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REALPA

Active
Private limited companyfounded 200917 yrs activePaul Emile Jansonstraat 3A, 1000 Brussel, BelgiumKBO/BCE: BE 0817.989.122
Summary

REALPA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,567 and a net result of -€28,399. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 1559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Accommodation
NACE 55900
1 site
Size
€669,111total assets 2025
Equity
€129,567
Loss
-€28,399
Turnover not published (abridged schema)
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts 85 d early0 of 4 deeds read
Why 88- Loss of €28,399, the second in a row (FY 2025)+ Size: total assets €669,111+ Founded in 2009+ Figures for FY 2025 (filed 10-05-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 35% of its sector peers (NACE 55, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 44-4
equity 19.4% of total assets
Liquidity 43-3
short-term debt 26.1% · cash 2.3%
Profitability 30=
return on assets -4.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,509 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%▼ -5.0% vs 11-2024 01-2025: 0.3%▼ -0.7% vs 12-2024 02-2025: 0.3%▲ +4.7% vs 01-2025 03-2025: 0.3%▼ -0.6% vs 02-2025 04-2025: 0.3%▼ -1.6% vs 03-2025 05-2025: 0.3%▲ +3.2% vs 04-2025 06-2025: 0.3%▲ +6.9% vs 05-2025 07-2025: 0.4%▲ +32.1% vs 06-2025highest value 08-2025: 0.2%▼ -57.5% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▲ +3.1% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.2%▲ +9.6% vs 03-2026 05-2026: 0.2%▲ +2.8% vs 04-2026 06-2026: 0.2%▼ -27.0% vs 05-2026lowest value 07-2026: 0.2%● 0.0% vs 06-2026lowest value 08-2026: 0.2%● 0.0% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Size: total assets €669,111 lowers the probability for this profile
  • Founded in 2009 lowers the probability for this profile
  • Figures for FY 2025 (filed 10-05-2026) lowers the probability
  • Loss of €28,399, the second in a row (FY 2025) raises the probability
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.06 in 2024; short-term debt: 26.1% and cash: 2.3% of total assets), and 80.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, micro). Better than this share of them on solvency 47%, liquidity 40%, profitability 27%, growth against the median 24%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €669,111
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 10-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Loss of €28,399, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€28,399
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
85 d early
2024
31 d early
2023
19 d late
2022
4 d late
2021
31 d late
2020
51 d early
2019
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€28,399 View
  • Caution: Among the weakest 16% on net resultsector median €2,011 · 1,560 companies -€28,399 View
  • Total assets 20256 fiscal years filed €669,111 View

By topic

Financials

Fiscal year
2025
Total assets
€669,111
Loss
-€28,399
Solvency
19.4%
Total assets▼ 3.1%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 07-05-2026Annual accounts filed
  2. 30-06-2025Annual accounts filed
  3. 19-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
AccommodationNACE 55900
Founded
24-08-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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