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RAP EN REIN

Active
Private limited companyfounded 1983active for 42 yearsKortrijkstraat 54, 8580 Avelgem, BelgiumKBO/BCE: BE 0425.004.015

From the official registers: KBO 42 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RAP EN REIN has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,377 and a net result of €573,190. Equity is growing by about 6.5% per year across the filed financial years. Its solvency ranks better than 28% of 1,368 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
RAP EN REINActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 23-12-1983 Normal situation
Legal form
Private limited company
Registered office
Kortrijkstraat 54, 8580 Avelgem
Activity
Launderettes and laundries for private customers NACE 96102and 3 others
Establishment unit
2.023.814.235 8580 Avelgem, since 16-01-1984
Financial year end
31 December
Peppol
Reachable since 03-03-2023
Company details

Who decides

Board
  • LOFDDirector · since 30-01-2015 · permanent representative Fleur Crommelynck
Shareholders
Board & ownership

How it is doing

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€838,424
▼ 5.8%
Turnover
≈ €960,000
estimated
Profit
€573,190
▼ 7.6%
Equity
€140,377
▲ 10.4%
Total assets
€2.2m
▲ 20.5%
Staff
5.3 FTE
▼ 25.4%
2025 accounts filed 28 days late
Filed on 28-08-2026at the National Bank
Financials
Why 90raises riskEquity €140,377 (6.4% of total assets)lowers riskLiquidity: current ratio 0.89, cash €1.5mFounded in 1983Profit of €573,190 (financial year 2025)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 96, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 31-1
equity 6.4% of total assets
Liquidity 50=
short-term debt 93.6% · cash 68.3%
Profitability 100=
return on assets 26.0%
Bankruptcy probability, 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 0.7% (7,624 companies, NACE 96, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.2 percentage points 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: 0.2%▼ -0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.89, compared with 0.92 in 2024, below 1; short-term debt: 93.6% and cash: 68.3% of total assets), and 93.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 34% on solvency, 47% on liquidity, 93% on profitability and 58% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Equity €140,377 (6.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.89, cash €1.5m
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €573,190 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 days late
2024
29 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
30 days late
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Among the best 5% on net resultsector median €5,264 · 1,364 companies €573,190 View
  • Positive: 8 profitable years in a rowprofit 2025: €573,190 8 years View
  • Flemish supportawarded from 2022 to 2025 €412,769 View

Documents

Annual accounts at the NBB

All 42 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about RAP EN REIN

What is the company number of RAP EN REIN?
0425.004.015. In Belgium the VAT number is the company number with BE in front: BE 0425.004.015.
Where is RAP EN REIN based?
The registered office is at Kortrijkstraat 54, 8580 Avelgem.Company details
What does RAP EN REIN do?
According to the KBO register, the main activity is launderettes and laundries for private customers (NACE 96102).
What is the legal form of RAP EN REIN?
Private limited company (BV).
When was RAP EN REIN founded?
On 23-12-1983.
Is RAP EN REIN still active?
Yes, RAP EN REIN is an active enterprise in the KBO register.
How many employees does RAP EN REIN have?
On average 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RAP EN REIN?
≈ €960,000 in financial year 2025. Estimated from the gross margin of €838,424: probably between €880,000 and €1.6m, based on 30 comparable companies, NACE 96.
Is RAP EN REIN profitable?
In financial year 2025, RAP EN REIN made a profit of €573,190.
Where can I find the annual accounts of RAP EN REIN?
RAP EN REIN filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of RAP EN REIN due?
By 31-07-2027, for financial year 2026.Timeline

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