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Racine3 Immo

Active
Private limited companyfounded 20205 years activeEugène Toussaintstraat 54, 1090 Jette, BelgiumKBO/BCE: BE 0757.902.174
Summary

Racine3 Immo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€9,496) and a net result of €48,976. Equity is shrinking by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 11,011 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€1.4mtotal assets 2025
Equity
-€9,496
Profit
€48,976
Financial health
56 Fair Checked score 2025
Bankruptcy probability, 12 months
0.6%
Structure
Parent
INDUSTRIAL REAL ESTATE AND SERVICES WM · 100%
Accounts filed 25 days late0 of 2 deeds read
Why 56Capped at 59: negative equity- Liquidity: current ratio 0.02, cash €3,597- Negative equity -€9,496+ Size: total assets €1.4m+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 24+3
equity -0.7% of total assets
Liquidity 39-1
short-term debt 28.7% · cash 0.3%
Profitability 73+52
return on assets 3.4%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.2 percentage points vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -0.7 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▼ -0.2 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2024; short-term debt: 28.7% and cash: 0.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 19% on solvency, 31% on liquidity, 66% on profitability and 90% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.02, cash €3,597
NBB · annual accounts
lowers risk · Size: total assets €1.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
raises risk · Negative equity -€9,496
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 11011 sector peers (2025).
NBB · sector comparison
Position among 11011 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 5 filings
Deviation from the deadline
2025
25 days late
2024
on the day
2023
26 days late
2022
129 days early
2021
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €48,976
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€9,496 View
  • Positive: Back in profit in 2025after -€16,191 in 2024 €48,976 View
  • Caution: Among the weakest 15% on equitysector median €308,497 · 11,015 companies -€9,496 View
  • Controlled by INDUSTRIAL REAL ESTATE AND… 100% View

By topic

Financials

Fiscal year
2025
Total assets
€1.4m
Profit
€48,976
Solvency
-0.7%
Total assets▼ 1.8%
Net result
20212025
Go to Financials

Timeline

Events
6
Since
2022
Next accounts
by 31-07-2027
  1. 26-08-2024Annual accounts filed
  2. 24-03-2023Annual accounts filed
  3. 15-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
09-11-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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