RAZY
ActiveThe file of RAZY contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.2% (low). The 2025 annual accounts show equity of €14k and a net result of €822. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 18237 sector peers (fiscal year 2025).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▼-21
Solvency100=
Growth52=
Track record85
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.43 against 37.09 in 2023; short-term debt: 25.1% and cash: 9.1% of total assets), and 25.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-04-2026, 73 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 · 10 filingsDeviation from the deadline
2025
73 d late
2023
7 d early
2022
on the day
2021
4 d early
2020
2 d early
2019
52 d early
2018
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€284k▲ 46.8%
2023 · €193k
2019: €509k
2020: €147k
2021: €181k
2022: €176k
2023: €193k
2019 → 2025
EBIT margin
0.3%▼ 3.0pp
2023 · 3.3%
2019: -1.7%
2020: 3.5%
2021: 3.7%
2022: -0.1%
2023: 3.3%
2019 → 2025
Net result
€822▼ 86.9%
2023 · €6k
2019: €-9k
2020: €5k
2021: €6k
2022: €2k
2023: €6k
2019 → 2025
Working capital
€12k▼ 48.1%
2023 · €22k
2019: €3k
2020: €8k
2022: €15k
2023: €22k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€147k-€181k▲ 22.4%€176k▼ 2.5%€193k▲ 10.0%€284k▲ 46.8%
Equity€8k-€15k▲ 80.1%€17k▲ 15.1%€23k▲ 37.4%€14k▼ 38.7%
Operating result€5k-€7k▲ 30.5%€-192€6k€895▼ 86.0%
Net result€5k-€6k▲ 30.6%€2k▼ 66.1%€6k▲ 185%€822▼ 86.9%
Result per fiscal year
Operating resultNet result
The operating result is €895 in 2025, compared with €6k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €19k
Fixed assets
€3k▲ 215%
Current assets
€16k▼ 28.8%
Equity and liabilities €19k
Equity
€14k▼ 38.7%
Debt
€5k▲ 669%
The debt ratio rises from 2.6% to 25.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2023 · €7k
Cash flow
€2k▼
2023 · €7k
Solvency
74.9%▼
2023 · 97.4%
Current ratio
3.43▼
2023 · 37.09
Quick ratio
1.72▼
2023 · 20.02
Debt / equity
0.34▲
2023 · 0.03
ROE
5.8%▼
2023 · 27.2%
ROA
4.4%▼
2023 · 26.5%
Interest coverage
28.69▼
2023 · 90.30
Debt
€5k▲
2023 · €615
Debt ≤ 1 year
€5k▲
2023 · €615
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€24k€19k▼
Fixed assets21/28€826€3k▲
Tangible fixed assets22/27€776€3k▲
Furniture and vehicles24€776€3k▲
Financial fixed assets28€50€50=
Current assets29/58€23k€16k▼
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€5k€6k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€24k€19k▼
Equity10/15€23k€14k▼
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Share premium1100/10€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€1k€-8k▼
Amounts payable17/49€615€5k▲
Amounts payable within one year42/48€615€5k▲
Trade debts44-€603
Suppliers440/4-€603
Taxes, remuneration and social security45€615€4k▲
Taxes450/3€615€4k▲
Income statement
Code20232025
Turnover70€193k€284k▲
Goods, raw materials, services and sundry goods60/61€184k€281k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€667€826▲
Other operating charges640/8€2k€903▼
Gross operating margin9900€9k€3k▼
Operating profit (loss)9901€6k€895▼
Financial charges65/66B€145€73▼
Recurring financial charges65€78€60▼
Non-recurring financial charges66B€66€13▼
Profit (loss) for the period before taxes9903€6k€822▼
Profit (loss) for the period9904€6k€822▼
Profit (loss) for the period to be appropriated9905€6k€822▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-8k▼
Profit (loss) brought forward from the previous period14P€-5k€-9k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 73 days late
2025
27-02
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · RAZY BV VICTOR RAUTERSTRAAT 260, 1070 ANDERLECHT · event 21-02-2025
2024
16-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · RAZY BV VICTOR RAUTER- STRAAT 260, 1070 ANDERLECHT · event 10-12-2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity times 7current ratio 37.09
Current ratio from 5.38 to 37.09; short-term debt falls from €3k to €615.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €6k ▲30.6%
Operating result €7k, net result €6k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-06
Financial
Liquidity times 11current ratio 16.52
Current ratio from 1.55 to 16.52; short-term debt falls from €6k to €518.
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-06-2014
JEFFALI AZZEDDINE: Resigned as Manager
13-06-2007
BARCHOUCH Zohir: Resigned as Managing director
13-06-2007
BEN AYAD Hafid: Resigned as Managing director
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2007
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.
Victor Rauterstraat 2601070 AnderlechtGround area
179 m²
Building footprint
97 m²
Volume, LiDAR
729 m³
Parcel 21308H0522/00G003, Brussels · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RAZY
since 20072.160.558.402
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0522/00G003 | Brussels | 179 m² | 1 · 97 m² | 14.5 m · 3 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 | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
10-12-2024 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.160.558.402
Similar companies · same sector, comparable size
Anné & Van Gaever
BE 0438.468.803
Dendermonde · Eq €14k
AlterSmoke Belgium
BE 0542.570.488
Elsene · Eq €14k
BOXCARS
BE 0668.774.616
Willebroek · Eq €14k
Madame Panier
BE 0719.890.151
Gent · Eq €14k
Gäst Store
BE 0799.726.495
Brugge · Eq €14k
Of 4,245 companies in sector 47789 we hold annual accounts for 1,020. 562 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2007
Fiscal year end30-06
Activities, NACEBEL
47789Other retail sale of new goods
47890Retail trade
52623
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.