Financials
Financial year 2024
RAO TECH from Sint-Gillis (bij-Brussel), company number BE0880021513, closed financial year 2024 with a result of € 64,318 after tax. For that financial year RAO TECH recorded a gross margin of € 88,801 and equity of € 511,445. Compared with financial year 2023, the result moved from € 49,324 to € 64,318. 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 October 29, 2025.
€ 511,445
▲ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,318
▲ 30% vs 2023
Profit after tax over the fiscal year.
€ 337,556
▲ 122% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 505,245.
People and assets in 2024
€ 6,242
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 6,251
▲ 119% vs 2023
Loans from banks and other lenders, long and short.
€ 148,836
▲ € 137,618 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,721
▼ 32% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 165,173 | € 161,532 | € 82,501 | € 88,801 | ▲ 8% |
| Profit after taxes | € 78,441 | € 75,630 | € 49,324 | € 64,318 | ▲ 30% |
| Equity | € 399,053 | € 474,682 | € 447,127 | € 511,445 | ▲ 14% |
| Total debts | € 68,136 | € 53,100 | € 102,269 | € 176,067 | ▲ 72% |
| Cash | € 294,063 | € 362,896 | € 152,285 | € 337,556 | ▲ 122% |
| Retained profit | € 392,853 | € 468,482 | € 440,927 | € 505,245 | ▲ 15% |
| Dividend | € 0 | € 0 | € 76,879 | € 0 | ▼ 100% |
| Bank debt | € 2,846 | € 2,846 | € 2,858 | € 6,251 | ▲ 119% |
| Balance sheet total | € 467,188 | € 527,782 | € 549,396 | € 687,511 | ▲ 25% |
Key figures of RAO TECH, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RAO TECH?
What happened at RAO TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 64,318 (▲ 30% vs 2023). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,441 profit in 2021 to € 64,318 profit in 2024.
Paid € 110,158 in corporate taxes since 2021.
Best year ever: 2021, with € 78,441 profit.
Paid out € 76,879 in dividends to the owners in total.
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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
Behind RAO TECH is Raghavendra Rao Katpadi.
Directors
According to the 2024 annual accounts
Raghavendra Rao Katpadi
Director
Establishments
Establishment units
Physical locations of this company
Faiderstraat 7
1060 Sint-Gillis (bij-Brussel)
Tenbosstraat 85
1050 Elsene
Active since 1 April 2006
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.021.513
- VAT number
- BE 0880.021.513
- Registered office
- Faiderstraat 7, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- RAO TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2006
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
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