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RAGAI EXPRESS

Active
Private limited companyfounded 2014active for 12 yearsOudevaartplaats 36, 2000 Antwerpen, BelgiumKBO/BCE: BE 0561.985.930
Summary

RAGAI EXPRESS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,424 and a net result of €14,866. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 91% of 22,536 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
RAGAI EXPRESSActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
2 sites
Size
€151,211total assets 2025
Equity
€128,424
Profit
€14,866
Turnover not published (micro format)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts filed 27 days late3 of 19 deeds summarised
Why 86raises riskLast filed accounts filed 27 days late; 2 of the last 3 lateSize: total assets €151,211lowers riskFounded in 2014Liquidity: current ratio 6.30, cash €23,683Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 84.9% of total assets
Liquidity 66+1
short-term debt 15.1% · cash 15.7%
Profitability 60-26
return on assets 9.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,222 companies, NACE 47, micro)
Last 24 months 11-2024: 4.4%highest value 12-2024: 0.7%▼ -3.7 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.6%▼ -0.1 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 1.6%▲ +0.5 percentage points vs 09-2025 11-2025: 1.7%▲ +0.1 percentage points vs 10-2025 12-2025: 2.4%▲ +0.7 percentage points vs 11-2025 01-2026: 3.7%▲ +1.3 percentage points vs 12-2025 02-2026: 1.3%▼ -2.4 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.0%▼ -0.3 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 0.4%▼ -1.0 percentage point vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.3, compared with 7.4 in 2024, above the usual 1.5; short-term debt: 15.1% and cash: 15.7% of total assets), and 15.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 73% on liquidity, 43% on profitability and 65% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 27 days late; 2 of the last 3 late
NBB · filings
raises risk · Size: total assets €151,211
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 6.30, cash €23,683
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
152 days late
2023
92 days late
2022
213 days late
2021
120 days late
2020
31 days late
2019
63 days late
← 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 100 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 November (5 of the last 5 filed years within 93 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignations: Iskender Mehmet (director) and Hossan…Gazette deed
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 9% on solvencysector median 33.3% · 22,536 companies 84.9% View
  • Positive: 8 profitable years in a rowprofit 2025: €14,866 8 years View
  • Directors leftlatest change 14-07-2026 · 3 in office 2 left View

By topic

Financials

Financial year
2025
Total assets
€151,211
Profit
€14,866
Solvency
84.9%
Total assets▲ 16.3%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Mohammad Omar FARUQUEDirector
  • Mosammat Hasina AKTERDirector
  • SAHADAT HossanDirector
Go to Board & ownership

Timeline

Events
16
Since
2016
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €100,000
  2. 31-10-2024Annual accounts filed
  3. 29-02-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
05-09-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Purpose
“Import en export, groot- en kleinhandel in Algemene voedingswaren, huishoudartikelen…” (deed in Dutch)
Go to Articles of association

Key facts about RAGAI EXPRESS

What is the company number of RAGAI EXPRESS?
0561.985.930. In Belgium the VAT number is the company number with BE in front: BE 0561.985.930.
Where is RAGAI EXPRESS based?
The registered office is at Oudevaartplaats 36, 2000 Antwerpen.Company details
What does RAGAI EXPRESS do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of RAGAI EXPRESS?
Private limited company (BV).
When was RAGAI EXPRESS founded?
On 05-09-2014.
Is RAGAI EXPRESS still active?
Yes, RAGAI EXPRESS is an active enterprise in the KBO register.
What is the turnover of RAGAI EXPRESS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RAGAI EXPRESS profitable?
In financial year 2025, RAGAI EXPRESS made a profit of €14,866.
Where can I find the annual accounts of RAGAI EXPRESS?
RAGAI EXPRESS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RAGAI EXPRESS due?
By 31-07-2027, for financial year 2026.Timeline

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