RALPHY
ActiveSummary
The computed 12-month bankruptcy probability of RALPHY is 2.0% (moderate). The 2024 annual accounts show negative equity (-€182,893) and a net result of -€74,635. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 2294 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability36▲+28
Solvency6▼-8
Growth32=
Track record92
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.55 in 2023; short-term debt: 21.8% and cash: 0.1% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-19.2%
Return on assets
-7.8%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€182,893
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 01-12-2025, 123 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
123 d late
2023
30 d late
2022
31 d late
2021
79 d late
2020
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€182,893▼ 68.9%
2023 · -€108,258
Total assets
€951,494▼ 3.5%
2023 · €985,961
Net result
-€74,635▲ 8.4%
2023 · -€81,493
Working capital
-€134,377▼ 127%
2023 · -€59,239
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€12,588-€15,248▲ 21.1%-€48,984-€76,253▼ 55.7%-€64,121▲ 15.9%
Net result€10,045within the sector's middle half-€10,164within the sector's middle half▲ 1.2%-€48,473below the sector's middle half-€81,493below the sector's middle half▼ 68.1%-€74,635below the sector's middle half▲ 8.4%
Equity€11,545within the sector's middle half-€21,709within the sector's middle half▲ 88.0%-€26,765below the sector's middle half-€108,258below the sector's middle half▼ 304%-€182,893below the sector's middle half▼ 68.9%
Total assets€29,708below the sector's middle half-€103,075within the sector's middle half▲ 247%€464,968above the sector's middle half▲ 351%€985,961within the sector's middle half▲ 112%€951,494within the sector's middle half▼ 3.5%
Debt€18,164-€81,367▲ 348%€491,733▲ 504%€1.1m▲ 123%€1.1m▲ 3.7%
Working capital€11,545within the sector's middle half-€29,709within the sector's middle half▲ 157%€346,329above the sector's middle half▲ 1,066%-€59,239below the sector's middle half-€134,377below the sector's middle half▼ 127%
Solvency38.9%within the sector's middle half-21.1%within the sector's middle half▼ 17.8pp-5.8%below the sector's middle half▼ 26.8pp-11.0%below the sector's middle half▼ 5.2pp-19.2%below the sector's middle half▼ 8.2pp
Current ratio1.64within the sector's middle half-1.40within the sector's middle half▼ 0.236.95above the sector's middle half▲ 5.540.55below the sector's middle half▼ 6.400.35below the sector's middle half▼ 0.19
Return on assets (ROA)33.8%above the sector's middle half-9.9%within the sector's middle half▼ 23.9pp-10.4%below the sector's middle half▼ 20.3pp-8.3%below the sector's middle half▲ 2.2pp-7.8%below the sector's middle half▲ 0.4pp
Staff (FTE)0.9within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64,121 in 2024 against €76,253 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €951,494
Fixed assets
€878,650 ▼ 3.9%
Current assets
€72,844 ▲ 2.3%
Key figures and ratios
EBITDA
€43,384▲
2023 · -€15,134
Cash flow
€32,869▲
2023 · -€20,375
Quick ratio
0.29▼
2023 · 0.55
Debt to equity
-6.20▲
2023 · -10.11
Interest coverage
3.19▲
2023 · -1.21
Debt ≤ 1 year
€207,220▲
2023 · €130,436
Debt > 1 year
€927,167▼
2023 · €949,224
Staff costs
€37,577▲
2023 · €288
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
5.1%
went bankrupt
5.4%
stopped otherwise
89%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €288 | €37,577 | ▲ 12,967% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €61,119 | €107,505 | ▲ 75.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €5,590 | - |
| Other operating charges640/8 | - | €159 | €110 | €413 | €1,841 | ▲ 346% |
| Gross operating margin9900 | €17,556 | €15,406 | -€48,874 | -€14,434 | €88,391 | ▲ 712% |
| Operating profit (loss)9901 | €12,588 | €15,248 | -€48,984 | -€76,253 | -€64,121 | ▲ 15.9% |
| Financial income75/76B | - | €551 | €2,563 | €7,315 | €3,070 | ▼ 58.0% |
| Recurring financial income75 | €1 | €551 | €2,563 | €7,315 | €3,070 | ▼ 58.0% |
| Financial charges65/66B | - | €356 | €2,052 | €12,556 | €13,584 | ▲ 8.2% |
| Recurring financial charges65 | €34 | €356 | €2,052 | €12,556 | €13,584 | ▲ 8.2% |
| Profit (loss) for the period before taxes9903 | €12,556 | €15,442 | -€48,473 | -€81,493 | -€74,635 | ▲ 8.4% |
| Income taxes67/77 | €2,511 | €5,278 | - | - | - | - |
| Profit (loss) for the period9904 | €10,045 | €10,164 | -€48,473 | -€81,493 | -€74,635 | ▲ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €10,045 | €10,164 | -€48,473 | -€81,493 | -€74,635 | ▲ 8.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,708 | €103,075 | €464,968 | €985,961 | €951,494 | ▼ 3.5% |
