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CLEAN RAPID

Active
Private limited companyfounded 201214 yrs activeRekestraat 8A, 8940 Wervik, BelgiumKBO/BCE: BE 0846.311.043

CLEAN RAPID has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244k and a net result of €59k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 4410 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
96 / 100
Excellent▲ +59 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency94▲+36
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.66 in 2024), and 47.1% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
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
52.9%
Return on assets
12.8%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 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 · 10 filings
Deviation from the deadline
2025
14 d late
2024
75 d late
2023
5 d early
2022
10 d late
2021
3 d late
2020
22 d early
2019
35 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close13-09-2026 today31-10-2026 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
€244k▲ 31.9%
2024 · €185k
2019: €99k 2020: €127k 2021: €184k 2022: €249k 2023: €252k 2024: €185k
2019 → 2025
Total assets
€461k▼ 30.2%
2024 · €662k
2019: €160k 2020: €240k 2021: €530k 2022: €700k 2023: €629k 2024: €662k
2019 → 2025
Net result
€59k
2024 · €-26k
2019: €-6k 2020: €28k 2021: €57k 2022: €66k 2023: €42k 2024: €-26k
2019 → 2025
Working capital
€191k▲ 15.6%
2024 · €165k
2019: €83k 2020: €102k 2021: €-32k 2022: €115k 2023: €114k 2024: €165k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€184k-€249k▲ 35.8%€252k▲ 0.9%€185k▼ 26.4%€244k▲ 31.9%
Operating result€95k-€85k▼ 10.0%€34k▼ 59.7%€-9k€78k
Net result€57k-€66k▲ 15.4%€42k▼ 35.6%€-26k€59k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €95k€95kNet result 2021: €57k€57kOperating result 2022: €85k€85kNet result 2022: €66k€66kOperating result 2023: €34k€34kNet result 2023: €42k€42kOperating result 2024: €-9k€-9kNet result 2024: €-26k€-26kOperating result 2025: €78k€78kNet result 2025: €59k€59k20212022202320242025
The operating result returns to profit in 2025: €78k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461k
Fixed assets €54k▼ 77.9%
Current assets €407k▼ 2.0%
Equity and liabilities €461k
Equity €244k▲ 31.9%
Debt €217k▼ 54.4%
The debt ratio falls from 72.0% to 47.1%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€102k
2024 · €22k
Cash flow
€84k
2024 · €5k
Solvency
52.9%
2024 · 28.0%
Current ratio
1.89
2024 · 1.66
Quick ratio
0.81
2024 · 0.93
Debt / equity
0.89
2024 · 2.57
ROE
24.2%
2024 · -14.3%
ROA
12.8%
2024 · -4.0%
Interest coverage
11.15
2024 · 1.30
Debt
€217k
2024 · €477k
Debt ≤ 1 year
€216k
2024 · €250k
Debt > 1 year
€2k
2024 · €226k
Income taxes
€16k
Staff costs
€137k
2024 · €177k
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€662k€461k
Fixed assets21/28€246k€54k
Tangible fixed assets22/27€246k€54k
Land and buildings22€197k-
Plant, machinery and equipment23€31k€20k
Furniture and vehicles24€11k€30k
Leasing and similar rights25€6k€4k
Financial fixed assets28€230€230=
Current assets29/58€416k€407k
Amounts receivable after more than one year29€45k€48k
Trade receivables290€45k€48k
Stocks and contracts in progress3€183k€233k
Stocks30/36€183k€233k
Amounts receivable within one year40/41€183k€113k
Trade receivables40€115k€30k
Other amounts receivable41€67k€83k
Cash at bank and in hand54/58€422€11k
Deferred charges and accrued income490/1€4k€2k
Equity and liabilities
Total equity and liabilities10/49€662k€461k
Equity10/15€185k€244k
Contributions10/11€12k€12k=
Reserves13€199k€232k
Distributable reserves133€199k€232k
Profit (loss) carried forward14€-26k-
Amounts payable17/49€477k€217k
Amounts payable after more than one year17€226k€2k
Financial debts170/4€226k€2k
Amounts payable within one year42/48€250k€216k
Current portion of amounts payable after more than one year42€8k€6k
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€141k€71k
Suppliers440/4€141k€71k
Taxes, remuneration and social security45€13k€50k
Taxes450/3€3k€37k
Remuneration and social security454/9€10k€13k
Other amounts payable47/48€88k€87k
Income statement Code20242025
Non-recurring operating income76A-€72k
Remuneration, social security and pensions62€177k€137k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€25k
Other operating charges640/8€6k€3k
Gross operating margin9900€205k€243k
Operating profit (loss)9901€-9k€78k
Financial income75/76B€105€6k
Recurring financial income75€105€6k
Financial charges65/66B€17k€9k
Recurring financial charges65€17k€9k
Profit (loss) for the period before taxes9903€-26k€75k
Income taxes67/77-€16k
Profit (loss) for the period9904€-26k€59k
Profit (loss) for the period to be appropriated9905€-26k€59k
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€33k
Profit (loss) brought forward from the previous period14P-€-26k
Transfer from equity791/2€40k-
Transfer to equity691/2-€33k
To other reserves6921-€33k
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
14-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
31-03
Financial Back to profitnet €59k
Net result €59k after one loss-making year.
31-03
Financial Equity above €200kEq €244k ▲31.9%
Equity rises from €185k to €244k.
14-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
2024
31-03
Financial Weakest financial yearnet €-26k ▼162%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
2023
26-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
10-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
31-03
Financial Highest result since 2019net €66k ▲15.4%
Net result €66k, the highest in the series.
31-03
Financial Equity above €200kEq €249k ▲35.8%
3 profitable years in a row build equity to €249k.
2021
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
31-03
Financial Equity above €150kEq €184k ▲45%
2 profitable years in a row build equity to €184k.
2020
09-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Back to profitnet €28k
Net result €28k after one loss-making year.
31-03
Financial Equity above €100kEq €127k ▲28.4%
Equity rises from €99k to €127k.
2019
26-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
01-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
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
no sitting director, no change since 2022
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.
18-07-2022 Mustapha El Rhazouani: Resigned as Director
29-12-2020 Kiro Dimov: Resigned as Director
29-12-2020 Mustapha El Razhouani: Resigned as Director
29-12-2020 Rachid Lghazouani: Resigned as Director
Location & real-estate footprint
Registered office, Wervik · 1 establishment unit since 2012
establishment approximate The establishment unit 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.

Rekestraat 8A8940 Wervik
Ground area
303 m²
Building footprint
272 m²
Volume, LiDAR
1,724 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Clean Rapid
Rekestraat 8/A, 8940 WervikManufacture of other non-metallic mineral products
since 20122.210.564.672
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33029C0666/00W006 Flanders 191 m² 1 · 189 m² 7.0 m · 2 fl.
33029C0646/00R008indicative Flanders 112 m² 1 · 83 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 182 EUR awarded · 182 EUR paid
Year Entries awardedpaid
2023 1 0 EUR182 EUR
2022 1 182 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 182 EUR · 182 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 7,263 companies in sector 81210 we hold annual accounts for 2,688. 1,806 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-06-2012
Fiscal year end31-03
Activities, NACEBEL
43390Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
25110Manufacture of metal structures and parts of structures
43120Site preparation
43230Insulation installation
43291Specialised construction activities
46442Wholesale trade
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.