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RAP EN REIN

Active
Private limited companyfounded 1983active for 42 yearsKortrijkstraat 54, 8580 Avelgem, BelgiumKBO/BCE: BE 0425.004.015
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 has been growing by about 6.5% per year since 2018. Its solvency ranks better than 28% of 1,373 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-12-1983 Normal situation
Activity
Launderettes and laundries for private customers NACE 96102and 3 others
Joint committee
110 Paritair Comité voor de textielverzorging · annual accounts 2025
Establishment unit
2.023.814.235 8580 Avelgem, since 16-01-1984
Financial year end
31 December
Peppol
Reachable since 03-03-2023

Board and ownership

Board
  • LOFDDirector · since 30-01-2015 · permanent representative Fleur Crommelynck
Shareholders
  • LOFD30-09-2025 annual accounts of LOFD

Financial position

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%
Employees on 31-12-2025
8
▼ 20.0%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Score breakdownraises 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 stronger than 58% of micro companies in personal services (NACE 96)
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 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 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 0.3% 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 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.89 (0.92 in 2024), below 1. Short-term debt is 93.6% and cash 68.3% of total assets. 93.6% 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 96, micro). It does better than 34% of them on solvency, 47% on liquidity, 93% on profitability and 58% on growth.

The bankruptcy probability was computed on 01-11-2026 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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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 the company's 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

The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was 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 accounts filed within 30 days either side of that date).
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
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in personal servicessector median €5,261 · 1,369 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

Recent changes

  1. · Gazette deed Resignation: LOFD (statutory manager)Reappointment: LOFD (statutory director) · Permanent representative: Fleur Crommelynck
All 14 events

Comparable companies

These companies have the same main activity as RAP EN REIN: launderettes and laundries for private customers (NACE 96102). They are comparable in size and age: total assets between €988,000 and €4.9m, founded between 1980 and 1993.

CompanyTotal assetsGross margin
RAP EN REIN Avelgem€2.2m€0.8m
GHYS Temse€1.6m€0.7m
LAVOIR DU PARUCK Tielt€1.5m€0.6m
GROUPE VISIBLY Bastogne€1.9m€0.6m
MANDREOLI & FILS Herstal€4.9m€0.9m
Clean Express Tielt€1.6m€1.0m
PRIMA PRESSING Hasselt€1.0m€0.6m
Full comparison

Key facts about RAP EN REIN

What is the company number of RAP EN REIN?
The company number of RAP EN REIN is 0425.004.015. The VAT number is the same 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?
The legal form of RAP EN REIN is Private limited company (BV).
When was RAP EN REIN founded?
RAP EN REIN was 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?
RAP EN REIN had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does RAP EN REIN fall under?
In its 2025 annual accounts, RAP EN REIN states joint committee 110 (Paritair Comité voor de textielverzorging).
What is the turnover of RAP EN REIN?
The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €838,424 and 30 comparable companies (NACE 96). It probably lies between €880,000 and €1.6m.
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.
When are the next annual accounts of RAP EN REIN due?
RAP EN REIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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