Active · per the CBE, 30 October 2026

RAES

BE0438700910

Rechtspersoon Private limited company 1 establishment

RAES is a wholesaler in Oud-Heverlee. Private Limited, started on 19 October 1989, 1 establishment.

Naamsesteenweg 9, 3052 Oud-Heverlee

Behind the company: Philippe Claessens, Siegfried Desiron.

Active for

37 year

Financials

Financial year 2025

RAES from Oud-Heverlee, company number BE0438700910, closed financial year 2025 with a result of € 102,144 after tax. For that financial year RAES recorded a gross margin of € 224,649 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 153,586 to € 102,144. The company is profitable. 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 4, 2026.

What it is worth Growing

€ 1.3 million

▲ 9% vs 2024

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

Profit Healthy

€ 102,144

▼ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 867,740

▼ 56% 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 € 1.2 million.

People and assets in 2025

Full-time equivalents

1.4

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

Wage cost

€ 71,693

▲ 4% vs 2024

€ 51,200 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

€ 35,921

▼ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 23,199

▼ 48% vs 2024

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

Taxes and wages

€ 16,094

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 358,235 € 313,997 € 298,576 € 224,649 ▼ 25%
Profit after taxes € 218,627 € 175,378 € 153,586 € 102,144 ▼ 33%
Equity € 2,089,600 € 2,264,977 € 1,193,021 € 1,295,164 ▲ 9%
Total debts € 178,674 € 221,533 € 1,383,195 € 131,355 ▼ 91%
Cash € 1,580,787 € 1,789,172 € 1,968,173 € 867,740 ▼ 56%
Retained profit € 2,034,600 € 2,209,977 € 1,138,021 € 1,240,164 ▲ 9%
Dividend € 0 € 0 € 1,225,543 € 0 ▼ 100%
Balance sheet total € 2,268,274 € 2,486,510 € 2,576,216 € 1,426,519 ▼ 45%
Employees (FTE) 1.4 1.4 1.4 1.4

Key figures of RAES, 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?

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

  • New annual accounts for financial year 2025: profit of € 102,144 (▼ 33% vs 2024). Source: NBB ↗
  • New establishment in Oud-Heverlee. KBO
  • Start of the company according to the CBE. KBO

In short

From € 218,627 profit in 2022 to € 102,144 profit in 2025.

Paid € 278,739 in corporate taxes since 2022.

Best year ever: 2022, with € 218,627 profit.

On average € 160,500 of value added per employee in 2025.

Management

Philippe Claessens Siegfried Desiron

Behind RAES are Philippe Claessens and Siegfried Desiron. Philippe Claessens is also behind Bellefroid. Siegfried Desiron is also behind IMMO ARES.

Directors

According to the 2025 annual accounts

Philippe Claessens

Director

Also active at: Bellefroid

Siegfried Desiron

Director

Also active at: IMMO ARES

Establishments

Establishment units

Physical locations of this company

Registered office

Naamsesteenweg 9

3052 Oud-Heverlee

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0438.700.910
VAT number
BE 0438.700.910
Registered office
Naamsesteenweg 9, 3052 Oud-Heverlee
Names & denominations
RAES
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
19 October 1989
Peppol
Active · Active since 18 Dec 2024
Activities · NACE

Groothandel in sanitair

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in andere machines en werktuigen, neg

Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.

Groothandel in andere machines en werktuigen, n.e.g.

Frequently asked questions

What does RAES do?
RAES is a wholesaler in Oud-Heverlee. Private Limited, started on 19 October 1989, 1 establishment.
What is the address of RAES?
The registered office of RAES is located at Naamsesteenweg 9, 3052 Oud-Heverlee.
Is RAES still active?
Yes. According to the CBE (30 October 2026) RAES is active, legal situation “Normale toestand”, started on 19 October 1989.
Is RAES registered on Peppol?
Yes, RAES is registered on the Peppol network with ID 0208:0438700910.
What is the enterprise number of RAES?
The enterprise number of RAES is BE0438700910.
When was RAES founded?
RAES was founded on 19 October 1989.