REPAIR & CONSTRUCT
ActiveSummary
REPAIR & CONSTRUCT has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €443,709 and a net result of -€14,357. Equity is shrinking by about 3.1% per year across the filed financial years. Its solvency ranks better than 70% of 823 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · financial year 2025, full format
In the rankings
#3 company by equity in Berlaar, Manufacturing sector#4 company by total assets in Berlaar, Manufacturing sector#7 oldest company in Berlaar, Manufacturing sector
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457706.
Turnover
€245,721▲ 41.6%
2023 · €173,560
EBIT margin
-5.0%▲ 13.3pp
2023 · -18.3%
Net result
-€14,357▲ 23.0%
2024 · -€18,637
Working capital
-€14,727
2024 · €54,452
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €9,295 in 2025 against €12,183 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€245,721
2024
Operating result-€9,295
2025
Net result-€14,357
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€711,017
2025
Equity€443,709
2025
Debt€267,308
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€14,727
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-5.0%
2024
Return on assets (ROA)-2.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency62.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.92
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€303,934-€208,470▼ 31.4%€178,595▼ 14.3%€141,872▼ 20.6%€217,051▲ 53.0%€173,560▼ 20.0%€245,721▲ 41.6%
Operating result€27,852-€29,139▲ 4.6%-€42,334-€10,280▲ 75.7%€27,480-€31,676-€12,183▲ 61.5%-€9,295▲ 23.7%
Net result€11,473-€15,802▲ 37.7%-€49,167below the sector's middle half-€13,483below the sector's middle half▲ 72.6%€10,771below the sector's middle half-€35,022below the sector's middle half-€18,637below the sector's middle half▲ 46.8%-€14,357below the sector's middle half▲ 23.0%
EBIT margin9.2%-14.0%▲ 4.8pp-23.7%▼ 37.7pp-7.2%▲ 16.5pp12.7%▲ 19.9pp-18.3%▼ 30.9pp-5.0%▲ 13.3pp
Equity€550,275-€565,253▲ 2.7%€515,260within the sector's middle half▼ 8.8%€500,952within the sector's middle half▼ 2.8%€511,723within the sector's middle half▲ 2.2%€476,702within the sector's middle half▼ 6.8%€458,065within the sector's middle half▼ 3.9%€443,709below the sector's middle half▼ 3.1%
Total assets€802,927-€822,052▲ 2.4%€746,081within the sector's middle half▼ 9.2%€734,748within the sector's middle half▼ 1.5%€775,469within the sector's middle half▲ 5.5%€742,937below the sector's middle half▼ 4.2%€682,797below the sector's middle half▼ 8.1%€711,017below the sector's middle half▲ 4.1%
Debt€252,652-€256,800▲ 1.6%€230,821▼ 10.1%€233,795▲ 1.3%€263,746▲ 12.8%€266,236▲ 0.9%€224,731▼ 15.6%€267,308▲ 18.9%
Working capital€76,761-€102,439▲ 33.5%€69,427within the sector's middle half▼ 32.2%€64,373below the sector's middle half▼ 7.3%€95,496within the sector's middle half▲ 48.3%€142,004within the sector's middle half▲ 48.7%€54,452below the sector's middle half▼ 61.7%-€14,727below the sector's middle half
Solvency68.5%-68.8%▲ 0.2pp69.1%above the sector's middle half▲ 0.3pp68.2%above the sector's middle half▼ 0.9pp66.0%above the sector's middle half▼ 2.2pp64.2%within the sector's middle half▼ 1.8pp67.1%within the sector's middle half▲ 2.9pp62.4%within the sector's middle half▼ 4.7pp
Current ratio1.81-1.80▼ 0.011.53within the sector's middle half▼ 0.271.40within the sector's middle half▼ 0.131.46within the sector's middle half▲ 0.061.91within the sector's middle half▲ 0.451.41within the sector's middle half▼ 0.500.92below the sector's middle half▼ 0.48
Return on assets (ROA)1.4%-1.9%▲ 0.5pp-6.6%below the sector's middle half▼ 8.5pp-1.8%below the sector's middle half▲ 4.8pp1.4%below the sector's middle half▲ 3.2pp-4.7%below the sector's middle half▼ 6.1pp-2.7%below the sector's middle half▲ 2.0pp-2.0%below the sector's middle half▲ 0.7pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €711,017
