ACTIVE

RI.PA. BELGIUM

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

965 k €

+424.8% YoY

Revenue

11,6 M €

-17.2% YoY

Equity

3,4 M €

+40.3% YoY

Workforce

18,8 ETP

-16.1% YoY

What does RI.PA. BELGIUM do?

RI.PA. BELGIUM is a Public limited company incorporated in 1989. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Laarne. It employs on average 18,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.663.683

Incorporation

22/12/1989

Legal form

Public limited company

Registered office

Dendermondsesteenweg 60-62
9270 Laarne · FlandreSee on map

Contributed capital

991 574,10 €

Latest accounts

31/12/2025

Average workforce

18,8 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46735Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 46835Wholesale trade, except of motor vehicles and motorcycles 51532Air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	11,6 M €	-17.2%	14 M €	-5.5%	14,9 M €	-7.7%	16,1 M €	+3.6%	15,5 M €	+6.5%	14,6 M €	+5.9%	13,8 M €	-8.5%	15,1 M €	-3.3%	15,6 M €	+10.2%	14,1 M €	-8.4%	15,4 M €	+7.1%	14,4 M €	-3.2%	14,9 M €	-11.6%	16,8 M €	+0.7%	16,7 M €	+16.5%	14,4 M €	-4.9%	15,1 M €	+5.7%	14,3 M €	+12.7%	12,7 M €	+15.3%	11 M €
EBITDA	-320,6 k €	-1289%	27 k €	-94.5%	492,8 k €	+24.8%	394,8 k €	-27.8%	546,8 k €	-31.9%	803,2 k €	+6268%	-13 k €	-105%	266,1 k €	-65.0%	760,5 k €	+89.9%	400,5 k €	-54.8%	886,5 k €	+170%	328,3 k €	+18.7%	276,6 k €	-60.1%	693,7 k €	-7.6%	750,6 k €	+15.3%	651,2 k €	-11.0%	731,8 k €	-1.6%	744,1 k €	+1.9%	730,4 k €	+31.6%	555,1 k €
Operating result	-442 k €	-302%	-110,1 k €	-151%	215,3 k €	+37.1%	157,1 k €	-47.9%	301,4 k €	-13.5%	348,3 k €	+219%	-293,1 k €	-1009%	32,2 k €	-91.4%	375 k €	+410%	73,5 k €	-78.4%	340 k €	+575%	-71,6 k €	+23.7%	-94 k €	-128%	332,5 k €	-1.5%	337,6 k €	+30.0%	259,6 k €	-40.0%	433 k €	-1.4%	439,3 k €	-2.3%	449,5 k €	+34.0%	335,5 k €
Net result	965 k €	+425%	-297,1 k €	-8103%	3,7 k €	-14.6%	4,3 k €	-97.3%	163,7 k €	-23.6%	214,3 k €	+348%	-86,4 k €	-275%	-23 k €	-112%	196,5 k €	+9602%	2 k €	-99.1%	225,6 k €	+228%	-176,7 k €	+1.5%	-179,4 k €	-268%	106,5 k €	+5.7%	100,8 k €	+69.2%	59,6 k €	-68.0%	186 k €	-0.5%	187 k €	-0.3%	187,6 k €	+60.5%	116,9 k €
Balance sheet
Equity	3,4 M €	+40.3%	2,4 M €	-11.0%	2,7 M €	+0.1%	2,7 M €	+0.2%	2,7 M €	+6.5%	2,5 M €	+9.3%	2,3 M €	-3.6%	2,4 M €	-0.5%	2,4 M €	-4.7%	2,5 M €	+0.1%	2,5 M €	+9.8%	2,3 M €	-7.1%	2,5 M €	-6.8%	2,7 M €	+4.2%	2,5 M €	+4.1%	2,4 M €	+2.5%	2,4 M €	+40.4%	1,7 M €	+12.4%	1,5 M €	+14.2%	1,3 M €
Total assets	8,2 M €	+12.5%	7,3 M €	-7.7%	7,9 M €	-12.5%	9 M €	+5.3%	8,5 M €	+2.5%	8,3 M €	-3.9%	8,7 M €	+3.3%	8,4 M €	-0.2%	8,4 M €	-5.2%	8,9 M €	-0.9%	9 M €	+3.5%	8,7 M €	-3.8%	9 M €	+3.6%	8,7 M €	+1.3%	8,6 M €	+8.7%	7,9 M €	+1.9%	7,7 M €	+19.0%	6,5 M €	+6.8%	6,1 M €	+6.5%	5,7 M €
Cash	150 k €	-26.1%	202,9 k €	+23.1%	164,9 k €	+11.1%	148,4 k €	-5.8%	157,5 k €	-44.9%	285,9 k €	-5.3%	301,9 k €	+156%	117,9 k €	-16.3%	140,9 k €	-57.5%	331,5 k €	+9.9%	301,6 k €	+4.6%	288,2 k €	+71.9%	167,7 k €	-52.8%	355,2 k €	-10.0%	394,7 k €	+14.6%	344,5 k €	+47.7%	233,2 k €	-27.9%	323,4 k €	+213%	103,2 k €	-57.7%	244,1 k €
Debts	4,8 M €	-1.2%	4,8 M €	-5.9%	5,1 M €	-18.1%	6,3 M €	+7.6%	5,8 M €	+0.9%	5,8 M €	-8.5%	6,3 M €	+6.4%	5,9 M €	+0.4%	5,9 M €	-6.8%	6,3 M €	-1.4%	6,4 M €	+1.2%	6,4 M €	-2.4%	6,5 M €	+8.6%	6 M €	+1.0%	5,9 M €	+11.3%	5,3 M €	+1.1%	5,3 M €	+10.8%	4,8 M €	+4.5%	4,5 M €	+5.2%	4,3 M €
Other
Workforce	18,8 ETP	-16.1%	22,4 ETP	-9.3%	24,7 ETP	-5.0%	26,0 ETP	+3.6%	25,1 ETP	-6.7%	26,9 ETP	-6.3%	28,7 ETP	+2.5%	28,0 ETP	+1.1%	27,7 ETP	+1.5%	27,3 ETP	+14.2%	23,9 ETP	+0.8%	23,7 ETP	-7.4%	25,6 ETP	+10.3%	23,2 ETP	+3.6%	22,4 ETP	+6.2%	21,1 ETP	-1.9%	21,5 ETP	+3.4%	20,8 ETP	+20.2%	17,3 ETP	+14.6%	15,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

