Financials
- Financial year
- 2025
- Total assets
- €184,621
- Profit
- €36,056
- Solvency
- 76.0%
Total assets▲ 8.2%
Net result
20182025
AERTS RAF
ActiveSummary
AERTS RAF has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,266 and a net result of €36,056. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 81% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€184,621total assets 2025
- Equity
- €140,266
- Profit
- €36,056
Turnover not published (micro format)
Structure
2025 accounts filed 28 days late1 deed in the Belgian Official Gazette
Why 87raises riskSector: Specialised construction activities (NACE 43)Size: total assets €184,621Liquidity: current ratio 3.72, cash €5,227lowers riskFounded in 2003Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
100+14
equity 76.0% of total assets
Liquidity
45+10
short-term debt 23.8% · cash 2.8%
Profitability
93+60
return on assets 19.5%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.6%▼ -0.2 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.5%▼ -0.1 percentage points vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.6 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.72, compared with 2.24 in 2024, above the usual 1.5; short-term debt: 23.8% and cash: 2.8% of total assets), and 24% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 35% on liquidity, 79% on profitability and 77% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
26 days late
2023
19 days late
2022
22 days late
2021
2 days early
2020
30 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €36,056
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 25
- Since
- 2005
- Next accounts
- by 31-07-2027
- 31-12-2024Weakest financial year
- 19-08-2024Annual accounts filed
- 31-12-2023Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 05-03-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about AERTS RAF
- What is the company number of AERTS RAF?
- 0479.707.461. In Belgium the VAT number is the company number with BE in front: BE 0479.707.461.
- Where is AERTS RAF based?
- The registered office is at Houwaartseweg 61, 3200 Aarschot.Company details
- What does AERTS RAF do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of AERTS RAF?
- Private limited company (BV).
- When was AERTS RAF founded?
- On 05-03-2003.
- Is AERTS RAF still active?
- Yes, AERTS RAF is an active enterprise in the KBO register.
- What is the turnover of AERTS RAF?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is AERTS RAF profitable?
- In financial year 2025, AERTS RAF made a profit of €36,056.
- Where can I find the annual accounts of AERTS RAF?
- AERTS RAF filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AERTS RAF due?
- By 31-07-2027, for financial year 2026.Timeline
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