Consortium Vlaams IT-platform BelRAI
Consortium Vlaams IT-platform BelRAI has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-40k) and a net result of €-19k. Equity is shrinking by ~164.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €-40k |
| Net result | €-19k |
| Active | 7 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | - | €-2k | €2k | €-908 |
| Net profit | €-19k | €-7k | €-7k | €-7k |
| Cash flow | - | €1.08M | €1.08M | €1.08M |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €1.35M | €1.72M | €3.43M | €6.67M |
| Equity | €-40k | €-22k | €1.06M | €2.15M |
| Debt | €1.39M | €1.75M | €2.37M | €4.52M |
| of which ≤ 1y | €1.39M | €1.75M | €2.37M | €4.52M |
| of which > 1y | - | - | - | - |
| Working capital | €-40k | €-22k | €-19k | €-17k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.97 | 0.99 | 0.99 | 1.00 |
| Quick ratio | 0.97 | 0.99 | 0.99 | 1.00 |
| Working capital ratio | -3.0% | -1.3% | -0.6% | -0.3% |
| Solvency | -3.0% | -1.3% | 31.0% | 32.2% |
| Debt / equity | -34.42 | -80.94 | 2.22 | 2.10 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | -9.26 | 0.41 | -0.72 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -1.4% | -0.4% | -0.2% | -0.1% |
| ROE | 46.6% | 33.0% | -0.7% | -0.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | 1818679d |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (18 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.35M | €1.72M | €3.43M | €6.67M |
| Fixed assets | 21/28 | - | - | €1.08M | €2.17M |
| Tangible fixed assets | 22/27 | - | - | €1.08M | €2.17M |
| Current assets | 29/58 | €1.35M | €1.72M | €2.35M | €4.50M |
| Cash & bank | 54/58 | €1.35M | €1.72M | €2.35M | €4.50M |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.35M | €1.72M | €3.43M | €6.67M |
| Equity | 10/15 | €-40k | €-22k | €1.06M | €2.15M |
| Accumulated profits (losses) | 14 | €-40k | €-22k | €-14k | €-7k |
| Amounts payable | 17/49 | €1.39M | €1.75M | €2.37M | €4.52M |
| Amounts payable within one year | 42/48 | €1.39M | €1.75M | €2.37M | €4.52M |
| Trade debts payable within one year | 44 | €1.39M | €1.75M | €2.37M | €4.52M |
| Income statement | |||||
| Gross operating margin | 9900 | €-19k | €-2k | €2k | €-908 |
| Operating result | 9901 | €-19k | €-1.09M | €-1.08M | €-1.08M |
| Financial income | 75 | - | €1.08M | €1.08M | €1.08M |
| Financial charges | 65 | €206 | €206 | €4k | €1k |
| Result before taxes | 9903 | €-19k | €-7k | €-7k | €-7k |
| Net result for the period | 9904 | €-19k | €-7k | €-7k | €-7k |
| Result to be appropriated | 9905 | €-19k | €-7k | €-7k | €-7k |
| NACE primary | - |
| Legal form | Non-profit association(017) |
| Incorporation | 12-07-2019 |
| Status | Active |
| Postal code | 1210 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0257/00F003 | Brussels | 810 m² | 1 · 443 m² | 24.2 m · 6 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | Consortium Vlaams IT-platform BelRAI |