DE RAAF
DE RAAF has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €102k and a net result of €-23k. Equity is shrinking by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 36383 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
| Equity | €102k |
| Net result | €-23k |
| Better than sector | 93% |
| Active | 17 yrs |
Mixed profile: strong on solvency, weaker on 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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 88.7% | 46.6% | |
| Net result | €-23k | €9k | |
| Equity | €102k | €58k | |
| Gross operating margin | €-11k | €38k | |
| Total assets | €115k | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €-11k | €-16k | €58k |
| Net profit | €-23k | €-25k | €39k |
| Cash flow | €-12k | €-16k | €46k |
| Staff costs | - | - | - |
| Income taxes | €416 | €434 | €11k |
| Dividends | - | €16k | €14k |
| Total assets | €115k | €145k | €186k |
| Equity | €102k | €126k | €167k |
| Debt | €13k | €20k | €19k |
| of which ≤ 1y | €13k | €20k | €19k |
| of which > 1y | - | - | - |
| Working capital | €51k | €72k | €126k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 4.95 | 4.65 | 7.63 |
| Quick ratio | 3.01 | 3.25 | 4.97 |
| Working capital ratio | 44.6% | 49.4% | 67.8% |
| Solvency | 88.7% | 86.5% | 89.8% |
| Debt / equity | 0.13 | 0.16 | 0.11 |
| Long-term debt ratio | - | - | - |
| Interest coverage | -26.88 | -38.38 | 77.85 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -20.4% | -17.2% | 21.1% |
| ROE | -23.0% | -19.9% | 23.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €115k | €145k | €186k |
| Fixed assets | 21/28 | €51k | €54k | €41k |
| Tangible fixed assets | 22/27 | €50k | €53k | €40k |
| Financial fixed assets | 28 | €1k | €1k | €1k |
| Current assets | 29/58 | €64k | €91k | €145k |
| Stocks & contracts in progress | 3 | €25k | €28k | €51k |
| Amounts receivable within one year | 40/41 | €27k | €41k | €10k |
| Cash & bank | 54/58 | €1k | €7k | €62k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €115k | €145k | €186k |
| Equity | 10/15 | €102k | €126k | €167k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Reserves | 13 | €292k | €292k | €308k |
| Accumulated profits (losses) | 14 | €-196k | €-172k | €-147k |
| Amounts payable | 17/49 | €13k | €20k | €19k |
| Amounts payable within one year | 42/48 | €13k | €20k | €19k |
| Trade debts payable within one year | 44 | €13k | €19k | €6k |
| Income statement | ||||
| Gross operating margin | 9900 | €-11k | €-15k | €58k |
| Operating result | 9901 | €-23k | €-24k | €51k |
| Financial income | 75 | €112 | €78 | €190 |
| Financial charges | 65 | €425 | €409 | €742 |
| Result before taxes | 9903 | €-23k | €-24k | €51k |
| Income taxes | 67/77 | €416 | €434 | €11k |
| Net result for the period | 9904 | €-23k | €-25k | €39k |
| Result to be appropriated | 9905 | €-23k | €-25k | €39k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 27-07-2009 |
| Status | Active |
| Postal code | 3511 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71056A0926/00K000 | Flanders | 698 m² | 1 · 179 m² | 6.4 m · 2 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.
26-06-2024 Discharge granted to the board correction
Technical details
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
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"evidence_quote": "Wordt hiermee neergelegd, de verklaring van het bestuursorgaan dat alle aandelen in \u00E9\u00E9n hand verenigd zijn cfr. artikel 2:8, \u00A74 en artikel 2:12 van het Wetboek van vennootschappen en verenigingen.",
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"act_meta": {
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"pub_date": "2024-06-26",
"filing_date": "2024-06-24",
"act_kind_objet": "Onderwerp akte:"
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"decisions": [
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"body": "algemene_vergadering",
"date": "2024-05-30",
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"co_filed_documents": [
"eensluidend afschrift",
"verslag bestuurder uitbreiding voorwerp",
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}| Legal nameNL | DE RAAF |