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RACAN

Active Risk: low
Public limited companyfounded 199333 yrs activeKruiskenstraat(STL) 2, 9980 Sint-Laureins, BelgiumKBO/BCE: BE 0450.174.030
Summary

RACAN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42,034. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency93=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
68.4%
Age of the figures
21 mo
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 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
45 d early
2023
31 d late
2019
15 d late
2018
28 d early
2017
14 d early
2016
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 9 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 May 1993, RACAN was incorporated.1 Total assets went from EUR 61,488 in 2018 to EUR 61,488 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€42,034=
2023 · €42,034
Total assets
€61,488=
2023 · €61,488
Net result
-€200▲ 80.1%
2018 · -€1,003
Working capital
-€19,427=
2023 · -€19,427
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920232024
Operating result-€1,003--€200▲ 80.1%
Net result-€1,003--€200▲ 80.1%
Equity€42,234-€42,034▼ 0.5%€42,034-€42,034=
Total assets€61,488-€61,488=€61,488-€61,488=
Debt€19,254-€19,454▲ 1.0%€19,454-€19,454=
Working capital-€19,227--€19,427▼ 1.0%-€19,427--€19,427=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2018: -€1,003-€1,003Net result 2018: -€1,003-€1,003Operating result 2019: -€200-€200Net result 2019: -€200-€2002018201920232024-€200-€150-€100-€50€0Operating result 2019: -€200-€200Net result 2019: -€200-€200201920232024
The operating result stays negative: a loss of €200 in 2019 against €1,003 in 2018; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61,488
Fixed assets €61,461 =
Current assets €27 =
Equity and liabilities €61,488
Equity €42,034 =
Debt €19,454 =
Debt's share of the balance-sheet total stays at 31.6%.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.00=
2023 · 0.00
Debt to equity
0.46=
2023 · 0.46
Debt ≤ 1 year
€19,454=
2023 · €19,454
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 17 lines
Balance sheet Code20232024
Assets
Total assets20/58€61,488€61,488=
Fixed assets21/28€61,461€61,461=
Tangible fixed assets22/27€61,461€61,461=
Land and buildings22€61,461€61,461=
Current assets29/58€27€27=
Cash at bank and in hand54/58€27€27=
Equity and liabilities
Total equity and liabilities10/49€61,488€61,488=
Equity10/15€42,034€42,034=
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14-€19,966-€19,966=
Amounts payable17/49€19,454€19,454=
Amounts payable within one year42/48€19,454€19,454=
Other amounts payable47/48€19,454€19,454=
Income statement Code20232024
Appropriation of the result
Profit (loss) to be appropriated9906-€19,966-€19,966=
Profit (loss) brought forward from the previous period14P-€19,966-€19,966=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920232024Change
Gross operating margin9900-€507-€200---
Operating profit (loss)9901-€1,003-€200---
Profit (loss) for the period before taxes9903-€1,003-€200---
Profit (loss) for the period9904-€1,003-€200---
Profit (loss) for the period to be appropriated9905-€1,003-€200---
Line2018201920232024Change
Assets
Total assets20/58€61,488€61,488€61,488€61,488=
Fixed assets21/28€61,461€61,461€61,461€61,461=
Tangible fixed assets22/27€61,461€61,461€61,461€61,461=
Land and buildings22--€61,461€61,461=
Current assets29/58€27€27€27€27=
Cash at bank and in hand54/58€27€27€27€27=
Equity and liabilities
Total equity and liabilities10/49€61,488€61,488€61,488€61,488=
Equity10/15€42,234€42,034€42,034€42,034=
Contributions10/11€62,000€62,000€62,000€62,000=
Capital10--€62,000€62,000=
Issued capital100--€62,000€62,000=
Profit (loss) carried forward14-€19,766-€19,966-€19,966-€19,966=
Amounts payable17/49€19,254€19,454€19,454€19,454=
Amounts payable within one year42/48€19,254€19,454€19,454€19,454=
Trade debts44-€200---
Other amounts payable47/48--€19,454€19,454=
Line2018201920232024Change
Profit (loss) for the period9904-€1,003-€200---
Operating cash flow (approximation)-€1,003-€200---
Investment in fixed assets (approximation)-€0-€0-
Change in cash-€0-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2020
15-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
16-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 229 days late
16-03
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 594 days late
2013
17-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Sint-Laureins
exact location from the address register On OpenStreetMap
Ground area
266 m²
Building footprint
140 m²
Volume, LiDAR
799 m³
Parcel 43014B1011/02_000, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43014B1011/02_000 Flanders 266 m² 1 · 140 m² 14.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded17-05-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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