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RAFTI TECH

Active
Private limited companyfounded 201313 yrs activeRue de la Gendarmerie 11, 4560 Clavier, BelgiumKBO/BCE: BE 0524.909.857
Summary

RAFTI TECH has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,526 and a net result of -€654. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 1012 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability68▼-12
Solvency73▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.15 in 2024; short-term debt: 25.6% and cash: 14% of total assets), and 51.6% of the assets are financed with debt.
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Signals

Five 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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Solvency, return and age of the figures
Solvency
48.4%
Return on assets
-0.5%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
86 d early
2023
47 d early
2022
71 d early
2021
42 d early
2020
4 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed 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 15 June (4 of the last 5 filed years within 40 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

RAFTI TECH was incorporated on 28 March 2013.1 Total assets rose from EUR 83,915 in 2018 to EUR 135,425 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€65,526▼ 1.0%
2024 · €66,180
Total assets
€135,425▲ 9.7%
2024 · €123,453
Net result
-€654
2024 · €11,143
Working capital
€8,869▲ 52.8%
2024 · €5,805
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,082▲ 129%€9,309▼ 38.3%-€8,405€16,005€1,219▼ 92.4%
Net result€11,265within the sector's middle half▲ 156%€5,698within the sector's middle half▼ 49.4%-€10,276below the sector's middle half€11,143within the sector's middle half-€654below the sector's middle half
Equity€68,915within the sector's middle half▲ 19.5%€74,613within the sector's middle half▲ 8.3%€64,337within the sector's middle half▼ 13.8%€66,180within the sector's middle half▲ 2.9%€65,526within the sector's middle half▼ 1.0%
Total assets€137,456within the sector's middle half▲ 87.1%€125,016within the sector's middle half▼ 9.0%€123,635within the sector's middle half▼ 1.1%€123,453within the sector's middle half▼ 0.1%€135,425within the sector's middle half▲ 9.7%
Debt€68,540▲ 334%€50,403▼ 26.5%€59,298▲ 17.6%€57,274▼ 3.4%€69,900▲ 22.0%
Working capital€26,439within the sector's middle half▲ 0.6%€39,211within the sector's middle half▲ 48.3%€6,352within the sector's middle half▼ 83.8%€5,805within the sector's middle half▼ 8.6%€8,869within the sector's middle half▲ 52.8%
Solvency50.1%within the sector's middle half▼ 28.3pp59.7%within the sector's middle half▲ 9.5pp52.0%within the sector's middle half▼ 7.6pp53.6%within the sector's middle half▲ 1.6pp48.4%within the sector's middle half▼ 5.2pp
Current ratio2.08within the sector's middle half▼ 0.663.16above the sector's middle half▲ 1.081.30within the sector's middle half▼ 1.861.15within the sector's middle half▼ 0.151.26within the sector's middle half▲ 0.10
Return on assets (ROA)8.2%within the sector's middle half▲ 2.2pp4.6%within the sector's middle half▼ 3.6pp-8.3%below the sector's middle half▼ 12.9pp9.0%within the sector's middle half▲ 17.3pp-0.5%below the sector's middle half▼ 9.5pp
above within below the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €15,082€15,082Net result 2021: €11,265€11,265Operating result 2022: €9,309€9,309Net result 2022: €5,698€5,698Operating result 2023: -€8,405-€8,405Net result 2023: -€10,276-€10,276Operating result 2024: €16,005€16,005Net result 2024: €11,143€11,143Operating result 2025: €1,219€1,219Net result 2025: -€654-€65420212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: -€8,405-€8,410Net result 2023: -€10,276-€10,300Operating result 2024: €16,005€16,000Net result 2024: €11,143€11,100Operating result 2025: €1,219€1,220Net result 2025: -€654-€654202320242025
