What does RAES BRUGGE do?

RAES BRUGGE is a market trader in Brugge. Public Limited, started on 15 June 1977, 1 establishment.

What is the address of RAES BRUGGE?

The registered office of RAES BRUGGE is located at Oostendse Steenweg 115, 8000 Brugge.

Is RAES BRUGGE still active?

Yes. According to the CBE (30 October 2026) RAES BRUGGE is active, legal situation “Normale toestand”, started on 15 June 1977.

Is RAES BRUGGE registered on Peppol?

Yes, RAES BRUGGE is registered on the Peppol network with ID 0208:0417321714.

What is the enterprise number of RAES BRUGGE?

The enterprise number of RAES BRUGGE is BE0417321714.

When was RAES BRUGGE founded?

RAES BRUGGE was founded on 15 June 1977.

Who are the directors of RAES BRUGGE?

According to the 2025 annual accounts, the directors of RAES BRUGGE are: Rita Versieck, Raes Oostkamp BV, Raes Autoconsult BV, Curruscura BV.

Is RAES BRUGGE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 June 1977; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did RAES BRUGGE make in 2025?

RAES BRUGGE posted a profit after taxes of € 37,546 in financial year 2025.

What is the revenue of RAES BRUGGE?

In its most recent annual accounts (2025), RAES BRUGGE reported revenue of € 41,038,556.

How much does an employee at RAES BRUGGE earn?

The average wage cost per full-time employee at RAES BRUGGE was € 73,200 in 2025: staff costs of € 1.8 million for 25.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does RAES BRUGGE have?

According to the 2025 annual accounts, RAES BRUGGE has 25.2 full-time equivalents (FTE).

RAES BRUGGE (Public Limited) - Brugge - BE0417321714

Dossier RAES BRUGGE, printed on 30 October 2026 from databakkes.be/en/0417321714/raes-brugge. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

RAES BRUGGE from Brugge, company number BE0417321714, closed financial year 2025 with a result of € 37,546 after tax. For that financial year RAES BRUGGE recorded revenue of € 41 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 39,385 to € 37,546. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Growing

€ 2.1 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 37,546

▼ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 559,447

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.7 million.

People and assets in 2025

Full-time equivalents

25.2

▲ 1.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.8 million

▲ 19% vs 2024

€ 73,200 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.

Vehicles and equipment

€ 51,100

▲ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 12.6 million

▲ 17% vs 2024

€ 29,868 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 588,115

▲ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 6 days on average.

