Financials
Financial year 2025
Let's Ravel Out from Gent, company number BE0729800482, closed financial year 2025 with a result of € 82,076 after tax. For that financial year Let's Ravel Out recorded a gross margin of € 129,405 and equity of € 22,651. Compared with financial year 2024, the result moved from € 20,637 to € 82,076. Profitable, and profit is growing. 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 July 20, 2026.
€ 22,651
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,076
▲ 298% vs 2024
Profit after tax over the fiscal year.
€ 36,856
▲ € 28,014 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 96,419 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 15,253
▲ 2% vs 2024
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 2025
€ 21,729
€ 11,729 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 481
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,549
▲ € 35,351 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,823 | € 15,735 | € 46,420 | € 129,405 | ▲ 179% |
| Profit after taxes | € -8,299 | € 1,697 | € 20,637 | € 82,076 | ▲ 298% |
| Equity | € 14,661 | € 16,358 | € 36,995 | € 22,651 | ▼ 39% |
| Total debts | € 80,776 | € 86,218 | € 69,104 | € 207,622 | ▲ 200% |
| Cash | € 13,248 | € 22,072 | € 8,841 | € 36,856 | ▲ € 28,014 |
| Retained profit | € 13,661 | € 15,358 | € 35,995 | € 21,651 | ▼ 40% |
| Dividend | € 100,000 | € 0 | € 0 | € 96,419 | |
| Bank debt | € 46,000 | € 46,486 | € 21,729 | € 21,729 | |
| Balance sheet total | € 95,437 | € 102,576 | € 106,099 | € 230,273 | ▲ 117% |
Key figures of Let's Ravel Out, 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 Let's Ravel Out?
What happened at Let's Ravel Out in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,076 (▲ 298% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,299 loss in 2022 to € 82,076 profit in 2025.
Paid € 41,114 in corporate taxes since 2022.
Best year ever: 2025, with € 82,076 profit.
Paid out € 196,419 in dividends to the owners in total.
Management
Behind Let's Ravel Out is Veerle Steyaert.
Directors
According to the 2025 annual accounts
Veerle Steyaert
Director
Establishments
Establishment units
Physical locations of this company
Sint-Daniëlstraat 15
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0729.800.482
- VAT number
- BE 0729.800.482
- Registered office
- Sint-Daniëlstraat 15, 9050 Gent
- Names & denominations
- Let's Ravel Out · LRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2019
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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