Fixed assets
€530,914 ▲ 7.4%
Current assets
€180,103 ▼ 4.4%
Equity and liabilities €711,017
Equity
€443,709 ▼ 3.1%
Debt
€267,308 ▲ 18.9%
Debt's share of the balance-sheet total rises from 32.9% to 37.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22,710▲
2024 · €15,596
Cash flow
€17,648▲
2024 · €9,143
Quick ratio
0.79▼
2024 · 1.20
Debt to equity
0.60▲
2024 · 0.49
ROE
-3.2%▲
2024 · -4.1%
Interest coverage
3.56▲
2024 · 1.94
Debt ≤ 1 year
€194,829▲
2024 · €133,983
Debt > 1 year
€72,479▼
2024 · €90,749
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €303,934 | €208,470 | €178,595 | €141,872 | €217,051 | €173,560 | €245,721 | - | - |
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €125,336 | €195,293 | €227,516 | €221,626 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,362 | €65,922 | €56,985 | €52,209 | €38,245 | €32,269 | €27,779 | €32,005 | ▲ 15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €421 | €777 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €6,937 | €5,822 | €6,152 | €6,491 | €6,606 | ▲ 1.8% |
| Gross operating margin9900 | €106,117 | €102,009 | €23,220 | €49,287 | €72,324 | €6,745 | €22,088 | €29,316 | ▲ 32.7% |
| Operating profit (loss)9901 | €27,852 | €29,139 | -€42,334 | -€10,280 | €27,480 | -€31,676 | -€12,183 | -€9,295 | ▲ 23.7% |
| Financial income75/76B | - | - | - | €0 | €2,337 | €1,111 | €1,603 | €1,315 | ▼ 18.0% |
| Recurring financial income75 | €423 | €925 | €987 | €0 | €2,337 | €1,111 | €1,603 | €1,315 | ▼ 18.0% |
| Financial charges65/66B | - | - | - | €8,553 | €9,969 | €4,456 | €8,057 | €6,377 | ▼ 20.8% |
| Recurring financial charges65 | €11,304 | €9,779 | €8,820 | €8,553 | €9,969 | €4,456 | €8,057 | €6,377 | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €16,972 | €20,285 | -€50,167 | -€18,833 | €19,848 | -€35,022 | -€18,637 | -€14,357 | ▲ 23.0% |
| Income taxes67/77 | €5,499 | €4,482 | -€1,000 | -€5,350 | €9,077 | €0 | - | - | - |
| Profit (loss) for the period9904 | €11,473 | €15,802 | -€49,167 | -€13,483 | €10,771 | -€35,022 | -€18,637 | -€14,357 | ▲ 23.0% |
| Transfer from tax-exempt reserves789 | - | - | - | €18,750 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €11,473 | €15,802 | -€49,167 | €5,267 | €10,771 | -€35,022 | -€18,637 | -€14,357 | ▲ 23.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €802,927 | €822,052 | €746,081 | €734,748 | €775,469 | €742,937 | €682,797 | €711,017 | ▲ 4.1% |
| Fixed assets21/28 | €630,960 | €591,673 | €545,992 | €509,282 | €473,434 | €444,789 | €494,362 | €530,914 | ▲ 7.4% |
| Tangible fixed assets22/27 | €242,071 | €202,784 | €157,103 | €120,393 | €84,545 | €55,900 | €36,368 | €72,921 | ▲ 101% |
| Land and buildings22 | - | - | - | €65,141 | €48,856 | €32,570 | €16,285 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €28,898 | €16,707 | €11,721 | €11,846 | €39,499 | ▲ 233% |
| Furniture and vehicles24 | - | - | - | €1,230 | €1,084 | €939 | €2,928 | €3,280 | ▲ 12.0% |
| Other tangible fixed assets26 | - | - | - | €25,125 | €17,898 | €10,670 | €5,309 | €30,142 | ▲ 468% |
| Financial fixed assets28 | €388,889 | €388,889 | €388,889 | €388,889 | €388,889 | €388,889 | €457,994 | €457,994 | = |
| Current assets29/58 | €171,967 | €230,380 | €200,089 | €225,465 | €302,036 | €298,148 | €188,435 | €180,103 | ▼ 4.4% |
| Stocks and contracts in progress3 | €31,780 | €29,780 | €27,734 | €26,234 | €28,534 | €61,447 | €27,790 | €26,295 | ▼ 5.4% |
| Stocks30/36 | - | - | - | €26,234 | €25,034 | €28,450 | €27,790 | €26,295 | ▼ 5.4% |
| Contracts in progress37 | - | - | - | - | €3,500 | €32,997 | €0 | - | - |
| Amounts receivable within one year40/41 | €120,970 | €165,878 | €130,108 | €159,249 | €160,689 | €180,151 | €115,882 | €120,746 | ▲ 4.2% |
| Trade receivables40 | - | - | - | €91,779 | €97,381 | €131,204 | €55,265 | €23,158 | ▼ 58.1% |
| Other amounts receivable41 | - | - | - | €67,469 | €63,308 | €48,948 | €60,617 | €97,589 | ▲ 61.0% |
