RAES MOTOREN
The computed 12-month bankruptcy probability of RAES MOTOREN is 0.6% (low). The 2024 annual accounts show negative equity (€-43k) and a net result of €-44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 1398 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-43k |
| Net result | €-44k |
| Staff (FTE) | 29.3 |
| Better than sector | 7% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | -4.0% | 43.5% | |
| Net result | €-44k | €42k | |
| Equity | €-43k | €163k | |
| Gross operating margin | €1.97M | €72k | |
| Staff costs | €1.91M | €107k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-7k |
| Net profit | €-44k |
| Cash flow | €-35k |
| Staff costs | €1.91M |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €1.09M |
| Equity | €-43k |
| Debt | €1.13M |
| of which ≤ 1y | €1.08M |
| of which > 1y | - |
| Working capital | €-28k |
| Employees (FTE) | 29.3 |
| 2024 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.36 |
| Working capital ratio | -2.6% |
| Solvency | -4.0% |
| Debt / equity | -26.05 |
| Long-term debt ratio | - |
| Interest coverage | -0.32 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.0% |
| ROE | 100.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.09M |
| Fixed assets | 21/28 | €37k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €33k |
| Financial fixed assets | 28 | €162 |
| Current assets | 29/58 | €1.05M |
| Stocks & contracts in progress | 3 | €666k |
| Amounts receivable within one year | 40/41 | €74k |
| Cash & bank | 54/58 | €312k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M |
| Equity | 10/15 | €-43k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €9k |
| Accumulated profits (losses) | 14 | €-57k |
| Amounts payable | 17/49 | €1.13M |
| Amounts payable within one year | 42/48 | €1.08M |
| Trade debts payable within one year | 44 | €179k |
| Income statement | ||
| Gross operating margin | 9900 | €1.97M |
| Operating result | 9901 | €-16k |
| Financial income | 75 | €167 |
| Financial charges | 65 | €22k |
| Result before taxes | 9903 | €-38k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €-44k |
| Result to be appropriated | 9905 | €-44k |
-
Current01-01-2024 → present
Former directors (2)
-
Dieter VanreybrouckDirector (executive)State Gazette act 24066321 (24-04-2024)Former- → 01-01-2024
-
Former- → 01-01-2024
| NACE primary | Activiteiten van hoofdkantoren(70100) |
| Legal form | Private limited company(610) |
| Incorporation | 26-11-2020 |
| Status | Active |
| Postal code | 8400 |
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. |
|---|---|---|---|---|
| 35026A0439/00G000 | Flanders | 1.4 ha | 1 · 5,019 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-09-2025 VRC Bedrijfsrevisoren BV reappointed as statutory auditor
- VRC Bedrijfsrevisoren BV, Commissaris
Technical details
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}24-04-2024 1 director appointed, 2 resigning
- DVR Consult CommV, Directeur
- Dieter Vanreybrouck, Directeur
- POWER-CONTROL BV, Directeur
Technical details
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}22-09-2022 Bart Roobrouck appointed as statutory auditor
- Bart Roobrouck, Commissaris
Technical details
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}| Legal nameNL | RAES MOTOREN |