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RAAMWINKEL

Active
Public limited companyfounded 201115 years activeRijksweg(BOR) 5A, 2880 Bornem, BelgiumKBO/BCE: BE 0835.747.446
Summary

The computed 12-month bankruptcy probability of RAAMWINKEL is 2.5% (moderate). The 2024 annual accounts show equity of €806,116 and a net result of €497,981. Equity is growing by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 3,561 sector peers (NACE 43, fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Specialised construction activities
NACE 43343Other non-specialised retail sale NACE 47120
#7 employer in Bornem, Construction sector5 sites
Size
€10.5mturnover 2024
Staff
19 FTE
Equity
€806,116
Profit
€497,981
Financial health
53 Fair Checked score 2024
Bankruptcy probability, 12 months
2.5%
Structure
Parent
PORTOFINO GROUP · 100%
Accounts 68 days overdue0 of 10 deeds read
Why 53- Figures for FY 2024 (filed 27-08-2025)- Liquidity: current ratio 1.42, cash €145,270, halved- Size: turnover €10.5m, 19 FTE, total assets €2.9m+ Founded in 2011Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 50% of its sector peers (NACE 43, small)
Financial strength · tick = 2023
Average
Solvency 53+18
equity 28.3% of total assets
Liquidity 30-24
short-term debt 51.4% · cash 5.1%
Profitability 76-1
return on assets 17.5%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,636 companies)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 0.4%▼ -0.5 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.4 percentage points vs 08-2026 10-2026: 2.5%▲ +0.8 percentage points vs 09-2026highest value
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.08 in 2023; short-term debt: 51.4% and cash: 5.1% of total assets), and 71.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 35% on solvency, 24% on liquidity, 61% on profitability and 80% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 27-08-2025)
NBB · annual accounts
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.42, cash €145,270, halved
NBB · annual accounts
raises risk · Size: turnover €10.5m, 19 FTE, total assets €2.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 days late
2023
28 days late
2022
on the day
2021
20 days early
2020
45 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Equity above €500,000Eq €806,116 ▲162%
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Equity rose in 2024from €308,135 to €806,116 ▲ 162% View
  • Positive: 6 years of growth in a rowturnover 2024: €10.5m 6 years View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Among the best 10% on net resultsector median €28,966 · 3,560 companies €497,981 View
  • Controlled by PORTOFINO GROUP 100% View

By topic

Financials

Fiscal year
2024
Turnover
€10.5m
Profit
€497,981
Solvency
28.3%
Turnover▲ 5.5%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 31-12-2023Equity above €200,000
  2. 31-07-2023Annual accounts filed
  3. 31-12-2022Highest result since 2018
Go to Timeline

Company details

Sites
5
Legal form
Public limited company
Activity
Specialised construction activitiesNACE 43343
Founded
26-04-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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