Financials
- Fiscal year
- 2024
- Total assets
- €142,044
- Profit
- €111,560
- Solvency
- 44.4%
RAIVAX
ActiveSummary
The computed 12-month bankruptcy probability of RAIVAX is 13.0% (high). The 2024 annual accounts show equity of €63,060 and a net result of €111,560. Its solvency ranks better than 52% of 9989 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€142,044total assets 2024
- Equity
- €63,060
- Profit
- €111,560
Turnover not published (abridged schema)
Structure
Accounts filed 96 d late0 of 4 deeds read
Why 31- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 96 days late; 1 of the last 3 late- Figures for FY 2024 (filed 04-11-2025)- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 55% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
69
equity 44.4% of total assets
Liquidity
26
short-term debt 55.6% · cash 4.0%
Profitability
100
return on assets 78.5%
Bankruptcy probability, 12 months
13.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 3.6%lowest value
02-2025: 3.7%▲ +2.3% vs 01-2025
03-2025: 3.8%▲ +1.8% vs 02-2025
04-2025: 4.2%▲ +11.5% vs 03-2025
05-2025: 7.1%▲ +68.5% vs 04-2025
06-2025: 7.6%▲ +7.4% vs 05-2025
07-2025: 7.9%▲ +3.7% vs 06-2025
08-2025: 7.9%● 0.0% vs 07-2025
09-2025: 7.7%▼ -2.4% vs 08-2025
10-2025: 7.8%▲ +0.6% vs 09-2025
11-2025: 8.1%▲ +4.5% vs 10-2025
12-2025: 8.6%▲ +6.2% vs 11-2025
01-2026: 8.5%▼ -0.8% vs 12-2025
02-2026: 8.5%● 0.0% vs 01-2026
03-2026: 8.5%● 0.0% vs 02-2026
04-2026: 9.8%▲ +15.1% vs 03-2026
05-2026: 10.3%▲ +4.4% vs 04-2026
06-2026: 10.4%▲ +1.1% vs 05-2026
07-2026: 10.4%● 0.0% vs 06-2026
08-2026: 10.9%▲ +4.7% vs 07-2026
09-2026: 10.9%▼ -0.1% vs 08-2026
10-2026: 13.0%▲ +19.9% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 96 days late; 1 of the last 3 late raises the probability
- Figures for FY 2024 (filed 04-11-2025) raises the probability
- Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.55; short-term debt: 55.6% and cash: 4% of total assets), but 55.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 52%, liquidity 22%, profitability 92%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-11-2025, 96 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 96 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 04-11-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 07-12-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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