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RASIKK

Active
Public limited companyfounded 1990active for 36 yearsIzegemsestraat 113, 8800 Roeselare, BelgiumKBO/BCE: BE 0442.120.060
Summary

RASIKK has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265,502 and a net result of €8,841. Equity remains stable across the filed financial years (±1.3% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,841▲ 486%
2024 · €1,509
Working capital
€189,539▲ 8.4%
2024 · €174,829
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €2,586 after a loss of €4,899 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,586 2025 Net result€8,841 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€598-€376▼ 37.1%€2,502▲ 565%-€2,233-€3,821▼ 71.1%-€5,007▼ 31.1%-€4,899▲ 2.2%€2,586
Net result€7,887-€5,509▼ 30.1%€7,277▲ 32.1%€2,836▼ 61.0%€1,545▼ 45.5%€539▼ 65.1%€1,509▲ 180%€8,841▲ 486%
Equity€237,446-€242,955▲ 2.3%€250,232▲ 3.0%€253,068▲ 1.1%€254,613▲ 0.6%€255,152▲ 0.2%€256,661▲ 0.6%€265,502▲ 3.4%
Total assets€237,793-€243,729▲ 2.5%€255,809▲ 5.0%€259,117▲ 1.3%€260,732▲ 0.6%€261,299▲ 0.2%€262,455▲ 0.4%€272,314▲ 3.8%
Debt€348-€774▲ 123%€5,577▲ 620%€6,049▲ 8.5%€6,119▲ 1.1%€6,147▲ 0.5%€5,794▼ 5.7%€6,812▲ 17.6%
Working capital€100,941-€116,816▲ 15.7%€129,713▲ 11.0%€129,775=€145,140▲ 11.8%€159,499▲ 9.9%€174,829▲ 9.6%€189,539▲ 8.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272,314
Fixed assets €75,963 ▼ 7.2%
Current assets €196,351 ▲ 8.7%
Equity and liabilities €272,314
Equity €265,502 ▲ 3.4%
Debt €6,812 ▲ 17.6%
Debt's share of the balance-sheet total rises from 2.2% to 2.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,456▼
2024 · €8,921
Cash flow
€14,711▼
2024 · €15,330
Current ratio
28.83▼
2024 · 31.17
Debt to equity
0.03▲
2024 · 0.02
ROE
3.3%▲
2024 · 0.6%
ROA
3.2%▲
2024 · 0.6%
Interest coverage
51.83▼
2024 · 65.79
Debt ≤ 1 year
€6,812▲
2024 · €5,794
Income taxes
€884▲
2024 · €151
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,041 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€262,455€272,314▲
Fixed assets21/28€81,832€75,963▼
Tangible fixed assets22/27€81,832€75,963▼
Plant, machinery and equipment23€5,120€1,595▼
Other tangible fixed assets26€76,712€74,368▼
Current assets29/58€180,623€196,351▲
Amounts receivable within one year40/41€178,308€194,111▲
Other amounts receivable41€178,308€194,111▲
Cash at bank and in hand54/58€364€234▼
Deferred charges and accrued income490/1€1,951€2,007▲
Equity and liabilities
Total equity and liabilities10/49€262,455€272,314▲
Equity10/15€256,661€265,502▲
Contributions10/11€247,894€247,894=
Capital10€247,894€247,894=
Issued capital100€247,894€247,894=
Reserves13€1,939€10,780▲
Non-distributable reserves130/1€510€955▲
Legal reserve130€510€955▲
Distributable reserves133€1,429€9,825▲
Profit (loss) carried forward14€6,828€6,828=
Amounts payable17/49€5,794€6,812▲
Amounts payable within one year42/48€5,794€6,812▲
Trade debts44€370€654▲
Suppliers440/4€370€654▲
Taxes, remuneration and social security45€151€884▲
Taxes450/3€151€884▲
Other amounts payable47/48€5,274€5,274=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,820€5,870▼
Other operating charges640/8€4,502€4,678▲
Gross operating margin9900€13,423€13,134▼
Operating profit (loss)9901-€4,899€2,586▲
Financial income75/76B€6,695€7,302▲
Recurring financial income75€6,695€7,302▲
Financial charges65/66B€136€163▲
Recurring financial charges65€136€163▲
Profit (loss) for the period before taxes9903€1,660€9,725▲
Income taxes67/77€151€884▲
Profit (loss) for the period9904€1,509€8,841▲
Profit (loss) for the period to be appropriated9905€1,509€8,841▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,337€15,669▲
Profit (loss) brought forward from the previous period14P€6,828€6,828=
Transfer to equity691/2€1,509€8,841▲
To the legal reserve6920€80€445▲
To other reserves6921€1,429€8,396▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,366€10,366€10,894€12,226€13,820€13,820€13,820€5,870▼ 57.5%
