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 (31 October 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.

Who are the directors of RAC 1 GP?

According to the 2025 annual accounts, the directors of RAC 1 GP are: Stefan Ziegler, Thomaz Pentz, Meng Wang, Michael KRYWKO, INTERTRUST (BELGIUM) NV, LinLin Liu.

Is RAC 1 GP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 July 2013; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did RAC 1 GP make in 2025?

RAC 1 GP recorded a loss after taxes of € 9,681 in financial year 2025.

What is the revenue of RAC 1 GP?

As a small company, RAC 1 GP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -8,642.

RAC 1 GP (Public Limited) - Brussel - BE0536721388

Q: 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.

Dossier RAC 1 GP, printed on 1 November 2026 from databakkes.be/en/0536721388/rac-1-gp. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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

56 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.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 5,336 Gross margin 2022: € 5,336 First fiscal year in the series	€ -1,780 Gross margin 2023: € -1,780 ▼ € 7,116 vs 2022 (€ 5,336) Unfavourable step	€ -3,601 Gross margin 2024: € -3,601 ▼ € 1,821 vs 2023 (€ -1,780) Unfavourable step	€ -8,642 Gross margin 2025: € -8,642 ▼ € 5,040 vs 2024 (€ -3,601) Unfavourable step	▼ € 5,040
Profit after taxes	€ 4,416 Profit after taxes 2022: € 4,416 First fiscal year in the series	€ -2,654 Profit after taxes 2023: € -2,654 ▼ € 7,070 vs 2022 (€ 4,416) Unfavourable step	€ -4,409 Profit after taxes 2024: € -4,409 ▼ € 1,755 vs 2023 (€ -2,654) Unfavourable step	€ -9,681 Profit after taxes 2025: € -9,681 ▼ € 5,272 vs 2024 (€ -4,409) Unfavourable step	▼ € 5,272
Equity	€ 52,713 Equity 2022: € 52,713 First fiscal year in the series	€ 50,059 Equity 2023: € 50,059 ▼ 5% vs 2022 (€ 52,713) Unfavourable step	€ 45,650 Equity 2024: € 45,650 ▼ 9% vs 2023 (€ 50,059) Unfavourable step	€ 35,969 Equity 2025: € 35,969 ▼ 21% vs 2024 (€ 45,650) Unfavourable step	▼ 21%
Total debts	€ 3,237 Total debts 2022: € 3,237 First fiscal year in the series	€ 6,747 Total debts 2023: € 6,747 ▲ 108% vs 2022 (€ 3,237) Unfavourable step	€ 7,533 Total debts 2024: € 7,533 ▲ 12% vs 2023 (€ 6,747) Unfavourable step	€ 11,884 Total debts 2025: € 11,884 ▲ 58% vs 2024 (€ 7,533) Unfavourable step	▲ 58%
Cash	€ 55,939 Cash 2022: € 55,939 First fiscal year in the series	€ 50,585 Cash 2023: € 50,585 ▼ 10% vs 2022 (€ 55,939) Unfavourable step	€ 52,954 Cash 2024: € 52,954 ▲ 5% vs 2023 (€ 50,585) Favourable step	€ 47,613 Cash 2025: € 47,613 ▼ 10% vs 2024 (€ 52,954) Unfavourable step	▼ 10%
Retained profit	€ -8,787 Retained profit 2022: € -8,787 First fiscal year in the series	€ -11,441 Retained profit 2023: € -11,441 ▼ € 2,654 vs 2022 (€ -8,787) Unfavourable step	€ -15,850 Retained profit 2024: € -15,850 ▼ € 4,409 vs 2023 (€ -11,441) Unfavourable step	€ -25,531 Retained profit 2025: € -25,531 ▼ € 9,681 vs 2024 (€ -15,850) Unfavourable step	▼ € 9,681
Balance sheet total	€ 55,950 Balance sheet total 2022: € 55,950 First fiscal year in the series	€ 56,805 Balance sheet total 2023: € 56,805 ▲ 2% vs 2022 (€ 55,950) Unchanged	€ 53,183 Balance sheet total 2024: € 53,183 ▼ 6% vs 2023 (€ 56,805) Unchanged	€ 47,853 Balance sheet total 2025: € 47,853 ▼ 10% vs 2024 (€ 53,183) Unchanged	▼ 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:

2031 Meng Wang stepped down as director. NBB
2027 Michael KRYWKO stepped down as director. NBB
2027 INTERTRUST (BELGIUM) NV stepped down as director. NBB
Jul 2, 2026 New annual accounts for financial year 2025: loss of € 9,681. Source: NBB ↗
2026 Thomaz Pentz became a director. NBB
2026 LinLin Liu stepped down as director. NBB
2024 Stefan Ziegler became a director. NBB
2024 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 ↗

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%).

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 +28 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

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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) ↗

RAC 1 GP

Warning lights

Financials

What happened to RAC 1 GP?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions