What does R.A.P. MANAGEMENT do?

R.A.P. MANAGEMENT is a management company in Elsene. Private Limited, started on 16 March 2007, 1 establishment.

What is the address of R.A.P. MANAGEMENT?

The registered office of R.A.P. MANAGEMENT is located at Herdersstraat 4, 1050 Elsene.

Is R.A.P. MANAGEMENT still active?

Yes. According to the CBE (29 October 2026) R.A.P. MANAGEMENT is active, legal situation “Normale toestand”, started on 16 March 2007.

Is R.A.P. MANAGEMENT registered on Peppol?

Yes, R.A.P. MANAGEMENT is registered on the Peppol network with ID 0208:0888016291.

What is the enterprise number of R.A.P. MANAGEMENT?

The enterprise number of R.A.P. MANAGEMENT is BE0888016291.

When was R.A.P. MANAGEMENT founded?

R.A.P. MANAGEMENT was founded on 16 March 2007.

Who are the directors of R.A.P. MANAGEMENT?

According to the 2025 annual accounts, the directors of R.A.P. MANAGEMENT are: Rachid AZAOUM.

Is R.A.P. MANAGEMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 March 2007; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did R.A.P. MANAGEMENT make in 2025?

R.A.P. MANAGEMENT recorded a loss after taxes of € 53,981 in financial year 2025.

What is the revenue of R.A.P. MANAGEMENT?

As a small company, R.A.P. MANAGEMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 66,156.

How many employees does R.A.P. MANAGEMENT have?

According to the 2025 annual accounts, R.A.P. MANAGEMENT has 0 full-time equivalents (FTE).

R.A.P. MANAGEMENT (Private Limited) - Elsene

Dossier R.A.P. MANAGEMENT, printed on 29 October 2026 from databakkes.be/en/0888016291/r-a-p-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

R.A.P. MANAGEMENT from Elsene, company number BE0888016291, closed financial year 2025 with a result of € -53,981 after tax. For that financial year R.A.P. MANAGEMENT recorded a gross margin of € 66,156 and equity of € 185,777. Compared with financial year 2024, the result moved from € -74,805 to € -53,981. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.

What it is worth Healthy

€ 185,777

▼ 23% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -53,981

▲ 28 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,185

▲ € 1,026 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -28,064.

People and assets in 2025

Full-time equivalents

▼ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 672

▼ 50% 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

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 68,564

▼ 33% vs 2024

€ 32,975 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 42,716

▼ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 205,224

▲ 72% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 38,279 Gross margin 2022: € 38,279 First fiscal year in the series	€ 28,057 Gross margin 2023: € 28,057 ▼ 27% vs 2022 (€ 38,279) Unfavourable step	€ 35,703 Gross margin 2024: € 35,703 ▲ 27% vs 2023 (€ 28,057) Favourable step	€ 66,156 Gross margin 2025: € 66,156 ▲ 85% vs 2024 (€ 35,703) Favourable step	▲ 85%
Profit after taxes	€ -170,044 Profit after taxes 2022: € -170,044 First fiscal year in the series	€ -81,316 Profit after taxes 2023: € -81,316 ▲ € 88,728 vs 2022 (€ -170,044) Favourable step	€ -74,805 Profit after taxes 2024: € -74,805 ▲ € 6,511 vs 2023 (€ -81,316) Favourable step	€ -53,981 Profit after taxes 2025: € -53,981 ▲ € 20,823 vs 2024 (€ -74,805) Favourable step	▲ € 20,823
Equity	€ 397,591 Equity 2022: € 397,591 First fiscal year in the series	€ 315,705 Equity 2023: € 315,705 ▼ 21% vs 2022 (€ 397,591) Unfavourable step	€ 240,329 Equity 2024: € 240,329 ▼ 24% vs 2023 (€ 315,705) Unfavourable step	€ 185,777 Equity 2025: € 185,777 ▼ 23% vs 2024 (€ 240,329) Unfavourable step	▼ 23%
Total debts	€ 681,003 Total debts 2022: € 681,003 First fiscal year in the series	€ 695,525 Total debts 2023: € 695,525 ▲ 2% vs 2022 (€ 681,003) Unfavourable step	€ 767,696 Total debts 2024: € 767,696 ▲ 10% vs 2023 (€ 695,525) Unfavourable step	€ 788,069 Total debts 2025: € 788,069 ▲ 3% vs 2024 (€ 767,696) Unfavourable step	▲ 3%
Cash	€ 65 Cash 2022: € 65 First fiscal year in the series	€ 383 Cash 2023: € 383 ▲ € 318 vs 2022 (€ 65) Favourable step	€ 159 Cash 2024: € 159 ▼ 58% vs 2023 (€ 383) Unfavourable step	€ 1,185 Cash 2025: € 1,185 ▲ € 1,026 vs 2024 (€ 159) Favourable step	▲ € 1,026
Land & buildings	€ 645,438 Land & buildings 2022: € 645,438 First fiscal year in the series	€ 542,219 Land & buildings 2023: € 542,219 ▼ 16% vs 2022 (€ 645,438) Unchanged	€ 428,387 Land & buildings 2024: € 428,387 ▼ 21% vs 2023 (€ 542,219) Unchanged	€ 314,556 Land & buildings 2025: € 314,556 ▼ 27% vs 2024 (€ 428,387) Unchanged	▼ 27%
Retained profit	€ -92,012 Retained profit 2022: € -92,012 First fiscal year in the series	€ -81,978 Retained profit 2023: € -81,978 ▲ € 10,034 vs 2022 (€ -92,012) Favourable step	€ -65,433 Retained profit 2024: € -65,433 ▲ € 16,545 vs 2023 (€ -81,978) Favourable step	€ -28,064 Retained profit 2025: € -28,064 ▲ € 37,369 vs 2024 (€ -65,433) Favourable step	▲ € 37,369
Bank debt	€ 160,705 Bank debt 2022: € 160,705 First fiscal year in the series	€ 132,056 Bank debt 2023: € 132,056 ▼ 18% vs 2022 (€ 160,705) Favourable step	€ 102,245 Bank debt 2024: € 102,245 ▼ 23% vs 2023 (€ 132,056) Favourable step	€ 68,564 Bank debt 2025: € 68,564 ▼ 33% vs 2024 (€ 102,245) Favourable step	▼ 33%
Balance sheet total	€ 1,078,594 Balance sheet total 2022: € 1,078,594 First fiscal year in the series	€ 1,011,229 Balance sheet total 2023: € 1,011,229 ▼ 6% vs 2022 (€ 1,078,594) Unchanged	€ 1,008,025 Balance sheet total 2024: € 1,008,025 Unchanged (€ 1,011,229) Unchanged	€ 973,846 Balance sheet total 2025: € 973,846 ▼ 3% vs 2024 (€ 1,008,025) Unchanged	▼ 3%
Employees (FTE)	0.7 Employees (FTE) 2022: 0.7 First fiscal year in the series	0.6 Employees (FTE) 2023: 0.6 ▼ 0.1 vs 2022 (0.7) Unchanged	0.7 Employees (FTE) 2024: 0.7 ▲ 0.1 vs 2023 (0.6) Unchanged	0 Employees (FTE) 2025: 0 ▼ 0.7 vs 2024 (0.7) Unchanged	▼ 0.7

