RAIL TECHNICAL SUPPORT
The computed 12-month bankruptcy probability of RAIL TECHNICAL SUPPORT is 2.1% (moderate). The 2024 annual accounts show equity of €76k and a net result of €41k. Equity is growing by ~60.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 656 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €76k |
| Net result | €41k |
| Staff (FTE) | 4.5 |
| Better than sector | 46% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.1% | 42.7% | |
| Net result | €41k | €14k | |
| Equity | €76k | €39k | |
| Gross operating margin | €255k | €34k | |
| Staff costs | €191k | €18k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €64k |
| Net profit | €41k |
| Cash flow | €42k |
| Staff costs | €191k |
| Income taxes | €21k |
| Dividends | - |
| Total assets | €189k |
| Equity | €76k |
| Debt | €113k |
| of which ≤ 1y | €113k |
| of which > 1y | - |
| Working capital | €75k |
| Employees (FTE) | 4.5 |
| 2024 | |
|---|---|
| Current ratio | 1.66 |
| Quick ratio | 1.66 |
| Working capital ratio | 39.4% |
| Solvency | 40.1% |
| Debt / equity | 1.49 |
| Long-term debt ratio | - |
| Interest coverage | 197.94 |
| Gross margin | - |
| Net margin | - |
| ROA | 21.5% |
| ROE | 53.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €189k |
| Fixed assets | 21/28 | €1k |
| Intangible fixed assets | 21 | €1k |
| Tangible fixed assets | 22/27 | €40 |
| Current assets | 29/58 | €188k |
| Amounts receivable within one year | 40/41 | €86k |
| Cash & bank | 54/58 | €95k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €189k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €60k |
| Reserves | 13 | €16k |
| Amounts payable | 17/49 | €113k |
| Amounts payable within one year | 42/48 | €113k |
| Trade debts payable within one year | 44 | €22k |
| Income statement | ||
| Gross operating margin | 9900 | €255k |
| Operating result | 9901 | €63k |
| Financial income | 75 | €9 |
| Financial charges | 65 | €323 |
| Result before taxes | 9903 | €62k |
| Income taxes | 67/77 | €21k |
| Net result for the period | 9904 | €41k |
| Result to be appropriated | 9905 | €41k |
| NACE primary | 33170 |
| Legal form | Private limited company(610) |
| Incorporation | 31-08-2021 |
| Status | Active |
| Postal code | 2018 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1298/00C000 | Flanders | 3,154 m² | 2 · 1,145 m² | 51.5 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-07-2024 Registered office moved within Antwerpen
- De Keyserlei 58-60 bus 19 2018 Antwerpen → De Keyserlei 60C bus 1301 2018 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_administratif",
"new_address": {
"raw": "De Keyserlei 60C bus 1301 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "De Keyserlei",
"country": "BE",
"postcode": "2018",
"box_number": "13",
"street_number": "60C",
"locality_suffix": null
},
"old_address": {
"raw": "De Keyserlei 58-60 bus 19 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "De Keyserlei",
"country": "BE",
"postcode": "2018",
"box_number": "19",
"street_number": "58-60",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "et adres zal vanaf heden gewijzigd worden naar De Keyserlei 60C bus 1301 2018 Antwerpen.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "werkelijke",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-07-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-07-11",
"unanimous": null
},
"subject_company": {
"kbo": "0773.361.006",
"name_full": "RAIL TECHNICAL SUPPORT",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jawad Migo",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}28-10-2022 Registered office moved within Antwerpen
- Borsbeeksebrug 34 bus Post X te 2600 Antwerpen → De Keyserlei 58-60 bus 19 te 2018 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "De Keyserlei 58-60 bus 19 te 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "De Keyserlei",
"country": "BE",
"postcode": "2018",
"box_number": "19",
"street_number": "58-60",
"locality_suffix": null
},
"old_address": {
"raw": "Borsbeeksebrug 34 bus Post X te 2600 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Borsbeeksebrug",
"country": "BE",
"postcode": "2600",
"box_number": "Post X",
"street_number": "34",
"locality_suffix": null
},
"effective_date": "2022-10-31",
"evidence_quote": "Het bestuursorgaan beslist om met ingang vanaf 31/10/2022 de zetel te verplaatsen naar \u0022De Keyserlei 58-60 bus 19 te 2018 Antwerpen\u0022.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-10-28",
"filing_date": "2022-10-13",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-10-04",
"unanimous": null
},
"subject_company": {
"kbo": "0773.361.006",
"name_full": "RAIL TECHNICAL SUPPORT",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Migo Jawad",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | RAIL TECHNICAL SUPPORT |