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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RAC IMMO from Kalmthout, company number BE0738975494, closed financial year 2025 with a result of € 10,682 after tax. For that financial year RAC IMMO recorded a gross margin of € 65,443 and equity of € 702,384. Compared with financial year 2024, the result moved from € 2,168 to € 10,682. 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 June 20, 2026.
€ 702,384
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,682
▲ € 8,514 vs 2024
Profit after tax over the fiscal year.
€ 55,617
▲ € 41,886 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 € -37,616.
People and assets in 2025
€ 134,896
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 287,392
▲ 84% vs 2024
€ 19,448 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 422
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,309 | € 44,762 | € 47,591 | € 65,443 | ▲ 38% |
| Profit after taxes | € -34,239 | € 191 | € 2,168 | € 10,682 | ▲ € 8,514 |
| Equity | € 689,343 | € 689,534 | € 691,702 | € 702,384 | ▲ 2% |
| Total debts | € 578,480 | € 556,845 | € 627,834 | € 1,428,843 | ▲ 128% |
| Cash | € 10,073 | € 11,483 | € 13,731 | € 55,617 | ▲ € 41,886 |
| Land & buildings | € 1,255,835 | € 1,232,646 | € 1,290,023 | € 1,911,640 | ▲ 48% |
| Retained profit | € -50,657 | € -50,466 | € -48,298 | € -37,616 | ▲ € 10,682 |
| Bank debt | € 192,578 | € 174,465 | € 155,917 | € 287,392 | ▲ 84% |
| Balance sheet total | € 1,267,823 | € 1,246,379 | € 1,319,536 | € 2,131,227 | ▲ 62% |
Key figures of RAC IMMO, 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 IMMO?
What happened at RAC IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,682 (▲ € 8,514 vs 2024). Source: NBB ↗
- New establishment in Kalmthout. KBO
- Carla Boden became a director. NBB
- David De Kooning became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,239 loss in 2022 to € 10,682 profit in 2025.
Best year ever: 2025, with € 10,682 profit.
Management
Behind RAC IMMO are Carla Boden and David De Kooning. The same people are also behind DE KOONING METAALWERKEN.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Essensteenweg (Nm) 98
2920 Kalmthout
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
- 0738.975.494
- VAT number
- BE 0738.975.494
- Registered office
- Essensteenweg (Nm) 98, 2920 Kalmthout
- Names & denominations
- RAC IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2019
- Peppol
- Active · Active since 11 Feb 2025
- Activities · NACE
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