RAKI TEX
Open bankruptcyA bankruptcy procedure is open for RAKI TEX according to publications in the Belgian State Gazette; curator: Frans DE ROY. The 2020 annual accounts show equity of €19k and a net result of €-33k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 18-08-2021, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
18 d late
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€709k▲ 16.9%
2019 · €607k
2018: €589k
2019: €607k
2018 → 2020
EBIT margin
-4.6%▼ 6.0pp
2019 · 1.5%
2018: 0.9%
2019: 1.5%
2018 → 2020
Net result
€-33k
2019 · €2k
2018: €4k
2019: €2k
2018 → 2020
Working capital
€-921
2019 · €32k
2018: €32k
2019: €32k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€589k-€607k▲ 3.0%€709k▲ 16.9%
Equity€50k-€52k▲ 3.8%€19k▼ 63.1%
Operating result€5k-€9k▲ 70.2%€-32k
Net result€4k-€2k▼ 45.5%€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €32k after €9k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €407k
Fixed assets
€20k▲ 2.0%
Current assets
€387k▼ 1.7%
Equity and liabilities €407k
Equity
€19k▼ 63.1%
Debt
€388k▲ 7.3%
The debt ratio rises from 87.4% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-32k▼
2019 · €10k
Cash flow
€-32k▼
2019 · €3k
Solvency
4.7%▼
2019 · 12.6%
Current ratio
1.00▼
2019 · 1.09
Quick ratio
0.75▲
2019 · 0.71
ROE
-171.1%▼
2019 · 3.7%
ROA
-8.0%▼
2019 · 0.5%
Debt
€388k▲
2019 · €362k
Debt ≤ 1 year
€388k▲
2019 · €362k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€414k€407k▼
Fixed assets21/28€20k€20k▲
Tangible fixed assets22/27€3k€3k▲
Financial fixed assets28€17k€17k=
Current assets29/58€394k€387k▼
Stocks and contracts in progress3€136k€97k▼
Amounts receivable within one year40/41€188k€279k▲
Cash at bank and in hand54/58€15k€12k▼
Equity and liabilities
Total equity and liabilities10/49€414k€407k▼
Equity10/15€52k€19k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€31k€-1k▼
Amounts payable17/49€362k€388k▲
Amounts payable within one year42/48€362k€388k▲
Trade debts44€282k€298k▲
Income statement
Code20192020
Turnover70€607k€709k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€853▼
Gross operating margin9900€115k€12k▼
Operating profit (loss)9901€9k€-32k▼
Recurring financial charges65€3k€343▼
Profit (loss) for the period before taxes9903€6k€-33k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€2k€-33k▼
Profit (loss) for the period to be appropriated9905€2k€-33k▼
Timeline · acts, filings and financial milestones
2022
31-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · RAKI TEX BV JETSE LAAN 16 BUS 3, 1081 KOEKELBERG · event 25-01-2022
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
28-06
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · RAKI TEX BV NINOOFSESTEENWEG 221, 1080 SINT-JANS-MOLENBEEK · event 18-06-2021
2020
31-12
Financial
Weakest financial yearnet €-33k ▼1811%
Net result drops to €-33k, the lowest in the series.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
14-12
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 136 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jetselaan 161081 KoekelbergGround area
410 m²
Building footprint
248 m²
Volume, LiDAR
2,789 m³
2 parcels, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RAKI TEX
since 20022.094.665.114
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0898/00T005 | Brussels | 343 m² | 1 · 180 m² | 15.6 m · 4 fl. |
| 21492B0065/00A005 | Brussels | 67 m² | 1 · 67 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Frans DE ROY WOLSTRAAT 19/21, 1000 BRUSSEL 1- |
25-01-2022 → present |
Similar companies · same sector, comparable size
LEALE
BE 0439.504.030
Dison · Eq €19k
KEYSTONE TRADING
BE 0464.208.643
Elsene · Eq €20k
Develyn
BE 0895.378.096
Schilde · Eq €20k
FRANICC
BE 0862.730.074
Aarschot · Eq €20k
HUSH
BE 0473.048.016
Zele · Eq €20k
Of 687 companies in sector 46412 we hold annual accounts for 516. 235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-01-2001
Fiscal year end31-12
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
46423Wholesale of clothing, excluding workwear and underwear
47512Retail sale of household textiles and bedding
51421
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.