RAFALE
ActiveRAFALE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €2k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-1
Solvency62▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.8 in 2024; short-term debt: 6% and cash: 2.8% of total assets), and 62.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.4%
Return on assets
0.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
18 d late
2023
5 d early
2022
29 d late
2021
54 d late
2020
17 d late
2019
7 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€168k▲ 0.5%
2024 · €167k
2018: €139k
2019: €141k
2020: €153k
2021: €152k
2022: €153k
2023: €167k
2024: €167k
2018 → 2025
Total assets
€449k▼ 3.9%
2024 · €467k
2018: €669k
2019: €608k
2020: €612k
2021: €573k
2022: €544k
2023: €525k
2024: €467k
2018 → 2025
Net result
€2k▲ 110%
2024 · €952
2018: €28k
2019: €2k
2020: €14k
2021: €345
2022: €2k
2023: €15k
2024: €952
2018 → 2025
Working capital
€468
2024 · €-6k
2018: €39k
2019: €16k
2020: €27k
2021: €22k
2022: €19k
2023: €21k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€153k▲ 0.3%€167k▲ 9.2%€167k▼ 0.1%€168k▲ 0.5%
Operating result€7k-€8k▲ 11.1%€34k▲ 314%€17k▼ 49.6%€19k▲ 14.1%
Net result€345-€2k▲ 384%€15k▲ 814%€952▼ 93.8%€2k▲ 110%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €449k
Fixed assets
€421k▼ 5.0%
Current assets
€27k▲ 16.6%
Equity and liabilities €449k
Equity
€168k▲ 0.5%
Debt
€281k▼ 6.4%
The debt ratio falls from 64.3% to 62.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2024 · €43k
Cash flow
€24k▼
2024 · €27k
Solvency
37.4%▲
2024 · 35.7%
Current ratio
1.02▲
2024 · 0.80
Quick ratio
1.02▲
2024 · 0.80
Debt / equity
1.68▼
2024 · 1.80
ROE
1.2%▲
2024 · 0.6%
ROA
0.4%▲
2024 · 0.2%
Interest coverage
2.31▼
2024 · 2.51
Debt
€281k▼
2024 · €300k
Debt ≤ 1 year
€27k▼
2024 · €29k
Debt > 1 year
€254k▼
2024 · €271k
Income taxes
€564
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€467k€449k▼
Fixed assets21/28€444k€421k▼
Tangible fixed assets22/27€444k€421k▼
Land and buildings22€342k€330k▼
Plant, machinery and equipment23€89k€80k▼
Furniture and vehicles24€13k€11k▼
Current assets29/58€24k€27k▲
Amounts receivable within one year40/41€19k€15k▼
Trade receivables40€14k€11k▼
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€4k€13k▲
Equity and liabilities
Total equity and liabilities10/49€467k€449k▼
Equity10/15€167k€168k▲
Contributions10/11€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k-
Reserves not available under the articles1311€10k-
Distributable reserves133-€10k
Profit (loss) carried forward14€34k€36k▲
Investment grants15€23k€22k▼
Amounts payable17/49€300k€281k▼
Amounts payable after more than one year17€271k€254k▼
Financial debts170/4€257k€251k▼
Other amounts payable178/9€14k€4k▼
Amounts payable within one year42/48€29k€27k▼
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€5k€860▼
Taxes450/3€5k€860▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€22k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€46k€47k▲
Operating profit (loss)9901€17k€19k▲
Financial income75/76B€1k€1k=
Recurring financial income75€1k€1k=
Financial charges65/66B€17k€18k▲
Recurring financial charges65€17k€18k▲
Profit (loss) for the period before taxes9903€952€3k▲
Income taxes67/77-€564
Profit (loss) for the period9904€952€2k▲
Profit (loss) for the period to be appropriated9905€952€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€36k▲
Profit (loss) brought forward from the previous period14P€33k€34k▲
The notes to these accounts (8 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
31-12
Financial
Weakest financial yearnet €345 ▼97.5%
Net result drops to €345, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Equity above €150kEq €153k ▲9%
3 profitable years in a row build equity to €153k.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ukkel · 1 establishment unit since 2014
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.
Sumatralaan 211180 UkkelGround area
715 m²
Building footprint
160 m²
Volume, LiDAR
1,623 m³
2 parcels, Brussels · tallest building 14.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Vlaamsesteenweg 91, 1000 Brussel
since 20142.227.999.829
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0210/00A008 | Brussels | 660 m² | 1 · 108 m² | 11.9 m · 3 fl. |
| 21812N0254/00H000 | Brussels | 55 m² | 1 · 51 m² | 14.8 m · 5 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
BOSMA AGENCIES
BE 0472.864.607
Diest · Eq €168k
TRIVENDA
BE 0465.582.083
Herk-de-Stad · Eq €168k
La Fermette Godelaine
BE 0747.949.974
Flémalle · Eq €168k
ANDY BERGER CONSULTING
BE 0885.198.442
Meise · Eq €168k
MERLEVEDE PIET
BE 0454.156.275
Wielsbeke · Eq €167k
Of 6,156 companies in sector 46190 we hold annual accounts for 2,571. 1,905 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2014
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
47610Retail trade
47630Retail trade
47690Retail sale of other cultural and recreation goods
58110Book publishing
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.