Summary
RANK1 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €825k and a net result of €34k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 6157 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 6157 sector peers (2024).
NBB · sector comparisonPosition among 6157 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
36 d early
2022
20 d early
2021
1 d late
2020
11 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€825k▼ 48.1%
2023 · €1.59M
2018: €291klowest in 7 years
2019: €491k▲ +68.4% vs 2018
2020: €543k▲ +10.6% vs 2019
2021: €790k▲ +45.6% vs 2020
2022: €1.31M▲ +65.3% vs 2021
2023: €1.59M▲ +21.8% vs 2022highest in 7 years
2024: €825k▼ -48.1% vs 2023
2018 → 2024
Net result
€34k▼ 87.9%
2023 · €285k
2018: €375k
2019: €334k▼ -10.9% vs 2018
2020: €227k▼ -32.1% vs 2019
2021: €248k▲ +9.0% vs 2020
2022: €596k▲ +141% vs 2021highest in 7 years
2023: €285k▼ -52.2% vs 2022
2024: €34k▼ -87.9% vs 2023lowest in 7 years
2018 → 2024
Total assets
€3.48M▼ 3.0%
2023 · €3.58M
2018: €1.68Mlowest in 7 years
2019: €1.71M▲ +1.5% vs 2018
2020: €1.83M▲ +7.1% vs 2019
2021: €2.13M▲ +16.3% vs 2020
2022: €3.62M▲ +70.0% vs 2021highest in 7 years
2023: €3.58M▼ -0.9% vs 2022
2024: €3.48M▼ -3.0% vs 2023
2018 → 2024
Solvency
23.7%▼ 20.7pp
2023 · 44.4%
2018: 17.3%lowest in 7 years
2019: 28.8%▲ +65.9% vs 2018
2020: 29.7%▲ +3.3% vs 2019
2021: 37.2%▲ +25.2% vs 2020
2022: 36.1%▼ -2.8% vs 2021
2023: 44.4%▲ +22.9% vs 2022highest in 7 years
2024: 23.7%▼ -46.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€7.05M-€7.29M▲ 3.4%€10.40M▲ 42.7%€10.44M▲ 0.3%€9.92M▼ 4.9%
2020: €7.05Mlowest in 5 years
2021: €7.29M▲ +3.4% vs 2020
2022: €10.40M▲ +42.7% vs 2021
2023: €10.44M▲ +0.3% vs 2022highest in 5 years
2024: €9.92M▼ -4.9% vs 2023
Equity€543k-€790k▲ 45.6%€1.31M▲ 65.3%€1.59M▲ 21.8%€825k▼ 48.1%
2020: €543klowest in 5 years
2021: €790k▲ +45.6% vs 2020
2022: €1.31M▲ +65.3% vs 2021
2023: €1.59M▲ +21.8% vs 2022highest in 5 years
2024: €825k▼ -48.1% vs 2023
Operating result€310k-€392k▲ 26.7%€842k▲ 115%€444k▼ 47.3%€12k▼ 97.4%
2020: €310k
2021: €392k▲ +26.7% vs 2020
2022: €842k▲ +115% vs 2021highest in 5 years
2023: €444k▼ -47.3% vs 2022
2024: €12k▼ -97.4% vs 2023lowest in 5 years
Net result€227k-€248k▲ 9.0%€596k▲ 141%€285k▼ 52.2%€34k▼ 87.9%
2020: €227k
2021: €248k▲ +9.0% vs 2020
2022: €596k▲ +141% vs 2021highest in 5 years
2023: €285k▼ -52.2% vs 2022
2024: €34k▼ -87.9% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 97% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.48M
Fixed assets
€1k ▼ 36.8%
Current assets
€3.48M ▼ 3.0%
Equity and liabilities €3.48M
Equity
€825k ▼ 48.1%
Debt
€2.65M ▲ 33.0%
Debt's share of the balance-sheet total rises from 55.6% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
4.2%▼
2023 · 17.9%
ROA
1.0%▼
2023 · 7.9%
Debt ≤ 1 year
€2.42M▲
2023 · €1.65M
Income taxes
€42k▼
2023 · €133k
Staff costs
€2.33M▲
2023 · €2.19M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.58M€3.48M▼
Fixed assets21/28€2k€1k▼
Intangible fixed assets21€2k€877▼
Financial fixed assets28€332€332=
Current assets29/58€3.58M€3.48M▼
Amounts receivable within one year40/41€2.70M€1.99M▼
Trade receivables40€2.19M€1.42M▼
Other amounts receivable41€509k€569k▲
Cash at bank and in hand54/58€867k€1.46M▲
Deferred charges and accrued income490/1€17k€24k▲
Equity and liabilities
Total equity and liabilities10/49€3.58M€3.48M▼
