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Rain Projects

Active
Private limited companyfounded 2022active for 4 yearsMeerdorp 18, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0785.724.843

Financials · financial year 2025, micro format

2025 annual accounts filed 76 days after the deadline Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00558711.

Annual accounts 2025 filed on 15-10-2026 at the NBB all 3 filings

Turnover
≈ €170,000
Estimated: probably between €100,000 and €310,000
Total assets
€101,335▲ 59.9%
2024 · €63,359
Net result
€13,802▲ 12×
2024 · €1,182
Working capital
€36,346▲ 50.4%
2024 · €24,160
Trend over the years

2022 to 2025, 3 financial years

The operating result for 2025 is 8.2 times that of 2024 and the highest since 2022.

Operating result€21,230 2025 Net result€13,802 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220242025
Operating result€19,823-€2,576-€21,230▲ 724%
Net result€16,520within the sector's middle half-€1,182within the sector's middle half-€13,802within the sector's middle half▲ 12×
Equity€20,020within the sector's middle half-€28,176within the sector's middle half-€41,978within the sector's middle half▲ 49.0%
Total assets€71,060within the sector's middle half-€63,359within the sector's middle half-€101,335within the sector's middle half▲ 59.9%
Debt€51,040-€35,182-€59,357▲ 68.7%
Working capital€2,261below the sector's middle half-€24,160within the sector's middle half-€36,346within the sector's middle half▲ 50.4%
Solvency28.2%within the sector's middle half-44.5%within the sector's middle half-41.4%within the sector's middle half▼ 3.0pp
Current ratio1.05below the sector's middle half-1.85within the sector's middle half-1.69within the sector's middle half▼ 0.15
Return on assets (ROA)23.2%above the sector's middle half-1.9%within the sector's middle half-13.6%within the sector's middle half▲ 11.8pp
above within below The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,335
Fixed assets €12,511 ▲ 17.9%
Current assets €88,823 ▲ 68.4%
Equity and liabilities €101,335
Equity €41,978 ▲ 49.0%
Debt €59,357 ▲ 68.7%
Debt's share of the balance-sheet total rises from 55.5% to 58.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,111▲
2024 · €6,834
Cash flow
€18,683▲
2024 · €5,439
Debt to equity
1.41▲
2024 · 1.25
ROE
32.9%▲
2024 · 4.2%
Interest coverage
5.84▼
2024 · 9.58
Debt ≤ 1 year
€52,477▲
2024 · €28,582
Income taxes
€5,124▲
2024 · €794
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Rain Projects: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €80,200 and €124,000, founded between 2021 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Rain Projects Hoogstraten2022€101,335€41,978€42,119€13,8022025
FV PROJECTS Rijkevorsel2022€93,859€33,092€43,927€25,5622025
KH Technics Merksplas2022€106,725€54,713€42,857€7,9122025
Dieter Geysen Wuustwezel2022€123,922€106,108€38,650€17,0162025
Verschueren Service Hoogstraten2022€114,017€96,452€46,944€10,3232025
HEYLEN TECHNICS Grobbendonk2023€95,020€32,428€42,241€11,0622025
Fix-it Smart Solutions Zoersel2021€80,171€2,000€40,814€28,3452025

They were chosen from the 1,415 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as Rain Projects has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of Rain Projects itself is higher: 3.1% within 12 months. It rests on far more data about Rain Projects than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Rain Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 15-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€63,359€101,335▲
Fixed assets21/28€10,616€12,511▲
Tangible fixed assets22/27€10,616€12,511▲
Plant, machinery and equipment23€10,616€9,487▼
Furniture and vehicles24-€3,024
Current assets29/58€52,743€88,823▲
Stocks and contracts in progress3€22,970€0▼
Stocks30/36€16,000€0▼
Contracts in progress37€6,970€0▼
Amounts receivable within one year40/41€27,895€84,246▲
Trade receivables40€21,174€78,172▲
Other amounts receivable41€6,721€6,074▼
Cash at bank and in hand54/58€1,765€3,240▲
Deferred charges and accrued income490/1€112€1,337▲
Equity and liabilities
Total equity and liabilities10/49€63,359€101,335▲
Equity10/15€28,176€41,978▲
Contributions10/11€3,500€3,500=
Reserves13€24,676€38,478▲
Distributable reserves133€24,676€38,478▲
Amounts payable17/49€35,182€59,357▲
Amounts payable within one year42/48€28,582€52,477▲
Trade debts44€9,220€46,535▲
Suppliers440/4€9,220€46,535▲
Taxes, remuneration and social security45€19,363€5,943▼
Taxes450/3€19,363€5,943▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€6,600€6,879▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,257€4,882▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5,969€0▼
Other operating charges640/8€1,901€16,007▲
Gross operating margin9900€14,703€42,119▲
Operating profit (loss)9901€2,576€21,230▲
Financial income75/76B€113€2,167▲
Recurring financial income75€113€2,167▲
Financial charges65/66B€713€4,471▲
Recurring financial charges65€713€4,471▲
Profit (loss) for the period before taxes9903€1,976€18,925▲
Income taxes67/77€794€5,124▲
Profit (loss) for the period9904€1,182€13,802▲
Profit (loss) for the period to be appropriated9905€1,182€13,802▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,182€13,802▲
Transfer to equity691/2€1,182€13,802▲
To other reserves6921€1,182€13,802▲

