RACHIERU CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RACHIERU CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €7,978 and a net result of €5,242. Its solvency ranks better than 56% of 2,790 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 3.3 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,263 | - |
| Other operating charges640/8 | €387 | €1,234 | ▲ 218% |
| Gross operating margin9900 | €2,590 | €9,764 | ▲ 277% |
| Operating profit (loss)9901 | €2,203 | €7,268 | ▲ 230% |
| Financial charges65/66B | €32 | €432 | ▲ 13× |
| Recurring financial charges65 | €32 | €432 | ▲ 13× |
| Profit (loss) for the period before taxes9903 | €2,171 | €6,836 | ▲ 215% |
| Income taxes67/77 | €435 | €1,594 | ▲ 267% |
| Profit (loss) for the period9904 | €1,736 | €5,242 | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | €1,736 | €5,242 | ▲ 202% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €3,844 | €17,971 | ▲ 367% |
| Fixed assets21/28 | - | €2,829 | - |
| Tangible fixed assets22/27 | - | €2,829 | - |
| Furniture and vehicles24 | - | €2,829 | - |
| Current assets29/58 | €3,844 | €15,142 | ▲ 294% |
| Amounts receivable within one year40/41 | €3,521 | €212 | ▼ 94.0% |
| Trade receivables40 | €2,484 | - | - |
| Other amounts receivable41 | €1,037 | €212 | ▼ 79.5% |
| Cash at bank and in hand54/58 | €13 | €14,619 | ▲ 1,169× |
| Deferred charges and accrued income490/1 | €311 | €311 | = |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €3,844 | €17,971 | ▲ 367% |
| Equity10/15 | €2,736 | €7,978 | ▲ 192% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Contributions outside capital11 | €1,000 | €1,000 | = |
| Other1109/19 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €1,736 | €6,978 | ▲ 302% |
| Amounts payable17/49 | €1,108 | €9,993 | ▲ 802% |
| Amounts payable within one year42/48 | €1,108 | €9,993 | ▲ 802% |
| Trade debts44 | €461 | €1,586 | ▲ 244% |
| Suppliers440/4 | €461 | €1,586 | ▲ 244% |
| Taxes, remuneration and social security45 | €435 | €6,262 | ▲ 14× |
| Taxes450/3 | €435 | €3,007 | ▲ 592% |
| Remuneration and social security454/9 | - | €3,255 | - |
| Other amounts payable47/48 | €212 | €2,145 | ▲ 912% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,736 | €5,242 | ▲ 202% |
| + Depreciation and write-downs630 | - | €1,263 | - |
| Operating cash flow (approximation) | €1,736 | €6,505 | ▲ 275% |
| Change in cash | - | €14,606 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-06-2026 | 2026-00158129 |
| 31-12-2024 | abbreviated format | 09-06-2025 | 2025-00125735 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.