Equity
RAKE has made a profit without a break since 2023.
RAKE has made a profit without a break since 2023.
The micro format states no turnover.
Green is investment, beige is depreciation.
In 2025, nobody joined and 1 person left.
The 2025 accounts came latest: 46 days after the end of the period.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 60% of them on solvency, 41% on liquidity, 31% on profitability and 50% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 5,047 companies had the same profile as RAKE has now. Each dot stands for 13 companies, two years later.
The bankruptcy probability of RAKE itself is lower: 0.1% within 12 months. It rests on far more data about RAKE than the profile alone.
The method was tested on the 497,447 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.
| 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 5,047 companies, not a prediction for RAKE. 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.
Liquidity is ample, with a current ratio of 2.89 (2.89 in 2024), above the usual 1.5. Short-term debt is 32.8% and cash 18.1% of total assets. 32.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 13 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| RAKE Sint-Pieters-Leeuw | €82,673 | €53,808 | 67.2% | - |
| GMC Information Technology Landen | €79,242 | €53,470 | 47.0% | - |
| Himavi IT Consulting Steenokkerzeel | €80,052 | €58,837 | 2.0% | - |
| Tucan & Llamas Leuven | €85,794 | €48,405 | 3.9% | - |
| MyYoYaKy Rotselaar | €80,331 | €50,226 | 3.7% | - |
| HDNS Kortenberg | €71,265 | €53,124 | 4.2% | - |
| STEADY Vilvoorde | €75,455 | €57,611 | 4.0% | - |
These companies have the same main activity as RAKE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €71,300 and €85,800, founded between 2020 and 2021.
RAKE files the micro format. That format states no turnover. The gross margin fell from €77,340 in 2021 to €53,808 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €92,000 and €130,000.
Higher than 58% of 21,208 companies in 2025.
Higher than 56% of 20,571 companies in 2025.
Higher than 22% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
82,673 | 80,591 | 55,934 | 51,638 | 86,601 | |
21/28 |
4,211 | 749 | 440 | 1,695 | 2,241 | |
22/27 |
4,061 | 599 | 290 | 1,545 | 1,986 | |
24 |
4,061 | 599 | 290 | 1,545 | 1,986 | |
28 |
150 | 150 | 150 | 150 | 255 | |
29/58 |
78,462 | 79,842 | 55,493 | 49,943 | 84,360 | |
40/41 |
63,515 | 54,833 | 41,758 | 11,124 | 10,999 | |
40 |
37,747 | 29,456 | 27,528 | - | 10,890 | |
41 |
25,768 | 25,377 | 14,230 | 11,124 | 109 | |
54/58 |
14,947 | 22,616 | 13,736 | 36,651 | 71,305 | |
490/1 |
- | 2,393 | - | 2,168 | 2,055 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
82,673 | 80,591 | 55,934 | 51,638 | 86,601 | |
10/15 |
55,562 | 52,934 | 37,291 | 24,045 | 48,676 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
34,500 | 34,500 | 34,500 | 34,500 | 34,500 | |
133 |
34,500 | 34,500 | 34,500 | 34,500 | 34,500 | |
14 |
19,062 | 16,434 | 791 | -12,455 | 12,176 | |
17/49 |
27,111 | 27,657 | 18,643 | 27,593 | 37,925 | |
42/48 |
27,111 | 27,657 | 18,643 | 27,593 | 37,925 | |
44 |
13,338 | 10,576 | 82 | 2,463 | 464 | |
440/4 |
13,338 | 10,576 | 82 | 2,463 | 464 | |
45 |
13,706 | 17,081 | 16,370 | 22,881 | 35,163 | |
450/3 |
12,209 | 16,864 | 16,370 | 22,814 | 34,336 | |
454/9 |
1,497 | 217 | - | 67 | 827 | |
47/48 |
67 | - | 2,191 | 2,248 | 2,298 | |
| Income statement | ||||||
9900 |
53,808 | 68,739 | 61,689 | 19,090 | 77,340 | |
62 |
48,104 | 49,553 | 46,707 | 41,710 | 17,060 | |
630 |
1,165 | 573 | 1,255 | 1,255 | 986 | |
640/8 |
400 | 800 | 384 | 348 | 707 | |
9901 |
4,139 | 17,813 | 13,343 | -24,223 | 58,587 | |
75/76B |
0 | 1,176 | 626 | 321 | - | |
75 |
0 | 1,176 | 626 | 321 | - | |
65/66B |
789 | 726 | 723 | 729 | - | |
65 |
789 | 726 | 723 | 729 | - | |
9903 |
3,350 | 18,263 | 13,246 | -24,631 | 58,587 | |
67/77 |
722 | 2,620 | - | - | 11,911 | |
9904 |
2,627 | 15,643 | 13,246 | -24,631 | 46,676 | |
9905 |
2,627 | 15,643 | 13,246 | -24,631 | 46,676 | |
| Appropriation of the result | ||||||
9906 |
19,062 | 16,434 | 791 | -12,455 | 46,676 | |
14P |
16,434 | 791 | -12,455 | 12,176 | - | |
691/2 |
- | - | - | - | 34,500 | |
6921 |
- | - | - | - | 34,500 | |
| Social balance sheet | ||||||
9087 |
1 | 1 | 1 | 1 | 0.6 | |
Hours worked1013 |
1,421 | 1,770 | 1,823 | 1,740 | 1,132 | |
| Document | ||||||
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.
