RAPETTI
ActiveSummary
RAPETTI has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,073 and a net result of €26,753. Equity is growing by about 61% per year across the filed financial years. Its solvency ranks better than 83% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Staff
- 0.3 FTE
- Equity
- €87,073
- Profit
- €26,753
Why 72raises riskFounded in 20231 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.28, cash €50,811Figures for financial year 2025 (filed 07-07-2026)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 80% on solvency, 91% on liquidity, 83% on profitability and 81% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 3 accounts on average 34 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Financials · financial year 2025, abbreviated format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 44% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €25,523 | €136,885 | €223,157 | ▲ 63.0% |
| Remuneration, social security and pensions62 | €449 | €4,213 | €4,595 | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,753 | €10,989 | €12,719 | ▲ 15.7% |
| Other operating charges640/8 | €158 | €949 | €547 | ▼ 42.4% |
| Non-recurring operating charges66A | - | - | €2,978 | - |
| Gross operating margin9900 | €5,885 | €65,172 | €48,498 | ▼ 25.6% |
| Operating profit (loss)9901 | €3,525 | €49,021 | €27,659 | ▼ 43.6% |
| Financial income75/76B | €1 | €0 | €4 | ▲ 71× |
| Recurring financial income75 | €1 | €0 | €4 | ▲ 71× |
| Financial charges65/66B | €531 | €1,097 | €910 | ▼ 17.0% |
| Recurring financial charges65 | €531 | €1,097 | €910 | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | €2,994 | €47,925 | €26,753 | ▼ 44.2% |
| Income taxes67/77 | - | €599 | - | - |
| Profit (loss) for the period9904 | €2,994 | €47,326 | €26,753 | ▼ 43.5% |
| Profit (loss) for the period to be appropriated9905 | €2,994 | €47,326 | €26,753 | ▼ 43.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €28,692 | €83,654 | €117,340 | ▲ 40.3% |
| Fixed assets21/28 | €13,921 | €32,087 | €16,655 | ▼ 48.1% |
| Tangible fixed assets22/27 | €13,921 | €32,087 | €16,655 | ▼ 48.1% |
| Plant, machinery and equipment23 | - | €6,519 | €4,102 | ▼ 37.1% |
| Furniture and vehicles24 | €13,921 | €25,568 | €12,553 | ▼ 50.9% |
| Current assets29/58 | €14,771 | €51,567 | €100,685 | ▲ 95.2% |
| Amounts receivable within one year40/41 | €10,996 | €15,299 | €49,264 | ▲ 222% |
| Trade receivables40 | €8,337 | €2,880 | €19,217 | ▲ 567% |
| Other amounts receivable41 | €2,659 | €12,418 | €30,048 | ▲ 142% |
| Cash at bank and in hand54/58 | €3,615 | €35,010 | €50,811 | ▲ 45.1% |
| Deferred charges and accrued income490/1 | €160 | €1,259 | €610 | ▼ 51.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €28,692 | €83,654 | €117,340 | ▲ 40.3% |
| Equity10/15 | €12,994 | €60,320 | €87,073 | ▲ 44.4% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Capital10 | €10,000 | €10,000 | €10,000 | = |
| Issued capital100 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €2,994 | €50,320 | €77,073 | ▲ 53.2% |
| Distributable reserves133 | €2,994 | €50,320 | €77,073 | ▲ 53.2% |
| Amounts payable17/49 | €15,697 | €23,334 | €30,267 | ▲ 29.7% |
| Amounts payable after more than one year17 | €9,526 | €13,375 | €6,756 | ▼ 49.5% |
| Financial debts170/4 | €9,526 | €13,375 | €6,756 | ▼ 49.5% |
| Amounts payable within one year42/48 | €6,171 | €9,959 | €23,510 | ▲ 136% |
| Current portion of amounts payable after more than one year42 | €3,275 | €6,310 | €6,618 | ▲ 4.9% |
| Trade debts44 | €2,896 | - | €16,581 | - |
| Suppliers440/4 | €2,896 | - | €16,581 | - |
| Taxes, remuneration and social security45 | - | €2,574 | €311 | ▼ 87.9% |
| Remuneration and social security454/9 | - | €2,574 | €311 | ▼ 87.9% |
| Other amounts payable47/48 | - | €1,075 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,994 | €47,326 | €26,753 | ▼ 43.5% |
| + Depreciation and write-downs630 | €1,753 | €10,989 | €12,719 | ▲ 15.7% |
| Operating cash flow (approximation) | €4,748 | €58,315 | €39,472 | ▼ 32.3% |
| Investment in fixed assets (approximation) | - | -€29,155 | €2,713 | - |
| Change in cash | - | €31,394 | €15,801 | ▼ 49.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 07-07-2026 | 2026-00261142 |
| 31-12-2024 | micro format | 11-06-2025 | 2025-00131062 |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00213860 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| RAPETTI Raphaël |
|
Owners and capital
Capital and shareholders
