ACTIVE

RAIFF CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-37,7 k €

-520.2% YoY

Gross margin

4,8 k €

-39.0% YoY

Equity

700,2 k €

+37.6% YoY

What does RAIFF CONSTRUCT do?

RAIFF CONSTRUCT is a Private limited company incorporated in 1996. Its main activity is: Construction of buildings. Its registered office is in Knokke-Heist.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.570.873

Incorporation

22/03/1996

Legal form

Private limited company

Registered office

Zandstraat 5 box 13
8300 Knokke-Heist · FlandreSee on map

Contributed capital

410 789,35 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43331Floor and wall covering 43331Floor and wall covering 45211Maintenance and repair of motor vehicles 45431Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	4,8 k €	-39.0%	7,8 k €	-87.2%	61,3 k €	+17.4%	52,2 k €	-71.4%	182,5 k €	+583%	26,7 k €	-72.1%	95,6 k €	+501%	15,9 k €	-56.2%	36,3 k €	-33.9%	55,0 k €	+205%	18,0 k €	+269%	4,9 k €	-29.8%	7,0 k €	+1742%	378,0 €	-99.4%	58,4 k €	+142%	-139,0 k €	-177%	181,5 k €	+386%	37,3 k €	+55.0%	24,1 k €
EBITDA	2,9 k €	-60.5%	7,3 k €	-87.6%	58,6 k €	+28.8%	45,5 k €	-74.7%	179,7 k €	+766%	20,8 k €	-78.0%	94,3 k €	+537%	14,8 k €	-7.2%	15,9 k €	-70.7%	54,4 k €	+221%	16,9 k €	+686%	2,2 k €	-66.1%	6,4 k €	+728%	-1,0 k €	-102%	52,7 k €	+137%	-141,1 k €	-178%	180,3 k €	+434%	33,8 k €	+48.1%	22,8 k €
Operating result	-33,9 k €	-698%	-4,2 k €	-109%	49,4 k €	+12.5%	43,9 k €	-74.2%	170,5 k €	+2022%	8,0 k €	-90.7%	86,1 k €	+1611%	5,0 k €	-49.4%	9,9 k €	-80.6%	51,1 k €	+233%	15,4 k €	+2458%	601,0 €	-89.4%	5,7 k €	+660%	-1,0 k €	-102%	52,7 k €	+137%	-141,1 k €	-179%	178,2 k €	+464%	31,6 k €	+53.3%	20,6 k €
Net result	-37,7 k €	-520%	-6,1 k €	-119%	31,7 k €	+7.9%	29,4 k €	-73.8%	112,2 k €	+2731%	4,0 k €	-83.0%	23,4 k €	+1969%	-1,2 k €	-113%	9,4 k €	-81.4%	50,4 k €	+222%	15,6 k €	+13983%	111,0 €	-97.2%	4,0 k €	+348%	-1,6 k €	-103%	47,8 k €	+130%	-158,7 k €	-204%	152,0 k €	+686%	19,3 k €	+331%	4,5 k €
Balance sheet
Equity	700,2 k €	+37.6%	508,9 k €	-1.2%	514,9 k €	+6.6%	483,2 k €	+6.5%	453,8 k €	+32.8%	341,8 k €	+1.2%	337,9 k €	+7.4%	314,5 k €	-0.4%	315,8 k €	+3.1%	306,4 k €	+19.7%	256,0 k €	+6.5%	240,4 k €	+0.0%	240,3 k €	+1.7%	236,2 k €	-0.7%	237,9 k €	+25.2%	190,0 k €	-45.5%	348,7 k €	+49.8%	232,7 k €	+9.1%	213,4 k €
Total assets	868,5 k €	+32.9%	653,7 k €	-29.7%	930,5 k €	+26.8%	733,6 k €	-33.2%	1,1 M €	+49.3%	736,0 k €	-4.5%	770,7 k €	+23.6%	623,4 k €	+24.5%	500,7 k €	+35.4%	369,8 k €	+19.2%	310,3 k €	-3.1%	320,2 k €	+18.1%	271,1 k €	-22.9%	351,7 k €	+4.2%	337,4 k €	-58.5%	812,5 k €	+77.0%	459,0 k €	+44.2%	318,2 k €	+36.5%	233,1 k €
Cash	15,2 k €	+1.1%	15,1 k €	+10.4%	13,6 k €	-18.5%	16,7 k €	-30.7%	24,2 k €	-47.4%	46,0 k €	+134%	19,6 k €	+7.8%	18,2 k €	-35.9%	28,4 k €	+246%	8,2 k €	-61.9%	21,5 k €	+105%	10,5 k €	+31.5%	8,0 k €	-84.2%	50,6 k €	-62.9%	136,3 k €	-69.4%	445,1 k €	+1091%	37,4 k €	+19.4%	31,3 k €	-53.2%	67,0 k €
Debts	168,3 k €	+16.2%	144,8 k €	-64.8%	411,8 k €	+65.5%	248,8 k €	-61.4%	643,8 k €	+63.8%	393,0 k €	-8.8%	430,9 k €	+40.9%	305,8 k €	+65.3%	185,0 k €	+192%	63,3 k €	+16.7%	54,3 k €	-32.0%	79,8 k €	+159%	30,8 k €	-73.3%	115,5 k €	+16.1%	99,4 k €	-84.0%	622,5 k €	+465%	110,2 k €	+28.9%	85,5 k €	+334%	19,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,3 ETP		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Kristian Nobels

