ACTIVE

H.U. RASCH

Financial year 2025 · closed on 31/12/2025
Net result
79,3 k €
-88.6% YoY
Gross margin
55,5 k €
+55.9% YoY
Equity
11,3 M €
+0.7% YoY

What does H.U. RASCH do?

H.U. RASCH is a Public limited company incorporated in 1978. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Sankt Vith.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.345.360
Incorporation
03/06/1978
Legal form
Public limited company
Registered office
Klosterstrasse 36
4780 Sankt Vith · WallonieSee on map
Contributed capital
188 016,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin55,5 k €35,6 k €19,8 k €28,5 k €76,7 k €71,4 k €104,8 k €109,3 k €108,7 k €111,8 k €76 k €80 k €103,3 k €63,9 k €89,8 k €137,5 k €182 k €122,4 k €
EBITDA54,3 k €27,4 k €-5,6 k €16,9 k €66,2 k €63,1 k €97,3 k €102,6 k €-175,6 k €104,7 k €72,1 k €75,7 k €98,4 k €56,7 k €80,3 k €104 k €162,2 k €110,5 k €
Operating result38,1 k €10,3 k €-25,9 k €-3 k €48,4 k €56,3 k €91,3 k €97,3 k €-182,5 k €97,5 k €61,4 k €44,3 k €60,9 k €13,1 k €30,6 k €46,1 k €103,1 k €40,8 k €
Net result79,3 k €694,3 k €58,8 k €24,9 k €167,3 k €1,7 M €3,1 M €1,1 M €2 M €192,6 k €362,3 k €135,4 k €404,9 k €17,5 k €231,8 k €109,6 k €24,8 k €135,1 k €
Balance sheet
Equity11,3 M €11,2 M €10,5 M €10,5 M €10,5 M €9,9 M €8,2 M €5,3 M €4,5 M €2,4 M €2,5 M €2,1 M €2 M €1,6 M €1,6 M €1,3 M €1,2 M €1,2 M €
Total assets11,4 M €11,3 M €11 M €11,4 M €14,1 M €10 M €8,3 M €6,2 M €7 M €6,2 M €2,8 M €2,3 M €2 M €1,8 M €1,7 M €1,7 M €1,6 M €1,5 M €
Cash198,9 k €45,5 k €8,3 k €449 k €1,3 M €1,2 M €821,6 k €115,5 k €641,4 k €33 k €33,9 k €41,7 k €158,9 k €47,5 k €34,5 k €37,3 k €19,7 k €23,4 k €
Debts77,1 k €37,8 k €474,7 k €900,6 k €3,7 M €135,7 k €166,5 k €898,1 k €2,5 M €3,7 M €366,8 k €142,5 k €38 k €209,5 k €120,8 k €358,8 k €289,8 k €342,5 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Ralph SCHAUS

Managing director · since 24 juin 2026 · until 23 juin 2032

Active
Sabine PFUNDSTEIN

Director · since 24 juin 2026 · until 23 juin 2032

Active

Ended mandates

Ralph SCHAUS

Managing director · since 25 juin 2020 · until 25 juin 2026

Ended
Sabine PFUNDSTEIN

Director · since 25 juin 2020 · until 25 juin 2026

Ended
Ralph SCHAUS

Managing director · since 25 juin 2014 · until 25 juin 2020

Ended
Sabine PFUNDSTEIN

Director · since 25 juin 2014 · until 25 juin 2020

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202615/07/202510/07/202419/07/202316/09/202207/09/2021
General meeting24/06/202626/06/202527/06/202422/06/202323/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202631/08/2026GermanPDF
Abridged model31/12/202426/06/202515/07/2025GermanPDF
Abridged model31/12/202327/06/202410/07/2024GermanPDF
Abridged model31/12/202222/06/202319/07/2023GermanPDF
Abridged model31/12/202123/06/202216/09/2022GermanPDF
Abridged model31/12/202023/06/202107/09/2021GermanPDF
Abridged model31/12/201926/06/202030/07/2020GermanPDF
Abridged model31/12/201828/06/201929/08/2019GermanPDF
Abridged model31/12/201727/06/201827/08/2018GermanPDF
Abridged model31/12/201628/06/201731/08/2017FrenchPDF
Abridged model31/12/201522/06/201619/08/2016GermanPDF
Abridged model31/12/201424/06/201506/07/2015GermanPDF
Abridged model31/12/201325/06/201418/08/2014GermanPDF
Abridged model31/12/201229/06/201314/08/2013GermanPDF
Abridged model31/12/201127/06/201216/07/2012GermanPDF
Abridged model31/12/201022/06/201123/06/2011GermanPDF
Abridged model31/12/200923/06/201010/08/2010GermanPDF
Abridged model31/12/200824/06/200906/07/2009GermanPDF
Abridged model31/12/200725/06/200825/06/2008GermanPDF
Abridged model31/12/200627/06/200702/08/2007GermanPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Ralph SCHAUS

Managing director · since 24 juin 2026 · until 23 juin 2032

Active
Sabine PFUNDSTEIN

Director · since 24 juin 2026 · until 23 juin 2032

Active

Ended mandates

Ralph SCHAUS

Managing director · since 25 juin 2020 · until 25 juin 2026

Ended
Sabine PFUNDSTEIN

Director · since 25 juin 2020 · until 25 juin 2026

Ended
Ralph SCHAUS

Managing director · since 25 juin 2014 · until 25 juin 2020

Ended
Sabine PFUNDSTEIN

Director · since 25 juin 2014 · until 25 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/11/2022
    SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …) - ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates28/06/2021
    ENTLASSUNG - ERNENNUNG
    PDF
  • Capital / shares18/01/2018
    KAPITAL - AKTIEN
    PDF
  • Other09/10/2014
    GEGENSTAND
    PDF
  • Mandates26/06/2014
    ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF
  • Mandates08/07/2008
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates20/10/2005
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates19/02/2004
    ENTLASSUNG - ERNENNUNG - GENERALVERSAMMLUNG - KAPITAL - AKTIEN - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202579,3 k €
  2. 2024
    Annual accounts 2024694,3 k €
  3. 2023
    Annual accounts 202358,8 k €
  4. 2022
    Annual accounts 202224,9 k €
  5. 2021
    Annual accounts 2021167,3 k €
  6. 2018
    Annual accounts 20181,7 M €
  7. 2017
    Annual accounts 20173,1 M €
  8. 2016
    Annual accounts 20161,1 M €
  9. 2015
    Annual accounts 20152 M €
  10. 2014
    Annual accounts 2014192,6 k €
  11. 2013
    Annual accounts 2013362,3 k €
  12. 2012
    Annual accounts 2012135,4 k €
  13. 2011
    Annual accounts 2011404,9 k €
  14. 2010
    Annual accounts 201017,5 k €
  15. 2009
    Annual accounts 2009231,8 k €
  16. 2008
    Annual accounts 2008109,6 k €
  17. 2007
    Annual accounts 200724,8 k €
  18. 2006
    Annual accounts 2006135,1 k €
  19. 03/06/1978
    IncorporationPublic limited company