Financials
Financial year 2025
Royal Antwerp Golf Club from Kapellen, company number BE0406490871, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Royal Antwerp Golf Club recorded a gross margin of € 2.9 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € -137,887 to € 1.3 million. Profitable, and profit is growing. 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 August 31, 2026.
€ 3.7 million
▲ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ still € 137,887 loss in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ € 812,771 vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
18.7
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 8% vs 2024
€ 65,700 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.
€ 11,280
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 516,889
▲ 30% vs 2024
€ 83,981 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 52,038
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 117,471
▲ 5% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,270,603 | € 1,297,012 | € 1,293,399 | € 2,861,825 | ▲ 121% |
| Profit after taxes | € 8,432 | € 3,511 | € -137,887 | € 1,314,725 | ▲ € 1.5 million |
| Equity | € 2,562,792 | € 2,566,303 | € 2,428,416 | € 3,743,141 | ▲ 54% |
| Total debts | € 812,076 | € 791,007 | € 1,158,834 | € 770,553 | ▼ 34% |
| Cash | € 101,875 | € 122,790 | € 248,859 | € 1,061,630 | ▲ € 812,771 |
| Land & buildings | € 2,351,352 | € 2,257,708 | € 2,218,862 | € 2,504,222 | ▲ 13% |
| Retained profit | € 1,617,786 | € 1,621,297 | € 1,483,410 | € 2,798,135 | ▲ 89% |
| Bank debt | € 555,474 | € 477,959 | € 397,116 | € 516,889 | ▲ 30% |
| Balance sheet total | € 3,374,868 | € 3,357,309 | € 3,587,249 | € 4,513,694 | ▲ 26% |
| Employees (FTE) | 18.5 | 16.6 | 17.8 | 18.7 | ▲ 0.9 |
Key figures of Royal Antwerp Golf Club, fiscal years 2022 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 Royal Antwerp Golf Club?
What happened at Royal Antwerp Golf Club in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean Sanders stepped down as director. NBB
- Charles Harold van den Kerckhove stepped down as director. NBB
- Luc Van den Eynde stepped down as director. NBB
- Marie Nowé stepped down as director. NBB
- Jean-François Wauters stepped down as director. NBB
- Jack Baines stepped down as director. NBB
- Philippe D'Archambeau stepped down as director. NBB
- Bruno De Vooght stepped down as director. NBB
In short
From € 8,432 profit in 2022 to € 1.3 million profit in 2025.
Paid € 98,362 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
On average € 153,000 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Luc Van den Eynde
Director
since 2025 · until 2028
Marie Nowé
Director
since 2025 · until 2028
since 2024 · until 2027
since 2026 · until 2029
Jean-François Wauters
Director
since 2025 · until 2028
Charles Harold van den Kerckhove
Director
since 2026 · until 2029
Philippe D'Archambeau
Director
since 2024 · until 2027
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Torenlei 1A
2950 Kapellen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WEEBLY - Weebly, Inc., US
Website info
Features
Security
Details
- Company number
- 0406.490.871
- VAT number
- BE 0406.490.871
- Registered office
- Torenlei 1A, 2950 Kapellen
- Names & denominations
- RAGC · Royal Antwerp Golf Club
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 13 April 1957
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ragc.be
- Activities · NACE
Activiteiten van overige balsportclubs
Activiteiten van sportclubs en -bonden
Activiteiten van eetgelegenheden met volledige bediening
Cafés en bars
Eetgelegenheden met volledige bediening