Source: Annual accounts 2025 at the NBB, filed on 15-09-2026.
2025 annual accounts filed 46 days after the deadline. Filed on 15 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00515710.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-09-2026 | 2026-00515710 | |
| 31-12-2024 | micro format | 03-06-2025 | 2025-00129773 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00236136 | |
| 31-12-2022 | micro format | 24-06-2023 | 2023-00196884 | |
| 31-12-2021 | micro format | 06-08-2022 | 2022-20279627 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 5,304 | 18,386 | 14,598 | -22,968 | 59,574 | ||
| 3,792 | 16,216 | 14,501 | -23,376 | 47,663 | ||
| 4,627 | 882 | 0 | 814 | 3,228 | ||
| -7,669 | 8,880 | -22,915 | -34,654 | - | ||
| 51,351 | 52,185 | 36,851 | 22,349 | 46,435 | ||
| 67.2% | 65.7% | 66.7% | 46.6% | 56.2% | ||
| 2.89 | 2.89 | 2.98 | 1.81 | 2.22 | ||
| 0.49 | 0.52 | 0.50 | 1.15 | 0.78 | ||
| 4.7% | 29.6% | 35.5% | -102.4% | 95.9% | ||
| 3.2% | 19.4% | 23.7% | -47.7% | 53.9% | ||
| 6.72 | 25.32 | 20.20 | -31.49 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| part-time | - | - | - | 0 | - |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | 0.6 | |
| On a permanent contract | - | 1 | 1 | 1 | - |
| Joined | 0 | - | - | 1 | 1 |
| Left | 1 | - | - | 1 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,627 | €882 | - | €814 | €2,973 |
| Financial fixed assets | - | - | - | - | €255 |
| €1,165 | €573 | €1,255 | €1,255 | €986 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 77% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 34.3% to 32.8%. Equity is higher and debt is lower.
RAKE has no parent and no holdings in its annual accounts.
| PI PHARMA
registered office since 01-09-2006 · founded in 2006 · negative equity (2025) · group A.forall Group |
12 FTE (2025) 0883.315.652 |
| IMMO PRIMERA
registered office since 19-06-1984 · founded in 1984 |
total assets €4.7m (2025) 0426.284.910 |
| IBURU
registered office since 04-08-1994 · founded in 1985 |
total assets €3.7m (2025) 0427.150.089 |
| KONIM
registered office since 17-07-2003 · founded in 2003 |
total assets €3.4m (2025) 0859.716.938 |
| ZENNEHOF
registered office since 01-04-2003 · founded in 1999 |
total assets €2.3m (2025) 0467.103.795 |
| QUARTIER LATIN BRUSSELS
registered office since 09-06-1999 · founded in 1999 |
total assets €2.2m (2025) 0465.283.957 |
| SURUBI
registered office since 01-05-1974 · founded in 1974 |
total assets €1.8m (2025) 0414.207.420 |
| Binder Engineering
registered office since 22-11-2002 · founded in 2002 |
1.6 FTE (2025) 0478.596.218 |
| CLEAN HOUSE CONCEPT
registered office since 14-07-2016 · founded in 2016 · negative equity (2025) |
15 FTE (2025) 0659.663.940 |
| Unfinished Sympathy
registered office since 18-09-2019 · founded in 2019 |
0.7 FTE (2025) 0734.615.048 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
RAKE was incorporated on 24 September 2020 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Sint-Pieters-Leeuw in 2021.3 Total assets went from €86,601 in 2021 to €82,673 in 2025 and headcount from 0.6 to 1 full-time equivalents.4
Only the seat on the map
| Establishment | Since | Unit number |
|---|---|---|
| Bergensesteenweg 709 registered office 1600 Sint-Pieters-Leeuw | ||
| Auguste Demaeghtlaan 124 1500 Halle | 01-10-2020 | 2.308.348.194 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23583F0543/00D002 | 5,043 m² | 1 · 911 m² | 7.2 m · 2 |
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