White Raven
The computed 12-month bankruptcy probability of White Raven is 1.0% (low). The 2024 annual accounts show equity of €1.62M and a net result of €-680k. Its solvency ranks better than 29% of 174 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.62M |
| Net result | €-680k |
| Staff (FTE) | 2.6 |
| Better than sector | 29% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.7% | 55.0% | |
| Net result | €-680k | €16k | |
| Equity | €1.62M | €70k | |
| Gross operating margin | €-289k | €41k | |
| Staff costs | €218k | €58k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-507k |
| Net profit | €-680k |
| Cash flow | €-664k |
| Staff costs | €218k |
| Income taxes | €325 |
| Dividends | - |
| Total assets | €6.57M |
| Equity | €1.62M |
| Debt | €4.95M |
| of which ≤ 1y | €767k |
| of which > 1y | €4.07M |
| Working capital | €-523k |
| Employees (FTE) | 2.6 |
| 2024 | |
|---|---|
| Current ratio | 0.32 |
| Quick ratio | 0.32 |
| Working capital ratio | -7.9% |
| Solvency | 24.7% |
| Debt / equity | 3.05 |
| Long-term debt ratio | 2.51 |
| Interest coverage | -2.78 |
| Gross margin | - |
| Net margin | - |
| ROA | -10.3% |
| ROE | -42.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.57M |
| Fixed assets | 21/28 | €6.33M |
| Intangible fixed assets | 21 | €1.31M |
| Tangible fixed assets | 22/27 | €5.01M |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €244k |
| Amounts receivable within one year | 40/41 | €104k |
| Cash & bank | 54/58 | €107k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.57M |
| Equity | 10/15 | €1.62M |
| Contributions / capital | 10/11 | €2.52M |
| Accumulated profits (losses) | 14 | €-894k |
| Amounts payable | 17/49 | €4.95M |
| Amounts payable after one year | 17 | €4.07M |
| Amounts payable within one year | 42/48 | €767k |
| Trade debts payable within one year | 44 | €621k |
| Income statement | ||
| Gross operating margin | 9900 | €-289k |
| Operating result | 9901 | €-524k |
| Financial income | 75 | €26k |
| Financial charges | 65 | €182k |
| Result before taxes | 9903 | €-680k |
| Income taxes | 67/77 | €325 |
| Net result for the period | 9904 | €-680k |
| Result to be appropriated | 9905 | €-680k |
| NACE primary | Speur- en ontwikkelingswerk op biotechnologisch gebied(72101) |
| Legal form | Public limited company(014) |
| Incorporation | 23-02-2022 |
| Status | Active |
| Postal code | 4000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62042B0366/00B003 | Wallonia | 1.9 ha | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-05-2024 Registered office moved from Mons to Liège
- rue Adonis Descamps 71 à 7021 Mons → boulevard Patience et Beaujonc 3 à 4000 Liège
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "boulevard Patience et Beaujonc 3 \u00E0 4000 Li\u00E8ge",
"city": "Li\u00E8ge",
"region": "waals_gewest",
"street": "Patience et Beaujonc",
"country": "BE",
"postcode": "4000",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "rue Adonis Descamps 71 \u00E0 7021 Mons",
"city": "Mons",
"region": "waals_gewest",
"street": "Adonis Descamps",
"country": "BE",
"postcode": "7021",
"box_number": null,
"street_number": "71",
"locality_suffix": null
},
"effective_date": "2024-04-02",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2024-05-10",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d\u0027administration",
"date": "2024-04-17",
"unanimous": true
},
"subject_company": {
"kbo": "0782.537.107",
"name_full": "WHITE RAVEN",
"legal_form": "SOCIETE ANONYME"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "ODB \u0026 ASSOCIES SA",
"person_name": null,
"org_rep_person_name": "Val\u0117rie De Bruyn",
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 22705/2024 - Annexes du Moniteur belge"
]
}07-06-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "vzw_capital_conversion",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Olivier de CLIPPELE",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-06-07",
"filing_date": "2023-06-05",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2023-05-25",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": null
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "DE MAERTELAERE JEAN-JACQUES REVISEUR D\u0027ENTREPRISES SRL",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "DE MAERTELAERE Jean-Jacques"
},
"subject_company": {
"kbo": "0782.537.107",
"name_full": "White Raven",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u0027acte",
"statuts coordonn\u00E9s",
"Rapport"
],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 55000,
"class_name": "A",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 15000,
"class_name": "B",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 15000,
"class_name": "C",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 15000,
"class_name": "D",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 21875,
"class_name": "E",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 46397,
"class_name": "P",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
}
]
}| Legal nameFR | White Raven |