Equity10/15€1.59M€825k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€181k€181k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€175k€175k=
Profit (loss) carried forward14€1.35M€583k▼
Amounts payable17/49€1.99M€2.65M▲
Amounts payable within one year42/48€1.65M€2.42M▲
Financial debts43€130k€147k▲
Credit institutions430/8€130k€147k▲
Trade debts44€1.10M€1.12M▲
Suppliers440/4€1.10M€1.12M▲
Taxes, remuneration and social security45€414k€353k▼
Taxes450/3€137k€99k▼
Remuneration and social security454/9€278k€254k▼
Other amounts payable47/48€0€800k▲
Accrued charges and deferred income492/3€347k€227k▼
Income statement
Code20232024
Turnover70€10.44M€9.92M▼
Goods, raw materials, services and sundry goods60/61€7.85M€7.40M▼
Remuneration, social security and pensions62€2.19M€2.33M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705€705=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€214k
Other operating charges640/8€3k€3k▼
Gross operating margin9900€2.64M€2.56M▼
Operating profit (loss)9901€444k€12k▼
Financial income75/76B€18k€117k▲
Recurring financial income75€18k€117k▲
Financial charges65/66B€44k€52k▲
Recurring financial charges65€44k€52k▲
Profit (loss) for the period before taxes9903€418k€77k▼
Income taxes67/77€133k€42k▼
Profit (loss) for the period9904€285k€34k▼
Transfer to tax-exempt reserves689€175k€0▼
Profit (loss) for the period to be appropriated9905€110k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.35M€1.38M▲
Profit (loss) brought forward from the previous period14P€1.24M€1.35M▲
Profit to be distributed694/7€0€800k▲
Return on contributions (dividend)694-€800k
Directors or managers695€0-
Social balance
Average headcount (FTE)908728.831.6▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €7.05M | €7.29M | €10.40M | €10.44M | €9.92M | ▼ 4.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €5.34M | €7.64M | €7.85M | €7.40M | ▼ 5.7% |
| Remuneration, social security and pensions62 | - | €1.61M | €1.93M | €2.19M | €2.33M | ▲ 6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €541 | €533 | €705 | €705 | €705 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €214k | - |
| Other operating charges640/8 | - | €2k | €14k | €3k | €3k | ▼ 15.6% |
| Gross operating margin9900 | €1.75M | €2.00M | €2.78M | €2.64M | €2.56M | ▼ 3.0% |
| Operating profit (loss)9901 | €310k | €392k | €842k | €444k | €12k | ▼ 97.4% |
| Financial income75/76B | - | €249 | €3k | €18k | €117k | ▲ 555% |
| Recurring financial income75 | €1k | €249 | €3k | €18k | €117k | ▲ 555% |
| Financial charges65/66B | - | €29k | €38k | €44k | €52k | ▲ 17.9% |
| Recurring financial charges65 | €24k | €29k | €38k | €44k | €52k | ▲ 17.9% |
| Profit (loss) for the period before taxes9903 | €287k | €364k | €807k | €418k | €77k | ▼ 81.7% |
| Income taxes67/77 | €60k | €116k | €211k | €133k | €42k | ▼ 68.3% |
| Profit (loss) for the period9904 | €227k | €248k | €596k | €285k | €34k | ▼ 87.9% |
| Transfer to tax-exempt reserves689 | - | - | - | €175k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €227k | €248k | €596k | €110k | €34k | ▼ 68.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.83M | €2.13M | €3.62M | €3.58M | €3.48M | ▼ 3.0% |
| Fixed assets21/28 | €186 | €3k | €2k | €2k | €1k | ▼ 36.8% |
| Intangible fixed assets21 | - | €3k | €2k | €2k | €877 | ▼ 44.6% |
| Financial fixed assets28 | €186 | €186 | €86 | €332 | €332 | = |
| Current assets29/58 | €1.83M | €2.12M | €3.61M | €3.58M | €3.48M | ▼ 3.0% |
