Financials
- Fiscal year
- 2025
- Total assets
- €100,294
- Profit
- €393
- Solvency
- 64.7%
Total assets▲ 3.3%
Net result
20192025
Firma Raes
ActiveSummary
Firma Raes has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,917 and a net result of €393. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 69% of 13501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Wholesale of agricultural produce and animal feed, general range
NACE 46216Air transport NACE 51210
#5 oldest company in Roeselare, Wholesale and retail trade sector1 site
Size
€100,294total assets 2025
- Equity
- €64,917
- Profit
- €393
Turnover not published (abridged schema)
Structure
Accounts 1 d early
Why 86- Liquidity: current ratio 2.79, cash €2,576, halved- Sector Wholesale trade (NACE 46)+ Founded in 1956+ Figures for FY 2025 (filed 03-02-2026)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Better than 45% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
90-1
equity 64.7% of total assets
Liquidity
37-10
short-term debt 35.3% · cash 2.6%
Profitability
38-6
return on assets 0.4%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%▲ +2.4% vs 11-2024
01-2025: 0.4%▲ +70.4% vs 12-2024
02-2025: 0.5%▲ +49.6% vs 01-2025highest value
03-2025: 0.1%▼ -76.1% vs 02-2025
04-2025: 0.1%● 0.0% vs 03-2025
05-2025: 0.1%● 0.0% vs 04-2025
06-2025: 0.1%● 0.0% vs 05-2025
07-2025: 0.1%● 0.0% vs 06-2025
08-2025: 0.1%▼ -2.3% vs 07-2025lowest value
09-2025: 0.1%● 0.0% vs 08-2025lowest value
10-2025: 0.1%▲ +15.0% vs 09-2025
11-2025: 0.1%▲ +2.1% vs 10-2025
12-2025: 0.1%▼ -1.3% vs 11-2025
01-2026: 0.2%▲ +61.2% vs 12-2025
02-2026: 0.4%▲ +69.2% vs 01-2026
03-2026: 0.2%▼ -44.4% vs 02-2026
04-2026: 0.2%● 0.0% vs 03-2026
05-2026: 0.2%● 0.0% vs 04-2026
06-2026: 0.2%● 0.0% vs 05-2026
07-2026: 0.2%● 0.0% vs 06-2026
08-2026: 0.2%▼ -2.7% vs 07-2026
09-2026: 0.2%● 0.0% vs 08-2026
10-2026: 0.2%▲ +14.3% vs 09-2026
- Founded in 1956 lowers the probability for this profile
- Liquidity: current ratio 2.79, cash €2,576, halved raises the probability
- Sector Wholesale trade (NACE 46) raises the probability
- Figures for FY 2025 (filed 03-02-2026) lowers the probability
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.79 against 3.15 in 2024; short-term debt: 35.3% and cash: 2.6% of total assets), and 35.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 70%, liquidity 35%, profitability 31%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
26 d early
2022
1 d late
2021
47 d early
2020
44 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet €393 ▼85.5%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- Next accounts
- by 31-01-2027
- 30-01-2026Annual accounts filed
- 30-06-2025Weakest financial year
- 31-01-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Wholesale of agricultural produce and animal feed, general…NACE 46216
- Founded
- 10-02-1956
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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