R.A. PROJECTS
A bankruptcy procedure is open for R.A. PROJECTS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €16k and a net result of €5k.
| Equity | €16k |
| Net result | €5k |
| Better than sector | 12% |
| Active | 5 yrs |
Fragile profile, watch health in particular.
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.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.3% | 40.9% | |
| Net result | €5k | €11k | |
| Equity | €16k | €34k | |
| Gross operating margin | €66k | €35k | |
| Total assets | €298k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €778k |
| EBITDA | €31k |
| Net profit | €5k |
| Cash flow | €26k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €298k |
| Equity | €16k |
| Debt | €282k |
| of which ≤ 1y | €267k |
| of which > 1y | - |
| Working capital | €-17k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.94 |
| Quick ratio | 0.94 |
| Working capital ratio | -5.6% |
| Solvency | 5.3% |
| Debt / equity | 17.74 |
| Long-term debt ratio | - |
| Interest coverage | 3.56 |
| Gross margin | 8.5% |
| Net margin | 0.6% |
| ROA | 1.7% |
| ROE | 31.1% |
| EBITDA margin | 4.0% |
| Days sales outstanding | 64d |
| Days payable outstanding | 114d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €298k |
| Fixed assets | 21/28 | €48k |
| Intangible fixed assets | 21 | €0 |
| Tangible fixed assets | 22/27 | €48k |
| Current assets | 29/58 | €250k |
| Amounts receivable within one year | 40/41 | €208k |
| Cash & bank | 54/58 | €29k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €298k |
| Equity | 10/15 | €16k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €9k |
| Accumulated profits (losses) | 14 | €5k |
| Amounts payable | 17/49 | €282k |
| Amounts payable within one year | 42/48 | €267k |
| Trade debts payable within one year | 44 | €223k |
| Income statement | ||
| Turnover | 70 | €778k |
| Gross operating margin | 9900 | €66k |
| Operating result | 9901 | €11k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €5k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
Former directors (1)
-
Former- → 30-06-2025
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JORIS DE SMET BRUUL 27, 9630 ZWALM- |
26-03-2026 → present | Belgian State Gazette |
| NACE primary | Specialised construction(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 17-09-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 02-04-2026 |
| Latest BS signal | 02-04-2026 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41081A0742/00X004 | Flanders | 323 m² | 1 · 153 m² | 16.1 m · 4 fl. |
| 42006D0630/00D004 | Flanders | 223 m² | 1 · 98 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-11-2025 RUICAN Stefan Alexandru resigns as director
- RUICAN Stefan Alexandru, Bestuurder
Technical details
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"effective_date": "2025-06-30",
"evidence_quote": "De heer RUICAN Stefan Alexandru geeft uiting aan zijn besluit om ontslag te nemen als bestuurder, vanaf 30.06.2025. De beslissing wordt genomen bij unanimiteit van stemmen."
}
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}21-09-2020 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | R.A. PROJECTS |
- 10-06-2025 Address struck