Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RCA 38 from Hasselt, company number BE0738754968, closed financial year 2025 with a result of € 50,219 after tax. For that financial year RCA 38 recorded revenue of € 1.2 million and equity of € 3 million. Compared with financial year 2024, the result moved from € -44,424 to € 50,219. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,219
▲ still € 44,424 loss in 2024
Profit after tax over the fiscal year.
€ 6,502
▼ 98% 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 € 1.5 million.
Debts at end 2025
€ 1.5 million
▼ 19% vs 2024
€ 356,985 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 77,077
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 18,828
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,185,888 | € 1,235,482 | ▲ 4% |
| Gross margin | € 148,561 | € 136,772 | - | - | |
| Profit after taxes | € 656,658 | € 365,299 | € -44,424 | € 50,219 | ▲ € 94,643 |
| Equity | € 2,592,696 | € 2,957,995 | € 2,913,572 | € 2,963,791 | ▲ 2% |
| Total debts | € 3,477,353 | € 8,692,765 | € 8,946,715 | € 8,418,991 | ▼ 6% |
| Cash | € 41,687 | € 33,807 | € 337,164 | € 6,502 | ▼ 98% |
| Retained profit | € 1,092,696 | € 1,457,995 | € 1,413,572 | € 1,463,791 | ▲ 4% |
| Dividend | € 250,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,346,785 | € 2,139,854 | € 1,887,109 | € 1,531,146 | ▼ 19% |
| Balance sheet total | € 6,070,049 | € 11,650,760 | € 11,860,286 | € 11,382,782 | ▼ 4% |
Key figures of RCA 38, 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 RCA 38?
What happened at RCA 38 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,219. Source: NBB ↗
- Mad became a director. NBB
- Mellemans became a director. NBB
- Bladwitt became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 656,658 profit in 2022 to € 50,219 profit in 2025.
Paid € 92,403 in corporate taxes since 2022.
Best year ever: 2022, with € 656,658 profit.
Paid out € 250,000 in dividends to the owners in total.
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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
Management
The stake of Godinite, Travak comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RCA 38Behind RCA 38 are Mad, Mellemans and Bladwitt. The shares are held by Godinite (100%) and Travak (10%). It owns 100% of HQ38, 100% of Media38, 100% of RCA x Nightingale and 100% of RCA itself.
Directors
According to the 2025 annual accounts
Director · represented by Elly Huysmans
Also active at: SIVAC, Ariël Facilitaire Diensten, DILITO, HQ38, Job Expert, STIMMER, sQills, HEAD OFFICE +27 more
since 2024
Director · represented by Jo Mellemans
Also active at: SIVAC, Ariël Facilitaire Diensten, DILITO, HQ38, Job Expert, STIMMER, sQills, HEAD OFFICE +28 more
since 2024
Director · represented by Tom Van den Bergh
Also active at: HQ38, HEAD OFFICE, Media38, Born Digital, RCA X NIGHTINGALE, RCA
since 2024
Participations
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 38
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0738.754.968
- VAT number
- BE 0738.754.968
- Registered office
- Koningin Astridlaan 38, 3500 Hasselt
- Names & denominations
- RCA 38
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2019
- Peppol
- Active · Active since 27 Jul 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren