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RAYAN EXPRESS

Active
Private limited companyfounded 20251 yr activeLange Eikstraat 46, 1970 Wezembeek-Oppem, BelgiumKBO/BCE: BE 1022.952.201
Summary

The computed 12-month bankruptcy probability of RAYAN EXPRESS is 3.5% (moderate). The 2025 annual accounts show negative equity (-€909) and a net result of -€2,409. Its solvency ranks better than 14% of 4695 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency18
Growth-
Track record67
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 106.6% of total assets, and equity is negative.
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Signals

Five 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-6.6%
Return on assets
-17.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 May 2025, RAYAN EXPRESS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€909
Total assets
€13,750
Net result
-€2,409
Working capital
Not included in this filing

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2025 value
EBITDA
-€1,159
Cash flow
-€1,159
Solvency
-6.6%
ROA
-17.5%
Debt
€14,659
Debt ≤ 1 year
€14,659
Equity ratios withheld: equity of -€909 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,323 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 · 21 lines
Balance sheet Code2025
Assets
Total assets20/58€13,750
Fixed assets21/28€13,750
Tangible fixed assets22/27€13,750
Furniture and vehicles24€13,750
Equity and liabilities
Total equity and liabilities10/49€13,750
Equity10/15-€909
Contributions10/11€1,500
Profit (loss) carried forward14-€2,409
Amounts payable17/49€14,659
Amounts payable within one year42/48€14,659
Trade debts44€1,159
Suppliers440/4€1,159
Other amounts payable47/48€13,500
Income statement Code2025
Goods, raw materials, services and sundry goods60/61€1,159
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,250
Gross operating margin9900-€1,159
Operating profit (loss)9901-€2,409
Profit (loss) for the period before taxes9903-€2,409
Profit (loss) for the period9904-€2,409
Profit (loss) for the period to be appropriated9905-€2,409
Appropriation of the result
Profit (loss) to be appropriated9906-€2,409

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Goods, raw materials, services and sundry goods60/61€1,159
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,250
Gross operating margin9900-€1,159
Operating profit (loss)9901-€2,409
Profit (loss) for the period before taxes9903-€2,409
Profit (loss) for the period9904-€2,409
Profit (loss) for the period to be appropriated9905-€2,409
Line2025
Assets
Total assets20/58€13,750
Fixed assets21/28€13,750
Tangible fixed assets22/27€13,750
Furniture and vehicles24€13,750
Equity and liabilities
Total equity and liabilities10/49€13,750
Equity10/15-€909
Contributions10/11€1,500
Profit (loss) carried forward14-€2,409
Amounts payable17/49€14,659
Amounts payable within one year42/48€14,659
Trade debts44€1,159
Suppliers440/4€1,159
Other amounts payable47/48€13,500
Line2025
Profit (loss) for the period9904-€2,409
+ Depreciation and write-downs630€1,250
Operating cash flow (approximation)-€1,159

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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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing

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, Wezembeek-Oppem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
520 m²
Building footprint
325 m²
Volume, LiDAR
2,867 m³
Parcel 22006A0114/00P000, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
602 companies at this address See who is registered here
1 establishment unit
RAYAN EXPRESS
Lange Eikstraat 46, 1970 Wezembeek-OppemScheduled passenger transport by road
since 20252.373.824.085
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 963 companies in sector 49310 we hold annual accounts for 488. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
53200Other postal and courier activities
53300Postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1022952201
Registered 09-07-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.