Financials
Financial year 2026
Ragolle Rugs from Waregem, company number BE0849622505, closed financial year 2026 with a result of € 891,951 after tax. For that financial year Ragolle Rugs recorded revenue of € 36.4 million and equity of € 16.1 million. Compared with financial year 2025, the result moved from € 685,213 to € 891,951. Profitable, and profit is growing. 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 September 30, 2026.
€ 16.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 891,951
▲ 30% vs 2025
Profit after tax over the fiscal year.
€ 4.5 million
▲ 67% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 897,395 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
148
▼ 2.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 9.2 million
€ 61,900 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.
€ 148,971
▼ 41% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 4.7 million
▼ 6% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 1.7 million
▲ 3% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 49,510,647 | € 36,473,079 | € 36,975,396 | € 36,350,476 | ▼ 2% |
| Profit after taxes | € 1,066,169 | € 1,210,867 | € 685,213 | € 891,951 | ▲ 30% |
| Equity | € 16,099,404 | € 16,092,271 | € 16,087,484 | € 16,082,041 | |
| Total debts | € 7,754,563 | € 8,279,561 | € 8,357,249 | € 8,298,702 | ▼ 1% |
| Cash | € 1,133,735 | € 2,687,866 | € 2,705,757 | € 4,526,119 | ▲ 67% |
| Retained profit | € 14,898,878 | € 14,891,745 | € 14,886,958 | € 14,881,515 | |
| Dividend | € 1,096,404 | € 1,218,000 | € 690,000 | € 897,395 | ▲ 30% |
| Balance sheet total | € 23,853,967 | € 24,371,832 | € 24,444,733 | € 24,380,743 | |
| Employees (FTE) | 148.4 | 142.1 | 150.7 | 148 | ▼ 2.7 |
Key figures of Ragolle Rugs, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Ragolle Rugs?
What happened at Ragolle Rugs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Victoria Midco Holdings Ltd. stepped down as director. NBB
- Kaats BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 891,951 (▲ 30% vs 2025). Source: NBB ↗
- Marc Dessein BV stepped down as director. NBB
- Victoria Midco Holdings Ltd. became a director. NBB
- Kaats BV became a director. NBB
- Philippe Hamers stepped down as director. NBB
- Philippe Hamers became a director. NBB
In short
From € 1.1 million profit in 2023 to € 891,951 profit in 2026.
Paid € 1.3 million in corporate taxes since 2023.
Best year ever: 2024, with € 1.2 million profit.
Paid out € 3.9 million in dividends to the owners in total.
Management
The stake of BALTA INDUSTRIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Ragolle RugsThe shares are held by BALTA INDUSTRIES (100%).
Directors
According to the 2026 annual accounts
Victoria Midco Holdings Ltd.
Director · represented by Roberto Moreno
since 2025 · until 2031
Director · represented by Katrien Vandenbroucke
since 2025 · until 2031
Philippe Hamers
Director
since 2022 · until 2025
Director · represented by Marc Dessein
Also active at: BALTA OUDENAARDE, BALTA INDUSTRIES, D&B IMMO PROJECTS, Balta Services
since 2022 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Maalbeekstraat 1
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Domain
Domain
ragolle.com
Registered
2002-08-06
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-08-06
Website info
Features
Security
Details
- Company number
- 0849.622.505
- VAT number
- BE 0849.622.505
- Registered office
- Maalbeekstraat 1, 8790 Waregem
- Names & denominations
- Ragolle Rugs
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2012
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ragolle.com
- Activities · NACE
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