RAVENDER
ActiveSummary
RAVENDER has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,309 and a net result of €39,435. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 5.36 against 5.24 in 2024; short-term debt: 13.8% and cash: 35.9% of total assets), and 13.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.2%
Return on assets
8.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
42 d early
2023
54 d early
2022
4 d early
2021
39 d early
2020
35 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€380,309▲ 11.6%
2024 · €340,874
Total assets
€441,044▲ 11.4%
2024 · €395,736
Net result
€39,435▲ 82.7%
2024 · €21,589
Working capital
€264,588▲ 13.6%
2024 · €232,873
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20212022202320242025
Operating result-€20,781€27,584€21,744▼ 21.2%€32,584▲ 49.9%€29,673▼ 8.9%
Net result-€21,991below the sector's middle half€22,869within the sector's middle half€14,461within the sector's middle half▼ 36.8%€21,589within the sector's middle half▲ 49.3%€39,435above the sector's middle half▲ 82.7%
Equity€296,242above the sector's middle half▼ 6.9%€319,111above the sector's middle half▲ 7.7%€333,571above the sector's middle half▲ 4.5%€340,874above the sector's middle half▲ 2.2%€380,309above the sector's middle half▲ 11.6%
Total assets€390,487above the sector's middle half▼ 21.4%€410,414above the sector's middle half▲ 5.1%€399,393above the sector's middle half▼ 2.7%€395,736above the sector's middle half▼ 0.9%€441,044above the sector's middle half▲ 11.4%
Debt€94,245▼ 47.2%€91,304▼ 3.1%€65,822▼ 27.9%€54,862▼ 16.7%€60,734▲ 10.7%
Working capital€106,025▼ 54.0%€119,911▲ 13.1%€133,274▲ 11.1%€232,873▲ 74.7%€264,588▲ 13.6%
Solvency75.9%above the sector's middle half▲ 11.8pp77.8%above the sector's middle half▲ 1.9pp83.5%above the sector's middle half▲ 5.8pp86.1%above the sector's middle half▲ 2.6pp86.2%above the sector's middle half▲ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €441,044
Fixed assets
€115,721 ▲ 7.1%
Current assets
€325,323 ▲ 13.1%
Equity and liabilities €441,044
Equity
€380,309 ▲ 11.6%
Debt
€60,734 ▲ 10.7%
Debt's share of the balance-sheet total falls from 13.9% to 13.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37,429▼
2024 · €40,706
Cash flow
€47,191▲
2024 · €29,710
Current ratio
5.36▲
2024 · 5.24
Debt to equity
0.16▼
2024 · 0.16
ROE
10.4%▲
2024 · 6.3%
ROA
8.9%▲
2024 · 5.5%
Interest coverage
8.02▼
2024 · 145.81
Debt ≤ 1 year
€60,734▲
2024 · €54,862
Income taxes
€24,175▲
2024 · €11,141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
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 0.6% 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 497,058 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% | 1.6% |
| 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 74% 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 31,324 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,328 | - | €5,294 | - | - |
| Remuneration, social security and pensions62 | - | €968 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,964 | €10,609 | €10,704 | €8,122 | €7,756 | ▼ 4.5% |
| Other operating charges640/8 | - | €1,606 | €2,789 | €2,660 | €1,165 | ▼ 56.2% |
| Gross operating margin9900 | -€5,494 | €40,768 | €35,236 | €43,366 | €38,593 | ▼ 11.0% |
| Operating profit (loss)9901 | -€20,781 | €27,584 | €21,744 | €32,584 | €29,673 | ▼ 8.9% |
| Financial income75/76B | - | €233 | €1 | €425 | €38,605 | ▲ 8,992% |
| Recurring financial income75 | €1 | €233 | €1 | €425 | €38,605 | ▲ 8,992% |
| Financial charges65/66B | - | €83 | €456 | €279 | €4,668 | ▲ 1,572% |
| Recurring financial charges65 | €477 | €83 | €456 | €279 | €4,668 | ▲ 1,572% |
| Profit (loss) for the period before taxes9903 | -€21,257 | €27,735 | €21,288 | €32,730 | €63,609 | ▲ 94.3% |
| Income taxes67/77 | €733 | €4,866 | €6,828 | €11,141 | €24,175 | ▲ 117% |
| Profit (loss) for the period9904 | -€21,991 | €22,869 | €14,461 | €21,589 | €39,435 | ▲ 82.7% |
| Profit (loss) for the period to be appropriated9905 | -€21,991 | €22,869 | €14,461 | €21,589 | €39,435 | ▲ 82.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €390,487 | €410,414 | €399,393 | €395,736 | €441,044 | ▲ 11.4% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €208,246 | €208,245 | €200,298 | €108,001 | €115,721 | ▲ 7.1% |
| Tangible fixed assets22/27 | €108,246 | €108,245 | €100,298 | €8,001 | €15,721 | ▲ 96.5% |
| Land and buildings22 | - | €86,108 | €85,859 | - | - | - |
| Furniture and vehicles24 | - | €1,112 | €834 | €1,817 | €2,236 | ▲ 23.0% |
