RF BO
ActiveSummary
The computed 12-month bankruptcy probability of RF BO is 9.2% (elevated). The 2025 annual accounts show equity of €38k and a net result of €-8k. Its solvency ranks better than 33% of 13417 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 · tick = 2024
Profitability66▼-34
Solvency36▼-42
Growth32
Track record94
Bankruptcy probability, 12 months
9.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.92 against 1.94 in 2024; short-term debt: 15.4% and cash: 6.3% of total assets), and 89.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
10.8%
Return on assets
-2.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 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
28 d late
2024
69 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 17.5%
2024 · €47k
2024: €47k
2025: €38k▼ -17.5% vs 2024
2024 → 2025
Total assets
€357k▲ 309%
2024 · €87k
2024: €87k
2025: €357k▲ +309% vs 2024
2024 → 2025
Net result
€-8k
2024 · €42k
2024: €42k
2025: €-8k▼ -120% vs 2024
2024 → 2025
Working capital
€-5k
2024 · €27k
2024: €27k
2025: €-5k▼ -117% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€47k-€38k▼ 17.5%
2024: €47k
2025: €38k▼ -17.5% vs 2024
Operating result€45k-€12k▼ 72.7%
2024: €45k
2025: €12k▼ -72.7% vs 2024
Net result€42k-€-8k
2024: €42k
2025: €-8k▼ -120% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €357k
Fixed assets
€307k ▲ 886%
Current assets
€50k ▼ 10.0%
Equity and liabilities €357k
Equity
€38k ▼ 17.5%
Debt
€319k ▲ 684%
Debt's share of the balance-sheet total rises from 46.6% to 89.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €50k
Cash flow
€-2k▼
2024 · €46k
Current ratio
0.92▼
2024 · 1.94
Debt to equity
8.29▲
2024 · 0.87
ROE
-21.3%▼
2024 · 89.3%
ROA
-2.3%▼
2024 · 47.7%
Interest coverage
10.12▼
2024 · 42.01
Debt ≤ 1 year
€55k▲
2024 · €29k
Debt > 1 year
€264k▲
2024 · €12k
Income taxes
€19k▲
2024 · €3k
Staff costs
€120k▲
2024 · €47k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€87k€357k▲
Formation expenses20€40€0▼
Fixed assets21/28€31k€307k▲
Intangible fixed assets21€14k€13k▼
Tangible fixed assets22/27€16k€293k▲
Land and buildings22-€279k
Plant, machinery and equipment23€14k€12k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€318€318=
Current assets29/58€56k€50k▼
Amounts receivable within one year40/41€18k€28k▲
Trade receivables40€3k€7k▲
Other amounts receivable41€14k€21k▲
Cash at bank and in hand54/58€38k€22k▼
Equity and liabilities
Total equity and liabilities10/49€87k€357k▲
Equity10/15€47k€38k▼
Contributions10/11€5k€5k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€12k€3k▼
Amounts payable17/49€41k€319k▲
Amounts payable after more than one year17€12k€264k▲
Financial debts170/4€12k€264k▲
Amounts payable within one year42/48€29k€55k▲
Current portion of amounts payable after more than one year42€3k€18k▲
Trade debts44€19k€28k▲
Suppliers440/4€19k€28k▲
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€6k€165▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€47k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€402€5k▲
Gross operating margin9900€98k€144k▲
Operating profit (loss)9901€45k€12k▼
Financial income75/76B€380€7▼
Recurring financial income75€380€7▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€45k€11k▼
Income taxes67/77€3k€19k▲
Profit (loss) for the period9904€42k€-8k▼
Profit (loss) for the period to be appropriated9905€42k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€3k▼
Profit (loss) brought forward from the previous period14P-€12k
Transfer to equity691/2€30k-
To other reserves6921€30k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €47k | €120k | ▲ 154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | ▲ 26.3% |
