Turnover
≈ €540,000 estimated
The micro format states no turnover.
RAPH COLLIGNON
Overview
Lifetime
1 annual account with figuresGross marginpeak €214,341 (2025)
€214,341
Resultpeak €160,670 (2025)
€160,670
Equitypeak €162,670 (2025)
€162,670
Debts
€66,462
Board1 name since 2025
1 directorCOLLIGNON Raphaël
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Incorporation 09-101 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsAt the same address
7 companies
Position in the sector
€160,670
Higher net result than 95% of companies in education. Sector median €7,312 · 2,608 companies.
Checked score
97
Excellent
Financially stronger than 76% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,823 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthStrong
Score breakdown
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 3.45, cash €66,674
Equity €162,670 (71.0% of total assets)
Size: total assets €229,132
Calculation
The band follows from the bankruptcy probability. 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 85, micro). It does better than 72% of them on solvency, 65% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as RAPH COLLIGNON has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of RAPH COLLIGNON itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for RAPH COLLIGNON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.45, above the usual 1.5. Short-term debt is 29% and cash 29.1% of total assets. 29% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
25 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1028812583
Incorporation
Founding capital of €2,000, 100 shares · Founder: COLLIGNON Raphaël · Appointment: COLLIGNON Raphaël (director) · published on 09-10-2025 · Gazette deed
First establishment
Rue du Vallon 11, Fléron
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| RAPH COLLIGNON Fléron | €229,132 | €214,341 | 71.0% | - |
| Brandsma Performance Oudsbergen | €205,312 | €195,424 | 71.5% | - |
| BieVA Harelbeke | €179,451 | €119,401 | 34.5% | - |
| LIVT Kortrijk | €190,087 | €271,181 | 24.3% | - |
| Dr. Glutes Stabroek | €205,175 | €198,647 | 69.4% | - |
| CoachingByAf Waterloo | €182,766 | €105,592 | 46.9% | - |
| Just Padel Seraing | €197,480 | €84,764 | 25.2% | - |
These companies have the same main activity as RAPH COLLIGNON: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €179,000 and €205,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 07-10-2025Normal situation
- Activity
- Sports and recreation educationNACE 85510and 1 other
- Establishment unit
- 2.380.073.1624624 Fléron, since 07-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Annual accounts 2025
- Gross margin
- €214,341
- Profit
- €160,670
- Equity
- €162,670
- Total assets
- €229,132
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on RAPH COLLIGNON
RAPH COLLIGNON has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162,670 and a net result of €160,670.
Its solvency ranks better than 74% of 2,606 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 06-07-2026, 25 days before the deadlineGross margin
€214,341
Operating result
€214,232
Profit
€160,670
Working capital
€162,670
Solvency
71.0%
Current ratio
3.45
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €540,000. Estimated: probably between €360,000 and €830,000.
Balance sheet
balance sheet total €229,132 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
Solvency71.0%
Higher than 74% of 2,606 companies in 2025.
Current ratio3.45
Higher than 72% of 2,476 companies in 2025.
Return on assets70.1%
Higher than 95% of 2,505 companies in 2025.
