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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RALS from Antwerpen, company number BE0749878492, closed financial year 2025 with a result of € 43,020 after tax. For that financial year RALS recorded a gross margin of € 55,183 and equity of € -245,071. Compared with financial year 2024, the result moved from € -277,372 to € 43,020. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 25, 2026.
€ -245,071
▲ € 43,020 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,020
▲ still € 277,372 loss in 2024
Profit after tax over the fiscal year.
€ 23,372
▲ 32% 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 € -248,071.
People and assets in 2025
€ 10,287
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,377
▲ 214% vs 2024
€ 13,797 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 766
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,804
▲ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,740 | € -23,146 | € 24,439 | € 55,183 | ▲ 126% |
| Profit after taxes | € 13,557 | € -34,571 | € -277,372 | € 43,020 | ▲ € 320,392 |
| Equity | € 23,851 | € -10,719 | € -288,091 | € -245,071 | ▲ € 43,020 |
| Total debts | € 311,384 | € 306,872 | € 325,720 | € 293,992 | ▼ 10% |
| Cash | € 13,807 | € 11,896 | € 17,764 | € 23,372 | ▲ 32% |
| Retained profit | € 20,851 | € -13,719 | € -291,091 | € -248,071 | ▲ € 43,020 |
| Dividend | € 1,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 31,198 | € 24,646 | € 17,314 | € 54,377 | ▲ 214% |
| Balance sheet total | € 335,235 | € 296,152 | € 37,629 | € 48,921 | ▲ 30% |
Key figures of RALS, 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 RALS?
What happened at RALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,020. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Barry Van der Aa became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,557 profit in 2022 to € 43,020 profit in 2025.
Paid € 4,357 in corporate taxes since 2022.
Best year ever: 2025, with € 43,020 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind RALS are Barry Van der Aa and Mieke Sappenberghs. It owns 50% of Bouwbedrijf Nagels itself.
Directors
According to the 2025 annual accounts
since 2020
Mieke Sappenberghs
Director
Establishments
Establishment units
Physical locations of this company
Jules Moretuslei 484
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0749.878.492
- VAT number
- BE 0749.878.492
- Registered office
- Jules Moretuslei 484, 2610 Antwerpen
- Names & denominations
- RALS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2020
- Peppol
- Active · Active since 21 May 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg
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