Carlo De Schutter

Director · since 27 juin 2023 · until 23 juin 2029

Active

Ended mandates

Tom DE SCHUTTER

Managing director · since 25 juin 2022 · until 27 juin 2023

Ended

Carlo De Schutter

Managing director · since 30 juin 2016 · until 17 juin 2022

Ended

Carlo De Schutter

Managing director · since 30 juin 2016 · until 30 juin 2022

Ended

TOCATRANS

Director · since 30 juin 2016 · until 30 juin 2022 · 0439.610.235

Represented by CARLO DE SCHUTTER

Ended

At this address

Other companies at this address

Company	CBE no.
GROEP DESCHUTTER● Active	0508.636.623

Annual accounts

Full financial information

	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	01/07/2026	03/07/2025	11/07/2024	11/07/2023	12/07/2022	12/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	10/07/2023	17/06/2022	12/07/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	28/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	10/07/2023	11/07/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	12/07/2022	Dutch	PDF
Full model	31/12/2020	12/07/2021	12/07/2021	Dutch	PDF
Full model	31/12/2019	10/07/2020	27/07/2020	Dutch	PDF
Full model	31/12/2018	29/06/2019	03/07/2019	Dutch	PDF
Full model	31/12/2017	23/06/2018	10/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	01/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	29/08/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	28/08/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	02/07/2013	Dutch	PDF
Full model	31/12/2011	23/06/2012	28/06/2012	Dutch	PDF
Full model	31/12/2010	28/05/2011	07/06/2011	Dutch	PDF
Full model	31/12/2009	26/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	27/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	28/06/2008	22/07/2008	Dutch	PDF
Full model	31/12/2006	25/06/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 1 active · 16 ended

Active mandates

Carlo De Schutter

Director · since 27 juin 2023 · until 23 juin 2029

Active

Ended mandates

Tom DE SCHUTTER

Managing director · since 25 juin 2022 · until 27 juin 2023

Ended

Carlo De Schutter

Managing director · since 30 juin 2016 · until 17 juin 2022

Ended

Carlo De Schutter

Managing director · since 30 juin 2016 · until 30 juin 2022

Ended

TOCATRANS

Director · since 30 juin 2016 · until 30 juin 2022 · 0439.610.235

Represented by CARLO DE SCHUTTER

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates12/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2015
ONTSLAGEN - BENOEMINGEN - DIVERSEN
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 2025965 k €↑
2024
Annual accounts 2024-297,1 k €↓
2023
Annual accounts 20233,7 k €↓
2022
Annual accounts 20224,3 k €↓
2021
Annual accounts 2021163,7 k €↓
2020
Annual accounts 2020214,3 k €↑
2019
Annual accounts 2019-86,4 k €↓
2018
Annual accounts 2018-23 k €↓
2017
Annual accounts 2017196,5 k €↑
2016
Annual accounts 20162 k €↓
2015
Annual accounts 2015225,6 k €↑
2014
Annual accounts 2014-176,7 k €↑
2013
Annual accounts 2013-179,4 k €↓
2012
Annual accounts 2012106,5 k €↑
2011
Annual accounts 2011100,8 k €↑
2010
Annual accounts 201059,6 k €↓
2009
Annual accounts 2009186 k €↓
2008
Annual accounts 2008187 k €↓
2007
Annual accounts 2007187,6 k €↑
2006
Annual accounts 2006116,9 k €
22/12/1989
IncorporationPublic 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

RI.PA. BELGIUM

Overview

What does RI.PA. BELGIUM do?

Trend over 20 financial years

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