RAIL PARK INDUSTRIES
ActiveSummary
RAIL PARK INDUSTRIES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €577k and a net result of €31k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 725 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-7
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 31.26 against 26.86 in 2023; short-term debt: 0.3% and cash: 10.7% of total assets), and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.7%
Return on assets
5.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
71 d early
2022
68 d early
2021
19 d early
2020
50 d early
2019
67 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€36k▲ 128%
2021 · €16k
2018: €8k
2019: €11k
2020: €8k
2021: €16k
2018 → 2022
EBIT margin
76.4%▲ 12.1pp
2021 · 64.3%
2018: -83.2%
2019: 28.2%
2020: 30.0%
2021: 64.3%
2018 → 2022
Net result
€31k▼ 46.3%
2023 · €57k
2018: €-8k
2019: €2k
2020: €1,000
2021: €9k
2022: €26k
2023: €57k
2018 → 2024
Working capital
€60k▲ 107%
2023 · €29k
2018: €-65k
2019: €-70k
2020: €-67k
2021: €-57k
2022: €-29k
2023: €29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8k-€16k▲ 88.2%€36k▲ 128%
Equity€454k-€463k▲ 2.0%€489k▲ 5.7%€546k▲ 11.7%€577k▲ 5.6%
Operating result€3k-€10k▲ 303%€28k▲ 171%€58k▲ 111%€31k▼ 46.7%
Net result€1,000-€9k▲ 797%€26k▲ 194%€57k▲ 116%€31k▼ 46.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €579k
Fixed assets
€517k ▼ 0.1%
Current assets
€62k ▲ 106%
Equity and liabilities €579k
Equity
€577k ▲ 5.6%
Debt
€2k ▲ 77.3%
Debt's share of the balance-sheet total rises from 0.2% to 0.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k▼
2023 · €60k
Cash flow
€31k▼
2023 · €58k
Current ratio
31.26▲
2023 · 26.86
Debt to equity
0.00▲
2023 · 0.00
ROE
5.3%▼
2023 · 10.5%
ROA
5.3%▼
2023 · 10.4%
Interest coverage
75.20▲
2023 · 48.24
Debt ≤ 1 year
€2k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€548k€579k▲
Formation expenses20€0€0=
Fixed assets21/28€517k€517k▼
Intangible fixed assets21€506€0▼
Tangible fixed assets22/27€517k€517k=
Land and buildings22€517k€517k=
Current assets29/58€30k€62k▲
Amounts receivable within one year40/41€6k€0▼
Trade receivables40€6k€0▼
Current investments50/53€0€0=
Cash at bank and in hand54/58€24k€62k▲
Deferred charges and accrued income490/1€121-
Equity and liabilities
Total equity and liabilities10/49€548k€579k▲
Equity10/15€546k€577k▲
Contributions10/11€649k€649k=
Capital10€649k€649k=
Issued capital100€649k€649k=
Profit (loss) carried forward14€-102k€-71k▲
Amounts payable17/49€1k€2k▲
Amounts payable within one year42/48€1k€2k▲
Trade debts44-€748
Suppliers440/4-€748
Other amounts payable47/48€1k€1k▲
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€506▼
Other operating charges640/8€384€511▲
Gross operating margin9900€60k€32k▼
Operating profit (loss)9901€58k€31k▼
Financial income75/76B€47-
Recurring financial income75€47-
Non-recurring financial income76B€47-
Financial charges65/66B€1k€420▼
Recurring financial charges65€1k€420▼
Profit (loss) for the period before taxes9903€57k€31k▼
Profit (loss) for the period9904€57k€31k▼
Profit (loss) for the period to be appropriated9905€57k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-102k€-71k▲
Profit (loss) brought forward from the previous period14P€-159k€-102k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-09
State Gazette act
Permanent representative: Raphaël GRIMONTReappointment: BDO (statutory auditor) · Resignations: Fabrice Coulon, Pierre PORTIER and David Zucaro · Mandate term11 facts ▸
State Gazette act
Permanent representative: Raphaël GRIMONT
Reappointment: BDO (statutory auditor) · Resignations: Fabrice Coulon, Pierre PORTIER and David Zucaro · Mandate term11 facts ▸
- General meeting, 15-05-2026
- Permanent representative, Raphaël GRIMONT
- Auditor reappointment, BDO
- Director resignation, Fabrice Coulon (managing director)
- Director resignation, Pierre PORTIER (director and managing director)
- Director resignation, David Zucaro (director)
- Board composition, GPimmo S.A. (managing director)
- Board composition, FINAWIRS S.A. (managing director)
- Board composition, ZUCARLUX S.R.L. (director)
- Board composition, Fabrice Coulon (director)
- Mandate term, AGO 2029
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €57k ▲116%
Operating result €58k, net result €57k, both a record.
31-12
Financial
Liquidity times 72current ratio 26.86
Current ratio from 0.37 to 26.86; short-term debt falls from €47k to €1k.
31-12
Financial
Equity above €500kEq €546k ▲11.7%
5 profitable years in a row build equity to €546k.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-05-2023
David Zucaro: Resigned as Director
11-05-2023
Pierre PORTIER: Resigned as Director and managing director
30-09-2011
Fabrice Coulon: Resigned as Managing director
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2007
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.
Sart d'Avette 1104400 FlémalleGround area
4.1 ha
Building footprint
555 m²
Volume, LiDAR
3,080 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RAIL PARK INDUSTRIES
since 20072.165.582.309
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81011D0811/02H000 | Wallonia | 3.9 ha | 1 · 158 m² | 4.5 m · 1 fl. |
| 62007A0161/00G000 | Wallonia | 1,543 m² | 1 · 397 m² | 8.7 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.
Statutory auditor
1 auditor| BDOCurrent Auditor | 15-05-2026 → present |
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Of 1,030 companies in sector 52100 we hold annual accounts for 765. 540 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-10-2007
Fiscal year end31-12
Abbreviation FR
R.P.I.
Activities, NACEBEL 2025
52100Warehousing and storage
52249Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.