The operating result falls in 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135,425
Fixed assets €91,899 ▲ 15.2%
Current assets €43,526 ▼ 0.3%
Equity and liabilities €135,425
Equity €65,526 ▼ 1.0%
Debt €69,900 ▲ 22.0%
Debt's share of the balance-sheet total rises from 46.4% to 51.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,968▼
2024 · €39,969
Cash flow
€28,095▼
2024 · €35,106
Debt to equity
1.07▲
2024 · 0.87
ROE
-1.0%▼
2024 · 16.8%
Interest coverage
22.16▼
2024 · 22.75
Debt ≤ 1 year
€34,657▼
2024 · €37,872
Debt > 1 year
€35,243▲
2024 · €19,402
Income taxes
€520▼
2024 · €3,106
Staff costs
€5
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€123,453€135,425▲
Fixed assets21/28€79,776€91,899▲
Tangible fixed assets22/27€67,046€79,169▲
Plant, machinery and equipment23€21,188€54,296▲
Furniture and vehicles24€13,530€5,930▼
Leasing and similar rights25€32,328€18,944▼
Financial fixed assets28€12,730€12,730=
Current assets29/58€43,677€43,526▼
Amounts receivable within one year40/41€22,943€24,534▲
Trade receivables40€14,542€15,132▲
Other amounts receivable41€8,401€9,401▲
Cash at bank and in hand54/58€20,735€18,992▼
Equity and liabilities
Total equity and liabilities10/49€123,453€135,425▲
Equity10/15€66,180€65,526▼
Contributions10/11€20,000€20,000=
Reserves13€34,300€34,300=
Distributable reserves133€34,300€34,300=
Profit (loss) carried forward14€11,880€11,226▼
Amounts payable17/49€57,274€69,900▲
Amounts payable after more than one year17€19,402€35,243▲
Financial debts170/4€19,402€35,243▲
Amounts payable within one year42/48€37,872€34,657▼
Current portion of amounts payable after more than one year42€18,862€17,837▼
Trade debts44€6,163€6,034▼
Suppliers440/4€6,163€6,034▼
Taxes, remuneration and social security45€106-
Taxes450/3€106-
Other amounts payable47/48€12,741€10,786▼
Income statement Code20242025
Remuneration, social security and pensions62-€5
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,963€28,749▲
Other operating charges640/8€4,527€1,997▼
Gross operating margin9900€44,496€31,970▼
Operating profit (loss)9901€16,005€1,219▼
Financial charges65/66B€1,757€1,352▼
Recurring financial charges65€1,757€1,352▼
Profit (loss) for the period before taxes9903€14,249-€133▼
Income taxes67/77€3,106€520▼
Profit (loss) for the period9904€11,143-€654▼
Profit (loss) for the period to be appropriated9905€11,143-€654▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,880€11,226▼
Profit (loss) brought forward from the previous period14P€11,737€11,880▲
Transfer from equity791/2€9,300-
Transfer to equity691/2€11,000-
To other reserves6921€11,000-
Profit to be distributed694/7€9,300-
Return on contributions (dividend)694€9,300-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62----€5-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,023€18,889€26,327€23,963€28,749▲ 20.0%
Other operating charges640/8€576€445€735€4,527€1,997▼ 55.9%
Gross operating margin9900€27,681€28,642€18,657€44,496€31,970▼ 28.2%
Operating profit (loss)9901€15,082€9,309-€8,405€16,005€1,219▼ 92.4%
Financial charges65/66B€1,088€759€1,805€1,757€1,352▼ 23.0%
Recurring financial charges65€1,088€759€1,805€1,757€1,352▼ 23.0%
Profit (loss) for the period before taxes9903€13,993€8,550-€10,211€14,249-€133▼ 101%
Income taxes67/77€2,729€2,852€66€3,106€520▼ 83.2%
Profit (loss) for the period9904€11,265€5,698-€10,276€11,143-€654▼ 106%
Profit (loss) for the period to be appropriated9905€11,265€5,698-€10,276€11,143-€654▼ 106%
Line20212022202320242025Change
Assets
Total assets20/58€137,456€125,016€123,635€123,453€135,425▲ 9.7%
