Turnover
≈ €200,000 estimated
The micro format states no turnover.
Raphane
Lifetime
1 annual account with figurespeak €24,464 (2025)
€24,464
peak €17,358 (2025)
€17,358
peak €19,858 (2025)
€19,858
€6,598
Board1 name since 2024
1 directorDUMON Camille Marthe Roger
Documentsfilings and deeds
25-08-202625 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Position in the sector
75.1%
Higher solvency than 80% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
2025 accounts filed 25 days after the deadline
Checked score
87
Excellent
Financially stronger than 90% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.9%
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +0.1 percentage points vs 02-2026
04-2026: 2.3%▲ +0.3 percentage points vs 03-2026
05-2026: 2.4%▲ +0.1 percentage points vs 04-2026
06-2026: 2.7%▲ +0.3 percentage points vs 05-2026
07-2026: 2.7%● unchanged vs 06-2026
08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -2.5 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €26,456
Founded in 2024
lowers risk
Liquidity: current ratio 4.01, cash €13,671
Equity €19,858 (75.1% 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 43, micro). It does better than 90% of them on solvency, 88% on liquidity and 92% 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 low class on 30-06-2025, 0.8% 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 Raphane 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 Raphane itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,448 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 Raphane. 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 €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.01, above the usual 1.5. Short-term debt is 24.9% and cash 51.7% of total assets. 24.9% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017733205
Incorporation
Founding capital of €2,500, 100 shares · Founder: DUMON Valerie Lieve George · Appointment: DUMON Camille Marthe Roger (director) · published on 24-12-2024 · Gazette deed
First establishment
Sint-Martensstraat 14, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Raphane Ghent | €26,456 | €24,464 | 75.1% | - |
| Kartal Tech Ghent | €31,542 | €21,893 | 58.1% | - |
| SGR GROUP Lokeren | €25,477 | €23,655 | 55.6% | - |
| Vindevoghel Tom Kluisbergen | €28,444 | €22,067 | 71.6% | - |
| HAKO Maldegem | €24,995 | €23,357 | 49.8% | - |
| Elektriciteitswerken De Vadder Thomas Buggenhout | €22,664 | €22,692 | 79.3% | - |
| GRG Ostend | €23,559 | €23,670 | 87.8% | - |
These companies have the same main activity as Raphane: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €22,700 and €31,500, founded in 2025.
Official details
Source: KBO- Status
- Active since 20-12-2024Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.368.483.0489000 Ghent, since 20-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Insights on Raphane
Raphane has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,858 and a net result of €17,358.
Its solvency ranks better than 80% of 35,156 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (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 Raphane
- What is the company number of Raphane?
- The company number of Raphane is 1017.733.205. The VAT number is the same number with BE in front: BE 1017.733.205.
- Where is Raphane based?
- The registered office is at Sint-Martensstraat 14, 9000 Ghent.Company details
- What does Raphane do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Raphane?
- Raphane is a private limited company (BV).
- When was Raphane founded?
- Raphane was founded on 20-12-2024.
- Is Raphane still active?
- Yes, Raphane is an active enterprise in the KBO register.
- What is the turnover of Raphane?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €24,464 and 97 comparable companies (NACE 43211). It probably lies between €130,000 and €420,000. It is a rough estimate.Financials
- Is Raphane profitable?
- In financial year 2025, Raphane made a profit of €17,358.
- Where can I find the annual accounts of Raphane?
- Raphane filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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