Immo De Ras
ActiveImmo De Ras has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €647k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 23% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+14
Solvency30=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.02 in 2024; short-term debt: 95.5% and cash: 74% of total assets), and 95.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
4.5%
Return on assets
18.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9167 sector peers (2025).
NBB · sector comparisonPosition among 9167 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €158k
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 · 4 filingsDeviation from the deadline
2025
4 d early
2024
7 d early
2023
60 d late
2022
88 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€158k▲ 1.4%
2024 · €156k
2022: €187k
2023: €137k
2024: €156k
2022 → 2025
Total assets
€3.49M▲ 13.6%
2024 · €3.07M
2022: €1.73M
2023: €1.63M
2024: €3.07M
2022 → 2025
Net result
€647k▲ 195%
2024 · €219k
2022: €240k
2023: €150k
2024: €219k
2022 → 2025
Working capital
€92k▲ 74.0%
2024 · €53k
2022: €64k
2023: €9k
2024: €53k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€187k-€137k▼ 26.8%€156k▲ 14.1%€158k▲ 1.4%
Operating result€332k-€211k▼ 36.4%€311k▲ 47.3%€739k▲ 138%
Net result€240k-€150k▼ 37.6%€219k▲ 46.4%€647k▲ 195%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 138% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.49M
Fixed assets
€66k▼ 35.7%
Current assets
€3.42M▲ 15.3%
Equity and liabilities €3.49M
Equity
€158k▲ 1.4%
Debt
€3.33M▲ 14.2%
The debt ratio rises from 94.9% to 95.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€779k▲
2024 · €360k
Cash flow
€687k▲
2024 · €268k
Solvency
4.5%▼
2024 · 5.1%
Current ratio
1.03▲
2024 · 1.02
Quick ratio
1.03▲
2024 · 1.02
Debt / equity
21.07▲
2024 · 18.69
ROE
409.1%▲
2024 · 140.6%
ROA
18.5%▲
2024 · 7.1%
Interest coverage
201.64▲
2024 · 74.58
Debt
€3.33M▲
2024 · €2.92M
Debt ≤ 1 year
€3.33M▲
2024 · €2.92M
Income taxes
€88k▲
2024 · €87k
Staff costs
€558k▲
2024 · €466k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.07M€3.49M▲
Fixed assets21/28€103k€66k▼
Intangible fixed assets21€12k€3k▼
Tangible fixed assets22/27€91k€63k▼
Furniture and vehicles24€39k€17k▼
Other tangible fixed assets26€53k€46k▼
Financial fixed assets28€225€225=
Current assets29/58€2.97M€3.42M▲
Amounts receivable within one year40/41€783k€787k▲
Trade receivables40€476k€464k▼
Other amounts receivable41€307k€323k▲
Cash at bank and in hand54/58€2.17M€2.58M▲
Deferred charges and accrued income490/1€17k€56k▲
Equity and liabilities
Total equity and liabilities10/49€3.07M€3.49M▲
Equity10/15€156k€158k▲
Contributions10/11€1k€1k=
Reserves13€116k€116k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€105k€105k=
Profit (loss) carried forward14€39k€41k▲
Amounts payable17/49€2.92M€3.33M▲
Amounts payable within one year42/48€2.92M€3.33M▲
Financial debts43€4k€1k▼
Credit institutions430/8€4k€1k▼
Trade debts44€572k€955k▲
Suppliers440/4€572k€955k▲
Advances received on contracts in progress46€1.92M€1.61M▼
Taxes, remuneration and social security45€218k€117k▼
Taxes450/3€156k€50k▼
Remuneration and social security454/9€62k€67k▲
Other amounts payable47/48€202k€647k▲
Income statement
Code20242025
Remuneration, social security and pensions62€466k€558k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€40k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€22k€-6k▼
Other operating charges640/8€6k€9k▲
Gross operating margin9900€854k€1.34M▲
Operating profit (loss)9901€311k€739k▲
Financial income75/76B-€25
Recurring financial income75-€25
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€306k€735k▲
Income taxes67/77€87k€88k▲
Profit (loss) for the period9904€219k€647k▲
Profit (loss) for the period to be appropriated9905€219k€647k▲
Appropriation of the result
Profit (loss) to be appropriated9906€239k€686k▲
Profit (loss) brought forward from the previous period14P€20k€39k▲
Profit to be distributed694/7€200k€645k▲
Return on contributions (dividend)694€200k€200k=
Directors or managers695-€445k
Social balance
Average headcount (FTE)90877.88.9▲
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
Highest result since 2022net €647k ▲195%
Operating result €739k, net result €647k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €156k ▲14.1%
3 profitable years in a row build equity to €156k.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
31-12
Financial
Weakest financial yearnet €150k ▼37.6%
Net result drops to €150k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
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, Lede · 3 establishment units since 2022
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.
Hoogstraat 209340 LedeGround area
2,761 m²
Building footprint
767 m²
Volume, LiDAR
2,310 m³
3 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
IMMO DE RAS
since 20222.331.690.948
IMMO DE RAS
since 20222.332.393.605
IMMO DE RAS
since 20232.350.491.528
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42012D0215/00A000 | Flanders | 1,609 m² | 1 · 336 m² | 0.5 m |
| 41028B0342/02K000 | Flanders | 877 m² | 1 · 176 m² | 6.7 m · 1 fl. |
| 41034C0011/00D000 | Flanders | 275 m² | 1 · 255 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 969 EUR awarded · 969 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 309 EUR | 309 EUR |
| 2023 | 1 | 660 EUR | 660 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLede2.331.690.948
Similar companies · same sector, comparable size
L'ATELIER CONSTRUCT
BE 0474.353.358
Veurne · Eq €158k
KLimmo
BE 0717.899.176
Sprimont · Eq €158k
Resor Residential
BE 1012.270.917
Antwerpen · Eq €158k
KRIKA
BE 0463.412.550
Meerhout · Eq €158k
L'ESSENTIEL IMMOBILIER
BE 0684.598.581
Charleroi · Eq €158k
Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 5,257 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-2022
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Business parks
2 parksOffers a parcel on business park:Grote Steenweg - Oordegem 1
Offers a parcel on business park:Ouden Heirweg - Oordegem