Financials
Financial year 2024
Razor Reel from Brugge, company number BE0881647153, closed financial year 2024 with a result of € 2,009 after tax. For that financial year Razor Reel recorded revenue of € 30,366 and equity of € 40,449. Compared with financial year 2023, the result moved from € -8,386 to € 2,009. 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 August 29, 2025.
€ 40,449
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,009
▲ still € 8,386 loss in 2023
Profit after tax over the fiscal year.
€ 37,097
▼ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
€ 1,025
▼ 18% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,054
▼ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 922
▼ 83% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | € 28,291 | € 30,366 | ▲ 7% |
| Gross margin | € -4,616 | € 5,799 | ▲ € 10,416 |
| Profit after taxes | € -8,386 | € 2,009 | ▲ € 10,395 |
| Equity | € 38,439 | € 40,449 | ▲ 5% |
| Total debts | € 14,314 | € 6,305 | ▼ 56% |
| Cash | € 42,062 | € 37,097 | ▼ 12% |
| Retained profit | € 38,439 | € 40,449 | ▲ 5% |
| Balance sheet total | € 52,753 | € 46,754 | ▼ 11% |
Key figures of Razor Reel, fiscal years 2023 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 Razor Reel?
What happened at Razor Reel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,009. filed late Source: NBB ↗
- Joke Ruysschaert became a director. NBB
- Patrick Van Hauwaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,386 loss in 2023 to € 2,009 profit in 2024.
Best year ever: 2024, with € 2,009 profit.
Management
Behind Razor Reel are Joke Ruysschaert and Patrick Van Hauwaert. Patrick Van Hauwaert is also behind Rolipa.
Directors
According to the 2024 annual accounts
Joke Ruysschaert
Director
since 2013
since 2006
Establishments
Establishment units
Physical locations of this company
Gistelse Steenweg 572
8200 Brugge
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
- 0881.647.153
- VAT number
- BE 0881.647.153
- Registered office
- Gistelse Steenweg 572, 8200 Brugge
- Names & denominations
- Razor Reel
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 2 June 2006
- Peppol
- Active · Active since 25 Dec 2025
- Activities · NACE
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Promotie en organisatie van uitvoerende kunstevenementen