Active BE 0762.696.152Private limited companyOpen bankruptcy

Raybor Construct

· 5 yrs active

Sector: Specialised construction (43422)

Conclusion Checked

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.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-7k
Net result	€-10k
Better than sector	5%
Active	5 yrs

Snowflake analysis 5 axes · computed by Checked

33 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

53 / 100

High risk

Components

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 1 events

Address struck

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43 — Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-65.2%	39.5%	better than 5% of 2271 sector peers
Net result	€-10k	€11k	better than 10% of 2264 sector peers
Equity	€-7k	€32k	better than 6% of 2272 sector peers
Gross operating margin	€-14k	€33k	better than 5% of 2263 sector peers
Total assets	€10k	€90k	better than 5% of 2271 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-15k

+41.5% 21–24

Net profit

€-10k

-2.5% 21–24

Cash flow

€-7k

+2.2% 21–24

Total assets

€10k

-60.7% 21–24

Equity

€-7k

— 21–24

Working capital

€-9k

— 21–24

Income taxes

€140

+24.6% 21–24

Debt

€16k

+24.5% 21–24

Debt ≤ 1y

€16k

+24.5% 21–24

Current ratio

0.45

-64.2% 21–24

Quick ratio

0.45

-48.7% 21–24

Solvency

-65.2%

— 21–24

Debt / equity

-2.53

— 21–24

ROE

155.8%

— 21–24

ROA

-101.7%

-160.6% 21–24

Interest coverage

-52.82

+98.9% 21–24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€-15k
Net profit	€-10k
Cash flow	€-7k
Staff costs	—
Income taxes	€140
Dividends	—
Total assets	€10k
Equity	€-7k
Debt	€16k
of which ≤ 1y	€16k
of which > 1y	—
Working capital	€-9k
Employees (FTE)	—

Ratios (computed)

	2024
Current ratio	0.45
Quick ratio	0.45
Working capital ratio	-91.6%
Solvency	-65.2%
Debt / equity	-2.53
Long-term debt ratio	—
Interest coverage	-52.82
Gross margin	—
Net margin	—
ROA	-101.7%
ROE	155.8%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €3k · 26.3% Current assets €7k · 73.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€10k
Fixed assets	21/28	€3k
Tangible fixed assets	22/27	€3k
Current assets	29/58	€7k
Amounts receivable within one year	40/41	€5k
Cash & bank	54/58	€3k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€10k
Equity	10/15	€-7k
Contributions / capital	10/11	€6k
Reserves	13	€16k
Accumulated profits (losses)	14	€-29k
Amounts payable	17/49	€16k
Amounts payable within one year	42/48	€16k
Income statement
Gross operating margin	9900	€-14k
Operating result	9901	€-18k
Financial income	75	€8k
Financial charges	65	€276
Result before taxes	9903	€-10k
Income taxes	67/77	€140
Net result for the period	9904	€-10k
Result to be appropriated	9905	€-10k

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Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	CECILE NOELMANS Moerenstraat 33, 3700 TONGEREN- BORGLOON ↔ Also on 95 other cases	11-09-2025 → present	Belgian State Gazette
Curator	CATHERINE NOEL- MANS MOERENSTRAAT 33, 3700 TONGEREN-BORGLOON-	11-09-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Specialised construction(43422)
Legal form	Private limited company(610)
Incorporation	29-01-2021
Status	Active
Postal code	—
First BS signal	17-09-2025
Latest BS signal	17-09-2025

Company structure — linked entities2 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

Raybor Construct

Vervaardiging van cement

since 20212.312.488.116

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73059A0576/00R000	Flanders	298 m²	1 · 82 m²	7.4 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

20-10-2025

KBO administration Address strikeout main

20-10-2025

KBO administration Address strikeout main

17-09-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · RAYBOR CONSTRUCT BV ACHTERSTRAAT 20, 3700 TONGEREN-BORGLOON · event 11-09-2025

25-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

27-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

30-06-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

28-06-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Lifecycle & Insolvency Signals 2 events

20-10-2025

KBO administration Address strikeout main

· Publications in State Gazette ↗

17-09-2025

Bankruptcy Opening

Date: 11-09-2025 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · RAYBOR CONSTRUCT BV ACHTERSTRAAT 20, 3700 TONGEREN-BORGLOON · Publications in State Gazette ↗

Time machine — BS events + macro context 2021 — 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023–2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Chapewerken43422Chapewerken43996Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331

Primary activity highlighted.

Names & trade names

Legal nameNL

Raybor Construct

Registration history

20-10-2025 Address strikeout main

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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