RATIONAL BELGIUM
0467.236.429 · rovalta.com · 24/09/2026
ACTIVE
RATIONAL BELGIUM
Financial year 2024 · Closed on 31/12/2024
Net result
1,1 M €
+218,1 %over 1 yearRevenue
20,8 M €
+8,7 %over 1 yearEquity
4,2 M €
+35,3 %over 1 yearWorkforce
47,7 ETP
+6,0 %over 1 yearOverview
Identity
Source · BCE/KBORATIONAL BELGIUM is a Public limited company incorporated in 1999. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 47,7 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0467.236.429
- Incorporation
- 08/11/1999
- Legal form
- Public limited company
- Registered office
- Westpoort 62
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map - Contributed capital
- 862 000,00 €
- Latest accounts
- 31/12/2024
- Average workforce
- 47,7 ETP
Joint committees (4)
- 149
- 14904
- 200
- 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Financials
Source · NBB, 19 filingsTrend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 20,8 M € | +8.7% | 19,1 M € | +3.6% | 18,4 M € | +17.1% | 15,7 M € | +15.4% | 13,6 M € |
| EBITDA | 2 M € | +16.6% | 1,7 M € | +14.8% | 1,5 M € | +32.0% | 1,1 M € | +9.3% | 1 M € |
| Operating result | 1,6 M € | +77.8% | 907,3 k € | +1.2% | 896,4 k € | +11.7% | 802,2 k € | +13.7% | 705,8 k € |
| Net result | 1,1 M € | +218% | 344,5 k € | -11.0% | 387,1 k € | +8.1% | 358,2 k € | +15.9% | 309,1 k € |
| Balance sheet | |||||||||
| Equity | 4,2 M € | +35.3% | 3,1 M € | +12.5% | 2,8 M € | +16.3% | 2,4 M € | +17.8% | 2 M € |
| Total assets | 14,5 M € | +4.7% | 13,9 M € | +9.9% | 12,6 M € | +26.8% | 10 M € | +13.7% | 8,8 M € |
| Cash | 371,2 k € | +628% | 51 k € | -88.5% | 443,6 k € | +23.4% | 359,5 k € | +36.3% | 263,7 k € |
| Debts | 9 M € | -3.5% | 9,3 M € | +12.2% | 8,3 M € | +26.8% | 6,5 M € | +12.8% | 5,8 M € |
| Other | |||||||||
| Workforce | 47,7 ETP | +6.0% | 45,0 ETP | +6.6% | 42,2 ETP | +1.0% | 41,8 ETP | -3.9% | 43,5 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 31/12/20244 active · 28 ended
Active mandates
Active
Johannes Hubertus Nievelstein
ActiveActive
Ended mandates
Other companies at this address
Westpoort 62 2070 Beveren-Kruibeke-Zwijndrecht| Company | CBE no. |
|---|---|
FUJIFILM Healthcare Belgium● Active | 0432.210.125 |
RATIONAL BELGIUM RENTING● Active | 1014.616.733 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/07/2025 | 10/07/2024 | 07/07/2023 | 20/07/2022 | 13/08/2021 | 13/07/2020 |
| General meeting | 13/06/2025 | 14/06/2024 | 09/06/2023 | 30/06/2022 | 30/06/2021 | 12/06/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 13/06/2025 | 09/07/2025 | Dutch | |
| Full model | 31/12/2023 | 14/06/2024 | 10/07/2024 | Dutch | |
| Full model | 31/12/2022 | 09/06/2023 | 07/07/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 20/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 13/08/2021 | Dutch | |
| Full model | 31/12/2019 | 12/06/2020 | 13/07/2020 | Dutch | |
| Full model | 31/12/2018 | 14/06/2019 | 04/07/2019 | Dutch | |
| Full model | 31/12/2017 | 30/08/2018 | 31/08/2018 | Dutch | |
| Full model | 31/12/2016 | 09/06/2017 | 27/06/2017 | Dutch | |
| Full model | 31/12/2015 | 10/06/2016 | 21/06/2016 | Dutch | |
| Full model | 31/12/2014 | 12/06/2015 | 02/07/2015 | Dutch | |
| Full model | 31/12/2013 | 13/06/2014 | 04/07/2014 | Dutch | |
| Full model | 31/12/2012 | 14/06/2013 | 20/08/2013 | Dutch | |
| Full model | 31/12/2011 | 08/06/2012 | 30/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 10/06/2011 | 07/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 11/06/2010 | 01/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 12/06/2009 | 29/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 13/06/2008 | 30/09/2008 | Dutch | |
| Abridged model | 31/12/2006 | 08/06/2007 | 31/08/2007 | Dutch |
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 31/12/20244 active · 28 ended
Active mandates
Active
Johannes Hubertus Nievelstein
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Capital / shares30/03/2026KAPITAAL - AANDELEN
- Mandates02/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates26/09/2025ONTSLAGEN - BENOEMINGEN
- Other20/04/2023DOEL
- Mandates02/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates15/06/2021ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2019ONTSLAGEN - BENOEMINGEN
- Registered office01/02/2017MAATSCHAPPELIJKE ZETEL
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 20241,1 M €↑
- 2023Annual accounts 2023344,5 k €↓
- 2022Annual accounts 2022387,1 k €↑
- 2021Annual accounts 2021358,2 k €↑
- 2020Annual accounts 2020309,1 k €↓
- 2019Annual accounts 2019364 k €↑
- 2018Annual accounts 2018294 k €↑
- 2017Annual accounts 201713,3 k €↑
- 2016Annual accounts 2016-283,7 k €↓
- 2015Annual accounts 2015117,3 k €↓
- 2014Annual accounts 2014246,7 k €↑
- 2013Annual accounts 2013365,2 €↑
- 2012Annual accounts 2012-11,1 k €↓
- 2011Annual accounts 2011124,8 k €↑
- 2010Annual accounts 201023 k €↑
- 2009Annual accounts 2009-193,9 k €↓
- 2008Annual accounts 20086,2 k €↑
- 2007Annual accounts 20076,1 k €↑
- 2006Annual accounts 2006-44,6 k €
- 08/11/1999IncorporationPublic limited company