Active BE 0820.537.450Private limited company (pre-2019)Open bankruptcy

Landmeter Raf Ernots

Wagenstraat 12 ·3740 Bilzen-Hoeselt, Belgium· 16 yrs active

Sector: Activiteiten van landmeters-experts (71122)

Conclusion Checked

A bankruptcy procedure is open for Landmeter Raf Ernots according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €72k and a net result of €-77k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€72k
Net result	€-77k
Staff (FTE)	5.5
Better than sector	13%

Snowflake analysis 5 of 5 axes measured · computed by Checked

8 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 6

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-02-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	9.5%	52.0%	better than 13% of 2785 sector peers
Net result	€-77k	€17k	better than 5% of 2783 sector peers
Equity	€72k	€37k	better than 72% of 2785 sector peers
Gross operating margin	€233k	€34k	better than 95% of 2781 sector peers
Staff costs	€257k	€17k	higher than 95% of 449 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-24k

- 19-23

Net profit

€-77k

- 19-23

Cash flow

€-36k

- 19-23

Total assets

€763k

-1.7% 19-23

Equity

€72k

-51.4% 19-23

Working capital

€-198k

-119.1% 19-23

Employees (FTE)

6

+10.0% 19-23

Staff costs

€257k

+10.2% 19-23

Income taxes

€8k

+72.8% 19-23

Debt

€690k

+10.1% 19-23

Debt ≤ 1y

€353k

+54.0% 19-23

Debt > 1y

€338k

-15.2% 19-23

Current ratio

0.44

-27.5% 19-23

Quick ratio

0.44

-27.5% 19-23

Solvency

9.5%

-50.5% 19-23

Debt / equity

9.53

+126.4% 19-23

ROE

-105.7%

- 19-23

ROA

-10.0%

- 19-23

Interest coverage

-2.11

- 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€-24k
Net profit	€-77k
Cash flow	€-36k
Staff costs	€257k
Income taxes	-
Dividends	-
Total assets	€763k
Equity	€72k
Debt	€690k
of which ≤ 1y	€353k
of which > 1y	€338k
Working capital	€-198k
Employees (FTE)	5.5

Ratios (computed)

	2023
Current ratio	0.44
Quick ratio	0.44
Working capital ratio	-26.0%
Solvency	9.5%
Debt / equity	9.53
Long-term debt ratio	4.66
Interest coverage	-2.11
Gross margin	-
Net margin	-
ROA	-10.0%
ROE	-105.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €608k · 79.7% Current assets €155k · 20.3%

Equity & liabilities

Equity €72k · 9.5% Debt €690k · 90.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€763k
Fixed assets	21/28	€608k
Tangible fixed assets	22/27	€226k
Financial fixed assets	28	€382k
Current assets	29/58	€155k
Amounts receivable within one year	40/41	€141k
Cash & bank	54/58	€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€763k
Equity	10/15	€72k
Contributions / capital	10/11	€19k
Reserves	13	€22k
Accumulated profits (losses)	14	€32k
Amounts payable	17/49	€690k
Amounts payable after one year	17	€338k
Amounts payable within one year	42/48	€353k
Trade debts payable within one year	44	€138k
Income statement
Gross operating margin	9900	€233k
Operating result	9901	€-65k
Financial income	75	€0
Financial charges	65	€11k
Result before taxes	9903	€-77k
Net result for the period	9904	€-77k
Result to be appropriated	9905	€-77k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	CARL SCHREURS PASTOOR RAEYMAEKERS- STRAAT 25, 3600 GENK- . Co-Curator: PAUL VERHAERT, DORP 54, 2288 BOUWEL- paul@sb- v.be ↔ Also on 92 other cases	19-06-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van landmeters-experts(71122)
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-11-2009
Status	Active
Postal code	3740
First BS signal	25-06-2025
Latest BS signal	25-06-2025

Establishment units 1 location

Wagenstraat 12, 3740 Bilzen-Hoeselt

Activiteiten van landmeters-experts

since 20092.182.908.586

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73006H0412/00E000	Flanders	1,615 m²	1 · 244 m²	0.1 m

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

25-06-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · LANDMETER RAF ERNOTS BV WAGENSTRAAT 12, 3740 BILZEN-HOESELT · event 19-06-2025

2024

26-02-2024