RAAG GROUP
ActiveSummary
The computed 12-month bankruptcy probability of RAAG GROUP is 2.8% (moderate). The 2024 annual accounts show negative equity (-€187) and a net result of €6,531. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 119 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €18,879 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €12,495 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €37 | - |
| Other operating charges640/8 | - | - | €474 | €118 | ▼ 75.1% |
| Gross operating margin9900 | -€4,838 | -€2,196 | -€541 | €12,588 | ▲ 2,428% |
| Operating profit (loss)9901 | -€4,838 | -€2,196 | -€1,014 | €12,433 | ▲ 1,326% |
| Financial income75/76B | - | - | €4 | €54 | ▲ 1,363% |
| Recurring financial income75 | - | - | €4 | €54 | ▲ 1,363% |
| Financial charges65/66B | €3 | - | €169 | €5,941 | ▲ 3,422% |
| Recurring financial charges65 | €3 | - | €169 | €241 | ▲ 42.8% |
| Non-recurring financial charges66B | - | - | - | €5,700 | - |
| Profit (loss) for the period before taxes9903 | -€4,841 | -€2,196 | -€1,179 | €6,545 | ▲ 655% |
| Income taxes67/77 | - | - | €1 | €14 | ▲ 1,173% |
| Profit (loss) for the period9904 | -€4,841 | -€2,196 | -€1,180 | €6,531 | ▲ 653% |
| Profit (loss) for the period to be appropriated9905 | -€4,841 | -€2,196 | -€1,180 | €6,531 | ▲ 653% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €930 | €990 | €249 | €6,541 | ▲ 2,524% |
| Fixed assets21/28 | - | - | - | €1,414 | - |
| Tangible fixed assets22/27 | - | - | - | €1,414 | - |
| Plant, machinery and equipment23 | - | - | - | €1,414 | - |
| Current assets29/58 | €930 | €990 | €249 | €5,127 | ▲ 1,957% |
| Amounts receivable within one year40/41 | €776 | €836 | - | €2,760 | - |
| Other amounts receivable41 | €776 | €836 | - | €2,760 | - |
| Cash at bank and in hand54/58 | €154 | €154 | €249 | €2,367 | ▲ 850% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €930 | €990 | €249 | €6,541 | ▲ 2,524% |
| Equity10/15 | -€3,341 | -€5,538 | -€6,718 | -€187 | ▲ 97.2% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | -€4,841 | -€7,038 | -€8,218 | -€1,687 | ▲ 79.5% |
| Amounts payable17/49 | €4,271 | €6,527 | €6,967 | €6,727 | ▼ 3.4% |
| Amounts payable within one year42/48 | €4,271 | €4,854 | €6,967 | €6,727 | ▼ 3.4% |
| Trade debts44 | - | €583 | - | - | - |
| Suppliers440/4 | - | €583 | - | - | - |
| Other amounts payable47/48 | €4,271 | €4,271 | €6,967 | €6,727 | ▼ 3.4% |
| Accrued charges and deferred income492/3 | - | €1,673 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,841 | -€2,196 | -€1,180 | €6,531 | ▲ 653% |
| + Depreciation and write-downs630 | - | - | - | €37 | - |
| Operating cash flow (approximation) | -€4,841 | -€2,196 | -€1,180 | €6,569 | ▲ 657% |
| Change in cash | - | €0 | €95 | €2,118 | ▲ 2,126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0009/00M002 | Flanders | 310 m² | 1 · 125 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.