RAFAR

Active Private limited companyfounded 2004active for 22 yearsPlace Froissart 10, 6460 ChimayKBO/BCE: BE 0866.855.049 #9 company by equity in Chimay, Wholesale and retail trade sector

RAFAR

Financial year 2025

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Annual accounts 2025

micro format, filed on 15-07-2026, 16 days before the deadline

-€20,162

▼ €14,369

-€63,204

▼ €34,435

-€47,395

▼ €64,566

€662,347

▼ 12.0%

89.4%

▲ 1.6 percentage points

20.82

▲ 2.28

Turnover and EBIT margin are not published. The micro format does not require them.

In the rankings #9 company by equity in Chimay, Wholesale and retail trade sector

Balance sheet

balance sheet total €1.4m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

89.4%

Higher than 94% of 25,237 companies in 2025.

20.82

Higher than 95% of 24,245 companies in 2025.

-3.4%

Higher than 26% of 24,434 companies in 2025.

RAFAR Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
`20/58`	1.4m	1.5m	1.5m	1.5m	1.5m	1.5m	1.6m	1.6m	1.6m	1.6m	1.6m	1.6m	1.7m	1.7m	1.8m	1.4m	1.4m	1.4m
`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105
`21/28`	699,518	679,200	826,406	1.5m	1.5m	1.5m	1.5m	1.5m	1.6m	1.6m	1.6m	1.6m	1.6m	1.7m	1.7m	1.3m	1.3m	1.4m
`22/27`	327,768	183,550	201,933	222,983	244,033	265,083	286,133	307,183	328,233	349,283	370,333	391,383	412,433	433,483	454,533	109,333	117,333	125,333
`22`	327,768	183,550	201,933	222,983	244,033	265,083	286,133	307,183	328,233	349,283	370,333	391,383	412,433	433,483	454,533	109,333	117,333	125,333
`28`	371,750	495,650	624,473	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m
`29/58`	695,764	796,007	667,883	46,663	61,943	34,246	36,903	29,741	45,889	50,062	21,181	21,859	12,639	67,587	73,705	54,809	50,479	37,602
`29`	368,237	335,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`291`	368,237	335,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`40/41`	99,818	216,759	-	-	750	441	5,815	10,420	23,960	36,240	7,020	-	-	2,350	-	-	1,138	4,867
`40`	7,146	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`41`	92,672	216,759	-	-	750	441	5,815	10,420	23,960	36,240	7,020	-	-	2,350	-	-	1,138	4,867
`50/53`	-	-	1,249	2,930	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	227,709	243,774	662,917	41,585	59,080	30,465	29,019	17,249	19,872	13,277	13,625	21,336	11,160	63,535	72,148	53,607	48,139	31,533
`490/1`	-	474	3,717	2,148	2,113	3,340	2,069	2,072	2,057	545	536	523	1,479	1,702	1,557	1,202	1,202	1,202
Balance sheet: equity and liabilities
`10/49`	1.4m	1.5m	1.5m	1.5m	1.5m	1.5m	1.6m	1.6m	1.6m	1.6m	1.6m	1.6m	1.7m	1.7m	1.8m	1.4m	1.4m	1.4m
`10/15`	1.2m	1.3m	1.3m	1.3m	1.2m	1.2m	1.1m	1.1m	971,159	865,540	762,724	661,935	575,705	556,612	484,621	413,791	334,815	257,443
`10/11`	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500	12,500
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	6,100	6,100	6,100	6,100	6,100	6,100	6,100	6,100	6,100	6,100	6,100	6,100
`13`	162,860	162,860	145,860	120,860	101,860	51,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`130/1`	1,860	1,860	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	1,860	1,860	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
`133`	161,000	161,000	145,860	119,000	100,000	50,000	-	-	-	-	-	-	-	-	-	-	-	-
`14`	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.0m	956,799	851,180	748,364	647,575	561,345	542,252	470,261	399,431	320,455	243,083
