ILS & RAF

Active

Private limited companyfounded 20188 yrs activeLozijde 27, 2275 Lille, BelgiumKBO/BCE: BE 0695.519.989

ILS & RAF has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74k and a net result of €3k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

67 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▼-8

Solvency73▲+1

Growth52=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity short (current ratio 0.78 against 0.73 in 2023; short-term debt: 39.6% and cash: 17.2% of total assets), and 51.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

48.2%

Return on assets

1.8%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

33 d early

2023

24 d late

2022

92 d late

2021

247 d late

2020

150 d late

2019

427 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€74k▲ 3.9%

2023 · €72k

2019: €36k 2020: €7k 2021: €21k 2022: €59k 2023: €72k

2019 → 2024

Total assets

€154k▲ 1.7%

2023 · €152k

2019: €251k 2020: €197k 2021: €202k 2022: €167k 2023: €152k

2019 → 2024

Net result

€3k▼ 78.7%

2023 · €13k

2019: €24k 2020: €-30k 2021: €14k 2022: €38k 2023: €13k

2019 → 2024

Working capital

€-13k▼ 26.3%

2023 · €-10k

2019: €159k 2020: €109k 2021: €44k 2022: €-13k 2023: €-10k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€7k-€21k▲ 214%€59k▲ 180%€72k▲ 22.1%€74k▲ 3.9%

Operating result€-39k-€4k€46k▲ 993%€20k▼ 55.2%€7k▼ 66.7%

Net result€-30k-€14k€38k▲ 164%€13k▼ 65.6%€3k▼ 78.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 67% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €154k

68.9%

31.1%

Fixed assets €106k▼ 13.6%

Current assets €48k▲ 67.7%

Equity and liabilities €154k

48.2%

51.8%

Equity €74k▲ 3.9%

Debt €80k▼ 0.2%

The debt ratio falls from 52.8% to 51.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€24k▼

2023 · €38k

Cash flow

€20k▼

2023 · €31k

Solvency

48.2%▲

2023 · 47.2%

Current ratio

0.78▲

2023 · 0.73

Quick ratio

0.73▲

2023 · 0.71

Debt / equity

1.07▼

2023 · 1.12

ROE

3.7%▼

2023 · 18.1%

ROA

1.8%▼

2023 · 8.6%

Interest coverage

7.73▼

2023 · 11.43

Debt

€80k▼

2023 · €80k

Debt ≤ 1 year

€61k▲

2023 · €39k

Debt > 1 year

€19k▼

2023 · €41k

Income taxes

€1k▼

2023 · €4k

Staff costs

€9k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€152k€154k▲

Fixed assets21/28€123k€106k▼

Tangible fixed assets22/27€121k€106k▼

Plant, machinery and equipment23€5k€3k▼

Furniture and vehicles24€116k€102k▼

Financial fixed assets28€2k€835▼

Current assets29/58€29k€48k▲

Stocks and contracts in progress3€1k€4k▲

Stocks30/36€1k€4k▲

Amounts receivable within one year40/41€9k€18k▲

Trade receivables40€58€358▲

Other amounts receivable41€9k€17k▲

Cash at bank and in hand54/58€19k€27k▲

Equity and liabilities

Total equity and liabilities10/49€152k€154k▲

Equity10/15€72k€74k▲

Contributions10/11€12k€12k=

Profit (loss) carried forward14€59k€62k▲

Amounts payable17/49€80k€80k▼

Amounts payable after more than one year17€41k€19k▼

Financial debts170/4€41k€19k▼

Amounts payable within one year42/48€39k€61k▲

Current portion of amounts payable after more than one year42€22k€22k▲

Trade debts44€7k€32k▲

Suppliers440/4€7k€32k▲

Taxes, remuneration and social security45€4k€7k▲

Taxes450/3€4k€5k▲

Remuneration and social security454/9-€1k

Other amounts payable47/48€6k-

Income statement Code20232024

Remuneration, social security and pensions62-€9k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼

Other operating charges640/8€4k€3k▼

Non-recurring operating charges66A-€4k

Gross operating margin9900€42k€40k▼

Operating profit (loss)9901€20k€7k▼

Financial income75/76B-€327

Recurring financial income75-€327

Financial charges65/66B€3k€3k▼

Recurring financial charges65€3k€3k▼

Profit (loss) for the period before taxes9903€17k€4k▼

Income taxes67/77€4k€1k▼

Profit (loss) for the period9904€13k€3k▼

Profit (loss) for the period to be appropriated9905€13k€3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€59k€62k▲

Profit (loss) brought forward from the previous period14P€46k€59k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

28-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

24-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 24 days late

2023

31-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 92 days late

04-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 247 days late

2022

31-12

Financial Highest result since 2019net €38k ▲164%

Operating result €46k, net result €38k, both a record.

2021

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

28-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 150 days late

01-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 427 days late

2020

31-12

Financial Weakest financial yearnet €-30k ▼224%

Net result drops to €-30k, the lowest in the series; recovery starts the following year.

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Lille · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Lozijde 272275 Lille

Ground area

1,185 m²

Building footprint

143 m²

Volume, LiDAR

768 m³

Parcel 13009C0670/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ILS & RAF

Lozijde 27, 2275 LilleRetail sale of fruit and vegetables

since 20182.276.950.581

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13009C0670/00L000	Flanders	1,185 m²	1 · 143 m²	8.8 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Lille2.276.950.581

1 permission

Toelating · Ambulante eetgelegenheid · since 14-12-2022

Similar companies · same sector, comparable size

Of 3,827 companies in sector 47210 we hold annual accounts for 966. 793 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-04-2018

Fiscal year end31-12

Activities, NACEBEL

47210Retail sale of fruit and vegetables

47810Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.