AMERIKAANSE STOCK RAF VANGENECHTEN
ActiveAMERIKAANSE STOCK RAF VANGENECHTEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151k and a net result of €7k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-16
Solvency87▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 2.02 in 2024; short-term debt: 38% and cash: 7.8% of total assets), and 38% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62%
Return on assets
2.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
4 d early
2022
12 d early
2021
1 d early
2020
on the day
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€151k▲ 4.8%
2024 · €144k
2018: €98k
2019: €102k
2020: €122k
2021: €131k
2022: €134k
2023: €136k
2024: €144k
2018 → 2025
Total assets
€243k▼ 1.4%
2024 · €247k
2018: €188k
2019: €216k
2020: €195k
2021: €272k
2022: €229k
2023: €245k
2024: €247k
2018 → 2025
Net result
€7k▼ 60.0%
2024 · €17k
2018: €23k
2019: €12k
2020: €29k
2021: €19k
2022: €13k
2023: €12k
2024: €17k
2018 → 2025
Working capital
€130k▲ 23.3%
2024 · €105k
2018: €98k
2019: €109k
2020: €112k
2021: €99k
2022: €96k
2023: €83k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€134k▲ 2.6%€136k▲ 1.8%€144k▲ 5.4%€151k▲ 4.8%
Operating result€20k-€19k▼ 5.6%€20k▲ 7.0%€26k▲ 31.6%€19k▼ 28.5%
Net result€19k-€13k▼ 28.5%€12k▼ 7.9%€17k▲ 40.4%€7k▼ 60.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€21k▼ 45.5%
Current assets
€222k▲ 6.8%
Equity and liabilities €243k
Equity
€151k▲ 4.8%
Debt
€92k▼ 10.2%
The debt ratio falls from 41.7% to 38.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €45k
Cash flow
€24k▼
2024 · €37k
Solvency
62.0%▲
2024 · 58.3%
Current ratio
2.40▲
2024 · 2.02
Quick ratio
1.00▲
2024 · 0.90
Debt / equity
0.61▼
2024 · 0.72
ROE
4.6%▼
2024 · 12.1%
ROA
2.9%▼
2024 · 7.0%
Interest coverage
4.73▼
2024 · 7.22
Debt
€92k▼
2024 · €103k
Debt ≤ 1 year
€92k▼
2024 · €103k
Income taxes
€4k▲
2024 · €4k
Staff costs
€87k▼
2024 · €139k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€247k€243k▼
Fixed assets21/28€39k€21k▼
Tangible fixed assets22/27€39k€21k▼
Land and buildings22€11k€10k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€5k€4k▼
Leasing and similar rights25€14k€2k▼
Current assets29/58€208k€222k▲
Stocks and contracts in progress3€115k€129k▲
Stocks30/36€115k€129k▲
Amounts receivable within one year40/41€70k€74k▲
Trade receivables40€7k€389▼
Other amounts receivable41€63k€73k▲
Cash at bank and in hand54/58€23k€19k▼
Deferred charges and accrued income490/1€229-
Equity and liabilities
Total equity and liabilities10/49€247k€243k▼
Equity10/15€144k€151k▲
Contributions10/11€20k€20k=
Reserves13€124k€131k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€122k€129k▲
Amounts payable17/49€103k€92k▼
Amounts payable within one year42/48€103k€92k▼
Current portion of amounts payable after more than one year42€5k-
Financial debts43€24k€26k▲
Credit institutions430/8€24k€26k▲
Trade debts44€20k€12k▼
Suppliers440/4€20k€12k▼
Taxes, remuneration and social security45€44k€54k▲
Taxes450/3€18k€17k▼
Remuneration and social security454/9€26k€37k▲
Other amounts payable47/48€10k-
Income statement
Code20242025
Remuneration, social security and pensions62€139k€87k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€4k€8k▲
Gross operating margin9900€189k€131k▼
Operating profit (loss)9901€26k€19k▼
Financial income75/76B€2k€223▼
Recurring financial income75€2k€223▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€22k€11k▼
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€17k€7k▼
Profit (loss) for the period to be appropriated9905€17k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€7k▼
Transfer to equity691/2€7k€7k▼
To other reserves6921€7k€7k▼
Profit to be distributed694/7€10k-
Directors or managers695€10k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €7k ▼60%
Net result drops to €7k, the lowest in the series.
30-09
Financial
Equity above €150kEq €151k ▲4.8%
8 profitable years in a row build equity to €151k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €29k ▲154%
Operating result €50k, net result €29k, both a record.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €102k ▲4.7%
2 profitable years in a row build equity to €102k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herselt · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wolfsdonksesteenweg 322230 HerseltGround area
67 m²
Building footprint
120 m²
Parcel 13392M0531/00R002, Flanders. Linked by address, not a title deed.
1 establishment unit
AMERIKAANSE STOCK RAF VAN GENECHTEN
since 20012.098.129.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13392M0531/00R002 | Flanders | 67 m² | 1 · 120 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 4,250 EUR awarded · 4,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
| 2022 | 1 | 1,250 EUR | 1,250 EUR |
Schemes
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 661 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2001
Fiscal year end30-09
Activities, NACEBEL
47120Other non-specialised retail sale
47191Retail trade
47540Retail sale of electrical household appliances
52122
52450
25530Machining of metals
28520
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.