Active · per the CBE, 16 September 2026

RAC 1 GP

BE0536721388

Rechtspersoon Public limited company 1 establishment

RAC 1 GP is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 16 July 2013, 1 establishment.

Marnixlaan 23, 1000 Brussel

Behind the company: Stefan Ziegler, Thomaz Pentz.

Active for

13 year, 2 months

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.

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2025.

  • Busy address KBO

    57 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

RAC 1 GP from Brussel, company number BE0536721388, closed financial year 2025 with a result of € -9,681 after tax. For that financial year RAC 1 GP recorded a gross margin of € -8,642 and equity of € 35,969. Compared with financial year 2024, the result moved from € -4,409 to € -9,681. 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 2, 2026.

What it is worth Healthy

€ 35,969

▼ 21% vs 2024

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

Loss Caution

€ -9,681

▼ 120 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 47,613

▼ 10% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -25,531.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 11,884

▲ 58% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 5,336 € -1,780 € -3,601 € -8,642 ▼ € 5,040
Profit after taxes € 4,416 € -2,654 € -4,409 € -9,681 ▼ € 5,272
Equity € 52,713 € 50,059 € 45,650 € 35,969 ▼ 21%
Total debts € 3,237 € 6,747 € 7,533 € 11,884 ▲ 58%
Cash € 55,939 € 50,585 € 52,954 € 47,613 ▼ 10%
Retained profit € -8,787 € -11,441 € -15,850 € -25,531 ▼ € 9,681
Balance sheet total € 55,950 € 56,805 € 53,183 € 47,853 ▼ 10%

Key figures of RAC 1 GP, 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 RAC 1 GP?

What happened at RAC 1 GP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Meng Wang stepped down as director. NBB
  • Michael KRYWKO stepped down as director. NBB
  • INTERTRUST (BELGIUM) NV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 9,681. Source: NBB ↗
  • Thomaz Pentz became a director. NBB
  • LinLin Liu stepped down as director. NBB
  • Stefan Ziegler became a director. NBB
  • Meng Wang became a director. NBB

In short

From € 4,416 profit in 2022 to € 9,681 loss in 2025.

Best year ever: 2022, with € 4,416 profit.

Original PDFs at the National Bank ↗

A new publication or filing at RAC 1 GP? We notify you, reason included.

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My folder 3 companies
  • 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
Real filings at the National Bank

Management

Orkor Luxco B S.A.R.L. 50%
Hannover Leasing Holding CommV. 50%
RAC 1 GP

Behind RAC 1 GP are Stefan Ziegler and Thomaz Pentz. The shares are held by Orkor Luxco B S.A.R.L. (50%) and Hannover Leasing Holding CommV. (50%).

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Directors

According to the 2025 annual accounts

Stefan Ziegler

Director

Also active at: Covent Garden JV General Partner, Hannover Leasing Holding Management, Hannover Leasing Holding, RAC 1, COVENT GARDEN HOLDINGS (NUMBER 2)

since 2024

Thomaz Pentz

Director

Also active at: Hannover Leasing Holding Management

since 2026

Meng Wang

Director

since 2024 · until 2031

Michael KRYWKO

Director

Also active at: Hannover Leasing Holding Management, RAC 1, COVENT GARDEN HOLDINGS (NUMBER 2)

since 2022 · until 2027

INTERTRUST (BELGIUM) NV

Persoon belast met dagelijks bestuur · represented by TANS Christophe

Also active at: HUDSON GLOBAL RESOURCES BELGIUM, ROSPA BELGIUM, PROLOGIS MEXICO HOLDING II (A), PROLOGIS MEXICO HOLDING (A), GELASE, CPIV, CPIS, Covent Garden JV General Partner +30 more

since 2021 · until 2027

LinLin Liu

Director

since 2020 · until 2026

Shareholders

Orkor Luxco B S.A.R.L.

50%

Hannover Leasing Holding CommV.

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Marnixlaan 23

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.

All companies at this address →

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€ 14.4 million revenue · 2024

+52 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0536.721.388
VAT number
BE 0536.721.388
Registered office
Marnixlaan 23, 1000 Brussel
Names & denominations
RAC 1 GP
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
16 July 2013
Peppol
Active · Active since 16 Jan 2026
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does RAC 1 GP do?
RAC 1 GP is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 16 July 2013, 1 establishment.
What is the address of RAC 1 GP?
The registered office of RAC 1 GP is located at Marnixlaan 23, 1000 Brussel.
Is RAC 1 GP still active?
Yes. According to the CBE (16 September 2026) RAC 1 GP is active, legal situation “Normale toestand”, started on 16 July 2013.
Is RAC 1 GP registered on Peppol?
Yes, RAC 1 GP is registered on the Peppol network with ID 0208:0536721388.
What is the enterprise number of RAC 1 GP?
The enterprise number of RAC 1 GP is BE0536721388.
When was RAC 1 GP founded?
RAC 1 GP was founded on 16 July 2013.