RAAK!
ActiveThe computed 12-month bankruptcy probability of RAAK! is 5.6% (elevated). The 2025 annual accounts show negative equity (€-20k) and a net result of €-3k. Equity is shrinking by ~43% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.18 in 2024; short-term debt: 452.8% and cash: 9.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-352.8%
Return on assets
-52.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-20k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
1 d early
2023
30 d late
2022
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-20k▼ 17.3%
2024 · €-17k
2022: €-4k
2023: €-8k
2024: €-17k
2022 → 2025
Total assets
€6k▼ 2.0%
2024 · €6k
2022: €5k
2023: €6k
2024: €6k
2022 → 2025
Net result
€-3k▲ 65.3%
2024 · €-8k
2022: €-9k
2023: €-4k
2024: €-8k
2022 → 2025
Working capital
€-21k▼ 12.3%
2024 · €-18k
2022: €-7k
2023: €-11k
2024: €-18k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-4k-€-8k▼ 105%€-17k▼ 99.7%€-20k▼ 17.3%
Operating result€-9k-€-4k▲ 55.9%€-8k▼ 106%€-3k▲ 65.8%
Net result€-9k-€-4k▲ 52.6%€-8k▼ 94.6%€-3k▲ 65.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€984▼ 39.4%
Current assets
€5k▲ 12.8%
Key figures and ratios
EBITDA
€-2k▲
2024 · €-8k
Cash flow
€-2k▲
2024 · €-8k
Solvency
-352.8%▼
2024 · -294.5%
Current ratio
0.18▲
2024 · 0.18
Quick ratio
0.18▲
2024 · 0.18
Debt / equity
-1.28▲
2024 · -1.34
ROA
-52.1%▲
2024 · -147.0%
Interest coverage
-26.90▲
2024 · -71.95
Debt
€25k▲
2024 · €23k
Debt ≤ 1 year
€25k▲
2024 · €23k
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€6k€6k▼
Fixed assets21/28€2k€984▼
Intangible fixed assets21€2k€984▼
Current assets29/58€4k€5k▲
Amounts receivable within one year40/41€4k€4k=
Trade receivables40€0-
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€14€537▲
Equity and liabilities
Total equity and liabilities10/49€6k€6k▼
Equity10/15€-17k€-20k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-22k€-25k▼
Amounts payable17/49€23k€25k▲
Amounts payable within one year42/48€23k€25k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Other amounts payable47/48€18k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640€640=
Other operating charges640/8€366€907▲
Gross operating margin9900€-7k€-1k▲
Operating profit (loss)9901€-8k€-3k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€107€82▼
Recurring financial charges65€107€82▼
Profit (loss) for the period before taxes9903€-8k€-3k▲
Profit (loss) for the period9904€-8k€-3k▲
Profit (loss) for the period to be appropriated9905€-8k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-25k▼
Profit (loss) brought forward from the previous period14P€-13k€-22k▼
The notes to these accounts (4 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
NBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
05-05-2025
Resigned as Director
Location & real-estate footprint
Registered office, Aartselaar
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.
Wouwersveld 262630 AartselaarGround area
860 m²
Building footprint
153 m²
Volume, LiDAR
602 m³
Parcel 11001B0092/00H000, Flanders · tallest building 12.6 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0092/00H000 | Flanders | 860 m² | 1 · 153 m² | 12.6 m · 1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.