RAF EVENS
ActiveSummary
RAF EVENS 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 €20,460 and a net result of €352,697. Equity is shrinking by ~26.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 10% of 1501 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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 check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1501 sector peers (2025).
NBB · sector comparisonPosition among 1501 sector peers
Solvency
better than 10%
← weakest
strongest →
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 29-05-2026, 63 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
63 d early
2024
35 d early
2023
43 d early
2022
33 d early
2021
34 d early
2020
47 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€20,460▼ 84.6%
2024 · €133,105
Net result
€352,697▲ 42.5%
2024 · €247,455
Total assets
€745,395▼ 7.5%
2024 · €806,028
Solvency
2.7%▼ 13.8pp
2024 · 16.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€510,771▲ 62.1%€400,038▼ 21.7%€317,796▼ 20.6%€338,302▲ 6.5%€486,280▲ 43.7%
Net result€375,424above the sector's middle half▲ 62.5%€293,682above the sector's middle half▼ 21.8%€235,245above the sector's middle half▼ 19.9%€247,455above the sector's middle half▲ 5.2%€352,697above the sector's middle half▲ 42.5%
Equity€318,724within the sector's middle half▲ 636%€312,406within the sector's middle half▼ 2.0%€155,650within the sector's middle half▼ 50.2%€133,105within the sector's middle half▼ 14.5%€20,460below the sector's middle half▼ 84.6%
Total assets€885,669within the sector's middle half▲ 19.3%€886,288within the sector's middle half▲ 0.1%€884,045within the sector's middle half▼ 0.3%€806,028within the sector's middle half▼ 8.8%€745,395within the sector's middle half▼ 7.5%
Debt€566,945▼ 18.9%€573,883▲ 1.2%€728,394▲ 26.9%€672,923▼ 7.6%€724,935▲ 7.7%
Working capital€212,446within the sector's middle half€123,818within the sector's middle half▼ 41.7%-€188,975below the sector's middle half-€183,952below the sector's middle half▲ 2.7%-€253,944below the sector's middle half▼ 38.0%
Solvency36.0%within the sector's middle half▲ 30.2pp35.2%within the sector's middle half▼ 0.7pp17.6%within the sector's middle half▼ 17.6pp16.5%within the sector's middle half▼ 1.1pp2.7%below the sector's middle half▼ 13.8pp
Current ratio2.73within the sector's middle half▲ 1.851.60within the sector's middle half▼ 1.130.42below the sector's middle half▼ 1.180.48below the sector's middle half▲ 0.060.48below the sector's middle half=
Return on assets (ROA)42.4%above the sector's middle half▲ 11.3pp33.1%above the sector's middle half▼ 9.3pp26.6%above the sector's middle half▼ 6.5pp30.7%above the sector's middle half▲ 4.1pp47.3%above the sector's middle half▲ 16.6pp
Staff (FTE)3.9within the sector's middle half▲ 14.7%4.7within the sector's middle half▲ 20.5%5.1within the sector's middle half▲ 8.5%5.1within the sector's middle half=5.1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €745,395
Fixed assets
€508,566 ▼ 19.9%
Current assets
€236,829 ▲ 38.2%
Equity and liabilities €745,395
Equity
€20,460 ▼ 84.6%
Debt
€724,935 ▲ 7.7%
Debt's share of the balance-sheet total rises from 83.5% to 97.3%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€490,773▲
2024 · €355,327
Debt > 1 year
€234,020▼
2024 · €317,596
Income taxes
€127,020▲
2024 · €82,282
Staff costs
€277,644▼
2024 · €311,708
A ratio outside any meaningful range has been withheld (balance sheet total €745,395, equity €20,460).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €199,027 | €242,043 | €286,466 | €311,708 | €277,644 | ▼ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95,336 | €95,541 | €117,392 | €137,212 | €136,914 | ▼ 0.2% |
| Other operating charges640/8 | €1,311 | €1,428 | €955 | €1,456 | €2,936 | ▲ 102% |
| Gross operating margin9900 | €806,444 | €739,050 | €722,610 | €788,678 | €903,775 | ▲ 14.6% |
| Operating profit (loss)9901 | €510,771 | €400,038 | €317,796 | €338,302 | €486,280 | ▲ 43.7% |
| Financial income75/76B | €99 | €0 | €208 | €258 | €416 | ▲ 61.5% |
| Recurring financial income75 | €99 | €0 | €208 | €258 | €416 | ▲ 61.5% |
| Financial charges65/66B | €9,683 | €13,329 | €10,599 | €8,823 | €6,979 | ▼ 20.9% |
| Recurring financial charges65 | €9,683 | €13,329 | €10,599 | €8,823 | €6,979 | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | €501,187 | €386,709 | €307,406 | €329,737 | €479,717 | ▲ 45.5% |
| Income taxes67/77 | €125,763 | €93,027 | €72,161 | €82,282 | €127,020 | ▲ 54.4% |
| Profit (loss) for the period9904 | €375,424 | €293,682 | €235,245 | €247,455 | €352,697 | ▲ 42.5% |
| Profit (loss) for the period to be appropriated9905 | €375,424 | €293,682 | €235,245 | €247,455 | €352,697 | ▲ 42.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €885,669 | €886,288 | €884,045 | €806,028 | €745,395 | ▼ 7.5% |
