutch—
Abridged model31/12/199503/06/199605/07/1996Dutch—
Abridged model31/12/199406/06/199524/10/1995Dutch—
Abridged model31/12/199306/06/199419/09/1994Dutch—
Abridged model31/12/199207/06/199301/07/1993Dutch—
Abridged model31/12/199101/06/199215/06/1992Dutch—
Abridged model31/12/199003/06/199128/06/1991Dutch—
Abridged model31/12/198915/06/199025/06/1990Dutch—
Abridged model31/12/198805/06/198926/06/1989Dutch—

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 · 22 ended

Active mandates

JDC GROEP

Managing director · since 01 juillet 2024 · until 30 juin 2030 · 0739.849.088

Represented by Corswarem Dirk

Active
GROEP ADC

Managing director · since 30 novembre 2023 · until 29 novembre 2029 · 0889.701.717

Represented by Corswarem An

Active

Ended mandates

An Corswarem

Director · since 30 novembre 2023 · until 29 novembre 2029

Ended
GROEP ADC

Director · since 30 novembre 2023 · until 29 novembre 2029 · 0889.701.717

Represented by Dirk Corswarem

Ended
GROEP ADC

Director · since 28 juin 2019 · until 28 juin 2025 · 0889.701.717

Represented by Dirk Corswarem

Ended
GROEP ADC

Managing director · since 28 juin 2019 · until 28 juin 2025 · 0889.701.717

Represented by Dirk Corswarem

Ended

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

  1. 2025
    Annual accounts 2025691,1 k €↓
  2. 2024
    Annual accounts 20241,9 M €↓
  3. 2023
    Annual accounts 20232,6 M €↑
  4. 2022
    Annual accounts 20222,4 M €↑
  5. 2021
    Annual accounts 20211,4 M €↑
  6. 2020
    Annual accounts 20201,2 M €↓
  7. 2019
    Annual accounts 20191,4 M €↓
  8. 2018
    Annual accounts 20181,5 M €↑
  9. 2017
    Annual accounts 2017906,8 k €↑
  10. 2016
    Annual accounts 2016500,1 k €↓
  11. 2015
    Annual accounts 2015763,5 k €↑
  12. 2014
    Annual accounts 2014282,3 k €↓
  13. 2013
    Annual accounts 2013705,7 k €↑
  14. 2012
    Annual accounts 2012535,1 k €↓
  15. 2011
    Annual accounts 20111,9 M €↑
  16. 2010
    Annual accounts 2010706,6 k €↓
  17. 2009
    Annual accounts 2009752,6 k €↓
  18. 2008
    Annual accounts 20081 M €↑
  19. 2007
    Annual accounts 2007901,7 k €↑
  20. 2006
    Annual accounts 2006468,6 k €
  21. 13/05/1988
    IncorporationPublic limited company