R.J. STABLES
ActiveThe computed 12-month bankruptcy probability of R.J. STABLES is 2.0% (moderate). The 2024 annual accounts show equity of €160k and a net result of €118k. Its solvency ranks better than 28% of 5988 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▼-10
Solvency48▼-32
Growth52
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 2.18 in 2023; short-term debt: 76.7% and cash: 26% of total assets), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
1 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€118k▼ 13.7%
2023 · €137k
2023: €137k
2023 → 2024
Working capital
€149k▲ 8.8%
2023 · €137k
2023: €137k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€142k-€160k▲ 12.8%
Operating result€184k-€164k▼ 11.0%
Net result€137k-€118k▼ 13.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €689k
Fixed assets
€11k▲ 117%
Current assets
€678k▲ 169%
Equity and liabilities €689k
Equity
€160k▲ 12.8%
Debt
€529k▲ 358%
The debt ratio rises from 44.8% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€167k▼
2023 · €187k
Cash flow
€121k▼
2023 · €139k
Solvency
23.3%▼
2023 · 55.2%
Current ratio
1.28▼
2023 · 2.18
Quick ratio
0.99▼
2023 · 1.67
Debt / equity
3.30▲
2023 · 0.81
ROE
73.8%▼
2023 · 96.5%
ROA
17.2%▼
2023 · 53.2%
Interest coverage
22.93▼
2023 · 99.44
Debt
€529k▲
2023 · €115k
Debt ≤ 1 year
€529k▲
2023 · €115k
Income taxes
€40k▼
2023 · €45k
Staff costs
€5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€258k€689k▲
Fixed assets21/28€5k€11k▲
Tangible fixed assets22/27€5k€11k▲
Plant, machinery and equipment23€910€642▼
Furniture and vehicles24€4k€11k▲
Current assets29/58€252k€678k▲
Stocks and contracts in progress3€60k€155k▲
Stocks30/36€60k€155k▲
Amounts receivable within one year40/41€151k€340k▲
Trade receivables40€44k€225k▲
Other amounts receivable41€107k€115k▲
Cash at bank and in hand54/58€33k€179k▲
Deferred charges and accrued income490/1€9k€3k▼
Equity and liabilities
Total equity and liabilities10/49€258k€689k▲
Equity10/15€142k€160k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€137k€155k▲
Amounts payable17/49€115k€529k▲
Amounts payable within one year42/48€115k€529k▲
Trade debts44€19k€343k▲
Suppliers440/4€19k€343k▲
Taxes, remuneration and social security45€48k€106k▲
Taxes450/3€48k€106k▲
Remuneration and social security454/9€0€247▲
Other amounts payable47/48€49k€80k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€4k€10k▲
Gross operating margin9900€190k€182k▼
Operating profit (loss)9901€184k€164k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€182k€158k▼
Income taxes67/77€45k€40k▼
Profit (loss) for the period9904€137k€118k▼
Profit (loss) for the period to be appropriated9905€137k€118k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€255k▲
Profit (loss) brought forward from the previous period14P-€137k
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €150kEq €160k ▲12.8%
2 profitable years in a row build equity to €160k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oupeye · 1 establishment unit since 2023
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.
Rue du Moulin 1244684 OupeyeGround area
176 m²
Building footprint
57 m²
Volume, LiDAR
350 m³
Parcel 62048B1729/00D000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
R.J. STABLES
since 20232.344.280.261
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62048B1729/00D000 | Wallonia | 176 m² | 1 · 57 m² | 6.8 m · 2 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.
Similar companies · same sector, comparable size
EZ BUSINESS
BE 0597.880.086
Stekene · Eq €160k
LOODS C
BE 0784.229.657
Tielt · Eq €160k
THEMIS REAL ESTATE & MANAGEMENT
BE 0442.087.002
Hasselt · Eq €161k
NOBILES
BE 0453.373.842
Zoersel · Eq €161k
MECO SALES
BE 0425.817.330
Oostende · Eq €160k
Of 6,155 companies in sector 46190 we hold annual accounts for 2,569. 1,911 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2023
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
46232Wholesale trade
01430Raising of horses and other equines
85510Sports and recreation education
93127Equestrian clubs
93199Other sports activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.