Checked.be
Active
BE 0413.599.486Public limited companyOpen bankruptcy
Immobilière Rassel
· 52 yrs active
Sector: General construction of residential buildings
(41001)
Conclusion
A bankruptcy procedure is open for Immobilière Rassel according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €95k and a net result of €32k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €95k |
| Net result | €32k |
| Better than sector | 78% |
| Active | 52 yrs |
Financial profile
60
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
23
Profitability
100
Solvency
100
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
23
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-09-2021 with the NBB · fiscal year 2020 · full schema
Sector comparison
Fiscal year 2020 · NACE 41, Construction of residential and non-residential buildings · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 53.9% | 29.0% | |
| Net result | €26k | €8k | |
| Equity | €95k | €149k | |
| Gross operating margin | €44k | €78k | |
| Total assets | €177k | €881k |
€32k
+355.2%
18-20
€177k
-11.5%
18-20
€95k
+37.1%
18-20
€95k
+37.1%
18-20
€82k
-37.4%
18-20
€82k
-37.4%
18-20
2.17
+41.4%
18-20
2.17
+41.4%
18-20
53.9%
+54.9%
18-20
33.5%
+232.0%
18-20
18.0%
+414.2%
18-20
Figures by fiscal year and ratios
| Fiscal year | 2020 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | - |
| Net profit | €32k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €177k |
| Equity | €95k |
| Debt | €82k |
| of which ≤ 1y | €82k |
| of which > 1y | - |
| Working capital | €95k |
| Employees (FTE) | - |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 2.17 |
| Quick ratio | 2.17 |
| Working capital ratio | 53.9% |
| Solvency | 53.9% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 18.0% |
| ROE | 33.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Balance-sheet composition 2020
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €177k |
| Current assets | 29/58 | €177k |
| Amounts receivable within one year | 40/41 | €174k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €177k |
| Equity | 10/15 | €95k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €32k |
| Amounts payable | 17/49 | €82k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €44k |
| Operating result | 9901 | €28k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €26k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | DELPHINE DUQUESNOY CHAUSSEE DE
LOUVAIN 523, 1380 LASNE |
06-03-2023 → present |
| Curator | CLEMENTINE MALSCHALCK OFF.PARK GREEN,
RUE DU PANIER VERT 70, 1400 NIVELLES- |
31-01-2022 → present |
Legal Structure
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Public limited company(014) |
| Incorporation | 27-09-1973 |
| Status | Active |
| Postal code | - |
| First insolvency signal | 07-02-2022 |
| Latest insolvency signal | 10-03-2023 |
Establishment units
IMMOBILIERE RASSEL
since 19732.008.987.784
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25019B0229/00F022 | Wallonia | 1,529 m² | 1 · 198 m² | 12.2 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2023
10-03-2023 Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · IMMOBILIERE RASSEL SA RUE DU CHATEAU 53, 1480 TUBIZE · event 06-03-2023
2022
21-03-2022 Bankruptcy Bankruptcy reversal
Tribunal de l’entreprise du Brabant wallon · IMMOBILIERE RASSEL SA RUE DU CHATEAU 53, 1480 TUBIZE. déclarée le 31 janvier 2022 · event 14-03-2022
07-02-2022 Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · IMMOBILIERE RASSEL SA RUE DU CHATEAU 53, 1480 TUBIZE · event 31-01-2022
2021
30-09-2021 NBB filing Annual accounts filed
fiscal year 2020 · full schema
19-04-2021 NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
16-10-2019 NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-08-2018 NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06-2017 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08-2016 NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-08-2015 NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08-2014 NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
09-08-2013 NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
25-08-2012 NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
Lifecycle & Insolvency Signals
10-03-2023
Bankruptcy
Opening
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 31-01-2022 to 06-03-2023.
Available in Kantoor S.
See plans →
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
No credit: a bankruptcy procedure is open.
Company registry (CBE)
Activities
General construction of residential buildings41001
Names & trade names
| Legal nameFR | Immobilière Rassel |
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