RAHET
ActiveSummary
The computed 12-month bankruptcy probability of RAHET is 1.8% (moderate). The 2024 annual accounts show equity of €279k and a net result of €-9k. Equity remains stable across the filed fiscal years (±2.3% per year). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability16▲+16
Solvency85▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.0 in 2023; short-term debt: 40.5% and cash: 0.5% of total assets), and 40.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
59.5%
Return on assets
-1.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
28 d early
2022
62 d early
2021
26 d late
2020
184 d early
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▲ 89.2%
2023 · €-80k
2018: €-1k
2019: €-2k▼ -71.8% vs 2018
2020: €-393▲ +79.4% vs 2019highest in 7 years
2021: €-700▼ -78.2% vs 2020
2022: €-3k▼ -344% vs 2021
2023: €-80k▼ -2464% vs 2022lowest in 7 years
2024: €-9k▲ +89.2% vs 2023
2018 → 2024
Working capital
€-187k▼ 4.7%
2023 · €-179k
2018: €-34khighest in 7 years
2019: €-36k▼ -5.6% vs 2018
2020: €-36k▼ -1.1% vs 2019
2021: €-37k▼ -1.9% vs 2020
2022: €-40k▼ -8.4% vs 2021
2023: €-179k▼ -345% vs 2022
2024: €-187k▼ -4.7% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€371k-€370k▼ 0.2%€367k▼ 0.8%€288k▼ 21.7%€279k▼ 3.0%
2020: €371khighest in 5 years
2021: €370k▼ -0.2% vs 2020
2022: €367k▼ -0.8% vs 2021
2023: €288k▼ -21.7% vs 2022
2024: €279k▼ -3.0% vs 2023lowest in 5 years
Operating result€-314-€-622▼ 98.0%€-3k▼ 367%€-79k▼ 2,606%€-6k▲ 92.2%
2020: €-314highest in 5 years
2021: €-622▼ -98.0% vs 2020
2022: €-3k▼ -367% vs 2021
2023: €-79k▼ -2606% vs 2022lowest in 5 years
2024: €-6k▲ +92.2% vs 2023
Net result€-393-€-700▼ 78.2%€-3k▼ 344%€-80k▼ 2,464%€-9k▲ 89.2%
2020: €-393highest in 5 years
2021: €-700▼ -78.2% vs 2020
2022: €-3k▼ -344% vs 2021
2023: €-80k▼ -2464% vs 2022lowest in 5 years
2024: €-9k▲ +89.2% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €79k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €469k
Fixed assets
€466k ▼ 0.1%
Current assets
€3k ▲ 189%
Equity and liabilities €469k
Equity
€279k ▼ 3.0%
Debt
€190k ▲ 5.5%
Debt's share of the balance-sheet total rises from 38.5% to 40.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2023 · €-78k
Cash flow
€-8k▲
2023 · €-79k
Current ratio
0.01▲
2023 · 0.00
Debt to equity
0.68▲
2023 · 0.63
ROE
-3.1%▲
2023 · -27.7%
ROA
-1.8%▲
2023 · -17.0%
Interest coverage
-2.36▲
2023 · -78.51
Debt ≤ 1 year
€190k▲
2023 · €180k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€468k€469k▲
Fixed assets21/28€467k€466k▼
Tangible fixed assets22/27€467k€466k▼
Land and buildings22€467k€466k▼
Current assets29/58€872€3k▲
Amounts receivable within one year40/41€195-
Other amounts receivable41€195-
Cash at bank and in hand54/58€677€3k▲
Equity and liabilities
Total equity and liabilities10/49€468k€469k▲
Equity10/15€288k€279k▼
Contributions10/11€9k€9k=
Revaluation surpluses12€378k€378k=
Reserves13€172k€172k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€170k€170k=
Profit (loss) carried forward14€-271k€-279k▼
Amounts payable17/49€180k€190k▲
Amounts payable within one year42/48€180k€190k▲
Trade debts44€80k€81k▲
Suppliers440/4€80k€81k▲
Other amounts payable47/48€99k€109k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€182€282▲
Other operating charges640/8€449€921▲
Gross operating margin9900€-78k€-5k▲
Operating profit (loss)9901€-79k€-6k▲
Financial charges65/66B€999€2k▲
Recurring financial charges65€999€2k▲
Profit (loss) for the period before taxes9903€-80k€-9k▲
Profit (loss) for the period9904€-80k€-9k▲
