Financials
Financial year 2025
R2AG from Aarschot, company number BE0412704811, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year R2AG recorded a gross margin of € 3.4 million and equity of € 25 million. Compared with financial year 2024, the result moved from € 951,693 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 June 15, 2026.
€ 25 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▲ 147% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 725,000 paid out
58 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.3
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 410,785
▲ 5% vs 2024
€ 65,200 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.
€ 144,746
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
▼ 13% vs 2024
€ 913,872 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 237,127
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 131,138
▲ 107% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,172,501 | € 2,586,880 | € 2,518,503 | € 3,444,525 | ▲ 37% |
| Profit after taxes | € 2,238,779 | € 918,024 | € 951,693 | € 1,254,639 | ▲ 32% |
| Equity | € 23,831,371 | € 24,149,395 | € 24,501,088 | € 25,030,728 | ▲ 2% |
| Total debts | € 11,433,625 | € 9,948,622 | € 8,972,055 | € 8,230,096 | ▼ 8% |
| Cash | € 1,513,086 | € 1,219,046 | € 1,748,525 | € 4,313,993 | ▲ 147% |
| Land & buildings | € 30,893,391 | € 30,105,240 | € 29,192,230 | € 27,534,532 | ▼ 6% |
| Retained profit | € 12,796,045 | € 13,114,069 | € 13,465,762 | € 13,995,401 | ▲ 4% |
| Dividend | € 1,100,000 | € 600,000 | € 600,000 | € 725,000 | ▲ 21% |
| Bank debt | € 9,956,843 | € 9,029,417 | € 8,087,003 | € 7,020,485 | ▼ 13% |
| Balance sheet total | € 40,426,685 | € 39,140,224 | € 38,394,337 | € 38,187,867 | ▼ 1% |
| Employees (FTE) | 5.2 | 5.3 | 6.1 | 6.3 | ▲ 0.2 |
Key figures of R2AG, 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 R2AG?
What happened at R2AG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Edwin Martens stepped down as director. NBB
- Angelique Geens stepped down as director. NBB
- Andreas Geens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 32% vs 2024). Source: NBB ↗
- Edwin Martens became a director. NBB
- Angelique Geens became a director. NBB
- Andreas Geens became a director. NBB
- New establishment in Aarschot. KBO
In short
From € 2.2 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.2 million profit.
On average € 546,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Angelique Geens
Chairman of the board
since 2024 · until 2030
Andreas Geens
Director
since 2024 · until 2030
Edwin Martens
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Gelrodeweg 95
3200 Aarschot
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.704.811
- VAT number
- BE 0412.704.811
- Registered office
- Gelrodeweg 95, 3200 Aarschot
- Names & denominations
- R2AG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1972
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen