Equity
€131,543 ▲ 69.0%
Equity rose in 2025 from €77,832 to €131,543.
RASCAL
Overview
Lifetime
3 annual accounts with figures on one time axispeak €73,896 (2024)
€71,680▼ 3.0%
peak €53,914 (2024)
€53,711▼ 0.4%
peak €131,543 (2025)
€131,543▲ 69.0%
€32,465▼ 24.3%
Board1 name since 2023
1 directorBOSMANS Ivar
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Equity from €77,832 to €131,543Debts from €42,877 to €32,465Investments €4,395Cash from €100,303 to €138,603
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Investments
€4,395 2.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 170.8% higher than in 2024.
Liquidity
4.97 was 2.74 in 2024
Short-term debts fell from €41,512 to €31,100.
Filings
3 annual accounts 1 late
The 2023 accounts came 28 days late. The other two were filed on time.
Starting capital
€3,500 1,000 shares
Checked score
98
Excellent
Financially stronger than 84% of micro companies in computer programming and consultancy (NACE 62)
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 25,933 companies (NACE 62, 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%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
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 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
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 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.97, cash €138,603
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €131,543 (80.2% of total assets)
Size: total assets €164,008
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 62, micro). It does better than 85% of them on solvency, 84% on liquidity, 82% on profitability and 84% on growth.
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, 39,278 companies had the same profile as RASCAL has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RASCAL itself is lower: < 0.1% within 12 months. It rests on far more data about RASCAL than the profile alone.
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 39,278 companies, not a prediction for RASCAL. 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 €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.97 (2.74 in 2024), above the usual 1.5. Short-term debt is 19% and cash 84.5% of total assets. 19.8% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
15 days early
2024
9 days early
2023
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 22 July (3 of the last 3 accounts filed within 38 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801976105
Incorporation
Founding capital of €3,500, 1,000 shares · Founder: BOSMANS Ivar · Appointment: BOSMANS Ivar (director) · published on 25-05-2023 · Gazette deed
First establishment
Zwanenhoekstraat 36, Sint-Gillis-Waas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RASCAL Sint-Gillis-Waas | €164,008 | €71,680 | 80.2% | - |
| MB24 Consult Deinze | €153,069 | €68,970 | 76.2% | - |
| Priojects Zottegem | €153,448 | €67,750 | 84.2% | - |
| VO-TECH Consulting Ninove | €157,247 | €70,181 | 91.4% | - |
| Eleius Lede | €170,460 | €65,091 | 77.4% | - |
| Connectwork Waasmunster | €158,493 | €68,351 | 79.7% | - |
| Consule Berlare | €176,526 | €74,747 | 2.8% | - |
These companies have the same main activity as RASCAL: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €153,000 and €177,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 23-05-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.346.119.2049170 Sint-Gillis-Waas, since 23-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €71,680▼ 3.0%
- €53,711▼ 0.4%
- €131,543▲ 69.0%
- €164,008▲ 35.9%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on RASCAL
RASCAL files the micro format. That format states no turnover. The gross margin rose from €30,759 in 2023 to €71,680 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 16-07-2026, 15 days before the deadline€71,680
▼ 3.0%
€69,425
▼ 2.5%
€53,711
▼ 0.4%
€123,470
▲ 71.2%
80.2%
▲ 15.7 percentage points
4.97
▲ 2.23
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €120,000 and €180,000.
Balance sheet
balance sheet total €164,008 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
80.2%
Higher than 75% of 21,217 companies in 2025.
4.97
Higher than 75% of 20,581 companies in 2025.
32.7%
Higher than 70% of 20,756 companies in 2025.
RASCAL
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
164,008 | 120,710 | 59,906 | |
20 |
- | 0 | 663 | |
21/28 |
9,438 | 7,081 | 8,924 | |
22/27 |
9,438 | 7,081 | 8,924 | |
23 |
3,118 | 1,151 | 1,441 | |
24 |
6,320 | 5,930 | 7,483 | |
29/58 |
154,570 | 113,629 | 50,319 | |
40/41 |
14,593 | 11,821 | 13,901 | |
40 |
14,593 | 11,755 | 12,584 | |
41 |
0 | 65 | 1,317 | |
54/58 |
138,603 | 100,303 | 35,189 | |
490/1 |
1,374 | 1,505 | 1,229 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
164,008 | 120,710 | 59,906 | |
10/15 |
131,543 | 77,832 | 23,918 | |
10/11 |
3,500 | 3,500 | 3,500 | |
13 |
128,043 | 74,332 | 20,418 | |
133 |
128,043 | 74,332 | 20,418 | |
17/49 |
32,465 | 42,877 | 35,988 | |
42/48 |
31,100 | 41,512 | 35,738 | |
44 |
2,984 | 2,007 | 3,399 | |
440/4 |
2,984 | 2,007 | 3,399 | |
45 |
20,301 | 20,148 | 15,413 | |
450/3 |
20,301 | 20,148 | 13,223 | |
454/9 |
- | 0 | 2,190 | |
47/48 |
7,815 | 19,357 | 16,925 | |
492/3 |
1,366 | 1,366 | 250 | |
| Income statement | ||||
9900 |
71,680 | 73,896 | 30,759 | |
630 |
2,038 | 2,506 | 1,221 | |
640/8 |
217 | 202 | 58 | |
9901 |
69,425 | 71,187 | 29,479 | |
65/66B |
1,689 | 3,220 | 1,169 | |
65 |
1,689 | 3,220 | 1,169 | |
9903 |
67,736 | 67,968 | 28,310 | |
67/77 |
14,026 | 14,053 | 7,892 | |
9904 |
53,711 | 53,914 | 20,418 | |
9905 |
53,711 | 53,914 | 20,418 | |
| Appropriation of the result | ||||
9906 |
53,711 | 53,914 | 20,418 | |
691/2 |
53,711 | 53,914 | 20,418 | |
6921 |
53,711 | 53,914 | 20,418 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 71,463 | 73,693 | 30,701 | ||
| 55,749 | 56,420 | 21,640 | ||
| 4,395 | 663 | 9,217 | ||
| 38,300 | 65,114 | - | ||
| 123,470 | 72,117 | 14,581 | ||
| 80.2% | 64.5% | 39.9% | ||
| 4.97 | 2.74 | 1.41 | ||
| 0.25 | 0.55 | 1.50 | ||
| 40.8% | 69.3% | 85.4% | ||
| 32.7% | 44.7% | 34.1% | ||
| 42.32 | 22.89 | 26.26 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €4,395 | - | €9,217 |
| €2,038 | €2,506 | €1,221 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on RASCAL
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 35.5% to 19.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 22-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 16-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”deed of 25-05-2023
Mandates through the years
1 name, the dashed line is todayBOSMANS Ivar
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BOSMANS Ivar
- Director (not named in the articles), from 22-05-2023 to date
Control
Capital
- Contribution
- €3,500
- Shares
- 1,000
- Contribution per share
- €3.50
- Equity per share
- €132 in 2025
- Source
- deed of 25-05-2023
Articles of association
deed of 25-05-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00
Founder
At incorporation
deed of 25-05-2023 ↗
- BOSMANS Ivar sole founder · 100% at incorporation
Network & group
No group
RASCAL has no parent and no holdings in its annual accounts. BOSMANS Ivar is the only director. RASCAL shares no director with another company.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 15 days before the deadline
2025
Equity above €100,000 equity €131,543 ▲69% With a profit in every financial year since 2023, equity grows to €131,543.
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
2024
Highest result from 2023 to 2025 net €53,914 ▲164% The operating result of €71,187 and the net result of €53,914 are both a record.
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801976105
IncorporationFounding capital of €3,500, 1,000 shares · Founder: BOSMANS Ivar · Appointment: BOSMANS Ivar (director) · published on 25-05-20233 points ▸
- Founder, BOSMANS Ivar
- Founding capital, €3,500, 1,000 shares
- Director appointment, BOSMANS Ivar (director (not named in the articles))
- The deed holds 2 more points.
First establishment Zwanenhoekstraat 36, Sint-Gillis-Waas
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
RASCAL was incorporated on 23 May 2023 as a private limited company by one natural person, with a starting capital of €3,500.12 Since 2023, BOSMANS Ivar has served as director.3 Total assets rose from €59,906 in 2023 to €164,008 in 2025.4
Company details
Identity
- Enterprise number
- 0801.976.105
- VAT number
- BE 0801.976.105
- Peppol ID
- 0208:0801976105
- Other Peppol ID
- 9925:BE0801976105
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00deed of 25-05-2023 (in Dutch)
- Peppol
- Reachable since 24-11-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- RASCAL in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Zwanenhoekstraat 36, 9170 Sint-Gillis-Waas”deed of 25-05-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwikkeling, exploitatie, beschikbaar stellen van e-learningplatforms; Subscriptions, microtransactions; Merchandising; Ontwikkelen van…”deed of 25-05-2023 (in Dutch)
39 activities
- Ontwikkeling, exploitatie, beschikbaar stellen van e-learningplatforms
- Subscriptions, microtransactions
- Merchandising
- Ontwikkelen van games, coaching rond games
- Opleidingen rond coaching, gamification, e-learning
- Klein- en groothandel van producten die met zijn IT-activiteiten te maken heeft
- Het verlenen van advies over alle soorten computers (hardware), hun configuratie en toepassing van bijbehorende programmatuur (software), analyseren van behoeften en problemen van gebruikers en het aanbieden van de beste oplossing
- Het ontwerpen, verkopen en programmeren van computerprogramma’s
- Het verlenen van adviezen met betrekking tot informaticaprogramma's
- Het verlenen van bijstand bij de toepassing van programma’s
- Het onderhoud en reparatie van computers en randapparatuur
- De overige activiteiten in verband met computers
- Het organiseren en inrichten van seminaries, studiedagen en congressen en het geven van opleidingen omtrent hard- en software, netwerksystemen en internet
- Alle internetgerelateerde prestaties zoals aanmaak, aanpassing, updating, onderhoud, registratie, hosting, beveiliging, aanmelding, verhuur, huur en verkoop van websites
- De handel in grondstoffen, halfafgewerkte en afgewerkte producten voor automatisering, handel in beveiligings-systemen en toestellen voor weergave van beeld en geluid. Dit zowel voor private als industriële doeleinden. De ontwikkeling, fabricage en commercialisatie van automatiseringssystemen en de nodige hardware en software
- Het installeren, opstarten en onderhouden van de hoger vermelde installaties en toestellen
- Ontwerpen van publicitaire films & artikelen & teksten en slogans (copywriters)
- Ontwerpen van reclame- en promotiecampagnes voor derden via verschillende media
- Mediarepresentatie
- Markt- en opinieonderzoekbureaus
- Webportalen
- Coaching
- Consultancy diverse vakgebieden
- Investeren in diverse vennootschappen
- Holding
- Business Consultancy
- Projectmanagement
- Peoplemanagement
- Ontwikkelen van webportalen & apps & software & aan-verwante diensten & webshop (e-commerce)
- Coaching - Onderwijs – Organisatie van events & seminaries
- Productontwikkeling
- Groot- en kleinhandel van diverse producten
- Verhuur van diverse roerende goederen
- Managementactiviteiten - Administratieve ondersteuning & Adviesverlening aan diverse bedrijven
- Handelsbemiddeling in de meest ruime zin van het woord
- Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz
- Verlenen van ondersteunende diensten en adviezen aan het bedrijfsleven op gebied van projectmanagement, organisatie management, interim management, verandermanagement,…
- Verlenen van uiteenlopende diensten en het geven van advies, informatie, bijstand en ondersteuning voor zelfstandigen, vennootschappen, bestuurders, verenigingen, openbare bestuursorganen en dergelijke meer en dit onder meer op vlak van informatie, publiciteit, marketing, administratie, organisatie, verkoop, financiering, strategie, personeel,…
- Overige zakelijke dienstverlening
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zwanenhoekstraat 36 registered office 9170 Sint-Gillis-Waas | 23-05-2023 | 2.346.119.204 |
Buildings and parcels at the address
- Ground area
- 282 m²
- Buildings
- 86 m²
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46020E0791/00B000 | 282 m² | 1 · 86 m² | - |