| Leasing and similar rights25 | - | €21,025 | €13,605 | €6,184 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | - | €13,485 | - |
| Financial fixed assets28 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Current assets29/58 | €182,240 | €202,169 | €199,095 | €287,735 | €325,323 | ▲ 13.1% |
| Amounts receivable after more than one year29 | - | €43,640 | €62,140 | - | - | - |
| Trade receivables290 | - | €43,640 | €62,140 | - | - | - |
| Amounts receivable within one year40/41 | €10,357 | €8,501 | €17,216 | €20,617 | €21,330 | ▲ 3.5% |
| Trade receivables40 | - | €8,273 | €16,050 | €18,425 | €19,321 | ▲ 4.9% |
| Other amounts receivable41 | - | €227 | €1,166 | €2,192 | €2,009 | ▼ 8.3% |
| Current investments50/53 | - | - | - | €40,000 | €144,764 | ▲ 262% |
| Cash at bank and in hand54/58 | €152,818 | €148,041 | €117,702 | €225,425 | €158,531 | ▼ 29.7% |
| Deferred charges and accrued income490/1 | - | €1,988 | €2,037 | €1,693 | €698 | ▼ 58.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €390,487 | €410,414 | €399,393 | €395,736 | €441,044 | ▲ 11.4% |
| Equity10/15 | €296,242 | €319,111 | €333,571 | €340,874 | €380,309 | ▲ 11.6% |
| Contributions10/11 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Reserves13 | €7,443 | €7,443 | €7,443 | €7,443 | €46,878 | ▲ 530% |
| Non-distributable reserves130/1 | - | €3,500 | €3,500 | - | - | - |
| Reserves not available under the articles1311 | - | €3,500 | €3,500 | - | - | - |
| Tax-exempt reserves132 | - | €3,943 | €3,943 | €3,943 | €3,943 | = |
| Distributable reserves133 | - | - | - | €3,500 | €42,935 | ▲ 1,127% |
| Profit (loss) carried forward14 | €253,799 | €276,667 | €291,128 | €298,431 | €298,431 | = |
| Amounts payable17/49 | €94,245 | €91,304 | €65,822 | €54,862 | €60,734 | ▲ 10.7% |
| Amounts payable after more than one year17 | €18,030 | €9,046 | - | - | - | - |
| Financial debts170/4 | - | €9,046 | - | - | - | - |
| Amounts payable within one year42/48 | €76,216 | €82,258 | €65,822 | €54,862 | €60,734 | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | - | €8,981 | €9,046 | - | - | - |
| Trade debts44 | €18,385 | €12,782 | €1,251 | €5,319 | €6,786 | ▲ 27.6% |
| Suppliers440/4 | - | €12,782 | €1,251 | €5,319 | €6,786 | ▲ 27.6% |
| Advances received on contracts in progress46 | - | €24,769 | €24,769 | - | - | - |
| Taxes, remuneration and social security45 | - | €11,088 | €4,841 | €18,845 | €32,390 | ▲ 71.9% |
| Taxes450/3 | - | €11,004 | €4,841 | €18,845 | €32,390 | ▲ 71.9% |
| Remuneration and social security454/9 | - | €85 | - | - | - | - |
| Other amounts payable47/48 | - | €24,637 | €25,915 | €30,697 | €21,558 | ▼ 29.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,991 | €22,869 | €14,461 | €21,589 | €39,435 | ▲ 82.7% |
| + Depreciation and write-downs630 | €9,964 | €10,609 | €10,704 | €8,122 | €7,756 | ▼ 4.5% |
| Operating cash flow (approximation) | -€12,027 | €33,478 | €25,165 | €29,710 | €47,191 | ▲ 58.8% |
| Investment in fixed assets (approximation) | - | -€10,608 | -€2,756 | €84,175 | -€15,476 | ▼ 118% |
| Change in cash | - | -€4,778 | -€30,339 | €107,722 | -€66,894 | ▼ 162% |
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
Next filing, fiscal year 2026, expected by
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €39,435 ▲82.7%
Net result €39,435, the highest in the series.
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €22,869
Net result €22,869 after one loss-making year.
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€21,991
Net result drops to -€21,991, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €9,422
Net result €9,422 after one loss-making year.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2005
Ground area
684 m²
Building footprint
104 m²
Volume, LiDAR
638 m³
Parcel 44062B0378/00X000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RAVENDER
since 20052.146.285.445
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0378/00X000 | Flanders | 684 m² | 1 · 104 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900BB12B5CTQUA022
Similar companies · same sector, comparable size
François MULLER
BE 0847.157.715
Waimes · Eq €380,138
S.R.L. NUTAL & FILS
BE 0429.943.194
Durbuy · Eq €380,837
MY-PEN
BE 0882.311.010
Lokeren · Eq €380,899
Entreprises Marcel Collignon et Fils
BE 0404.403.886
Ans · Eq €379,687
OUTSIDE PROJECTS
BE 0681.440.143
Peer · Eq €381,012
Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,483 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
Founded24-02-2005
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0872361283
Also
9925:BE0872361283
Registered
14-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.