Financials
Financial year 2025
RAIN CARBON from Zelzate, company number BE0401947808, closed financial year 2025 with a result of € 56,622 after tax. For that financial year RAIN CARBON recorded revenue of € 325 million and equity of € 119.9 million. Compared with financial year 2024, the result moved from € 13.6 million to € 56,622. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 119.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,622
▼ € 13.6 million vs 2024
Profit after tax over the fiscal year.
€ 10.4 million
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 109.9 million.
People and assets in 2025
177.6
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 25.2 million
▼ 5% vs 2024
€ 142,100 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.
€ 487,157
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 42.3 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 6.6 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 310,030,518 | € 462,228,597 | € 388,365,147 | € 325,048,228 | ▼ 16% |
| Profit after taxes | € 22,193,937 | € 10,937,442 | € 13,607,441 | € 56,622 | ▼ € 13.6 million |
| Equity | € 186,331,350 | € 141,221,413 | € 119,828,853 | € 119,885,475 | |
| Total debts | € 43,071,365 | € 52,488,690 | € 83,405,909 | € 60,001,400 | ▼ 28% |
| Cash | € 3,541,377 | € 6,841,500 | € 27,045,651 | € 10,368,482 | ▼ 62% |
| Land & buildings | € 1,362,353 | € 1,694,041 | € 1,619,426 | € 1,546,843 | ▼ 4% |
| Retained profit | € 176,331,350 | € 131,221,413 | € 109,828,853 | € 109,885,475 | |
| Dividend | € 50,000,000 | € 35,000,000 | € 35,000,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 10,071,443 | € 10,015,931 | ▼ 1% |
| Balance sheet total | € 233,132,163 | € 196,959,803 | € 206,394,939 | € 182,679,552 | ▼ 11% |
| Employees (FTE) | 177.9 | 182.1 | 182 | 177.6 | ▼ 4.4 |
Key figures of RAIN CARBON, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RAIN CARBON?
What happened at RAIN CARBON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,622 (▼ € 13.6 million vs 2024). Source: NBB ↗
- Gerard Sweeney became a director. NBB
- Tayman Ryan became a director. NBB
- Christoph Börner stepped down as director. NBB
- Kris Vanherbergen became a director. NBB
- Christoph Börner became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Zelzate. KBO
In short
From € 22.2 million profit in 2021 to € 56,622 profit in 2025.
Paid € 16.5 million in corporate taxes since 2021.
Best year ever: 2021, with € 22.2 million profit.
Paid out € 120 million in dividends to the owners in total.
Management
Behind RAIN CARBON are Gerard Sweeney, Kris Vanherbergen and Tayman Ryan. The shares are held by Rain Carbon Inc (100%). It owns 100% of VFT France S.A. itself.
Directors
According to the 2025 annual accounts
Gerard Sweeney
Director
since 2025
Kris Vanherbergen
Director
since 2022
Tayman Ryan
Director
since 2025
Christoph Börner
Director
since 2022 · until 2025
Shareholders
Rain Carbon Inc
100%
Participations
VFT France S.A.
100%
Establishments
Establishment units
Physical locations of this company
Vredekaai 18
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.947.808
- VAT number
- BE 0401.947.808
- Registered office
- Vredekaai 18, 9060 Zelzate
- Names & denominations
- RAIN CARBON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1947
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Vervaardiging van andere organische chemische basisproducten
Vervaardiging van overige organische chemische basisproducten