ACTIVE

RALIG INVEST

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Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+201,6 %over 1 year

Gross margin-7,6 k €-11 754,4 %over 1 year

Equity54,3 M €-1,4 %over 1 year

Identity

Source · BCE/KBO

RALIG INVEST is a Public limited company incorporated in 2007. Its registered office is in Ixelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0893.921.910
Incorporation: 04/12/2007
Legal form: Public limited company
Registered office: Avenue Louise 221 box 4
1050 Ixelles · BruxellesSee on map
Contributed capital: 30 250 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityPositive cashflow

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-7,6 k €	-11754%	-63,8 €	+31.1%	-92,6 €	+94.1%	-1,6 k €	+44.2%	-2,8 k €
EBITDA	-8,6 k €	-730%	-1 k €	+2.0%	-1,1 k €	+57.0%	-2,4 k €	+33.8%	-3,7 k €
Operating result	-8,6 k €	-730%	-1 k €	+2.0%	-1,1 k €	+57.0%	-2,4 k €	+33.8%	-3,7 k €
Net result	1,7 M €	+202%	576 k €	+1.1%	569,6 k €	+247%	164,3 k €	+3529%	-4,8 k €
Balance sheet
Equity	54,3 M €	-1.4%	55 M €	+1.1%	54,5 M €	+0.1%	54,4 M €	-0.7%	54,8 M €
Total assets	55,5 M €	+0.5%	55,3 M €	+0.5%	55 M €	+0.0%	54,9 M €	-1.5%	55,8 M €
Cash	89,5 k €	+311%	21,7 k €	-82.9%	127,3 k €	+23.9%	102,7 k €	+539%	16,1 k €
Debts	1,3 M €	+485%	216 k €	-57.2%	505 k €	-8.2%	550 k €	-45.2%	1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Metin Kandiyoti	Director10/12/2020 → 30/06/2026Managerlisted until the 2020 accountsended
Igal KANDIYOTI	Director10/12/2020 → 30/06/2026
Ralfi Kandiyoti	Director10/12/2020 → 30/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MI INVEST0893.054.056Represented by Metin Kandiyoti	Manager28/11/2007 → 2015 accounts

Other companies at this address

Avenue Louise 221 1050 Ixelles

Company	CBE no.
Admiro● Active	0412.443.010
Amicale du Personnel d'Old England● Active	0409.491.636
Association de l'Avenue Louise● Active	0414.798.922
Association Européenne pour l'Interopérabilité Ferroviaire● Liquidation	0453.973.559
Chemitex● Active	0407.685.456
COTITEX● Active	0473.839.456
IMMO RHODE● Active	0876.321.160
Intercot● Liquidation	0418.417.814
JAYDE● Active	0475.891.601
KF FOUNDATION● Active	0802.348.267
K FINANCE COORDINATION & SERVICES● Active	0448.586.002
K PUURS LOGISTICS● Active	0865.543.371
KREST 2● Active	0846.689.739
KREST 3● Active	0846.683.108
KREST & C°● Active	0782.331.625
KREST REAL ESTATE INVESTMENTS● Active	0834.802.289
KREST UNIT● Active	0663.532.656
KRKA Belgium● Active	0508.714.223
L&E GLOBAL● Active	0832.474.883
L'Union Immobilière● Active	0402.946.413

Full financial information

Source · NBB

	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	03/07/2026	01/07/2025	10/06/2024	04/07/2023	28/07/2022	26/07/2021
General meeting	30/06/2026	16/06/2025	06/06/2024	01/06/2023	21/06/2022	03/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	03/07/2026	French	PDF
Micro model	31/12/2024	16/06/2025	01/07/2025	French	PDF
Micro model	31/12/2023	06/06/2024	10/06/2024	French	PDF
Micro model	31/12/2022	01/06/2023	04/07/2023	French	PDF
Micro modelCorrection	31/12/2021	21/06/2022	28/07/2022	French	PDF
Micro model	31/12/2021	21/06/2022	19/07/2022	French	PDF
Micro model	31/12/2020	03/06/2021	26/07/2021	French	PDF
Abridged model	31/12/2019	04/06/2020	17/07/2020	French	PDF
Abridged model	31/12/2018	06/06/2019	14/06/2019	French	PDF
Abridged model	31/12/2017	07/06/2018	19/06/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	06/06/2017	French	PDF
Abridged model	31/12/2015	02/06/2016	07/06/2016	French	PDF
Abridged model	31/12/2014	04/06/2015	08/06/2015	French	PDF
Abridged model	31/12/2013	05/06/2014	11/06/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	02/07/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	06/07/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	24/06/2011	French	PDF
Abridged model	31/12/2009	03/06/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	04/06/2009	19/06/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Metin Kandiyoti	Director10/12/2020 → 30/06/2026Managerlisted until the 2020 accountsended
Igal KANDIYOTI	Director10/12/2020 → 30/06/2026
Ralfi Kandiyoti	Director10/12/2020 → 30/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MI INVEST0893.054.056Represented by Metin Kandiyoti	Manager28/11/2007 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

25/08/2026
—
PDF
Capital / shares04/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates01/03/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares21/11/2017
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares25/05/2011
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares24/01/2008
CAPITAL, ACTIONS
PDF
Other13/12/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Metin KANDIYOTI

Ralfi Kandiyoti

Igal KANDIYOTI

MI INVEST

20072008200920102011201220132014201520162017201820192020202120222023202420252026

RALIG INVEST

Avenue Louise 221 bte 4, 1050 Ixelles

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Louise 221 bte 4, 1050 IxellesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00248319

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
RALIG INVESTCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00248319

Events

2025
Annual accounts 20251,7 M €↑
01/07/2025
reduction_capital
2024
Annual accounts 2024576 k €↑
2023
Annual accounts 2023569,6 k €↑
2022
Annual accounts 2022164,3 k €↑
2021
Annual accounts 2021-4,8 k €↑
2020
Annual accounts 2020-16,6 k €↓
2019
Annual accounts 2019-9,1 k €↓
2018
Annual accounts 2018-6,2 k €↓
2017
Annual accounts 20174,9 M €↑
2016
Annual accounts 20162,2 M €↑
2015
Annual accounts 2015693,6 k €↑
2014
Annual accounts 201476,3 k €↓
2013
Annual accounts 20132,7 M €↑
2012
Annual accounts 2012951,5 k €↓
2011
Annual accounts 201114,5 M €↑
2010
Annual accounts 2010-8,3 k €↓
2009
Annual accounts 2009-4,5 k €↑
2008
Annual accounts 2008-6,8 k €
04/12/2007
IncorporationPublic limited company

RALIG INVEST

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events