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RACK SERVICE

Active
Private limited companyfounded 2020active for 5 yearsRue des Saules 37, 4682 Oupeye, BelgiumKBO/BCE: BE 0758.681.045
Summary

RACK SERVICE has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,082 and a net result of -€21,390. Equity is growing by about 39% per year across the filed financial years. Its solvency ranks better than 49% of 118 sector peers (NACE 29, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29201General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311
1 site
Size
€142,526total assets 2025
Equity
€59,082
Loss
-€21,390
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
2025 accounts filed 61 days late1 deed in the Belgian Official Gazette
Why 67raises riskLast filed accounts filed 61 days late; 2 of the last 3 lateLoss of €21,390 (financial year 2025)lowers riskSector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)Liquidity: current ratio 2.12, cash €29,261Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 29, micro)
Financial strength · tick = 2024
Weak
Solvency 66-10
equity 41.5% of total assets
Liquidity 55-20
short-term debt 43.0% · cash 20.5%
Profitability 0-91
return on assets -15.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (228 companies, NACE 29, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.3%▲ +0.3 percentage points vs 11-2024 01-2025: 0.8%▼ -0.5 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.4%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.2 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.12, compared with 3.42 in 2024, above the usual 1.5; short-term debt: 43% and cash: 20.5% of total assets), but 58.5% of the assets are financed with debt and provisions.
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 29, micro): better than 48% on solvency, 57% on liquidity, 7% on profitability and 15% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Sector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)
KBO
raises risk · Last filed accounts filed 61 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 2.12, cash €29,261
NBB · annual accounts
raises risk · Loss of €21,390 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
61 days late
2024
26 days late
2023
141 days late
2022
31 days late
2021
3 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 51 days after the deadline; the sector median (NACE 29) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€21,390
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 10% on net resultsector median €4,595 · 118 companies -€21,390 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Total assets 20255 financial years filed €142,526 View

By topic

Financials

Financial year
2025
Total assets
€142,526
Loss
-€21,390
Solvency
41.5%
Total assets▼ 9.9%
Net result
20212025
Go to Financials

Timeline

Events
8
Since
2022
Next accounts
by 31-07-2027
  1. 19-12-2024Annual accounts filed
  2. 31-08-2023Annual accounts filed
  3. 31-12-2022Highest result from 2021 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of motor vehicles, trailers and semi-trailersNACE 29201
Founded
23-11-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about RACK SERVICE

What is the company number of RACK SERVICE?
0758.681.045. In Belgium the VAT number is the company number with BE in front: BE 0758.681.045.
Where is RACK SERVICE based?
The registered office is at Rue des Saules 37, 4682 Oupeye.Company details
What does RACK SERVICE do?
According to the KBO register, the main activity is manufacture of motor vehicles, trailers and semi-trailers (NACE 29201).
What is the legal form of RACK SERVICE?
Private limited company (BV).
When was RACK SERVICE founded?
On 23-11-2020.
Is RACK SERVICE still active?
Yes, RACK SERVICE is an active enterprise in the KBO register.
What is the turnover of RACK SERVICE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RACK SERVICE profitable?
In financial year 2025, RACK SERVICE made a loss of €21,390.
Where can I find the annual accounts of RACK SERVICE?
RACK SERVICE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RACK SERVICE due?
By 31-07-2027, for financial year 2026.Timeline

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