ACTIVE

RIFRAN

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Financial year 2025 · closed on 31/12/2025

Net result

440,1 k €

+883.0% YoY

Gross margin

662,2 k €

+471.5% YoY

Equity

980,2 k €

+81.5% YoY

What does RIFRAN do?

RIFRAN is a Private limited company incorporated in 2003. Its main activity is: Sewerage. Its registered office is in Sint-Gillis-Waas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.443.727

Incorporation

30/12/2003

Legal form

Private limited company

Registered office

Klingedijkstraat(SGW) 90
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

37000Sewerage· main 37000Sewerage 90010Performing arts

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	662,2 k €	+472%	115,9 k €	-19.4%	143,8 k €	+32.1%	108,9 k €	+12.0%	97,2 k €	+8.8%	89,3 k €	-81.1%	473,6 k €	+92.0%	246,7 k €	+9.4%	225,5 k €	-4.9%	237 k €	+54.8%	153,1 k €	-37.6%	245,3 k €	+70.6%	143,8 k €	+37.4%	104,7 k €	+9.9%	95,2 k €	-27.4%	131,1 k €	+116%	60,7 k €	+76.0%	34,5 k €	-22.5%	44,5 k €	+36.2%	32,7 k €
EBITDA	643,6 k €	+842%	68,3 k €	-31.9%	100,3 k €	+94.2%	51,7 k €	+11.9%	46,2 k €	-1.0%	46,6 k €	-88.2%	395,1 k €	+95.7%	201,8 k €	+7.8%	187,2 k €	+13.4%	165,1 k €	+72.6%	95,6 k €	-47.7%	183 k €	+72.4%	106,1 k €	+16.5%	91,1 k €	+10.7%	82,3 k €	-28.6%	115,1 k €	+115%	53,6 k €	+70.3%	31,5 k €	-25.1%	42 k €	+39.6%	30,1 k €
Operating result	643,6 k €	+1006%	58,2 k €	-35.8%	90,7 k €	+194%	30,9 k €	+38.4%	22,3 k €	+68.7%	13,2 k €	-96.2%	349,2 k €	+811%	38,3 k €	-57.7%	90,5 k €	+10.8%	81,7 k €	+11.8%	73,1 k €	-45.2%	133,4 k €	+103%	65,6 k €	+36.7%	48 k €	+35.4%	35,4 k €	-44.6%	64 k €	+426%	12,2 k €	+50.2%	8,1 k €	-44.3%	14,6 k €	+160%	5,6 k €
Net result	440,1 k €	+883%	44,8 k €	-18.4%	54,9 k €	+220%	17,1 k €	+287%	4,4 k €	-27.6%	6,1 k €	-97.2%	221,7 k €	+1138%	17,9 k €	-65.8%	52,4 k €	+15.3%	45,5 k €	+18.6%	38,3 k €	-53.0%	81,5 k €	+75.8%	46,4 k €	+34.7%	34,4 k €	+36.0%	25,3 k €	-33.7%	38,1 k €	+491%	6,5 k €	+114%	3 k €	-63.6%	8,3 k €	+122%	3,7 k €
Balance sheet
Equity	980,2 k €	+81.5%	540,1 k €	+9.0%	495,3 k €	+12.5%	440,5 k €	+4.1%	423,3 k €	+1.1%	418,9 k €	+1.5%	412,8 k €	+6.5%	387,5 k €	+4.8%	369,6 k €	+14.4%	323,2 k €	+16.4%	277,7 k €	+16.0%	239,4 k €	+51.6%	157,9 k €	+32.6%	119,1 k €	+28.9%	92,4 k €	+19.8%	77,1 k €	+97.9%	39 k €	+19.9%	32,5 k €	+10.0%	29,6 k €	+36.2%	21,7 k €
Total assets	1 M €	+78.6%	583,5 k €	-2.0%	595,7 k €	+7.2%	555,7 k €	-2.2%	568,4 k €	-3.0%	585,9 k €	-33.4%	879,7 k €	-2.2%	899,2 k €	+12.3%	801 k €	+14.0%	702,5 k €	+9.0%	644,7 k €	+6.7%	604,4 k €	+126%	267,2 k €	+21.8%	219,2 k €	-0.7%	220,9 k €	+19.3%	185,1 k €	+6.8%	173,3 k €	+63.9%	105,8 k €	-10.7%	118,5 k €	+49.0%	79,5 k €
Cash	1 M €	+246%	299,7 k €	+1.8%	294,5 k €	+13.9%	258,5 k €	+0.9%	256,3 k €	+9.3%	234,4 k €	-52.4%	492,5 k €	+61.0%	305,9 k €	+5.0%	291,4 k €	+25.4%	232,4 k €	-3.5%	240,8 k €	-5.8%	255,7 k €	+46.2%	174,9 k €	+41.9%	123,3 k €	+38.0%	89,3 k €	+89.7%	47,1 k €	+107%	22,7 k €	-48.9%	44,5 k €	+133%	19,1 k €	-37.4%	30,4 k €
Debts	61,8 k €	+42.3%	43,4 k €	-56.7%	100,4 k €	-12.9%	115,2 k €	-20.6%	145 k €	-13.1%	167 k €	-64.0%	463,5 k €	-8.6%	507,1 k €	+18.8%	426,8 k €	+13.8%	375,2 k €	+3.4%	363 k €	+0.3%	362 k €	+239%	106,7 k €	+9.7%	97,3 k €	-21.9%	124,6 k €	+21.4%	102,7 k €	-22.7%	132,7 k €	+85.0%	71,8 k €	-18.5%	88 k €	+52.2%	57,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,3 ETP	-7.1%	1,4 ETP	+40.0%	1,0 ETP	+150%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	+300%	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Frank Ringoot