`17/49`	148,131	180,661	216,914	247,122	302,763	328,868	406,590	515,537	632,076	762,918	857,903	980,420	1.1m	1.2m	1.3m	979,464	1.1m	1.1m
`17`	114,715	137,733	159,759	191,254	223,749	255,186	285,607	315,070	432,125	564,085	693,114	819,285	944,055	1.1m	1.2m	889,273	973,641	1.1m
`170/4`	114,715	137,733	159,759	191,254	223,749	255,186	285,607	315,070	432,125	564,085	693,114	819,285	944,055	1.1m	1.2m	889,273	973,641	1.1m
`42/48`	33,416	42,928	57,155	55,868	79,014	73,682	120,983	200,467	199,951	198,833	164,789	161,135	134,425	118,365	111,463	90,191	88,469	80,715
`42`	23,018	22,026	33,881	32,495	31,438	30,421	29,443	117,055	131,960	129,029	126,171	123,384	111,221	106,061	101,007	84,368	80,355	76,532
`43`	-	-	-	-	-	-	292	-	467	-	-	-	-	-	-	-	-	-
`430/8`	-	-	-	-	-	-	292	-	467	-	-	-	-	-	-	-	-	-
`44`	7,511	11,946	1,349	225	3,535	288	167	170	483	1,434	854	166	197	160	883	159	157	157
`440/4`	7,511	11,946	1,349	225	3,535	288	167	170	483	1,434	854	166	197	160	883	159	157	157
`45`	1,921	8,545	11,046	22,148	18,641	37,573	91,081	83,242	67,041	68,370	37,764	33,105	23,007	12,144	9,573	5,664	7,957	4,026
`450/3`	1,921	8,131	8,063	19,217	18,227	37,159	55,193	29,818	32,273	51,974	24,444	30,164	17,107	9,211	6,665	4,216	6,491	2,569
`454/9`	-	414	2,983	2,931	414	414	35,888	53,424	34,768	16,396	13,320	2,941	5,900	2,933	2,908	1,448	1,466	1,457
`47/48`	965	411	10,879	1,000	25,400	5,400	-	-	-	-	-	4,480	-	-	-	-	-	-
Income statement
`9900`	-20,162	-5,793	75,008	63,777	113,146	115,802	120,006	116,404	116,998	115,887	114,228	112,254	112,136	112,518	104,737	91,610	95,976	98,642
`630`	20,782	18,383	21,050	21,050	21,050	21,050	21,050	21,050	21,050	21,050	21,050	21,050	21,050	21,050	26,050	8,000	8,105	8,180
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
`640/8`	22,260	4,593	4,594	4,379	4,021	3,948	3,905	4,789	3,782	3,725	3,710	3,657	3,626	3,550	3,112	2,370	2,370	2,304
`66A`	-	-	2,044	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9901`	-63,204	-28,770	47,320	38,348	88,075	90,804	95,051	90,565	92,166	91,112	89,468	87,547	87,460	87,918	75,575	81,240	85,501	88,158
`75/76B`	23,016	53,677	-	-	-	-	39,680	29,760	59,520	59,520	59,519	59,523	2	49,652	59,597	59,551	59,573	49,679
`75`	14,416	-	-	-	-	-	39,680	29,760	59,520	59,520	59,519	59,523	2	49,652	59,597	59,551	59,573	49,679
`76B`	8,600	53,677	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	7,207	8,054	9,021	10,066	11,073	12,086	14,063	17,292	20,357	22,924	25,700	45,179	52,976	57,929	56,830	49,956	53,631	57,252
`65`	7,207	8,054	9,021	10,066	11,073	12,086	14,063	17,292	20,357	22,924	25,700	45,179	52,976	57,929	56,830	49,956	53,631	57,252
`9903`	-47,395	16,853	38,299	28,282	77,002	78,718	120,668	103,033	131,329	127,708	123,287	101,891	34,486	79,641	78,342	90,835	91,443	80,585
`67/77`	-	-317	12,586	8,971	24,250	24,678	25,609	23,692	25,710	24,892	22,498	15,661	15,393	7,650	7,512	11,859	14,071	9,156
`9904`	-47,395	17,171	25,713	19,311	52,752	54,040	95,059	79,341	105,619	102,816	100,789	86,230	19,093	71,991	70,830	78,976	77,372	71,429
`9905`	-47,395	17,171	25,713	19,311	52,752	54,040	95,059	79,341	105,619	102,816	100,789	86,230	19,093	71,991	70,830	78,976	77,372	71,429
Appropriation of the result
`9906`	1.1m	1.1m	1.1m	1.1m	1.2m	1.2m	1.1m	1.0m	956,799	851,180	748,364	647,575	561,345	542,252	470,261	399,431	320,455	243,083
