RAILNOVA
0830.364.144 · rovalta.com · 22/09/2026
ACTIVE
RAILNOVA
Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+19.1% YoY
Gross margin
6,3 M €
+2.7% YoY
Equity
6,9 M €
+1.3% YoY
Workforce
26,4 ETP
-7.0% YoY
Overview
What does RAILNOVA do?
RAILNOVA is a Public limited company incorporated in 2010. Its main activity is: Service activities incidental to land transportation. Its registered office is in Saint-Gilles. It employs on average 26,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.364.144
Incorporation
18/10/2010
Legal form
Public limited company
Registered office
Rue Emile Feron 153
1060 Saint-Gilles · BruxellesSee on map
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
3 141 140,11 €
Latest accounts
31/12/2025
Average workforce
26,4 ETP
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 6,3 M € | +2.7% | 6,1 M € | +12.9% | 5,4 M € | +21.5% | 4,5 M € | +39.4% | 3,2 M € | +7.1% | 3 M € | +17.1% | 2,6 M € | +24.0% | 2,1 M € | +28.7% | 1,6 M € | +49.1% | 1,1 M € | -6.4% | 1,1 M € | +67.3% | 687,3 k € | +101% | 341,4 k € | +223% | 105,8 k € | +247% | 30,5 k € |
| EBITDA | 3,2 M € | +9.2% | 2,9 M € | +27.9% | 2,3 M € | +75.0% | 1,3 M € | +20.2% | 1,1 M € | +70.5% | 640,2 k € | -13.9% | 743,4 k € | +35.6% | 548,4 k € | +116% | 253,7 k € | -6.8% | 272,3 k € | -28.3% | 379,7 k € | +17.3% | 323,6 k € | +127% | 142,8 k € | +478% | -37,8 k € | -21.6% | -31 k € |
| Operating result | 1,5 M € | +12.3% | 1,3 M € | +46.8% | 891,7 k € | +2561% | -36,2 k € | -111% | 336,7 k € | +488% | -86,7 k € | -245% | 59,9 k € | +32.6% | 45,1 k € | +170% | -64,9 k € | -212% | 57,7 k € | -68.5% | 183,3 k € | +20.9% | 151,6 k € | +772% | 17,4 k € | +119% | -92,9 k € | -193% | -31,7 k € |
| Net result | 1,5 M € | +19.1% | 1,3 M € | +50.5% | 840,3 k € | +1058% | -87,7 k € | -130% | 288 k € | +251% | 82,1 k € | -66.8% | 247 k € | -20.1% | 309,1 k € | +393% | 62,6 k € | -55.5% | 140,8 k € | -44.4% | 253,5 k € | +19.2% | 212,7 k € | +121% | 96,4 k € | +304% | -47,2 k € | -39.2% | -33,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 6,9 M € | +1.3% | 6,8 M € | +23.0% | 5,5 M € | +18.0% | 4,7 M € | -1.8% | 4,8 M € | +6.5% | 4,5 M € | -2.3% | 4,6 M € | +185% | 1,6 M € | -1.6% | 1,6 M € | +52.0% | 1,1 M € | +38.8% | 771,8 k € | +48.4% | 520,3 k € | +102% | 257 k € | +77.3% | 144,9 k € | +40.7% | 103 k € |
| Total assets | 9,6 M € | +18.7% | 8,1 M € | +17.3% | 6,9 M € | +11.5% | 6,2 M € | -1.7% | 6,3 M € | +4.8% | 6 M € | +4.8% | 5,7 M € | +79.1% | 3,2 M € | +7.8% | 3 M € | +63.0% | 1,8 M € | +13.2% | 1,6 M € | +104% | 786,7 k € | +53.1% | 513,8 k € | +14.0% | 450,7 k € | +70.9% | 263,8 k € |
| Cash | 4 M € | +124% | 1,8 M € | +7.5% | 1,7 M € | +27.8% | 1,3 M € | -47.0% | 2,5 M € | -14.0% | 2,9 M € | -12.3% | 3,3 M € | +342% | 740,3 k € | -11.1% | 833 k € | +232% | 250,6 k € | -74.2% | 970,5 k € | +344% | 218,8 k € | +358% | 47,8 k € | -25.9% | 64,4 k € | -28.6% | 90,3 k € |
| Debts | 2,5 M € | +207% | 826 k € | -21.8% | 1,1 M € | -9.5% | 1,2 M € | -3.4% | 1,2 M € | +15.5% | 1 M € | +7.0% | 977,8 k € | -33.7% | 1,5 M € | +16.7% | 1,3 M € | +81.6% | 695,4 k € | +1.2% | 687,5 k € | +236% | 204,8 k € | -20.3% | 256,9 k € | -16.0% | 305,8 k € | +90.2% | 160,8 k € |
| Other | |||||||||||||||||||||||||||||
| Workforce | 26,4 ETP | -7.0% | 28,4 ETP | -22.6% | 36,7 ETP | -17.2% | 44,3 ETP | +33.0% | 33,3 ETP | +4.1% | 32,0 ETP | +11.9% | 28,6 ETP | +51.3% | 18,9 ETP | +14.5% | 16,5 ETP | +20.4% | 13,7 ETP | -2.1% | 14,0 ETP | +106% | 6,8 ETP | +3.0% | 6,6 ETP | +57.1% | 4,2 ETP | +110% | 2,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 23 ended
Active mandates
Faridh MORALES
ActiveMartin ERTL
ActiveSatheeskaran NAVARATNAM
ActiveMartina Sophie DOMANI
