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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Ragheno Development from Antwerpen, company number BE0788301182, closed financial year 2025 with a result of € -150,668 after tax. Compared with financial year 2024, the result moved from € -168,332 to € -150,668. The company made a loss. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 65,300
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -150,668
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 468,283
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -434,700.
Debts at end 2025
€ 2.3 million
Loans from banks and other lenders, long and short.
€ 340,730
▲ 230% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 298 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -9,427 | € -106,273 | € -168,332 | € -150,668 | ▲ € 17,664 |
| Equity | € 115,573 | € 384,300 | € 215,968 | € 65,300 | ▼ 70% |
| Total debts | € 1,430,749 | € 1,506,100 | € 2,368,279 | € 3,164,293 | ▲ 34% |
| Cash | € 101,905 | € 11,275 | € 265,292 | € 468,283 | ▲ 77% |
| Retained profit | € -9,427 | € -115,700 | € -284,032 | € -434,700 | ▼ € 150,668 |
| Bank debt | € 0 | € 0 | € 0 | € 2,295,000 | |
| Balance sheet total | € 1,546,322 | € 1,890,400 | € 2,584,248 | € 3,229,593 | ▲ 25% |
Key figures of Ragheno Development, 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 Ragheno Development?
What happened at Ragheno Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LUMA REAL ESTATE BV stepped down as director. NBB
- AMAURY DE CROMBRUGGHE BV stepped down as director. NBB
- MARC VAN BEGIN BV stepped down as director. NBB
- VOORUITZICHT NV stepped down as director. NBB
- KVB INVEST BV stepped down as director. NBB
- ROKUFIN BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 150,668. Source: NBB ↗
- LUMA REAL ESTATE BV became a director. NBB
In short
From € 9,427 loss in 2022 to € 150,668 loss in 2025.
A new publication or filing at Ragheno Development? 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 AG REAL ESTATE LAND, GOED HAANTJESLEI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Ragheno DevelopmentThe shares are held by AG REAL ESTATE LAND (50%) and GOED HAANTJESLEI (50%).
Directors
According to the 2025 annual accounts
Director · represented by Bert Grugeon
Also active at: Van Roey Rode, MOMMEN WEGENBOUW, PRESTIBEL LEFT VILLAGE, VULKANXPRESS, SCHIPPERSKAAI DEVELOPMENT, SCHIPPERSKAAI LAND, MECHELEN RAGHENO SITE, ATAVUS ZUID +6 more
since 2025 · until 2027
Director · represented by Amaury de Crombrugghe
Also active at: AG REAL ESTATE, Brussels International Trade Mart Ltd. and Co., TOLEDA INVEST, Citymo, JEAN CRAB ET SES FILS, NOUVELLES GALERIES DU BOULEVARD ANSPACH, Brussels International Cash and Carry Center, GALERIES SAINT-LAMBERT +51 more
since 2025 · until 2027
Director · represented by Marc Van Begin
Also active at: LE CERTIFICAT FONCIER - HET VASTGOEDCERTIFICAAT, AG REAL ESTATE, INTERPARKING, Le Patrimoine immobilier - Het Onroerende Vermogen, Brussels International Trade Mart Ltd. and Co., Citymo, AG REAL ESTATE LAND, NOUVELLES GALERIES DU BOULEVARD ANSPACH +70 more
since 2022 · until 2027
Director · represented by Luc Van Maercke
Owns 50% via GOED HAANTJESLEI
Also active at: URBAN, PRESTIBEL LEFT VILLAGE, BETACOM, Land Bank Vooruitzicht, P x 3 Development, MECHELEN RAGHENO SITE, URBAN DEVELOPMENT, REGATTA-L.O. +7 more
since 2022 · until 2027
Director · represented by Christel Van Ballaer
Also active at: MECHELEN RAGHENO SITE, KACE INVESTMENTS, FORCE BLUE, ForceSale
since 2025 · until 2027
Director · represented by Erik Koeklenberg
Also active at: URBAN, PRESTIBEL LEFT VILLAGE, BETACOM, Land Bank Vooruitzicht, P x 3 Development, JOBUFINVEST, MECHELEN RAGHENO SITE, URBAN DEVELOPMENT +9 more
since 2022 · until 2027
Shareholders
GOED HAANTJESLEI · holding of VOORUITZICHT NV
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leopold de Waelplaats 26
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →VOORUITZICHT same network
€ 6 million revenue · 2025
SOCREAL
€ 381,309 gross margin · 2025
URBAN same network
€ 554,062 gross margin · 2025
PRESTIBEL LEFT VILLAGE same network
€ 5.2 million gross margin · 2025
BETACOM same network
€ 96,781 gross margin · 2025
+16 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
- 0788.301.182
- VAT number
- BE 0788.301.182
- Registered office
- Leopold de Waelplaats 26, 2000 Antwerpen
- Names & denominations
- Ragheno Development
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2022
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
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