RACHAM SERVICES
ActiveRACHAM SERVICES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €815k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 52% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+1
Solvency85▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.43 in 2023; short-term debt: 30.4% and cash: 0.1% of total assets), and 40% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
60%
Return on assets
-0.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
22 d late
2022
31 d early
2021
31 d late
2020
11 d late
2019
49 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€815k▼ 0.3%
2023 · €817k
2018: €796k
2019: €835k
2020: €825k
2021: €824k
2022: €822k
2023: €817k
2018 → 2024
Total assets
€1.36M▲ 0.8%
2023 · €1.35M
2018: €1.30M
2019: €1.39M
2020: €1.36M
2021: €1.35M
2022: €1.35M
2023: €1.35M
2018 → 2024
Net result
€-2k▲ 50.5%
2023 · €-5k
2018: €38k
2019: €40k
2020: €-10k
2021: €-1k
2022: €-3k
2023: €-5k
2018 → 2024
Working capital
€-232k▼ 1.4%
2023 · €-229k
2018: €-254k
2019: €-220k
2020: €-220k
2021: €-221k
2022: €-221k
2023: €-229k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€825k-€824k▼ 0.1%€822k▼ 0.3%€817k▼ 0.5%€815k▼ 0.3%
Operating result€-12k-€-2k▲ 82.5%€-7k▼ 215%€-6k▲ 5.0%€-7k▼ 5.0%
Net result€-10k-€-1k▲ 88.6%€-3k▼ 134%€-5k▼ 69.0%€-2k▲ 50.5%
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 €7k in 2024 against €6k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€1.18M=
Current assets
€181k▲ 6.6%
Equity and liabilities €1.36M
Equity
€815k▼ 0.3%
Debt
€544k▲ 2.6%
The debt ratio rises from 39.3% to 40.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2023 · €-2k
Cash flow
€-92▲
2023 · €-180
Solvency
60.0%▼
2023 · 60.7%
Current ratio
0.44▲
2023 · 0.43
Quick ratio
0.44▲
2023 · 0.43
Debt / equity
0.67▲
2023 · 0.65
ROE
-0.3%▲
2023 · -0.6%
ROA
-0.2%▲
2023 · -0.3%
Interest coverage
-0.73▼
2023 · -0.28
Debt
€544k▲
2023 · €530k
Debt ≤ 1 year
€413k▲
2023 · €398k
Debt > 1 year
€126k▼
2023 · €130k
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€1.35M€1.36M▲
Fixed assets21/28€1.18M€1.18M=
Tangible fixed assets22/27€133k€131k▼
Land and buildings22€4k€2k▼
Other tangible fixed assets26€129k€129k=
Financial fixed assets28€1.04M€1.05M▲
Current assets29/58€169k€181k▲
Amounts receivable within one year40/41€169k€180k▲
Trade receivables40€2k€2k▼
Other amounts receivable41€167k€178k▲
Cash at bank and in hand54/58€439€950▲
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.36M▲
Equity10/15€817k€815k▼
Contributions10/11€100k€100k=
Reserves13€716k€716k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Distributable reserves133€706k€706k=
Profit (loss) carried forward14€2k€-679▼
Amounts payable17/49€530k€544k▲
Amounts payable after more than one year17€130k€126k▼
Financial debts170/4€130k€126k▼
Amounts payable within one year42/48€398k€413k▲
Trade debts44€97€979▲
Suppliers440/4€97€979▲
Other amounts payable47/48€398k€412k▲
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-671€-3k▼
Operating profit (loss)9901€-6k€-7k▼
Financial income75/76B€9k€10k▲
Recurring financial income75€9k€10k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-5k€-2k▲
Profit (loss) for the period9904€-5k€-2k▲
Profit (loss) for the period to be appropriated9905€-5k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€687k€-679▼
Profit (loss) brought forward from the previous period14P€691k€2k▼
Transfer to equity691/2€685k-
To other reserves6921€685k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet €-10k ▼125%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Highest result since 2018net €40k ▲5.5%
Operating result €60k, net result €40k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Willebroek · 1 establishment unit since 2005
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.
Brownfieldlaan 12830 WillebroekGround area
1,397 m²
Building footprint
1,034 m²
Volume, LiDAR
7,053 m³
Parcel 12040A0530/00Y004, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brownfieldlaan 1, 2830 Willebroek
since 20052.156.272.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0530/00Y004 | Flanders | 1,397 m² | 1 · 1,034 m² | 7.6 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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 30,029 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:02/479.89.03
Fax:02/479.89.45