Taxes and wages

€ 528,923

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 34,957,441 Revenue 2022: € 34,957,441 First fiscal year in the series	€ 41,766,915 Revenue 2023: € 41,766,915 ▲ 19% vs 2022 (€ 34,957,441) Favourable step	€ 42,942,787 Revenue 2024: € 42,942,787 ▲ 3% vs 2023 (€ 41,766,915) Favourable step	€ 41,038,556 Revenue 2025: € 41,038,556 ▼ 4% vs 2024 (€ 42,942,787) Unfavourable step	▼ 4%
Profit after taxes	€ 918,394 Profit after taxes 2022: € 918,394 First fiscal year in the series	€ 838,215 Profit after taxes 2023: € 838,215 ▼ 9% vs 2022 (€ 918,394) Unfavourable step	€ 39,385 Profit after taxes 2024: € 39,385 ▼ 95% vs 2023 (€ 838,215) Unfavourable step	€ 37,546 Profit after taxes 2025: € 37,546 ▼ 5% vs 2024 (€ 39,385) Unfavourable step	▼ 5%
Equity	€ 1,809,782 Equity 2022: € 1,809,782 First fiscal year in the series	€ 2,047,997 Equity 2023: € 2,047,997 ▲ 13% vs 2022 (€ 1,809,782) Favourable step	€ 2,087,382 Equity 2024: € 2,087,382 ▲ 2% vs 2023 (€ 2,047,997) Favourable step	€ 2,124,928 Equity 2025: € 2,124,928 ▲ 2% vs 2024 (€ 2,087,382) Favourable step	▲ 2%
Total debts	€ 8,099,402 Total debts 2022: € 8,099,402 First fiscal year in the series	€ 15,357,384 Total debts 2023: € 15,357,384 ▲ 90% vs 2022 (€ 8,099,402) Unfavourable step	€ 12,158,834 Total debts 2024: € 12,158,834 ▼ 21% vs 2023 (€ 15,357,384) Favourable step	€ 14,286,408 Total debts 2025: € 14,286,408 ▲ 17% vs 2024 (€ 12,158,834) Unfavourable step	▲ 17%
Cash	€ 729,124 Cash 2022: € 729,124 First fiscal year in the series	€ 1,342,174 Cash 2023: € 1,342,174 ▲ 84% vs 2022 (€ 729,124) Favourable step	€ 560,919 Cash 2024: € 560,919 ▼ 58% vs 2023 (€ 1,342,174) Unfavourable step	€ 559,447 Cash 2025: € 559,447 Unchanged (€ 560,919) Unfavourable step
Land & buildings	€ 1,637,466 Land & buildings 2022: € 1,637,466 First fiscal year in the series	€ 1,913,540 Land & buildings 2023: € 1,913,540 ▲ 17% vs 2022 (€ 1,637,466) Unchanged	€ 2,058,879 Land & buildings 2024: € 2,058,879 ▲ 8% vs 2023 (€ 1,913,540) Unchanged	€ 2,296,623 Land & buildings 2025: € 2,296,623 ▲ 12% vs 2024 (€ 2,058,879) Unchanged	▲ 12%
Retained profit	€ 1,389,782 Retained profit 2022: € 1,389,782 First fiscal year in the series	€ 1,627,997 Retained profit 2023: € 1,627,997 ▲ 17% vs 2022 (€ 1,389,782) Favourable step	€ 1,667,382 Retained profit 2024: € 1,667,382 ▲ 2% vs 2023 (€ 1,627,997) Favourable step	€ 1,704,928 Retained profit 2025: € 1,704,928 ▲ 2% vs 2024 (€ 1,667,382) Favourable step	▲ 2%
Dividend	€ 625,000 Dividend 2022: € 625,000 First fiscal year in the series	€ 600,000 Dividend 2023: € 600,000 ▼ 4% vs 2022 (€ 625,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 600,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 5,861,138 Bank debt 2022: € 5,861,138 First fiscal year in the series	€ 13,042,736 Bank debt 2023: € 13,042,736 ▲ 123% vs 2022 (€ 5,861,138) Unfavourable step	€ 10,775,589 Bank debt 2024: € 10,775,589 ▼ 17% vs 2023 (€ 13,042,736) Favourable step	€ 12,600,627 Bank debt 2025: € 12,600,627 ▲ 17% vs 2024 (€ 10,775,589) Unfavourable step	▲ 17%
Balance sheet total	€ 10,024,584 Balance sheet total 2022: € 10,024,584 First fiscal year in the series	€ 17,517,581 Balance sheet total 2023: € 17,517,581 ▲ 75% vs 2022 (€ 10,024,584) Unchanged	€ 14,353,615 Balance sheet total 2024: € 14,353,615 ▼ 18% vs 2023 (€ 17,517,581) Unchanged	€ 16,526,536 Balance sheet total 2025: € 16,526,536 ▲ 15% vs 2024 (€ 14,353,615) Unchanged	▲ 15%
Employees (FTE)	22.5 Employees (FTE) 2022: 22.5 First fiscal year in the series	21.6 Employees (FTE) 2023: 21.6 ▼ 0.9 vs 2022 (22.5) Unchanged	23.7 Employees (FTE) 2024: 23.7 ▲ 2.1 vs 2023 (21.6) Unchanged	25.2 Employees (FTE) 2025: 25.2 ▲ 1.5 vs 2024 (23.7) Unchanged	▲ 1.5

Key figures of RAES BRUGGE, 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 RAES BRUGGE?

What happened at RAES BRUGGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2032 Rita Versieck stepped down as director. NBB
2032 Raes Autoconsult BV stepped down as director. NBB
2032 Curruscura BV stepped down as director. NBB
2030 Raes Oostkamp BV stepped down as director. NBB
Aug 24, 2026 New annual accounts for financial year 2025: profit of € 37,546 (▼ 5% vs 2024). filed late Source: NBB ↗
2026 Rita Versieck became a director. NBB
2026 Raes Autoconsult BV became a director. NBB
2026 Curruscura BV became a director. NBB

In short

From € 918,394 profit in 2022 to € 37,546 profit in 2025.

Paid € 367,142 in corporate taxes since 2022.

Best year ever: 2022, with € 918,394 profit.

Paid out € 1.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Raes Oostkamp 100%

RAES BRUGGE

The shares are held by Raes Oostkamp (100%).

Directors

According to the 2025 annual accounts

Rita Versieck

Director

Also active at: RAES OOSTKAMP, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN

since 2026 · until 2032

Raes Oostkamp BV

Director · represented by Patrick Raes

Also active at: RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN, Vera Holding

since 2024 · until 2030

Raes Autoconsult BV

Director · represented by Stijn Raes

Also active at: RAES OOSTKAMP, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN

since 2026 · until 2032

Curruscura BV

Director · represented by Nico Raes

Also active at: RAES OOSTKAMP, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN

since 2026 · until 2032

Shareholders

Raes Oostkamp

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oostendse Steenweg 115

8000 Brugge

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0417.321.714

VAT number

BE 0417.321.714

Registered office

Oostendse Steenweg 115, 8000 Brugge

Names & denominations

RAES BRUGGE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 June 1977

Peppol

Active · Active since 19 Oct 2026

Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Onderhoud en reparatie van auto's

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

RAES BRUGGE

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Financials

What happened to RAES BRUGGE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions