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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RAES MOTOREN from Oostende, company number BE0758796554, closed financial year 2025 with a result of € -140,164 after tax. For that financial year RAES MOTOREN recorded a gross margin of € 1.8 million and equity of € -183,629. Compared with financial year 2024, the result moved from € -43,817 to € -140,164. The company made a loss. 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 August 24, 2026.
€ -183,629
▼ € 140,164 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -140,164
▼ 220 % more loss than in 2024
Profit after tax over the fiscal year.
€ 117,258
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -188,629.
People and assets in 2025
26
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 1% vs 2024
€ 72,400 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.
€ 10,569
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 106,176
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 167,297
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 266,708
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,025,488 | € 1,386,890 | € 1,970,635 | € 1,840,096 | ▼ 7% |
| Profit after taxes | € 33,709 | € -13,655 | € -43,817 | € -140,164 | ▼ € 96,347 |
| Equity | € 14,007 | € 352 | € -43,465 | € -183,629 | ▼ € 140,164 |
| Total debts | € 625,647 | € 1,266,982 | € 1,132,185 | € 1,351,660 | ▲ 19% |
| Cash | € 28,200 | € 83,077 | € 311,591 | € 117,258 | ▼ 62% |
| Retained profit | € 9,007 | € -4,648 | € -48,465 | € -188,629 | ▼ € 140,164 |
| Dividend | € 30,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 53,396 | € 700,000 | € 105,151 | € 106,176 | ▲ 1% |
| Balance sheet total | € 639,654 | € 1,267,334 | € 1,088,720 | € 1,168,031 | ▲ 7% |
| Employees (FTE) | 15 | 19.9 | 29.3 | 26 | ▼ 3.3 |
Key figures of RAES MOTOREN, 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 RAES MOTOREN?
What happened at RAES MOTOREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 140,164. filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,709 profit in 2022 to € 140,164 loss in 2025.
Paid € 26,817 in corporate taxes since 2022.
Best year ever: 2022, with € 33,709 profit.
On average € 70,800 of value added per employee in 2025.
Management
The stake of RAES OOSTKAMP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RAES MOTORENBehind RAES MOTOREN are Rita Versieck, Raes Oostkamp BV, Raes Autoconsult BV and Curruscura BV. The shares are held by RAES OOSTKAMP (100%).
Directors
According to the 2025 annual accounts
Rita Versieck
Director
Also active at: RAES BRUGGE, RAES OOSTKAMP, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE
Director · represented by Patrick Raes
Also active at: RAES BRUGGE, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, Vera Holding
Director · represented by Stijn Raes
Also active at: RAES BRUGGE, RAES OOSTKAMP, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE
Managing director · represented by Nico Raes
Also active at: RAES BRUGGE, RAES OOSTKAMP, RAES DAMME, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoordestraat 442
8400 Oostende
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
- 0758.796.554
- VAT number
- BE 0758.796.554
- Registered office
- Zandvoordestraat 442, 8400 Oostende
- Names & denominations
- RAES MOTOREN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Verhuur en lease van caravans en motorhomes
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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