Summary
RAF BRONSELAER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €843k and a net result of €99k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 8023 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
9 d early
2022
6 d early
2021
5 d early
2020
9 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€843k▲ 13.3%
2024 · €744k
2018: €364k
2019: €381k
2020: €409k
2021: €735k
2022: €738k
2023: €650k
2024: €744k
2018 → 2025
Net result
€99k▲ 6.0%
2024 · €93k
2018: €28k
2019: €17k
2020: €28k
2021: €325k
2022: €3k
2023: €53k
2024: €93k
2018 → 2025
Total assets
€1.26M▲ 43.0%
2024 · €878k
2018: €725k
2019: €693k
2020: €672k
2021: €1.17M
2022: €950k
2023: €835k
2024: €878k
2018 → 2025
Solvency
67.1%▼ 17.6pp
2024 · 84.7%
2018: 50.2%
2019: 55.0%
2020: 61.0%
2021: 62.9%
2022: 77.6%
2023: 77.8%
2024: 84.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€735k-€738k▲ 0.4%€650k▼ 11.9%€744k▲ 14.4%€843k▲ 13.3%
Operating result€82k-€12k▼ 84.7%€78k▲ 524%€127k▲ 63.7%€156k▲ 22.9%
Net result€325k-€3k▼ 99.0%€53k▲ 1,590%€93k▲ 76.5%€99k▲ 6.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€605k ▲ 35.2%
Current assets
€651k ▲ 51.1%
Equity and liabilities €1.26M
Equity
€843k ▲ 13.3%
Provisions
€0 ▼ 100%
Debt
€413k ▲ 283%
Debt's share of the balance-sheet total rises from 12.3% to 32.9%. Equity and debt are higher.
Key figures and ratios
ROE
11.8%▼
2024 · 12.6%
ROA
7.9%▼
2024 · 10.6%
Debt ≤ 1 year
€100k▲
2024 · €41k
Debt > 1 year
€313k▲
2024 · €67k
Income taxes
€68k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€878k€1.26M▲
Fixed assets21/28€447k€605k▲
Tangible fixed assets22/27€443k€601k▲
Land and buildings22€426k€584k▲
Plant, machinery and equipment23€7k€7k=
Furniture and vehicles24€10k€11k▲
Financial fixed assets28€4k€4k=
Current assets29/58€430k€651k▲
Amounts receivable within one year40/41€38k€20k▼
Trade receivables40€3k€9k▲
Other amounts receivable41€35k€11k▼
Current investments50/53€29k€29k=
Cash at bank and in hand54/58€360k€601k▲
Deferred charges and accrued income490/1€3k€576▼
Equity and liabilities
Total equity and liabilities10/49€878k€1.26M▲
Equity10/15€744k€843k▲
Contributions10/11€19k€19k=
Reserves13€645k€744k▲
Tax-exempt reserves132€52k€0▼
Distributable reserves133€592k€744k▲
Profit (loss) carried forward14€80k€80k=
Provisions and deferred taxes16€26k€0▼
Deferred taxes168€26k€0▼
Amounts payable17/49€108k€413k▲
Amounts payable after more than one year17€67k€313k▲
Financial debts170/4€67k€313k▲
Amounts payable within one year42/48€41k€100k▲
Current portion of amounts payable after more than one year42€25k€29k▲
Trade debts44€2k€9k▲
Suppliers440/4€2k€9k▲
Taxes, remuneration and social security45€3k€30k▲
Taxes450/3€3k€30k▲
Other amounts payable47/48€11k€32k▲
Accrued charges and deferred income492/3€0€249▲
Income statement
Code20242025
Non-recurring operating income76A-€121k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€81k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€153k€245k▲
Operating profit (loss)9901€127k€156k▲
Financial income75/76B€8k€456▼
Recurring financial income75€8k€456▼
Financial charges65/66B€3k€16k▲
Recurring financial charges65€3k€16k▲
Profit (loss) for the period before taxes9903€132k€141k▲
Transfer from deferred taxes780€644€26k▲
Income taxes67/77€40k€68k▲
Profit (loss) for the period9904€93k€99k▲
Transfer from tax-exempt reserves789€3k€52k▲
Profit (loss) for the period to be appropriated9905€96k€151k▲
Appropriation of the result
Profit (loss) to be appropriated9906€177k€232k▲
Profit (loss) brought forward from the previous period14P€80k€80k=
Transfer to equity691/2€96k€151k▲
To other reserves6921€96k€151k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
03-03
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €3k ▼99%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 8.72
Current ratio from 3.22 to 8.72; short-term debt falls from €220k to €59k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
09-03
State Gazette act
General meeting · Statutes amendment
Share issue · Approval
14-01
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital · SLEDSENS Marc
2021
31-12
Financial
Highest result since 2018net €325k ▲1046%
Net result €325k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.22
Current ratio from 1.27 to 3.22.
Show earlier events
31-12
Financial
Equity above €500kEq €735k ▲79.4%
4 profitable years in a row build equity to €735k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-11
State Gazette act
General meeting · Capital
Statutes amendment · Director reappointment
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Oostende · 1 establishment unit since 2005
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.
Ernest Feysplein 158400 OostendeGround area
858 m²
Building footprint
452 m²
Volume, LiDAR
32,679 m³
Parcel 35013A1635/00E002, Flanders · tallest building 89.5 m, ±25 floors. Linked by address, not a title deed.
1 establishment unit
RAF BRONSELAER
since 20052.149.766.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1635/00E002 | Flanders | 858 m² | 1 · 452 m² | 89.5 m · 25 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
4 locations
1 location
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,063 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.