RAE ANTWERP
ActiveRAE ANTWERP has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+16
Solvency34▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 1.15 in 2023; short-term debt: 91% of total assets), and 91% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
96 d late
2022
32 d late
2021
30 d early
2020
25 d late
2018
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€64k▲ 10.0%
2023 · €58k
2018: €2k
2020: €1k
2021: €1k
2022: €75k
2023: €58k
2018 → 2024
Total assets
€707k▲ 60.9%
2023 · €439k
2018: €2k
2020: €1k
2021: €1k
2022: €218k
2023: €439k
2018 → 2024
Net result
€6k
2023 · €-17k
2020: €-593
2022: €74k
2023: €-17k
2020 → 2024
Working capital
€62k▲ 10.3%
2023 · €56k
2018: €2k
2022: €81k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€1k=€75k▲ 6,661%€58k▼ 22.7%€64k▲ 10.0%
Operating result€-730-€77k€-8k€13k
Net result€-593-€74k€-17k€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €706k
Fixed assets
€1k▼ 40.7%
Current assets
€705k▲ 61.2%
Equity and liabilities €707k
Equity
€64k▲ 10.0%
Debt
€643k▲ 68.7%
The debt ratio rises from 86.8% to 91.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2023 · €-8k
Cash flow
€7k▲
2023 · €-17k
Solvency
9.0%▼
2023 · 13.2%
Current ratio
1.10▼
2023 · 1.15
Quick ratio
0.09▲
2023 · 0.06
Debt / equity
10.07▲
2023 · 6.56
ROE
9.1%▲
2023 · -29.4%
ROA
0.8%▲
2023 · -3.9%
Interest coverage
1.27▲
2023 · -0.82
Debt
€643k▲
2023 · €381k
Debt ≤ 1 year
€643k▲
2023 · €381k
Staff costs
€8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€439k€707k▲
Formation expenses20-€943
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€437k€705k▲
Stocks and contracts in progress3€414k€644k▲
Stocks30/36€414k€644k▲
Amounts receivable within one year40/41€651€61k▲
Trade receivables40€651€61k▲
Cash at bank and in hand54/58€22k-
Equity and liabilities
Total equity and liabilities10/49€439k€707k▲
Equity10/15€58k€64k▲
Contributions10/11€30k€30k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€25k€31k▲
Amounts payable17/49€381k€643k▲
Amounts payable within one year42/48€381k€643k▲
Current portion of amounts payable after more than one year42€25k€50k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€269k€452k▲
Suppliers440/4€269k€452k▲
Taxes, remuneration and social security45€7k€50k▲
Taxes450/3€7k€49k▲
Remuneration and social security454/9-€271
Other amounts payable47/48€81k€90k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€333€1k▲
Other operating charges640/8€493€1k▲
Gross operating margin9900€-8k€24k▲
Operating profit (loss)9901€-8k€13k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€-17k€6k▲
Profit (loss) for the period9904€-17k€6k▲
Profit (loss) for the period to be appropriated9905€-17k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€31k▲
Profit (loss) brought forward from the previous period14P€42k€25k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼123%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2020net €74k
Operating result €77k, net result €74k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 570 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 202 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Robert Molsstraat 502018 AntwerpenGround area
3,450 m²
Building footprint
443 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
MERCKX IRELAND
since 19932.064.785.154
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1834/00E000 | Flanders | 3,226 m² | 1 · 310 m² | - |
| 11810K1797/00Y006 | Flanders | 224 m² | 1 · 133 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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HAI
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MEZI
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TNSN
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Of 2,211 companies in sector 47711 we hold annual accounts for 889. 698 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-1993
Fiscal year end31-12
Activities, NACEBEL
46423Wholesale of clothing, excluding workwear and underwear
47711Retail sale of women's outerwear
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.