Other operating charges640/8---€3,911€3,978€4,358€4,502€4,678▲ 3.9%
Gross operating margin9900€14,568€14,422€17,234€13,904€13,977€13,171€13,423€13,134▼ 2.2%
Operating profit (loss)9901€598€376€2,502-€2,233-€3,821-€5,007-€4,899€2,586-
Financial income75/76B---€5,192€5,498€5,668€6,695€7,302▲ 9.1%
Recurring financial income75€7,387€5,232€4,885€5,192€5,498€5,668€6,695€7,302▲ 9.1%
Financial charges65/66B---€122€132€122€136€163▲ 20.3%
Recurring financial charges65€99€99€110€122€132€122€136€163▲ 20.3%
Profit (loss) for the period before taxes9903€7,887€5,509€7,277€2,836€1,545€539€1,660€9,725▲ 486%
Income taxes67/77------€151€884▲ 486%
Profit (loss) for the period9904€7,887€5,509€7,277€2,836€1,545€539€1,509€8,841▲ 486%
Profit (loss) for the period to be appropriated9905€7,887€5,509€7,277€2,836€1,545€539€1,509€8,841▲ 486%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€237,793€243,729€255,809€259,117€260,732€261,299€262,455€272,314▲ 3.8%
Fixed assets21/28€136,505€126,139€120,519€123,293€109,473€95,652€81,832€75,963▼ 7.2%
Tangible fixed assets22/27€136,505€126,139€120,519€123,293€109,473€95,652€81,832€75,963▼ 7.2%
Plant, machinery and equipment23---€17,285€13,230€9,175€5,120€1,595▼ 68.9%
Other tangible fixed assets26---€106,008€96,243€86,477€76,712€74,368▼ 3.1%
Current assets29/58€101,289€117,590€135,291€135,824€151,259€165,646€180,623€196,351▲ 8.7%
Amounts receivable within one year40/41€98,640€115,872€133,257€131,448€148,946€163,114€178,308€194,111▲ 8.9%
Other amounts receivable41---€131,448€148,946€163,114€178,308€194,111▲ 8.9%
Cash at bank and in hand54/58€1,295€304€526€2,814€581€633€364€234▼ 35.8%
Deferred charges and accrued income490/1---€1,562€1,732€1,899€1,951€2,007▲ 2.9%
Equity and liabilities
Total equity and liabilities10/49€237,793€243,729€255,809€259,117€260,732€261,299€262,455€272,314▲ 3.8%
Equity10/15€237,446€242,955€250,232€253,068€254,613€255,152€256,661€265,502▲ 3.4%
Contributions10/11€247,894€247,894€247,894€247,894€247,894€247,894€247,894€247,894=
Capital10---€247,894€247,894€247,894€247,894€247,894=
Issued capital100---€247,894€247,894€247,894€247,894€247,894=
Reserves13€1,948-€117€259€400€430€1,939€10,780▲ 456%
Non-distributable reserves130/1---€259€400€430€510€955▲ 87.3%
Legal reserve130---€259€400€430€510€955▲ 87.3%
Distributable reserves133------€1,429€9,825▲ 588%
Profit (loss) carried forward14-€12,395-€4,939€2,221€4,916€6,319€6,828€6,828€6,828=
Amounts payable17/49€348€774€5,577€6,049€6,119€6,147€5,794€6,812▲ 17.6%
Amounts payable within one year42/48€348€774€5,577€6,049€6,119€6,147€5,794€6,812▲ 17.6%
Trade debts44-€427€304€776€845€873€370€654▲ 76.8%
Suppliers440/4---€776€845€873€370€654▲ 76.8%
Taxes, remuneration and social security45------€151€884▲ 486%
Taxes450/3------€151€884▲ 486%
Other amounts payable47/48---€5,274€5,274€5,274€5,274€5,274=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,887€5,509€7,277€2,836€1,545€539€1,509€8,841▲ 486%
+ Depreciation and write-downs630€10,366€10,366€10,894€12,226€13,820€13,820€13,820€5,870▼ 57.5%
Operating cash flow (approximation)€18,252€15,874€18,171€15,062€15,365€14,359€15,330€14,711▼ 4.0%
Investment in fixed assets (approximation)-€0-€5,274-€15,000€0€0€0€0-
Change in cash--€991€222€2,288-€2,233€52-€269-€130▲ 51.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 24-07-2026 2026-00327181
31-12-2024 micro format 20-08-2025 2025-00385073
31-12-2023 abbreviated format 11-07-2024 2024-00234820
31-12-2022 abbreviated format 19-07-2023 2023-00250228
31-12-2021 abbreviated format 18-07-2022 2022-20195743
31-12-2020 abbreviated format 22-07-2021 2021-38300527
31-12-2019 abbreviated format 06-07-2020 2020-26500102
31-12-2018 abbreviated format 04-07-2019 2019-28500548
31-12-2017 abbreviated format 12-07-2018 2018-33000300
31-12-2016 abbreviated format 08-07-2017 2017-29400579

Show all 35 filings

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