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Michel RASQUINET

Active
Private limited companyfounded 1991active for 35 yearsSterrewachtlaan 2, 1180 Ukkel, BelgiumKBO/BCE: BE 0445.216.637
Summary

Michel RASQUINET has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,871 and a net result of €5,736. Equity has been shrinking by about 5.7% per year since 2018. Its solvency ranks better than 87% of 5,686 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-09-1991 Normal situation
Activity
Other building cleaning and industrial cleaning NACE 81220
Establishment unit
2.054.494.939 1180 Ukkel, since 09-10-1991
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€12,915
▲ 46.7%
Turnover
≈ €110,000
estimated
Profit
€5,736
▲ 192%
Equity
€13,871
▲ 70.5%
Total assets
€17,732
▼ 3.6%
  • 2025 accounts filed 19 days after the deadline
Score breakdownraises riskSector: Services to buildings and landscape activities (NACE 81)Size: total assets €17,732lowers riskLiquidity: current ratio 3.10, cash €5,736Founded in 1991Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 89% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Strong
Solvency 100+31
equity 78.2% of total assets
Liquidity 83+41
short-term debt 21.8% · cash 32.3%
Profitability 100+18
return on assets 32.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,709 companies, NACE 81, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.5 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.2%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.1 (0.95 in 2024), above the usual 1.5. Short-term debt is 21.8% and cash 32.3% of total assets. 21.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 92% of them on solvency, 85% on liquidity, 92% on profitability and 86% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
raises risk · Size: total assets €17,732
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.10, cash €5,736
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
19 days late
2024
16 days early
2023
22 days late
2022
19 days late
2021
29 days late
2020
26 days early
2019
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 86% of companies in building services and landscapingsector median 40.5% · 5,686 companies 78.2% View

Recent changes

  1. · Gazette deed Change of role: RASQUINET Michel Jacques Jean, from manager to administrateur non statutaire
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Michel RASQUINET: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €13,000 and €25,900, founded between 1994 and 2007.

CompanyTotal assetsGross margin
Michel RASQUINET Ukkel€17,732€12,915
MULTI SERVICES IMMOBILIERS Sint-Lambrechts-Woluwe€13,022€9,327
TIME GOLD Sint-Jans-Molenbeek€14,607€21,065
NET-O-FLASH Villers-la-Ville€25,880€7,213
SOCIETE DE FINANCES, DE GESTION ET DES PLACEMENTS IMMOBILIERS Ukkel€21,515€9,040
RENOVA MH Schaarbeek€19,644€7,793
Ets WIELEMANS and C° Jette€22,239€5,346
Full comparison

Key facts about Michel RASQUINET

What is the company number of Michel RASQUINET?
The company number of Michel RASQUINET is 0445.216.637. The VAT number is the same number with BE in front: BE 0445.216.637.
Where is Michel RASQUINET based?
The registered office is at Sterrewachtlaan 2, 1180 Ukkel.Company details
What does Michel RASQUINET do?
According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
What is the legal form of Michel RASQUINET?
The legal form of Michel RASQUINET is Private limited company (BV).
When was Michel RASQUINET founded?
Michel RASQUINET was founded on 23-09-1991.
Is Michel RASQUINET still active?
Yes, Michel RASQUINET is an active enterprise in the KBO register.
What is the turnover of Michel RASQUINET?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €12,915 and 41 comparable companies (NACE 81220). It probably lies between €66,000 and €290,000. It is a rough estimate.Financials
Is Michel RASQUINET profitable?
In financial year 2025, Michel RASQUINET made a profit of €5,736.
Where can I find the annual accounts of Michel RASQUINET?
Michel RASQUINET filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Michel RASQUINET due?
Michel RASQUINET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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