ACTIVE

EURORAIL INTERNATIONAL

Financial year 2025 · Closed on 31/12/2025

Net result-103,5 k €-165,6 %over 1 year
Revenue516,9 k €-18,3 %over 1 year
Equity33,1 M €+83,6 %over 1 year
Workforce3,8 ETP-7,3 %over 1 year

Identity

Source · BCE/KBO

EURORAIL INTERNATIONAL is a Public limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Aalst. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0886.188.535
Incorporation
08/01/2007
Legal form
Public limited company
Registered office
Ninovesteenweg 190
9320 Aalst · FlandreSee on map
Contributed capital
35 041 462,82 €
Latest accounts
31/12/2025
Average workforce
3,8 ETP
Joint committees (1)
  • 200
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debts

Financials

Source · NBB, 39 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue516,9 k €633 k €530,2 k €565,9 k €421,8 k €
EBITDA19,9 k €24,3 k €12,5 k €13,3 k €20,8 k €
Operating result19,9 k €24,3 k €12,4 k €12,4 k €16,2 k €
Net result-103,5 k €157,7 k €78,2 k €391,5 k €145,6 k €
Balance sheet
Equity33,1 M €18 M €17,9 M €17,8 M €10,1 M €
Total assets37,3 M €31,8 M €28,5 M €24,9 M €23,1 M €
Cash198,9 k €10,3 k €157,9 k €20,2 k €1,6 k €
Debts4,2 M €13,8 M €10,6 M €7,1 M €12,9 M €
Other
Workforce3,8 ETP4,1 ETP4,1 ETP3,5 ETP3,0 ETP

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 31/12/2025

6 active · 63 ended

Active mandates

Arnaldo MORGANTI

Director · since 25 juillet 2025 · until 10 juin 2031

Active
Eric DEBRAUWERE

Managing director · since 25 juillet 2025 · until 10 juin 2031

Active
Henry POSNER III

Chairman of the board of directors · since 25 juillet 2025 · until 10 juin 2031

Active
John HENSLER

Director · since 25 juillet 2025 · until 10 juin 2031

Active
Marc DE CNIJF

Director · since 25 juillet 2025 · until 10 juin 2031

Active
Markus HUNKEL

Bestuuder · since 25 juillet 2025 · until 10 juin 2031

Active

Ended mandates

CDP CHANTAL BOLLEN & C°,REVISEURS D'ENTREPRISES

Director · since 31 octobre 2023 · until 10 juin 2026 · 0899.718.550

Represented by Chantal BOLLEN

Ended
Arnaldo MORGANTI

Director · since 10 décembre 2019 · until 09 juin 2025

Ended
Arnaldo MORGANTI

Director · since 10 décembre 2019 · until 24 juillet 2025

Ended
Markus HUNKEL

Mandate · since 10 décembre 2019 · until 09 juin 2025

Ended

Other companies at this address

Ninovesteenweg 190 9320 Aalst
CompanyCBE no.
A.B.E.S.● Active
0831.289.901
EF-ACADEMY● Active
0735.712.633
EURORAIL● Active
0443.885.163
0459.300.146
LEAPHY● Active
0711.769.370
RAILLINER● Active
0465.504.978
0468.315.406
RegioRail● Active
0501.943.128

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/08/202629/07/202530/07/202423/10/202329/11/202231/03/2022
General meeting06/08/202624/07/202524/07/202416/10/202315/11/202201/01/9999
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, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202506/08/202621/08/2026DutchPDF
Full model31/12/202424/07/202529/07/2025DutchPDF
Consolidated accounts31/12/2024—27/10/2025DutchPDF
Full model31/12/202324/07/202430/07/2024DutchPDF
Consolidated accounts31/12/202330/09/202411/10/2024DutchPDF
Full model31/12/202216/10/202323/10/2023DutchPDF
Consolidated accounts31/12/202228/11/202311/12/2023DutchPDF
Full model31/12/202115/11/202229/11/2022DutchPDF
Consolidated accounts31/12/202109/12/202223/12/2022DutchPDF
Full model31/12/202028/10/202129/11/2021DutchPDF
Consolidated accounts31/12/202001/01/999931/03/2022DutchPDF
Full model31/12/201931/08/202029/10/2020DutchPDF
Consolidated accounts31/12/201901/01/999931/03/2022DutchPDF
Full modelCorrection31/12/201830/07/201924/08/2020DutchPDF
Full model31/12/201825/06/201927/09/2019DutchPDF
Consolidated accounts31/12/201819/08/201930/10/2019DutchPDF
Full model31/12/201728/11/201817/12/2018DutchPDF
Consolidated accounts31/12/201701/01/999921/12/2018DutchPDF
Full model31/12/201614/07/201717/07/2017DutchPDF
Consolidated accounts31/12/201617/11/201721/09/2018DutchPDF
Full model31/12/201529/07/201629/08/2016DutchPDF
Consolidated accounts31/12/201519/10/201621/10/2016DutchPDF
Full model31/12/201415/07/201531/07/2015DutchPDF
Consolidated accounts31/12/201430/09/201530/10/2015DutchPDF

View all 39 filings

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 31/12/2025

6 active · 63 ended

Active mandates

Arnaldo MORGANTI

Director · since 25 juillet 2025 · until 10 juin 2031

Active
Eric DEBRAUWERE

Managing director · since 25 juillet 2025 · until 10 juin 2031

Active
Henry POSNER III

Chairman of the board of directors · since 25 juillet 2025 · until 10 juin 2031

Active
John HENSLER

Director · since 25 juillet 2025 · until 10 juin 2031

Active
Marc DE CNIJF

Director · since 25 juillet 2025 · until 10 juin 2031

Active
Markus HUNKEL

Bestuuder · since 25 juillet 2025 · until 10 juin 2031

Active

Ended mandates

CDP CHANTAL BOLLEN & C°,REVISEURS D'ENTREPRISES

Director · since 31 octobre 2023 · until 10 juin 2026 · 0899.718.550

Represented by Chantal BOLLEN

Ended
Arnaldo MORGANTI

Director · since 10 décembre 2019 · until 09 juin 2025

Ended
Arnaldo MORGANTI

Director · since 10 décembre 2019 · until 24 juillet 2025

Ended
Markus HUNKEL

Mandate · since 10 décembre 2019 · until 09 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other12/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates24/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/09/2019
    KAPITAAL - AANDELEN
    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 2025-103,5 k €↓
  2. 2024
    Annual accounts 2024157,7 k €↑
  3. 2023
    Annual accounts 202378,2 k €↓
  4. 2022
    Annual accounts 2022391,5 k €↑
  5. 2021
    Annual accounts 2021145,6 k €↑
  6. 2020
    Annual accounts 2020-692,7 k €↓
  7. 2019
    Annual accounts 2019-132,4 k €↑
  8. 2018
    Annual accounts 2018-2,5 M €↓
  9. 2017
    Annual accounts 2017163,2 k €↑
  10. 2016
    Annual accounts 201616,3 k €↓
  11. 2015
    Annual accounts 2015287,2 k €↑
  12. 2014
    Annual accounts 201410,2 k €↓
  13. 2013
    Annual accounts 201396,8 k €↓
  14. 2012
    Annual accounts 20121,2 M €↑
  15. 2011
    Annual accounts 2011112,7 k €↑
  16. 2010
    Annual accounts 2010-724,3 k €↓
  17. 2009
    Annual accounts 200914,3 k €↑
  18. 2008
    Annual accounts 20083 k €↓
  19. 2007
    Annual accounts 2007124,9 k €
  20. 08/01/2007
    IncorporationPublic limited company