Financials
Financial year 2025
RACINE from Gent, company number BE0425228697, closed financial year 2025 with a result of € -6,948 after tax. For that financial year RACINE recorded a gross margin of € -3,938 and equity of € 874,424. Compared with financial year 2024, the result moved from € 31,483 to € -6,948. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 874,424
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,948
▼ still € 31,483 profit in 2024
Profit after tax over the fiscal year.
€ 214,575
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 855,832.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,907
▲ € 1,505 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,797 | € 47,170 | € 34,429 | € -3,938 | ▼ € 38,367 |
| Profit after taxes | € 24,463 | € 27,686 | € 31,483 | € -6,948 | ▼ € 38,431 |
| Equity | € 822,203 | € 849,889 | € 881,372 | € 874,424 | ▼ 1% |
| Total debts | € 11,687 | € 59,031 | € 11,046 | € 2,510 | ▼ 77% |
| Cash | € 258,950 | € 471,312 | € 198,294 | € 214,575 | ▲ 8% |
| Land & buildings | € 148,664 | € 140,594 | € 132,523 | € 124,453 | ▼ 6% |
| Retained profit | € 803,611 | € 831,297 | € 862,780 | € 855,832 | ▼ 1% |
| Balance sheet total | € 833,890 | € 908,921 | € 892,419 | € 876,934 | ▼ 2% |
Key figures of RACINE, 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 RACINE?
What happened at RACINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,948 (▼ € 38,431 vs 2024). Source: NBB ↗
- Fanny Van Herzeele became a director. NBB
- Dimitri De Cuyper became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,463 profit in 2022 to € 6,948 loss in 2025.
Paid € 35,768 in corporate taxes since 2022.
Best year ever: 2024, with € 31,483 profit.
Management
Behind RACINE are Fanny Van Herzeele and Dimitri De Cuyper. Fanny Van Herzeele is also behind VERLORENKOST and YOISHO. Dimitri De Cuyper is also behind PHV and YOROKONDE WASHI.
Directors
According to the 2025 annual accounts
since 2006
since 2005
Establishments
Establishment units
Physical locations of this company
Blekersdijk 41 box C
9000 Gent
Blekersdijk 41 C
9000 Gent
Active since 30 September 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LUMEN
AQUILA
EMPERAT
€ 31,264 gross margin · 2025
YOISHO same network
€ 80,299 gross margin · 2025
YOROKONDE WASHI same network
€ 80,606 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.228.697
- VAT number
- BE 0425.228.697
- Registered office
- Blekersdijk 41 bus C, 9000 Gent
- Names & denominations
- RACINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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