MOELANS, RACINE & C°
ActiveThe computed 12-month bankruptcy probability of MOELANS, RACINE & C° is 1.8% (moderate). The 2025 annual accounts show equity of €33k and a net result of €-7k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 13091 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-14
Solvency52▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.91 in 2024; short-term debt: 33% and cash: 10.3% of total assets), and 73.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
-5.6%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
7 d early
2022
4 d early
2021
40 d early
2020
64 d early
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▼ 36.6%
2024 · €51k
2019: €87k
2020: €69k
2021: €63k
2022: €83k
2023: €52k
2024: €51k
2019 → 2025
Total assets
€122k▼ 20.2%
2024 · €152k
2019: €219k
2020: €181k
2021: €164k
2022: €178k
2023: €185k
2024: €152k
2019 → 2025
Net result
€-7k▼ 965%
2024 · €-634
2019: €-7k
2020: €-18k
2021: €-6k
2022: €20k
2023: €-31k
2024: €-634
2019 → 2025
Working capital
€-17k▼ 515%
2024 · €-3k
2019: €11k
2020: €5k
2021: €9k
2022: €34k
2023: €4k
2024: €-3k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€83k▲ 30.8%€52k▼ 37.4%€51k▼ 1.2%€33k▼ 36.6%
Operating result€719-€25k▲ 3,430%€-8k€5k€-2k
Net result€-6k-€20k€-31k€-634▲ 98.0%€-7k▼ 965%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€98k▼ 20.7%
Current assets
€24k▼ 17.9%
Equity and liabilities €122k
Equity
€33k▼ 36.6%
Debt
€89k▼ 11.9%
The debt ratio rises from 66.3% to 73.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €31k
Cash flow
€19k▼
2024 · €26k
Solvency
26.8%▼
2024 · 33.7%
Current ratio
0.59▼
2024 · 0.91
Quick ratio
0.33▼
2024 · 0.54
Debt / equity
2.74▲
2024 · 1.97
ROE
-20.7%▼
2024 · -1.2%
ROA
-5.6%▼
2024 · -0.4%
Interest coverage
4.85▼
2024 · 5.68
Debt
€89k▼
2024 · €101k
Debt ≤ 1 year
€40k▲
2024 · €31k
Debt > 1 year
€49k▼
2024 · €70k
Staff costs
€11k▲
2024 · €11k
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€152k€122k▼
Fixed assets21/28€124k€98k▼
Tangible fixed assets22/27€124k€98k▼
Land and buildings22€90k€73k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€25k€18k▼
Current assets29/58€29k€24k▼
Stocks and contracts in progress3€12k€10k▼
Stocks30/36€12k€10k▼
Amounts receivable within one year40/41€1k€434▼
Trade receivables40€705€209▼
Other amounts receivable41€308€225▼
Cash at bank and in hand54/58€16k€13k▼
Deferred charges and accrued income490/1€212€333▲
Equity and liabilities
Total equity and liabilities10/49€152k€122k▼
Equity10/15€51k€33k▼
Contributions10/11€120k€108k▼
Profit (loss) carried forward14€-69k€-75k▼
Amounts payable17/49€101k€89k▼
Amounts payable after more than one year17€70k€49k▼
Financial debts170/4€50k€36k▼
Trade debts175€20k€13k▼
Amounts payable within one year42/48€31k€40k▲
Current portion of amounts payable after more than one year42€25k€21k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€1k€1k▲
Other amounts payable47/48€58€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€11k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€44k€38k▼
Operating profit (loss)9901€5k€-2k▼
Financial income75/76B€5€5=
Recurring financial income75€5€5=
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€-634€-7k▼
Profit (loss) for the period9904€-634€-7k▼
Profit (loss) for the period to be appropriated9905€-634€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-75k▼
Profit (loss) brought forward from the previous period14P€-68k€-69k▼
The notes to these accounts (7 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-31k ▼259%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kasterlee · 1 establishment unit since 2008
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.
Retiesebaan 632460 KasterleeGround area
656 m²
Building footprint
235 m²
Volume, LiDAR
1,316 m³
Parcel 13017G0228/00F000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ter Hove
since 20082.173.344.782
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017G0228/00F000 | Flanders | 656 m² | 1 · 235 m² | 10.2 m · 1 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 siteKasterlee2.173.344.782
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
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BE 0821.067.782
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CAROMA
BE 0650.790.123
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LES MIXOLOGISTES
BE 0698.896.084
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BE 0801.270.775
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CIMENTAY
BE 1009.401.103
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,551 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2008
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.