RAC 6
The computed 12-month bankruptcy probability of RAC 6 is 2.5% (moderate). The 2025 annual accounts show equity of €4.52M and a net result of €83k. Equity remains stable across the filed fiscal years (±2.4% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.52M |
| Net result | €83k |
| Active | 6 yrs |
| Locations | 1 |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | €0 | €7k | €1.61M | - |
| EBITDA | - | - | - | - | - |
| Net profit | €83k | €112k | €166k | €5.06M | €45k |
| Cash flow | - | - | - | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | €31k | €40k | €60k | €1.33M | - |
| Dividends | - | - | - | €6.00M | - |
| Total assets | €4.76M | €4.71M | €5.96M | €12.23M | €19.63M |
| Equity | €4.52M | €4.44M | €4.33M | €4.16M | €5.10M |
| Debt | €239k | €274k | €1.63M | €8.07M | €14.54M |
| of which ≤ 1y | €239k | €274k | €1.63M | €8.07M | €14.53M |
| of which > 1y | - | - | - | - | - |
| Working capital | €4.52M | €4.44M | €4.33M | €4.16M | €5.10M |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 19.91 | 17.18 | 3.65 | 1.52 | 1.35 |
| Quick ratio | 19.91 | 17.18 | 3.65 | 1.52 | 0.41 |
| Working capital ratio | 95.0% | 94.2% | 72.6% | 34.0% | 26.0% |
| Solvency | 95.0% | 94.2% | 72.6% | 34.0% | 26.0% |
| Debt / equity | 0.05 | 0.06 | 0.38 | 1.94 | 2.85 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | - | - | -19.7% | -53.2% | - |
| Net margin | - | - | 2265.8% | 313.6% | - |
| ROA | 1.8% | 2.4% | 2.8% | 41.4% | 0.2% |
| ROE | 1.8% | 2.5% | 3.8% | 121.7% | 0.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | 211742d | 2261d | - |
| Days payable outstanding | - | - | 10191d | 109d | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.76M | €4.71M | €5.96M | €12.23M | €19.63M |
| Fixed assets | 21/28 | €1 | €1 | €1 | €1 | - |
| Tangible fixed assets | 22/27 | €1 | €1 | €1 | €1 | - |
| Current assets | 29/58 | €4.76M | €4.71M | €5.96M | €12.23M | €19.63M |
| Stocks & contracts in progress | 3 | €0 | €0 | - | - | €13.71M |
| Amounts receivable within one year | 40/41 | €4.55M | €4.40M | €4.25M | €10.00M | €5.32M |
| Investments | 50/53 | €0 | €240k | €1.50M | - | - |
| Cash & bank | 54/58 | €210k | €75k | €206k | €2.22M | €600k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.76M | €4.71M | €5.96M | €12.23M | €19.63M |
| Equity | 10/15 | €4.52M | €4.44M | €4.33M | €4.16M | €5.10M |
| Contributions / capital | 10/11 | €3.54M | €3.54M | €3.54M | €3.54M | €3.54M |
| Reserves | 13 | €380k | €380k | €380k | €380k | €127k |
| Accumulated profits (losses) | 14 | €599k | €516k | €404k | €238k | €1.43M |
| Amounts payable | 17/49 | €239k | €274k | €1.63M | €8.07M | €14.54M |
| Amounts payable within one year | 42/48 | €239k | €274k | €1.63M | €8.07M | €14.53M |
| Trade debts payable within one year | 44 | €172k | €181k | €245k | €739k | €1.69M |
| Income statement | ||||||
| Turnover | 70 | - | €0 | €7k | €1.61M | - |
| Operating result | 9901 | €-43k | €-6k | €-25k | €1.46M | €-49k |
| Financial income | 75 | €158k | €159k | €257k | €5.02M | €201k |
| Financial charges | 65 | €331 | €301 | €6k | €93k | €107k |
| Result before taxes | 9903 | €114k | €152k | €226k | €6.39M | €45k |
| Income taxes | 67/77 | €31k | €40k | €60k | €1.33M | - |
| Net result for the period | 9904 | €83k | €112k | €166k | €5.06M | €45k |
| Result to be appropriated | 9905 | €83k | €112k | €166k | €5.06M | €45k |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 25-11-2019 |
| Status | Active |
| Postal code | 1160 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0289/00R003 | Brussels | 2,655 m² | 1 · 1,218 m² | 25.9 m · 7 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
01-07-2024 PricewaterhouseCoopers Bedrijfsrevisoren BV appointed as statutory auditor
- PricewaterhouseCoopers Bedrijfsrevisoren BV, Commissaris
Technical details
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}23-04-2024 1 director appointed, 1 reappointed
- Rachid El-Bakkal, Dagelijks bestuur
- Damien Walgrave, Commissaris
Technical details
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}14-12-2022 Share split
Technical details
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"uitgifte van het proces-verbaal",
"het verslag van het bestuursorgaan opgesteld in toepassing van artikel 7:155 van het WVV",
"de geco\u00F6rdineerde tekst van statuten"
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}| Legal nameNL | RAC 6 |