RALS
RALS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-245k) and a net result of €43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1205 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-245k |
| Net result | €43k |
| Better than sector | 5% |
| Active | 6 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -501.0% | 47.4% | |
| Net result | €43k | €43k | |
| Equity | €-245k | €84k | |
| Gross operating margin | €55k | €70k | |
| Total assets | €49k | €211k |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €43k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €132 |
| Dividends | - |
| Total assets | €49k |
| Equity | €-245k |
| Debt | €294k |
| of which ≤ 1y | €253k |
| of which > 1y | €41k |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | -501.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 87.9% |
| ROE | -17.6% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €49k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €10k |
| Current assets | 29/58 | €39k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €23k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €49k |
| Equity | 10/15 | €-245k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-248k |
| Amounts payable | 17/49 | €294k |
| Amounts payable after one year | 17 | €41k |
| Amounts payable within one year | 42/48 | €253k |
| Trade debts payable within one year | 44 | €766 |
| Income statement | ||
| Gross operating margin | 9900 | €55k |
| Operating result | 9901 | €180k |
| Financial income | 75 | €53 |
| Financial charges | 65 | €137k |
| Result before taxes | 9903 | €43k |
| Income taxes | 67/77 | €132 |
| Net result for the period | 9904 | €43k |
| Result to be appropriated | 9905 | €43k |
-
Current01-01-2022 → present
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 07-07-2020 |
| Status | Active |
| Postal code | 2610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0039/00X004 | Flanders | 205 m² | 1 · 91 m² | 11.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-02-2026 Mandate of Sappenberghs Mieke as director expired
- Sappenberghs Mieke, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sappenberghs Mieke",
"address": "Jules Moretuslei 484 - 2610 Wilrijk",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2026-02-02",
"evidence_quote": "Met ingang van heden, 2 februari 2026, wordt het ontslag als niet-statutair bestuurder aanvaard van mevrouw Sappenberghs Mieke, wonende te Jules Moretuslei 484 - 2610 Wilrijk, voorgenoemd.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-02-24",
"filing_date": "2026-02-16",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2026-02-02",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0749.878.492",
"name_full": "RALS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Van der Aa Barry",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Verslag AV"
],
"corrected_publication_numac": null
}12-01-2022 Sappenberghs Mieke appointed as director
- Sappenberghs Mieke, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sappenberghs Mieke",
"address": null,
"birth_date": null
},
"effective_date": "2022-01-01",
"evidence_quote": "Met ingang van 1 januari 2022 wordt voor onbepaalde duur tot nieuwe, niet-statutair bestuurder benoemd mevrouw Sappenberghs Mieke, wonende te 2610 Wilrijk, Jules Moretusiei 484, die aanvaardt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0749.878.492",
"name_full": "RALS",
"legal_form": "BV"
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | RALS |