| Amounts receivable within one year40/41 | €1.36M | €1.38M | €3.34M | €2.70M | €1.99M | ▼ 26.3% |
| Trade receivables40 | - | €976k | €2.88M | €2.19M | €1.42M | ▼ 35.1% |
| Other amounts receivable41 | - | €400k | €464k | €509k | €569k | ▲ 11.6% |
| Cash at bank and in hand54/58 | €452k | €711k | €249k | €867k | €1.46M | ▲ 68.6% |
| Deferred charges and accrued income490/1 | - | €36k | €20k | €17k | €24k | ▲ 39.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.83M | €2.13M | €3.62M | €3.58M | €3.48M | ▼ 3.0% |
| Equity10/15 | €543k | €790k | €1.31M | €1.59M | €825k | ▼ 48.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €6k | €6k | €6k | €181k | €181k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | - | - | €175k | €175k | = |
| Profit (loss) carried forward14 | €475k | €723k | €1.24M | €1.35M | €583k | ▼ 56.8% |
| Amounts payable17/49 | €1.29M | €1.34M | €2.31M | €1.99M | €2.65M | ▲ 33.0% |
| Amounts payable within one year42/48 | €1.06M | €996k | €1.76M | €1.65M | €2.42M | ▲ 47.3% |
| Financial debts43 | - | €137k | €73k | €130k | €147k | ▲ 12.7% |
| Credit institutions430/8 | - | €137k | €73k | €130k | €147k | ▲ 12.7% |
| Trade debts44 | €596k | €562k | €1.19M | €1.10M | €1.12M | ▲ 2.1% |
| Suppliers440/4 | - | €562k | €1.19M | €1.10M | €1.12M | ▲ 2.1% |
| Taxes, remuneration and social security45 | - | €297k | €425k | €414k | €353k | ▼ 14.8% |
| Taxes450/3 | - | €126k | €216k | €137k | €99k | ▼ 27.5% |
| Remuneration and social security454/9 | - | €171k | €209k | €278k | €254k | ▼ 8.5% |
| Other amounts payable47/48 | - | €0 | €80k | €0 | €800k | - |
| Accrued charges and deferred income492/3 | - | €340k | €544k | €347k | €227k | ▼ 34.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €227k | €248k | €596k | €285k | €34k | ▼ 87.9% |
| + Depreciation and write-downs630 | €541 | €533 | €705 | €705 | €705 | = |
| Operating cash flow (approximation) | €228k | €248k | €597k | €285k | €35k | ▼ 87.7% |
| Investment in fixed assets (approximation) | - | €-4k | €100 | €-246 | €0 | ▲ 100% |
| Change in cash | - | €259k | €-462k | €618k | €595k | ▼ 3.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €34k ▼87.9%
Net result drops to €34k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €596k ▲141%
Operating result €842k, net result €596k, both a record.
31-12
Financial
Equity above €1MEq €1.31M ▲65.3%
5 profitable years in a row build equity to €1.31M.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €543k ▲10.6%
3 profitable years in a row build equity to €543k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Kontich · 1 establishment unit since 2004
Ground area
4,007 m²
Building footprint
1,313 m²
Volume, LiDAR
5,663 m³
Parcel 11024G0018/00L000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
RANK1
since 20042.142.480.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0018/00L000 | Flanders | 4,007 m² | 1 · 1,313 m² | 6.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,884 EUR awarded · 1,884 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,040 EUR | 1,040 EUR |
| 2024 | 1 | 585 EUR | 585 EUR |
| 2022 | 1 | 259 EUR | 259 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 13,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
64210Activities of holding companies
Contact
Website
www.rank1.be
E-mail
info@rank1.be
Scores and ratios are computed by Checked and are not a credit decision.