Els Raemdonck Procurement Projects
ActiveSummary
Els Raemdonck Procurement Projects has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €24k. Its solvency ranks better than 59% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency90▼-2
Growth52
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.69 in 2024; short-term debt: 35% and cash: 33.4% of total assets), and 35% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
65%
Return on assets
20.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
6 d late
2024
31 d late
← 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, micro schema
Equity
€76k▲ 42.9%
2024 · €53k
2024: €53k
2024 → 2025
Total assets
€117k▲ 48.0%
2024 · €79k
2024: €79k
2024 → 2025
Net result
€24k▼ 61.2%
2024 · €61k
2024: €61k
2024 → 2025
Working capital
€69k▲ 59.7%
2024 · €43k
2024: €43k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€53k-€76k▲ 42.9%
Operating result€78k-€34k▼ 56.3%
Net result€61k-€24k▼ 61.2%
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 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117k
Fixed assets
€7k ▼ 31.7%
Current assets
€110k ▲ 59.3%
Equity and liabilities €117k
Equity
€76k ▲ 42.9%
Debt
€41k ▲ 58.6%
Debt's share of the balance-sheet total rises from 32.6% to 35.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €91k
Cash flow
€27k▼
2024 · €73k
Current ratio
2.70▲
2024 · 2.69
Debt to equity
0.54▲
2024 · 0.48
ROE
31.1%▼
2024 · 114.8%
ROA
20.3%▼
2024 · 77.3%
Interest coverage
431.29▼
2024 · 731.58
Debt ≤ 1 year
€41k▲
2024 · €26k
Income taxes
€10k▼
2024 · €17k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€79k€117k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23€10k€7k▼
Current assets29/58€69k€110k▲
Amounts receivable within one year40/41€21k€20k▼
Trade receivables40€17k€17k▲
Other amounts receivable41€4k€3k▼
Current investments50/53-€50k
Cash at bank and in hand54/58€48k€39k▼
Deferred charges and accrued income490/1-€616
Equity and liabilities
Total equity and liabilities10/49€79k€117k▲
Equity10/15€53k€76k▲
Contributions10/11€1k€1k=
Reserves13-€75k
Distributable reserves133-€75k
Profit (loss) carried forward14€52k€0▼
Amounts payable17/49€26k€41k▲
Amounts payable within one year42/48€26k€41k▲
Financial debts43€50€759▲
Credit institutions430/8€50€759▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€20k€34k▲
Taxes450/3€20k€34k▲
Other amounts payable47/48-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€3k▼
Other operating charges640/8€3k€6k▲
Gross operating margin9900€94k€43k▼
Operating profit (loss)9901€78k€34k▼
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€124€86▼
Recurring financial charges65€124€86▼
Profit (loss) for the period before taxes9903€78k€34k▼
Income taxes67/77€17k€10k▼
Profit (loss) for the period9904€61k€24k▼
Profit (loss) for the period to be appropriated9905€61k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€24k▼
Transfer to equity691/2-€23k
To other reserves6921-€23k
Profit to be distributed694/7€9k€833▼
Return on contributions (dividend)694€833€833=
Directors or managers695€8k€0▼
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
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, Gent · 1 establishment unit since 2023
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.
Patijntjestraat 1929000 GentGround area
263 m²
Building footprint
201 m²
Volume, LiDAR
3,464 m³
Parcel 44809I0799/00D004, Flanders · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Els Raemdonck Procurement Projects
since 20232.345.795.441
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0799/00D004 | Flanders | 263 m² | 1 · 201 m² | 20.2 m · 6 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.
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CUTTING EDGE INVEST SPRL
BE 0670.445.192
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JZH ET PARTNERS
BE 0428.265.589
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Beetee
BE 0800.261.579
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,924 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
Founded24-05-2023
Fiscal year end31-12
Abbreviation NL
ERPP
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.