RAHMAT
ActiveSummary
RAHMAT has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €21,372 and a net result of €1,353. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability57=
Solvency96▲+2
Growth57▲+2
Track record84
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.57 against 3.14 in 2023; short-term debt: 24.1% and cash: 38.1% of total assets), and 29.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
70.9%
Return on assets
4.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
5 d late
2023
53 d early
2022
21 d late
2021
43 d late
2020
31 d late
2019
418 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 78 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Strikeout withdrawalStrikeout initial
History
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Financials · fiscal year 2024, micro schema
Turnover
€340,766▲ 14.3%
2023 · €298,167
EBIT margin
0.6%▼ 0.1pp
2023 · 0.7%
Net result
€1,353▲ 13.9%
2023 · €1,188
Working capital
€18,654▲ 15.1%
2023 · €16,211
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€234,347€288,196▲ 23.0%€266,684▼ 7.5%€298,167▲ 11.8%€340,766▲ 14.3%
Operating result-€4,096€11,544€5,971▼ 48.3%€2,183▼ 63.4%€2,116▼ 3.0%
Net result-€2,623below the sector's middle half€2,738within the sector's middle half€5,569within the sector's middle half▲ 103%€1,188within the sector's middle half▼ 78.7%€1,353within the sector's middle half▲ 13.9%
EBIT margin-1.7%4.0%▲ 5.8pp2.2%▼ 1.8pp0.7%▼ 1.5pp0.6%▼ 0.1pp
Equity€10,524within the sector's middle half▼ 20.0%€13,261within the sector's middle half▲ 26.0%€18,831within the sector's middle half▲ 42.0%€20,018within the sector's middle half▲ 6.3%€21,372within the sector's middle half▲ 6.8%
Total assets€15,785below the sector's middle half▼ 43.4%€15,258below the sector's middle half▼ 3.3%€23,546below the sector's middle half▲ 54.3%€29,037below the sector's middle half▲ 23.3%€30,127below the sector's middle half▲ 3.8%
Debt€5,261▼ 64.3%€1,997▼ 62.0%€4,715▲ 136%€9,019▲ 91.3%€8,755▼ 2.9%
Working capital€8,977within the sector's middle half▼ 20.2%€12,061within the sector's middle half▲ 34.4%€17,677within the sector's middle half▲ 46.6%€16,211within the sector's middle half▼ 8.3%€18,654within the sector's middle half▲ 15.1%
Solvency66.7%above the sector's middle half▲ 19.5pp86.9%above the sector's middle half▲ 20.2pp80.0%above the sector's middle half▼ 6.9pp68.9%above the sector's middle half▼ 11.0pp70.9%above the sector's middle half▲ 2.0pp
Current ratio2.71above the sector's middle half▲ 0.947.04above the sector's middle half▲ 4.335.61above the sector's middle half▼ 1.433.14above the sector's middle half▼ 2.483.57above the sector's middle half▲ 0.43
Return on assets (ROA)-16.6%below the sector's middle half▼ 25.9pp17.9%above the sector's middle half▲ 34.6pp23.7%above the sector's middle half▲ 5.7pp4.1%within the sector's middle half▼ 19.6pp4.5%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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
The operating result has fallen three years in a row; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30,127
Fixed assets
€4,208 ▼ 19.8%
Current assets
€25,919 ▲ 8.9%
Equity and liabilities €30,127
Equity
€21,372 ▲ 6.8%
Debt
€8,755 ▼ 2.9%
Debt's share of the balance-sheet total falls from 31.1% to 29.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3,156▲
2023 · €3,057
Cash flow
€2,393▲
2023 · €2,062
Quick ratio
1.83▲
2023 · 0.65
Debt to equity
0.41▼
2023 · 0.45
ROE
6.3%▲
2023 · 5.9%
Interest coverage
18.34▼
2023 · 41.96
Debt ≤ 1 year
€7,265▼
2023 · €7,579
Income taxes
€592▼
2023 · €922
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 5,048 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €234,347 | €288,196 | €266,684 | €298,167 | €340,766 | ▲ 14.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €276,937 | €260,996 | €295,378 | €339,269 | ▲ 14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €347 | €347 | €53 | €874 | €1,040 | ▲ 18.9% |
| Other operating charges640/8 | - | €568 | €863 | €932 | €741 | ▼ 20.5% |
| Gross operating margin9900 | -€3,460 | €12,459 | €6,888 | €3,989 | €3,897 | ▼ 2.3% |
| Operating profit (loss)9901 | -€4,096 | €11,544 | €5,971 | €2,183 | €2,116 | ▼ 3.0% |
| Financial income75/76B | - | - | - | - | €1 | - |
| Recurring financial income75 | €1,618 | - | - | - | €1 | - |
| Financial charges65/66B | - | €8,604 | €172 | €73 | €172 | ▲ 136% |
| Recurring financial charges65 | €145 | €161 | €172 | €73 | €172 | ▲ 136% |
| Non-recurring financial charges66B | - | €8,443 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€2,623 | €2,940 | €5,799 | €2,110 | €1,945 | ▼ 7.8% |
