De Witte Raaf
ActiveSummary
De Witte Raaf has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-13k) and a net result of €-25k. Equity is shrinking by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-2
Solvency23▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.75 in 2024; short-term debt: 92.1% and cash: 1.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Sector 56
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-1.8%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-13k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
17 d early
2023
34 d early
2022
34 d early
2021
34 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-13k
2024 · €3k
2018: €-30k
2019: €30k
2020: €39k
2021: €40k
2022: €26k
2023: €15k
2024: €3k
2018 → 2025
Total assets
€746k▼ 0.2%
2024 · €747k
2018: €547k
2019: €642k
2020: €676k
2021: €694k
2022: €698k
2023: €723k
2024: €747k
2018 → 2025
Net result
€-25k▼ 21.3%
2024 · €-21k
2018: €-7k
2019: €-9k
2020: €828
2021: €-6k
2022: €-22k
2023: €-19k
2024: €-21k
2018 → 2025
Working capital
€-181k▼ 10.0%
2024 · €-165k
2018: €-138k
2019: €-138k
2020: €-129k
2021: €-128k
2022: €-141k
2023: €-152k
2024: €-165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€26k▼ 35.7%€15k▼ 41.1%€3k▼ 78.8%€-13k
Operating result€-119-€-16k▼ 13,463%€-12k▲ 25.5%€-13k▼ 9.7%€-17k▼ 31.9%
Net result€-6k-€-22k▼ 262%€-19k▲ 14.5%€-21k▼ 7.3%€-25k▼ 21.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €13k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €746k
Fixed assets
€240k =
Current assets
€506k ▼ 0.3%
Key figures and ratios
Solvency
-1.8%▼
2024 · 0.4%
Current ratio
0.74▼
2024 · 0.75
Debt to equity
-52.28
ROA
-3.3%▼
2024 · -2.7%
Debt
€689k▲
2024 · €674k
Debt ≤ 1 year
€687k▲
2024 · €672k
Debt > 1 year
€2k=
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€747k€746k▼
Fixed assets21/28€240k€240k=
Financial fixed assets28€240k€240k=
Current assets29/58€507k€506k▼
Amounts receivable within one year40/41€498k€494k▼
Trade receivables40€11k€4k▼
Other amounts receivable41€487k€490k▲
Cash at bank and in hand54/58€8k€10k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€747k€746k▼
Equity10/15€3k€-13k▼
Contributions10/11€40k€40k=
Revaluation surpluses12€60k€60k=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-121k€-137k▼
Provisions and deferred taxes16€70k€70k=
Provisions for liabilities and charges160/5€70k€70k=
Other liabilities and charges164/5€70k€70k=
Amounts payable17/49€674k€689k▲
Amounts payable after more than one year17€2k€2k=
Financial debts170/4€2k€2k=
Amounts payable within one year42/48€672k€687k▲
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€242€149▼
Taxes450/3€242€149▼
Other amounts payable47/48€672k€687k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-12k€-16k▼
Operating profit (loss)9901€-13k€-17k▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€-21k€-25k▼
Profit (loss) for the period9904€-21k€-25k▼
Profit (loss) for the period to be appropriated9905€-21k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-129k€-146k▼
Profit (loss) brought forward from the previous period14P€-109k€-121k▼
Shareholders' contribution to the loss794€9k€9k=
The notes to these accounts (12 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €828
Net result €828 after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
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
2 acts for this company are 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, Olen · 1 establishment unit since 1990
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.
Doffen 972250 OlenGround area
5,737 m²
Building footprint
338 m²
Volume, LiDAR
1,943 m³
Parcel 13029B0202/00P000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE WITTE RAAF
since 19902.049.250.506
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029B0202/00P000 | Flanders | 5,737 m² | 1 · 338 m² | 10.3 m · 2 fl. |
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.
Similar companies · same sector, comparable size
PADRONE
BE 0793.903.824
Brugge · Eq €3,233
BAB TAZA
BE 0764.843.119
Antwerpen · Eq €3,230
Karibu Sana
BE 0804.886.994
Kontich · Eq €3,229
P. CULTURE
BE 0464.472.820
Antwerpen · Eq €3,219
'T KLEINE GENOEGEN
BE 0424.929.977
Hasselt · Eq €3,211
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 3,893 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1990
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.