RA PAINT
ActiveThe computed 12-month bankruptcy probability of RA PAINT is 2.1% (moderate). The 2025 annual accounts show equity of €93k and a net result of €1k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 27451 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-48
Solvency75▼-10
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.37 in 2024; short-term debt: 40.5% and cash: 6.9% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
0.8%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-05-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
30 d early
2023
30 d early
2022
61 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 1.6%
2024 · €92k
2022: €59k
2023: €36k
2024: €92k
2022 → 2025
Total assets
€185k▲ 22.0%
2024 · €152k
2022: €107k
2023: €108k
2024: €152k
2022 → 2025
Net result
€1k▼ 97.4%
2024 · €56k
2022: €57k
2023: €-23k
2024: €56k
2022 → 2025
Working capital
€101k▲ 23.7%
2024 · €81k
2022: €59k
2023: €29k
2024: €81k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€59k-€36k▼ 39.4%€92k▲ 155%€93k▲ 1.6%
Operating result€79k-€-21k€76k€9k▼ 87.8%
Net result€57k-€-23k€56k€1k▼ 97.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€10k▼ 12.2%
Current assets
€176k▲ 24.6%
Equity and liabilities €185k
Equity
€93k▲ 1.6%
Debt
€92k▲ 53.1%
The debt ratio rises from 39.5% to 49.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €82k
Cash flow
€9k▼
2024 · €62k
Solvency
50.4%▼
2024 · 60.5%
Current ratio
2.34▼
2024 · 2.37
Quick ratio
2.33▼
2024 · 2.34
Debt / equity
0.99▲
2024 · 0.65
ROE
1.6%▼
2024 · 60.8%
ROA
0.8%▼
2024 · 36.8%
Interest coverage
3.85▼
2024 · 47.15
Debt
€92k▲
2024 · €60k
Debt ≤ 1 year
€75k▲
2024 · €60k
Debt > 1 year
€17k▲
2024 · €471
Income taxes
€4k▼
2024 · €18k
Staff costs
€92k▲
2024 · €81k
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€185k▲
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€876€689▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€2k€4k▲
Current assets29/58€141k€176k▲
Stocks and contracts in progress3€1k€1k▼
Stocks30/36€1k€1k▼
Amounts receivable within one year40/41€112k€158k▲
Trade receivables40€101k€151k▲
Other amounts receivable41€11k€6k▼
Cash at bank and in hand54/58€27k€13k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€152k€185k▲
Equity10/15€92k€93k▲
Contributions10/11€3k€3k=
Reserves13€89k€89k=
Distributable reserves133€89k€89k=
Profit (loss) carried forward14-€1k
Amounts payable17/49€60k€92k▲
Amounts payable after more than one year17€471€17k▲
Financial debts170/4€471€17k▲
Amounts payable within one year42/48€60k€75k▲
Current portion of amounts payable after more than one year42€32k€31k▼
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€18k€25k▲
Taxes450/3€12k€4k▼
Remuneration and social security454/9€6k€22k▲
Income statement
Code20242025
Non-recurring operating income76A€546€4k▲
Remuneration, social security and pensions62€81k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€791€607▼
Gross operating margin9900€164k€110k▼
Operating profit (loss)9901€76k€9k▼
Financial income75/76B€140€332▲
Recurring financial income75€140€332▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€74k€5k▼
Income taxes67/77€18k€4k▼
Profit (loss) for the period9904€56k€1k▼
Profit (loss) for the period to be appropriated9905€56k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€1k▼
Profit (loss) brought forward from the previous period14P€-23k-
Transfer to equity691/2€32k-
To other reserves6921€32k-
The notes to these accounts (8 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
2026
31-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-23k ▼141%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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, Alken · 1 establishment unit since 2021
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.
Irislaan 493570 AlkenGround area
466 m²
Building footprint
108 m²
Parcel 73302F0054/00K000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
RA PAINT
since 20212.324.838.887
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302F0054/00K000 | Flanders | 465 m² | 1 · 108 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 572 EUR awarded · 572 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 72 EUR | 72 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 1 endedDecoratie en schilderwerken duaal (so)
Medewerker schilder- en behangwerken duaal (so)
Schilder-decorateur (vwo)
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4INTERIOR
BE 1003.138.465
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BGCM
BE 0720.764.636
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JAN BELLEFROID
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 2,292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2021
Fiscal year end30-09
Activities, NACEBEL
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.