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RANCHO

Bankruptcy closed
Public limited companyfounded 2003Denen 47A, 9080 Lochristi, BelgiumKBO/BCE: BE 0479.385.678

Inactive since 28-05-2026; last annual accounts for fiscal year 2021.

Summary

RANCHO was declared bankrupt on 24-08-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 26-05-2026, published in the Belgian State Gazette on 01-06-2026.

Signals

1 signal.
+raises risk
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 01-06-2026. The registration has since been removed from the register.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RANCHO was incorporated on 24 January 2003.1 Total assets fell from EUR 205,794 in 2019 to EUR 158,118 in 2021.2 On 24 August 2022 the company was declared bankrupt; the bankruptcy was closed on 26 May 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 30-08-2022
  4. 4Belgian State Gazette, 01-06-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
-€51,563▼ 2,865%
2020 · -€1,739
Total assets
€158,118▼ 9.5%
2020 · €174,791
Net result
-€49,824▲ 30.3%
2020 · -€71,489
Working capital
-€47,302
2020 · €8,209
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service 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
Line201920202021
Operating result-€3,754--€52,102▼ 1,288%-€47,953▲ 8.0%
Net result-€6,578--€71,489below the sector's middle half▼ 987%-€49,824below the sector's middle half▲ 30.3%
Equity€69,750--€1,739below the sector's middle half-€51,563below the sector's middle half▼ 2,865%
Total assets€205,794-€174,791within the sector's middle half▼ 15.1%€158,118within the sector's middle half▼ 9.5%
Debt€136,044-€176,530▲ 29.8%€209,681▲ 18.8%
Working capital€82,950-€8,209within the sector's middle half▼ 90.1%-€47,302within the sector's middle half
Solvency33.9%--1.0%below the sector's middle half▼ 34.9pp-32.6%below the sector's middle half▼ 31.6pp
Current ratio2.47-1.07within the sector's middle half▼ 1.400.72within the sector's middle half▼ 0.35
Return on assets (ROA)-3.2%--40.9%below the sector's middle half▼ 37.7pp-31.5%below the sector's middle half▲ 9.4pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2019: -€3,754-€3,754Net result 2019: -€6,578-€6,578Operating result 2020: -€52,102-€52,102Net result 2020: -€71,489-€71,489Operating result 2021: -€47,953-€47,953Net result 2021: -€49,824-€49,824201920202021-€80,000-€60,000-€40,000-€20,000€0Operating result 2019: -€3,754-€3,750Net result 2019: -€6,578-€6,580Operating result 2020: -€52,102-€52,100Net result 2020: -€71,489-€71,500Operating result 2021: -€47,953-€48,000Net result 2021: -€49,824-€49,800201920202021
The operating result stays negative: a loss of €47,953 in 2021 against €52,102 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €158,118
Fixed assets €34,464 ▼ 30.8%
Current assets €123,653 ▼ 1.1%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€32,641▲
2020 · -€35,510
Cash flow
-€34,512▲
2020 · -€54,897
Quick ratio
0.62▼
2020 · 0.83
Debt to equity
-0.75▲
2020 · -34.35
Debt ≤ 1 year
€170,955▲
2020 · €116,805
Debt > 1 year
€38,726▼
2020 · €59,724
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 26 lines
Balance sheet Code20202021
Assets
Total assets20/58€174,791€158,118▼
Fixed assets21/28€49,777€34,464▼
Tangible fixed assets22/27€48,277€32,964▼
Financial fixed assets28€1,500€1,500=
Current assets29/58€125,014€123,653▼
Stocks and contracts in progress3€27,670€17,618▼
Amounts receivable within one year40/41€92,438€93,994▲
Cash at bank and in hand54/58€4,906€12,042▲
Equity and liabilities
Total equity and liabilities10/49€174,791€158,118▼
Equity10/15-€1,739-€51,563▼
Contributions10/11€163,937€163,937=
Reserves13€6,250€6,250=
Profit (loss) carried forward14-€171,926-€221,750▼
Amounts payable17/49€176,530€209,681▲
Amounts payable after more than one year17€59,724€38,726▼
Amounts payable within one year42/48€116,805€170,955▲
