What is the address of RAAP-INVEST?

The registered office of RAAP-INVEST is located at Vesten(BEV) 90, 9120 Beveren-Kruibeke-Zwijndrecht.

Is RAAP-INVEST still active?

Yes. According to the CBE (31 October 2026) RAAP-INVEST is active, legal situation “Normale toestand”, started on 23 December 1987.

Is RAAP-INVEST registered on Peppol?

Yes, RAAP-INVEST is registered on the Peppol network with ID 0208:0432828648.

What is the enterprise number of RAAP-INVEST?

The enterprise number of RAAP-INVEST is BE0432828648.

When was RAAP-INVEST founded?

RAAP-INVEST was founded on 23 December 1987.

Who are the directors of RAAP-INVEST?

According to the 2025 annual accounts, the directors of RAAP-INVEST are: Kris De Keulenaer, Steven De Keulenaer.

Is RAAP-INVEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 1987; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did RAAP-INVEST make in 2025?

RAAP-INVEST posted a profit after taxes of € 16,964 in financial year 2025.

What is the revenue of RAAP-INVEST?

As a small company, RAAP-INVEST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 50,958.

RAAP-INVEST (Public Limited) - Beveren-Kruibeke-Zwijndrecht

Dossier RAAP-INVEST, printed on 31 October 2026 from databakkes.be/en/0432828648/raap-invest. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

What it is worth Growing

€ 563,191

▲ 3% vs 2024

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

Profit Growing

€ 16,964

▲ 11% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 85,207

▲ 36% vs 2024

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 € 112,191.

Debts at end 2025

Bank debt ≈ 3 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.

€ 200,196

▼ 22% vs 2024

€ 57,627 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 14,500

▲ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 666

▼ 88% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 56,824 Gross margin 2022: € 56,824 First fiscal year in the series	€ 47,128 Gross margin 2023: € 47,128 ▼ 17% vs 2022 (€ 56,824) Unfavourable step	€ 50,150 Gross margin 2024: € 50,150 ▲ 6% vs 2023 (€ 47,128) Favourable step	€ 50,958 Gross margin 2025: € 50,958 ▲ 2% vs 2024 (€ 50,150) Favourable step	▲ 2%
Profit after taxes	€ 79,621 Profit after taxes 2022: € 79,621 First fiscal year in the series	€ -8,229 Profit after taxes 2023: € -8,229 ▼ € 87,850 vs 2022 (€ 79,621) Unfavourable step	€ 15,232 Profit after taxes 2024: € 15,232 ▲ € 23,460 vs 2023 (€ -8,229) Favourable step	€ 16,964 Profit after taxes 2025: € 16,964 ▲ 11% vs 2024 (€ 15,232) Favourable step	▲ 11%
Equity	€ 539,224 Equity 2022: € 539,224 First fiscal year in the series	€ 530,995 Equity 2023: € 530,995 ▼ 2% vs 2022 (€ 539,224) Unfavourable step	€ 546,227 Equity 2024: € 546,227 ▲ 3% vs 2023 (€ 530,995) Favourable step	€ 563,191 Equity 2025: € 563,191 ▲ 3% vs 2024 (€ 546,227) Favourable step	▲ 3%
Total debts	€ 397,414 Total debts 2022: € 397,414 First fiscal year in the series	€ 359,787 Total debts 2023: € 359,787 ▼ 9% vs 2022 (€ 397,414) Favourable step	€ 277,561 Total debts 2024: € 277,561 ▼ 23% vs 2023 (€ 359,787) Favourable step	€ 216,912 Total debts 2025: € 216,912 ▼ 22% vs 2024 (€ 277,561) Favourable step	▼ 22%
Cash	€ 76,279 Cash 2022: € 76,279 First fiscal year in the series	€ 81,564 Cash 2023: € 81,564 ▲ 7% vs 2022 (€ 76,279) Favourable step	€ 62,585 Cash 2024: € 62,585 ▼ 23% vs 2023 (€ 81,564) Unfavourable step	€ 85,207 Cash 2025: € 85,207 ▲ 36% vs 2024 (€ 62,585) Favourable step	▲ 36%
Land & buildings	€ 627,693 Land & buildings 2022: € 627,693 First fiscal year in the series	€ 618,571 Land & buildings 2023: € 618,571 ▼ 1% vs 2022 (€ 627,693) Unchanged	€ 609,449 Land & buildings 2024: € 609,449 ▼ 1% vs 2023 (€ 618,571) Unchanged	€ 601,257 Land & buildings 2025: € 601,257 ▼ 1% vs 2024 (€ 609,449) Unchanged	▼ 1%
Retained profit	€ 88,224 Retained profit 2022: € 88,224 First fiscal year in the series	€ 79,995 Retained profit 2023: € 79,995 ▼ 9% vs 2022 (€ 88,224) Unfavourable step	€ 95,227 Retained profit 2024: € 95,227 ▲ 19% vs 2023 (€ 79,995) Favourable step	€ 112,191 Retained profit 2025: € 112,191 ▲ 18% vs 2024 (€ 95,227) Favourable step	▲ 18%
Bank debt	€ 368,335 Bank debt 2022: € 368,335 First fiscal year in the series	€ 313,058 Bank debt 2023: € 313,058 ▼ 15% vs 2022 (€ 368,335) Favourable step	€ 257,011 Bank debt 2024: € 257,011 ▼ 18% vs 2023 (€ 313,058) Favourable step	€ 200,196 Bank debt 2025: € 200,196 ▼ 22% vs 2024 (€ 257,011) Favourable step	▼ 22%
Balance sheet total	€ 936,638 Balance sheet total 2022: € 936,638 First fiscal year in the series	€ 890,782 Balance sheet total 2023: € 890,782 ▼ 5% vs 2022 (€ 936,638) Unchanged	€ 823,788 Balance sheet total 2024: € 823,788 ▼ 8% vs 2023 (€ 890,782) Unchanged	€ 780,103 Balance sheet total 2025: € 780,103 ▼ 5% vs 2024 (€ 823,788) Unchanged	▼ 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:

2029 Kris De Keulenaer stepped down as director. NBB
2029 Steven De Keulenaer stepped down as director. NBB
Dec 18, 2025 New annual accounts for financial year 2025: profit of € 16,964 (▲ 11% vs 2024). Source: NBB ↗
2023 Kris De Keulenaer became a director. NBB
2023 Steven De Keulenaer became a director. NBB
Jun 20, 1995 New establishment in Sint-Niklaas. KBO
Dec 23, 1987 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.

Original PDFs at the National Bank ↗

Management

NORDIC MOTORS 49%

The stake of NORDIC MOTORS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

RAAP-INVEST

The shares are held by NORDIC MOTORS (49%).

Directors

According to the 2025 annual accounts

Kris De Keulenaer

Director

Also active at: Garage Lieven De Keulenaer, NORDIC MOTORS

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

NORDIC MOTORS

49%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vesten(BEV) 90

9120 Beveren-Kruibeke-Zwijndrecht

2.004.081.168

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 →

Garage Lieven De Keulenaer same network

€ 25.2 million revenue · 2025

De Keulenaer Invest same network

€ 5,839 gross margin · 2025

De Keulenaer Mobility

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 21 Oct 2026

View on CBE Public ↗ Annual accounts (NBB) ↗