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Rasayana

Active
Non-profit associationfounded 20197 yrs activeNinovesteenweg 244, 9320 Aalst, BelgiumKBO/BCE: BE 0734.510.031
Summary

For Rasayana, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€9,027) and a net result of -€2,448. Equity is shrinking by ~50.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 2301 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

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RasayanaActive
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Overview

Activity
Socio-cultural adult education
NACE 85593
1 site
Size
€11,069turnover 2023
Equity
-€9,027
Loss
-€2,448
Financial health
Bankruptcy chance 12 m
0.2%
2023 figures too old to score
Structure
Accounts 703 d overdue0 of 3 deeds read
Signals- Latest accounts 154 days late; 1 of the last 3 late- Figures for FY 2023 (filed 02-04-2024)- Two or more financial years not filed- Filed more than 90 days late+ Legal form Non-profit association+ Sector Education (NACE 85)Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0=
equity -427.3% of total assets
Liquidity 50+34
short-term debt 527.3% · cash 100.0%
Profitability 0=
return on assets -115.9%
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 0.1% (3,751 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%▲ +13.4% vs 11-2024 01-2025: 0.2%▲ +106% vs 12-2024 02-2025: 0.2%▲ +3.1% vs 01-2025 03-2025: 0.3%▲ +23.1% vs 02-2025 04-2025: 0.5%▲ +58.0% vs 03-2025highest value 05-2025: 0.5%● 0.0% vs 04-2025highest value 06-2025: 0.5%▼ -1.1% vs 05-2025 07-2025: 0.4%▼ -11.3% vs 06-2025 08-2025: 0.4%● 0.0% vs 07-2025 09-2025: 0.4%▼ -2.8% vs 08-2025 10-2025: 0.4%▲ +1.8% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%▲ +1.5% vs 12-2025 02-2026: 0.2%▼ -51.1% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.2%● 0.0% vs 03-2026 05-2026: 0.2%● 0.0% vs 04-2026 06-2026: 0.2%● 0.0% vs 05-2026 07-2026: 0.2%● 0.0% vs 06-2026 08-2026: 0.2%● 0.0% vs 07-2026 09-2026: 0.2%● 0.0% vs 08-2026 10-2026: 0.2%● 0.0% vs 09-2026
  • Legal form Non-profit association lowers the probability
  • Latest accounts 154 days late; 1 of the last 3 late raises the probability
  • Sector Education (NACE 85) lowers the probability
  • Figures for FY 2023 (filed 02-04-2024) raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Latest accounts 154 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Education (NACE 85)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2023 (filed 02-04-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-03-2024 close31-10-2024 deadline04-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 02-04-2024, 154 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
154 d late
2022
28 d early
2021
117 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Annual accounts filedfiscal year 2022 · micro…
  3. Weakest financial yearnet -€4,229

Key points

  • Risk: Accounts not fileddeadline was 31-10-2024 703 d late View
  • Risk: Negative equityfiscal year 2023: debts exceed assets -€9,027 View
  • Caution: Among the weakest 5% on solvencysector median 44.5% · 2,301 companies -427.3% View
  • Risk: 3 loss-making years in a rowloss fiscal year 2023 -€2,448 View

By topic

Financials

Fiscal year
2023
Turnover
€11,069
Loss
-€2,448
Solvency
-427.3%
Turnover▼ 54.3%
Net result
20222023
Go to Financials

Timeline

Events
4
Since
2021
  1. 02-04-2024Annual accounts filed
  2. 03-10-2022Annual accounts filed
  3. 31-03-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Socio-cultural adult educationNACE 85593
Founded
16-09-2019
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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