RAYBUL FINANCE & LEASE
Open bankruptcyA bankruptcy procedure is open for RAYBUL FINANCE & LEASE according to publications in the Belgian State Gazette; curator: ANNE-LAURE PHILIPPE.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-414k) and a net result of €-256k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
58 d late
2022
262 d late
← 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 2023, micro schema
Equity
€-414k▼ 163%
2022 · €-157k
2022: €-157k
2022 → 2023
Total assets
€1.81M▲ 41.2%
2022 · €1.28M
2022: €1.28M
2022 → 2023
Net result
€-256k▼ 45.4%
2022 · €-176k
2022: €-176k
2022 → 2023
Working capital
€-748k▼ 125%
2022 · €-333k
2022: €-333k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€-157k-€-414k▼ 163%
Operating result€-172k-€-209k▼ 21.7%
Net result€-176k-€-256k▼ 45.4%
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 €209k in 2023 against €172k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.81M
Fixed assets
€1.06M ▲ 123%
Current assets
€753k ▼ 6.8%
Key figures and ratios
EBITDA
€-103k▲
2022 · €-126k
Cash flow
€-150k▼
2022 · €-131k
Solvency
-22.8%▼
2022 · -12.3%
Current ratio
0.50▼
2022 · 0.71
Debt to equity
-5.38▲
2022 · -9.15
ROA
-14.2%▼
2022 · -13.7%
Interest coverage
-2.21▲
2022 · -26.63
Debt
€2.22M▲
2022 · €1.44M
Debt ≤ 1 year
€1.50M▲
2022 · €1.14M
Debt > 1 year
€724k▲
2022 · €299k
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 · 2023 against 2022 · 45 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1.28M€1.81M▲
Fixed assets21/28€475k€1.06M▲
Tangible fixed assets22/27€475k€1.06M▲
Furniture and vehicles24€67k-
Leasing and similar rights25€408k€1.06M▲
Current assets29/58€808k€753k▼
Stocks and contracts in progress3€336k-
Stocks30/36€336k-
Amounts receivable within one year40/41€51k€753k▲
Trade receivables40€44k€721k▲
Other amounts receivable41€7k€32k▲
Cash at bank and in hand54/58€416k-
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.81M▲
Equity10/15€-157k€-414k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-176k€-433k▼
Amounts payable17/49€1.44M€2.22M▲
Amounts payable after more than one year17€299k€724k▲
Financial debts170/4€299k€724k▲
Amounts payable within one year42/48€1.14M€1.50M▲
Current portion of amounts payable after more than one year42€820k€204k▼
Financial debts43-€698
Credit institutions430/8-€698
Trade debts44€126k€44k▼
Suppliers440/4€126k€44k▼
Advances received on contracts in progress46-€813k
Taxes, remuneration and social security45€10k-
Taxes450/3€10k-
Other amounts payable47/48€184k€439k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€106k▲
Other operating charges640/8€27k-
Non-recurring operating charges66A€2k-
Gross operating margin9900€-97k€-103k▼
Operating profit (loss)9901€-172k€-209k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€5k€48k▲
Recurring financial charges65€5k€47k▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€-176k€-256k▼
Profit (loss) for the period9904€-176k€-256k▼
Profit (loss) for the period to be appropriated9905€-176k€-256k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-176k€-433k▼
Profit (loss) brought forward from the previous period14P-€-176k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
KBO administration
Address struck
2024
22-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL RAYBUL FINANCE & LEASE RUE DE GRAND-BIGARD 14, 1082 BERCHEM-SAINTE-AGATHE · event 14-10-2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 262 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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
1 establishment unit since 2021
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.
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RAYBUL FINANCE & LEASE
since 20212.339.232.105
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANNE-LAURE PHILIPPE CHAUSSéE DE
WATERLOO 880, 1000 BRUXELLES |
14-10-2024 → present |
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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 361 companies in sector 77120 we hold annual accounts for 233. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-2021
Fiscal year end31-12
Abbreviation FR
RFL
Activities, NACEBEL 2025
77120Rental and leasing activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.