| Fixed assets21/28 | - | - | €60,394 | €914,763 | €878,650 | ▼ 3.9% |
| Intangible fixed assets21 | - | - | - | €1,063 | €688 | ▼ 35.3% |
| Tangible fixed assets22/27 | - | - | €60,394 | €913,700 | €877,962 | ▼ 3.9% |
| Other tangible fixed assets26 | - | - | €60,394 | €913,700 | €877,962 | ▼ 3.9% |
| Current assets29/58 | €29,708 | €103,075 | €404,575 | €71,197 | €72,844 | ▲ 2.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €35,000 | - |
| Other amounts receivable291 | - | - | - | - | €35,000 | - |
| Stocks and contracts in progress3 | - | - | - | - | €13,624 | - |
| Stocks30/36 | - | - | - | - | €13,624 | - |
| Amounts receivable within one year40/41 | €18,397 | €75,988 | €45,085 | €70,595 | €23,209 | ▼ 67.1% |
| Trade receivables40 | - | €35,000 | - | €29,574 | €19,433 | ▼ 34.3% |
| Other amounts receivable41 | - | €40,988 | €45,085 | €41,021 | €3,776 | ▼ 90.8% |
| Cash at bank and in hand54/58 | €11,311 | €27,088 | €359,489 | €602 | €535 | ▼ 11.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €476 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,708 | €103,075 | €464,968 | €985,961 | €951,494 | ▼ 3.5% |
| Equity10/15 | €11,545 | €21,709 | -€26,765 | -€108,258 | -€182,893 | ▼ 68.9% |
| Contributions10/11 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €10,045 | €20,209 | -€28,265 | -€109,758 | -€184,393 | ▼ 68.0% |
| Amounts payable17/49 | €18,164 | €81,367 | €491,733 | €1.1m | €1.1m | ▲ 3.7% |
| Amounts payable after more than one year17 | - | - | €433,488 | €949,224 | €927,167 | ▼ 2.3% |
| Financial debts170/4 | - | - | €433,488 | €949,224 | €927,167 | ▼ 2.3% |
| Amounts payable within one year42/48 | €18,164 | €73,367 | €58,246 | €130,436 | €207,220 | ▲ 58.9% |
| Current portion of amounts payable after more than one year42 | - | - | €16,196 | €23,246 | €22,058 | ▼ 5.1% |
| Financial debts43 | - | - | - | - | €30 | - |
| Credit institutions430/8 | - | - | - | - | €30 | - |
| Trade debts44 | €4,090 | €29,840 | €35,529 | €16,308 | €29,337 | ▲ 79.9% |
| Suppliers440/4 | - | €29,840 | €35,529 | €16,308 | €29,337 | ▲ 79.9% |
| Advances received on contracts in progress46 | - | €35,000 | - | €8,500 | €3,000 | ▼ 64.7% |
| Taxes, remuneration and social security45 | - | €8,527 | €6,521 | - | €6,077 | - |
| Taxes450/3 | - | €8,527 | €6,521 | - | €4,928 | - |
| Remuneration and social security454/9 | - | - | - | - | €1,149 | - |
| Other amounts payable47/48 | - | - | - | €82,382 | €146,719 | ▲ 78.1% |
| Accrued charges and deferred income492/3 | - | €8,000 | - | €14,558 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,045 | €10,164 | -€48,473 | -€81,493 | -€74,635 | ▲ 8.4% |
| + Depreciation and write-downs630 | - | - | - | €61,119 | €107,505 | ▲ 75.9% |
| Operating cash flow (approximation) | €10,045 | €10,164 | -€48,473 | -€20,375 | €32,869 | ▲ 261% |
| Investment in fixed assets (approximation) | - | - | - | -€915,488 | -€71,391 | ▲ 92.2% |
| Change in cash | - | €15,777 | €332,402 | -€358,887 | -€67 | ▲ 100.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 123 days late
2024
13-09
KBO administration
Address struck
event 25-07-2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€81,493
Net result drops to -€81,493, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity times 5current ratio 6.95
Current ratio from 1.40 to 6.95; short-term debt falls from €73,367 to €58,246.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Highest result since 2020net €10,164 ▲1.2%
Operating result €15,248, net result €10,164, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Deinze · 2 establishment units since 2020
Ground area
3,123 m²
Building footprint
852 m²
Volume, LiDAR
1,651 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 18.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
RALPHY
since 20202.299.372.528
RALPHY
since 20252.376.486.142
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44056A0054/00C000 | Flanders | 2,082 m² | 1 · 488 m² | - |
| 91095D0143/00N002 | Wallonia | 826 m² | 1 · 150 m² | - |
| 21442A0088/00X008 | Brussels | 215 m² | 1 · 214 m² | 18.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,578 companies in sector 82300 we hold annual accounts for 1,673. 1,112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
82300Organisation of conventions and trade shows
55203Holiday cottages, homes and apartments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743816586
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.