ACTIVE

RACA

Financial year 2025 · closed on 31/12/2025
Net result
-29,2 k €
-55.6% YoY
Gross margin
1,2 k €
-86.9% YoY
Equity
-81,5 k €
-55.8% YoY

What does RACA do?

RACA is a Public limited company incorporated in 2003. Its main activity is: Hotels and similar accommodation. Its registered office is in Zuienkerke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.750.482
Incorporation
29/09/2003
Legal form
Public limited company
Registered office
Oostendse Steenweg 55
8377 Zuienkerke · FlandreSee on map
Contributed capital
115 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 302
Signals
Good liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,2 k €9,4 k €-7,2 k €853,5 €-7,7 k €22 k €24,7 k €34 k €52 k €62,6 k €85,2 k €81,9 k €92,4 k €122,7 k €116,3 k €108,4 k €98,3 k €96,7 k €90,9 k €
EBITDA-9,2 k €991,6 €-16,1 k €-5,8 k €-16 k €5 k €6,8 k €12,6 k €-7,5 k €23,6 k €41,3 k €42,3 k €51,5 k €68,9 k €65,5 k €41,8 k €42 k €48,5 k €44,3 k €
Operating result-27,9 k €-17,8 k €-34,2 k €-26,5 k €-35,9 k €-23,3 k €-21,8 k €-19 k €-47 k €8,8 k €13,7 k €10,5 k €8 k €16 k €22 k €22,6 k €22 k €17,5 k €6,5 k €
Net result-29,2 k €-18,8 k €-34,6 k €-26,6 k €-36,2 k €-25,1 k €-23,9 k €-21,6 k €-48,6 k €6,9 k €10,8 k €7,4 k €3,5 k €11,3 k €13,5 k €13,7 k €12,6 k €12,1 k €2,5 k €
Balance sheet
Equity-81,5 k €-52,3 k €-33,5 k €1,1 k €27,7 k €102 k €127,1 k €151 k €172,6 k €221,3 k €214,4 k €203,5 k €196,2 k €192,7 k €181,4 k €167,9 k €154,2 k €141,6 k €129,5 k €
Total assets44 k €62,9 k €77,8 k €99,2 k €120,3 k €280,3 k €304,5 k €331 k €368,7 k €412,7 k €397,3 k €398,5 k €434,9 k €409 k €394,7 k €412,2 k €416,5 k €343,9 k €335,1 k €
Cash12 k €1,9 k €1,2 k €681,3 €22,5 k €636,8 €40,1 €3,9 k €2,4 k €7,1 k €11,5 k €16,7 k €17,9 k €4,6 k €3,9 k €3,1 k €4,4 k €3,4 k €6,6 k €
Debts27,6 k €24,9 k €27,6 k €22 k €23,2 k €121,2 k €126,5 k €134,6 k €156,1 k €154,9 k €150,7 k €167,2 k €215,2 k €196,9 k €197,8 k €232,9 k €254,5 k €201,8 k €205,6 k €
Other
Workforce0,4 ETP0,8 ETP0,7 ETP1,3 ETP1,4 ETP1,1 ETP1,0 ETP1,1 ETP1,4 ETP1,7 ETP2,2 ETP2,0 ETP2,4 ETP2,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

NICOLAAS CHEYNS

Managing director

Active
Nicole Paepe

Director

Active

Ended mandates

FUTURNI

Director · 0866.555.240

Ended
ICON BRUGES COMMUNICATIONS BVBA

Director · 0453.196.569

Ended
Nico Cheyns

Managing director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date28/08/202628/07/202520/08/202428/08/202331/08/202229/08/2021
General meeting24/07/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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
Micro model31/12/202524/07/202628/08/2026DutchPDF
Micro model31/12/202403/06/202528/07/2025DutchPDF
Micro model31/12/202304/06/202420/08/2024DutchPDF
Micro model31/12/202206/06/202328/08/2023DutchPDF
Micro model31/12/202107/06/202231/08/2022DutchPDF
Abridged model31/12/202001/06/202129/08/2021DutchPDF
Abridged model31/12/201902/06/202028/08/2020DutchPDF
Abridged model31/12/201804/06/201927/08/2019DutchPDF
Abridged model31/12/201705/06/201830/08/2018DutchPDF
Abridged model31/12/201606/06/201731/08/2017DutchPDF
Abridged model31/12/201507/06/201618/08/2016DutchPDF
Abridged model31/12/201402/06/201526/08/2015DutchPDF
Abridged model31/12/201303/06/201429/08/2014DutchPDF
Abridged model31/12/201204/06/201330/08/2013DutchPDF
Abridged model31/12/201105/06/201227/08/2012DutchPDF
Abridged model31/12/201007/06/201129/08/2011DutchPDF
Abridged model31/12/200901/06/201013/08/2010DutchPDF
Abridged model31/12/200802/06/200926/08/2009DutchPDF
Abridged model31/12/200703/06/200830/06/2008DutchPDF
Abridged model31/12/200605/06/200719/07/2007DutchPDF
Estimate

Indicative valuation

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 · 3 ended

Active mandates

NICOLAAS CHEYNS

Managing director

Active
Nicole Paepe

Director

Active

Ended mandates

FUTURNI

Director · 0866.555.240

Ended
ICON BRUGES COMMUNICATIONS BVBA

Director · 0453.196.569

Ended
Nico Cheyns

Managing director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/10/2025
    herbenoeming bestuurders
    PDF
  • Mandates20/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/04/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/10/2004
    DIVERSEN
    PDF
  • Other06/10/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-29,2 k €
  2. 2024
    Annual accounts 2024-18,8 k €
  3. 2023
    Annual accounts 2023-34,6 k €
  4. 2022
    Annual accounts 2022-26,6 k €
  5. 2021
    Annual accounts 2021-36,2 k €
  6. 2019
    Annual accounts 2019-25,1 k €
  7. 2018
    Annual accounts 2018-23,9 k €
  8. 2017
    Annual accounts 2017-21,6 k €
  9. 2016
    Annual accounts 2016-48,6 k €
  10. 2015
    Annual accounts 20156,9 k €
  11. 2014
    Annual accounts 201410,8 k €
  12. 2013
    Annual accounts 20137,4 k €
  13. 2012
    Annual accounts 20123,5 k €
  14. 2011
    Annual accounts 201111,3 k €
  15. 2010
    Annual accounts 201013,5 k €
  16. 2009
    Annual accounts 200913,7 k €
  17. 2008
    Annual accounts 200812,6 k €
  18. 2007
    Annual accounts 200712,1 k €
  19. 2006
    Annual accounts 20062,5 k €
  20. 29/09/2003
    IncorporationPublic limited company