Raes Construct
0462.586.169 · rovalta.com · 21/09/2026
ACTIVE
Raes Construct
Financial year 2025 · closed on 31/03/2025
Net result
1,4 M €
-11.4% YoY
Gross margin
3,6 M €
-7.4% YoY
Equity
2,0 M €
+13.4% YoY
Workforce
22,3 ETP
+3.7% YoY
Overview
What does Raes Construct do?
Raes Construct is a Public limited company incorporated in 1998. Its registered office is in Wevelgem. It employs on average 22,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0462.586.169
Incorporation
20/02/1998
Legal form
Public limited company
Registered office
Vlaskapelstraat 6
8560 Wevelgem · FlandreSee on map
8560 Wevelgem · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/03/2025
Average workforce
22,3 ETP
Joint committees (5)
- 124
- 1240
- 200
- 2000
- 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 3,6 M € | -7.4% | 3,9 M € | +79.1% | 2,2 M € | +1.3% | 2,1 M € | +40.9% | 1,5 M € | +3.9% | 1,5 M € | +10.3% | 1,3 M € | – | – | – | – | – | – | – | 2,2 M € | +0.4% | 2,2 M € | +46.8% | 1,5 M € | ||||||||
| EBITDA | 1,7 M € | -15.2% | 2,0 M € | +189% | 707,0 k € | +60.2% | 441,4 k € | +164% | 167,0 k € | +34.6% | 124,1 k € | +28.2% | 96,8 k € | -78.9% | 458,7 k € | +30.3% | 352,1 k € | +2250% | 15,0 k € | +83.6% | 8,2 k € | -0.8% | 8,2 k € | -81.2% | 43,7 k € | -78.9% | 207,0 k € | -72.6% | 754,1 k € | -3.0% | 777,7 k € | +95.9% | 397,0 k € |
| Operating result | 1,7 M € | -16.0% | 2,0 M € | +221% | 621,5 k € | +52.3% | 408,2 k € | +230% | 123,7 k € | +67.9% | 73,7 k € | +78.0% | 41,4 k € | -89.8% | 404,8 k € | +32.8% | 304,7 k € | +1069% | -31,4 k € | -3.8% | -30,3 k € | -51.5% | -20,0 k € | -783% | 2,9 k € | -98.3% | 168,7 k € | -75.8% | 696,7 k € | -0.1% | 697,4 k € | +121% | 315,7 k € |
| Net result | 1,4 M € | -11.4% | 1,6 M € | +194% | 550,5 k € | +29.1% | 426,4 k € | +220% | 133,3 k € | +59.4% | 83,6 k € | -3.4% | 86,6 k € | -73.1% | 322,3 k € | +18.3% | 272,5 k € | +2182% | 11,9 k € | -29.6% | 17,0 k € | -47.1% | 32,1 k € | +3.3% | 31,1 k € | -78.3% | 142,9 k € | -74.1% | 551,8 k € | -13.8% | 639,9 k € | +71.8% | 372,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 2,0 M € | +13.4% | 1,8 M € | +7.3% | 1,6 M € | -17.6% | 2,0 M € | +26.8% | 1,6 M € | -1.1% | 1,6 M € | -4.0% | 1,7 M € | +5.5% | 1,6 M € | +1.4% | 1,5 M € | -1.8% | 1,6 M € | +0.8% | 1,6 M € | +1.1% | 1,5 M € | +2.1% | 1,5 M € | +2.1% | 1,5 M € | +10.7% | 1,3 M € | -25.1% | 1,8 M € | +2.3% | 1,7 M € |
| Total assets | 6,8 M € | +8.1% | 6,3 M € | +71.7% | 3,6 M € | +11.1% | 3,3 M € | +21.2% | 2,7 M € | +20.1% | 2,3 M € | -3.8% | 2,3 M € | +9.5% | 2,1 M € | -16.3% | 2,6 M € | +15.8% | 2,2 M € | +26.5% | 1,7 M € | -13.6% | 2,0 M € | -8.8% | 2,2 M € | +23.9% | 1,8 M € | -5.0% | 1,9 M € | -32.1% | 2,8 M € | +8.6% | 2,5 M € |
| Cash | 387,3 k € | +64.8% | 235,0 k € | +59.7% | 147,2 k € | +34.1% | 109,7 k € | -83.9% | 679,9 k € | -13.4% | 784,9 k € | -33.8% | 1,2 M € | +180% | 423,4 k € | +242% | 123,7 k € | -31.9% | 181,7 k € | +10.3% | 164,7 k € | -18.6% | 202,3 k € | +144% | 83,0 k € | -44.1% | 148,5 k € | -75.5% | 605,3 k € | -13.1% | 696,4 k € | +564% | 105,0 k € |
