What does RAFFLES do?

RAFFLES is a joiner in Lierde. Private Limited, started on 19 May 2009, 1 establishment.

What is the address of RAFFLES?

The registered office of RAFFLES is located at Wolfsveld 5, 9570 Lierde.

Is RAFFLES still active?

Yes. According to the CBE (29 October 2026) RAFFLES is active, legal situation “Normale toestand”, started on 19 May 2009.

Is RAFFLES registered on Peppol?

Yes, RAFFLES is registered on the Peppol network with ID 0208:0811821110.

What is the enterprise number of RAFFLES?

The enterprise number of RAFFLES is BE0811821110.

When was RAFFLES founded?

RAFFLES was founded on 19 May 2009.

Who are the directors of RAFFLES?

According to the 2025 annual accounts, the directors of RAFFLES are: Joris Flies.

Is RAFFLES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 May 2009; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did RAFFLES make in 2025?

RAFFLES posted a profit after taxes of € 58,029 in financial year 2025.

What is the revenue of RAFFLES?

As a small company, RAFFLES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 78,652.

RAFFLES (Private Limited) - Lierde - BE0811821110

Dossier RAFFLES, printed on 29 October 2026 from databakkes.be/en/0811821110/raffles. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

RAFFLES from Lierde, company number BE0811821110, closed financial year 2025 with a result of € 58,029 after tax. For that financial year RAFFLES recorded a gross margin of € 78,652 and equity of € 385,508. Compared with financial year 2024, the result moved from € -1,778 to € 58,029. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.

What it is worth Growing

€ 385,508

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 58,029

▲ still € 1,778 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 235,232

▲ 78% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -139,492.

People and assets in 2025

Vehicles and equipment

€ 10,022

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 7,009

▲ 88% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,072

▲ 82% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 29,969 Gross margin 2022: € 29,969 First fiscal year in the series	€ 19,793 Gross margin 2023: € 19,793 ▼ 34% vs 2022 (€ 29,969) Unfavourable step	€ 17,636 Gross margin 2024: € 17,636 ▼ 11% vs 2023 (€ 19,793) Unfavourable step	€ 78,652 Gross margin 2025: € 78,652 ▲ € 61,016 vs 2024 (€ 17,636) Favourable step	▲ € 61,016
Profit after taxes	€ 4,036 Profit after taxes 2022: € 4,036 First fiscal year in the series	€ -3,686 Profit after taxes 2023: € -3,686 ▼ € 7,721 vs 2022 (€ 4,036) Unfavourable step	€ -1,778 Profit after taxes 2024: € -1,778 ▲ € 1,907 vs 2023 (€ -3,686) Favourable step	€ 58,029 Profit after taxes 2025: € 58,029 ▲ € 59,807 vs 2024 (€ -1,778) Favourable step	▲ € 59,807
Equity	€ 332,943 Equity 2022: € 332,943 First fiscal year in the series	€ 329,257 Equity 2023: € 329,257 ▼ 1% vs 2022 (€ 332,943) Unfavourable step	€ 327,479 Equity 2024: € 327,479 ▼ 1% vs 2023 (€ 329,257) Unfavourable step	€ 385,508 Equity 2025: € 385,508 ▲ 18% vs 2024 (€ 327,479) Favourable step	▲ 18%
Total debts	€ 32,935 Total debts 2022: € 32,935 First fiscal year in the series	€ 20,126 Total debts 2023: € 20,126 ▼ 39% vs 2022 (€ 32,935) Favourable step	€ 28,684 Total debts 2024: € 28,684 ▲ 43% vs 2023 (€ 20,126) Unfavourable step	€ 41,889 Total debts 2025: € 41,889 ▲ 46% vs 2024 (€ 28,684) Unfavourable step	▲ 46%
Cash	€ 153,163 Cash 2022: € 153,163 First fiscal year in the series	€ 135,786 Cash 2023: € 135,786 ▼ 11% vs 2022 (€ 153,163) Unfavourable step	€ 132,199 Cash 2024: € 132,199 ▼ 3% vs 2023 (€ 135,786) Unfavourable step	€ 235,232 Cash 2025: € 235,232 ▲ 78% vs 2024 (€ 132,199) Favourable step	▲ 78%
Land & buildings	€ 171,094 Land & buildings 2022: € 171,094 First fiscal year in the series	€ 161,074 Land & buildings 2023: € 161,074 ▼ 6% vs 2022 (€ 171,094) Unchanged	€ 151,054 Land & buildings 2024: € 151,054 ▼ 6% vs 2023 (€ 161,074) Unchanged	€ 141,033 Land & buildings 2025: € 141,033 ▼ 7% vs 2024 (€ 151,054) Unchanged	▼ 7%
Retained profit	€ -192,057 Retained profit 2022: € -192,057 First fiscal year in the series	€ -195,743 Retained profit 2023: € -195,743 ▼ € 3,686 vs 2022 (€ -192,057) Unfavourable step	€ -197,521 Retained profit 2024: € -197,521 ▼ € 1,778 vs 2023 (€ -195,743) Unfavourable step	€ -139,492 Retained profit 2025: € -139,492 ▲ € 58,029 vs 2024 (€ -197,521) Favourable step	▲ € 58,029
Balance sheet total	€ 365,878 Balance sheet total 2022: € 365,878 First fiscal year in the series	€ 349,383 Balance sheet total 2023: € 349,383 ▼ 5% vs 2022 (€ 365,878) Unchanged	€ 356,163 Balance sheet total 2024: € 356,163 ▲ 2% vs 2023 (€ 349,383) Unchanged	€ 427,396 Balance sheet total 2025: € 427,396 ▲ 20% vs 2024 (€ 356,163) Unchanged	▲ 20%

Key figures of RAFFLES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to RAFFLES?

What happened at RAFFLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 16, 2026 New annual accounts for financial year 2025: profit of € 58,029. Source: NBB ↗
May 19, 2009 New establishment in Lierde. KBO
May 19, 2009 Start of the company according to the CBE. KBO

In short

From € 4,036 profit in 2022 to € 58,029 profit in 2025.

Paid € 526 in corporate taxes since 2022.

Best year ever: 2025, with € 58,029 profit.

Original PDFs at the National Bank ↗

Management

Joris Flies

RAFFLES

Behind RAFFLES is Joris Flies.

Directors

According to the 2025 annual accounts

Joris Flies

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Wolfsveld 5

9570 Lierde

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 →

DE COSTER BOUW

€ 138,494 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0811.821.110
VAT number: BE 0811.821.110
Registered office: Wolfsveld 5, 9570 Lierde
Names & denominations: RAFFLES
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 19 May 2009
Peppol: Active · Active since 13 Jan 2026
Contact: 0479 54 05 85
Activities · NACE: Schrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