- RAPETTI Raphaël 100 shares (100%) · €10,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 02-08-2023 Incorporation · €10,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 31 July 2023, RAPETTI was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 In 2025 the registered office moved to Tongeren.3 RAPETTI Raphaël has served as director of the company since 2023.2 Total assets went from €28,692 in 2023 to €117,340 in 2025.4
Acts, filings and financial milestones
29-01
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 06-01-2025
- Registered-office move, Sportpleinstraat 21 - 3700 Tongeren
02-08
Gazette deed
IncorporationAppointment: RAPETTI Raphaël (director) · Registered office clause · Board rule9 facts ▸
- Registered office clause, “2100 Antwerpen (Deurne), van Cortbeemdelei 151” (deed in Dutch)
- Board rule, 1
- Director appointment, RAPETTI Raphaël (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten sinds vandaag” (deed in Dutch)
- Incorporation, “RAPETTI” (deed in Dutch)
- Founder, RAPETTI Raphaël (oprichter comparant)
- Founding capital, €10,000
- Other provision, “financieel plan, overhandigd aan notaris voor verlijden oprichtingsakte” (deed in Dutch)
- Other provision, “bevestiging deponering stortingen, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0804.405.261
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62067F0915/00N004 | Wallonia | 1,779 m² | 1 · 172 m² | 6.1 m · 2 |
| 73348B0060/00R000 | Flanders | 215 m² | 1 · 81 m² | 7.4 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het installeren,herstellen en onderhouden van sanitair – loodgieterswerk en electriciteitswerken; Installatie,herstel en onderhoud van…” (deed in Dutch)
22 activities (deed in Dutch)
- Het installeren,herstellen en onderhouden van sanitair – loodgieterswerk en electriciteitswerken;
- Installatie,herstel en onderhoud van verwarming,koeltechniek,klimaatregeling en ventilatie;
- Handelsbemiddeling in loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties;
- De groot- en kleinhandel in apparaten voor centrale verwarming;
- Groot- en kleinhandel in materiaal voor de installatie van sanitair en centrale verwarming: buizen,pijpen,fittings,kranen,verbindingsstukken,rubberslangen,enzovoort;
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
- Het aanleggen van waterdistributienetten en rioleringen;
- Draineringswerken en ontstoppingswerken;
- Bouw van daken en het plaatsen van dakbedekking van ongeacht welk materiaal;
- Het plaatsen van dakgoten en regenafvoerbuizen;
- Het plaatsen van wand- en vloertegels;
- Loodgieterswerk;
- Zinkwerk;
- Het plaatsen van zonnepanelen,warmtepompen,airco installaties en ventilatiesystemen;
- Isolatiewerkzaamheden;
- Elektriciteitswerken
- Onderneming voor het bouwen van koelkamers,kluizen,enzoverder.
- Het plaatsen van dakbedekking ongeacht welk materiaal.
- In het algemeen alle werkzaamheden verband houdende met sanitair,verwarming,ventilatie,warmtepompen,koeltechniek,elektriciteit,bezettingswerken,dakwerken,schrijnwerkerij,badkamer renovatie voor professionals en particulieren
- Rattenverdelging,desinfectie
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur- en verhuur,de ruil,de verkaveling,de onroerende leasing en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken van onroerende goederen of onroerende zakelijke rechten;
- De uitbating van een algemeen bouwbedrijf omvattende de oprichting,omvorming,verandering,afwerking en renovatie van gebouwen,het reinigen van gevels en daken,het uitvoeren van beton- en bekistingwerken,chape- en voegwerken,alle timmer- en schrijnwerk,het plaatsen van tussenwanden,isolatiemateriaal,wand-,vloer- en dakbedekkingen,dakgoten en afvoerbuizen,stellingbouw,plafonneer-,cementeer- en pleisterwerken,elektrotechnische en sanitaire installaties zowel binnen als buiten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RAPETTI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13 - Bevoegdheden van het bestuursorgaan 1. Bestuur Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking duur, statutair bestuurder mogelijk indien benoemd in statuten, één of meer bestuurders, natuurlijke personen of…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders voor hun effecten in zetel” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Eerst aan bestaande aandeelhouders naar evenredigheid, inbreng in geld met uitgifte nieuwe aandelen – recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Tuesday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed