RAFIJOHN

Active

Private limited companyfounded 20179 yrs activeAdrien Bayetlaan 5, 1020 Brussel, BelgiumKBO/BCE: BE 0668.998.013

The computed 12-month bankruptcy probability of RAFIJOHN is 2.8% (moderate). The 2024 annual accounts show equity of €12k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 90% of 36373 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

68 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability50▼-9

Solvency100=

Growth78=

Track record100

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 2.55 against 9.76 in 2023; short-term debt: 15% and cash: 29.4% of total assets), and 15% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

85%

Return on assets

-27.9%

Age of the figures

21 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year €-4k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

not confirmed

2024

41 d early

2023

43 d early

2022

40 d early

2021

31 d early

2020

36 d early

2019

19 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-4k▼ 214%

2023 · €-1k

2018: €-9k 2019: €9k 2020: €7k 2021: €4k 2022: €2k 2023: €-1k

2018 → 2024

Working capital

€3k▼ 39.2%

2023 · €5k

2018: €-8k 2019: €2k 2020: €2k 2021: €2k 2022: €3k 2023: €5k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€11k-€15k▲ 38.2%€17k▲ 13.8%€16k▼ 7.3%€12k▼ 24.7%

Operating result€8k-€5k▼ 40.6%€3k▼ 45.8%€-972€-3k▼ 259%

Net result€7k-€4k▼ 42.4%€2k▼ 50.0%€-1k€-4k▼ 214%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €3k in 2024 against €972 in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €14k

61.6%

38.4%

Fixed assets €8k▼ 17.3%

Current assets €5k▼ 10.3%

Equity and liabilities €14k

85.0%

15.0%

Equity €12k▼ 24.7%

Debt €2k▲ 243%

The debt ratio rises from 3.7% to 15.0%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€2k▼

2023 · €5k

Cash flow

€2k▼

2023 · €5k

Solvency

85.0%▼

2023 · 96.3%

Current ratio

2.55▼

2023 · 9.76

Quick ratio

2.55▼

2023 · 9.76

Debt / equity

0.18▲

2023 · 0.04

ROE

-32.9%▼

2023 · -7.9%

ROA

-27.9%▼

2023 · -7.6%

Interest coverage

6.12▼

2023 · 16.30

Debt

€2k▲

2023 · €602

Debt ≤ 1 year

€2k▲

2023 · €602

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€16k€14k▼

Fixed assets21/28€10k€8k▼

Tangible fixed assets22/27€10k€8k▼

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€7k€6k▼

Current assets29/58€6k€5k▼

Amounts receivable within one year40/41€3k€555▼

Trade receivables40€1k-

Other amounts receivable41€2k€555▼

Cash at bank and in hand54/58€3k€4k▲

Deferred charges and accrued income490/1€198€681▲

Equity and liabilities

Total equity and liabilities10/49€16k€14k▼

Equity10/15€16k€12k▼

Contributions10/11€6k€6k=

Profit (loss) carried forward14€9k€5k▼

Amounts payable17/49€602€2k▲

Amounts payable within one year42/48€602€2k▲

Trade debts44€602€1k▲

Suppliers440/4€602€1k▲

Other amounts payable47/48-€782

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼

Other operating charges640/8€512€515▲

Gross operating margin9900€6k€3k▼

Operating profit (loss)9901€-972€-3k▼

Financial income75/76B€79€0▼

Recurring financial income75€79€0▼

Financial charges65/66B€329€344▲

Recurring financial charges65€329€344▲

Profit (loss) for the period before taxes9903€-1k€-4k▼

Profit (loss) for the period9904€-1k€-4k▼

Profit (loss) for the period to be appropriated9905€-1k€-4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€9k€5k▼

Profit (loss) brought forward from the previous period14P€11k€9k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 3Filings 8

2025

20-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

18-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity quadruplescurrent ratio 9.76

Current ratio from 2.72 to 9.76; short-term debt falls from €2k to €602.

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

25-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

19-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 19 days late

2019

31-12

Financial Back to profitnet €9k

Net result €9k after one loss-making year.

31-12

Financial Liquidity times 5current ratio 1.18

Current ratio from 0.22 to 1.18; short-term debt falls from €10k to €9k.

13-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 13 days late

28-03

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 240 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, Brussel

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.

Adrien Bayetlaan 51020 Brussel

Ground area

184 m²

Building footprint

92 m²

Volume, LiDAR

1,149 m³

Parcel 21816G0107/00N000, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21816G0107/00N000	Brussels	184 m²	1 · 92 m²	16.4 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel 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

R & B RENOVATIEWERKEN

BE 0837.665.472

Lille · Eq €12k

Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,493 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-01-2017

Fiscal year end31-12

Activities, NACEBEL

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.