RAOUL
ActiveRAOUL has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.46M and a net result of €170k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 7971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-1
Solvency83▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 1.86 in 2024; short-term debt: 29.9% and cash: 14.4% of total assets), and 42% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58%
Return on assets
6.8%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
11 d late
2023
23 d late
2022
28 d late
2021
18 d late
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.46M▲ 7.7%
2024 · €1.35M
2019: €1.20M
2020: €1.27M
2021: €1.07M
2022: €1.29M
2023: €1.51M
2024: €1.35M
2019 → 2025
Total assets
€2.51M▼ 6.0%
2024 · €2.67M
2019: €2.34M
2020: €2.48M
2021: €2.38M
2022: €3.05M
2023: €3.16M
2024: €2.67M
2019 → 2025
Net result
€170k▼ 13.4%
2024 · €197k
2019: €57k
2020: €66k
2021: €141k
2022: €286k
2023: €312k
2024: €197k
2019 → 2025
Working capital
€866k▲ 13.0%
2024 · €766k
2019: €833k
2020: €987k
2021: €670k
2022: €797k
2023: €972k
2024: €766k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€1.29M▲ 20.5%€1.51M▲ 17.7%€1.35M▼ 10.6%€1.46M▲ 7.7%
Operating result€206k-€400k▲ 93.9%€449k▲ 12.3%€298k▼ 33.6%€257k▼ 14.0%
Net result€141k-€286k▲ 103%€312k▲ 9.0%€197k▼ 36.9%€170k▼ 13.4%
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; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.51M
Fixed assets
€895k▼ 11.8%
Current assets
€1.62M▼ 2.6%
Equity and liabilities €2.51M
Equity
€1.46M▲ 7.7%
Debt
€1.06M▼ 20.1%
The debt ratio falls from 49.4% to 42.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€459k▼
2024 · €496k
Cash flow
€373k▼
2024 · €394k
Solvency
58.0%▲
2024 · 50.6%
Current ratio
2.15▲
2024 · 1.86
Quick ratio
0.93▼
2024 · 0.99
Debt / equity
0.72▼
2024 · 0.98
ROE
11.7%▼
2024 · 14.6%
ROA
6.8%▼
2024 · 7.4%
Interest coverage
27.30▼
2024 · 29.09
Debt
€1.06M▼
2024 · €1.32M
Debt ≤ 1 year
€752k▼
2024 · €894k
Debt > 1 year
€304k▼
2024 · €427k
Income taxes
€76k▼
2024 · €90k
Staff costs
€431k▲
2024 · €402k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.67M€2.51M▼
Fixed assets21/28€1.01M€895k▼
Tangible fixed assets22/27€1.01M€895k▼
Land and buildings22€676k€655k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€335k€238k▼
Current assets29/58€1.66M€1.62M▼
Stocks and contracts in progress3€774k€917k▲
Stocks30/36€774k€917k▲
Amounts receivable within one year40/41€325k€332k▲
Trade receivables40€312k€309k▼
Other amounts receivable41€13k€23k▲
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€560k€362k▼
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€2.67M€2.51M▼
Equity10/15€1.35M€1.46M▲
Contributions10/11€312k€312k=
Reserves13€1.04M€1.14M▲
Distributable reserves133€1.04M€1.14M▲
Amounts payable17/49€1.32M€1.06M▼
Amounts payable after more than one year17€427k€304k▼
Financial debts170/4€421k€298k▼
Other amounts payable178/9€6k€6k=
Amounts payable within one year42/48€894k€752k▼
Current portion of amounts payable after more than one year42€243k€197k▼
Trade debts44€531k€437k▼
Suppliers440/4€531k€437k▼
Taxes, remuneration and social security45€63k€52k▼
Taxes450/3€31k€16k▼
Remuneration and social security454/9€32k€36k▲
Other amounts payable47/48€57k€66k▲
Income statement
Code20242025
Remuneration, social security and pensions62€402k€431k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198k€202k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-25k
Other operating charges640/8€10k€18k▲
Non-recurring operating charges66A€264k-
Gross operating margin9900€1.17M€883k▼
Operating profit (loss)9901€298k€257k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€17k€17k▼
Recurring financial charges65€17k€17k▼
Profit (loss) for the period before taxes9903€287k€246k▼
Income taxes67/77€90k€76k▼
Profit (loss) for the period9904€197k€170k▼
Profit (loss) for the period to be appropriated9905€197k€170k▼
Appropriation of the result
Profit (loss) to be appropriated9906€197k€170k▼
Transfer from equity791/2€57k€66k▲
Transfer to equity691/2€197k€170k▼
To other reserves6921€197k€170k▼
Profit to be distributed694/7€57k€66k▲
Return on contributions (dividend)694€57k€66k▲
Social balance
Average headcount (FTE)90877.97.9=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
30-06
Financial
Highest result since 2019net €312k ▲9%
Operating result €449k, net result €312k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lierde · 4 establishment units since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg 469570 LierdeGround area
4,946 m²
Building footprint
835 m²
Volume, LiDAR
4,915 m³
3 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Raoul BVBA
since 19992.152.835.618
Raoul BVBA
since 20002.152.837.202
Raoul BVBA
since 20042.152.836.806
Raoul Tankstation
since 20122.213.950.368
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45050B0450/00W000indicative | Flanders | 2,143 m² | 1 · 261 m² | 9.0 m · 2 fl. |
| 45028B0090/00X000 | Flanders | 2,038 m² | 1 · 237 m² | 5.9 m · 2 fl. |
| 41056B0251/00G002 | Flanders | 766 m² | 1 · 337 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
2 of 3 parcels 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 2023 · 2 entries · 264 EUR awarded · 264 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 180 EUR | 180 EUR |
| 2022 | 1 | 84 EUR | 84 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 840 companies in sector 46810 we hold annual accounts for 473. 336 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1998
Fiscal year end30-06
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
52481
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.