RAFAT
Dissolution or liquidationSummary
The KBO register records for RAFAT the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €5,417 and a net result of -€14,579.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 22-09-2021, 53 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
53 d late
2019
315 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 184 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€5,417▼ 72.9%
2019 · €19,996
Total assets
€32,558▼ 19.1%
2019 · €40,232
Net result
-€14,579
2019 · €13,796
Working capital
€2,425▼ 84.8%
2019 · €15,996
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020
Operating result€20,288--€12,304
Net result€13,796--€14,579
Equity€19,996-€5,417▼ 72.9%
Total assets€40,232-€32,558▼ 19.1%
Debt€20,236-€27,140▲ 34.1%
Working capital€15,996-€2,425▼ 84.8%
Staff (FTE)0.9-1.5▲ 66.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €12,304 after €20,288 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €32,558
Fixed assets
€3,000 ▼ 25.0%
Current assets
€29,558 ▼ 18.4%
Equity and liabilities €32,558
Equity
€5,417 ▼ 72.9%
Debt
€27,140 ▲ 34.1%
Debt's share of the balance-sheet total rises from 50.3% to 83.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€11,304▼
2019 · €21,288
Cash flow
-€13,579▼
2019 · €14,796
Current ratio
1.09▼
2019 · 1.79
Quick ratio
0.35▼
2019 · 1.79
ROE
-269.1%▼
2019 · 69.0%
ROA
-44.8%▼
2019 · 34.3%
Debt ≤ 1 year
€27,132▲
2019 · €20,236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,000 | €1,000 | = |
| Gross operating margin9900 | €48,692 | €23,281 | ▼ 52.2% |
| Operating profit (loss)9901 | €20,288 | -€12,304 | ▼ 161% |
| Recurring financial income75 | €2 | €11 | ▲ 397% |
| Recurring financial charges65 | €622 | €1,735 | ▲ 179% |
| Profit (loss) for the period before taxes9903 | €19,668 | -€14,579 | ▼ 174% |
| Income taxes67/77 | €5,872 | - | - |
| Profit (loss) for the period9904 | €13,796 | -€14,579 | ▼ 206% |
| Profit (loss) for the period to be appropriated9905 | €13,796 | -€14,579 | ▼ 206% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €40,232 | €32,558 | ▼ 19.1% |
| Fixed assets21/28 | €4,000 | €3,000 | ▼ 25.0% |
| Tangible fixed assets22/27 | €4,000 | €3,000 | ▼ 25.0% |
| Current assets29/58 | €36,232 | €29,558 | ▼ 18.4% |
| Stocks and contracts in progress3 | - | €19,975 | - |
| Amounts receivable within one year40/41 | €5,276 | €8,788 | ▲ 66.6% |
| Cash at bank and in hand54/58 | €30,955 | €794 | ▼ 97.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €40,232 | €32,558 | ▼ 19.1% |
| Equity10/15 | €19,996 | €5,417 | ▼ 72.9% |
| Contributions10/11 | €6,200 | - | - |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €11,936 | -€2,643 | ▼ 122% |
| Amounts payable17/49 | €20,236 | €27,140 | ▲ 34.1% |
| Amounts payable within one year42/48 | €20,236 | €27,132 | ▲ 34.1% |
| Trade debts44 | €7,359 | €9,466 | ▲ 28.6% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €13,796 | -€14,579 | ▼ 206% |
| + Depreciation and write-downs630 | €1,000 | €1,000 | = |
| Operating cash flow (approximation) | €14,796 | -€13,579 | ▼ 192% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€30,161 | - |
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
2025
13-01
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise de Liège, division Liège · event 08-01-2025
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 315 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Liège · 1 establishment unit since 2018
Ground area
215 m²
Building footprint
129 m²
Volume, LiDAR
1,553 m³
2 parcels, Wallonia · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue Général-de-Gaulle 123, 4020 Liège
since 20182.282.875.402
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62813E0483/00B000 | Wallonia | 122 m² | 1 · 81 m² | 14.8 m · 4 fl. |
| 62020A0633/00W000 | Wallonia | 93 m² | 1 · 49 m² | 12.0 m · 4 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-11-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.