Stadsbader Rail
0460.627.462 · rovalta.com · 25/09/2026
ACTIVE
Stadsbader Rail
Financial year 2025 · Closed on 31/12/2025
Net result1,9 M €+9,8 %over 1 year
Revenue22,3 M €+3,0 %over 1 year
Equity5,7 M €+6,9 %over 1 year
Workforce127,2 ETP-3,1 %over 1 year
Overview
Identity
Source · BCE/KBOStadsbader Rail is a Public limited company incorporated in 1997. Its main activity is: Construction of roads and motorways. Its registered office is in Enghien. It employs on average 127,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0460.627.462
- Incorporation
- 07/05/1997
- Legal form
- Public limited company
- Registered office
- Rue des Ateliers(P.E.) 3
7850 Enghien · WallonieSee on map - Contributed capital
- 3 264 750,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 127,2 ETP
Activities (NACE)
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 22,3 M € | +3.0% | 21,6 M € | +16.5% | 18,6 M € | -13.6% | 21,5 M € | -33.6% | 32,4 M € |
| EBITDA | 2,8 M € | -3.0% | 2,9 M € | -9.8% | 3,2 M € | +9.1% | 3 M € | +150% | -5,9 M € |
| Operating result | 1,8 M € | -7.7% | 2 M € | -15.6% | 2,3 M € | -12.0% | 2,6 M € | +125% | -10,4 M € |
| Net result | 1,9 M € | +9.8% | 1,7 M € | -15.0% | 2 M € | -21.2% | 2,5 M € | +124% | -10,4 M € |
| Balance sheet | |||||||||
| Equity | 5,7 M € | +6.9% | 5,3 M € | +47.3% | 3,6 M € | +1.8% | 3,5 M € | +17.3% | 3 M € |
| Total assets | 21,1 M € | +16.3% | 18,1 M € | +1.7% | 17,8 M € | -28.2% | 24,8 M € | -47.9% | 47,7 M € |
| Cash | 442,4 k € | -87.0% | 3,4 M € | +114% | 1,6 M € | -76.2% | 6,7 M € | +1373% | 453,8 k € |
| Debts | 14,5 M € | +19.5% | 12,1 M € | -9.9% | 13,4 M € | -34.2% | 20,4 M € | -31.5% | 29,8 M € |
| Other | |||||||||
| Workforce | 127,2 ETP | -3.1% | 131,3 ETP | -4.4% | 137,3 ETP | -5.8% | 145,7 ETP | -2.3% | 149,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 45 ended
Active mandates
Ended mandates
Other companies at this address
Rue des Ateliers(P.E.) 3 7850 Enghien| Company | CBE no. |
|---|---|
| 0687.686.844 | |
| 0717.883.142 | |
Colas Rail Belgium - Duchêne● Active | 0774.275.180 |
Mobix-Stadsbader Rail● Active | 1038.305.519 |
SSM DUCHENE - EQOS (INFRABEL)● Active | 1008.593.924 |
Financials
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 | 29/05/2026 | 05/05/2025 | 30/04/2024 | 26/04/2023 | 25/05/2022 | 07/06/2021 |
| General meeting | 27/04/2026 | 28/04/2025 | 29/04/2024 | 24/04/2023 | 25/04/2022 | 26/04/2021 |
| 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 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 27/04/2026 | 29/05/2026 | French | |
| Full model | 31/12/2024 | 28/04/2025 | 05/05/2025 | French | |
| Full model | 31/12/2023 | 29/04/2024 | 30/04/2024 | French | |
| Full model | 31/12/2022 | 24/04/2023 | 26/04/2023 | French | |
| Full model | 31/12/2021 | 25/04/2022 | 25/05/2022 | French | |
| Full model | 31/12/2020 | 26/04/2021 | 07/06/2021 | French | |
| Full model | 31/12/2019 | 27/04/2020 | 25/05/2020 | French | |
| Full model | 31/12/2018 | 29/04/2019 | 30/04/2019 | French | |
| Full model | 31/12/2017 | 30/04/2018 | 23/05/2018 | French | |
| Full model | 31/12/2016 | 24/04/2017 | 05/05/2017 | French | |
| Full model | 31/12/2015 | 25/04/2016 | 18/05/2016 | French | |
| Full model | 31/12/2014 | 27/04/2015 | 26/05/2015 | French | |
| Full model | 31/12/2013 | 28/04/2014 | 20/05/2014 | French | |
| Full model | 31/12/2012 | 29/04/2013 | 27/05/2013 | French | |
| Full model | 31/12/2011 | 30/04/2012 | 10/05/2012 | French | |
| Full model | 31/12/2010 | 25/04/2011 | 12/05/2011 | French | |
| Full model | 31/12/2009 | 26/04/2010 | 07/05/2010 | French | |
| Full model | 31/12/2008 | 27/04/2009 | 13/05/2009 | French | |
| Full model | 31/12/2007 | 28/04/2008 | 29/04/2008 | French | |
| Full model | 31/12/2006 | 23/04/2007 | 14/05/2007 | French |
Valuation
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.
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 31/12/20253 active · 45 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates10/07/2026DEMISSIONS, NOMINATIONS
- Mandates13/02/2026DEMISSIONS, NOMINATIONS
- Mandates19/11/2025DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates24/03/2025DEMISSIONS, NOMINATIONS
- Mandates27/12/2024DENOMINATION - DIVERS
- Mandates22/11/2024DEMISSIONS, NOMINATIONS
- Mandates12/06/2023DEMISSIONS, NOMINATIONS
- Mandates03/01/2023DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,9 M €↑
- 2024Annual accounts 20241,7 M €↓
- 2024Name changeStadsbader Rail NV
- 2023Annual accounts 20232 M €↓
- 2022Annual accounts 20222,5 M €↑
- 2022Name changeEQOS Energie Belgium NV
- 2021Annual accounts 2021-10,4 M €↓
- 2021Name changeCOLAS RAIL Belgium
- 2020Annual accounts 2020-8,4 M €↓
- 2019Annual accounts 2019837,2 k €↑
- 2018Annual accounts 2018437,4 k €↑
- 2017Annual accounts 2017300 k €↑
- 2016Annual accounts 201663,7 k €↑
- 2015Annual accounts 2015102 €↓
- 2014Annual accounts 2014708 k €↑
- 2013Annual accounts 2013384,7 k €↓
- 2012Annual accounts 2012412,8 k €↑
- 2011Annual accounts 2011379,7 k €↓
- 2010Annual accounts 2010380 k €↓
- 2009Annual accounts 2009502,2 k €↓
- 2008Annual accounts 2008629,5 k €↓
- 2007Annual accounts 2007838 k €↑
- 2006Annual accounts 2006174,4 k €
- 07/05/1997IncorporationPublic limited company