Turnover
≈ €200,000 estimated
The micro format states no turnover.
Raphaël ACHKAR
Lifetime
1 annual account with figurespeak €115,446 (2025)
€115,446
peak €91,323 (2025)
€91,323
peak €94,323 (2025)
€94,323
€39,498
Board1 name since 2025
1 directorACHKAR, Raphaël Toufic Lambert
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Incorporation 26-031 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 1,200 shares
2025 accounts filed 31 days after the deadline
Checked score
97
Excellent
Financially stronger than 76% of micro companies in legal and accounting (NACE 69)
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 20,104 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 0.3%
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026highest value
09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 3.37, cash €89,971
Equity €94,323 (70.5% of total assets)
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 69, micro). It does better than 68% of them on solvency, 79% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 Raphaël ACHKAR 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 Raphaël ACHKAR itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 Raphaël ACHKAR. 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 €9,000 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 3.37, above the usual 1.5. Short-term debt is 29.5% and cash 67.2% of total assets. 29.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021397726
Incorporation
Founding capital of €3,000, 1,200 shares · Founder: ACHKAR, Raphaël Toufic Lambert · Appointment: ACHKAR, Raphaël Toufic Lambert (director) · published on 26-03-2025 · Gazette deed
First establishment
Renbaanlaan 204, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Raphaël ACHKAR Ixelles | €133,821 | €115,446 | 70.5% | - |
| Seete Legal Ixelles | €144,083 | €131,094 | 64.1% | - |
| Nyatanyi Gilbert Ixelles | €118,791 | €100,955 | 68.7% | - |
| C. Turgot Law Office Brussels | €141,120 | €95,194 | 51.7% | - |
| EDP Brussels Uccle | €154,059 | €106,633 | 69.2% | - |
| Arthé Kontich | €123,712 | €107,302 | 52.9% | - |
| Christopher Andersson Ixelles | €129,235 | €87,334 | 73.5% | - |
These companies have the same main activity as Raphaël ACHKAR: other legal services (NACE 69109). They are comparable in size and age: total assets between €119,000 and €154,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 24-03-2025Normal situation
- Activity
- Other legal servicesNACE 69109
- Establishment unit
- 2.372.541.6081050 Ixelles, since 24-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Insights on Raphaël ACHKAR
Raphaël ACHKAR has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,323 and a net result of €91,323.
Its solvency ranks better than 65% of 15,828 sector peers (NACE 69, 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. Click a figure with a dotted line for the item and the filing.
Key facts about Raphaël ACHKAR
- What is the company number of Raphaël ACHKAR?
- The company number of Raphaël ACHKAR is 1021.397.726. The VAT number is the same number with BE in front: BE 1021.397.726.
- Where is Raphaël ACHKAR based?
- The registered office is at Renbaanlaan 204, 1050 Ixelles.Company details
- What does Raphaël ACHKAR do?
- According to the KBO register, the main activity is other legal services (NACE 69109).
- What is the legal form of Raphaël ACHKAR?
- Raphaël ACHKAR is a private limited company (BV).
- When was Raphaël ACHKAR founded?
- Raphaël ACHKAR was founded on 24-03-2025.
- Is Raphaël ACHKAR still active?
- Yes, Raphaël ACHKAR is an active enterprise in the KBO register.
- What is the turnover of Raphaël ACHKAR?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €115,446 and 38 comparable companies (NACE 691). It probably lies between €160,000 and €300,000.Financials
- Is Raphaël ACHKAR profitable?
- In financial year 2025, Raphaël ACHKAR made a profit of €91,323.
- Where can I find the annual accounts of Raphaël ACHKAR?
- Raphaël ACHKAR filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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