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RAN PRO CONSTRUCT

Active
Private limited companyfounded 2019active for 7 yearsWolfgat 3, 9260 Wichelen, BelgiumKBO/BCE: BE 0732.570.922
Summary

The computed 12-month bankruptcy probability of RAN PRO CONSTRUCT is 1.6% (moderate). The annual accounts of RAN PRO CONSTRUCT for financial year 2025 show a net loss of 53% of total assets. The 2025 annual accounts show equity of €49,199 and a net result of -€46,435. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 60% of 34,590 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
€88,346total assets 2025
Equity
€49,199
Loss
-€46,435
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Accounts 22 days early0 of 3 deeds read
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €46,435, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)Founded in 2019Size: total assets €88,346Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 33% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 81-12
equity 55.7% of total assets
Liquidity 60-18
short-term debt 15.6% · cash 10.8%
Profitability 0=
return on assets -52.6%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%▼ -0.5 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.7%▲ +0.1 percentage points vs 01-2026 03-2026: 1.5%▲ +0.8 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.6%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.24, compared with 6.7 in 2024, above the usual 1.5; short-term debt: 15.6% and cash: 10.8% of total assets), and 44.3% of the assets are financed with debt and provisions.
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 43, micro): better than 61% on solvency, 58% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
raises riskneutral
raises risk · Loss of €46,435, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €88,346
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€46,435
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 06-02-2026, 22 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
22 days early
2024
15 days early
2023
6 days early
2022
22 days early
2021
12 days 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 15 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 13 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end22-10-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€52,537

Financials · financial year 2025, micro format

Equity
€49,199▼ 48.6%
2024 · €95,634
Total assets
€88,346▼ 37.4%
2024 · €141,061
Net result
-€46,435▲ 11.6%
2024 · -€52,537
Working capital
€30,862▼ 49.3%
2024 · €60,840
Trend over the years

2021 to 2025, 5 financial years

The operating result stays negative: a loss of €44,269 in 2025 against €44,005 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.