| Fixed assets21/28 | €550,410 | €554,663 | €748,351 | €634,653 | €508,566 | ▼ 19.9% |
| Intangible fixed assets21 | €454,888 | €386,288 | €317,688 | €249,088 | €180,488 | ▼ 27.5% |
| Tangible fixed assets22/27 | €95,272 | €168,126 | €430,413 | €385,566 | €328,079 | ▼ 14.9% |
| Plant, machinery and equipment23 | €8,066 | €19,811 | €41,511 | €32,896 | €20,473 | ▼ 37.8% |
| Furniture and vehicles24 | €47,280 | €42,501 | €32,796 | €28,687 | €21,103 | ▼ 26.4% |
| Other tangible fixed assets26 | €39,927 | €105,814 | €356,105 | €323,983 | €286,502 | ▼ 11.6% |
| Financial fixed assets28 | €250 | €250 | €250 | €0 | - | - |
| Current assets29/58 | €335,259 | €331,625 | €135,694 | €171,375 | €236,829 | ▲ 38.2% |
| Amounts receivable within one year40/41 | €99,422 | €118,506 | €99,887 | €92,474 | €91,656 | ▼ 0.9% |
| Trade receivables40 | - | - | - | €2,706 | €0 | ▼ 100% |
| Other amounts receivable41 | €99,422 | €118,506 | €99,887 | €89,768 | €91,656 | ▲ 2.1% |
| Current investments50/53 | €27,471 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €186,457 | €191,604 | €28,917 | €53,411 | €133,691 | ▲ 150% |
| Deferred charges and accrued income490/1 | €21,909 | €21,515 | €6,890 | €25,490 | €11,482 | ▼ 55.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €885,669 | €886,288 | €884,045 | €806,028 | €745,395 | ▼ 7.5% |
| Equity10/15 | €318,724 | €312,406 | €155,650 | €133,105 | €20,460 | ▼ 84.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €298,264 | €291,946 | €135,190 | €112,645 | €0 | ▼ 100% |
| Amounts payable17/49 | €566,945 | €573,883 | €728,394 | €672,923 | €724,935 | ▲ 7.7% |
| Amounts payable after more than one year17 | €443,717 | €365,952 | €403,725 | €317,596 | €234,020 | ▼ 26.3% |
| Financial debts170/4 | €443,717 | €365,952 | €403,725 | €317,596 | €234,020 | ▼ 26.3% |
| Amounts payable within one year42/48 | €122,813 | €207,807 | €324,669 | €355,327 | €490,773 | ▲ 38.1% |
| Current portion of amounts payable after more than one year42 | €76,616 | €77,765 | €85,035 | €86,129 | €83,576 | ▼ 3.0% |
| Trade debts44 | €22,294 | €38,820 | €30,058 | €30,105 | €18,892 | ▼ 37.2% |
| Suppliers440/4 | €22,294 | €38,820 | €30,058 | €30,105 | €18,892 | ▼ 37.2% |
| Taxes, remuneration and social security45 | €22,748 | €26,124 | €33,160 | €31,640 | €46,483 | ▲ 46.9% |
| Taxes450/3 | - | - | - | - | €1,709 | - |
| Remuneration and social security454/9 | €22,748 | €26,124 | €33,160 | €31,640 | €44,774 | ▲ 41.5% |
| Other amounts payable47/48 | €1,155 | €65,099 | €176,416 | €207,453 | €341,823 | ▲ 64.8% |
| Accrued charges and deferred income492/3 | €415 | €123 | €0 | - | €142 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €375,424 | €293,682 | €235,245 | €247,455 | €352,697 | ▲ 42.5% |
| + Depreciation and write-downs630 | €95,336 | €95,541 | €117,392 | €137,212 | €136,914 | ▼ 0.2% |
| Operating cash flow (approximation) | €470,760 | €389,223 | €352,637 | €384,666 | €489,611 | ▲ 27.3% |
| Investment in fixed assets (approximation) | - | -€99,794 | -€311,080 | -€23,515 | -€10,827 | ▲ 54.0% |
| Change in cash | - | €5,147 | -€162,687 | €24,493 | €80,280 | ▲ 228% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €375,424 ▲62.5%
Operating result €510,771, net result €375,424, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.73
Current ratio from 0.88 to 2.73; short-term debt falls from €440,792 to €122,813.
31-12
Financial
Equity above €200,000Eq €318,724 ▲636%
4 profitable years in a row build equity to €318,724.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Maasmechelen · 1 establishment unit since 2017
Ground area
2,218 m²
Building footprint
372 m²
Volume, LiDAR
2,046 m³
2 parcels, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Albertwal 13, 3700 Tongeren-Borgloon
since 20172.261.961.410
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73013C0215/00A000 | Flanders | 1,815 m² | 1 · 259 m² | 7.6 m · 2 fl. |
| 73083D0265/02L000 | Flanders | 403 m² | 1 · 113 m² | 12.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,049 EUR awarded · 1,803 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 645 EUR | 405 EUR |
| 2024 | 1 | 888 EUR | 882 EUR |
| 2023 | 1 | 516 EUR | 516 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
254900CC6FMUXDHCPD89
Similar companies · same sector, comparable size
RKS-Finance
BE 0540.854.083
Sint-Niklaas · Eq €20,460
B-CONA
BE 0550.549.333
Laarne · Eq €20,460
Swaelens-Verschingel
BE 0647.818.953
Beersel · Eq €20,460
BEH²
BE 0798.387.796
Ciney · Eq €20,508
VERAART & PARTNERS KNOKKE
BE 0468.665.495
Oostende · Eq €20,523
Of 1,682 companies in sector 66191 we hold annual accounts for 1,230. 553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672374405
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.