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R-KAN TECHNIC EXPRESS

Active
Private limited companyfounded 20197 yrs activeMeersstraat 135, 1742 Ternat, BelgiumKBO/BCE: BE 0723.609.508

The computed 12-month bankruptcy probability of R-KAN TECHNIC EXPRESS is 2.1% (moderate). The 2025 annual accounts show equity of €76k and a net result of €25k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 17% of 1291 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
51 / 100
Fair▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+72
Solvency10▼-90
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.57 against 6.03 in 2024), and 87.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
12.8%
Return on assets
4.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1291 sector peers (2025).
NBB · sector comparison
Position among 1291 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 7 filings
Deviation from the deadline
2025
7 d late
2024
28 d late
2023
29 d late
2022
20 d late
2021
60 d late
2020
26 d late
2019
143 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
15-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€76k▲ 48.9%
2024 · €51k
2019: €12k 2020: €30k 2021: €27k 2022: €36k 2023: €48k 2024: €51k
2019 → 2025
Total assets
€592k▲ 873%
2024 · €61k
2019: €23k 2020: €56k 2021: €57k 2022: €49k 2023: €62k 2024: €61k
2019 → 2025
Net result
€25k▲ 775%
2024 · €3k
2019: €12k 2020: €18k 2021: €7k 2022: €10k 2023: €12k 2024: €3k
2019 → 2025
Working capital
€-68k
2024 · €50k
2019: €8k 2020: €20k 2021: €23k 2022: €33k 2023: €48k 2024: €50k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€27k-€36k▲ 36.5%€48k▲ 32.8%€51k▲ 5.9%€76k▲ 48.9%
Operating result€11k-€13k▲ 23.4%€18k▲ 40.2%€5k▼ 70.6%€44k▲ 729%
Net result€7k-€10k▲ 40.7%€12k▲ 22.7%€3k▼ 76.1%€25k▲ 775%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €11k€11kNet result 2021: €7k€7kOperating result 2022: €13k€13kNet result 2022: €10k€10kOperating result 2023: €18k€18kNet result 2023: €12k€12kOperating result 2024: €5k€5kNet result 2024: €3k€3kOperating result 2025: €44k€44kNet result 2025: €25k€25k20212022202320242025
The operating result recovers in 2025; 2025 is 729% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €592k
Fixed assets €502k▲ 54,625%
Current assets €91k▲ 51.3%
Equity and liabilities €592k
Equity €76k▲ 48.9%
Debt €516k▲ 5,095%
The debt ratio rises from 16.3% to 87.2%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€73k
2024 · €6k
Cash flow
€53k
2024 · €3k
Solvency
12.8%
2024 · 83.7%
Current ratio
0.57
2024 · 6.03
Quick ratio
0.54
2024 · 6.03
Debt / equity
6.81
2024 · 0.20
ROE
32.8%
2024 · 5.6%
ROA
4.2%
2024 · 4.7%
Interest coverage
3.78
2024 · 19.00
Debt
€516k
2024 · €10k
Debt ≤ 1 year
€159k
2024 · €10k
Debt > 1 year
€350k
Income taxes
€143
2024 · €2k
Staff costs
€39k
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€61k€592k
Fixed assets21/28€917€502k
Intangible fixed assets21-€28k
Tangible fixed assets22/27€917€458k
Furniture and vehicles24€917€731
Other tangible fixed assets26-€457k
Financial fixed assets28-€16k
Current assets29/58€60k€91k
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€20k€63k
Trade receivables40€9k€63k
Other amounts receivable41€11k-
Cash at bank and in hand54/58€38k€21k
Deferred charges and accrued income490/1€2k€1k
Equity and liabilities
Total equity and liabilities10/49€61k€592k
Equity10/15€51k€76k
Contributions10/11€1€1=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€48k€73k
Amounts payable17/49€10k€516k
Amounts payable after more than one year17-€350k
Financial debts170/4-€350k
Amounts payable within one year42/48€10k€159k
Current portion of amounts payable after more than one year42-€80k
Financial debts43-€36k
Other loans439-€36k
Trade debts44€396€28k
Suppliers440/4€396€28k
Taxes, remuneration and social security45€10k€13k
Taxes450/3€10k€5k
Remuneration and social security454/9-€8k
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3-€8k
Income statement Code20242025
Remuneration, social security and pensions62€2k€39k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186€28k
Other operating charges640/8€1k€5k
Gross operating margin9900€9k€117k
Operating profit (loss)9901€5k€44k
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€291€19k
Recurring financial charges65€291€19k
Profit (loss) for the period before taxes9903€5k€25k
Income taxes67/77€2k€143
Profit (loss) for the period9904€3k€25k
Profit (loss) for the period to be appropriated9905€3k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€48k€73k
Profit (loss) brought forward from the previous period14P€45k€48k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial Highest result since 2019net €25k ▲775%
Operating result €44k, net result €25k, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Weakest financial yearnet €3k ▼76.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
20-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
21-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are 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, Ternat · 2 establishment units since 2019
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meersstraat 1351742 Ternat
Ground area
2,487 m²
Building footprint
1,230 m²
Volume, LiDAR
6,127 m³
2 parcels, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
R-KAN TECHNIC EXPRESS
Meersstraat 135, 1742 TernatSpecialised construction activities
since 20192.303.726.046
BELCHICKEN
Zuidlaan 99, 9230 WetterenFull-service restaurants
since 20252.375.301.653
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23071C0194/00C000 Flanders 1,476 m² 1 · 219 m² 6.0 m · 1 fl.
42303F0265/00C000 Flanders 1,011 m² 1 · 1,011 m² 6.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wetteren2.375.301.653
1 permission
Toelating · Eetgelegenheid · since 12-08-2025

Similar companies · same sector, comparable size

Of 3,705 companies in sector 33120 we hold annual accounts for 1,336. 1,091 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-03-2019
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
56112Limited-service restaurants, excluding mobile food services
33140Repair and maintenance of electrical equipment
33190Repair, maintenance and installation of machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.