Key figures of R.A.P. MANAGEMENT, 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 R.A.P. MANAGEMENT?

What happened at R.A.P. MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 16, 2026 New annual accounts for financial year 2025: loss of € 53,981. filed late Source: NBB ↗
Apr 1, 2007 New establishment in Sint-Joost-ten-Node. KBO
2007 Rachid AZAOUM became a director. NBB
Mar 16, 2007 Start of the company according to the CBE. KBO

In short

From € 170,044 loss in 2022 to € 53,981 loss in 2025.

Paid € 28,770 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

Rachid AZAOUM

R.A.P. MANAGEMENT

BECI-BRUSSELS CHAMBER OF COMMERCE

Plaatselijk Werkgelegenheidsagentschap van Schaarbeek - Agence locale pour l'Emploi de Schaerbeek

PROBEL TRADE SPRL

Behind R.A.P. MANAGEMENT is Rachid AZAOUM. Rachid AZAOUM is also behind BECI-BRUSSELS CHAMBER OF COMMERCE, Plaatselijk Werkgelegenheidsagentschap van Schaarbeek - Agence locale pour l'Emploi de Schaerbeek, PROBEL TRADE SPRL and QUALITY-BEL.

Directors

According to the 2025 annual accounts

Rachid AZAOUM

Administrator-manager

Also active at: BECI-BRUSSELS CHAMBER OF COMMERCE, Plaatselijk Werkgelegenheidsagentschap van Schaarbeek - Agence locale pour l'Emploi de Schaerbeek, PROBEL TRADE SPRL, QUALITY-BEL

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Herdersstraat 4

1050 Elsene

2.161.058.545

Georges Matheusstraat 4 box 323

1210 Sint-Joost-ten-Node

Active since 1 April 2007

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

PROBEL TRADE SPRL same network

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QBR Toison d'Or

€ 467,764 gross margin · 2021

BK BRUSSELS

€ 955,114 gross margin · 2022

QRN BRUSSELS

€ 404,368 gross margin · 2025

QR ANSPACH

€ 395,742 gross margin · 2025

+2 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

0888.016.291

VAT number

BE 0888.016.291

Registered office

Herdersstraat 4, 1050 Elsene

Names & denominations

R.A.P. MANAGEMENT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 March 2007

Peppol

Active · Active since 28 Apr 2025

Activities · NACE

Activiteiten van hoofdkantoren

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van holdings

Ontwikkeling van residentiële bouwprojecten

Managementactiviteiten van holdings

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

R.A.P. MANAGEMENT

Warning lights

Financials

What happened to R.A.P. MANAGEMENT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions