RAGOEN
ActiveSummary
The computed 12-month bankruptcy probability of RAGOEN is 2.8% (moderate). The 2025 annual accounts show equity of €231,664 and a net result of -€184,095. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 35% of 378 sector peers (NACE 42, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Construction of roads and motorways NACE 42110and 1 other
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.007.345.714 1640 Sint-Genesius-Rode, since 01-07-1960
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
- Antoine DelhaizeManaging director
- Yannick DykmansManaging director
- BeGates Invest100%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Gross margin
- €431,776
- ▲ 8.9%
- Turnover
- ≈ €1.0m
- estimated
- Loss
- €184,095
- ▲ 206%
- Equity
- €231,664
- ▼ 44.3%
- Total assets
- €764,933
- ▼ 4.3%
- Employees on 31-12-2025
- 10
- ▲ 42.9%
- 2025 accounts filed 35 days after the deadline
Score breakdownraises riskLoss of €184,095, the second in a row (financial year 2025)Liquidity: current ratio 1.32, cash €32,879Size: 8.7 FTE, total assets €764,933Last filed accounts filed 35 days late; 1 of the last 3 accounts lateShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 42, micro). It does better than 35% of them on solvency, 11% on liquidity, 5% on profitability and 12% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 2 directors appointed, 3 directors resigningResignations: Michel Fruy, Donald Fruy and Sydney Fruy · Appointments: Antoine Delhaize (managing director) and Yannick Dykmans (managing director)
- · Gazette deed Company renamed from Ets Victor RAGOEN to RAGOENReappointments: FRUY Michel, FRUY Sydney Johnny Nicolas and FRUY Donald Jacques François · “Het vervaardigen, installeren, transporteren en verhandelen van alle producten met betrekking tot metalen…” (deed in Dutch)
Comparable companies
These companies have the same main activity as RAGOEN: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €598,000 and €976,000, founded between 1974 and 1986.
| Company | Total assets | Gross margin |
|---|---|---|
| RAGOEN Sint-Genesius-Rode | €764,933 | €431,776 |
| B.M.V. Begijnendijk | €713,216 | €430,179 |
| VANDEPUTTE WEGEN-, RIOLERING-, EN OMGEVINGSWERKEN Kortrijk | €976,310 | €442,597 |
| FIRMA FRANS VERSTRAETE EN ZONEN Oostrozebeke | €888,240 | €502,568 |
| Adriaenssen Bestratingswerken Beerse | €709,116 | €444,140 |
| Entreprises HALLOY Rochefort | €700,560 | €610,034 |
| TRAFFIC SIGNS Beringen | €598,342 | €715,138 |
Key facts about RAGOEN
- What is the company number of RAGOEN?
- The company number of RAGOEN is 0405.869.378. The VAT number is the same number with BE in front: BE 0405.869.378.
- Where is RAGOEN based?
- The registered office is at Stationsstraat 80, 1640 Sint-Genesius-Rode.Company details
- What does RAGOEN do?
- According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
- What is the legal form of RAGOEN?
- The legal form of RAGOEN is Public limited company (NV).
- When was RAGOEN founded?
- RAGOEN was founded on 01-01-1968.
- Is RAGOEN still active?
- Yes, RAGOEN is an active enterprise in the KBO register.
- How many employees does RAGOEN have?
- RAGOEN had an average of 8.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does RAGOEN fall under?
- In its 2025 annual accounts, RAGOEN states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of RAGOEN?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €431,776 and 2,281 comparable companies of the same size. It probably lies between €610,000 and €1.7m. It is a rough estimate.
- Is RAGOEN profitable?
- In financial year 2025, RAGOEN made a loss of €184,095.
- Where can I find the annual accounts of RAGOEN?
- RAGOEN filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RAGOEN due?
- RAGOEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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