Financials
Financial year 2025
RACO from Heusden-Zolder, company number BE0475069970, closed financial year 2025 with a result of € 605,537 after tax. For that financial year RACO recorded a gross margin of € 2.3 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 375,441 to € 605,537. Profitable, and profit is growing. 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 1, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 605,537
▲ 61% vs 2024
Profit after tax over the fiscal year.
€ 490,304
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 610,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
19.5
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 6% vs 2024
€ 68,500 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.
€ 40,183
▼ 18% 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.
€ 194,906
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 427,537
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,113,107 | € 2,368,951 | € 1,889,965 | € 2,268,656 | ▲ 20% |
| Profit after taxes | € 180,447 | € 447,756 | € 375,441 | € 605,537 | ▲ 61% |
| Equity | € 1,396,228 | € 1,843,984 | € 1,549,359 | € 1,544,896 | |
| Total debts | € 798,989 | € 923,527 | € 1,952,232 | € 1,232,444 | ▼ 37% |
| Cash | € 929,744 | € 459,441 | € 328,765 | € 490,304 | ▲ 49% |
| Land & buildings | € 767,852 | € 774,456 | € 742,399 | € 697,111 | ▼ 6% |
| Retained profit | € 1,390,028 | € 1,819,184 | € 1,524,559 | € 1,520,096 | |
| Dividend | € 92,509 | € 0 | € 1,000,000 | € 610,000 | ▼ 39% |
| Bank debt | € 505,376 | € 426,299 | € 371,934 | € 0 | ▼ 100% |
| Balance sheet total | € 2,239,381 | € 2,808,958 | € 3,540,270 | € 2,814,035 | ▼ 21% |
| Employees (FTE) | - | - | 18.3 | 19.5 | ▲ 1.2 |
Key figures of RACO, 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 RACO?
What happened at RACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 605,537 (▲ 61% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,447 profit in 2022 to € 605,537 profit in 2025.
Paid € 608,309 in corporate taxes since 2022.
Best year ever: 2025, with € 605,537 profit.
On average € 116,300 of value added per employee in 2025.
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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 Studibo Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RACOBehind RACO are Cara BV and Studibo Group BV. The shares are held by Studibo Belgium (100%).
Directors
According to the 2025 annual accounts
Director · represented by Karel Verhaeghe
Also active at: BUREAU D'ETUDES CERFONTAINE, STABEX, FEYS, ADVISON, VEKMO, Vörtgang, Bertram Ingenieursbureau, Studiebureau Kubiek +18 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rijkelstraat 28
3550 Heusden-Zolder
Ottergemsesteenweg-Zuid 808 box 214
9000 Gent
Active since 1 June 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.069.970
- VAT number
- BE 0475.069.970
- Registered office
- Rijkelstraat 28, 3550 Heusden-Zolder
- Names & denominations
- RACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2001
- Peppol
- Active · Active since 3 Oct 2024
- Activities · NACE
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