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RAFFAELLO 1994

Active
Private limited company (pre-2019)founded 199432 yrs activeSint-Michielslaan 28, 1040 Etterbeek, BelgiumKBO/BCE: BE 0453.425.609
Summary

The computed 12-month bankruptcy probability of RAFFAELLO 1994 is 8.0% (elevated). The 2025 annual accounts show negative equity (-€574,440) and a net result of -€818. Equity remains stable across the filed fiscal years (±0.2% per year). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192122232425
2018 to 2025 · latest year -€574,440
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filings
Deviation from the deadline
2025
26 d late
2024
60 d late
2023
101 d late
2022
44 d late
2021
30 d late
2019
101 d late
2018
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 56 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 (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 13 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 September 1994, RAFFAELLO 1994 was incorporated.1 The company has filed 29 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€818▼ 28.9%
2024 · -€634
Working capital
-€571,155▼ 0.8%
2019 · -€566,371
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,348--€1,089▲ 19.2%-€744▲ 31.7%-€634▲ 14.8%-€818▼ 28.9%
Net result-€2,338--€1,089▲ 53.4%-€744▲ 31.7%-€634▲ 14.8%-€818▼ 28.9%
Equity-€571,155--€572,244▼ 0.2%-€572,988▼ 0.1%-€573,622▼ 0.1%-€574,440▼ 0.1%
Total assets€367-€0€0
Debt€571,522-€572,244▲ 0.1%€572,988▲ 0.1%€573,622▲ 0.1%€574,440▲ 0.1%
Working capital-€571,155-
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2021: -€1,348-€1,348Net result 2021: -€2,338-€2,338Operating result 2022: -€1,089-€1,089Net result 2022: -€1,089-€1,089Operating result 2023: -€744-€744Net result 2023: -€744-€744Operating result 2024: -€634-€634Net result 2024: -€634-€634Operating result 2025: -€818-€818Net result 2025: -€818-€81820212022202320242025-€1,000-€750-€500-€250€0Operating result 2023: -€744-€744Net result 2023: -€744-€744Operating result 2024: -€634-€634Net result 2024: -€634-€634Operating result 2025: -€818-€818Net result 2025: -€818-€818202320242025
The operating result stays negative: a loss of €818 in 2025 against €634 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.00
Debt ≤ 1 year
€574,440▲
2024 · €573,622
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 22 lines
Balance sheet Code20242025
Assets
Total assets20/58€0-
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Equity and liabilities
Total equity and liabilities10/49€0€0=
Equity10/15-€573,622-€574,440▼
Contributions10/11€24,789€24,789=
Profit (loss) carried forward14-€598,411-€599,229▼
Amounts payable17/49€573,622€574,440▲
Amounts payable within one year42/48€573,622€574,440▲
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€573,622€574,440▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€0-
Gross operating margin9900-€634-€818▼
Operating profit (loss)9901-€634-€818▼
Profit (loss) for the period before taxes9903-€634-€818▼
Profit (loss) for the period9904-€634-€818▼
Profit (loss) for the period to be appropriated9905-€634-€818▼
Appropriation of the result
Profit (loss) to be appropriated9906-€598,411-€599,229▼
Profit (loss) brought forward from the previous period14P-€597,777-€598,411▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61---€0--
Other operating charges640/8€400-----
Gross operating margin9900-€948-€1,089-€744-€634-€818▼ 28.9%
Operating profit (loss)9901-€1,348-€1,089-€744-€634-€818▼ 28.9%
Financial charges65/66B€990-----
Recurring financial charges65€990-----
Profit (loss) for the period before taxes9903-€2,338-€1,089-€744-€634-€818▼ 28.9%
Profit (loss) for the period9904-€2,338-€1,089-€744-€634-€818▼ 28.9%
Profit (loss) for the period to be appropriated9905-€2,338-€1,089-€744-€634-€818▼ 28.9%
Line20212022202320242025Change
Assets
Total assets20/58€367-€0€0--
Fixed assets21/28--€0€0--
Tangible fixed assets22/27--€0€0--
Plant, machinery and equipment23--€0€0--
Furniture and vehicles24--€0€0--
Current assets29/58€367-----
Current investments50/53€46-----
Cash at bank and in hand54/58€321-----
Equity and liabilities
Total equity and liabilities10/49€367-€0€0€0-
Equity10/15-€571,155-€572,244-€572,988-€573,622-€574,440▼ 0.1%
Contributions10/11€24,789€24,789€24,789€24,789€24,789=
Capital10€24,789€24,789----
Issued capital100€24,789€24,789----
Profit (loss) carried forward14-€595,944-€597,033-€597,777-€598,411-€599,229▼ 0.1%
Amounts payable17/49€571,522€572,244€572,988€573,622€574,440▲ 0.1%
Amounts payable within one year42/48€571,522€572,244€572,988€573,622€574,440▲ 0.1%
Trade debts44--€0€0--
Suppliers440/4---€0--
Other amounts payable47/48€571,522€572,244€572,988€573,622€574,440▲ 0.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,338-€1,089-€744-€634-€818▼ 28.9%
Operating cash flow (approximation)-€2,338-€1,089-€744-€634-€818▼ 28.9%
Investment in fixed assets (approximation)---€0--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
09-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 101 days late
2023
13-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 101 days late
2019
31-12
Financial Back to profitnet €671
Net result €671 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
07-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 1994
seat establishment approximate The establishment unit on the map
Ground area
3,061 m²
Building footprint
2,477 m²
Volume, LiDAR
33,098 m³
2 parcels, Brussels · tallest building 26.9 m, ±8 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
RAFFAELLO MCMXCIV
Galerij van de Louizapoort 125, 1050 ElseneNACE 52410
since 19942.068.612.595
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0364/00Z000 Brussels 2,694 m² 1 · 2,214 m² 26.0 m · 3 fl.
21362B0310/00G006 Brussels 367 m² 1 · 263 m² 26.9 m · 8 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)
Founded21-09-1994
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.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.