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RASSCHAERT EN ZONEN

Active
Private limited company (pre-2019)founded 1992active for 33 yearsAmbachtenstraat 16, 9160 Lokeren, BelgiumKBO/BCE: BE 0448.660.830
Summary

RASSCHAERT EN ZONEN has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €1.1m. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 68% of 2,440 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Painting of buildings
NACE 43341
1 site
Size
€12.3mturnover 2025
Staff
23.4 FTE
Equity
€3.5m
Profit
€1.1m
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
RASINVEST · 90%
  • BV JLC ManagementDirector
Auditor: VRC BEDRIJFSREVISOREN2025 accounts 16 days early3 of 7 deeds summarised
Why 88raises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.58, cash €144,418lowers riskSize: turnover €12.3m, 23.4 FTE, total assets €6.2mFounded in 1992Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 81-14
equity 56.4% of total assets
Liquidity 36-9
short-term debt 37.3% · cash 2.3%
Profitability 85+12
return on assets 18.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged 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: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.58, compared with 3.76 in 2024, above the usual 1.5; short-term debt: 37.3% and cash: 2.3% of total assets), and 43.6% 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 43, small): better than 74% on solvency, 33% on liquidity, 82% on profitability and 88% on growth.

The bankruptcy probability was computed on 28-10-2026 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 riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 2.58, cash €144,418
NBB · annual accounts
lowers risk · Size: turnover €12.3m, 23.4 FTE, total assets €6.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
15 days early
2023
8 days early
2022
11 days early
2021
12 days late
2020
26 days late
2019
67 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 8 days after 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)
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 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €1.1m ▲173%
  3. Permanent representative: Cocquyt GilRegistered-office move

Key points

  • Positive: Result rose in 2025from €411,391 to €1.1m ▲ 173% View
  • Positive: Among the best 8% on net resultsector median €43,005 · 2,441 companies €1.1m View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • Controlled by RASINVEST 90% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Turnover
€12.3m
Profit
€1.1m
Solvency
56.4%
Turnover▲ 75.7%
Net result
20192025
Go to Financials

Board & ownership

Board
1 member
Parent
RASINVEST · 90%
Auditor
VRC BEDRIJFSREVISOREN
  • BV JLC ManagementDirector
Go to Board & ownership

Timeline

Events
41
Since
1994
Next accounts
by 31-07-2027
  1. 16-07-2025Annual accounts filed
  2. 18-12-2024Appointment: BV VRC Bedrijfsrevisoren (statutory auditor)
  3. 23-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Painting of buildingsNACE 43341
Founded
17-11-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about RASSCHAERT EN ZONEN

What is the company number of RASSCHAERT EN ZONEN?
0448.660.830. In Belgium the VAT number is the company number with BE in front: BE 0448.660.830.
Where is RASSCHAERT EN ZONEN based?
The registered office is at Ambachtenstraat 16, 9160 Lokeren.Company details
What does RASSCHAERT EN ZONEN do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of RASSCHAERT EN ZONEN?
Private limited company (pre-2019) (BVBA).
When was RASSCHAERT EN ZONEN founded?
On 17-11-1992.
Is RASSCHAERT EN ZONEN still active?
Yes, RASSCHAERT EN ZONEN is an active enterprise in the KBO register.
How many employees does RASSCHAERT EN ZONEN have?
On average 23.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RASSCHAERT EN ZONEN?
€12.3m in financial year 2025, according to the filed annual accounts.
Is RASSCHAERT EN ZONEN profitable?
In financial year 2025, RASSCHAERT EN ZONEN made a profit of €1.1m.
Where can I find the annual accounts of RASSCHAERT EN ZONEN?
RASSCHAERT EN ZONEN filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RASSCHAERT EN ZONEN due?
By 31-07-2027, for financial year 2026.Timeline

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