RACINE
0430.140.164 · rovalta.com · 24/09/2026
ACTIVE
RACINE
Financial year 2025 · closed on 31/12/2025
Net result
23,4 k €
+236.5% YoY
Gross margin
610,4 k €
+0.1% YoY
Equity
610,8 k €
+4.0% YoY
Overview
What does RACINE do?
RACINE is a Private limited company incorporated in 1986. Its main activity is: Legal activities. Its registered office is in Berchem-Sainte-Agathe.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0430.140.164
Incorporation
31/12/1986
Legal form
Private limited company
Registered office
Avenue Charles-Quint 586 box 9
1082 Berchem-Sainte-Agathe · BruxellesSee on map
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital
22 310,42 €
Latest accounts
31/12/2025
Joint committees (3)
- 100
- 200
- 336
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 610,4 k € | +0.1% | 610 k € | -22.9% | 790,9 k € | -13.6% | 915,1 k € | +5.4% | 868,3 k € | +7.9% | 805,1 k € | -16.1% | 960,1 k € | +9.6% | 875,8 k € | -3.3% | 906 k € | +4.3% | 868,9 k € | -6.4% | 928,5 k € | +12.3% | 827 k € | -13.3% | 953,8 k € | +8.2% | 881,6 k € | -7.3% | 951,3 k € | +43.1% | 664,6 k € | -8.8% | 729 k € | +5.7% | 690 k € | -1.8% | 702,4 k € |
| EBITDA | 52,4 k € | +17.1% | 44,8 k € | -68.3% | 141 k € | -10.9% | 158,3 k € | +12.0% | 141,4 k € | +7.0% | 132,1 k € | +5.3% | 125,5 k € | -3.9% | 130,6 k € | -21.8% | 166,8 k € | +72.3% | 96,9 k € | -13.9% | 112,5 k € | +68.3% | 66,8 k € | -63.4% | 182,7 k € | +48.1% | 123,4 k € | -45.9% | 228,2 k € | +162% | 87 k € | +7.2% | 81,1 k € | -4.1% | 84,6 k € | +7.3% | 78,8 k € |
| Operating result | 46,6 k € | +78.5% | 26,1 k € | -18.1% | 31,9 k € | -15.1% | 37,6 k € | +8.0% | 34,8 k € | -11.6% | 39,4 k € | -8.0% | 42,8 k € | -0.6% | 43 k € | -41.2% | 73,3 k € | +6195% | 1,2 k € | -91.0% | 12,9 k € | -32.9% | 19,2 k € | -83.4% | 115,6 k € | +203% | 38,2 k € | -71.7% | 134,9 k € | +794% | 15,1 k € | +11.3% | 13,6 k € | +8.7% | 12,5 k € | +11624% | -108,2 € |
| Net result | 23,4 k € | +237% | 6,9 k € | -26.5% | 9,4 k € | -45.1% | 17,2 k € | -12.8% | 19,7 k € | +1.7% | 19,4 k € | +32.2% | 14,7 k € | -8.9% | 16,1 k € | -35.8% | 25,1 k € | +212% | -22,3 k € | -172% | -8,2 k € | -168% | 12,1 k € | -81.8% | 66,4 k € | +350% | 14,8 k € | -82.8% | 85,6 k € | +1090% | 7,2 k € | +120% | 3,3 k € | -68.1% | 10,3 k € | +2778% | 356,8 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 610,8 k € | +4.0% | 587,4 k € | +1.2% | 580,4 k € | +1.7% | 571 k € | +3.1% | 553,8 k € | +3.7% | 534 k € | +3.8% | 514,7 k € | +2.9% | 500 k € | +3.3% | 483,9 k € | +5.5% | 458,8 k € | -4.6% | 481,1 k € | -1.7% | 489,3 k € | +2.5% | 477,2 k € | +16.2% | 410,8 k € | +3.7% | 396,1 k € | +27.6% | 310,4 k € | +2.4% | 303,2 k € | +1.1% | 300 k € | +3.5% | 289,7 k € |
| Total assets | 3,5 M € | -0.4% | 3,5 M € | -14.1% | 4,1 M € | +34.9% | 3 M € | -15.6% | 3,6 M € | -14.7% | 4,2 M € | -14.9% | 4,9 M € | +22.2% | 4 M € | -7.6% | 4,4 M € | +29.8% | 3,4 M € | +3.9% | 3,2 M € | +18.9% | 2,7 M € | -11.1% | 3,1 M € | +9.3% | 2,8 M € | -15.8% | 3,3 M € | +62.0% | 2,1 M € | -0.8% | 2,1 M € | +1.1% | 2,1 M € | +29.7% | 1,6 M € |
| Cash | 1,6 M € | +6.9% | 1,5 M € | -27.1% | 2 M € | +64.6% | 1,2 M € | -26.9% | 1,7 M € | -29.5% | 2,4 M € | -20.1% | 3 M € | +87.9% | 1,6 M € | -18.4% | 2 M € | +57.6% | 1,2 M € | +5.5% | 1,2 M € | +3.4% | 1,1 M € | -46.4% | 2,1 M € | +48.3% | 1,4 M € | -31.7% | 2,1 M € | +163% | 794,1 k € | -24.9% | 1,1 M € | -19.5% | 1,3 M € | +30.9% | 1 M € |