Profit (loss) for the period to be appropriated9905€-80k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-271k€-279k▼
Profit (loss) brought forward from the previous period14P€-191k€-271k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €182 | €282 | ▲ 55.3% |
| Other operating charges640/8 | - | €55 | €2k | €449 | €921 | ▲ 105% |
| Gross operating margin9900 | €-260 | €-567 | €-827 | €-78k | €-5k | ▲ 93.7% |
| Operating profit (loss)9901 | €-314 | €-622 | €-3k | €-79k | €-6k | ▲ 92.2% |
| Financial charges65/66B | - | €78 | €199 | €999 | €2k | ▲ 148% |
| Recurring financial charges65 | €79 | €78 | €199 | €999 | €2k | ▲ 148% |
| Profit (loss) for the period before taxes9903 | €-393 | €-700 | €-3k | €-80k | €-9k | ▲ 89.2% |
| Profit (loss) for the period9904 | €-393 | €-700 | €-3k | €-80k | €-9k | ▲ 89.2% |
| Profit (loss) for the period to be appropriated9905 | €-393 | €-700 | €-3k | €-80k | €-9k | ▲ 89.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €411k | €409k | €414k | €468k | €469k | ▲ 0.3% |
| Fixed assets21/28 | €408k | €408k | €408k | €467k | €466k | ▼ 0.1% |
| Tangible fixed assets22/27 | €408k | €408k | €408k | €467k | €466k | ▼ 0.1% |
| Land and buildings22 | - | €408k | €408k | €467k | €466k | ▼ 0.1% |
| Current assets29/58 | €4k | €2k | €6k | €872 | €3k | ▲ 189% |
| Amounts receivable within one year40/41 | €195 | €195 | €5k | €195 | - | - |
| Trade receivables40 | - | - | €5k | - | - | - |
| Other amounts receivable41 | - | €195 | €195 | €195 | - | - |
| Cash at bank and in hand54/58 | €4k | €2k | €1k | €677 | €3k | ▲ 272% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €411k | €409k | €414k | €468k | €469k | ▲ 0.3% |
| Equity10/15 | €371k | €370k | €367k | €288k | €279k | ▼ 3.0% |
| Contributions10/11 | €9k | €9k | €9k | €9k | €9k | = |
| Revaluation surpluses12 | - | €378k | €378k | €378k | €378k | = |
| Reserves13 | €172k | €172k | €172k | €172k | €172k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €170k | €170k | €170k | €170k | = |
| Profit (loss) carried forward14 | €-187k | €-188k | €-191k | €-271k | €-279k | ▼ 3.2% |
| Amounts payable17/49 | €40k | €39k | €46k | €180k | €190k | ▲ 5.5% |
| Amounts payable within one year42/48 | €40k | €39k | €46k | €180k | €190k | ▲ 5.5% |
| Trade debts44 | €5k | €4k | €4k | €80k | €81k | ▲ 0.9% |
| Suppliers440/4 | - | €4k | €4k | €80k | €81k | ▲ 0.9% |
| Other amounts payable47/48 | - | €35k | €42k | €99k | €109k | ▲ 9.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-393 | €-700 | €-3k | €-80k | €-9k | ▲ 89.2% |
| + Depreciation and write-downs630 | - | - | - | €182 | €282 | ▲ 55.3% |
| Operating cash flow (approximation) | €-393 | €-700 | €-3k | €-79k | €-8k | ▲ 89.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-59k | €0 | ▲ 100% |
| Change in cash | - | €-2k | €-500 | €-328 | €2k | ▲ 661% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 34 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 71 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Elsene · 1 establishment unit since 1996
Ground area
702 m²
Building footprint
189 m²
Volume, LiDAR
1,337 m³
2 parcels, Brussels, Wallonia · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
Rue de Barvaux 69, 6941 Durbuy
since 19962.075.860.970
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83008B0315/00F003 | Wallonia | 540 m² | 1 · 87 m² | - |
| 21807G0158/00P000 | Brussels | 161 m² | 1 · 102 m² | 19.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-1996
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.