Age5 yrs
Real estate2 parcels · 1,774 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for RAFAEL CONSTRUCT according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €57k and a net result of €57k.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
2 events27-05-2025
Bankruptcy
Opening
07-05-2025
KBO administration
Address struck
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
1 eventAddress struck
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€57k
Working capital€55k
Directors1
Annual accounts & ratios
Source: NBB · 2021Annual accounts filed on 17-10-2022 with the NBB · fiscal year 2021 · micro
| Fiscal year | 2021 |
|---|---|
| Revenue | - |
| EBITDA | €74k |
| Net profit | €57k |
| Cash flow | €59k |
| Staff costs | - |
| Income taxes | €14k |
| Dividends | - |
| Total assets | €79k |
| Equity | €57k |
| Debt | €22k |
| of which ≤ 1y | €22k |
| of which > 1y | - |
| Working capital | €55k |
| Employees (FTE) | - |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 3.53 |
| Quick ratio | 3.53 |
| Working capital ratio | 70.0% |
| Solvency | 72.3% |
| Debt / equity | 0.38 |
| Long-term debt ratio | - |
| Interest coverage | 118.78 |
| Gross margin | - |
| Net margin | - |
| ROA | 72.3% |
| ROE | 100.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €79k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €77k |
| Amounts receivable within one year | 40/41 | €61k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €79k |
| Equity | 10/15 | €57k |
| Accumulated profits (losses) | 14 | €57k |
| Amounts payable | 17/49 | €22k |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €76k |
| Operating result | 9901 | €72k |
| Financial charges | 65 | €623 |
| Result before taxes | 9903 | €71k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €57k |
| Result to be appropriated | 9905 | €57k |
Ratios computed by Checked.
Health barometer
FY 2021 · computed33
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Jan DE RIECK PEGASUSLAAN 5, 1831 DIEGEM- |
20-05-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 10-09-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 27-05-2025 |
| Latest BS signal | 27-05-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Establishment units
1 locationRAFAEL CONSTRUCT
since 20202.306.782.140
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,774 m²
Buildings2
Building footprint486 m²
Volume (LiDAR)4,923 m³
Tallest building22.0 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21392B0029/00K009 | Brussels | 136 m² | 1 · 89 m² | 22.0 m · 6 fl. |
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.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette27-05-2025
Bankruptcy
Opening
07-05-2025
KBO administration
Address struck
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
2 acts Address history · 1
06-02-2023
Registered-office move
All acts · 2
updated 1 year ago
2024
29-11-2024 1 director appointed, 2 resigning
- MARTINS TEIXEIRA PEDRO MIGUEL, Bestuurder
- OUALI ABDENNASSER, Bestuurder
- OUALI ABDENNASSER, Bestuurder
2023
06-02-2023 Registered office moved within Sint-Pieters-Leeuw
- Bergensesteenweg 421/13, 1600 Sint-Pieters-Leeuw → Bergensesteenweg 24/8, 1600 Sint-Pieters-Leeuw
Analysis
Snowflake analysis
financial profile on 5 axes57
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
33
Profitability
100
Solvency
100
Growth
50
Stability
0
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | RAFAEL CONSTRUCT |
Registration history
- 07-05-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.