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RAES KONSTRUKTIES

Active
Private limited companyfounded 1984active for 42 yearsSint-Amandsesteenweg(BOR) 306, 2880 Bornem, BelgiumKBO/BCE: BE 0425.724.189
Summary

RAES KONSTRUKTIES has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.5m and a net result of €568,843. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 90% of 77 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-04-1984 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25999and 1 other
Establishment units
2.024.745.732 2880 Bornem, since 16-04-1984
2.348.100.378 2880 Bornem, since 31-03-2023
Financial year end
31 March
Peppol
Reachable since 07-10-2025

Board and ownership

Board
  • Heyndrickx ChristineDirector
  • Raes FransDirector

Financial position

98 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€1.2m
▼ 24.1%
Turnover
≈ €2.1m
estimated
Profit
€568,843
▼ 28.6%
Equity
€3.5m
▲ 19.3%
Total assets
€4.4m
▲ 13.6%
Employees on 31-03-2026
6
=
Score breakdownlowers riskLiquidity: current ratio 5.16, cash €3.5mEquity €3.5m (79.9% of total assets)Size: 5.9 FTE, total assets €4.4mFounded in 1984Show the evidence

Checked score

Score 2026
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 81% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 79.9% of total assets
Liquidity 94+2
short-term debt 19.2% · cash 79.9%
Profitability 85-9
return on assets 12.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (3,708 companies, NACE 25, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €340,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.16 (4.32 in 2025), above the usual 1.5. Short-term debt is 19.2% and cash 79.9% of total assets. 20.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 25, micro). It does better than 90% of them on solvency, 91% on liquidity, 72% on profitability and 70% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.16, cash €3.5m
NBB · annual accounts
lowers risk · Equity €3.5m (79.9% of total assets)
NBB · annual accounts
lowers risk · Size: 5.9 FTE, total assets €4.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 12-10-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
19 days early
2025
1 day early
2024
on the day
2023
1 day early
2022
31 days early
2021
32 days early
2020
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in fabricated metal productssector median €402,939 · 77 companies €3.5m View
  • Positive: 8 profitable years in a rowprofit 2026: €568,843 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View
  • Caution: Result fell in 2026from €796,883 to €568,843 ▼ 28.6% View

Comparable companies

These companies have the same main activity as RAES KONSTRUKTIES: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €2m and €8m, founded between 1983 and 1992.

CompanyTotal assetsGross margin
RAES KONSTRUKTIES Bornem€4.4m€1.2m
GENERAL EQUIPMENTS Sint-Katelijne-Waver€3.8m€1.1m
MULTI SERVICE DECOUPE Charleroi€3.7m€1.8m
CAROLUS VAN DIJCK Malle€2.7m€0.6m
MULTIDOP KUNSTSTOFARTIKELEN Meerhout€2.0m€0.8m
VAMAC Diepenbeek€2.7m€0.7m
ALU-LERMYTTE Poperinge€8.0m€1.5m
Full comparison

Key facts about RAES KONSTRUKTIES

What is the company number of RAES KONSTRUKTIES?
The company number of RAES KONSTRUKTIES is 0425.724.189. The VAT number is the same number with BE in front: BE 0425.724.189.
Where is RAES KONSTRUKTIES based?
The registered office is at Sint-Amandsesteenweg(BOR) 306, 2880 Bornem.Company details
What does RAES KONSTRUKTIES do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of RAES KONSTRUKTIES?
The legal form of RAES KONSTRUKTIES is Private limited company (BV).
When was RAES KONSTRUKTIES founded?
RAES KONSTRUKTIES was founded on 16-04-1984.
Is RAES KONSTRUKTIES still active?
Yes, RAES KONSTRUKTIES is an active enterprise in the KBO register.
How many employees does RAES KONSTRUKTIES have?
RAES KONSTRUKTIES had an average of 5.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of RAES KONSTRUKTIES?
The turnover in financial year 2026 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,584 comparable companies of the same size. It probably lies between €1.4m and €3.5m. It is a rough estimate.
Is RAES KONSTRUKTIES profitable?
In financial year 2026, RAES KONSTRUKTIES made a profit of €568,843.
Where can I find the annual accounts of RAES KONSTRUKTIES?
RAES KONSTRUKTIES filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of RAES KONSTRUKTIES due?
RAES KONSTRUKTIES must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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