RAPH COLLIGNON
Middle half of the sector
80% of the sector
Micro accounts in education (NACE 85)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
Total assets20/58 |
229,132 | |
Current assets29/58 |
229,132 | |
Amounts receivable within one year40/41 |
5,993 | |
Trade receivables40 |
5,488 | |
Other amounts receivable41 |
505 | |
Cash at bank and in hand54/58 |
66,674 | |
Deferred charges and accrued income490/1 |
156,465 | |
| Balance sheet: equity and liabilities | ||
Total equity and liabilities10/49 |
229,132 | |
Equity10/15 |
162,670 | |
Contributions10/11 |
2,000 | |
Profit (loss) carried forward14 |
160,670 | |
Amounts payable17/49 |
66,462 | |
Amounts payable within one year42/48 |
66,462 | |
Trade debts44 |
12,904 | |
Suppliers440/4 |
12,904 | |
Taxes, remuneration and social security45 |
53,559 | |
Taxes450/3 |
53,559 | |
| Income statement | ||
Gross operating margin9900 |
214,341 | |
Other operating charges640/8 |
109 | |
Operating profit (loss)9901 |
214,232 | |
Financial charges65/66B |
3 | |
Recurring financial charges65 |
3 | |
Profit (loss) for the period before taxes9903 |
214,229 | |
Income taxes67/77 |
53,559 | |
Profit (loss) for the period9904 |
160,670 | |
Profit (loss) for the period to be appropriated9905 |
160,670 | |
| Appropriation of the result | ||
Profit (loss) to be appropriated9906 |
160,670 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00265395 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| Working capital | 162,670 | |
| Solvency | 71.0% | |
| Current ratio | 3.45 | |
| Debt to equity | 0.41 | |
| ROE | 98.8% | |
| ROA | 70.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on RAPH COLLIGNON
Debt's share of the balance-sheet total is 29.0%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 09-10-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 06-07-2026
Mandates through the years
1 name, the dashed line is todayCOLLIGNON Raphaël
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- COLLIGNON Raphaël
- Director (not named in the articles), appointed by deed of 09-10-2025, still in office
Control
Founder
COLLIGNON Raphaël
This company
RAPH COLLIGNON
Equity €162,670
Profit €160,670 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €1,627 in 2025
- Source
- deed of 09-10-2025
Articles of association
deed of 09-10-2025 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 09-10-2025 ↗
- COLLIGNON Raphaël 100 shares (100%) · €2,000 in cash
Network & group
No group
RAPH COLLIGNON has no parent and no holdings in its annual accounts. COLLIGNON Raphaël is the only director. RAPH COLLIGNON shares no director with another company.
At the same address
Rue du Vallon 11, 4624 Fléron · 7 other companies| COLLIMMO
registered office since 07-04-2015 · founded in 2015 |
total assets €1.7m (2025) 0627.960.380 |
| Spine and Brain Solution
registered office since 07-04-2015 · founded in 2015 |
total assets €919,403 (2025) 0627.962.162 |
| Collignon, Raphael (sole trader)
establishment since 01-10-2025 |
founded in 2025 1030.189.785 |
| HACO ALLIANCE
registered office since 01-03-2023 |
founded in 2023 0799.802.513 |
| Unité TVA Spine and Brain
registered office since 04-11-2022 |
founded in 2022 0793.280.054 |
| RAPH TENNIS EVOLUTION
registered office since 11-12-2020 |
founded in 2020 0759.683.709 |
| Collignon, Frédéric (sole trader)
establishment since 01-10-2017 |
founded in 2017 0827.091.185 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 25 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1028812583
IncorporationFounding capital of €2,000, 100 shares · Founder: COLLIGNON Raphaël · Appointment: COLLIGNON Raphaël (director) · published on 09-10-20257 points ▸
- Founder, COLLIGNON Raphaël
- Founding capital, €2,000, 100 shares
- COLLIGNON Raphaël holds all the shares
- Registered office clause, rue du Vallon 11, 4624 Fléron (Romsée)
- Board rule, 1
- Director appointment, COLLIGNON Raphaël (director (not named in the articles))
- Permanent representative, COLLIGNON Raphaël
- The deed holds 1 more point.
First establishment Rue du Vallon 11, Fléron
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1028.812.583
- VAT number
- BE 1028.812.583
- Peppol ID
- 0208:1028812583
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-10-2025
- Financial year
- ends on 31 December
- Peppol
- Reachable since 26-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- RAPH COLLIGNON in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-10-2025 (in French)
Activities
NACEBEL 202585510
Sports and recreation education main activity
93192
Activities of independent sportspeople
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La pratique du tennis en Belgique et le sponsoring; Acquérir tout immeuble ou droit réel quelconque sur tout ou partie d’immeuble et…”deed of 09-10-2025 (in French)
7 activities
- La pratique du tennis en Belgique et le sponsoring
- Acquérir tout immeuble ou droit réel quelconque sur tout ou partie d’immeuble et réaliser toute opération d’investissement ou de gestion dans le domaine immobilier
- Exercer toute activité relative à la gestion de tous biens immeubles et droits immobiliers ainsi que le conseil en matière immobilière et la gestion de patrimoine
- Disposer,d’une manière générale,d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet
- S'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
- Exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés
- Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées,au sens le plus large
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue du Vallon 11 registered office 4624 Fléron | 07-10-2025 | 2.380.073.162 |
Buildings and parcels at the address
- Ground area
- 1,075 m²
- Buildings
- 88 m²
- Volume, LiDAR
- 351 m³
- Tallest building
- 6.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62089B0258/00M000 | 1,075 m² | 1 · 88 m² | 6.8 m · 1 |