RASIKH
ActiveSummary
The computed 12-month bankruptcy probability of RASIKH is 2.0% (moderate). The 2024 annual accounts show negative equity (-€12,867) and a net result of -€25,053. Equity is shrinking by ~75.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 4343 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-73
Solvency0▼-47
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 1.59 in 2023; short-term debt: 128.8% and cash: 0% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
-150.4%
Return on assets
-292.8%
Age of the figures
21 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year -€12,867
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 06-08-2026, 371 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
371 d late
2023
69 d early
2022
261 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 188 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€45,274
EBIT margin
-52.9%
Net result
-€25,053
2023 · €8,340
Working capital
-€10,681
2023 · €9,082
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Turnover€45,274
Operating result€275-€11,982▲ 4,253%-€23,961
Net result-€1,390below the sector's middle half-€8,340within the sector's middle half-€25,053below the sector's middle half
EBIT margin-52.9%
Equity€610below the sector's middle half-€8,950below the sector's middle half▲ 1,368%-€12,867below the sector's middle half
Total assets€31,615below the sector's middle half-€41,249below the sector's middle half▲ 30.5%€8,558below the sector's middle half▼ 79.3%
Debt€31,006-€32,299▲ 4.2%€21,425▼ 33.7%
Working capital€18,698-€9,082▼ 51.4%-€10,681
Solvency1.9%below the sector's middle half-21.7%within the sector's middle half▲ 19.8pp-150.4%below the sector's middle half▼ 172.1pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €23,961 after €11,982 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8,558
Fixed assets
€8,216 ▼ 47.9%
Current assets
€341 ▼ 98.6%
Key figures and ratios
EBITDA
-€14,410▼
2023 · €12,579
Cash flow
-€15,502▼
2023 · €8,937
Current ratio
0.03▼
2023 · 1.59
Debt to equity
-1.67▼
2023 · 3.61
ROA
-292.8%▼
2023 · 20.2%
Interest coverage
-13.20▼
2023 · 3.51
Debt ≤ 1 year
€11,022▼
2023 · €15,433
Debt > 1 year
€10,403▼
2023 · €14,466
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €45,274 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €67,538 | - |
| Remuneration, social security and pensions62 | €11,644 | €15,524 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €438 | €597 | €9,551 | ▲ 1,500% |
| Other operating charges640/8 | €3,513 | €574 | - | - |
| Gross operating margin9900 | €15,870 | €28,677 | -€14,410 | ▼ 150% |
| Operating profit (loss)9901 | €275 | €11,982 | -€23,961 | ▼ 300% |
| Financial income75/76B | €93 | €1 | - | - |
| Recurring financial income75 | €93 | €1 | - | - |
| Financial charges65/66B | €615 | €3,643 | €1,092 | ▼ 70.0% |
| Recurring financial charges65 | €615 | €3,585 | €1,092 | ▼ 69.5% |
| Non-recurring financial charges66B | - | €58 | - | - |
| Profit (loss) for the period before taxes9903 | -€247 | €8,340 | -€25,053 | ▼ 400% |
| Income taxes67/77 | €1,143 | - | - | - |
| Profit (loss) for the period9904 | -€1,390 | €8,340 | -€25,053 | ▼ 400% |
| Profit (loss) for the period to be appropriated9905 | -€1,390 | €8,340 | -€25,053 | ▼ 400% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €31,615 | €41,249 | €8,558 | ▼ 79.3% |
| Formation expenses20 | €1,313 | €963 | - | - |
| Fixed assets21/28 | €2,200 | €15,771 | €8,216 | ▼ 47.9% |
| Intangible fixed assets21 | - | - | €613 | - |
| Tangible fixed assets22/27 | - | €13,571 | €5,404 | ▼ 60.2% |
| Furniture and vehicles24 | - | €13,571 | €5,404 | ▼ 60.2% |
| Financial fixed assets28 | €2,200 | €2,200 | €2,200 | = |
| Current assets29/58 | €28,103 | €24,515 | €341 | ▼ 98.6% |
| Amounts receivable within one year40/41 | €26,614 | €24,022 | - | - |
| Trade receivables40 | €9,604 | €24,020 | - | - |
| Other amounts receivable41 | €17,010 | €2 | - | - |
| Current investments50/53 | €1,489 | €152 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | - | - | €0 | - |
| Deferred charges and accrued income490/1 | - | €341 | €341 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €31,615 | €41,249 | €8,558 | ▼ 79.3% |
| Equity10/15 | €610 | €8,950 | -€12,867 | ▼ 244% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | - | €10,186 | - |
| Distributable reserves133 | - | - | €10,186 | - |
| Profit (loss) carried forward14 | -€1,390 | €6,950 | -€25,053 | ▼ 460% |
| Amounts payable17/49 | €31,006 | €32,299 | €21,425 | ▼ 33.7% |
| Amounts payable after more than one year17 | €19,201 | €14,466 | €10,403 | ▼ 28.1% |
| Financial debts170/4 | €19,201 | €14,466 | €10,403 | ▼ 28.1% |
| Amounts payable within one year42/48 | €9,404 | €15,433 | €11,022 | ▼ 28.6% |
| Current portion of amounts payable after more than one year42 | €2,405 | €4,480 | €1,545 | ▼ 65.5% |
| Financial debts43 | - | €4 | - | - |
| Credit institutions430/8 | - | €4 | - | - |
| Trade debts44 | €2,194 | €3,472 | - | - |
| Suppliers440/4 | €2,194 | €3,472 | - | - |
| Taxes, remuneration and social security45 | €4,806 | €6,364 | €8,364 | ▲ 31.4% |
| Taxes450/3 | €3,172 | €4,754 | €6,757 | ▲ 42.1% |
| Remuneration and social security454/9 | €1,634 | €1,610 | €1,607 | ▼ 0.2% |
| Other amounts payable47/48 | - | €1,113 | €1,113 | = |
| Accrued charges and deferred income492/3 | €2,400 | €2,400 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,390 | €8,340 | -€25,053 | ▼ 400% |
| + Depreciation and write-downs630 | €438 | €597 | €9,551 | ▲ 1,500% |
| Operating cash flow (approximation) | -€953 | €8,937 | -€15,502 | ▼ 273% |
| Investment in fixed assets (approximation) | - | -€14,168 | -€1,996 | ▲ 85.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 371 days late
2024
31-12
Financial
Weakest financial yearnet -€25,053
Net result drops to -€25,053, the lowest in the series.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 261 days late
2023
31-12
Financial
Back to profitnet €8,340
Net result €8,340 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Saint-Ghislain · 1 establishment unit since 2021
Ground area
1,022 m²
Building footprint
278 m²
Volume, LiDAR
1,029 m³
2 parcels, Wallonia · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RASIKH
since 20212.321.741.916
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53070B0490/00R000 | Wallonia | 640 m² | 1 · 221 m² | 5.4 m · 1 fl. |
| 53071B0353/00M000 | Wallonia | 382 m² | 1 · 57 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,526 companies in sector 74301 we hold annual accounts for 720. 420 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0773442465
Also
9925:BE0773442465
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.