Raybor Construct
Open bankruptcySummary
A bankruptcy procedure is open for Raybor Construct according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2024 annual accounts show negative equity (€-7k) and a net result of €-10k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
34 d early
2022
31 d early
2021
33 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€-7k
2023 · €4k
2021: €22k
2022: €12k
2023: €4k
2021 → 2024
Total assets
€10k▼ 59.4%
2023 · €25k
2021: €30k
2022: €25k
2023: €25k
2021 → 2024
Net result
€-10k▼ 19.6%
2023 · €-8k
2021: €16k
2022: €-10k
2023: €-8k
2021 → 2024
Working capital
€-9k▼ 335%
2023 · €-2k
2021: €13k
2022: €3k
2023: €-2k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€22k-€12k▼ 45.0%€4k▼ 70.0%€-7k
Operating result€8k-€-28k€-21k▲ 25.3%€-18k▲ 14.3%
Net result€16k-€-10k€-8k▲ 14.3%€-10k▼ 19.6%
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 €18k in 2024 against €21k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10k
Fixed assets
€3k ▼ 54.2%
Current assets
€7k ▼ 61.0%
Key figures and ratios
EBITDA
€-15k▲
2023 · €-18k
Cash flow
€-7k▼
2023 · €-5k
Solvency
-65.2%▼
2023 · 14.8%
Current ratio
0.45▼
2023 · 0.90
Debt to equity
-2.53▼
2023 · 5.76
ROA
-101.7%▼
2023 · -34.5%
Interest coverage
-52.82▼
2023 · -20.84
Debt
€16k▼
2023 · €21k
Debt ≤ 1 year
€16k▼
2023 · €21k
Income taxes
€140▲
2023 · €123
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€25k€10k▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€19k€7k▼
Stocks and contracts in progress3€7k-
Contracts in progress37€7k-
Amounts receivable within one year40/41€3k€5k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€25k€10k▼
Equity10/15€4k€-7k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€16k€16k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€-18k€-29k▼
Amounts payable17/49€21k€16k▼
Amounts payable within one year42/48€21k€16k▼
Advances received on contracts in progress46€726€726=
Taxes, remuneration and social security45€20k€16k▼
Taxes450/3€20k€16k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-15k€-14k▲
Operating profit (loss)9901€-21k€-18k▲
Financial income75/76B€13k€8k▼
Recurring financial income75€13k€8k▼
Financial charges65/66B€841€276▼
Recurring financial charges65€841€276▼
Profit (loss) for the period before taxes9903€-8k€-10k▼
Income taxes67/77€123€140▲
Profit (loss) for the period9904€-8k€-10k▼
Profit (loss) for the period to be appropriated9905€-8k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-29k▼
Profit (loss) brought forward from the previous period14P€-10k€-18k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-10
KBO administration
Address struck
17-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 11-09-2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 2021
Ground area
299 m²
Building footprint
82 m²
Volume, LiDAR
347 m³
Parcel 73059A0576/00R000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Raybor Construct
since 20212.312.488.116
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73059A0576/00R000 | Flanders | 298 m² | 1 · 82 m² | 7.4 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CECILE NOELMANS Moerenstraat 33, 3700 TONGEREN-
BORGLOON |
11-09-2025 → present |
| Curator | CATHERINE NOEL-
MANS MOERENSTRAAT 33, 3700 TONGEREN-BORGLOON- |
11-09-2025 → present |
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Of 751 companies in sector 43422 we hold annual accounts for 424. 121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.