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RRAK

Active
Private limited companyfounded 2023active for 2 yearsEverslaarstraat 209, 9160 Lokeren, BelgiumKBO/BCE: BE 1003.991.966
Summary

The annual accounts of RRAK for financial year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €7,729 and a net result of -€17,617. Its solvency ranks better than 28% of 2,865 sector peers (NACE 93, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 28-12-2023 Normal situation
Activity
Operation of sports facilities NACE 93110and 6 others
Establishment unit
2.355.303.025 9160 Lokeren, since 28-12-2023
Financial year end
31 December
Peppol
Reachable since 26-01-2026

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€86,053
▼ 7.8%
Turnover
≈ €260,000
estimated
Loss
€17,617
Equity
€7,729
▼ 69.5%
Total assets
€809,657
▼ 15.4%
Employees on 31-12-2025
1
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.08, cash €3,169, halvedLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskSize: total assets €809,657Sector: Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 23% of micro companies in sports and recreation (NACE 93)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 26-2
equity 1.0% of total assets
Liquidity 34+2
short-term debt 37.2% · cash 0.4%
Profitability 28-15
return on assets -2.2%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 01-2025: 0.7% 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.1 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 0.9%▼ -0.1 percentage points vs 09-2025 11-2025: 0.5%▼ -0.4 percentage points vs 10-2025lowest value 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -0.6 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.08 (0.38 in 2024), below 1. Short-term debt is 37.2% and cash 0.4% of total assets. 99% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 26% of them on solvency, 28% on liquidity, 26% on profitability and 10% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €809,657
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Liquidity: current ratio 0.08, cash €3,169, halved
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 50 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Lower net result than 84% of companies in sports and recreationsector median €3,704 · 2,860 companies -€17,617 View

Comparable companies

These companies have the same main activity as RRAK: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €522,000 and €884,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
RRAK Lokeren€809,657€86,053
BASKETBAL VLAANDEREN EVENTS Gent€656,619€110,766
PADEL FACTORY Gent€787,125€120,929
Centre d'activité sportive et aquatique pour tous Braine-l'Alleud€575,573€77,707
PADEL NAMUR SRL Jemeppe-sur-Sambre€596,136€94,031
LES TROIS CIMES Liège€884,096€135,438
Indoor Padel Club De Ridder Brecht€522,406€84,692
Full comparison

Key facts about RRAK

What is the company number of RRAK?
The company number of RRAK is 1003.991.966. The VAT number is the same number with BE in front: BE 1003.991.966.
Where is RRAK based?
The registered office is at Everslaarstraat 209, 9160 Lokeren.Company details
What does RRAK do?
According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
What is the legal form of RRAK?
The legal form of RRAK is Private limited company (BV).
When was RRAK founded?
RRAK was founded on 28-12-2023.
Is RRAK still active?
Yes, RRAK is an active enterprise in the KBO register.
How many employees does RRAK have?
RRAK had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RRAK?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €86,053 and 2,678 comparable companies of the same size. It probably lies between €170,000 and €450,000. It is a rough estimate.
Is RRAK profitable?
In financial year 2025, RRAK made a loss of €17,617.
Where can I find the annual accounts of RRAK?
RRAK filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RRAK due?
RRAK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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