Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
R.A.F. SYSTEM from Wavre, company number BE0472972691, closed financial year 2025 with a result of € -11,355 after tax. For that financial year R.A.F. SYSTEM recorded a gross margin of € -8,180 and equity of € 85,668. Compared with financial year 2024, the result moved from € -29,655 to € -11,355. 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 29, 2026.
€ 85,668
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,355
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 27,277
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 79,470.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,417
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 203
▲ 216% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,021
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,409 | € 41,538 | € -24,265 | € -8,180 | ▲ € 16,085 |
| Profit after taxes | € 26,021 | € 27,570 | € -29,655 | € -11,355 | ▲ € 18,300 |
| Equity | € 99,108 | € 126,677 | € 97,023 | € 85,668 | ▼ 12% |
| Total debts | € 8,087 | € 1,861 | € 64 | € 4,225 | ▲ € 4,160 |
| Cash | € 56,120 | € 73,173 | € 72,286 | € 27,277 | ▼ 62% |
| Retained profit | € 92,910 | € 120,480 | € 90,825 | € 79,470 | ▼ 13% |
| Bank debt | € 6,162 | € 1,247 | € 0 | € 0 | |
| Balance sheet total | € 107,194 | € 128,538 | € 97,087 | € 89,892 | ▼ 7% |
Key figures of R.A.F. SYSTEM, 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 R.A.F. SYSTEM?
What happened at R.A.F. SYSTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,355. Source: NBB ↗
- RAPHAEL STEINBERG became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,021 profit in 2022 to € 11,355 loss in 2025.
Paid € 18,313 in corporate taxes since 2022.
Best year ever: 2023, with € 27,570 profit.
A new publication or filing at R.A.F. SYSTEM? We notify you, reason included.
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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
Behind R.A.F. SYSTEM is RAPHAEL STEINBERG.
Directors
According to the 2025 annual accounts
RAPHAEL STEINBERG
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Avenue du Robinier 1
1301 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0472.972.691
- VAT number
- BE 0472.972.691
- Registered office
- Avenue du Robinier 1, 1301 Wavre
- Names & denominations
- R.A.F. SYSTEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2000
- Peppol
- Active · Active since 1 Jan 2026
- Contact
- rafsystem.be
- Activities · NACE
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