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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RAGNAR from Namur, company number BE0766255656, closed financial year 2025 with a result of € 300,182 after tax. For that financial year RAGNAR recorded a gross margin of € 402,142 and equity of € 69,520. Compared with financial year 2024, the result moved from € 115,553 to € 300,182. Profitable, and profit is growing. The buffer shrank hard: equity is 59 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 69,520
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 300,182
▲ 160% vs 2024
Profit after tax over the fiscal year.
€ 28,871
▲ € 24,121 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 275
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,082
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 | |
|---|---|---|---|---|---|
| Gross margin | € -453 | € -1,130 | € 153,540 | € 402,142 | ▲ 162% |
| Profit after taxes | € -1,699 | € -3,072 | € 115,553 | € 300,182 | ▲ 160% |
| Equity | € 56,857 | € 53,785 | € 169,338 | € 69,520 | ▼ 59% |
| Total debts | € 1,192,000 | € 1,193,222 | € 843,349 | € 488,357 | ▼ 42% |
| Cash | € 11,612 | € 9,761 | € 4,751 | € 28,871 | ▲ € 24,121 |
| Retained profit | € -5,143 | € -8,215 | € 107,338 | € 7,520 | ▼ 93% |
| Dividend | € 0 | € 0 | € 0 | € 400,000 | |
| Balance sheet total | € 1,248,857 | € 1,247,007 | € 1,012,687 | € 557,877 | ▼ 45% |
Key figures of RAGNAR, 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 RAGNAR?
What happened at RAGNAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 300,182 (▲ 160% vs 2024). Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,699 loss in 2022 to € 300,182 profit in 2025.
Paid € 136,143 in corporate taxes since 2022.
Best year ever: 2025, with € 300,182 profit.
Paid out € 400,000 in dividends to the owners in total.
A new publication or filing at RAGNAR? We notify you, reason included.
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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 Shelby comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RAGNARBehind RAGNAR is Shelby. The shares are held by Shelby (100%).
Establishments
Establishment units
Physical locations of this company
Tienne aux Clochers(WP) 86
5100 Namur
Avenue Félicien Rops 23 box 1
5000 Namur
Active since 1 June 2021
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
- 0766.255.656
- VAT number
- BE 0766.255.656
- Registered office
- Tienne aux Clochers(WP) 86, 5100 Namur
- Names & denominations
- RAGNAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2021
- Peppol
- Active · Active since 22 Dec 2025