ActiveMeike VAN'T HOEN
ActiveActive
Ended mandates
Martina Sophie Domani
EndedMeike VAN'T HOEN
EndedMaximilian EICHHORN
EndedMaximilian EICHHORN
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Academy Service● Active | 1034.895.275 |
African Art Center● Active | 1032.377.433 |
AGIPSOBE● Active | 1040.741.407 |
a-guérri● Active | 1010.264.007 |
| 1027.857.134 | |
AKAZI● Active | 1014.279.708 |
Angles de Succès● Active | 1025.957.419 |
Aria Pagana Asbl● Active | 0567.717.343 |
asbl Sous Pression● Active | 0718.928.069 |
| 1030.807.518 | |
| 0418.527.581 | |
| 0797.964.956 | |
Atelier Bardaf● Active | 1010.639.832 |
ATLF● Active | 1041.827.411 |
AVANT-GARDE SPORT● Active | 1010.343.090 |
Axcent● Active | 0870.766.228 |
BÂTIR ENSEMBLE● Active | 1030.629.750 |
Belgium Unity asbl● Active | 0734.842.009 |
BOOKUTANI● Active | 1033.534.010 |
Brazil Na Mala● Active | 1035.062.650 |
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 | 27/07/2026 | 02/06/2025 | 29/08/2024 | 25/08/2023 | 30/08/2022 | 20/07/2021 |
| General meeting | 07/05/2026 | 30/04/2025 | 30/04/2024 | 30/05/2023 | 04/05/2022 | 30/04/2021 |
| 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
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 07/05/2026 | 27/07/2026 | French | |
| Abridged model | 31/12/2024 | 30/04/2025 | 02/06/2025 | French | |
| Abridged model | 31/12/2023 | 30/04/2024 | 29/08/2024 | French | |
| Abridged model | 31/12/2022 | 30/05/2023 | 25/08/2023 | French | |
| Abridged model | 31/12/2021 | 04/05/2022 | 30/08/2022 | French | |
| Abridged model | 31/12/2020 | 30/04/2021 | 20/07/2021 | French | |
| Abridged model | 31/12/2019 | 30/04/2020 | 31/08/2020 | French | |
| Abridged model | 31/12/2018 | 12/06/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 13/06/2018 | 01/10/2018 | French | |
| Abridged modelCorrection | 31/12/2016 | 30/05/2018 | 01/10/2018 | French | |
| Abridged model | 31/12/2016 | 14/06/2017 | 28/08/2017 | French | |
| Abridged model | 31/12/2015 | 08/06/2016 | 28/07/2016 | French | |
| Abridged model | 31/12/2014 | 10/06/2015 | 07/09/2015 | French | |
| Abridged model | 31/12/2013 | 11/06/2014 | 16/09/2014 | French | |
| Abridged model | 31/12/2012 | 12/06/2013 | 23/08/2013 | French | |
| Abridged model | 31/12/2011 | 13/06/2012 | 24/07/2012 | French |
Valuation
Estimate
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 23 ended
Active mandates
Faridh MORALES
ActiveMartin ERTL
ActiveSatheeskaran NAVARATNAM
ActiveMartina Sophie DOMANI
ActiveMeike VAN'T HOEN
ActiveActive
Ended mandates
Martina Sophie Domani
EndedMeike VAN'T HOEN
EndedMaximilian EICHHORN
EndedMaximilian EICHHORN
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates09/02/2026DEMISSIONS, NOMINATIONS
- Mandates17/09/2025DEMISSIONS, NOMINATIONS
- Capital / shares04/08/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS
- Mandates24/09/2024DEMISSIONS, NOMINATIONS
- Mandates16/07/2024DEMISSIONS, NOMINATIONS
- Mandates16/11/2022DEMISSIONS, NOMINATIONS
- Mandates18/02/2022DEMISSIONS, NOMINATIONS
- Mandates28/06/2021DEMISSIONS, NOMINATIONS
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 20251,5 M €↑
- 2024Annual accounts 20241,3 M €↑
- 2023Annual accounts 2023840,3 k €↑
- 2022Annual accounts 2022-87,7 k €↓
- 2021Annual accounts 2021288 k €↑
- 2020Annual accounts 202082,1 k €↓
- 2019Annual accounts 2019247 k €↓
- 2018Annual accounts 2018309,1 k €↑
- 2017Annual accounts 201762,6 k €↓
- 2016Annual accounts 2016140,8 k €↓
- 2015Annual accounts 2015253,5 k €↑
- 2014Annual accounts 2014212,7 k €↑
- 2013Annual accounts 201396,4 k €↑
- 2012Annual accounts 2012-47,2 k €↓
- 2011Annual accounts 2011-33,9 k €
- 18/10/2010IncorporationPublic limited company