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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.9 to 3.3.
Financials
Financial year 2024
RALUCO from Harelbeke, company number BE0661804670, closed financial year 2024 with a result of € -39,663 after tax. For that financial year RALUCO recorded a gross margin of € 237,397 and equity of € 65,173. Compared with financial year 2023, the result moved from € 1,101 to € -39,663. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2025.
€ 65,173
▼ 38% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,663
▼ still € 1,101 profit in 2023
Profit after tax over the fiscal year.
€ 20,191
▼ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 15,173.
People and assets in 2024
3.3
▼ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 214,480
▼ 4% vs 2023
€ 65,000 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.
Debts at end 2024
€ 265,190
▼ 22% vs 2023
€ 76,753 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 74,392
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 46,063
▼ 15% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 256,027 | € 306,940 | € 303,911 | € 237,397 | ▼ 22% |
| Profit after taxes | € -3,349 | € 4,479 | € 1,101 | € -39,663 | ▼ € 40,765 |
| Equity | € 99,256 | € 103,735 | € 104,836 | € 65,173 | ▼ 38% |
| Total debts | € 467,720 | € 540,826 | € 474,274 | € 396,051 | ▼ 16% |
| Cash | € 14,514 | € 55,088 | € 22,584 | € 20,191 | ▼ 11% |
| Land & buildings | € 16,339 | € 15,318 | € 14,297 | € 13,276 | ▼ 7% |
| Retained profit | € 49,256 | € 53,735 | € 54,836 | € 15,173 | ▼ 72% |
| Bank debt | € 398,451 | € 410,093 | € 341,297 | € 265,190 | ▼ 22% |
| Balance sheet total | € 566,976 | € 644,561 | € 579,110 | € 461,225 | ▼ 20% |
| Employees (FTE) | 4.3 | 4.9 | 4 | 3.3 | ▼ 0.7 |
Key figures of RALUCO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RALUCO?
What happened at RALUCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 39,663 (▼ € 40,765 vs 2023). Source: NBB ↗
- JEF WILMOTS became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,349 loss in 2021 to € 39,663 loss in 2024.
Best year ever: 2022, with € 4,479 profit.
On average € 71,900 of value added per employee in 2024.
Management
The stake of CLAERHOUT Aluminium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RALUCOBehind RALUCO is JEF WILMOTS. The shares are held by CLAERHOUT Aluminium (98%).
Directors
According to the 2024 annual accounts
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Blokkestraat 2
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0661.804.670
- VAT number
- BE 0661.804.670
- Registered office
- Blokkestraat 2, 8530 Harelbeke
- Names & denominations
- RALUCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2016
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling van metalen