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RACINES

Active Risk: low
Cooperative companyfounded 20251 yr activeRue Comhaire 63, 4000 Liège, BelgiumKBO/BCE: BE 1019.369.634
Summary

RACINES has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,300. The computed 12-month bankruptcy probability is 0.6% (low).

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RACINESActive
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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
Profitability-
Solvency25
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
0.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 1 filing
Deviation from the deadline
2025
3 d late
← before the deadline after the deadline →
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 29 January 2025, RACINES was incorporated as a Cooperative company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1,300
Total assets
€706,300
Net result
Not included in this filing
Working capital
Not included in this filing

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €706,300
Equity €1,300
Debt €705,000
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
2025 value
Debt > 1 year
€705,000
A ratio outside any meaningful range has been withheld (balance sheet total €706,300, equity €1,300).
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 14 lines
Balance sheet Code2025
Assets
Total assets20/58€706,300
Current assets29/58€706,300
Amounts receivable after more than one year29€244,400
Other amounts receivable291€244,400
Cash at bank and in hand54/58€461,900
Equity and liabilities
Total equity and liabilities10/49€706,300
Equity10/15€1,300
Contributions10/11€1,300
Capital10€1,300
Issued capital100€1,300
Amounts payable17/49€705,000
Amounts payable after more than one year17€705,000
Financial debts170/4€355,000
Other amounts payable178/9€350,000

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

Not filed in this scheme.

Line2025
Assets
Total assets20/58€706,300
Current assets29/58€706,300
Amounts receivable after more than one year29€244,400
Other amounts receivable291€244,400
Cash at bank and in hand54/58€461,900
Equity and liabilities
Total equity and liabilities10/49€706,300
Equity10/15€1,300
Contributions10/11€1,300
Capital10€1,300
Issued capital100€1,300
Amounts payable17/49€705,000
Amounts payable after more than one year17€705,000
Financial debts170/4€355,000
Other amounts payable178/9€350,000

Not filed in this scheme.

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

2026
03-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Liège
exact location from the address register On OpenStreetMap
Ground area
144 m²
Building footprint
52 m²
Volume, LiDAR
571 m³
Parcel 62803D0204/00S005, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62803D0204/00S005 Wallonia 144 m² 1 · 52 m² 12.2 m · 4 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 formCooperative company
Founded29-01-2025
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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