Financials
Financial year 2026
Raes Construct from Wevelgem, company number BE0462586169, closed financial year 2026 with a result of € 2.8 million after tax. For that financial year Raes Construct recorded a gross margin of € 5.6 million and equity of € 2 million. Compared with financial year 2025, the result moved from € 1.4 million to € 2.8 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 21, 2026.
€ 2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.8 million
▲ 94% vs 2025
Profit after tax over the fiscal year.
€ 150,854
▼ 61% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 2.8 million paid out
100 % of the profit went to the shareholders, mostly to RS INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2026
24.6
▲ 2.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 11% vs 2025
€ 83,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 44,803
▼ 35% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 3.5 million
▲ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 948,909
▲ € 785,314 vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 2,159,186 | € 3,866,043 | € 3,581,288 | € 5,649,542 | ▲ 58% |
| Profit after taxes | € 550,453 | € 1,619,530 | € 1,435,277 | € 2,777,832 | ▲ 94% |
| Equity | € 1,637,449 | € 1,756,980 | € 1,992,256 | € 1,995,088 | |
| Total debts | € 2,006,971 | € 4,499,447 | € 4,773,861 | € 7,359,690 | ▲ 54% |
| Cash | € 147,152 | € 234,950 | € 387,255 | € 150,854 | ▼ 61% |
| Land & buildings | € 3,730 | € 236,999 | € 230,115 | € 224,176 | ▼ 3% |
| Retained profit | € 1,562,449 | € 1,681,980 | € 1,917,256 | € 1,920,088 | |
| Dividend | € 900,000 | € 1,500,000 | € 1,200,000 | € 2,775,000 | ▲ 131% |
| Balance sheet total | € 3,644,420 | € 6,256,427 | € 6,766,117 | € 9,354,779 | ▲ 38% |
| Employees (FTE) | 20.1 | 21.5 | 22.3 | 24.6 | ▲ 2.3 |
Key figures of Raes Construct, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Raes Construct?
What happened at Raes Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 2.8 million (▲ 94% vs 2025). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 550,453 profit in 2023 to € 2.8 million profit in 2026.
Paid € 2.3 million in corporate taxes since 2023.
Best year ever: 2026, with € 2.8 million profit.
On average € 229,700 of value added per employee in 2026.
Management
The stake of RS INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Raes ConstructBehind Raes Construct are Adelheid Syssauw and Lode Raes. The shares are held by RS INVEST (99.7%).
Establishments
Establishment units
Physical locations of this company
Vlaskapelstraat 6
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ETIENNE THEYS
€ -35,355 gross margin · 2025
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€ -6,700 gross margin · 2025
IMMO RAES same network
€ 894,118 gross margin · 2025
ALC Energy
€ 22,898 gross margin · 2025
SYRA same network
€ 72,873 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.586.169
- VAT number
- BE 0462.586.169
- Registered office
- Vlaskapelstraat 6, 8560 Wevelgem
- Names & denominations
- Raes Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1998
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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