`14P`	1.1m	1.1m	1.1m	1.1m	1.1m	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	17,000	25,000	19,000	50,000	50,000	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	-	17,000	25,000	19,000	50,000	50,000	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`694`	-	-	-	-	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 3 older financial years (2005-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	15-07-2026	2026-00310295	PDF
31-12-2024	micro format	24-09-2025	2025-00500922	PDF
31-12-2023	micro format	24-06-2024	2024-00153184	PDF
31-12-2022	micro format	27-06-2023	2023-00160774	PDF
31-12-2021	micro format	21-06-2022	2022-20076393	PDF
31-12-2020	micro format	21-07-2021	2021-38200198	PDF
31-12-2019	micro format	11-07-2020	2020-29100131	PDF
31-12-2018	micro format	22-07-2019	2019-35700463	PDF
31-12-2017	micro format	17-08-2018	2018-46400157	PDF
31-12-2016	micro format	25-07-2017	2017-35500477	PDF
31-12-2015	full format	19-08-2016	2016-44500503	PDF
31-12-2014	full format	26-08-2015	2015-48200453	PDF
31-12-2013	full format	23-08-2014	2014-46400514	PDF
31-12-2012	full format	28-08-2013	2013-49700324	PDF
31-12-2011	full format	27-08-2012	2012-46300209	PDF
31-12-2010	full format	30-08-2011	2011-49100292	PDF
31-12-2009	full format	26-08-2010	2010-45700227	PDF
31-12-2008	full format	18-08-2009	2009-59000289	PDF
31-12-2007	full format	10-07-2008	2008-38200242	PDF
31-12-2006	full format	30-08-2007	2007-64600300	PDF
31-12-2005	full format	30-08-2006	2006-69500033	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
-42,422	-10,386	68,370	59,398	109,125	111,854	116,101	111,615	113,216	112,162	110,518	108,597	108,510	108,968	101,625	89,240	93,606	96,338
-26,613	35,554	46,763	40,361	73,802	75,090	116,109	100,391	126,669	123,866	121,839	107,280	40,143	93,041	96,880	86,976	85,477	79,609
165,000	-128,823	9,879	0	0	25	0	0	0	0	0	0	0	0	371,250	0	0	-
-16,065	-419,143	621,332	-17,495	28,615	1,446	11,770	-2,623	6,595	-348	-7,711	10,176	-52,375	-8,613	18,541	5,468	16,606	-
662,347	753,079	610,728	-9,205	-17,071	-39,436	-84,080	-170,726	-154,062	-148,771	-143,608	-139,276	-121,786	-50,778	-37,758	-35,382	-37,990	-43,113
89.4%	87.8%	85.5%	83.5%	80.3%	78.5%	73.8%	67.1%	60.6%	53.2%	47.1%	40.3%	34.8%	32.2%	27.6%	29.7%	24.0%	18.5%
20.82	18.54	11.69	0.84	0.78	0.46	0.31	0.15	0.23	0.25	0.13	0.14	0.09	0.57	0.66	0.61	0.57	0.47
0.12	0.14	0.17	0.20	0.25	0.27	0.35	0.49	0.65	0.88	1.12	1.48	1.87	2.11	2.63	2.37	3.17	4.41
-3.8%	1.3%	2.0%	1.5%	4.3%	4.5%	8.3%	7.6%	10.9%	11.9%	13.2%	13.0%	3.3%	12.9%	14.6%	19.1%	23.1%	27.7%
-3.4%	1.2%	1.7%	1.3%	3.4%	3.5%	6.1%	5.1%	6.6%	6.3%	6.2%	5.3%	1.2%	4.2%	4.0%	5.7%	5.5%	5.1%
-5.89	-1.29	7.58	5.90	9.86	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	€65,000	€65,000	€65,000	€65,000	€65,000
Carrying value of the mortgaged assets	€130,500	€183,550	€201,933	€222,983	€244,033

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€165,000	-	-	-	-
Financial fixed assets	-	-	€9,879	-	-
	€20,782	€18,383	€21,050	€21,050	€21,050

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on RAFAR

The operating result for 2025 is a loss of €63,204, larger than the loss of €28,770 in 2024. It is the lowest result since 2008.

Debt's share of the balance-sheet total falls from 12.2% to 10.6%. Equity and debt are lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency89.4%

Current ratio20.82

Return on assets-3.4%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on RAFAR

Next steps

in €m

in euro

89.4%

20.82

-3.4%