ACTIVE

REALED

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
17,4 k €
-88.5% YoY
Gross margin
379,8 k €
-25.8% YoY
Equity
313,3 k €
+2.4% YoY
Workforce
4,8 ETP
+4.3% YoY

What does REALED do?

REALED is a Private limited company incorporated in 2020. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Waregem. It employs on average 4,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0740.675.766
Incorporation
02/01/2020
Legal form
Private limited company
Registered office
Liebaardstraat 194
8791 Waregem · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy71209Technical testing and analysis71209Technical testing and analysis71209Technical testing and analysis71209Technical testing and analysis+4
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin379,8 k €512,2 k €456,3 k €342,8 k €292,7 k €
EBITDA82,5 k €273,9 k €258,8 k €195,2 k €188 k €
Operating result46,1 k €208,6 k €228,3 k €168,7 k €171,3 k €
Net result17,4 k €150,6 k €166,5 k €125,6 k €123,2 k €
Balance sheet
Equity313,3 k €305,9 k €163,6 k €400,6 k €275 k €
Total assets483,9 k €1 M €688,3 k €515,2 k €406,3 k €
Cash157,7 k €223,6 k €170,8 k €357,8 k €263,5 k €
Debts170,6 k €708,1 k €524,7 k €114,6 k €131,3 k €
Other
Workforce4,8 ETP4,6 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 5 ended

Active mandates

Hannecart

Director · since 29 décembre 2025 · 1012.964.169

Represented by Vincent Vandeputte

Active
JMC-Z

Director · since 29 décembre 2025 · 0809.591.494

Represented by Maarten Zwaenepoel

Active
AFINO

Director · since 01 juillet 2025 · until 29 décembre 2025 · 1024.606.347

Represented by Francis Dendas

Active
CRMCR

Director · since 01 juillet 2025 · 1024.606.545

Represented by Jensie Roelant

Active
Studibo Belgium

Director · since 01 juillet 2025 · 0789.522.689

Represented by Karel Verhaeghe

Active
Francis Dendas

Director · since 02 janvier 2020 · until 01 juillet 2025

Active
Jensie Roelant

Director · since 02 janvier 2020 · until 01 juillet 2025

Active

Ended mandates

Francis Dendas

Director · since 20 mai 2020

Ended
Francis Dendas

Director · since 02 janvier 2020

Ended
Jensie Roelant

Director · since 02 janvier 2020

Ended
Francis Dendas

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202604/06/202508/07/202412/09/202313/06/202223/07/2021
General meeting16/06/202630/05/202505/06/202423/08/202327/05/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202624/06/2026DutchPDF
Abridged model31/12/202430/05/202504/06/2025DutchPDF
Micro model31/12/202305/06/202408/07/2024DutchPDF
Micro modelCorrection31/12/202223/08/202312/09/2023DutchPDF
Micro model31/12/202223/08/202323/08/2023DutchPDF
Micro model31/12/202127/05/202213/06/2022DutchPDF
Micro model31/12/202030/06/202123/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

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 · 7 active · 5 ended

Active mandates

Hannecart

Director · since 29 décembre 2025 · 1012.964.169

Represented by Vincent Vandeputte

Active
JMC-Z

Director · since 29 décembre 2025 · 0809.591.494

Represented by Maarten Zwaenepoel

Active
AFINO

Director · since 01 juillet 2025 · until 29 décembre 2025 · 1024.606.347

Represented by Francis Dendas

Active
CRMCR

Director · since 01 juillet 2025 · 1024.606.545

Represented by Jensie Roelant

Active
Studibo Belgium

Director · since 01 juillet 2025 · 0789.522.689

Represented by Karel Verhaeghe

Active
Francis Dendas

Director · since 02 janvier 2020 · until 01 juillet 2025

Active
Jensie Roelant

Director · since 02 janvier 2020 · until 01 juillet 2025

Active

Ended mandates

Francis Dendas

Director · since 20 mai 2020

Ended
Francis Dendas

Director · since 02 janvier 2020

Ended
Jensie Roelant

Director · since 02 janvier 2020

Ended
Francis Dendas

Director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Restructuring17/02/2026
    DOEL - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/09/2025
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office24/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/11/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/01/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202517,4 k €↓
  2. 2024
    Annual accounts 2024150,6 k €↓
  3. 2023
    Annual accounts 2023166,5 k €↑
  4. 2022
    Annual accounts 2022125,6 k €↑
  5. 2021
    Annual accounts 2021123,2 k €
  6. 02/01/2020
    IncorporationPrivate limited company