| Debts | 2,9 M € | -1.3% | 2,9 M € | -16.7% | 3,5 M € | +42.6% | 2,5 M € | -18.3% | 3 M € | -17.8% | 3,7 M € | -17.2% | 4,4 M € | +29.0% | 3,4 M € | -11.8% | 3,9 M € | +33.7% | 2,9 M € | +5.0% | 2,8 M € | +23.4% | 2,2 M € | -13.6% | 2,6 M € | +8.2% | 2,4 M € | -18.0% | 2,9 M € | +67.3% | 1,7 M € | -1.3% | 1,8 M € | +3.0% | 1,7 M € | +33.0% | 1,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | 7,7 ETP | -23.0% | 10,0 ETP | -4.8% | 10,5 ETP | 0.0% | 10,5 ETP | -4.5% | 11,0 ETP | -5.2% | 11,6 ETP | +7.4% | 10,8 ETP | -10.7% | 12,1 ETP | +2.5% | 11,8 ETP | -7.8% | 12,8 ETP | -8.6% | 14,0 ETP | +2.9% | 13,6 ETP | -10.5% | 15,2 ETP | +27.7% | 11,9 ETP | -7.0% | 12,8 ETP | +7.6% | 11,9 ETP | -4.0% | 12,4 ETP | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 59 ended
Active mandates
Active
Active
Active
Active
K. Vergels
ActiveActive
Active
Ended mandates
At this address
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 20/08/2026 | 10/07/2025 | 22/08/2024 | 29/06/2023 | 20/06/2022 | 25/06/2021 |
| General meeting | 31/07/2026 | 13/06/2025 | 28/06/2024 | 23/06/2023 | 10/06/2022 | 11/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 31/07/2026 | 20/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 13/06/2025 | 10/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 22/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 23/06/2023 | 29/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 10/06/2022 | 20/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 11/06/2021 | 25/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 26/06/2020 | 27/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 27/06/2019 | 27/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 22/06/2018 | 30/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 23/06/2017 | 24/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/06/2016 | 12/08/2016 | Dutch | |
| Abridged model | 30/12/2014 | 19/06/2015 | 26/06/2015 | Dutch | |
| Abridged model | 30/12/2013 | 27/06/2014 | 22/07/2014 | Dutch | |
| Abridged model | 30/12/2012 | 28/06/2013 | 18/07/2013 | Dutch | |
| Abridged model | 30/12/2011 | 29/06/2012 | 27/07/2012 | Dutch | |
| Abridged model | 30/12/2010 | 24/06/2011 | 06/07/2011 | Dutch | |
| Abridged model | 30/12/2009 | 18/06/2010 | 21/06/2010 | Dutch | |
| Abridged model | 30/12/2008 | 30/06/2009 | 07/07/2009 | Dutch | |
| Abridged model | 30/12/2007 | 27/06/2008 | 23/07/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 59 ended
Active mandates
Active
Active
Active
Active
K. Vergels
ActiveActive
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates25/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates11/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
- Mandates15/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates17/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates21/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates06/03/2018ONTSLAGEN - BENOEMINGEN - DIVERSEN
- Mandates14/12/2016ONTSLAGEN - BENOEMINGEN
- Mandates03/05/2016ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202523,4 k €↑
- 2024Annual accounts 20246,9 k €↓
- 2023Annual accounts 20239,4 k €↓
- 2022Annual accounts 202217,2 k €↓
- 2021Annual accounts 202119,7 k €↑
- 2020Annual accounts 202019,4 k €↑
- 2019Annual accounts 201914,7 k €↓
- 2018Annual accounts 201816,1 k €↓
- 2017Annual accounts 201725,1 k €↑
- 2016Annual accounts 2016-22,3 k €↓
- 2015Annual accounts 2015-8,2 k €↓
- 2015Name changeRACINE
- 2014Annual accounts 201412,1 k €↓
- 2013Annual accounts 201366,4 k €↑
- 2012Annual accounts 201214,8 k €↓
- 2011Annual accounts 201185,6 k €↑
- 2010Annual accounts 20107,2 k €↑
- 2009Annual accounts 20093,3 k €↓
- 2009Name changeRACINE & VERGELS
- 2008Annual accounts 200810,3 k €↑
- 2007Annual accounts 2007356,8 €
- 2007Name changeVERGELS - WALRAVENS - ASSECHERIKX -DE BONDT - DUBAERE
- 31/12/1986IncorporationPrivate limited company