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202220242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,156€4,257€4,882▲ 14.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,969€0▼ 100%
Other operating charges640/8€50€1,901€16,007▲ 742%
Gross operating margin9900€22,029€14,703€42,119▲ 186%
Operating profit (loss)9901€19,823€2,576€21,230▲ 724%
Financial income75/76B€53€113€2,167▲ 19×
Recurring financial income75€53€113€2,167▲ 19×
Financial charges65/66B€268€713€4,471▲ 527%
Recurring financial charges65€268€713€4,471▲ 527%
Profit (loss) for the period before taxes9903€19,607€1,976€18,925▲ 858%
Income taxes67/77€3,087€794€5,124▲ 545%
Profit (loss) for the period9904€16,520€1,182€13,802▲ 12×
Profit (loss) for the period to be appropriated9905€16,520€1,182€13,802▲ 12×
Line202220242025Change
Assets
Total assets20/58€71,060€63,359€101,335▲ 59.9%
Fixed assets21/28€19,131€10,616€12,511▲ 17.9%
Tangible fixed assets22/27€19,131€10,616€12,511▲ 17.9%
Plant, machinery and equipment23€19,131€10,616€9,487▼ 10.6%
Furniture and vehicles24--€3,024-
Current assets29/58€51,930€52,743€88,823▲ 68.4%
Stocks and contracts in progress3€39,593€22,970€0▼ 100%
Stocks30/36€31,686€16,000€0▼ 100%
Contracts in progress37€7,906€6,970€0▼ 100%
Amounts receivable within one year40/41€4,306€27,895€84,246▲ 202%
Trade receivables40€3,776€21,174€78,172▲ 269%
Other amounts receivable41€530€6,721€6,074▼ 9.6%
Cash at bank and in hand54/58€8,031€1,765€3,240▲ 83.5%
Deferred charges and accrued income490/1-€112€1,337▲ 12×
Equity and liabilities
Total equity and liabilities10/49€71,060€63,359€101,335▲ 59.9%
Equity10/15€20,020€28,176€41,978▲ 49.0%
Contributions10/11€3,500€3,500€3,500=
Reserves13€16,520€24,676€38,478▲ 55.9%
Distributable reserves133€16,520€24,676€38,478▲ 55.9%
Amounts payable17/49€51,040€35,182€59,357▲ 68.7%
Amounts payable within one year42/48€49,669€28,582€52,477▲ 83.6%
Trade debts44€32,824€9,220€46,535▲ 405%
Suppliers440/4€32,824€9,220€46,535▲ 405%
Taxes, remuneration and social security45€3,089€19,363€5,943▼ 69.3%
Taxes450/3€3,089€19,363€5,943▼ 69.3%
Other amounts payable47/48€13,756€0--
Accrued charges and deferred income492/3€1,371€6,600€6,879▲ 4.2%
Line202220242025Change
Profit (loss) for the period9904€16,520€1,182€13,802▲ 12×
+ Depreciation and write-downs630€2,156€4,257€4,882▲ 14.7%
Operating cash flow (approximation)€18,676€5,439€18,683▲ 244%
Investment in fixed assets (approximation)---€6,777-
Change in cash--€1,475-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 15-10-2026 2026-00558711 NBB
31-12-2024 micro format 30-08-2025 2025-00449484 PDF
31-12-2022 micro format 04-10-2023 2023-00469542 PDF

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