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RAYRICDAN

Active
Private limited companyfounded 20232 yrs activeStwg. op Vilvoorde 352/1, 1745 Opwijk, BelgiumKBO/BCE: BE 1004.013.940
Summary

The computed 12-month bankruptcy probability of RAYRICDAN is 2.7% (moderate). The 2025 annual accounts show equity of €10,923 and a net result of €7,923. Its solvency ranks better than 12% of 28184 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability75
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.7; short-term debt: 78.7% and cash: 2.7% of total assets), and 92.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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
7.1%
Return on assets
5.2%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 28184 sector peers (2025).
NBB · sector comparison
Position among 28184 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-10-2025, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 d early
← 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 28 December 2023, RAYRICDAN 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
€10,923
Total assets
€153,179
Net result
€7,923
Working capital
-€36,113

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

Balance-sheet composition
Assets €153,179
Fixed assets €68,760
Current assets €84,418
Equity and liabilities €153,179
Equity €10,923
Debt €142,255
Debt finances 92.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€34,511
Cash flow
€29,063
Current ratio
0.70
Debt to equity
13.02
ROE
72.5%
ROA
5.2%
Interest coverage
12.71
Debt ≤ 1 year
€120,532
Debt > 1 year
€21,724
Income taxes
€2,873

Peer companies

Historical observation

Of the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.6% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% 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 2,155 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€153,179
Fixed assets21/28€68,760
Tangible fixed assets22/27€59,760
Furniture and vehicles24€59,760
Financial fixed assets28€9,000
Current assets29/58€84,418
Amounts receivable within one year40/41€79,592
Trade receivables40€72,991
Other amounts receivable41€6,601
Cash at bank and in hand54/58€4,153
Deferred charges and accrued income490/1€674
Equity and liabilities
Total equity and liabilities10/49€153,179
Equity10/15€10,923
Contributions10/11€3,000
Profit (loss) carried forward14€7,923
Amounts payable17/49€142,255
Amounts payable after more than one year17€21,724
Financial debts170/4€21,724
Amounts payable within one year42/48€120,532
Current portion of amounts payable after more than one year42€14,062
Trade debts44€19,647
Suppliers440/4€19,647
Taxes, remuneration and social security45€86,823
Taxes450/3€86,308
Remuneration and social security454/9€515
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,140
Other operating charges640/8€3,159
Gross operating margin9900€37,671
Operating profit (loss)9901€13,372
Financial income75/76B€141
Recurring financial income75€141
Financial charges65/66B€2,716
Recurring financial charges65€2,716
Profit (loss) for the period before taxes9903€10,797
Income taxes67/77€2,873
Profit (loss) for the period9904€7,923
Profit (loss) for the period to be appropriated9905€7,923
Appropriation of the result
Profit (loss) to be appropriated9906€7,923

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,140
Other operating charges640/8€3,159
Gross operating margin9900€37,671
Operating profit (loss)9901€13,372
Financial income75/76B€141
Recurring financial income75€141
Financial charges65/66B€2,716
Recurring financial charges65€2,716
Profit (loss) for the period before taxes9903€10,797
Income taxes67/77€2,873
Profit (loss) for the period9904€7,923
Profit (loss) for the period to be appropriated9905€7,923
Line2025
Assets
Total assets20/58€153,179
Fixed assets21/28€68,760
Tangible fixed assets22/27€59,760
Furniture and vehicles24€59,760
Financial fixed assets28€9,000
Current assets29/58€84,418
Amounts receivable within one year40/41€79,592
Trade receivables40€72,991
Other amounts receivable41€6,601
Cash at bank and in hand54/58€4,153
Deferred charges and accrued income490/1€674
Equity and liabilities
Total equity and liabilities10/49€153,179
Equity10/15€10,923
Contributions10/11€3,000
Profit (loss) carried forward14€7,923
Amounts payable17/49€142,255
Amounts payable after more than one year17€21,724
Financial debts170/4€21,724
Amounts payable within one year42/48€120,532
Current portion of amounts payable after more than one year42€14,062
Trade debts44€19,647
Suppliers440/4€19,647
Taxes, remuneration and social security45€86,823
Taxes450/3€86,308
Remuneration and social security454/9€515
Line2025
Profit (loss) for the period9904€7,923
+ Depreciation and write-downs630€21,140
Operating cash flow (approximation)€29,063

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

2025
01-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Opwijk · 1 establishment unit since 2023
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.

Stwg. op Vilvoorde 352/11745 Opwijk
1 establishment unit
RAYRICDAN
Stwg. op Vilvoorde 352/1, 1745 OpwijkGeneral construction of buildings
since 20232.353.524.757

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 5,771 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-12-2023
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
49410Freight transport by road
43240Other construction installation
52250Logistics services
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004013940
Registered 04-06-2025

Register as of 27 September 2026 · Peppol Directory

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