RATO
ActiveThe file of RATO contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.3% (very low). The 2024 annual accounts show equity of €46k and a net result of €14k. Equity is growing by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 8969 sector peers (fiscal year 2024).
Checked score
Score 2024
94
/ 100
Excellent▲ +16 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency82▲+24
Growth78=
Stability85
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.72 against 1.3 in 2023), but 56.2% 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.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
43.8%
Return on assets
13.7%
Age of the figures
20 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 26-02-2026, 210 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
210 d late
2023
215 d late
2022
31 d late
2021
30 d late
2020
23 d late
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▲ 45.3%
2023 · €32k
2018: €-556
2019: €-2k
2020: €-10k
2021: €-24k
2022: €20k
2023: €32k
2018 → 2024
Total assets
€105k▲ 8.5%
2023 · €97k
2018: €300
2019: €9k
2020: €22k
2021: €21k
2022: €136k
2023: €97k
2018 → 2024
Net result
€14k▲ 26.7%
2023 · €11k
2018: €-548
2019: €-2k
2020: €-8k
2021: €-14k
2022: €45k
2023: €11k
2018 → 2024
Working capital
€42k▲ 115%
2023 · €20k
2018: €-548
2019: €-3k
2020: €-22k
2021: €-39k
2022: €8k
2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€-24k▼ 140%€20k€32k▲ 55.6%€46k▲ 45.3%
Operating result€-7k-€-14k▼ 85.7%€45k€12k▼ 73.6%€26k▲ 113%
Net result€-8k-€-14k▼ 82.8%€45k€11k▼ 74.8%€14k▲ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 113% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €105k
Fixed assets
€5k▼ 62.1%
Current assets
€100k▲ 18.6%
Equity and liabilities €105k
Equity
€46k▲ 45.3%
Debt
€59k▼ 9.4%
The debt ratio falls from 67.3% to 56.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€27k▲
2023 · €16k
Cash flow
€16k▲
2023 · €16k
Solvency
43.8%▲
2023 · 32.7%
Current ratio
1.72▲
2023 · 1.30
Quick ratio
1.72▲
2023 · 1.30
Debt / equity
1.28▼
2023 · 2.05
ROE
31.2%▼
2023 · 35.7%
ROA
13.7%▲
2023 · 11.7%
Interest coverage
35.03▼
2023 · 47.98
Debt
€59k▼
2023 · €65k
Debt ≤ 1 year
€58k▼
2023 · €65k
Income taxes
€7k▲
2023 · €337
Staff costs
€41▼
2023 · €1k
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€97k€105k▲
Fixed assets21/28€12k€5k▼
Tangible fixed assets22/27€12k€5k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€7k€2k▼
Furniture and vehicles24€3k€675▼
Current assets29/58€85k€100k▲
Amounts receivable within one year40/41€56k€97k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€51k€87k▲
Cash at bank and in hand54/58€28k€3k▼
Deferred charges and accrued income490/1€212-
Equity and liabilities
Total equity and liabilities10/49€97k€105k▲
Equity10/15€32k€46k▲
Contributions10/11€31k€31k=
Capital10€31k-
Issued capital100€31k-
Profit (loss) carried forward14€666€15k▲
Amounts payable17/49€65k€59k▼
Amounts payable within one year42/48€65k€58k▼
Financial debts43-€8
Credit institutions430/8-€8
Trade debts44€52k€23k▼
Suppliers440/4€52k€23k▼
Taxes, remuneration and social security45€13k€35k▲
Taxes450/3€13k€35k▲
Accrued charges and deferred income492/3-€646
Income statement
Code20232024
Remuneration, social security and pensions62€1k€41▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€888€3k▲
Gross operating margin9900€19k€30k▲
Operating profit (loss)9901€12k€26k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€341€7k▲
Recurring financial charges65€341€777▲
Non-recurring financial charges66B-€6k
Profit (loss) for the period before taxes9903€12k€21k▲
Income taxes67/77€337€7k▲
Profit (loss) for the period9904€11k€14k▲
Profit (loss) for the period to be appropriated9905€11k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€666€15k▲
Profit (loss) brought forward from the previous period14P€-11k€666▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
15-09
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · RATO NV MIDDELMOLENLAAN 175, 2100 DEURNE (ANTWERPEN) · event 10-09-2026
08-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · RATO NV MIDDELMOLEN- LAAN 175, 2100 DEURNE (ANTWERPEN) · event 02-07-2026
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 210 days late
2025
03-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 215 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €45k
Net result €45k after 4 loss-making years.
31-12
Financial
Liquidity times 7current ratio 1.07
Current ratio from 0.15 to 1.07.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 145 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
1 establishment unit since 1989
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.
Ground area
5,303 m²
Building footprint
3,300 m²
Volume, LiDAR
19,014 m³
Parcel 11012A0158/00C005, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RATO
since 19892.042.563.048
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0158/00C005 | Flanders | 5,303 m² | 1 · 3,300 m² | 10.4 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
02-07-2026 → present |
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Of 9,810 companies in sector 73110 we hold annual accounts for 3,724. 2,972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-02-1989
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.