Trade debts44€34,800€68,431▲
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,592€15,312▼
Gross operating margin9900-€28,498-€30,558▼
Operating profit (loss)9901-€52,102-€47,953▲
Recurring financial income75€0-
Recurring financial charges65€7,577€1,871▼
Profit (loss) for the period before taxes9903-€59,679-€49,824▲
Income taxes67/77€11,810-
Profit (loss) for the period9904-€71,489-€49,824▲
Profit (loss) for the period to be appropriated9905-€71,489-€49,824▲
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,592€16,592€15,312▼ 7.7%
Gross operating margin9900€13,927-€28,498-€30,558▼ 7.2%
Operating profit (loss)9901-€3,754-€52,102-€47,953▲ 8.0%
Recurring financial income75€434€0--
Recurring financial charges65€3,258€7,577€1,871▼ 75.3%
Profit (loss) for the period before taxes9903-€6,578-€59,679-€49,824▲ 16.5%
Income taxes67/77-€11,810--
Profit (loss) for the period9904-€6,578-€71,489-€49,824▲ 30.3%
Profit (loss) for the period to be appropriated9905-€6,578-€71,489-€49,824▲ 30.3%
Line201920202021Change
Assets
Total assets20/58€205,794€174,791€158,118▼ 9.5%
Fixed assets21/28€66,369€49,777€34,464▼ 30.8%
Tangible fixed assets22/27€64,869€48,277€32,964▼ 31.7%
Financial fixed assets28€1,500€1,500€1,500=
Current assets29/58€139,425€125,014€123,653▼ 1.1%
Stocks and contracts in progress3€41,228€27,670€17,618▼ 36.3%
Amounts receivable within one year40/41€97,719€92,438€93,994▲ 1.7%
Cash at bank and in hand54/58€478€4,906€12,042▲ 145%
Equity and liabilities
Total equity and liabilities10/49€205,794€174,791€158,118▼ 9.5%
Equity10/15€69,750-€1,739-€51,563▼ 2,865%
Contributions10/11€163,937€163,937€163,937=
Reserves13€6,250€6,250€6,250=
Profit (loss) carried forward14-€100,437-€171,926-€221,750▼ 29.0%
Amounts payable17/49€136,044€176,530€209,681▲ 18.8%
Amounts payable after more than one year17€79,568€59,724€38,726▼ 35.2%
Amounts payable within one year42/48€56,476€116,805€170,955▲ 46.4%
Trade debts44€24,967€34,800€68,431▲ 96.6%
Line201920202021Change
Profit (loss) for the period9904-€6,578-€71,489-€49,824▲ 30.3%
+ Depreciation and write-downs630€16,592€16,592€15,312▼ 7.7%
Operating cash flow (approximation)€10,014-€54,897-€34,512▲ 37.1%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€4,428€7,136▲ 61.1%

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

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Timeline · acts, filings and financial milestones

2026
01-06
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 26-05-2026
2022
30-08
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 24-08-2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 516 days late
2020
31-03
Financial Weakest financial yearnet -€71,489
Net result drops to -€71,489, the lowest in the series.
2019
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
27-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
20-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
22-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
28-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Lochristi
exact location from the address register On OpenStreetMap
Ground area
3,912 m²
Building footprint
2,756 m²
Volume, LiDAR
13,700 m³
Parcel 44034B0508/00A002, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44034B0508/00A002 Flanders 3,912 m² 1 · 2,756 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator BOB CAMMAERT
TONDELIERLAAN 15, BUS 701, 9000 GENT
24-08-2022 → 26-05-2026

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,705 companies in sector 01480 we hold annual accounts for 161. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded24-01-2003
Fiscal year end31-03
Activities, NACEBEL 2025
01480Raising of other animals
47762Retail sale of pets, pet food and pet supplies
68310Real estate agency activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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