Result
-€87,573 -€87,573
From profit to loss in 2025, after a profit of €73,239 in 2024.
RAYEN ERWIN
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €488,225 (2008)
€72,703▼ 47.0%
lowest -€87,573 (2025)
-€87,573▼ €160,813
peak €304,127 (2009)
€211,212▼ 29.3%
€9,299▼ 59.4%
peak 6.3 FTE (2008)
-not published
Board1 name since 2001
1 director
Documentsfilings and deeds
11-07-202620 days before the deadline
2025micro format
Gross margin from €137,131 to €72,703Loss of €87,573Equity from €298,786 to €211,212Debts from €22,886 to €9,299Cash from €13,151 to €23,874
Key points
from the 2025 annual accountsLiquidity
24.70 was 12.51 in 2024
Short-term debts fell from €21,608 to €8,021.
Position in the sector
-€87,573
Lower net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as RAYEN ERWIN has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for RAYEN ERWIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474680089
Change of role: , from manager to director
General meeting of 22-12-2023 · Gazette deed
Registered office moved from Paal-Beringen to Lummen
New registered office: Paalstraat 7 te 3560 Lummen · Previous registered office: Steengroefstraat 95 te 3583 Paal-Beringen · General meeting of 01-09-2016 · Gazette deed
First establishment
Paalstraat 7, Lummen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RAYEN ERWIN Lummen | €250,511 | €72,703 | 84.3% | - |
| Frederix en Zoon, Grondwerken Peer | €233,914 | €82,994 | 54.2% | - |
| IDES DE WULF Lochristi | €274,282 | €73,037 | -27.1% | - |
| C.T.R.S. Namur | €202,808 | €70,062 | 46.1% | - |
| GRONDWERKEN DUPON Temse | €288,940 | €62,754 | 81.4% | - |
| DIJCK GRONDWERKEN Putte | €225,439 | €68,390 | 6.6% | - |
| HEIKA Saint-Vith | €228,427 | €91,210 | 74.9% | - |
These companies have the same main activity as RAYEN ERWIN: site preparation (NACE 43120). They are comparable in size and age: total assets between €203,000 and €289,000, founded between 1997 and 2004.
Official details
Source: KBO- Status
- Active since 25-04-2001Normal situation
- Activity
- Site preparationNACE 43120
- Establishment unit
- 2.093.174.1833560 Lummen, since 22-05-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 17-03-2026
Annual accounts 2025
- ≈ €310,000estimated
- €250,511▼ 28.8%
- ≈ 0 FTEestimated
- Filing
- Filed on 11-07-2026, 20 days before the end of the filing period
Insights on RAYEN ERWIN
RAYEN ERWIN files the micro format. That format states no turnover. The gross margin fell from €313,578 in 2006 to €72,703 in 2025.
The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RAYEN ERWIN
- What is the company number of RAYEN ERWIN?
- The company number of RAYEN ERWIN is 0474.680.089. The VAT number is the same number with BE in front: BE 0474.680.089.
- Where is RAYEN ERWIN based?
- The registered office is at Paalstraat 7, 3560 Lummen.Company details
- What does RAYEN ERWIN do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of RAYEN ERWIN?
- RAYEN ERWIN is a private limited company (BV).
- When was RAYEN ERWIN founded?
- RAYEN ERWIN was founded on 25-04-2001.
- Is RAYEN ERWIN still active?
- Yes, RAYEN ERWIN is an active enterprise in the KBO register.
- How many employees does RAYEN ERWIN have?
- RAYEN ERWIN had an average of 0.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of RAYEN ERWIN?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €72,703 and 34 comparable companies (NACE 431). It probably lies between €220,000 and €530,000.
- Is RAYEN ERWIN profitable?
- In financial year 2025, RAYEN ERWIN made a loss of €87,573.
- Where can I find the annual accounts of RAYEN ERWIN?
- RAYEN ERWIN filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RAYEN ERWIN due?
- RAYEN ERWIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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