S.RA
S.RA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €8k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 875 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
| Equity | €20k |
| Net result | €8k |
| Staff (FTE) | 1.4 |
| Better than sector | 44% |
Exceptional profile, strong across almost every axis.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.3% | 35.1% | |
| Net result | €8k | €10k | |
| Equity | €20k | €40k | |
| Gross operating margin | €78k | €32k | |
| Staff costs | €64k | €33k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €14k | €-13k | €12k | €3k |
| Net profit | €8k | €-17k | €8k | €2k |
| Cash flow | €11k | €-14k | €10k | €3k |
| Staff costs | €64k | €38k | - | - |
| Income taxes | €2k | - | €2k | - |
| Dividends | - | - | - | - |
| Total assets | €77k | €52k | €46k | €27k |
| Equity | €20k | €12k | €29k | €20k |
| Debt | €56k | €40k | €17k | €6k |
| of which ≤ 1y | €56k | €40k | €17k | €6k |
| of which > 1y | - | - | - | - |
| Working capital | €13k | €2k | €22k | €14k |
| Employees (FTE) | 1.4 | 1.3 | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.24 | 1.06 | 2.24 | 3.18 |
| Quick ratio | 0.24 | 0.57 | 1.56 | 1.66 |
| Working capital ratio | 17.4% | 4.4% | 46.9% | 51.1% |
| Solvency | 26.3% | 23.4% | 62.2% | 76.5% |
| Debt / equity | 2.80 | 3.27 | 0.61 | 0.31 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 25.34 | -12.11 | 11.08 | 18.55 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 10.4% | -31.7% | 18.0% | 6.6% |
| ROE | 39.5% | -135.6% | 28.9% | 8.6% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €77k | €52k | €46k | €27k |
| Fixed assets | 21/28 | €7k | €10k | €7k | €7k |
| Tangible fixed assets | 22/27 | €4k | €7k | €4k | €4k |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €70k | €42k | €39k | €20k |
| Stocks & contracts in progress | 3 | €56k | €19k | €12k | €9k |
| Amounts receivable within one year | 40/41 | €12k | €19k | €23k | €1k |
| Cash & bank | 54/58 | €260 | €1k | €2k | €8k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €77k | €52k | €46k | €27k |
| Equity | 10/15 | €20k | €12k | €29k | €20k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €2k | €-6k | €10k | €2k |
| Amounts payable | 17/49 | €56k | €40k | €17k | €6k |
| Amounts payable within one year | 42/48 | €56k | €40k | €17k | €6k |
| Trade debts payable within one year | 44 | €55k | €5k | €13k | €5k |
| Income statement | |||||
| Gross operating margin | 9900 | €78k | €26k | €13k | €4k |
| Operating result | 9901 | €11k | €-15k | €11k | €2k |
| Financial income | 75 | - | - | €0 | - |
| Financial charges | 65 | €540 | €1k | €1k | €159 |
| Result before taxes | 9903 | €10k | €-17k | €10k | €2k |
| Income taxes | 67/77 | €2k | - | €2k | - |
| Net result for the period | 9904 | €8k | €-17k | €8k | €2k |
| Result to be appropriated | 9905 | €8k | €-17k | €8k | €2k |
Former directors (1)
-
RAHMAT MuzamelManagerState Gazette act 23052207 (18-04-2023)Former- → 31-03-2023
| NACE primary | Wholesale of other food products(46389) |
| Legal form | Private limited company(610) |
| Incorporation | 12-05-2014 |
| Status | Active |
| Postal code | 1080 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0132/00V006 | Brussels | 140 m² | 1 · 108 m² | 20.9 m · 6 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-04-2023 RAHMAT Muzamel resigns as manager
- RAHMAT Muzamel, Zaakvoerder
Technical details
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"events": [
{
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"role": "gerant",
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"name": "RAHMAT Muzamel",
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},
"reason": "de_plein_droit_dissolution",
"subkind": null,
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"statutory": "statutair",
"compensated": null,
"effective_date": "2023-03-31",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 09/03/2023 accepte la d\u00E9mission en tant que g\u00E9rant de Monsieur RAHMAT Muzamel et ce avec effet au 31/03/2023.",
"decharge_status": null,
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"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
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"firm_name": null,
"office_city": "Bluxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
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"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "assemblee_generale_extraordinaire",
"date": "2023-03-09",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0552.601.179",
"name_full": "S.RA SPRL",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "RAHMAT Sheraka",
"org_rep_person_name": null,
"person_role_at_subject": "Le g\u00E9rant"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | S.RA |