ACTIVE

RAILWAYS CONSTRUCT

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Financial year 2024 · Closed on 31/12/2024

Net result5,8 k €+210,6 %over 1 year
Gross margin17,9 k €+23,0 %over 1 year
Equity76,5 k €+8,3 %over 1 year

Identity

Source · BCE/KBO

RAILWAYS CONSTRUCT is a Public limited company incorporated in 2021. Its main activity is: Construction of railways and underground railways. Its registered office is in Mortsel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0763.912.711
Incorporation
22/02/2021
Legal form
Public limited company
Registered office
Statielei 56 box 2
2640 Mortsel · FlandreSee on map
Contributed capital
65 000,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2024202320222021
Income statement
Gross margin17,9 k €14,6 k €50,4 k €74 k €
EBITDA17,2 k €11,6 k €49,2 k €72,9 k €
Operating result8,8 k €3,4 k €43,1 k €-37,6 k €
Net result5,8 k €1,9 k €41,7 k €-37,9 k €
Balance sheet
Equity76,5 k €70,7 k €68,8 k €27,1 k €
Total assets474,6 k €401,5 k €447,3 k €137,7 k €
Cash18,3 k €3,2 k €7,3 k €11,1 k €
Debts370,5 k €285,8 k €378,5 k €110,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Ali Kutlu
Director

Ended mandates

DirectorMandates in this companyPeriod
Yusuf Aliosman
Director2023 accounts

Full financial information

Source · NBB
2024202320222021
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202222/02/2021
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months11 months
Filing date30/12/202517/01/202531/12/202329/12/2022
General meeting27/06/202528/06/202430/06/202324/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202427/06/202530/12/2025DutchPDF
Micro model31/12/202328/06/202417/01/2025DutchPDF
Micro model31/12/202230/06/202331/12/2023DutchPDF
Micro model31/12/202124/06/202229/12/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Ali Kutlu
Director

Ended mandates

DirectorMandates in this companyPeriod
Yusuf Aliosman
Director2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other04/08/2026
    Adreswijziging
    PDF
  • Mandates13/03/2024
    Zetel (zetelverplaatsing) — Benoemingen - Ontslagen
    PDF
  • Registered office17/03/2021
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/02/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings4 filings
Mandates
Ali Kutlu
Yusuf Aliosman
202120222023202420252026
RAILWAYS CONSTRUCT
Jozef Stormstraat 34, 2660 Hoboken (Antwerp)Montignystraat 47, 2018 Antwerp-2018
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Statielei 56 bte 2, 2640 MortselCurrent
CBE
Jozef Stormstraat 34, 2660 Hoboken (Antwerp)
accounts 2023 → 2024
Accounts 2024 · 2026-00000556
Montignystraat 47, 2018 Antwerp-2018
accounts 2021 → 2022
Accounts 2022 · 2024-00545728

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
RAILWAYS CONSTRUCTCurrent
accounts 2021 → 2024
Accounts 2024 · 2026-00000556

Events

  1. 2024
    Annual accounts 20245,8 k €↑
  2. 2023
    Annual accounts 20231,9 k €↓
  3. 2022
    Annual accounts 202241,7 k €↑
  4. 2021
    Annual accounts 2021-37,9 k €
  5. 22/02/2021
    IncorporationPublic limited company