RXW Group
0505.854.901 · rovalta.com · 23/09/2026
ACTIVE
RXW Group (SA)
Financial year 2025 · closed on 31/12/2025
Net result
-108,3 k €
+64.4% YoY
Gross margin
-140,1 k €
-338.4% YoY
Equity
4,4 M €
-2.4% YoY
Workforce
1,0 ETP
-60.0% YoY
Overview
What does RXW Group do?
RXW Group is a Public limited company incorporated in 2014. Its main activity is: Activities of holding companies. Its registered office is in Sint-Martens-Latem. It employs on average 1,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0505.854.901
Incorporation
28/11/2014
Legal form
Public limited company
Registered office
Kortrijksesteenweg 180 box 3
9830 Sint-Martens-Latem · FlandreSee on map
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
8 753 812,71 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
Solid equityHealthy social debts
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Financials
Trend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||
| Gross margin | -140,1 k € | -338% | -32 k € | +68.7% | -102 k € | -39.0% | -73,4 k € | -114% | 506,9 k € | -92.6% | 6,9 M € | +34603% | -19,9 k € | – | – | – | – | ||||
| EBITDA | -227,5 k € | +3.3% | -235,2 k € | +27.2% | -323 k € | -16.0% | -278,5 k € | -181% | 341,7 k € | -94.9% | 6,7 M € | +1426% | 438,5 k € | +149% | -895,2 k € | -233% | -268,6 k € | -243% | 188,3 k € | -12.0% | 213,9 k € |
| Operating result | -227,5 k € | +3.3% | -235,2 k € | +27.2% | -323 k € | -12.0% | -288,5 k € | -189% | 323,7 k € | -95.2% | 6,7 M € | +1423% | 438,5 k € | +124% | -1,8 M € | -573% | -268,9 k € | -243% | 188 k € | -12.0% | 213,6 k € |
| Net result | -108,3 k € | +64.4% | -304,5 k € | -4.6% | -291,2 k € | -408% | 94,7 k € | -31.5% | 138,2 k € | +103% | -4,9 M € | -56778% | 8,6 k € | +100% | -2 M € | +51.5% | -4,2 M € | -3258% | -123,6 k € | -112% | 1 M € |
| Balance sheet | |||||||||||||||||||||
| Equity | 4,4 M € | -2.4% | 4,5 M € | -6.3% | 4,8 M € | -5.7% | 5,1 M € | +1.9% | 5 M € | +48.5% | 3,4 M € | -59.1% | 8,3 M € | +94.9% | 4,2 M € | -32.2% | 6,3 M € | -39.9% | 10,4 M € | +9.2% | 9,5 M € |
| Total assets | 7,5 M € | -1.3% | 7,6 M € | +5.7% | 7,2 M € | +20.0% | 6 M € | +5.2% | 5,7 M € | +0.0% | 5,7 M € | -51.2% | 11,7 M € | +19.5% | 9,8 M € | -27.8% | 13,5 M € | -18.5% | 16,6 M € | +9.9% | 15,1 M € |
| Cash | 42,3 k € | -58.9% | 102,8 k € | +43.0% | 71,9 k € | -4.4% | 75,2 k € | -71.7% | 265,7 k € | -62.3% | 705,5 k € | +43.4% | 491,9 k € | +511% | 80,6 k € | +296% | 20,3 k € | -31.5% | 29,7 k € | -91.5% | 348,6 k € |
| Debts | 3 M € | +2.1% | 2,9 M € | +23.5% | 2,3 M € | +177% | 845,3 k € | +22.7% | 689 k € | -70.2% | 2,3 M € | -32.5% | 3,4 M € | -37.7% | 5,5 M € | -23.6% | 7,2 M € | +16.7% | 6,2 M € | +11.1% | 5,5 M € |
| Other | |||||||||||||||||||||
| Workforce | 1,0 ETP | -60.0% | 2,5 ETP | -21.9% | 3,2 ETP | -15.8% | 3,8 ETP | -5.0% | 4,0 ETP | +2.6% | 3,9 ETP | -2.5% | 4,0 ETP | -13.0% | 4,6 ETP | -8.0% | 5,0 ETP | – | – | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 21 ended
Active mandates
Active
Active
Active
Active
Active
Thierry Vandenbergh
ActiveEnded mandates
At this address
Other companies at this address
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|---|---|
ADMISOL● Active | 0471.029.822 |
B+INVEST● Active | 0828.301.608 |
B+invest2● Active | 0846.382.012 |
CASA GRANDE● Active | 0479.646.687 |
EPM Pharma Invest● Active | 0538.590.817 |
Fausto Invest● Active | 0846.507.419 |
Fin Experts● Bankrupt | 1009.835.623 |
LES AMIS DE NORBERT● Active | 0540.540.616 |
MAB Consult Europe● Active | 0474.182.322 |
MGX Holding● Active | 0748.498.916 |
Nestor● Active | 0642.970.240 |
Nestor Holding● Active | 0783.395.259 |
Nestor Partners● Active | 1036.111.537 |
PAYROLLER● Active | 0690.862.704 |
PhiDeX Inc.● Active | 0563.943.350 |
VTS Consulting● Active | 0682.595.433 |
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 | 01/01/2025 | 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 | 26/08/2026 | 31/08/2025 | 22/07/2024 | 26/06/2023 | 27/06/2022 | 16/07/2021 |
| General meeting | 29/06/2026 | 29/08/2025 | 28/06/2024 | 26/06/2023 | 27/06/2022 | 30/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/06/2026 | 26/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 29/08/2025 | 31/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 22/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 26/06/2023 | 26/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 27/06/2022 | 27/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 16/07/2021 | Dutch | |
| Abridged modelCorrection | 31/12/2019 | 20/11/2020 | 26/11/2020 | Dutch | |
| Abridged model | 31/12/2019 | 27/08/2020 | 16/11/2020 | Dutch | |
| Full model | 31/12/2018 | 24/06/2019 | 01/08/2019 | Dutch | |
| Full model | 31/12/2017 | 26/06/2018 | 01/08/2018 | Dutch | |
| Full model | 31/12/2016 | 23/06/2017 | 20/07/2017 | Dutch | |
| Full model | 31/12/2015 | 07/07/2016 | 30/08/2016 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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 31/12/2025 · 6 active · 21 ended
Active mandates
Active
Active
Active
Active
Active
Thierry Vandenbergh
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates23/07/2021ONTSLAGEN - BENOEMINGEN
- Restructuring13/07/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Capital / shares30/06/2021KAPITAAL - AANDELEN
- Restructuring14/05/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Mandates02/01/2020MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares05/06/2019KAPITAAL - AANDELEN
- Mandates07/01/2019KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
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 2025-108,3 k €↑
- 2024Annual accounts 2024-304,5 k €↓
- 2023Annual accounts 2023-291,2 k €↓
- 2022Annual accounts 202294,7 k €↓
- 2021Annual accounts 2021138,2 k €↑
- 2020Annual accounts 2020-4,9 M €↓
- 2019Annual accounts 20198,6 k €↑
- 2018Annual accounts 2018-2 M €↑
- 2017Annual accounts 2017-4,2 M €↓
- 2016Annual accounts 2016-123,6 k €↓
- 2015Annual accounts 20151 M €
- 28/11/2014IncorporationPublic limited company