| Debts | 4,8 M € | +6.1% | 4,5 M € | +124% | 2,0 M € | +55.1% | 1,3 M € | +13.5% | 1,1 M € | +70.1% | 670,5 k € | -3.1% | 692,2 k € | +20.4% | 575,0 k € | -43.3% | 1,0 M € | +62.0% | 626,0 k € | +247% | 180,2 k € | -62.0% | 474,8 k € | -32.3% | 701,0 k € | +135% | 298,6 k € | -43.1% | 525,1 k € | -42.2% | 908,8 k € | +19.1% | 763,3 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 22,3 ETP | +3.7% | 21,5 ETP | +7.0% | 20,1 ETP | -17.3% | 24,3 ETP | +36.5% | 17,8 ETP | 0.0% | 17,8 ETP | +6.0% | 16,8 ETP | +16.7% | 14,4 ETP | -27.3% | 19,8 ETP | -4.8% | 20,8 ETP | +13.0% | 18,4 ETP | -10.2% | 20,5 ETP | +3.5% | 19,8 ETP | -13.2% | 22,8 ETP | +7.0% | 21,3 ETP | -4.1% | 22,2 ETP | +25.4% | 17,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 11 ended
Active mandates
Adelheid Syssauw
ActiveLode RAES
ActiveEnded mandates
Adelheid Syssauw
EndedLode Raes
EndedAdelheid Syssauw
EndedLode Raes
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
ALC Energy● Active | 0790.366.886 |
ETIENNE THEYS● Active | 0406.887.977 |
IMHO● Active | 0429.145.915 |
IMMO RAES● Active | 0440.763.743 |
RS INVEST● Active | 0859.692.093 |
SYRA● Active | 0844.285.426 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/10/2025 | 10/09/2024 | 06/10/2023 | 14/10/2022 | 13/10/2021 | 22/10/2020 |
| General meeting | 09/09/2025 | 10/09/2024 | 12/09/2023 | 13/09/2022 | 14/09/2021 | 30/09/2020 |
| 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 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 09/09/2025 | 01/10/2025 | Dutch | |
| Abridged model | 31/03/2024 | 10/09/2024 | 10/09/2024 | Dutch | |
| Abridged model | 31/03/2023 | 12/09/2023 | 06/10/2023 | Dutch | |
| Abridged model | 31/03/2022 | 13/09/2022 | 14/10/2022 | Dutch | |
| Abridged model | 31/03/2021 | 14/09/2021 | 13/10/2021 | Dutch | |
| Abridged model | 31/03/2020 | 30/09/2020 | 22/10/2020 | Dutch | |
| Abridged model | 31/03/2019 | 30/09/2019 | 29/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 11/09/2018 | 10/10/2018 | Dutch | |
| Abridged model | 31/03/2017 | 30/09/2017 | 19/10/2017 | Dutch | |
| Full model | 31/03/2016 | 30/09/2016 | 28/10/2016 | Dutch | |
| Full model | 31/03/2015 | 08/09/2015 | 08/10/2015 | Dutch | |
| Full model | 31/03/2014 | 09/09/2014 | 29/09/2014 | Dutch | |
| Full model | 31/03/2013 | 10/09/2013 | 03/10/2013 | Dutch | |
| Full model | 31/03/2012 | 11/09/2012 | 09/10/2012 | Dutch | |
| Full model | 31/03/2011 | 13/09/2011 | 29/09/2011 | Dutch | |
| Full model | 31/03/2010 | 14/09/2010 | 13/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 08/09/2009 | 15/09/2009 | Dutch | |
| Abridged model | 31/03/2008 | 22/07/2008 | 19/08/2008 | Dutch | |
| Abridged model | 31/03/2007 | 11/09/2007 | 04/10/2007 | Dutch |
Valuation
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.
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
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 11 ended
Active mandates
Adelheid Syssauw
ActiveLode RAES
ActiveEnded mandates
Adelheid Syssauw
EndedLode Raes
EndedAdelheid Syssauw
EndedLode Raes
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,4 M €↓
- 2024Annual accounts 20241,6 M €↑
- 2023Annual accounts 2023550,5 k €↑
- 2022Annual accounts 2022426,4 k €↑
- 2019Annual accounts 2019133,3 k €↑
- 2018Annual accounts 201883,6 k €↓
- 2017Annual accounts 201786,6 k €↓
- 2016Annual accounts 2016322,3 k €↑
- 2015Annual accounts 2015272,5 k €↑
- 2014Annual accounts 201411,9 k €↓
- 2013Annual accounts 201317,0 k €↓
- 2012Annual accounts 201232,1 k €↑
- 2011Annual accounts 201131,1 k €↓
- 2010Annual accounts 2010142,9 k €↓
- 2009Annual accounts 2009551,8 k €↓
- 2008Annual accounts 2008639,9 k €↑
- 2007Annual accounts 2007372,4 k €
- 20/02/1998IncorporationPublic limited company