RABAUT CONSTRUCT
ActiveSummary
RABAUT CONSTRUCT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.38M and a net result of €311k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-15
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 39.27 against 44.14 in 2024; short-term debt: 2.2% and cash: 4.2% of total assets), and 8.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.2%
Return on assets
5.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
13 d early
2023
37 d early
2022
28 d early
2021
16 d early
2020
16 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.38M▼ 10.5%
2024 · €6.02M
2018: €4.10Mlowest in 8 years
2019: €4.61M▲ +12.6% vs 2018
2020: €5.05M▲ +9.5% vs 2019
2021: €5.02M▼ -0.7% vs 2020
2022: €4.93M▼ -1.8% vs 2021
2023: €4.91M▼ -0.4% vs 2022
2024: €6.02M▲ +22.6% vs 2023highest in 8 years
2025: €5.38M▼ -10.5% vs 2024
2018 → 2025
Total assets
€5.90M▼ 9.1%
2024 · €6.49M
2018: €5.71M
2019: €5.40M▼ -5.4% vs 2018
2020: €5.32M▼ -1.5% vs 2019lowest in 8 years
2021: €5.97M▲ +12.3% vs 2020
2022: €7.87M▲ +31.7% vs 2021highest in 8 years
2023: €6.18M▼ -21.4% vs 2022
2024: €6.49M▲ +5.0% vs 2023
2025: €5.90M▼ -9.1% vs 2024
2018 → 2025
Net result
€311k▼ 72.1%
2024 · €1.11M
2018: €807k
2019: €519k▼ -35.7% vs 2018
2020: €441k▼ -14.9% vs 2019
2021: €-34k▼ -108% vs 2020
2022: €-91k▼ -168% vs 2021lowest in 8 years
2023: €-19k▲ +79.5% vs 2022
2024: €1.11M▲ +6058% vs 2023highest in 8 years
2025: €311k▼ -72.1% vs 2024
2018 → 2025
Working capital
€5.07M▼ 9.4%
2024 · €5.60M
2018: €3.04Mlowest in 8 years
2019: €3.61M▲ +18.7% vs 2018
2020: €3.97M▲ +10.0% vs 2019
2021: €3.98M▲ +0.2% vs 2020
2022: €3.94M▼ -1.0% vs 2021
2023: €3.99M▲ +1.2% vs 2022
2024: €5.60M▲ +40.2% vs 2023highest in 8 years
2025: €5.07M▼ -9.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.02M-€4.93M▼ 1.8%€4.91M▼ 0.4%€6.02M▲ 22.6%€5.38M▼ 10.5%
2021: €5.02M
2022: €4.93M▼ -1.8% vs 2021
2023: €4.91M▼ -0.4% vs 2022lowest in 5 years
2024: €6.02M▲ +22.6% vs 2023highest in 5 years
2025: €5.38M▼ -10.5% vs 2024
Operating result€-39k-€-40k▼ 2.9%€23k€1.43M▲ 6,150%€382k▼ 73.3%
2021: €-39k
2022: €-40k▼ -2.9% vs 2021lowest in 5 years
2023: €23k▲ +158% vs 2022
2024: €1.43M▲ +6150% vs 2023highest in 5 years
2025: €382k▼ -73.3% vs 2024
Net result€-34k-€-91k▼ 168%€-19k▲ 79.5%€1.11M€311k▼ 72.1%
2021: €-34k
2022: €-91k▼ -168% vs 2021lowest in 5 years
2023: €-19k▲ +79.5% vs 2022
2024: €1.11M▲ +6058% vs 2023highest in 5 years
2025: €311k▼ -72.1% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.90M
Fixed assets
€699k ▼ 8.4%
Current assets
€5.20M ▼ 9.1%
Equity and liabilities €5.90M
Equity
€5.38M ▼ 10.5%
Provisions
€36k =
Debt
€480k ▲ 10.9%
Debt's share of the balance-sheet total rises from 6.7% to 8.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€439k▼
2024 · €1.49M
Cash flow
€368k▼
2024 · €1.17M
Current ratio
39.27▼
2024 · 44.14
Quick ratio
33.78▼
2024 · 37.41
Debt to equity
0.09▲
2024 · 0.07
ROE
5.8%▼
2024 · 18.5%
ROA
5.3%▼
2024 · 17.2%
Interest coverage
86.55▼
2024 · 125.64
Debt ≤ 1 year
€132k▲
2024 · €130k
Income taxes
€140k▼
2024 · €408k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.49M€5.90M▼
Fixed assets21/28€764k€699k▼
Tangible fixed assets22/27€754k€699k▼
Land and buildings22€661k€629k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€91k€69k▼
Financial fixed assets28€10k€0▼
Current assets29/58€5.73M€5.20M▼
Stocks and contracts in progress3€873k€727k▼
Stocks30/36€789k€412k▼
Contracts in progress37€84k€315k▲
Amounts receivable within one year40/41€120k€129k▲
Trade receivables40€28k€64k▲
Other amounts receivable41€92k€66k▼
Current investments50/53€4.60M€4.10M▼
Cash at bank and in hand54/58€132k€245k▲
Deferred charges and accrued income490/1€913€0▼
Equity and liabilities
Total equity and liabilities10/49€6.49M€5.90M▼
