ACTIVE

RAMHORECA

Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+4.4% YoY
Revenue
35,8 M €
+5.5% YoY
Equity
7,2 M €
+3.9% YoY
Workforce
57,7 ETP
-0.2% YoY

What does RAMHORECA do?

RAMHORECA is a Public limited company incorporated in 1992. Its main activity is: Non-specialised wholesale of food, beverages and tobacco. Its registered office is in Quaregnon. It employs on average 57,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.466.236
Incorporation
15/10/1992
Legal form
Public limited company
Registered office
Rue du Zoning du Brûle 79
7390 Quaregnon · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
57,7 ETP
Joint committees (4)
  • 119
  • 200
  • 201
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue35,8 M €33,9 M €33,4 M €30,7 M €23,7 M €20,7 M €27,2 M €25,3 M €24,3 M €23,9 M €23,3 M €22,7 M €22,7 M €21,5 M €18,9 M €17,7 M €17 M €15,9 M €14,2 M €
EBITDA2,4 M €2,2 M €2,8 M €2,8 M €1,1 M €114 k €1,1 M €1,6 M €978,1 k €1,3 M €1,2 M €1,1 M €790,2 k €496,4 k €283 k €645 k €780,8 k €536,1 k €331,1 k €
Operating result2 M €1,8 M €2,6 M €2,6 M €1,1 M €-131,2 k €685,3 k €1,3 M €691,8 k €1,1 M €899,9 k €764 k €411,7 k €108,6 k €-53 k €473,9 k €629,1 k €404,6 k €214,5 k €
Net result1,5 M €1,4 M €1,9 M €2 M €768,5 k €-139,8 k €432,7 k €941,3 k €534,8 k €665,5 k €561,1 k €644,3 k €479,5 k €66,4 k €-355,3 k €463 k €499,2 k €412,4 k €105 k €
Balance sheet
Equity7,2 M €6,9 M €5,5 M €5,5 M €4,9 M €4,1 M €4,2 M €4,1 M €3,5 M €3,3 M €3,4 M €2,9 M €2,1 M €1,8 M €1,7 M €2,1 M €1,7 M €1,2 M €857,5 k €
Total assets9,7 M €11,3 M €10,1 M €9,9 M €7,4 M €5,9 M €7,2 M €6,4 M €6,3 M €6,5 M €6 M €5,5 M €4,8 M €5,1 M €5,2 M €3,8 M €3,4 M €3 M €2,5 M €
Cash2,7 M €4,4 M €4 M €4,8 M €2,8 M €3,4 M €3,3 M €2,8 M €2,1 M €2,2 M €1,9 M €1,9 M €819,6 k €1 M €1,2 M €911,8 k €1,3 M €775,3 k €569,4 k €
Debts2,5 M €4,4 M €4,6 M €4,3 M €2,5 M €1,7 M €3 M €2,3 M €2,8 M €3,2 M €2,5 M €2,6 M €2,6 M €3,3 M €3,5 M €1,7 M €1,7 M €1,8 M €1,7 M €
Other
Workforce57,7 ETP57,8 ETP57,9 ETP53,6 ETP50,0 ETP54,8 ETP57,2 ETP51,5 ETP45,4 ETP43,5 ETP44,2 ETP43,7 ETP42,8 ETP37,9 ETP35,9 ETP32,6 ETP32,5 ETP32,5 ETP33,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

