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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
RACA from Zuienkerke, company number BE0860750482, closed financial year 2025 with a result of € -29,210 after tax. For that financial year RACA recorded a gross margin of € 1,227 and equity of € -81,518. Compared with financial year 2024, the result moved from € -18,773 to € -29,210. 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 August 28, 2026.
€ -81,518
▼ € 29,210 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,210
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 11,973
▲ € 10,107 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -196,518.
People and assets in 2025
€ 784
▲ 102% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,900
▲ 186% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 440
▼ 75% 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 | € 854 | € -7,167 | € 9,386 | € 1,227 | ▼ 87% |
| Profit after taxes | € -26,635 | € -34,625 | € -18,773 | € -29,210 | ▼ € 10,437 |
| Equity | € 1,090 | € -33,535 | € -52,308 | € -81,518 | ▼ € 29,210 |
| Total debts | € 98,080 | € 111,299 | € 115,228 | € 125,492 | ▲ 9% |
| Cash | € 681 | € 1,170 | € 1,866 | € 11,973 | ▲ € 10,107 |
| Land & buildings | € 7,894 | € 6,166 | € 4,212 | € 6,072 | ▲ 44% |
| Retained profit | € -113,910 | € -148,535 | € -167,308 | € -196,518 | ▼ € 29,210 |
| Bank debt | € 163 | € 868 | € 868 | € 0 | ▼ 100% |
| Balance sheet total | € 99,170 | € 77,763 | € 62,920 | € 43,974 | ▼ 30% |
Key figures of RACA, 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 RACA?
What happened at RACA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,210. filed late Source: NBB ↗
- New establishment in Zuienkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,635 loss in 2022 to € 29,210 loss in 2025.
Paid € 416 in corporate taxes since 2022.
Management
Behind RACA are Nicole Paepe and Nicolaas Cheyns. The same people are also behind FUTURNI.
Establishments
Establishment units
Physical locations of this company
Oostendse Steenweg 55
8377 Zuienkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.750.482
- VAT number
- BE 0860.750.482
- Registered office
- Oostendse Steenweg 55, 8377 Zuienkerke
- Names & denominations
- RACA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2003
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant