RAC IMMO
ActiveRAC IMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €692k and a net result of €2k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 68% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability2▲+2
Solvency63▼-1
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.03 in 2023), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 21-06-2025, 40 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
40 d early
2023
42 d early
2022
31 d early
2021
23 d early
2020
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€692k▲ 0.3%
2023 · €690k
2020: €740k
2021: €724k
2022: €689k
2023: €690k
2020 → 2024
Total assets
€1.32M▲ 5.9%
2023 · €1.25M
2020: €758k
2021: €991k
2022: €1.27M
2023: €1.25M
2020 → 2024
Net result
€2k▲ 1,036%
2023 · €191
2020: €264
2021: €-17k
2022: €-34k
2023: €191
2020 → 2024
Working capital
€-462k▼ 19.2%
2023 · €-387k
2020: €-1k
2021: €-252k
2022: €-392k
2023: €-387k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€740k-€724k▼ 2.3%€689k▼ 4.7%€690k=€692k▲ 0.3%
Operating result€419-€-16k€-28k▼ 74.5%€8k€10k▲ 25.3%
Net result€264-€-17k€-34k▼ 105%€191€2k▲ 1,036%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 25% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.32M
Fixed assets
€1.29M▲ 4.7%
Current assets
€29k▲ 113%
Equity and liabilities €1.32M
Equity
€692k▲ 0.3%
Debt
€628k▲ 12.7%
The debt ratio rises from 44.7% to 47.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€42k▲
2023 · €39k
Cash flow
€34k▲
2023 · €31k
Solvency
52.4%▼
2023 · 55.3%
Current ratio
0.06▲
2023 · 0.03
Quick ratio
0.06▲
2023 · 0.03
Debt / equity
0.91▲
2023 · 0.81
ROE
0.3%▲
2023 · 0.0%
ROA
0.2%▲
2023 · 0.0%
Interest coverage
5.42▲
2023 · 5.08
Debt
€628k▲
2023 · €557k
Debt ≤ 1 year
€491k▲
2023 · €401k
Debt > 1 year
€137k▼
2023 · €156k
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€1.25M€1.32M▲
Fixed assets21/28€1.23M€1.29M▲
Tangible fixed assets22/27€1.23M€1.29M▲
Land and buildings22€1.23M€1.29M▲
Financial fixed assets28-€250
Current assets29/58€14k€29k▲
Amounts receivable within one year40/41-€12k
Trade receivables40-€12k
Cash at bank and in hand54/58€11k€14k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.32M▲
Equity10/15€690k€692k▲
Contributions10/11€740k€740k=
Reserves13€264€264=
Distributable reserves133€264€264=
Profit (loss) carried forward14€-51k€-49k▲
Amounts payable17/49€557k€628k▲
Amounts payable after more than one year17€156k€137k▼
Financial debts170/4€156k€137k▼
Amounts payable within one year42/48€401k€491k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€4k€45k▲
Suppliers440/4€4k€45k▲
Other amounts payable47/48€379k€427k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€45k€48k▲
Operating profit (loss)9901€8k€10k▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€191€2k▲
Profit (loss) for the period9904€191€2k▲
Profit (loss) for the period to be appropriated9905€191€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-49k▲
Profit (loss) brought forward from the previous period14P€-51k€-51k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2020net €2k ▲1036%
Operating result €10k, net result €2k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €191
Net result €191 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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, Kalmthout · 1 establishment unit since 2019
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.
Essensteenweg (Nm) 982920 KalmthoutGround area
6,439 m²
Building footprint
818 m²
Volume, LiDAR
4,949 m³
Parcel 11662C0203/00H000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RAC IMMO
since 20192.296.843.994
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662C0203/00H000 | Flanders | 6,439 m² | 1 · 818 m² | 7.5 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
REAL
BE 0458.229.681
Lievegem · Eq €692k
CR IMMO
BE 0882.636.751
Gembloux · Eq €692k
DE MOERDIJK
BE 0883.755.221
Gistel · Eq €691k
Quercus Management & Services
BE 0414.586.611
Oostkamp · Eq €691k
PARALLELE
BE 0414.885.331
Grimbergen · Eq €691k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,966 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2019
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.