Operating result-€44,269 2025 Net result-€46,435 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€111,647-€20,946▼ 81.2%€28,614▲ 36.6%-€44,005-€44,269▼ 0.6%
Net result€87,972above the sector's middle half-€18,048within the sector's middle half▼ 79.5%€22,359within the sector's middle half▲ 23.9%-€52,537below the sector's middle half-€46,435below the sector's middle half▲ 11.6%
Equity€107,765within the sector's middle half-€125,813within the sector's middle half▲ 16.7%€148,172above the sector's middle half▲ 17.8%€95,634within the sector's middle half▼ 35.5%€49,199within the sector's middle half▼ 48.6%
Total assets€182,870within the sector's middle half-€183,723within the sector's middle half▲ 0.5%€241,249within the sector's middle half▲ 31.3%€141,061within the sector's middle half▼ 41.5%€88,346within the sector's middle half▼ 37.4%
Debt€75,106-€57,910▼ 22.9%€93,077▲ 60.7%€45,426▼ 51.2%€39,147▼ 13.8%
Working capital€88,242above the sector's middle half-€65,449within the sector's middle half▼ 25.8%€100,749above the sector's middle half▲ 53.9%€60,840within the sector's middle half▼ 39.6%€30,862within the sector's middle half▼ 49.3%
Solvency58.9%within the sector's middle half-68.5%above the sector's middle half▲ 9.6pp61.4%within the sector's middle half▼ 7.1pp67.8%within the sector's middle half▲ 6.4pp55.7%within the sector's middle half▼ 12.1pp
Current ratio3.18above the sector's middle half-5.65above the sector's middle half▲ 2.465.38above the sector's middle half▼ 0.276.70above the sector's middle half▲ 1.323.24within the sector's middle half▼ 3.45
Return on assets (ROA)48.1%above the sector's middle half-9.8%within the sector's middle half▼ 38.3pp9.3%within the sector's middle half▼ 0.6pp-37.2%below the sector's middle half▼ 46.5pp-52.6%below the sector's middle half▼ 15.3pp
above within below the middle half of NACE 43, Specialised construction 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,346
Fixed assets €43,726 ▼ 37.1%
Current assets €44,619 ▼ 37.6%
Equity and liabilities €88,346
Equity €49,199 ▼ 48.6%
Debt €39,147 ▼ 13.8%
Debt's share of the balance-sheet total rises from 32.2% to 44.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€18,994▼
2024 · -€5,940
Cash flow
-€21,160▼
2024 · -€14,473
Debt to equity
0.80▲
2024 · 0.48
ROE
-94.4%▼
2024 · -54.9%
Interest coverage
-8.32▼
2024 · -0.65
Debt ≤ 1 year
€13,757▲
2024 · €10,678
Debt > 1 year
€25,389▼
2024 · €34,749
Income taxes
€84▼
2024 · €141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87.3% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
9.5% stopped otherwise
87.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 3,592 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€141,061€88,346▼
Fixed assets21/28€69,543€43,726▼
Tangible fixed assets22/27€69,543€43,726▼
Plant, machinery and equipment23€4,716€1,665▼
Furniture and vehicles24€1,370€269▼
Leasing and similar rights25€63,456€41,792▼
Current assets29/58€71,518€44,619▼
Amounts receivable within one year40/41€34,376€19,890▼
Trade receivables40€12,524€6,583▼
Other amounts receivable41€21,852€13,307▼
Cash at bank and in hand54/58€31,943€9,563▼
Deferred charges and accrued income490/1€5,199€15,166▲
Equity and liabilities
Total equity and liabilities10/49€141,061€88,346▼
Equity10/15€95,634€49,199▼
Contributions10/11€1,000€1,000=
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Profit (loss) carried forward14€94,534€48,099▼
Amounts payable17/49€45,426€39,147▼
Amounts payable after more than one year17€34,749€25,389▼
Financial debts170/4€34,749€25,389▼
Amounts payable within one year42/48€10,678€13,757▲
Current portion of amounts payable after more than one year42€1,511€2,571▲
Trade debts44€7,805€4,367▼
Suppliers440/4€7,805€4,367▼
Taxes, remuneration and social security45€1,362€6,819▲
Taxes450/3€1,362-
Remuneration and social security454/9-€6,819
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,064€25,275▼
Other operating charges640/8€1,615€2,038▲
Non-recurring operating charges66A-€541
Gross operating margin9900-€4,326-€16,414▼
Operating profit (loss)9901-€44,005-€44,269▼
Financial income75/76B€801€200▼
Recurring financial income75€801€200▼
Financial charges65/66B€9,192€2,282▼
Recurring financial charges65€9,192€2,282▼
Profit (loss) for the period before taxes9903-€52,396-€46,351▲
Income taxes67/77€141€84▼
Profit (loss) for the period9904-€52,537-€46,435▲
Profit (loss) for the period to be appropriated9905-€52,537-€46,435▲
Appropriation of the result
Profit (loss) to be appropriated9906€94,534€48,099▼
Profit (loss) brought forward from the previous period14P€147,072€94,534▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,261€24,521€34,550€38,064€25,275▼ 33.6%
Other operating charges640/8-€1,072€1,359€1,615€2,038▲ 26.2%
Non-recurring operating charges66A----€541-
