Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RA-SE GENETICS from Wielsbeke, company number BE0479179703, closed financial year 2025 with a result of € 21,459 after tax. For that financial year RA-SE GENETICS recorded a gross margin of € 364,994 and equity of € -940,212. Compared with financial year 2024, the result moved from € 22,641 to € 21,459. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -940,212
▲ € 21,459 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,459
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 10,950
▲ € 9,812 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 € -1.7 million.
People and assets in 2025
1.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 191,348
▼ 6% vs 2024
€ 106,300 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.
€ 44,127
▼ 23% 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.
€ 1.6 million
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,694
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,943 | € 384,513 | € 368,549 | € 364,994 | ▼ 1% |
| Profit after taxes | € -233,423 | € 41,654 | € 22,641 | € 21,459 | ▼ 5% |
| Equity | € -1,025,965 | € -984,311 | € -961,671 | € -940,212 | ▲ € 21,459 |
| Total debts | € 1,927,902 | € 1,895,798 | € 1,837,191 | € 1,976,018 | ▲ 8% |
| Cash | € 1,029 | € 2,061 | € 1,138 | € 10,950 | ▲ € 9,812 |
| Retained profit | € -1,814,339 | € -1,772,685 | € -1,750,044 | € -1,728,586 | ▲ € 21,459 |
| Bank debt | € 10,468 | € 0 | € 2,000 | € 0 | ▼ 100% |
| Balance sheet total | € 901,937 | € 911,487 | € 875,520 | € 1,035,806 | ▲ 18% |
| Employees (FTE) | 2 | 1.9 | 1.9 | 1.8 | ▼ 0.1 |
Key figures of RA-SE GENETICS, 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 RA-SE GENETICS?
What happened at RA-SE GENETICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dany Cornelis stepped down as director. NBB
- Thomas Vanden Avenne stepped down as director. NBB
- ARL Genetics stepped down as director. NBB
- Geert Spincemaille stepped down as director. NBB
- Adrian Philip Lawson stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 21,459 (▼ 5% vs 2024). Source: NBB ↗
- Thomas Vanden Avenne became a director. NBB
- ARL Genetics became a director. NBB
In short
From € 233,423 loss in 2022 to € 21,459 profit in 2025.
Best year ever: 2023, with € 41,654 profit.
On average € 202,800 of value added per employee in 2025.
Management
The stake of RA-SE GENETICS HOLDING, VANDEN AVENNE OOIGEM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RA-SE GENETICSThe shares are held by RA-SE GENETICS HOLDING (50%) and VANDEN AVENNE OOIGEM (50%).
Directors
According to the 2025 annual accounts
since 2026 · until 2032
since 2026 · until 2032
since 2026 · until 2032
since 2026 · until 2032
Adrian Philip Lawson
Director
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaantjesstraat(O) 12
8710 Wielsbeke
Rozebekeplein(Roz) 11
9630 Zwalm
Active since 28 February 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →SININVEST same network
€ 1.1 million gross margin · 2025
VANDEN AVENNE DIERLIJKE PRODUCTIE
€ 101.1 million revenue · 2025
VANDEN AVENNE VRIESHUIS same network
€ 6.4 million revenue · 2025
VANDEN AVENNE OOIGEM same network
€ 425.6 million revenue · 2025
VAN GEMERT same network
€ -1,555 gross margin · 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
- 0479.179.703
- VAT number
- BE 0479.179.703
- Registered office
- Zwaantjesstraat(O) 12, 8710 Wielsbeke
- Names & denominations
- RA-SE GENETICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2002
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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