| Other operating charges640/8 | €402 | €5k | ▲ 1,263% |
| Gross operating margin9900 | €98k | €144k | ▲ 46.9% |
| Operating profit (loss)9901 | €45k | €12k | ▼ 72.7% |
| Financial income75/76B | €380 | €7 | ▼ 98.2% |
| Recurring financial income75 | €380 | €7 | ▼ 98.2% |
| Financial charges65/66B | €1k | €2k | ▲ 53.0% |
| Recurring financial charges65 | €1k | €2k | ▲ 53.0% |
| Profit (loss) for the period before taxes9903 | €45k | €11k | ▼ 76.3% |
| Income taxes67/77 | €3k | €19k | ▲ 525% |
| Profit (loss) for the period9904 | €42k | €-8k | ▼ 120% |
| Profit (loss) for the period to be appropriated9905 | €42k | €-8k | ▼ 120% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €87k | €357k | ▲ 309% |
| Formation expenses20 | €40 | €0 | ▼ 100% |
| Fixed assets21/28 | €31k | €307k | ▲ 886% |
| Intangible fixed assets21 | €14k | €13k | ▼ 11.1% |
| Tangible fixed assets22/27 | €16k | €293k | ▲ 1,699% |
| Land and buildings22 | - | €279k | - |
| Plant, machinery and equipment23 | €14k | €12k | ▼ 14.4% |
| Furniture and vehicles24 | €2k | €2k | ▼ 10.1% |
| Financial fixed assets28 | €318 | €318 | = |
| Current assets29/58 | €56k | €50k | ▼ 10.0% |
| Amounts receivable within one year40/41 | €18k | €28k | ▲ 59.4% |
| Trade receivables40 | €3k | €7k | ▲ 124% |
| Other amounts receivable41 | €14k | €21k | ▲ 44.7% |
| Cash at bank and in hand54/58 | €38k | €22k | ▼ 41.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €87k | €357k | ▲ 309% |
| Equity10/15 | €47k | €38k | ▼ 17.5% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €30k | €30k | = |
| Distributable reserves133 | €30k | €30k | = |
| Profit (loss) carried forward14 | €12k | €3k | ▼ 70.3% |
| Amounts payable17/49 | €41k | €319k | ▲ 684% |
| Amounts payable after more than one year17 | €12k | €264k | ▲ 2,160% |
| Financial debts170/4 | €12k | €264k | ▲ 2,160% |
| Amounts payable within one year42/48 | €29k | €55k | ▲ 89.9% |
| Current portion of amounts payable after more than one year42 | €3k | €18k | ▲ 548% |
| Trade debts44 | €19k | €28k | ▲ 51.9% |
| Suppliers440/4 | €19k | €28k | ▲ 51.9% |
| Taxes, remuneration and social security45 | €8k | €4k | ▼ 50.8% |
| Taxes450/3 | €6k | €165 | ▼ 97.1% |
| Remuneration and social security454/9 | €2k | €4k | ▲ 79.0% |
| Other amounts payable47/48 | - | €5k | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €-8k | ▼ 120% |
| + Depreciation and write-downs630 | €5k | €6k | ▲ 26.3% |
| Operating cash flow (approximation) | €46k | €-2k | ▼ 104% |
| Investment in fixed assets (approximation) | - | €-282k | - |
| Change in cash | - | €-16k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
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, Wavre · 3 establishment units since 2023
Ground area
6,398 m²
Building footprint
1,386 m²
Volume, LiDAR
16,445 m³
4 parcels, Wallonia · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
32
companies at this address
See who is registered here
3 establishment units
Madame BOVERIE
since 20232.347.181.056
Barke
since 20262.389.467.316
Barke
since 20262.392.017.723
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772K0082/00W000 | Wallonia | 3,033 m² | 1 · 1,266 m² | 16.3 m · 4 fl. |
| 62806C0162/00D005 | Wallonia | 2,860 m² | - | - |
| 62063A0991/00F000 ProtectedMonument |
Wallonia | 414 m² | 1 · 120 m² | 17.3 m · 5 fl. |
| 62809A1690/00M002 | Wallonia | 91 m² | - | - |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLiège2.347.181.056
Liège2.389.467.316
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,455 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
Founded13-07-2023
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.