ACTIVE

Ragolle Rugs

Financial year 2025 · Closed on 31/03/2025

Net result685,2 k €-43,4 %over 1 year
Revenue37 M €+1,4 %over 1 year
Equity16,1 M €-0,0 %over 1 year
Workforce150,7 ETP+6,1 %over 1 year

Identity

Source · BCE/KBO

Ragolle Rugs is a Public limited company incorporated in 2012. Its main activity is: Manufacture of carpets and rugs. Its registered office is in Waregem. It employs on average 150,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.622.505
Incorporation
15/10/2012
Legal form
Public limited company
Registered office
Maalbeekstraat 1
8790 Waregem · FlandreSee on map
Contributed capital
1 200 525,45 €
Latest accounts
31/03/2025
Average workforce
150,7 ETP
Joint committees (2)
  • 120
  • 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 12 filings

Trend over 5 financial years

20252024202320212014
Income statement
Revenue37 M €36,5 M €49,5 M €45,9 M €45,7 M €
EBITDA1,7 M €2,2 M €3 M €4,2 M €2,5 M €
Operating result1,3 M €1,7 M €2,5 M €3,1 M €2 M €
Net result685,2 k €1,2 M €1,1 M €1,8 M €910,9 k €
Balance sheet
Equity16,1 M €16,1 M €16,1 M €16,1 M €13,7 M €
Total assets24,4 M €24,4 M €23,9 M €21,2 M €22,6 M €
Cash2,7 M €2,7 M €1,1 M €1,4 M €3 M €
Debts7,6 M €7,8 M €7,4 M €4,6 M €8,5 M €
Other
Workforce150,7 ETP142,1 ETP148,4 ETP154,5 ETP80,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 23 ended

Active mandates

MARC DESSEIN

Director · since 08 juin 2022 · until 08 juin 2028 · 0834.976.889

Represented by Marc DESSEIN

Active
Philippe Hamers

Director · since 08 juin 2022 · until 08 juin 2028

Active

Ended mandates

MARC DESSEIN

Bestuurder · since 08 juin 2022 · until 08 juin 2028 · 0834.976.889

Represented by Marc Dessein

Ended
Philippe Hamers

Bestuurder · since 08 juin 2022 · until 08 juin 2028

Ended
Bouvelo

Gedelegeerd bestuurder · since 20 novembre 2019 · until 08 juin 2022 · 0542.454.979

Represented by Myriam Ragolle

Ended
Bouvelo

Managing director · since 20 novembre 2019 · until 19 juin 2025 · 0542.454.979

Represented by Myriam Ragolle

Ended

Full financial information

Source · NBB
202520242023202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/03/202531/03/202431/03/202331/12/202131/12/202031/12/2019
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date14/10/202530/09/202406/10/202308/06/202228/06/202116/07/2020
General meeting25/09/202526/09/202428/09/202307/06/202217/06/202118/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202525/09/202514/10/2025DutchPDF
Full model31/03/202426/09/202430/09/2024DutchPDF
Full model31/03/202328/09/202306/10/2023DutchPDF
Full model31/12/202107/06/202208/06/2022DutchPDF
Full model31/12/202017/06/202128/06/2021DutchPDF
Full model31/12/201918/06/202016/07/2020DutchPDF
Full model31/12/201820/06/201925/06/2019DutchPDF
Full model31/12/201721/06/201827/06/2018DutchPDF
Full model31/12/201615/06/201719/06/2017DutchPDF
Full model31/12/201516/06/201608/07/2016DutchPDF
Full model31/12/201418/06/201515/07/2015DutchPDF
Full model31/12/201319/06/201404/07/2014DutchPDF

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.

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 31/03/2025

2 active · 23 ended

Active mandates

MARC DESSEIN

Director · since 08 juin 2022 · until 08 juin 2028 · 0834.976.889

Represented by Marc DESSEIN

Active
Philippe Hamers

Director · since 08 juin 2022 · until 08 juin 2028

Active

Ended mandates

MARC DESSEIN

Bestuurder · since 08 juin 2022 · until 08 juin 2028 · 0834.976.889

Represented by Marc Dessein

Ended
Philippe Hamers

Bestuurder · since 08 juin 2022 · until 08 juin 2028

Ended
Bouvelo

Gedelegeerd bestuurder · since 20 novembre 2019 · until 08 juin 2022 · 0542.454.979

Represented by Myriam Ragolle

Ended
Bouvelo

Managing director · since 20 novembre 2019 · until 19 juin 2025 · 0542.454.979

Represented by Myriam Ragolle

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/08/2026
    ontslag bestuurder
    PDF
  • Mandates15/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025685,2 k €↓
  2. 2024
    Annual accounts 20241,2 M €↑
  3. 2023
    Annual accounts 20231,1 M €↓
  4. 2021
    Annual accounts 20211,8 M €↑
  5. 2014
    Annual accounts 2014910,9 k €
  6. 15/10/2012
    IncorporationPublic limited company