Financials
Financial year 2025
RAAP-INVEST from Beveren-Kruibeke-Zwijndrecht, company number BE0432828648, closed financial year 2025 with a result of € 16,964 after tax. For that financial year RAAP-INVEST recorded a gross margin of € 50,958 and equity of € 563,191. Compared with financial year 2024, the result moved from € 15,232 to € 16,964. 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 December 18, 2025.
€ 563,191
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,964
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 85,207
▲ 36% 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 € 112,191.
Debts at end 2025
€ 200,196
▼ 22% vs 2024
€ 57,627 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 14,500
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 666
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,824 | € 47,128 | € 50,150 | € 50,958 | ▲ 2% |
| Profit after taxes | € 79,621 | € -8,229 | € 15,232 | € 16,964 | ▲ 11% |
| Equity | € 539,224 | € 530,995 | € 546,227 | € 563,191 | ▲ 3% |
| Total debts | € 397,414 | € 359,787 | € 277,561 | € 216,912 | ▼ 22% |
| Cash | € 76,279 | € 81,564 | € 62,585 | € 85,207 | ▲ 36% |
| Land & buildings | € 627,693 | € 618,571 | € 609,449 | € 601,257 | ▼ 1% |
| Retained profit | € 88,224 | € 79,995 | € 95,227 | € 112,191 | ▲ 18% |
| Bank debt | € 368,335 | € 313,058 | € 257,011 | € 200,196 | ▼ 22% |
| Balance sheet total | € 936,638 | € 890,782 | € 823,788 | € 780,103 | ▼ 5% |
Key figures of RAAP-INVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to RAAP-INVEST?
What happened at RAAP-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kris De Keulenaer stepped down as director. NBB
- Steven De Keulenaer stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16,964 (▲ 11% vs 2024). Source: NBB ↗
- Kris De Keulenaer became a director. NBB
- Steven De Keulenaer became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,621 profit in 2022 to € 16,964 profit in 2025.
Paid € 45,207 in corporate taxes since 2022.
Best year ever: 2022, with € 79,621 profit.
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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
The stake of NORDIC MOTORS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RAAP-INVESTThe shares are held by NORDIC MOTORS (49%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Steven De Keulenaer
Director
Also active at: Garage Lieven De Keulenaer, NORDIC MOTORS, De Keulenaer Invest
since 2023 · until 2029
Shareholders
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vesten(BEV) 90
9120 Beveren-Kruibeke-Zwijndrecht
Raapstraat 77
9100 Sint-Niklaas
Active since 20 June 1995
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.
Details
- Company number
- 0432.828.648
- VAT number
- BE 0432.828.648
- Registered office
- Vesten(BEV) 90, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- RAAP-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1987
- Peppol
- Active · Active since 27 Mar 2026