RAISE & SHINE
RAISE & SHINE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €-37k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 51% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €49k |
| Net result | €-37k |
| Better than sector | 51% |
| Active | 7 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 57.2% | 55.9% | |
| Net result | €-37k | €27k | |
| Equity | €49k | €83k | |
| Gross operating margin | €-36k | €54k | |
| Staff costs | €799 | €13k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | - | - | - | - |
| Net profit | €-37k | €185 | €-9k | €63k | €-12k |
| Cash flow | - | - | - | - | - |
| Staff costs | €799 | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €86k | €127k | €88k | €127k | €56k |
| Equity | €49k | €86k | €86k | €95k | €32k |
| Debt | €37k | €40k | €2k | €32k | €24k |
| of which ≤ 1y | €37k | €40k | €2k | €32k | €24k |
| of which > 1y | - | - | - | - | - |
| Working capital | €49k | €86k | €86k | €95k | €32k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.34 | 3.13 | 42.61 | 3.95 | 2.32 |
| Quick ratio | 2.34 | 3.13 | 42.61 | 3.95 | 2.32 |
| Working capital ratio | 57.2% | 68.1% | 97.7% | 74.7% | 56.8% |
| Solvency | 57.2% | 68.1% | 97.7% | 74.7% | 56.8% |
| Debt / equity | 0.75 | 0.47 | 0.02 | 0.34 | 0.76 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -42.8% | 0.1% | -9.7% | 49.7% | -21.2% |
| ROE | -74.9% | 0.2% | -9.9% | 66.6% | -37.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (18 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €86k | €127k | €88k | €127k | €56k |
| Current assets | 29/58 | €86k | €127k | €88k | €127k | €56k |
| Amounts receivable within one year | 40/41 | €11k | €17k | €39k | €50k | €27k |
| Cash & bank | 54/58 | €75k | €109k | €49k | €77k | €28k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €86k | €127k | €88k | €127k | €56k |
| Equity | 10/15 | €49k | €86k | €86k | €95k | €32k |
| Contributions / capital | 10/11 | €102k | €102k | €102k | €102k | €102k |
| Accumulated profits (losses) | 14 | €-53k | €-16k | €-16k | €-7k | €-70k |
| Amounts payable | 17/49 | €37k | €40k | €2k | €32k | €24k |
| Amounts payable within one year | 42/48 | €37k | €40k | €2k | €32k | €24k |
| Trade debts payable within one year | 44 | €37k | €32k | €2k | €22k | €24k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-36k | €395 | €-8k | €63k | €-12k |
| Operating result | 9901 | €-37k | €395 | €-8k | €63k | €-12k |
| Financial income | 75 | €0 | - | - | €30 | - |
| Financial charges | 65 | €263 | €210 | €124 | €90 | €60 |
| Result before taxes | 9903 | €-37k | €185 | €-9k | €63k | €-12k |
| Net result for the period | 9904 | €-37k | €185 | €-9k | €63k | €-12k |
| Result to be appropriated | 9905 | €-37k | €185 | €-9k | €63k | €-12k |
-
Current29-10-2025 → present
2 events
- 29-10-2025 Mandate renewed· Director
- 29-10-2025 Appointed· Managing director
-
Current29-10-2025 → present
-
Current29-10-2025 → present
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Coöperatieve vennootschap met beperkte aansprakelijkheid(008) |
| Incorporation | 07-03-2019 |
| Status | Active |
| Postal code | 1060 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0342/00R010 | Brussels | 147 m² | 1 · 79 m² | 17.2 m · 5 fl. |
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.
29-10-2025 1 director appointed, 3 reappointed
- Carton de Wiart Thomas, Gedelegeerd bestuurder
- van den Branden-Jourda de Vaux Jean Charles, Bestuurder
- Carton de Wiart Thomas, Bestuurder
- Wadin Julien, Bestuurder
Technical details
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},
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de renouveler le mandat d\u0027administrateur de Mr van den Branden-Jourda de Vaux Jean Charles, de Mr Carton de Wiart Thomas et de Mr Wadin Julien jusqu\u0027\u00E0 l\u0027Assembl\u00E9e de 2031."
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],
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"legal_form": "SCRL"
}
}11-03-2019 Incorporation of a new SNC
Technical details
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"initial_directors": [],
"incorporation_date": "2019-03-07",
"post_incorporation_mandates": []
}| Legal nameFR | RAISE & SHINE |