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Complete company report
Generated 08-08-2026
Active BE 0645.668.325Private limited company (pre-2019)

RACS MOVING

· 10 yrs active
Sector: Land transport (49420)
Conclusion Checked

The computed 12-month bankruptcy probability of RACS MOVING is 2.7% (moderate). The 2020 annual accounts show equity of €138k and a net result of €71k. Its solvency ranks better than 35% of 126 sector peers (fiscal year 2020). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €138k
Net result €71k
Staff (FTE) 5.1
Better than sector 35%
Snowflake analysis 5 axes · computed by Checked
Health90Profitability61Solvency61Growth61Stability100
75 / 100

Exceptional profile, strong across almost every axis.

Health 90
Profitability 61
Solvency 61
Growth 61
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
2.7% Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2020 · computed
90 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 04-06-2021 with the NBB · fiscal year 2020 · verkort
€0€500k€1.00M€1.50MRevenue 2019: €1.63M€1.63MOperating result 2019: €88k€88kNet result 2019: €71k€71kRevenue 2020: €1.60M€1.60MOperating result 2020: €97k€97kNet result 2020: €71k€71k20192020
RevenueOperating resultNet result
Sector comparison
Fiscal year 2020 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 18.1% 29.2%
better than 35% of 126 sector peers
Net result €41k €18k
better than 68% of 126 sector peers
Equity €138k €160k
better than 45% of 126 sector peers
Gross operating margin €364k €401k
better than 47% of 126 sector peers
Employees (FTE) 5.1 11.5
better than 27% of 96 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€1.60M
-1.8% far above sector median
EBITDA
€119k
+14.2% far above sector median
Net profit
€71k
+0.9% far above sector median
Cash flow
€94k
+7.9% far above sector median
Total assets
€762k
+4.3% far above sector median
Equity
€138k
+41.7% far above sector median
Working capital
€130k
+20.8% far above sector median
Employees (FTE)
5
-17.7% +264% vs sector
Income taxes
€21k
-16.4% far above sector median
Debt
€624k
-1.5% far above sector median
Debt ≤ 1y
€531k
-11.4% far above sector median
Debt > 1y
€83k
+238.1% far above sector median
Current ratio
1.24
+5.5% +29% vs sector
Quick ratio
1.24
+5.5% +29% vs sector
Solvency
18.1%
+35.9% -4% vs sector
Debt / equity
0.60
+138.7% -86% vs sector
ROE
51.7%
-28.8% far above sector median
ROA
9.4%
-3.2% +174% vs sector
Net margin
4.5%
+2.8% -18% vs sector
EBITDA margin
7.5%
+16.3% -33% vs sector
Figures by fiscal year
Fiscal year2020
Revenue€1.60M
EBITDA€119k
Net profit€71k
Cash flow€94k
Staff costs-
Income taxes€21k
Dividends-
Total assets€762k
Equity€138k
Debt€624k
of which ≤ 1y€531k
of which > 1y€83k
Working capital€130k
Employees (FTE)5.1
Ratios (computed)
2020
Current ratio1.24
Quick ratio1.24
Working capital ratio17.0%
Solvency18.1%
Debt / equity0.60
Long-term debt ratio0.60
Interest coverage-
Gross margin-
Net margin4.5%
ROA9.4%
ROE51.7%
EBITDA margin7.5%
Days sales outstanding146d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€762k
Fixed assets 21/28€102k
Tangible fixed assets 22/27€102k
Current assets 29/58€660k
Amounts receivable within one year 40/41€639k
Cash & bank 54/58€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€762k
Equity 10/15€138k
Reserves 13€61k
Accumulated profits (losses) 14€71k
Amounts payable 17/49€624k
Amounts payable after one year 17€83k
Amounts payable within one year 42/48€531k
Trade debts payable within one year 44€401k
Income statement
Turnover 70€1.60M
Gross operating margin 9900€364k
Operating result 9901€97k
Financial income 75€2k
Financial charges 65€37k
Result before taxes 9903€62k
Income taxes 67/77€21k
Net result for the period 9904€41k
Result to be appropriated 9905€41k
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Ratios computed by Checked.
Legal Structure
NACE primary Land transport(49420)
Legal form Private limited company (pre-2019)(015)
Incorporation05-01-2016
StatusActive
Postal code-
Establishment units 1 location
RACS MOVING
Uitvoeren van baggerwerken
since 20162.249.394.069
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11443C0534/00F002 Flanders 4,103 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021
04-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
18-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
28-02-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
22-02-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Verhuisbedrijven49420Verhuisactiviteiten49420Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
Legal nameNL RACS MOVING
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative