RALPHY
ActiveSummary
The computed 12-month bankruptcy probability of RALPHY is 2.5% (moderate). The 2025 annual accounts show equity of €405,612 and a net result of -€121,394. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 2,801 sector peers (NACE 82, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
- Staff
- 1.2 FTE
- Equity
- €405,612
- Loss
- -€121,394
Why 52raises riskLast filed accounts filed 73 days late; 2 of the last 3 lateEx-officio strike-off in the KBOLiquidity: current ratio 0.44, cash €7,483lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 32% on solvency, 29% on liquidity, 13% on profitability and 96% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 56 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: BDO BEDRIJFSREVISOREN (company auditor)Declaration · Auditor report ·…
- Weakest financial yearnet -€121,394
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (73 days) Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00554419.
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €108,738 in 2025 against €64,121 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91.3% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,548 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €288 | €37,577 | €43,299 | ▲ 15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €61,119 | €107,505 | €110,917 | ▲ 3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €5,590 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €159 | €110 | €413 | €1,841 | €1,230 | ▼ 33.2% |
| Gross operating margin9900 | €17,556 | €15,406 | -€48,874 | -€14,434 | €88,391 | €46,708 | ▼ 47.2% |
| Operating profit (loss)9901 | €12,588 | €15,248 | -€48,984 | -€76,253 | -€64,121 | -€108,738 | ▼ 69.6% |
| Financial income75/76B | - | €551 | €2,563 | €7,315 | €3,070 | €2,104 | ▼ 31.5% |
| Recurring financial income75 | €1 | €551 | €2,563 | €7,315 | €3,070 | €2,104 | ▼ 31.5% |
| Financial charges65/66B | - | €356 | €2,052 | €12,556 | €13,584 | €14,760 | ▲ 8.7% |
| Recurring financial charges65 | €34 | €356 | €2,052 | €12,556 | €13,584 | €14,760 | ▲ 8.7% |
| Profit (loss) for the period before taxes9903 | €12,556 | €15,442 | -€48,473 | -€81,493 | -€74,635 | -€121,394 | ▼ 62.7% |
| Income taxes67/77 | €2,511 | €5,278 | - | - | - | - | - |
| Profit (loss) for the period9904 | €10,045 | €10,164 | -€48,473 | -€81,493 | -€74,635 | -€121,394 | ▼ 62.7% |
| Profit (loss) for the period to be appropriated9905 | €10,045 | €10,164 | -€48,473 | -€81,493 | -€74,635 | -€121,394 | ▼ 62.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.03m | €0.1m | €0.5m | €1.0m | €1.0m | €1.6m | ▲ 70.6% |
| Fixed assets21/28 | - | - | €0.06m | €0.9m | €0.9m | €1.5m | ▲ 69.6% |
| Intangible fixed assets21 | - | - | - | €0.001m | €0.001m | €0.1m | ▲ 146× |
| Tangible fixed assets22/27 | - | - | €0.06m | €0.9m | €0.9m | €1.4m | ▲ 58.3% |
| Land and buildings22 | - | - | - | - | - | €1.4m | - |
| Other tangible fixed assets26 | - | - | €0.06m | €0.9m | €0.9m | €0 | ▼ 100% |
| Current assets29/58 | €0.03m | €0.1m | €0.4m | €0.07m | €0.07m | €0.1m | ▲ 83.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.04m | €0.03m | ▼ 2.9% |
| Other amounts receivable291 | - | - | - | - | €0.04m | €0.03m | ▼ 2.9% |
| Stocks and contracts in progress3 | - | - | - | - | €0.01m | €0.01m | ▲ 7.1% |
| Stocks30/36 | - | - | - | - | €0.01m | €0.01m | ▲ 7.1% |
| Amounts receivable within one year40/41 | €0.02m | €0.08m | €0.05m | €0.07m | €0.02m | €0.06m | ▲ 157% |
| Trade receivables40 | - | €0.04m | - | €0.03m | €0.02m | €0.04m | ▲ 130% |
| Other amounts receivable41 | - | €0.04m | €0.05m | €0.04m | €0.004m | €0.01m | ▲ 295% |
| Cash at bank and in hand54/58 | €0.01m | €0.03m | €0.4m | €0.001m | €0.001m | €0.007m | ▲ 14× |
| Deferred charges and accrued income490/1 | - | - | - | - | €476 | €0.02m | ▲ 37× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.03m | €0.1m | €0.5m | €1.0m | €1.0m | €1.6m | ▲ 70.6% |
| Equity10/15 | €0.01m | €0.02m | -€0.03m | -€0.1m | -€0.2m | €0.4m | - |
| Contributions10/11 | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.7m | ▲ 474× |
| Profit (loss) carried forward14 | €0.01m | €0.02m | -€0.03m | -€0.1m | -€0.2m | -€0.3m | ▼ 65.8% |
| Amounts payable17/49 | €0.02m | €0.08m | €0.5m | €1.1m | €1.1m | €1.2m | ▲ 7.4% |
| Amounts payable after more than one year17 | - | - | €0.4m | €0.9m | €0.9m | €0.9m | ▼ 2.4% |
| Financial debts170/4 | - | - | €0.4m | €0.9m | €0.9m | €0.5m | ▼ 49.9% |
| Other amounts payable178/9 | - | - | - | - | - | €0.4m | - |
| Amounts payable within one year42/48 | €0.02m | €0.07m | €0.06m | €0.1m | €0.2m | €0.3m | ▲ 45.8% |
| Current portion of amounts payable after more than one year42 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.7% |
| Financial debts43 | - | - | - | - | €30 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | €30 | €0 | ▼ 100% |
| Trade debts44 | €0.004m | €0.03m | €0.04m | €0.02m | €0.03m | €0.06m | ▲ 117% |
| Suppliers440/4 | - | €0.03m | €0.04m | €0.02m | €0.03m | €0.06m | ▲ 117% |
| Advances received on contracts in progress46 | - | €0.04m | - | €0.009m | €0.003m | €0.02m | ▲ 526% |
| Taxes, remuneration and social security45 | - | €0.009m | €0.007m | - | €0.006m | €0.004m | ▼ 31.3% |
| Taxes450/3 | - | €0.009m | €0.007m | - | €0.005m | €9 | ▼ 99.8% |
| Remuneration and social security454/9 | - | - | - | - | €0.001m | €0.004m | ▲ 262% |
| Other amounts payable47/48 | - | - | - | €0.08m | €0.1m | €0.2m | ▲ 31.4% |
| Accrued charges and deferred income492/3 | - | €0.008m | - | €0.01m | - | €0.01m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,045 | €10,164 | -€48,473 | -€81,493 | -€74,635 | -€121,394 | ▼ 62.7% |
| + Depreciation and write-downs630 | - | - | - | €61,119 | €107,505 | €110,917 | ▲ 3.2% |
| Operating cash flow (approximation) | €10,045 | €10,164 | -€48,473 | -€20,375 | €32,869 | -€10,477 | - |
| Investment in fixed assets (approximation) | - | - | - | -€915,488 | -€71,391 | -€722,281 | ▼ 912% |
| Change in cash | - | €15,777 | €332,402 | -€358,887 | -€67 | €6,948 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 12-10-2026 | 2026-00554419 |
| 31-12-2024 | abbreviated format | 01-12-2025 | 2025-00574386 |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00443199 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00419476 |
| 31-12-2021 | micro format | 18-10-2022 | 2022-20470816 |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44200535 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Statutory auditor 1
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BDO Bedrijfsrevisoren |
|
Owners and capital
Capital and shareholders
- BOWN Augustin Marie Isidore Christine €709,900
- BOWN Hadrien Catherine Virginie €709,900
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-01-2026 Capital increase of €709,900 · no new shares · in kind
- 20-01-2026 Capital increase of €709,900 · no new shares
Group and network
Connections & network
No directors read yet: 3 of 5 Gazette acts processed.
History
Acts, filings and financial milestones
20-01
Gazette deed
Appointment: BDO BEDRIJFSREVISOREN (company auditor)Declaration · Auditor report · Capital increase14 facts ▸
- General meeting, 30-12-2025
- Other provision, “EERSTE BESLUIT: Kennisname verslaggeving, ontslaat de voorzitter van de voorlezing van volgende verslagen” (deed in Dutch)
- Declaration, “Kennisname verslag, aandeelhouders erkennen een kopie van dit verslag te hebben ontvangen en er kennis van te hebben genomen. Ze verklaren er geen opmerkingen o…” (deed in Dutch)
- Auditor appointment, BDO BEDRIJFSREVISOREN (company auditor)
- Auditor report, 30-12-2025
- Capital increase, €709,900 (2 times)
- Other provision, “DERDE BESLUIT: Inschrijving en storting op de nieuwe aandelen” (deed in Dutch)
- Declaration, “Verklaring van de inbrenger, eigenaar te zijn van de volgende onroerende goederen” (deed in Dutch) (2 times)
- Real estate, “perceel grond, in het kadaster opgenomen als weide, gelegen ter plaatse genaamd "А Bonire", langs de Rue des Tailles” (deed in Dutch)
- Real estate, “Een geheel dat één enkei lot vormt en als volgt wordt omschreven: Een woonhuis, gelegen Rue des Tailles”, 13 (deed in Dutch)
- Real estate, “Een oppervlakte van twee are tweeënzeventig centiare (2 a 72 ca), te nemen uit het goed gekadastreerd volgens recente titel sectie D nummer 0143K2P0000. Een geh…” (deed in Dutch)
- Capital contribution, €709,900 (2 times)
- +2 further facts in this act
01-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, “De bestuurder” (deed in Dutch)
- Registered-office move, Bredeweg 34 - 9850 Poesele
06-02
Gazette deed
Purpose · Amendment of the articlesPurpose change3 facts ▸
- General meeting, 31-01-2024
- Purpose change
- Other provision, “verslag bestuursorgaan over wijziging voorwerp, ontslag voorzitter van voorlezing” (deed in Dutch)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 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 |
How the parcels are linked
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “Alle handelingen die betrekking hebben op de exploitatie van een reclamebureau,algemene…” (deed in Dutch)deed of 06-02-2024
26 activities (deed in Dutch)
- Alle handelingen die betrekking hebben op de exploitatie van een reclamebureau,algemene communicatie,personeelsadvertentie,bedrijfsjournalistiek,het ontwerpen van prospecten,allerhande drukwerken,promotiemateriaal,teksten,vertalingen,adviesbureau voor marketing,design,reclamefotografie,creaties en lay-outs.
- Uitvoeren marketing-en publiciteitsopdrachten.
- Internet en telecommunicatiediensten uitbouwen en aanbieden onder andere ook bouw,onderhoud en commercialisatie van websites.
- Het coördineren en het optreden als promotor of uitvoerder voor rekening van derden van diverse werkzaamheden nodig of nuttig voor de binnenhuisinrichting en–afwerking,meubilering en decoratie van alle gebouwen,welke werkzaamheden uitgevoerd worden waar nodig door geregistreerde aannemers.
- Het organiseren,begeleiden en verkopen van recepties,feesten,seminaries,conferenties,incentives,evenementen,teambuildings,huwelijken,reizen,transport voor alle aanverwante activiteiten.
- Geven,organiseren van cursussen,trainingen en opleidingen allerhande.
- Activiteiten van grafische designers.
- Activiteiten van interieurdecorateurs.
- Activiteiten van decorateurs-etalagisten.
- Tussenpersoon in klein-en groothandel in het algemeen.
- Detailhandel in bloemen planten,zaden en kunstmeststoffen in gespecialiseerde winkels.
- Het ontwerpen,vervaardigen,aankopen,verkopen,importeren,exporteren,behandelen,herstellen en,bewerken,groot-en kleinhandel van alle versierende en decoratieve voorwerpen,meubels,antiquiteiten,textiel-,geschenk-en huishoudelijke artikelen,bloemen en planten alsmede,in het algemeen alle uitrusting en stoffering van huis,tuin en persoon,en alles wat er rechtstreeks of onrechtstreeks verband mee houdt,en dit zowel voor de binnenlandse als buitenlandse markt.In het bijzonder kan de vennootschap groothandel,detailwinkels en webshops in België en buitenland overnemen,opzetten en uitbaten voor verkoop aan zowel particulieren,als aan private en overheidsondernemingen,alsook aan hotels en horecabedrijven.
- De uitbating,het beheer en de inrichting van drankgelegenheden,verbruikssalons,cafés,tavernes,clubs,bars,tearooms,restaurants,hotels,traiteurdiensten,alsook het inrichten van banketten,feestelijkheden en de verhuring van feestzalen,de bereiding en de handel,import en export van alle mogelijke koude en warme gerechten,dranken,gebak en confiserie,vlees-en viswaren,ijs en rookwaren en alle aanverwante artikelen.
- Aankoop-en verkoop(groot-en kleinhandel),in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen.
- Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschapen,dit alles in de meest ruime betekenis.
- De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande.Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten;
- Algemene coördinatie en toezicht van bouwwerkzaamheden.
- Projectontwikkeling inzake onroerende goederen.
- Handel in onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen.
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw-of immobiliën vennootschappen of–ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Het bevorderen van de oprichting van vennootschappen door inbreng,participaties of investering.Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar voorwerp te bevorderen.
- Het op punt zetten van syndicaat overeenkomsten tussen aandeelhouders.
- De coördinatie en organisatie van handelsbeurzen,tentoonstellingen,congressen,beurzen,…;de aanneming en onderaanneming van alle werkzaamheden inzake standenbouw;het ontwerpen,de fabricatie,het bouwen,het plaatsen en afbreken van beursstanden;de aankoop en huur van licht-en geluidsinstallaties,podia,decorinrichtingen,tenten en beursstanden;het verkopen en de verhuring van standenbouw en allerhande meubilair en decoratieartikelen.
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Verslag van de bedrijfsrevisor, beschrijving van de inbreng in natura, de toegepaste waardering en de daartoe aangewende waarderingsmethoden…” (deed in Dutch)1 more provision in the deed, see the deed of 20-01-2026deed of 20-01-2026
Read from the deeds: 3 provisions, deed of 20-01-2026