Director · since 16 décembre 2003

Active

Ended mandates

Christoph Ringoot

Manager · since 01 mai 2014

Ended

Christoph Ringoot

Manager

Ended

Frank Ringoot

Director

Ended

Frank Ringoot

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	09/06/2026	03/07/2025	02/07/2024	19/07/2023	10/06/2022	26/07/2021
General meeting	01/06/2026	28/06/2025	29/06/2024	04/05/2023	05/05/2022	06/05/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	09/06/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	03/07/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	02/07/2024	Dutch	PDF
Micro model	31/12/2022	04/05/2023	19/07/2023	Dutch	PDF
Micro model	31/12/2021	05/05/2022	10/06/2022	Dutch	PDF
Micro model	31/12/2020	06/05/2021	26/07/2021	Dutch	PDF
Micro model	31/12/2019	07/05/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	25/04/2019	14/06/2019	Dutch	PDF
Micro modelCorrection	31/12/2017	24/05/2018	14/08/2018	Dutch	PDF
Micro model	31/12/2017	24/05/2018	11/07/2018	Dutch	PDF
Micro model	31/12/2016	25/05/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	23/05/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	24/05/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	06/05/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	22/05/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	24/05/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 4 ended

Active mandates

Frank Ringoot

Director · since 16 décembre 2003

Active

Ended mandates

Christoph Ringoot

Manager · since 01 mai 2014

Ended

Christoph Ringoot

Manager

Ended

Frank Ringoot

Director

Ended

Frank Ringoot

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other14/07/2026
—
PDF
Other16/06/2025
BENAMING
PDF
Mandates11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office28/01/2021
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates26/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/09/2008
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/01/2008
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025440,1 k €↑
2025
Name changeRIFRAN
2024
Annual accounts 202444,8 k €↓
2023
Annual accounts 202354,9 k €↑
2022
Annual accounts 202217,1 k €↑
2021
Annual accounts 20214,4 k €↓
2021
Name changeRuimdienst Ringoot
2020
Annual accounts 20206,1 k €↓
2019
Annual accounts 2019221,7 k €↑
2018
Annual accounts 201817,9 k €↓
2017
Annual accounts 201752,4 k €↑
2016
Annual accounts 201645,5 k €↑
2015
Annual accounts 201538,3 k €↓
2014
Annual accounts 201481,5 k €↑
2013
Annual accounts 201346,4 k €↑
2012
Annual accounts 201234,4 k €↑
2011
Annual accounts 201125,3 k €↓
2010
Annual accounts 201038,1 k €↑
2009
Annual accounts 20096,5 k €↑
2008
Annual accounts 20083 k €↓
2007
Annual accounts 20078,3 k €↑
2006
Annual accounts 20063,7 k €
30/12/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RIFRAN

Overview

What does RIFRAN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline