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Ragolle Rugs

Active
Public limited companyfounded 2012active for 14 yearsMaalbeekstraat 1, 8790 Waregem, BelgiumKBO/BCE: BE 0849.622.505

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Ragolle Rugs has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €16.1m and a net result of €891,951. Equity has been stable since 2018 (±1.3% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Ragolle RugsActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 15-10-2012 Normal situation
Legal form
Public limited company
Registered office
Maalbeekstraat 1, 8790 Waregem
Activity
Manufacture of textiles NACE 13930and 2 others
Establishment unit
2.219.744.337 8790 Waregem, since 01-03-2013
Financial year end
31 March
Peppol
Reachable
Company details

Board and ownership

Board
  • KaatsDirector · since 25-09-2025 · permanent representative Katrien Vandenbroucke
  • Victoria Midco Holdings Ltd.Director · since 25-09-2025 · permanent representative Roberto Moreno
Auditor
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
Shareholders
Board & ownership

Financial position

95 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Turnover
€36.4m
▼ 1.7%
Profit
€891,951
▲ 30.2%
Equity
€16.1m
=
Total assets
€24.4m
▼ 0.3%
Staff
148 FTE
▼ 1.8%
2026 accounts filed 31 days before the deadline
Filed on 30-09-2026at the National Bank
Financials
Score breakdownlowers riskLiquidity: current ratio 3.01, cash €4.5mEquity €16.1m (66.0% of total assets)Figures for financial year 2026 (filed on 03-10-2026)Sector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of medium-sized companies in textiles (NACE 13)
Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Strong
Solvency 91=
equity 66.0% of total assets
Liquidity 60+9
short-term debt 31.9% · cash 18.6%
Profitability 63+2
return on assets 3.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (55 companies, NACE 13, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €1,500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.01 (3.04 in 2025), above the usual 1.5. Short-term debt is 31.9% and cash 18.6% of total assets. 34% of the assets are financed with debt and provisions.
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 13, medium-sized). It does better than 67% of them on solvency, 85% on liquidity, 55% on profitability and 46% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.01, cash €4.5m
NBB · annual accounts
lowers risk · Equity €16.1m (66.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 03-10-2026)
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-09-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
31 days early
2025
17 days early
2024
31 days early
2023
25 days early
2021
53 days early
2020
33 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 3 October (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7th largest employer in Waregem, Manufacturing sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €891,951 8 years View
  • A director leftlatest change 10-07-2026 · 2 in office 1 left View
  • Positive: Result rose in 2026from €685,213 to €891,951 ▲ 30.2% View

Documents

Annual accounts at the NBB

All 13 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Ragolle Rugs

What is the company number of Ragolle Rugs?
The company number of Ragolle Rugs is 0849.622.505. The VAT number is the same number with BE in front: BE 0849.622.505.
Where is Ragolle Rugs based?
The registered office is at Maalbeekstraat 1, 8790 Waregem.Company details
What does Ragolle Rugs do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13930).
What is the legal form of Ragolle Rugs?
The legal form of Ragolle Rugs is Public limited company (NV).
When was Ragolle Rugs founded?
Ragolle Rugs was founded on 15-10-2012.
Is Ragolle Rugs still active?
Yes, Ragolle Rugs is an active enterprise in the KBO register.
How many employees does Ragolle Rugs have?
Ragolle Rugs had an average of 148 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of Ragolle Rugs?
The turnover of Ragolle Rugs was €36.4m in financial year 2026, according to the filed annual accounts.
Is Ragolle Rugs profitable?
In financial year 2026, Ragolle Rugs made a profit of €891,951.
Where can I find the annual accounts of Ragolle Rugs?
Ragolle Rugs filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of Ragolle Rugs due?
Ragolle Rugs must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Companies linked to Ragolle Rugs

Comparable companies

These companies have the same main activity as Ragolle Rugs: manufacture of textiles (NACE 13930). They are comparable in size and age: total assets between €3.3m and €15m, founded between 1997 and 2010.

CompanyTotal assetsTurnover
Ragolle Rugs Waregem€24.4m€36.4m
MODULYSS Zele€15.1m€51.8m
LE TISSAGE Mouscron€12.7m€26.3m
EMPIRE-CARPETS INTERNATIONAL Harelbeke€5.4m-
Auria Solutions Belgium Grobbendonk€12.0m€27.3m
DE POORTERE FRERES Mouscron€3.3m€4.7m
DE POORTERE DECO Mouscron€11.8m€8.3m
Full comparison

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