RAC Projects
The computed 12-month bankruptcy probability of RAC Projects is 0.6% (low). The 2025 annual accounts show equity of €146k and a net result of €301. Equity is growing by ~36.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 512 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €146k |
| Net result | €301 |
| Better than sector | 46% |
| Active | 7 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 12.9% | 15.4% | |
| Net result | €301 | €6k | |
| Equity | €146k | €137k | |
| Gross operating margin | €48k | €77k | |
| Total assets | €1.13M | €1.27M |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €47k |
| Net profit | €301 |
| Cash flow | €11k |
| Staff costs | - |
| Income taxes | €373 |
| Dividends | - |
| Total assets | €1.13M |
| Equity | €146k |
| Debt | €982k |
| of which ≤ 1y | €739k |
| of which > 1y | €231k |
| Working capital | €180k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.24 |
| Quick ratio | 0.03 |
| Working capital ratio | 16.0% |
| Solvency | 12.9% |
| Debt / equity | 6.74 |
| Long-term debt ratio | 1.58 |
| Interest coverage | 1.25 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | 0.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.13M |
| Fixed assets | 21/28 | €208k |
| Tangible fixed assets | 22/27 | €208k |
| Current assets | 29/58 | €919k |
| Stocks & contracts in progress | 3 | €899k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €13k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.13M |
| Equity | 10/15 | €146k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €140k |
| Amounts payable | 17/49 | €982k |
| Amounts payable after one year | 17 | €231k |
| Amounts payable within one year | 42/48 | €739k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €48k |
| Operating result | 9901 | €36k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €37k |
| Result before taxes | 9903 | €673 |
| Income taxes | 67/77 | €373 |
| Net result for the period | 9904 | €301 |
| Result to be appropriated | 9905 | €301 |
| NACE primary | Real estate activities(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 07-03-2019 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F3634/00G002 | Flanders | 486 m² | 1 · 288 m² | 15.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-01-2023 Meersman Rob resigns as director
- Meersman Rob, Bestuurder
Technical details
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"events": [
{
"kind": "director_out",
"role": "bestuurder",
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"rrn": null,
"name": "Meersman Rob",
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"profession": null,
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},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-10-01",
"evidence_quote": "Op de buitengewone algemene vergadering van 05/10/2022 werd beslist om per 01/10/2022 volgende bestuurder te ontslaan: - De Heer Meersman Rob",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
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"effective_date_qualifier": null
}
],
"notary": {
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"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-01-05",
"filing_date": "2022-12-22",
"act_kind_objet": "ONTSLAG BESTUURDER"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-10-05",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0721.970.307",
"name_full": "RAC PROJECTS",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Proost Christine",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | RAC Projects |