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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
R&F from De Panne, company number BE0768766570, closed financial year 2025 with a result of € -40,645 after tax. For that financial year R&F recorded a gross margin of € 24,284 and equity of € -151,662. Compared with financial year 2024, the result moved from € 36,902 to € -40,645. 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 July 31, 2026.
€ -151,662
▼ € 40,645 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,645
▼ still € 36,902 profit in 2024
Profit after tax over the fiscal year.
€ 2,572
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -159,662.
Debts at end 2025
€ 389,285
▼ 8% vs 2024
€ 36,059 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 5,707
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,271
▲ 44% 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 | € 10,142 | € 11,921 | € 34,342 | € 24,284 | ▼ 29% |
| Profit after taxes | € -20,579 | € -88,357 | € 36,902 | € -40,645 | ▼ € 77,547 |
| Equity | € -59,562 | € -147,919 | € -111,017 | € -151,662 | ▼ € 40,645 |
| Total debts | € 813,854 | € 954,081 | € 1,001,635 | € 1,012,407 | ▲ 1% |
| Cash | € 8,730 | € 4,900 | € 2,559 | € 2,572 | ▲ 1% |
| Land & buildings | € 712,041 | € 775,436 | € 866,465 | € 840,659 | ▼ 3% |
| Retained profit | € -67,562 | € -155,919 | € -119,017 | € -159,662 | ▼ € 40,645 |
| Bank debt | € 381,095 | € 414,147 | € 424,593 | € 389,285 | ▼ 8% |
| Balance sheet total | € 754,292 | € 806,162 | € 890,618 | € 860,745 | ▼ 3% |
Key figures of R&F, 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 R&F?
What happened at R&F in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,645 (▼ € 77,547 vs 2024). Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,579 loss in 2022 to € 40,645 loss in 2025.
Best year ever: 2024, with € 36,902 profit.
Management
Behind R&F is Moeder Lambik BV. Moeder Lambik BV is also behind LEISURE FUND, ASTORIA HOTELS, LEISURE PROPERTIES, ODT and KLICO.
Directors
According to the 2025 annual accounts
Director · represented by Klaas Van Laeren
Also active at: LEISURE FUND, ASTORIA HOTELS, LEISURE PROPERTIES, ODT, KLICO, Plann CSK, Leisure Cleaning, Clapotis Club +1 more
Establishments
Establishment units
Physical locations of this company
Bonzellaan 16
8660 De Panne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →BOOOSTR!
LEISURE FUND same network
€ 177,315 gross margin · 2025
LEISURE PROPERTIES same network
€ 11,182 gross margin · 2025
ASTORIA REAL ESTATE
€ 636,745 gross margin · 2025
ODT same network
€ 43,228 gross margin · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0768.766.570
- VAT number
- BE 0768.766.570
- Registered office
- Bonzellaan 16, 8660 De Panne
- Names & denominations
- R&F
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2021
- Peppol
- Active · Active since 29 Apr 2026
- Activities · NACE
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