Equity10/15€6.02M€5.38M▼
Contributions10/11€1.01M€62k▼
Reserves13€5.01M€5.32M▲
Tax-exempt reserves132€109k€109k=
Distributable reserves133€4.91M€5.21M▲
Profit (loss) carried forward14€-2k€0▲
Provisions and deferred taxes16€36k€36k=
Deferred taxes168€36k€36k=
Amounts payable17/49€433k€480k▲
Amounts payable within one year42/48€130k€132k▲
Trade debts44€22k€21k▼
Suppliers440/4€22k€21k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€71k€84k▲
Taxes450/3€70k€82k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€37k€27k▼
Accrued charges and deferred income492/3€303k€347k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€57k▲
Other operating charges640/8€8k€8k▼
Non-recurring operating charges66A€16k€0▼
Gross operating margin9900€1.51M€447k▼
Operating profit (loss)9901€1.43M€382k▼
Financial income75/76B€117k€74k▼
Recurring financial income75€117k€74k▼
Financial charges65/66B€12k€5k▼
Recurring financial charges65€12k€5k▼
Profit (loss) for the period before taxes9903€1.54M€451k▼
Transfer to deferred taxes680€18k€0▼
Income taxes67/77€408k€140k▼
Profit (loss) for the period9904€1.11M€311k▼
Transfer to tax-exempt reserves689€53k€0▼
Profit (loss) for the period to be appropriated9905€1.06M€311k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.06M€309k▼
Profit (loss) brought forward from the previous period14P-€-2k
Transfer from equity791/2€0€4k▲
Transfer to equity691/2€1.06M€311k▼
To other reserves6921€1.06M€311k▼
Profit to be distributed694/7€2k€1k▼
Directors or managers695€2k€1k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53k | €53k | €43k | €56k | €57k | ▲ 3.1% |
| Other operating charges640/8 | €8k | €6k | €8k | €8k | €8k | ▼ 3.8% |
| Non-recurring operating charges66A | - | - | - | €16k | €0 | ▼ 100% |
| Gross operating margin9900 | €23k | €19k | €74k | €1.51M | €447k | ▼ 70.4% |
| Operating profit (loss)9901 | €-39k | €-40k | €23k | €1.43M | €382k | ▼ 73.3% |
| Financial income75/76B | €17k | €4k | €24k | €117k | €74k | ▼ 36.9% |
| Recurring financial income75 | €17k | €4k | €24k | €117k | €74k | ▼ 36.9% |
| Financial charges65/66B | €12k | €55k | €47k | €12k | €5k | ▼ 57.2% |
| Recurring financial charges65 | €12k | €55k | €47k | €12k | €5k | ▼ 57.2% |
| Profit (loss) for the period before taxes9903 | €-34k | €-91k | €395 | €1.54M | €451k | ▼ 70.7% |
| Transfer to deferred taxes680 | - | - | €19k | €18k | €0 | ▼ 100% |
| Income taxes67/77 | €267 | €296 | €278 | €408k | €140k | ▼ 65.6% |
| Profit (loss) for the period9904 | €-34k | €-91k | €-19k | €1.11M | €311k | ▼ 72.1% |
| Transfer to tax-exempt reserves689 | - | - | €56k | €53k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €-34k | €-91k | €-75k | €1.06M | €311k | ▼ 70.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.97M | €7.87M | €6.18M | €6.49M | €5.90M | ▼ 9.1% |
| Fixed assets21/28 | €1.04M | €984k | €936k | €764k | €699k | ▼ 8.4% |
| Tangible fixed assets22/27 | €1.03M | €974k | €926k | €754k | €699k | ▼ 7.2% |
| Land and buildings22 | €1.02M | €974k | €809k | €661k | €629k | ▼ 4.9% |
| Plant, machinery and equipment23 | - | - | €1k | €1k | €1k | ▼ 11.5% |
| Furniture and vehicles24 | €11k | €0 | €115k | €91k | €69k | ▼ 23.8% |
| Financial fixed assets28 | €10k | €11k | €11k | €10k | €0 | ▼ 100% |
| Current assets29/58 | €4.94M | €6.88M | €5.25M | €5.73M | €5.20M | ▼ 9.1% |
| Stocks and contracts in progress3 | €915k | €2.08M | €76k | €873k | €727k | ▼ 16.7% |
| Stocks30/36 | €915k | €2.08M | €76k | €789k | €412k | ▼ 47.8% |
| Contracts in progress37 | - | - | - | €84k | €315k | ▲ 276% |
| Amounts receivable within one year40/41 | €114k | €28k | €363k | €120k | €129k | ▲ 8.3% |
| Trade receivables40 | €90k | €4k | €257k | €28k | €64k | ▲ 130% |
| Other amounts receivable41 | €25k | €25k | €106k | €92k | €66k | ▼ 28.4% |
