RaviFlex
ActiveThe computed 12-month bankruptcy probability of RaviFlex is 2.7% (moderate). The 2025 annual accounts show negative equity (€-1.04M) and a net result of €-912k. Equity is shrinking by ~41.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 637 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.16 in 2024; short-term debt: 45.4% and cash: 0.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-44%
Return on assets
-38.7%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-1.04M
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 27-04-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
16 d early
2023
12 d early
2022
37 d early
2021
40 d early
2020
3 d early
← before the deadline
after the deadline →
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
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-912k▼ 5.8%
2024 · €-862k
2020: €-500k
2021: €-634k
2022: €-769k
2023: €-832k
2024: €-862k
2020 → 2025
Working capital
€-743k▲ 18.9%
2024 · €-916k
2020: €115k
2021: €-227k
2022: €-579k
2023: €-781k
2024: €-916k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-351k-€-648k▼ 84.4%€-1.51M▼ 133%€-1.40M▲ 7.3%€-1.04M▲ 25.7%
Operating result€-537k-€-680k▼ 26.7%€-724k▼ 6.4%€-754k▼ 4.1%€-811k▼ 7.6%
Net result€-634k-€-769k▼ 21.4%€-832k▼ 8.2%€-862k▼ 3.7%€-912k▼ 5.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €811k in 2025 against €754k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.36M
Fixed assets
€2.03M▼ 11.0%
Current assets
€329k▲ 82.0%
Key figures and ratios
EBITDA
€-558k▼
2024 · €-494k
Cash flow
€-659k▼
2024 · €-602k
Solvency
-44.0%▲
2024 · -56.8%
Current ratio
0.31▲
2024 · 0.16
Quick ratio
0.31▲
2024 · 0.16
Debt / equity
-3.27▼
2024 · -2.76
ROA
-38.7%▼
2024 · -35.0%
Interest coverage
-4.36▼
2024 · -3.63
Debt
€3.40M▼
2024 · €3.86M
Debt ≤ 1 year
€1.07M▼
2024 · €1.10M
Debt > 1 year
€2.28M▼
2024 · €2.72M
Income taxes
€614▲
2024 · €461
Staff costs
€396k▼
2024 · €443k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.46M€2.36M▼
Fixed assets21/28€2.28M€2.03M▼
Intangible fixed assets21€65k€39k▼
Tangible fixed assets22/27€2.22M€1.99M▼
Plant, machinery and equipment23€556k€493k▼
Furniture and vehicles24€4k€4k▼
Leasing and similar rights25€1.66M€1.50M▼
Current assets29/58€181k€329k▲
Amounts receivable within one year40/41€122k€305k▲
Trade receivables40€101k€247k▲
Other amounts receivable41€21k€58k▲
Cash at bank and in hand54/58€48k€15k▼
Deferred charges and accrued income490/1€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€2.46M€2.36M▼
Equity10/15€-1.40M€-1.04M▲
Contributions10/11€1.92M€3.22M▲
Profit (loss) carried forward14€-3.60M€-4.51M▼
Investment grants15€277k€249k▼
Amounts payable17/49€3.86M€3.40M▼
Amounts payable after more than one year17€2.72M€2.28M▼
Financial debts170/4€2.72M€2.28M▼
Amounts payable within one year42/48€1.10M€1.07M▼
Current portion of amounts payable after more than one year42€462k€437k▼
Trade debts44€163k€191k▲
Suppliers440/4€163k€191k▲
Taxes, remuneration and social security45€36k€35k▼
Taxes450/3€461€620▲
Remuneration and social security454/9€35k€34k▼
Other amounts payable47/48€436k€409k▼
Accrued charges and deferred income492/3€44k€44k=
Income statement
Code20242025
Remuneration, social security and pensions62€443k€396k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€260k€253k▼
Other operating charges640/8€3k€968▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€-48k€-159k▼
Operating profit (loss)9901€-754k€-811k▼
Financial income75/76B€28k€28k=
Recurring financial income75€28k€28k=
Financial charges65/66B€136k€128k▼
Recurring financial charges65€136k€128k▼
Profit (loss) for the period before taxes9903€-862k€-912k▼
Income taxes67/77€461€614▲
Profit (loss) for the period9904€-862k€-912k▼
Profit (loss) for the period to be appropriated9905€-862k€-912k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.60M€-4.51M▼
Profit (loss) brought forward from the previous period14P€-2.73M€-3.60M▼
Social balance
Average headcount (FTE)90877.37.2▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Weakest financial yearnet €-912k
Net result drops to €-912k, the lowest in the series.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
11-03-2025
F & D Trading: Resigned as Managing director
23-03-2020
Wouter De Wilde: Resigned as Director
Location & real-estate footprint
Registered office, Waremme · 1 establishment unit since 2019
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.
Chaussée Romaine (War) 1784300 WaremmeGround area
1.8 ha
Building footprint
7,177 m²
Volume, LiDAR
45,718 m³
Parcel 64074B0027/00L000, Wallonia · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RaviFlex
since 20192.289.257.804
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074B0027/00L000 | Wallonia | 1.8 ha | 1 · 7,176 m² | 15.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaremme2.289.257.804
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Of 90 companies in sector 10391 we hold annual accounts for 43. 25 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2019
Fiscal year end30-09
Activities, NACEBEL
10391Manufacture of food products
10393Manufacture of food products
10850Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@raviflex.com
Phone:+32478493376