RAW16
ActiveSummary
The computed 12-month bankruptcy probability of RAW16 is 6.0% (elevated). The 2025 annual accounts show negative equity (€-128k) and a net result of €-36k. Equity is shrinking by ~72.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 13417 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
6.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 197.3% and cash: 0.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
-97.3%
Return on assets
-27.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-128k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
20 d late
2023
30 d late
2022
14 d late
2021
22 d late
2020
16 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€-128k▼ 39.9%
2024 · €-91k
Total assets
€131k▼ 10.4%
2024 · €147k
Net result
€-36k▲ 25.7%
2024 · €-49k
Working capital
€-259k▼ 8.9%
2024 · €-238k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-20k▼ 255%€-21k▼ 5.5%€-34k▼ 63.5%€-49k▼ 42.9%€-36k▲ 25.7%
Net result€-20k▼ 255%€-21k▼ 5.5%€-34k▼ 63.5%€-49k▼ 42.9%€-36k▲ 25.7%
Equity€13k▼ 60.6%€-8k€-42k▼ 425%€-91k▼ 116%€-128k▼ 39.9%
Total assets€119k=€147k▲ 24.0%€165k▲ 12.2%€147k▼ 11.3%€131k▼ 10.4%
Debt€106k▲ 23.1%€155k▲ 46.6%€208k▲ 33.6%€238k▲ 14.6%€259k▲ 8.9%
Working capital€-93k▼ 29.0%€-123k▼ 32.7%€-172k▼ 39.9%€-238k▼ 38.4%€-259k▼ 8.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2025 against €49k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€131k ▼ 10.4%
Current assets
€184 ▼ 33.0%
Key figures and ratios
EBITDA
€-18k▲
2024 · €-28k
Cash flow
€-18k▲
2024 · €-28k
Solvency
-97.3%▼
2024 · -62.3%
Current ratio
0.00▼
2024 · 0.00
Debt to equity
-2.03▲
2024 · -2.60
ROA
-27.7%▲
2024 · -33.4%
Debt ≤ 1 year
€259k▲
2024 · €238k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €818 | €0 | €997 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €15k | €27k | €21k | €18k | ▼ 12.8% |
| Other operating charges640/8 | €428 | €428 | €419 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €-7k | €-6k | €-7k | €-28k | €-18k | ▲ 35.9% |
| Operating profit (loss)9901 | €-20k | €-21k | €-34k | €-49k | €-36k | ▲ 25.7% |
| Profit (loss) for the period before taxes9903 | €-20k | €-21k | €-34k | €-49k | €-36k | ▲ 25.7% |
| Profit (loss) for the period9904 | €-20k | €-21k | €-34k | €-49k | €-36k | ▲ 25.7% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €-21k | €-34k | €-49k | €-36k | ▲ 25.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119k | €147k | €165k | €147k | €131k | ▼ 10.4% |
| Fixed assets21/28 | €105k | €115k | €129k | €146k | €131k | ▼ 10.4% |
| Intangible fixed assets21 | - | €10k | €21k | €16k | €10k | ▼ 33.4% |
| Tangible fixed assets22/27 | €105k | €105k | €109k | €131k | €121k | ▼ 7.7% |
| Plant, machinery and equipment23 | €26k | €25k | €29k | €20k | €9k | ▼ 51.3% |
| Assets under construction and advance payments27 | €80k | €80k | €80k | €111k | €111k | = |
| Current assets29/58 | €13k | €33k | €36k | €274 | €184 | ▼ 33.0% |
| Amounts receivable within one year40/41 | €13k | €19k | €36k | €0 | - | - |
| Trade receivables40 | €464 | - | €7k | €0 | - | - |
| Other amounts receivable41 | €13k | €19k | €29k | €0 | - | - |
| Cash at bank and in hand54/58 | €238 | €14k | €89 | €274 | €184 | ▼ 33.0% |
| Deferred charges and accrued income490/1 | - | €100 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119k | €147k | €165k | €147k | €131k | ▼ 10.4% |
| Equity10/15 | €13k | €-8k | €-42k | €-91k | €-128k | ▼ 39.9% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €-37k | €-58k | €-92k | €-141k | €-178k | ▼ 25.8% |
| Amounts payable17/49 | €106k | €155k | €208k | €238k | €259k | ▲ 8.9% |
| Amounts payable within one year42/48 | €106k | €155k | €208k | €238k | €259k | ▲ 8.9% |
| Trade debts44 | €428 | - | €485 | €163 | €41 | ▼ 74.6% |
| Suppliers440/4 | €428 | - | €485 | €163 | €41 | ▼ 74.6% |
| Other amounts payable47/48 | €106k | €155k | €207k | €238k | €259k | ▲ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €-21k | €-34k | €-49k | €-36k | ▲ 25.7% |
| + Depreciation and write-downs630 | €12k | €15k | €27k | €21k | €18k | ▼ 12.8% |
| Operating cash flow (approximation) | €-8k | €-6k | €-7k | €-28k | €-18k | ▲ 35.4% |
| Investment in fixed assets (approximation) | - | €-24k | €-42k | €-38k | €-3k | ▲ 91.8% |
| Change in cash | - | €13k | €-14k | €186 | €-91 | ▼ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Grez-Doiceau · 1 establishment unit since 2018
Ground area
5,712 m²
Building footprint
229 m²
Volume, LiDAR
1,828 m³
Parcel 25037D0031/02K002, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RAW16
since 20182.283.622.401
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037D0031/02K002 | Wallonia | 5,712 m² | 1 · 229 m² | 10.1 m · 3 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.
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Of 1,350 companies in sector 56220 we hold annual accounts for 406. 241 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
Founded06-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56220Contract catering and other food service activities
Scores and ratios are computed by Checked and are not a credit decision.