Financials
Financial year 2025
Continental Rack from Lokeren, company number BE0466679668, closed financial year 2025 with a result of € 32,309 after tax. For that financial year Continental Rack recorded a gross margin of € 1.2 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 116,811 to € 32,309. 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 September 9, 2026.
€ 1.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,309
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 699,281
▲ 48% 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 € 1.4 million.
People and assets in 2025
15.7
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 1% vs 2024
€ 66,700 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.
€ 35,964
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,118
Loans from banks and other lenders, long and short.
€ 831,834
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 173,639
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,604,763 | € 1,440,013 | € 1,159,326 | € 1,152,225 | ▼ 1% |
| Profit after taxes | € 284,040 | € 84,631 | € 116,811 | € 32,309 | ▼ 72% |
| Equity | € 1,346,339 | € 1,267,340 | € 1,384,151 | € 1,416,460 | ▲ 2% |
| Total debts | € 1,123,920 | € 842,426 | € 940,094 | € 1,192,206 | ▲ 27% |
| Cash | € 749,747 | € 608,299 | € 472,177 | € 699,281 | ▲ 48% |
| Land & buildings | € 205,689 | € 82,452 | € 59,128 | € 44,583 | ▼ 25% |
| Retained profit | € 1,326,339 | € 1,247,340 | € 1,364,151 | € 1,396,460 | ▲ 2% |
| Dividend | € 0 | € 163,630 | € 0 | € 0 | |
| Bank debt | € 70,720 | € 10,204 | € 10,132 | € 10,118 | |
| Balance sheet total | € 2,551,157 | € 2,190,664 | € 2,324,245 | € 2,608,666 | ▲ 12% |
| Employees (FTE) | 17.6 | 17.5 | 15.3 | 15.7 | ▲ 0.4 |
By gross margin, Continental Rack ranks 3rd of 6 companies with main activity “Vervaardiging van panelen en platen van hout” in East Flanders that publish figures (fiscal year 2025).
Key figures of Continental Rack, 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.
Ask about Continental Rack the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Continental Rack?
What happened at Continental Rack in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,309 (▼ 72% vs 2024). filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 284,040 profit in 2022 to € 32,309 profit in 2025.
Paid € 174,618 in corporate taxes since 2022.
Best year ever: 2022, with € 284,040 profit.
On average € 73,400 of value added per employee in 2025.
Management
Behind Continental Rack is Xavier T'Kindt. Xavier T'Kindt is also behind HESUCHIA.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Maesbossen 5
9160 Lokeren
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.
Similar companies in East Flanders
Same main activity (Vervaardiging van panelen en platen van hout), 5 active companies in East Flanders, largest first.
€ 2 million gross margin · 2025 · Dendermonde
HOUTBUIGERIJ ANTOINE VAN HULLE
€ 1.8 million gross margin · 2025 · Maldegem
€ 48,904 gross margin · 2025 · Deinze
€ 43,539 gross margin · 2025 · Aalst
€ -56,959 gross margin · 2025 · Gent
Details
- Company number
- 0466.679.668
- VAT number
- BE 0466.679.668
- Registered office
- Maesbossen 5, 9160 Lokeren
- Names & denominations
- Continental Rack
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 1999
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van panelen en platen van hout
Vervaardiging van kantoor- en winkelmeubelen
Vervaardiging van fineer en van panelen op basis van hout
Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van metaal
Vervaardiging van overige artikelen van metaal, n.e.g.