| Income taxes67/77 | - | €203 | €230 | €922 | €592 | ▼ 35.8% |
| Profit (loss) for the period9904 | -€2,623 | €2,738 | €5,569 | €1,188 | €1,353 | ▲ 13.9% |
| Profit (loss) for the period to be appropriated9905 | -€2,623 | €2,738 | €5,569 | €1,188 | €1,353 | ▲ 13.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15,785 | €15,258 | €23,546 | €29,037 | €30,127 | ▲ 3.8% |
| Fixed assets21/28 | €1,547 | €1,200 | €2,039 | €5,248 | €4,208 | ▼ 19.8% |
| Tangible fixed assets22/27 | €347 | - | €839 | €4,048 | €3,008 | ▼ 25.7% |
| Furniture and vehicles24 | - | - | €839 | €616 | €393 | ▼ 36.2% |
| Other tangible fixed assets26 | - | - | - | €3,432 | €2,615 | ▼ 23.8% |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | €1,200 | €1,200 | = |
| Current assets29/58 | €14,238 | €14,058 | €21,507 | €23,790 | €25,919 | ▲ 8.9% |
| Stocks and contracts in progress3 | €1,000 | €1,306 | €16,243 | €18,874 | €12,615 | ▼ 33.2% |
| Stocks30/36 | - | €1,306 | €16,243 | €18,874 | €12,615 | ▼ 33.2% |
| Amounts receivable within one year40/41 | €7,710 | €500 | - | €3,706 | €332 | ▼ 91.0% |
| Trade receivables40 | - | €500 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €3,706 | €332 | ▼ 91.0% |
| Cash at bank and in hand54/58 | €1,164 | €12,252 | €4,886 | €1,210 | €11,472 | ▲ 848% |
| Deferred charges and accrued income490/1 | - | - | €379 | - | €1,500 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15,785 | €15,258 | €23,546 | €29,037 | €30,127 | ▲ 3.8% |
| Equity10/15 | €10,524 | €13,261 | €18,831 | €20,018 | €21,372 | ▲ 6.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | - | €620 | €620 | €620 | €620 | = |
| Profit (loss) carried forward14 | €3,704 | €6,441 | €12,011 | €13,198 | €14,552 | ▲ 10.3% |
| Amounts payable17/49 | €5,261 | €1,997 | €4,715 | €9,019 | €8,755 | ▼ 2.9% |
| Amounts payable within one year42/48 | €5,261 | €1,997 | €3,830 | €7,579 | €7,265 | ▼ 4.1% |
| Trade debts44 | €3,427 | €540 | €3,518 | €6,476 | €6,231 | ▼ 3.8% |
| Suppliers440/4 | - | €540 | €3,518 | €6,476 | €6,231 | ▼ 3.8% |
| Taxes, remuneration and social security45 | - | €1,457 | €312 | €1,102 | €1,034 | ▼ 6.2% |
| Taxes450/3 | - | €1,457 | €312 | €1,102 | €1,034 | ▼ 6.2% |
| Accrued charges and deferred income492/3 | - | - | €885 | €1,440 | €1,490 | ▲ 3.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,623 | €2,738 | €5,569 | €1,188 | €1,353 | ▲ 13.9% |
| + Depreciation and write-downs630 | €347 | €347 | €53 | €874 | €1,040 | ▲ 18.9% |
| Operating cash flow (approximation) | -€2,277 | €3,084 | €5,622 | €2,062 | €2,393 | ▲ 16.1% |
| Investment in fixed assets (approximation) | - | €0 | -€892 | -€4,083 | €0 | ▲ 100% |
| Change in cash | - | €11,088 | -€7,367 | -€3,676 | €10,262 | ▲ 379% |
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
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Highest result since 2018net €5,569 ▲103%
Net result €5,569, the highest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
31-12
Financial
Back to profitnet €2,738
Net result €2,738 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.04
Current ratio from 2.71 to 7.04; short-term debt falls from €5,261 to €1,997.
11-10
KBO administration
Strikeout withdrawal
event 22-09-2021
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 418 days late
22-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 784 days late
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1149 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
12-07
KBO administration
Strikeout initial
event 29-06-2021
2020
31-12
Financial
Weakest financial yearnet -€2,623
Net result drops to -€2,623, the lowest in the series; recovery starts the following year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oostende · 1 establishment unit since 2016
Ground area
81 m²
Building footprint
81 m²
Volume, LiDAR
933 m³
Parcel 35386D0035/00F003, Flanders · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RAHMAT
since 20162.258.941.047
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35386D0035/00F003 | Flanders | 81 m² | 1 · 81 m² | 16.4 m · 5 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.258.941.047
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Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 4,197 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
Founded25-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
47559Retail sale of other household articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0664959645
Also
9925:BE0664959645
Registered
02-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.