RNATUS
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 4 days after the deadline Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00379508.
Annual accounts 2025 filed on 04-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €400 |
| Gross operating margin9900 | -€4,677 |
| Operating profit (loss)9901 | -€5,077 |
| Financial charges65/66B | €1,492 |
| Recurring financial charges65 | €1,492 |
| Profit (loss) for the period before taxes9903 | -€6,569 |
| Profit (loss) for the period9904 | -€6,569 |
| Profit (loss) for the period to be appropriated9905 | -€6,569 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €138,504 | |
| Current assets29/58 | €138,504 | |
| Stocks and contracts in progress3 | €135,119 | |
| Stocks30/36 | €135,119 | |
| Cash at bank and in hand54/58 | €2,137 | |
| Deferred charges and accrued income490/1 | €1,247 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €138,504 | |
| Equity10/15 | €33,431 | |
| Contributions10/11 | €40,000 | |
| Profit (loss) carried forward14 | -€6,569 | |
| Amounts payable17/49 | €105,073 | |
| Amounts payable after more than one year17 | €88,361 | |
| Financial debts170/4 | €88,361 | |
| Amounts payable within one year42/48 | €16,712 | |
| Trade debts44 | €412 | |
| Suppliers440/4 | €412 | |
| Other amounts payable47/48 | €16,300 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€6,569 |
| Operating cash flow (approximation) | -€6,569 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 173 companies had the same profile as RNATUS has now. Two years later, 94.2% were still going and 2.9% had gone bankrupt.
- Micro
- under 2 years old
- solvency 10 to 30%
- a small loss
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RNATUS itself: 3.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 173 companies, not a prediction for RNATUS. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-08-2026 | 2026-00379508 |