Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of RAMASHOP is 3.9% (moderate). The 2022 annual accounts show negative equity (€-3k) and a net result of €5k. Equity is shrinking by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 752 sector peers (fiscal year 2022). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone3.9%
Moderate
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Higher-failure-rate region
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideAnnual accounts not filed
The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 759 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-01-2024, 156 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | 03-01-2024 | 156 d late | 2024-00542904 |
| 31-12-2021 | 31-07-2022 | 11-12-2022 | 133 d late | 2022-20535581 |
| 31-12-2020 | 31-07-2021 | 30-09-2021 | 61 d late | 2021-71000114 |
| 31-12-2019 | 31-07-2020 | 31-10-2020 | 92 d late | 2020-67200498 |
| 31-12-2018 | 31-07-2019 | 31-08-2019 | 31 d late | 2019-63100588 |
| 31-12-2017 | 31-07-2018 | 30-08-2018 | 30 d late | 2018-60000080 |
| 31-12-2016 | 31-07-2017 | 30-08-2017 | 30 d late | 2017-57600446 |
| 31-12-2015 | 31-07-2016 | 30-08-2016 | 30 d late | 2016-54700175 |
| 31-12-2014 | 31-07-2015 | 28-08-2015 | 28 d late | 2015-51800060 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2007, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€5k
Working capital€-5k+51.0%
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 03-01-2024 with the NBB · fiscal year 2022 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~32.1%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -3.7% | 20.4% | |
| Net result | €5k | €9k | |
| Equity | €-3k | €82k | |
| Gross operating margin | €6k | €150k | |
| Staff costs | €146 | €176k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P19
Weakening position over 2020-2022
· n=459-752
P46
Stable position over 2020-2022
· n=460-749
P20
Weakening position over 2020-2022
· n=460-753
P16
Stable position over 2020-2022
· n=384-667
Describes the position versus peers, not a forecast.
€4k
-
18-22
€5k
-
18-22
€5k
-
18-22
€86k
-30.6%
18-22
€-3k
+60.3%
18-22
€-5k
+51.0%
18-22
€146
+36.1%
18-22
€4k
+43.4%
18-22
Show 9 other metrics
€89k
-32.4%
18-22
€89k
-32.4%
18-22
0.94
+2.3%
18-22
0.54
-5.0%
18-22
-3.7%
+42.7%
18-22
-27.98
-70.0%
18-22
-151.7%
-
18-22
5.6%
-
18-22
5.25
-
18-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €4k |
| Net profit | €5k |
| Cash flow | €5k |
| Staff costs | €146 |
| Income taxes | - |
| Dividends | - |
| Total assets | €86k |
| Equity | €-3k |
| Debt | €89k |
| of which ≤ 1y | €89k |
| of which > 1y | - |
| Working capital | €-5k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.94 |
| Quick ratio | 0.54 |
| Working capital ratio | -5.9% |
| Solvency | -3.7% |
| Debt / equity | -27.98 |
| Long-term debt ratio | - |
| Interest coverage | 5.25 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.6% |
| ROE | -151.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €86k |
| Fixed assets | 21/28 | €2k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €84k |
| Stocks & contracts in progress | 3 | €36k |
| Amounts receivable within one year | 40/41 | €45k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €86k |
| Equity | 10/15 | €-3k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-24k |
| Amounts payable | 17/49 | €89k |
| Amounts payable within one year | 42/48 | €89k |
| Trade debts payable within one year | 44 | €49k |
| Income statement | ||
| Gross operating margin | 9900 | €6k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €682 |
| Result before taxes | 9903 | €5k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2022 · computed16
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Directors
Directors & mandates
under verification5 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Directors derived from a single State Gazette act, under verification
All 3 current directors first appear in the same act (22153251). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
-
Bouachaoun MohamedDirectorState Gazette act 22153251 (28-12-2022)Current14-12-2022 → present
-
Bouachaoun SofianeDirectorState Gazette act 22153251 (28-12-2022)Current14-12-2022 → present
-
Yacoubi BilalDirectorState Gazette act 22153251 (28-12-2022)Current14-12-2022 → present
Former directors (2)
-
Arche AhmedDirectorState Gazette act 22153251 (28-12-2022)Former- → 14-12-2022
-
Arche YassineDirectorState Gazette act 22153251 (28-12-2022)Former- → 14-12-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Detailhandel in ICT-apparatuur(47400) |
| Legal form | Private limited company(610) |
| Incorporation | 06-02-2007 |
| Status | Active |
| Postal code | 1000 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
2 locationsRAMASHOP
since 20072.160.499.014
Wayezstraat 69, 1070 Anderlecht
since 20142.229.064.651
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area358 m²
Buildings2
Building footprint323 m²
Volume (LiDAR)6,642 m³
Tallest building31.3 m · ±8 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0691/00G003 | Brussels | 245 m² | 1 · 227 m² | 31.3 m · 8 fl. |
| 21001A0570/00G012 | Brussels | 113 m² | 1 · 95 m² | 15.3 m · 4 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts Capital history · 2
06-01-2025
Capital change
26-09-2023
Capital change
All acts · 3
updated 1 year ago
2025
06-01-2025 Transaction in capital or shares
2023
26-09-2023 All shares are now held by a single shareholder
2022
28-12-2022 3 directors appointed, 2 resigning
- Bouachaoun Sofiane, Bestuurder
- Bouachaoun Mohamed, Bestuurder
- Yacoubi Bilal, Bestuurder
- Arche Ahmed, Bestuurder
- Arche Yassine, Bestuurder
Analysis
Financial profile
5 of 5 axes measured38
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
16
Profitability
0
Solvency
43
Growth
32
Stability
100
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0779.495.760 · Grez-Doiceau
BE 1003.931.489 · Brugge
BE 0766.378.984 · Anderlecht
BE 0768.722.030 · Waterloo
BE 0795.571.333 · Peer
We hold annual accounts for 296 of the 3,220 companies in this sector. 242 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Detailhandel in ICT-apparatuur47400Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels47410Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels47420Telecommunicatie64200Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels47430Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Draadloze telecommunicatie61200
Primary activity highlighted.
Names & trade names
| Legal nameFR | RAMASHOP |
Registered office
Anspachlaan 59
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.