REAZN BELGIUM
0435.910.674 · rovalta.com · 26/09/2026
ACTIVE
REAZN BELGIUM
Financial year 2025 · Closed on 31/12/2025
Net result6,8 M €+0,0 %over 1 year
Revenue235,8 M €-0,8 %over 1 year
Equity22 M €+35,1 %over 1 year
Workforce76,0 ETP+14,8 %over 1 year
Overview
Identity
Source · BCE/KBOREAZN BELGIUM is a Public limited company incorporated in 1988. Its registered office is in Kruisem. It employs on average 76,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0435.910.674
- Incorporation
- 01/12/1988
- Legal form
- Public limited company
- Registered office
- Industriezone(KRU) 14
9770 Kruisem · FlandreSee on map - Contributed capital
- 4 561 500,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 76,0 ETP
Joint committees (3)
- 14201
- 200
- 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 235,8 M € | -0.8% | 237,7 M € | -0.5% | 239 M € | -13.9% | 277,5 M € | +32.8% | 209 M € |
| EBITDA | 15,6 M € | +4.9% | 14,8 M € | -34.1% | 22,5 M € | +51.8% | 14,8 M € | +90.5% | 7,8 M € |
| Operating result | 10,5 M € | -3.2% | 10,9 M € | -44.4% | 19,5 M € | +48.5% | 13,2 M € | +107% | 6,3 M € |
| Net result | 6,8 M € | +0.0% | 6,8 M € | -54.8% | 15 M € | +35.0% | 11,1 M € | +129% | 4,8 M € |
| Balance sheet | |||||||||
| Equity | 22 M € | +35.1% | 16,3 M € | +28.0% | 12,7 M € | +17.8% | 10,8 M € | +94.2% | 5,6 M € |
| Total assets | 111,7 M € | -4.6% | 117 M € | +21.3% | 96,5 M € | +69.5% | 56,9 M € | +14.1% | 49,9 M € |
| Cash | 157,4 k € | -22.6% | 203,3 k € | -56.2% | 463,9 k € | +183% | 164,1 k € | -91.4% | 1,9 M € |
| Debts | 88,8 M € | -10.7% | 99,5 M € | +21.0% | 82,2 M € | +78.4% | 46,1 M € | +4.0% | 44,3 M € |
| Other | |||||||||
| Workforce | 76,0 ETP | +14.8% | 66,2 ETP | +33.2% | 49,7 ETP | -3.1% | 51,3 ETP | +14.8% | 44,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Financials
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 | 26/05/2026 | 19/05/2025 | 24/05/2024 | 23/05/2023 | 20/07/2022 | 30/04/2021 |
| General meeting | 27/04/2026 | 25/04/2025 | 07/05/2024 | 27/04/2023 | 20/07/2022 | 23/04/2021 |
| 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 freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 27/04/2026 | 26/05/2026 | Dutch | |
| Full model | 31/12/2024 | 25/04/2025 | 19/05/2025 | Dutch | |
| Full model | 31/12/2023 | 07/05/2024 | 24/05/2024 | Dutch | |
| Full model | 31/12/2022 | 27/04/2023 | 23/05/2023 | Dutch | |
| Full model | 31/12/2021 | 20/07/2022 | 20/07/2022 | Dutch | |
| Full model | 31/12/2020 | 23/04/2021 | 30/04/2021 | Dutch | |
| Full model | 31/12/2019 | 07/05/2020 | 15/05/2020 | Dutch | |
| Full model | 31/12/2018 | 25/04/2019 | 06/06/2019 | Dutch | |
| Full model | 31/12/2017 | 04/05/2018 | 14/06/2018 | Dutch | |
| Full model | 31/12/2016 | 27/04/2017 | 16/05/2017 | Dutch | |
| Full model | 31/12/2015 | 16/06/2016 | 29/06/2016 | Dutch | |
| Full model | 31/12/2014 | 18/06/2015 | 22/06/2015 | Dutch | |
| Full model | 31/12/2013 | 19/06/2014 | 23/06/2014 | Dutch | |
| Full model | 31/12/2012 | 20/06/2013 | 24/06/2013 | Dutch | |
| Full model | 31/12/2011 | 12/07/2012 | 06/09/2012 | Dutch | |
| Full model | 31/10/2010 | 14/04/2011 | 14/04/2011 | Dutch | |
| Full model | 31/10/2009 | 08/04/2010 | 15/04/2010 | Dutch | |
| Full model | 31/10/2008 | 09/04/2009 | 06/05/2009 | Dutch | |
| Full model | 31/10/2007 | 20/03/2008 | 22/04/2008 | Dutch | |
| Full model | 31/10/2006 | 12/04/2007 | 11/05/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
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 31/12/2025Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates21/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates12/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates14/05/2025ONTSLAGEN - BENOEMINGEN
- Restructuring19/08/2024KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates21/05/2024ONTSLAGEN - BENOEMINGEN
- Restructuring21/05/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates01/03/2024ONTSLAGEN - BENOEMINGEN
- Mandates01/03/2024ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 27/04/2026reconductionGrant Thornton Bedrijfsrevisoren BV — commissaris
- 2025Annual accounts 20256,8 M €↑
- 25/04/2025reconductionJILAN S.A. — bestuurder
- 25/04/2025reconductionBEDECE BV — bestuurder
- 25/04/2025reconductionVLAMRO BV — bestuurder
- 25/04/2025reconductionEMAL BV — gedelegeerd bestuurder
- 2024Annual accounts 20246,8 M €↓
- 31/01/2024nominationMatthias Burbach — Sales Manager
- 01/01/2024augmentation_capitalREAZN GROUP S.A.
- 2023Annual accounts 202315 M €↑
- 27/04/2023nominationGrant Thornton Bedrijfsrevisoren CVBA — commissaris
- 2022Annual accounts 202211,1 M €↑
- 2021Annual accounts 20214,8 M €↑
- 2020Annual accounts 20201,3 M €↑
- 2019Annual accounts 2019980,3 k €↓
- 2018Annual accounts 20182,2 M €↑
- 2017Annual accounts 20171,9 M €↑
- 2015Annual accounts 20151,5 M €↓
- 2014Annual accounts 20141,9 M €↑
- 2013Annual accounts 20131,7 M €↑
- 2012Annual accounts 20121,6 M €↓
- 2011Annual accounts 20113 M €↓
- 2010Annual accounts 20103,5 M €↑
- 2009Annual accounts 20092,7 M €↓
- 2008Annual accounts 20084 M €↓
- 2007Annual accounts 200711,9 M €↑
- 2006Annual accounts 20068,2 M €
- 01/12/1988IncorporationPublic limited company