Financials
Financial year 2025
Royal Football Club Liégeois from Liège, company number BE0838180067, closed financial year 2025 with a result of € -529,839 after tax. For that financial year Royal Football Club Liégeois recorded a gross margin of € 1.9 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 62,365 to € -529,839. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 8, 2026.
€ 2.1 million
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -529,839
▼ still € 62,365 profit in 2024
Profit after tax over the fiscal year.
€ 123,736
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
27.9
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 14% vs 2024
€ 80,800 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.
€ 10,169
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 129,510
▼ 12% vs 2024
€ 17,864 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 167,991
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,995
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 545,258 | € 571,995 | € 2,091,088 | € 1,925,953 | ▼ 8% |
| Profit after taxes | € -427,948 | € -740,529 | € 62,365 | € -529,839 | ▼ € 592,204 |
| Equity | € 295,229 | € -325,300 | € 2,637,065 | € 2,107,226 | ▼ 20% |
| Total debts | € 1,103,769 | € 2,066,339 | € 629,705 | € 1,742,736 | ▲ 177% |
| Cash | € 73,991 | € 54,443 | € 64,689 | € 123,736 | ▲ 91% |
| Retained profit | € -1,067,271 | € -1,807,800 | € -1,745,435 | € -2,275,274 | ▼ € 529,839 |
| Bank debt | € 6,874 | € 172,822 | € 147,374 | € 129,510 | ▼ 12% |
| Balance sheet total | € 1,438,998 | € 1,776,539 | € 3,302,270 | € 3,889,962 | ▲ 18% |
| Employees (FTE) | 16.4 | 20.4 | 24.9 | 27.9 | ▲ 3 |
Key figures of Royal Football Club Liégeois, 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 January 2027.
What happened to Royal Football Club Liégeois?
What happened at Royal Football Club Liégeois in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Francisco ALFARO stepped down as director. NBB
- Jean-Paul LACOMBLE stepped down as director. NBB
- Victor ALVAREZ stepped down as director. NBB
- David KIRSCH stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 529,839 (▼ € 592,204 vs 2024). Source: NBB ↗
- Pierre FRANCOIS stepped down as director. NBB
- Pierre FRANCOIS became a director. NBB
- Francisco ALFARO became a director. NBB
In short
From € 427,948 loss in 2022 to € 529,839 loss in 2025.
Paid € 1,024 in corporate taxes since 2022.
Best year ever: 2024, with € 62,365 profit.
On average € 69,000 of value added per employee in 2025.
A new publication or filing at Royal Football Club Liégeois? 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 Sang et Marine Holding, JPL INVESTISSEMENTS, Compagnie Financière M.G.B. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Royal Football Club LiégeoisThe shares are held by Sang et Marine Holding (100%), JPL INVESTISSEMENTS (6.2%) and Compagnie Financière M.G.B. (3.4%). It owns 4.6% of STADE DE ROCOURT itself.
Directors
According to the 2025 annual accounts
Pierre FRANCOIS
Director
since 2023 · until 2025
Francisco ALFARO
Director
since 2023 · until 2029
Jean-Paul LACOMBLE
Director
since 2023 · until 2029
since 2023 · until 2029
David KIRSCH
Director
since 2023 · until 2029
Shareholders
Participations
4.6%
Establishments
Establishment units
Physical locations of this company
Rue de la Tonne 80
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Banque alimentaire de la Province de Liège
Royal Football Club de Liége
STADE DE ROCOURT same network
€ -35,651 gross margin · 2025
Groupe RFCL
SANG ET MARINE (Sports Association)
+3 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
- 0838.180.067
- VAT number
- BE 0838.180.067
- Registered office
- Rue de la Tonne 80, 4000 Liège
- Names & denominations
- Royal Football Club Liégeois · R.F.C.Liégeois
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2011
- Peppol
- Active · Active since 30 Jun 2026
- Activities · NACE
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