RAR BUILD
ActiveThe file of RAR BUILD contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.4% (moderate). The 2024 annual accounts show equity of €11k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 1124 sector peers (fiscal year 2024).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency58▲+43
Growth78▲+46
Track record79
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.87 against 0.26 in 2023; short-term debt: 67.5% and cash: 0.1% of total assets), and 67.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.5%
Return on assets
39.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-04-2026, 253 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
253 d late
2023
211 d late
2022
25 d early
2021
199 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€14k
2023 · €-8k
2021: €-2k
2022: €0
2023: €-8k
2021 → 2024
Working capital
€-3k▲ 83.3%
2023 · €-18k
2021: €-2k
2022: €-2k
2023: €-18k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€0
Equity€-2k-€-2k=€-2k▼ 2.4%€11k
Operating result€-2k-€0€-8k€14k
Net result€-2k-€0€-8k€14k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14k after a loss of €8k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€14k▼ 18.9%
Current assets
€20k▲ 222%
Equity and liabilities €35k
Equity
€11k
Debt
€23k
Debt finances 67.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€17k▲
2023 · €-5k
Cash flow
€17k▲
2023 · €-5k
Solvency
32.5%▲
2023 · -9.6%
Current ratio
0.87▲
2023 · 0.26
Quick ratio
0.87▲
2023 · 0.26
Debt / equity
2.08▲
2023 · -11.42
ROE
120.3%
ROA
39.1%▲
2023 · -33.6%
Interest coverage
6431.44▲
2023 · -31.98
Debt
€23k▼
2023 · €26k
Debt ≤ 1 year
€23k▼
2023 · €24k
Staff costs
€14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€35k▲
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€12k€9k▼
Furniture and vehicles24€4k€3k▼
Leasing and similar rights25€9k€6k▼
Financial fixed assets28€5k€5k=
Current assets29/58€6k€20k▲
Amounts receivable within one year40/41€6k€20k▲
Trade receivables40€2k€15k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58-€48
Equity and liabilities
Total equity and liabilities10/49€24k€35k▲
Equity10/15€-2k€11k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-10k€3k▲
Amounts payable17/49€26k€23k▼
Amounts payable within one year42/48€24k€23k▼
Financial debts43€746€746=
Credit institutions430/8€746€746=
Taxes, remuneration and social security45-€1k
Taxes450/3-€30
Remuneration and social security454/9-€1k
Other amounts payable47/48€23k€22k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€45€3k▲
Gross operating margin9900€-5k€34k▲
Operating profit (loss)9901€-8k€14k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€150€3▼
Recurring financial charges65€150€3▼
Profit (loss) for the period before taxes9903€-8k€14k▲
Profit (loss) for the period9904€-8k€14k▲
Profit (loss) for the period to be appropriated9905€-8k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€3k▲
Profit (loss) brought forward from the previous period14P€-2k€-10k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 253 days late
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 211 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 3 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
12-07
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: RAR BUILD BV- NIEUWSTRAAT 118, 1730 ASSE
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 199 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Asse · 1 establishment unit since 2023
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.
Breughelpark 31731 AsseGround area
5,956 m²
Building footprint
1,239 m²
Volume, LiDAR
35,441 m³
Parcel 23095B0183/00Z004, Flanders · tallest building 42.3 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
RAR BUILD
since 20232.343.533.163
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0183/00Z004 | Flanders | 5,956 m² | 1 · 1,239 m² | 42.3 m · 12 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ABRU LINE
BE 0805.311.222
Asse · Eq €11k
TRANSLO
BE 0455.089.455
Sint-Jans-Molenbeek · Eq €11k
MBK TRANS
BE 0763.360.603
Andenne · Eq €11k
KUBITAN
BE 0755.451.638
Gent · Eq €11k
MAK.F
BE 0780.900.973
Brussel · Eq €11k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 4,090 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.