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RARA AVIS

Active Private limited companyfounded 1998active for 28 yearsWetterensteenweg 110, 9230 WetterenKBO/BCE: BE 0464.439.265

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 1999
peak €314,732 (2021)
€98,676▼ 27.0%
lowest -€83,962 (2012)
€3,190▼ 83.0%
peak €550,506 (2007)
€500,414▲ 0.5%
€210,884▼ 20.3%
peak 1.6 FTE (2007)
-not published
Board1 name since 2021
1 directorCOPPENS Marleen
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €135,152 to €98,676Result from €18,790 to €3,190Dividend €833Debts from €264,755 to €210,884Cash from €19,721 to €8,803

Key points

from the 2025 annual accounts

Equity

€500,414 ▲ 0.5%
498,0562024+3,190Profit-833Dividend500,4142025

RARA AVIS paid out €833 in dividends. That is 26% of the 2025 profit.

Turnover

≈ €300,000 estimated

The micro format states no turnover.

Position in the sector

€500,414

More equity than 95% of companies in employment activities. Sector median €55,985 · 981 companies.

Checked score

94
Excellent
Financially stronger than 50% of micro companies in employment activities (NACE 78)
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: 0.3% across 1,379 companies (NACE 78, micro).

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 12-2024 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 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 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

Financial strength
Strong

95+5equity 70.4% of total assets
52-1short-term debt 8.6% · cash 1.2%
69-3return on assets 0.4%

Score breakdown

raises risk
Liquidity: current ratio 1.70, cash €8,803, halved
lowers risk
Size: total assets €711,298
Founded in 1998
Figures for financial year 2025 (filed on 28-07-2026)
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 78, micro). It does better than 72% of them on solvency, 44% on liquidity, 41% on profitability and 43% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 14,766 companies had the same profile as RARA AVIS has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RARA AVIS 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for RARA AVIS. 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 €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.7 (1.13 in 2024), above the usual 1.5. Short-term debt is 8.6% and cash 1.2% of total assets. 29.6% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €711,298
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.70, cash €8,803, halved
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
1 day early
2023
1 day early
2022
2 days early
2021
2 days early
2020
9 days late
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CM
Director
  • COPPENS Marleen all the sharesdeed of 07-04-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0464439265
Registered office moved to Wetteren New registered office: Wetterensteenweg 110, 9230 Wetteren · Appointment: COPPENS Marleen (director) · COPPENS Marleen holds all the shares · General meeting of 30-03-2021 · Gazette deed
Amendment of the articles “Catering; Andere drinkgelegenheden; Overige eetgelegenheden; Handelsbemiddeling in voedings- en genotmiddelen…” (deed in Dutch) · COPPENS Marleen holds all the shares · Board composition: COPPENS Marleen (sole manager (not named in the articles)) · General meeting of 08-11-2018 · Gazette deed
First establishment Wetterensteenweg 110, Wetteren
All 41 events

Comparable companies

same main activity, similar in size and age
Company
RARA AVIS Wetteren €711,298 €98,676 70.4% -
DYNAMO NEW GENERATION WORK Leuven €694,368 €118,082 68.4% -
E.J.W. CONSULTANCIES Overijse €596,224 €98,045 27.9% -
EXCELERATE Tremelo €706,795 €78,146 81.6% -
A PRIORI Antwerp €758,185 €116,588 39.6% -
SMIT ADVICE Gavere €641,929 €124,595 96.8% -
INGENIUM Laarne €627,349 €58,747 8.6% -

These companies have the same main activity as RARA AVIS: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €596,000 and €758,000, founded between 1990 and 2001.

Official details

Source: KBO
Status
Active since 26-10-1998Normal situation
Activity
Employment placement agenciesNACE 78100and 1 other
Establishment unit
2.089.105.6289230 Wetteren, since 04-11-1998
Financial year end
31 December
Peppol
Reachable since 13-02-2025
Company details

Annual accounts 2025

€711,298▼ 6.8%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on RARA AVIS

RARA AVIS files the micro format. That format states no turnover. The gross margin fell from €157,870 in 2006 to €98,676 in 2025.

The balance sheet grew most in 2015 through fixed assets, financed with long-term debt.

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 RARA AVIS

What is the company number of RARA AVIS?
The company number of RARA AVIS is 0464.439.265. The VAT number is the same number with BE in front: BE 0464.439.265.
Where is RARA AVIS based?
The registered office is at Wetterensteenweg 110, 9230 Wetteren.Company details
What does RARA AVIS do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of RARA AVIS?
RARA AVIS is a private limited company (BV).
When was RARA AVIS founded?
RARA AVIS was founded on 26-10-1998.
Is RARA AVIS still active?
Yes, RARA AVIS is an active enterprise in the KBO register.
What is the turnover of RARA AVIS?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €98,676 and 2,667 comparable companies of the same size. It probably lies between €200,000 and €510,000. It is a rough estimate.Financials
Is RARA AVIS profitable?
In financial year 2025, RARA AVIS made a profit of €3,190.
Where can I find the annual accounts of RARA AVIS?
RARA AVIS filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RARA AVIS due?
RARA AVIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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