RASOOL
ActiveSummary
RASOOL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,669 and a net result of €7,464. Equity is growing by about 76% per year across the filed financial years. Its solvency ranks better than 84% of 5,672 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
- Equity
- €7,669
- Profit
- €7,464
- MFARJAH Hussein Hasan RasoolDirector
- Jbouri Abbas Ali HusseinDirector
Why 87raises riskFounded in 2023Size: total assets €10,7291 of the last 3 latelowers riskLiquidity: current ratio 3.51, cash €10,729Show the evidence
Checked score
About 5 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 96, micro): better than 84% on solvency, 89% on liquidity, 93% on profitability and 99% on growth.
The bankruptcy probability was computed on 27-10-2026 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 6 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)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €7,464
- Liquidity more than triplescurrent ratio 3.51
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €7,472 after a loss of €2,960 in 2024, the highest result in the available series.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service 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.
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 0.5% 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 497,445 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 |
|---|---|---|---|---|
| Gross operating margin9900 | €1,040 | -€2,960 | €7,472 | - |
| Operating profit (loss)9901 | €1,040 | -€2,960 | €7,472 | - |
| Financial income75/76B | - | €125 | - | - |
| Recurring financial income75 | - | €125 | - | - |
| Financial charges65/66B | - | - | €8 | - |
| Recurring financial charges65 | - | - | €8 | - |
| Profit (loss) for the period before taxes9903 | €1,040 | -€2,835 | €7,464 | - |
| Profit (loss) for the period9904 | €1,040 | -€2,835 | €7,464 | - |
| Profit (loss) for the period to be appropriated9905 | €1,040 | -€2,835 | €7,464 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3,040 | €2,187 | €10,729 | ▲ 391% |
| Current assets29/58 | €3,040 | €2,187 | €10,729 | ▲ 391% |
| Amounts receivable within one year40/41 | €2,000 | €2,125 | - | - |
| Other amounts receivable41 | €2,000 | €2,125 | - | - |
| Cash at bank and in hand54/58 | €1,040 | €62 | €10,729 | ▲ 173× |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3,040 | €2,187 | €10,729 | ▲ 391% |
| Equity10/15 | €3,040 | €205 | €7,669 | ▲ 37× |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €1,040 | -€1,795 | €5,669 | - |
| Amounts payable17/49 | - | €1,982 | €3,060 | ▲ 54.4% |
| Amounts payable within one year42/48 | - | €1,982 | €3,060 | ▲ 54.4% |
| Taxes, remuneration and social security45 | - | €1,982 | €1,982 | = |
| Taxes450/3 | - | €1,982 | €1,982 | = |
| Other amounts payable47/48 | - | - | €1,078 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,040 | -€2,835 | €7,464 | - |
| Operating cash flow (approximation) | €1,040 | -€2,835 | €7,464 | - |
| Change in cash | - | -€978 | €10,667 | - |
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 | micro format | 21-05-2026 | 2026-00116679 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00528604 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00421358 |
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 |
|---|---|
| MFARJAH Hussein Hasan Rasool |
|
| Jbouri Abbas Ali Hussein |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-02
Gazette deed
Appointment: Jbouri Abbas Ali Hussein (director)2 facts ▸
- General meeting, 12-12-2023
- Director appointment, Jbouri Abbas Ali Hussein (director)
09-05
Gazette deed
IncorporationAppointment: MFARJAH Hussein Hasan Rasool (director) · Founder · Founding capital16 facts ▸
- Founder, MFARJAH Hussein Hasan Rasool
- Other provision, “bekwaamheid comparant” (deed in Dutch)
- Other provision, “toelichting en voorlezing akte” (deed in Dutch)
- Incorporation, “RASOOL” (deed in Dutch)
- Founding capital, €2,000 (2 times)
- Other provision, “notaris”, 04-05-2023 (deed in Dutch)
- Other provision, “uitwerking slotbepalingen, e-depot oprichtingsakte in kruispuntbank voor ondernemingen overeenkomstig wet” (deed in Dutch)
- Registered office clause, “3000 Leuven,Tessenstraat,1B” (deed in Dutch)
- Other provision, “nog niet, website en e-mailadres” (deed in Dutch)
- Board rule, 1
- Director appointment, MFARJAH Hussein Hasan Rasool (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- +4 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24505F0967/00L000 | Flanders | 840 m² | 1 · 131 m² | 22.5 m · 6 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RASOOL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Geen wijziging taalregime, bij enkel besluit bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, Artikel 10” (deed in Dutch)“Artikel 12, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, Artikel 8” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper, elke overdracht onder levenden ten bezwarende en kosteloze titel vrijwillig en gedwongen met inbegrip…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 17:00
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.
- “Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen” (deed in Dutch)