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RAPHAEL INVESTISSEMENT

Active
Public limited companyfounded 1991active for 35 yearsPriorijlaan 1, 8434 Middelkerke, BelgiumKBO/BCE: BE 0445.271.669
Summary

RAPHAEL INVESTISSEMENT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274,775 and a net result of €3,305. Equity has been growing by about 3.1% per year since 2019. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-09-1991 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.055.155.133 8434 Middelkerke, since 02-12-1991
Financial year end
30 September
Peppol
Not found in the Peppol Directory

Board and ownership

Board
Shareholders
  • LEO CAPORALIannual accounts 30-09-2017
  • BICE BARTOLINIannual accounts 30-09-2017
  • Raphael CAPORALIannual accounts 30-09-2017

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€7,643
▼ 39.9%
Turnover
≈ €59,000
estimated
Profit
€3,305
▼ 41.3%
Equity
€274,775
▲ 1.2%
Total assets
€285,055
▲ 4.7%
Filed on 20-02-2026, 69 days before the deadline
Score breakdownlowers riskSize: total assets €285,055Liquidity: current ratio 21.31, cash €166,503Equity €274,775 (96.4% of total assets)Founded in 1991Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100=
equity 96.4% of total assets
Liquidity 100=
short-term debt 3.6% · cash 58.4%
Profitability 70-1
return on assets 1.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024highest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 21.31, above the usual 1.5. Short-term debt is 3.6% and cash 58.4% of total assets. 3.6% of the assets are financed with debt and provisions.
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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 49% on profitability and 52% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €285,055
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 21.31, cash €166,503
NBB · annual accounts
lowers risk · Equity €274,775 (96.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-02-2026, 69 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
69 days early
2024
114 days early
2023
95 days early
2022
159 days early
2021
109 days early
2020
155 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 108 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 January (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Key facts about RAPHAEL INVESTISSEMENT

What is the company number of RAPHAEL INVESTISSEMENT?
The company number of RAPHAEL INVESTISSEMENT is 0445.271.669. The VAT number is the same number with BE in front: BE 0445.271.669.
Where is RAPHAEL INVESTISSEMENT based?
The registered office is at Priorijlaan 1, 8434 Middelkerke.Company details
What is the legal form of RAPHAEL INVESTISSEMENT?
The legal form of RAPHAEL INVESTISSEMENT is Public limited company (NV).
When was RAPHAEL INVESTISSEMENT founded?
RAPHAEL INVESTISSEMENT was founded on 23-09-1991.
Is RAPHAEL INVESTISSEMENT still active?
Yes, RAPHAEL INVESTISSEMENT is an active enterprise in the KBO register.
What is the turnover of RAPHAEL INVESTISSEMENT?
The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €7,643 and 6,330 comparable companies of the same size. It probably lies between €27,000 and €140,000. It is a rough estimate.Financials
Is RAPHAEL INVESTISSEMENT profitable?
In financial year 2025, RAPHAEL INVESTISSEMENT made a profit of €3,305.
Where can I find the annual accounts of RAPHAEL INVESTISSEMENT?
RAPHAEL INVESTISSEMENT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RAPHAEL INVESTISSEMENT due?
RAPHAEL INVESTISSEMENT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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