RAS
ActiveRAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.62M and a net result of €51k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-6
Solvency98=
Growth53=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 2.26 in 2024), and 41.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.2%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
128 d early
2024
58 d early
2023
110 d early
2022
80 d early
2021
110 d early
2020
107 d early
2019
8 d early
← 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€15.99M▲ 5.9%
2022 · €15.10M
2022: €15.10M
2022 → 2023
EBIT margin
-0.6%▲ 1.3pp
2022 · -1.9%
2022: -1.9%
2022 → 2023
Net result
€51k▼ 38.6%
2024 · €82k
2018: €170k
2019: €24k
2021: €70k
2022: €-294k
2023: €-160k
2024: €82k
2018 → 2025
Working capital
€2.41M▲ 3.6%
2024 · €2.33M
2018: €1.20M
2019: €1.04M
2021: €2.59M
2022: €2.36M
2023: €2.35M
2024: €2.33M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€15.10M€15.99M▲ 5.9%
Equity€2.94M-€2.65M▼ 10.0%€2.49M▼ 6.0%€2.57M▲ 3.3%€2.62M▲ 2.0%
Operating result€154k-€-286k€-95k▲ 66.9%€105k€90k▼ 14.7%
Net result€70k-€-294k€-160k▲ 45.6%€82k€51k▼ 38.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.50M
Fixed assets
€230k▼ 13.2%
Current assets
€4.27M▲ 2.4%
Equity and liabilities €4.50M
Equity
€2.62M▲ 2.0%
Provisions
€18k▼ 9.7%
Debt
€1.86M▲ 0.8%
The debt ratio falls from 41.6% to 41.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€148k▼
2024 · €165k
Cash flow
€109k▼
2024 · €142k
Solvency
58.2%▲
2024 · 57.9%
Current ratio
2.29▲
2024 · 2.26
Quick ratio
1.15▲
2024 · 1.08
Debt / equity
0.71▼
2024 · 0.72
ROE
1.9%▼
2024 · 3.2%
ROA
1.1%▼
2024 · 1.9%
Interest coverage
13.03▲
2024 · 8.22
Debt
€1.86M▲
2024 · €1.85M
Debt ≤ 1 year
€1.86M▲
2024 · €1.85M
Income taxes
€51k▲
2024 · €9k
Staff costs
€2.60M▲
2024 · €2.56M
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€4.44M€4.50M▲
Fixed assets21/28€266k€230k▼
Intangible fixed assets21€152k€117k▼
Tangible fixed assets22/27€50k€50k▼
Plant, machinery and equipment23€942€0▼
Furniture and vehicles24€49k€45k▼
Other tangible fixed assets26€0€5k▲
Financial fixed assets28€64k€64k▲
Current assets29/58€4.18M€4.27M▲
Stocks and contracts in progress3€2.18M€2.12M▼
Stocks30/36€2.18M€2.12M▼
Amounts receivable within one year40/41€1.58M€1.37M▼
Trade receivables40€1.50M€1.34M▼
Other amounts receivable41€81k€30k▼
Cash at bank and in hand54/58€282k€721k▲
Deferred charges and accrued income490/1€132k€63k▼
Equity and liabilities
Total equity and liabilities10/49€4.44M€4.50M▲
Equity10/15€2.57M€2.62M▲
Contributions10/11€216k€216k=
Reserves13€1.17M€1.17M=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€1.17M€1.17M=
Profit (loss) carried forward14€1.18M€1.23M▲
Provisions and deferred taxes16€20k€18k▼
Provisions for liabilities and charges160/5€20k€18k▼
Environmental obligations163€20k€18k▼
Other liabilities and charges164/5€0-
Amounts payable17/49€1.85M€1.86M▲
Amounts payable within one year42/48€1.85M€1.86M▲
Trade debts44€1.46M€1.49M▲
Suppliers440/4€1.46M€1.49M▲
Taxes, remuneration and social security45€384k€371k▼
Taxes450/3€123k€94k▼
Remuneration and social security454/9€261k€277k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2.56M€2.60M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€58k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€66k€-29k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-2k€-2k▲
Other operating charges640/8€46k€40k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€2.84M€2.76M▼
Operating profit (loss)9901€105k€90k▼
Financial income75/76B€6k€23k▲
Recurring financial income75€6k€23k▲
Financial charges65/66B€20k€11k▼
Recurring financial charges65€20k€11k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€92k€102k▲
Income taxes67/77€9k€51k▲
Profit (loss) for the period9904€82k€51k▼
Profit (loss) for the period to be appropriated9905€82k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.18M€1.23M▲
Profit (loss) brought forward from the previous period14P€1.10M€1.18M▲
Social balance
Average headcount (FTE)908730.130.8▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-294k ▼520%
Net result drops to €-294k, the lowest in the series; recovery starts the following year.
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.94M ▲101%
3 profitable years in a row build equity to €2.94M.
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Kortrijk · 2 establishment units since 2010
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.
Brugsesteenweg(Kor) 2578500 KortrijkGround area
8,570 m²
Building footprint
1,107 m²
Volume, LiDAR
7,118 m³
2 parcels, Flanders, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
RAS
since 20102.187.518.660
RAS
since 20202.315.265.185
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352B0961/04A000 | Flanders | 6,675 m² | 1 · 621 m² | 8.1 m · 2 fl. |
| 52028B0174/00M000 | Wallonia | 1,895 m² | 1 · 486 m² | 9.0 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.
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Of 2,119 companies in sector 46500 we hold annual accounts for 1,399. 625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2010
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46520Wholesale trade
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.
Contact details
2 entriesE-mail:isabelle.hoflack@rassecurity.com
Phone:071 85 13 13