| Current investments50/53 | - | - | €1.50M | €4.60M | €4.10M | ▼ 10.9% |
| Cash at bank and in hand54/58 | €3.89M | €4.78M | €3.30M | €132k | €245k | ▲ 85.7% |
| Deferred charges and accrued income490/1 | €13k | €0 | €1k | €913 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.97M | €7.87M | €6.18M | €6.49M | €5.90M | ▼ 9.1% |
| Equity10/15 | €5.02M | €4.93M | €4.91M | €6.02M | €5.38M | ▼ 10.5% |
| Contributions10/11 | €1.01M | €1.01M | €1.01M | €1.01M | €62k | ▼ 93.8% |
| Reserves13 | €4.01M | €3.92M | €3.90M | €5.01M | €5.32M | ▲ 6.1% |
| Non-distributable reserves130/1 | €101k | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €101k | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | €56k | €109k | €109k | = |
| Distributable reserves133 | €3.91M | €3.92M | €3.84M | €4.91M | €5.21M | ▲ 6.3% |
| Profit (loss) carried forward14 | €0 | - | - | €-2k | €0 | ▲ 100% |
| Provisions and deferred taxes16 | - | - | €19k | €36k | €36k | = |
| Deferred taxes168 | - | - | €19k | €36k | €36k | = |
| Amounts payable17/49 | €955k | €2.94M | €1.25M | €433k | €480k | ▲ 10.9% |
| Amounts payable within one year42/48 | €954k | €2.94M | €1.25M | €130k | €132k | ▲ 2.1% |
| Trade debts44 | €4k | €12k | €925 | €22k | €21k | ▼ 2.5% |
| Suppliers440/4 | €4k | €12k | €925 | €22k | €21k | ▼ 2.5% |
| Advances received on contracts in progress46 | €600k | €2.11M | €1.13M | €0 | - | - |
| Taxes, remuneration and social security45 | €127k | €114k | €90k | €71k | €84k | ▲ 18.2% |
| Taxes450/3 | €125k | €113k | €88k | €70k | €82k | ▲ 18.6% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €2k | €2k | = |
| Other amounts payable47/48 | €223k | €705k | €29k | €37k | €27k | ▼ 26.3% |
| Accrued charges and deferred income492/3 | €900 | €950 | €406 | €303k | €347k | ▲ 14.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-34k | €-91k | €-19k | €1.11M | €311k | ▼ 72.1% |
| + Depreciation and write-downs630 | €53k | €53k | €43k | €56k | €57k | ▲ 3.1% |
| Operating cash flow (approximation) | €19k | €-38k | €24k | €1.17M | €368k | ▼ 68.5% |
| Investment in fixed assets (approximation) | - | €-500 | €5k | €117k | €7k | ▼ 93.9% |
| Change in cash | - | €883k | €-1.47M | €-3.17M | €113k | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €1.11M
Net result €1.11M after 3 loss-making years.
31-12
Financial
Liquidity times 11current ratio 44.14
Current ratio from 4.18 to 44.14; short-term debt falls from €1.25M to €130k.
31-12
Financial
Equity above €5MEq €6.02M ▲22.6%
Equity rises from €4.91M to €6.02M.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-91k
Net result drops to €-91k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 15.82
Current ratio from 5.59 to 15.82; short-term debt falls from €788k to €268k.
31-12
Financial
Equity above €5MEq €5.05M ▲9.5%
3 profitable years in a row build equity to €5.05M.
Show earlier events
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Middelkerke · 1 establishment unit since 2001
Ground area
579 m²
Building footprint
157 m²
Volume, LiDAR
1,631 m³
Parcel 35011B0183/00B002, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Duinenweg 353, 8430 Middelkerke
since 20012.101.333.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0183/00B002 | Flanders | 579 m² | 1 · 156 m² | 16.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SAEY BOUWPROMOTIE
BE 0847.353.990
Merelbeke-Melle · Eq €5,395,030
GOETHALS PROMOTOR
BE 0838.514.025
Waasmunster · Eq €5,371,497
Ataraxio
BE 0840.486.192
Vorselaar · Eq €5,370,239
UNIPARK
BE 0686.566.889
Brussel · Eq €5,403,604
BBR 36
BE 0874.759.262
Sint-Gillis (bij-Brussel) · Eq €5,364,985
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 1,762 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.