INITIUM INVEST

Director · since 01 janvier 2025 · 1004.648.794

Represented by DAVID RAMAUT

Active
VALERIE STEPHANIE DENIS

Director · since 28 décembre 2023

Active

Ended mandates

MAGRATHEA

Administrator - manager · since 01 octobre 2014 · 0556.878.285

Represented by DAVID RAMAUT

Ended
MAGRATHEA

Administrator - manager · since 01 octobre 2014 · 0556.878.285

Represented by DAVID RAMAUT

Ended
MICHEL RAMAUT

Manager · since 01 janvier 2013 · until 31 décembre 2013

Ended
MICHEL RAMAUT

Manager · since 01 janvier 2012 · until 31 décembre 2012

Ended
At this address

Other companies at this address

CompanyCBE no.
ETS RAMAUTActive
0452.853.408
Groupe RamautActive
0600.888.472
INITIUM INVESTActive
1004.648.794
MAGRATHEAActive
0556.878.285
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date26/08/202615/09/202523/07/202406/07/202303/01/202304/01/2022
General meeting13/07/202628/08/202518/06/202430/06/202315/11/202204/01/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/07/202626/08/2026FrenchPDF
Full model31/12/202428/08/202515/09/2025FrenchPDF
Full model31/12/202318/06/202423/07/2024FrenchPDF
Full model31/12/202230/06/202306/07/2023FrenchPDF
Full modelCorrection31/12/202115/11/202203/01/2023FrenchPDF
Full model31/12/202115/11/202215/11/2022FrenchPDF
Full model31/12/202004/01/202204/01/2022FrenchPDF
Full model31/12/201929/10/202029/10/2020FrenchPDF
Full model31/12/201818/06/201923/09/2019FrenchPDF
Full modelCorrection31/12/201719/06/201802/01/2019FrenchPDF
Full modelCorrection31/12/201719/06/201828/09/2018FrenchPDF
Full model31/12/201730/08/201831/08/2018FrenchPDF
Full modelCorrection31/12/201620/06/201705/11/2017FrenchPDF
Full model31/12/201620/06/201731/08/2017FrenchPDF
Full model31/12/201521/06/201631/08/2016FrenchPDF
Full model31/12/201402/06/201525/08/2015FrenchPDF
Full model31/12/201303/06/201424/07/2014FrenchPDF
Full model31/12/201204/06/201324/07/2013FrenchPDF
Full model31/12/201105/06/201230/07/2012FrenchPDF
Abridged model31/12/201007/06/201105/08/2011FrenchPDF
Abridged model31/12/200901/06/201029/07/2010FrenchPDF
Abridged model31/12/200802/06/200922/07/2009FrenchPDF
Abridged model31/12/200703/06/200822/07/2008FrenchPDF
Abridged model31/12/200605/06/200706/08/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

INITIUM INVEST

Director · since 01 janvier 2025 · 1004.648.794

Represented by DAVID RAMAUT

Active
VALERIE STEPHANIE DENIS

Director · since 28 décembre 2023

Active

Ended mandates

MAGRATHEA

Administrator - manager · since 01 octobre 2014 · 0556.878.285

Represented by DAVID RAMAUT

Ended
MAGRATHEA

Administrator - manager · since 01 octobre 2014 · 0556.878.285

Represented by DAVID RAMAUT

Ended
MICHEL RAMAUT

Manager · since 01 janvier 2013 · until 31 décembre 2013

Ended
MICHEL RAMAUT

Manager · since 01 janvier 2012 · until 31 décembre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/05/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/12/2015
    SIEGE SOCIAL
    PDF
  • Mandates03/11/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/04/2007
    ADAPTATION DES STATUTS AU CODE DES SOCIETES
    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

Timeline

  1. 2025
    Annual accounts 20251,5 M €
  2. 2024
    Annual accounts 20241,4 M €
  3. 2023
    Annual accounts 20231,9 M €
  4. 2022
    Annual accounts 20222 M €
  5. 2021
    Annual accounts 2021768,5 k €
  6. 2020
    Annual accounts 2020-139,8 k €
  7. 2019
    Annual accounts 2019432,7 k €
  8. 2018
    Annual accounts 2018941,3 k €
  9. 2017
    Annual accounts 2017534,8 k €
  10. 2016
    Annual accounts 2016665,5 k €
  11. 2015
    Annual accounts 2015561,1 k €
  12. 2014
    Annual accounts 2014644,3 k €
  13. 2013
    Annual accounts 2013479,5 k €
  14. 2012
    Annual accounts 201266,4 k €
  15. 2011
    Annual accounts 2011-355,3 k €
  16. 2010
    Annual accounts 2010463 k €
  17. 2009
    Annual accounts 2009499,2 k €
  18. 2008
    Annual accounts 2008412,4 k €
  19. 2007
    Annual accounts 2007105 k €
  20. 15/10/1992
    IncorporationPublic limited company