R.A.Z.
ActiveFrom the official registers: KBO 46 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
R.A.Z. has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,982 and a net result of €23,395. Equity has been growing by about 8.5% per year since 2018. Its solvency ranks better than 45% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 21-01-1980 Normal situation
- Legal form
- Private limited company
- Registered office
- Chaussée de Tongres 326, 4000 Liège
- Activity
- Development of residential building projects NACE 68121and 2 others
- Establishment unit
- 2.017.179.138 4190 Ferrières, since 15-02-1980
- Financial year end
- 31 December
- Peppol
- Reachable since 10-02-2026
Board and ownership
- BIHET FrançoiseDirector · since 06-12-2021
- PELLAERS RolandDirector · since 06-12-2021
- PELLAERS AllisonDirector · since 23-12-2025
- Allison PELLAERS98.52%annual accounts 2025
- Françoise BIHET0.74%annual accounts 2025
- Roland PELLAERS0.74%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €45,843
- ▼ 49.4%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €23,395
- ▼ 57.4%
- Equity
- €416,982
- ▲ 5.9%
- Total assets
- €1.3m
- ▲ 9.7%
Score breakdownraises riskLiquidity: current ratio 0.04, cash €9,612lowers riskSize: total assets €1.3mFigures for financial year 2025 (filed on 03-06-2026)Founded in 1980Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 51% of them on solvency, 16% on liquidity, 61% on profitability and 60% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 02-06-2026
- Annual accounts 2024filed on 19-06-2025
- Annual accounts 2023filed on 30-07-2024
- Annual accounts 2022filed on 14-06-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 23-02-2026
- Purpose · Amendment of the articles · Nameact of 30-04-2025
- Miscellaneousact of 22-10-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0420.130.556
Key facts about R.A.Z.
- What is the company number of R.A.Z.?
- The company number of R.A.Z. is 0420.130.556. The VAT number is the same number with BE in front: BE 0420.130.556.
- Where is R.A.Z. based?
- The registered office is at Chaussée de Tongres 326, 4000 Liège.Company details
- What does R.A.Z. do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of R.A.Z.?
- The legal form of R.A.Z. is Private limited company (BV).
- When was R.A.Z. founded?
- R.A.Z. was founded on 21-01-1980.
- Is R.A.Z. still active?
- Yes, R.A.Z. is an active enterprise in the KBO register.
- What is the turnover of R.A.Z.?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €45,843 and 33 comparable companies (NACE 681). It probably lies between €70,000 and €230,000.Financials
- Is R.A.Z. profitable?
- In financial year 2025, R.A.Z. made a profit of €23,395.
- Where can I find the annual accounts of R.A.Z.?
- R.A.Z. filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of R.A.Z. due?
- R.A.Z. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as R.A.Z.: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €873,000 and €1.5m, founded between 1973 and 1988.
| Company | Total assets | Gross margin |
|---|---|---|
| R.A.Z. Liège | €1.3m | €0.05m |
| SOGEPRA Liège | €0.9m | €0.09m |
| LECLERCQ IMMOBILIER Esneux | €0.9m | €0.03m |
| WOONKANTOOR LENNIK Lennik | €0.9m | €0.06m |
| VOSSIUS IMMO Sint-Truiden | €1.2m | €0.06m |
| PROJECT en BOUW Ronse | €1.5m | €0.07m |
| COULEUR SOLEIL Braine-l'Alleud | €1.1m | €0.06m |
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