Director

Active

Ended mandates

Kristian Nobels

Director · since 22 avril 2022 · until 24 avril 2028

Ended

Kristian Nobels

Director · since 22 avril 2022

Ended

Kristian Nobels

Managing director · since 22 avril 2022

Ended

Lidy Baecke

Director · since 22 avril 2022 · until 24 avril 2028

Ended

At this address

Other companies at this address

Company	CBE no.
Vereniging van Mede-eigenaars Residentie Epos Knokke-Heist(Knokke) Zandstraat 5 en Duindistelstraat● Active	0817.588.551

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro 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	30/08/2026	31/07/2025	19/07/2024	01/09/2023	21/10/2022	31/08/2021
General meeting	31/07/2026	02/07/2025	28/06/2024	28/04/2023	29/04/2022	30/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/07/2026	30/08/2026	Dutch	PDF
Abridged model	31/12/2024	02/07/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	28/04/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	29/04/2022	21/10/2022	Dutch	PDF
Abridged model	31/12/2020	30/04/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	24/04/2020	30/11/2020	Dutch	PDF
Abridged model	31/12/2018	26/04/2019	31/08/2019	Dutch	PDF
Abridged model	31/12/2017	27/04/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/04/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	29/04/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	24/04/2015	30/08/2015	Dutch	PDF
Abridged model	31/12/2013	25/04/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	08/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	29/04/2011	14/09/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/08/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/08/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 15 ended

Active mandates

Kristian Nobels

Director

Active

Ended mandates

Kristian Nobels

Director · since 22 avril 2022 · until 24 avril 2028

Ended

Kristian Nobels

Director · since 22 avril 2022

Ended

Kristian Nobels

Managing director · since 22 avril 2022

Ended

Lidy Baecke

Director · since 22 avril 2022 · until 24 avril 2028

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring09/01/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates27/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2011
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/03/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2007
ONTSLAGEN - BENOEMINGEN
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 2025-37,7 k €↓
2024
Annual accounts 2024-6,1 k €↓
2023
Annual accounts 202331,7 k €↑
2022
Annual accounts 202229,4 k €↓
2021
Annual accounts 2021112,2 k €↑
2019
Annual accounts 20194,0 k €↓
2018
Annual accounts 201823,4 k €↑
2017
Annual accounts 2017-1,2 k €↓
2016
Annual accounts 20169,4 k €↓
2015
Annual accounts 201550,4 k €↑
2014
Annual accounts 201415,6 k €↑
2013
Annual accounts 2013111,0 €↓
2012
Annual accounts 20124,0 k €↑
2011
Annual accounts 2011-1,6 k €↓
2010
Annual accounts 201047,8 k €↑
2009
Annual accounts 2009-158,7 k €↓
2008
Annual accounts 2008152,0 k €↑
2007
Annual accounts 200719,3 k €↑
2006
Annual accounts 20064,5 k €
22/03/1996
IncorporationPrivate 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

RAIFF CONSTRUCT

Overview

What does RAIFF CONSTRUCT do?

Trend over 19 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