RACINQ
The computed 12-month bankruptcy probability of RACINQ is 1.4% (low). The 2024 annual accounts show negative equity (€-901) and a net result of €-1k. Equity is shrinking by ~161.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 786 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-901 |
| Net result | €-1k |
| Better than sector | 20% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -10.3% | 20.2% | |
| Net result | €-1k | €2k | |
| Equity | €-901 | €18k | |
| Gross operating margin | €-802 | €24k | |
| Total assets | €9k | €110k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-866 |
| Net profit | €-1k |
| Cash flow | €-920 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €9k |
| Equity | €-901 |
| Debt | €10k |
| of which ≤ 1y | €10k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.77 |
| Quick ratio | 0.77 |
| Working capital ratio | -25.9% |
| Solvency | -10.3% |
| Debt / equity | -10.69 |
| Long-term debt ratio | - |
| Interest coverage | -16.03 |
| Gross margin | - |
| Net margin | - |
| ROA | -12.2% |
| ROE | 118.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €7k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €22 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9k |
| Equity | 10/15 | €-901 |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-5k |
| Amounts payable | 17/49 | €10k |
| Amounts payable within one year | 42/48 | €10k |
| Trade debts payable within one year | 44 | €50 |
| Income statement | ||
| Gross operating margin | 9900 | €-802 |
| Operating result | 9901 | €-1k |
| Financial charges | 65 | €54 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
| NACE primary | 93192 |
| Legal form | Private limited company(610) |
| Incorporation | 12-08-2021 |
| Status | Active |
| Postal code | 4970 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63073E0290/00D002 | Wallonia | 1,640 m² | 1 · 196 m² | 7.8 m · 2 fl. |
| 63073B1983/00A000 | Wallonia | 41 m² | 1 · 40 m² | 6.0 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-02-2026 Registered office moved to STAVELOT
- Francheville 8 → Ruelle Delbrouck 2, 4970 STAVELOT
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "STAVELOT",
"region": null,
"street": "Ruelle Delbrouck",
"country": "BE",
"postcode": "4970",
"box_number": null,
"street_number": "2"
},
"old_address": {
"city": null,
"region": null,
"street": "Francheville",
"country": "BE",
"postcode": null,
"box_number": "E",
"street_number": "8"
},
"effective_date": "2025-08-01",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale a d\u00E9cid\u00E9 \u00E0 l\u0027unanimit\u00E9 de transf\u00E9rer le si\u00E8ge social \u00E0 l\u0027adresse suivante : Ruelle Delbrouck 2 \u00E0 4970 STAVELOT Date d\u0027effet: 1tr aout 2025"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0772.505.525",
"name_full": "RACINQ",
"legal_form": "SRL"
}
}16-08-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4970 Stavelot, Francheville 8 bte E",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1997-03-24",
"name": "Quentin SCHMITZ",
"niss": null,
"address": "Stavelot, Francheville 8e"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "Quentin SCHMITZ",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1995-07-11",
"name": "Nicola PEIFFER",
"niss": null,
"address": "Saint Vith, Huntheimer Stra\u00DFe, Rodt, 92"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "Nicola PEIFFER",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 4000,
"subject_company": {
"kbo": "0772.505.525",
"name_full": "RACINQ",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-08-10",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | RACINQ |