Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
RAILWAYS CONSTRUCT from Mortsel, company number BE0763912711, closed financial year 2024 with a result of € 5,846 after tax. For that financial year RAILWAYS CONSTRUCT recorded a gross margin of € 17,908 and equity of € 76,547. Compared with financial year 2023, the result moved from € 1,883 to € 5,846. 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 December 30, 2025.
€ 76,547
▲ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,846
▲ 211% vs 2023
Profit after tax over the fiscal year.
€ 18,307
▲ € 15,081 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 11,547.
People and assets in 2024
€ 26,169
▼ 22% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 47,084
▲ € 44,282 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,730
▲ 250% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 73,967 | € 50,378 | € 14,554 | € 17,908 | ▲ 23% |
| Profit after taxes | € -37,899 | € 41,717 | € 1,883 | € 5,846 | ▲ 211% |
| Equity | € 27,101 | € 68,818 | € 70,701 | € 76,547 | ▲ 8% |
| Total debts | € 110,629 | € 378,482 | € 330,828 | € 398,086 | ▲ 20% |
| Cash | € 11,139 | € 7,319 | € 3,226 | € 18,307 | ▲ € 15,081 |
| Retained profit | € -37,899 | € 3,818 | € 5,701 | € 11,547 | ▲ 103% |
| Balance sheet total | € 137,729 | € 447,300 | € 401,529 | € 474,633 | ▲ 18% |
Key figures of RAILWAYS CONSTRUCT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RAILWAYS CONSTRUCT?
What happened at RAILWAYS CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 5,846 (▲ 211% vs 2023). filed late Source: NBB ↗
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,899 loss in 2021 to € 5,846 profit in 2024.
Paid € 5,156 in corporate taxes since 2021.
Best year ever: 2022, with € 41,717 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind RAILWAYS CONSTRUCT is Ali Kutlu.
Directors
According to the 2024 annual accounts
Ali Kutlu
Director
Establishments
Establishment units
Physical locations of this company
Statielei 56 box 2
2640 Mortsel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.912.711
- VAT number
- BE 0763.912.711
- Registered office
- Statielei 56 bus 2, 2640 Mortsel
- Names & denominations
- RAILWAYS CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 2021
- Peppol
- Active · Active since 20 May 2026
- Activities · NACE
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