| Cash at bank and in hand54/58 | €12,895 | €7,630 | €35,580 | €34,196 | €105,268 | €48,094 | €36,066 | €20,956 | ▼ 41.9% |
| Deferred charges and accrued income490/1 | - | - | - | €5,786 | €7,544 | €8,455 | €8,697 | €12,106 | ▲ 39.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €802,927 | €822,052 | €746,081 | €734,748 | €775,469 | €742,937 | €682,797 | €711,017 | ▲ 4.1% |
| Equity10/15 | €550,275 | €565,253 | €515,260 | €500,952 | €511,723 | €476,702 | €458,065 | €443,709 | ▼ 3.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €414,450 | €429,450 | €429,450 | €415,967 | €426,738 | €414,702 | €396,065 | €381,709 | ▼ 3.6% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €409,767 | €420,538 | €408,502 | €389,865 | €375,509 | ▼ 3.7% |
| Profit (loss) carried forward14 | €73,825 | €73,803 | €23,810 | €22,985 | €22,985 | €0 | - | - | - |
| Amounts payable17/49 | €252,652 | €256,800 | €230,821 | €233,795 | €263,746 | €266,236 | €224,731 | €267,308 | ▲ 18.9% |
| Amounts payable after more than one year17 | €151,361 | €123,232 | €95,036 | €66,773 | €49,641 | €108,091 | €90,749 | €72,479 | ▼ 20.1% |
| Financial debts170/4 | - | - | - | €66,773 | €49,641 | €108,091 | €90,749 | €72,479 | ▼ 20.1% |
| Amounts payable within one year42/48 | €95,206 | €127,940 | €130,662 | €161,093 | €206,539 | €156,144 | €133,983 | €194,829 | ▲ 45.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €28,263 | €17,132 | €35,609 | €42,317 | €46,029 | ▲ 8.8% |
| Trade debts44 | €2,703 | €28,116 | €18,543 | €2,435 | €22,556 | €29,813 | €9,958 | €10,355 | ▲ 4.0% |
| Suppliers440/4 | - | - | - | €2,435 | €22,556 | €29,813 | €9,958 | €10,355 | ▲ 4.0% |
| Taxes, remuneration and social security45 | - | - | - | €8,334 | €15,266 | €9,703 | €8,485 | €5,340 | ▼ 37.1% |
| Taxes450/3 | - | - | - | €8,334 | €15,266 | €9,703 | €8,485 | €5,340 | ▼ 37.1% |
| Other amounts payable47/48 | - | - | - | €122,061 | €151,584 | €81,020 | €73,223 | €133,105 | ▲ 81.8% |
| Accrued charges and deferred income492/3 | - | - | - | €5,929 | €7,566 | €2,000 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,473 | €15,802 | -€49,167 | -€13,483 | €10,771 | -€35,022 | -€18,637 | -€14,357 | ▲ 23.0% |
| + Depreciation and write-downs630 | €72,362 | €65,922 | €56,985 | €52,209 | €38,245 | €32,269 | €27,779 | €32,005 | ▲ 15.2% |
| Operating cash flow (approximation) | €83,835 | €81,725 | €7,817 | €38,726 | €49,016 | -€2,752 | €9,143 | €17,648 | ▲ 93.0% |
| Investment in fixed assets (approximation) | - | -€26,635 | -€11,304 | -€15,499 | -€2,397 | -€3,625 | -€77,352 | -€68,558 | ▲ 11.4% |
| Change in cash | - | -€5,265 | €27,951 | -€1,384 | €71,072 | -€57,174 | -€12,028 | -€15,110 | ▼ 25.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00457706 |
| 31-12-2024 | abbreviated format | 24-07-2025 | 2025-00301919 |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00409442 |
| 31-12-2022 | abbreviated format | 16-08-2023 | 2023-00329488 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20366117 |
| 31-12-2020 | abbreviated format | 10-08-2021 | 2021-47100274 |
| 31-12-2019 | abbreviated format | 27-10-2020 | 2020-63200417 |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-39800252 |
| 31-12-2017 | abbreviated format | 03-07-2018 | 2018-26600270 |
| 31-12-2016 | abbreviated format | 15-06-2017 | 2017-17100492 |
Similar companies · same sector, comparable size
GLOBAL GRINDING
BE 0442.952.874
De Panne · equity €443,988
ARTECH
BE 0480.147.525
Antwerpen · equity €444,122
Baspo Works
BE 0421.004.645
Hasselt · equity €443,094
ADVANCED LOW COST MACHINERIES FOR INDUSTRY
BE 0818.252.012
Charleroi · equity €445,000
DB Diving
BE 0685.776.241
Geraardsbergen · equity €445,303
Of the 3,416 active companies whose main activity is machining of metals (NACE 25530), figures are known for 1,655. 1,303 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.