Gross operating margin9900€117,315€46,539€64,522-€4,326-€16,414▼ 279%
Operating profit (loss)9901€111,647€20,946€28,614-€44,005-€44,269▼ 0.6%
Financial income75/76B-€199€12€801€200▼ 75.0%
Recurring financial income75€161€199€12€801€200▼ 75.0%
Financial charges65/66B-€1,764€129€9,192€2,282▼ 75.2%
Recurring financial charges65€5,344€1,764€129€9,192€2,282▼ 75.2%
Profit (loss) for the period before taxes9903€106,464€19,381€28,497-€52,396-€46,351▲ 11.5%
Income taxes67/77€18,492€1,333€6,138€141€84▼ 40.4%
Profit (loss) for the period9904€87,972€18,048€22,359-€52,537-€46,435▲ 11.6%
Profit (loss) for the period to be appropriated9905€87,972€18,048€22,359-€52,537-€46,435▲ 11.6%
Line20212022202320242025Change
Assets
Total assets20/58€182,870€183,723€241,249€141,061€88,346▼ 37.4%
Fixed assets21/28€54,239€104,188€117,498€69,543€43,726▼ 37.1%
Tangible fixed assets22/27€54,239€104,188€117,498€69,543€43,726▼ 37.1%
Plant, machinery and equipment23-€18,798€12,114€4,716€1,665▼ 64.7%
Furniture and vehicles24-€15,328€9,022€1,370€269▼ 80.3%
Leasing and similar rights25-€70,062€96,362€63,456€41,792▼ 34.1%
Current assets29/58€128,632€79,535€123,751€71,518€44,619▼ 37.6%
Amounts receivable within one year40/41€90,445€74,530€68,039€34,376€19,890▼ 42.1%
Trade receivables40-€71,189€53,499€12,524€6,583▼ 47.4%
Other amounts receivable41-€3,341€14,540€21,852€13,307▼ 39.1%
Cash at bank and in hand54/58€36,325€519€22,132€31,943€9,563▼ 70.1%
Deferred charges and accrued income490/1-€4,487€33,580€5,199€15,166▲ 192%
Equity and liabilities
Total equity and liabilities10/49€182,870€183,723€241,249€141,061€88,346▼ 37.4%
Equity10/15€107,765€125,813€148,172€95,634€49,199▼ 48.6%
Contributions10/11-€1,000€1,000€1,000€1,000=
Reserves13€100€100€100€100€100=
Non-distributable reserves130/1-€100€100€100€100=
Reserves not available under the articles1311-€100€100€100€100=
Profit (loss) carried forward14€106,665€124,713€147,072€94,534€48,099▼ 49.1%
Amounts payable17/49€75,106€57,910€93,077€45,426€39,147▼ 13.8%
Amounts payable after more than one year17€34,715€43,823€70,075€34,749€25,389▼ 26.9%
Financial debts170/4-€43,823€70,075€34,749€25,389▼ 26.9%
Amounts payable within one year42/48€40,390€14,087€23,002€10,678€13,757▲ 28.8%
Current portion of amounts payable after more than one year42-€8,045€7,310€1,511€2,571▲ 70.2%
Trade debts44€4,118€1,797€15,691€7,805€4,367▼ 44.1%
Suppliers440/4-€1,797€15,691€7,805€4,367▼ 44.1%
Taxes, remuneration and social security45-€4,245-€1,362€6,819▲ 401%
Taxes450/3-€1,333-€1,362--
Remuneration and social security454/9-€2,912--€6,819-
Line20212022202320242025Change
Profit (loss) for the period9904€87,972€18,048€22,359-€52,537-€46,435▲ 11.6%
+ Depreciation and write-downs630€5,261€24,521€34,550€38,064€25,275▼ 33.6%
Operating cash flow (approximation)€93,233€42,569€56,908-€14,473-€21,160▼ 46.2%
Investment in fixed assets (approximation)--€74,470-€47,860€9,891€541▼ 94.5%
Change in cash--€35,807€21,613€9,811-€22,380-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-07-2025 micro format 06-02-2026 2026-00038790
31-07-2024 micro format 13-02-2025 2025-00034654
31-07-2023 micro format 23-02-2024 2024-00035342
31-07-2022 micro format 06-02-2023 2023-00023807
31-07-2021 micro format 16-02-2022 2022-05700203

Similar companies · same sector, comparable size

Of the 6,998 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,535. 3,035 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

RAN PRO CONSTRUCT was incorporated on 13 August 2019 as a private limited company.1 Total assets fell from €182,870 in 2021 to €88,346 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 28-02-2027
2026
06-02
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
13-02
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-07
Financial Weakest financial yearnet -€52,537
Net result drops to -€52,537, the lowest in the series; recovery starts the following year.
23-02
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
06-02
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
16-02
NBB filing Annual accounts filed
financial year 2021 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded13-08-2019
Financial year end31-07
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail ranproconstruct@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0732570922
Registered 09-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0732.570.922

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
3,025 m²
Building footprint
328 m²
Building volume
1,609 m³
Parcel 42020B0525/00A000, Flanders · tallest building 8.5 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
RAN PRO CONSTRUCT
Wolfgat 3, 9260 WichelenPlumbing work
since 2019unit no. 2.292.022.995
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42020B0525/00A000 Flanders 3,025 m² 1 · 328 m² 8.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.