Fixed assets21/28€86,575€67,686€96,249€79,776€91,899▲ 15.2%
Tangible fixed assets22/27€73,940€55,051€83,614€67,046€79,169▲ 18.1%
Plant, machinery and equipment23€10,052€4,998€9,067€21,188€54,296▲ 156%
Furniture and vehicles24€36,330€28,730€28,834€13,530€5,930▼ 56.2%
Leasing and similar rights25€27,558€21,323€45,712€32,328€18,944▼ 41.4%
Financial fixed assets28€12,635€12,635€12,635€12,730€12,730=
Current assets29/58€50,881€57,330€27,386€43,677€43,526▼ 0.3%
Amounts receivable within one year40/41€32,123€25,316€16,569€22,943€24,534▲ 6.9%
Trade receivables40€15,860€21,238€14,088€14,542€15,132▲ 4.1%
Other amounts receivable41€16,262€4,078€2,482€8,401€9,401▲ 11.9%
Cash at bank and in hand54/58€18,114€31,350€10,134€20,735€18,992▼ 8.4%
Deferred charges and accrued income490/1€644€664€682---
Equity and liabilities
Total equity and liabilities10/49€137,456€125,016€123,635€123,453€135,425▲ 9.7%
Equity10/15€68,915€74,613€64,337€66,180€65,526▼ 1.0%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Reserves13€26,910€32,600€32,600€34,300€34,300=
Non-distributable reserves130/1€2,000€2,000----
Reserves not available under the articles1311€2,000€2,000----
Distributable reserves133€24,910€30,600€32,600€34,300€34,300=
Profit (loss) carried forward14€22,005€22,013€11,737€11,880€11,226▼ 5.5%
Amounts payable17/49€68,540€50,403€59,298€57,274€69,900▲ 22.0%
Amounts payable after more than one year17€44,098€32,284€38,264€19,402€35,243▲ 81.6%
Financial debts170/4€44,098€32,284€38,264€19,402€35,243▲ 81.6%
Amounts payable within one year42/48€24,442€18,119€21,035€37,872€34,657▼ 8.5%
Current portion of amounts payable after more than one year42€12,444€11,814€16,356€18,862€17,837▼ 5.4%
Trade debts44€10,186€4,169€2,736€6,163€6,034▼ 2.1%
Suppliers440/4€10,186€4,169€2,736€6,163€6,034▼ 2.1%
Taxes, remuneration and social security45--€66€106--
Taxes450/3--€66€106--
Other amounts payable47/48€1,812€2,137€1,876€12,741€10,786▼ 15.3%
Line20212022202320242025Change
Profit (loss) for the period9904€11,265€5,698-€10,276€11,143-€654▼ 106%
+ Depreciation and write-downs630€12,023€18,889€26,327€23,963€28,749▲ 20.0%
Operating cash flow (approximation)€23,288€24,586€16,051€35,106€28,095▼ 20.0%
Investment in fixed assets (approximation)-€0-€54,890-€7,491-€40,872▼ 446%
Change in cash-€13,236-€21,216€10,600-€1,743▼ 116%

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
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
06-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €11,143
Net result €11,143 after one loss-making year.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€10,276
Net result drops to -€10,276, the lowest in the series; recovery starts the following year.
21-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €11,265 ▲156%
Net result €11,265, the highest in the series.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Clavier · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
1,673 m²
Building footprint
151 m²
Parcel 61012I0091/00L000, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
RAFTI TECH
Rue de la Gendarmerie 11, 4560 ClavierSupport activities for crop production
since 20132.218.069.405
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61012I0091/00L000 Wallonia 1,673 m² 1 · 151 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of RAFTI TECH and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 699 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
E-invoicing
Reachable via Peppol
Peppol ID 0208:0524909857
Also 9925:BE0524909857
Registered 24-09-2025

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

Register as of 30 September 2026 · Peppol Directory

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