ACTIVE

RAILWAYS CONSTRUCT

Financial year 2024 · closed on 31/12/2024
Net result
5,8 k €
+210.6% YoY
Gross margin
17,9 k €
+23.0% YoY
Equity
76,5 k €
+8.3% YoY

What does RAILWAYS CONSTRUCT do?

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
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

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 €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Ali Kutlu

Director

Active

Ended mandates

Yusuf Aliosman

Director

Ended
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Ali Kutlu

Director

Active

Ended mandates

Yusuf Aliosman

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/08/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/03/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/03/2021
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/02/2021
    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. 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