REPASSNET CENTER

Active

Private limited company (pre-2019)founded 200818 yrs activeDilbeekstraat 100, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0898.239.497

REPASSNET CENTER has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €7k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

53 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability63▲+24

Solvency30▲+1

Growth32=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.88 against 0.74 in 2023; short-term debt: 64.7% and cash: 19.8% of total assets), and 95% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

Return on assets

1.6%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

59 d late

2023

36 d late

2022

27 d late

2021

31 d late

2020

30 d late

2019

122 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€7k

2023 · €-7k

2018: €49k 2019: €-6k 2020: €-358 2021: €-1k 2022: €429 2023: €-7k

2018 → 2024

Working capital

€-33k▲ 27.7%

2023 · €-45k

2018: €45k 2019: €-18k 2020: €-40k 2021: €-33k 2022: €-39k 2023: €-45k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€23k-€21k▼ 5.0%€22k▲ 2.0%€15k▼ 32.8%€21k▲ 46.1%

Operating result€1k-€-546€2k€4k▲ 105%€15k▲ 286%

Net result€-358-€-1k▼ 218%€429€-7k€7k

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 286% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €431k

42.9%

57.1%

Fixed assets €185k▼ 11.9%

Current assets €246k▲ 93.4%

Equity and liabilities €431k

95.0%

Equity €21k▲ 46.1%

Debt €410k▲ 27.0%

The debt ratio falls from 95.7% to 95.0%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€43k▲

2023 · €31k

Cash flow

€34k▲

2023 · €20k

Solvency

5.0%▲

2023 · 4.3%

Current ratio

0.88▲

2023 · 0.74

Quick ratio

0.88▲

2023 · 0.74

Debt / equity

19.14▼

2023 · 22.01

ROE

31.6%▲

2023 · -48.9%

ROA

1.6%▲

2023 · -2.1%

Interest coverage

5.05▲

2023 · 2.80

Debt

€410k▲

2023 · €323k

Debt ≤ 1 year

€279k▲

2023 · €172k

Debt > 1 year

€131k▼

2023 · €149k

Staff costs

€1.45M▲

2023 · €1.25M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€337k€431k▲

Fixed assets21/28€210k€185k▼

Intangible fixed assets21€4k€3k▼

Tangible fixed assets22/27€204k€180k▼

Land and buildings22€164k€145k▼

Plant, machinery and equipment23€41k€33k▼

Furniture and vehicles24-€2k

Financial fixed assets28€2k€2k=

Current assets29/58€127k€246k▲

Amounts receivable within one year40/41€38k€48k▲

Other amounts receivable41€38k€48k▲

Cash at bank and in hand54/58€67k€85k▲

Deferred charges and accrued income490/1€23k€113k▲

Equity and liabilities

Total equity and liabilities10/49€337k€431k▲

Equity10/15€15k€21k▲

Contributions10/11€6k€6k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€7k€13k▲

Amounts payable17/49€323k€410k▲

Amounts payable after more than one year17€149k€131k▼

Financial debts170/4€149k€131k▼

Amounts payable within one year42/48€172k€279k▲

Current portion of amounts payable after more than one year42€50k€22k▼

Financial debts43-€29k

Credit institutions430/8-€29k

Trade debts44€26k€40k▲

Suppliers440/4€26k€40k▲

Taxes, remuneration and social security45€94k€185k▲

Remuneration and social security454/9€94k€185k▲

Other amounts payable47/48€3k€3k▲

Accrued charges and deferred income492/3€727€417▼

Income statement Code20232024

Goods, raw materials, services and sundry goods60/61-€73k

Remuneration, social security and pensions62€1.25M€1.45M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▲

Other operating charges640/8€5k€5k▼

Gross operating margin9900€1.29M€1.50M▲

Operating profit (loss)9901€4k€15k▲

Financial income75/76B€19€0▼

Recurring financial income75€19€0▼

Financial charges65/66B€11k€8k▼

Recurring financial charges65€11k€8k▼

Profit (loss) for the period before taxes9903€-7k€7k▲

Profit (loss) for the period9904€-7k€7k▲

Profit (loss) for the period to be appropriated9905€-7k€7k▲

Appropriation of the result

Profit (loss) to be appropriated9906€7k€13k▲

Profit (loss) brought forward from the previous period14P€14k€7k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

28-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 59 days late

2024

31-12

Financial Back to profitnet €7k

Net result €7k after one loss-making year.

05-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 36 days late

2023

31-12

Financial Weakest financial yearnet €-7k ▼1770%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

27-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 27 days late

2022

31-12

Financial Back to profitnet €429

Net result €429 after 3 loss-making years.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 30 days late

2020

30-11

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 122 days late

2019

26-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 26 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 31 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 31 days late

2016

21-11

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 113 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2008

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dilbeekstraat 1001080 Sint-Jans-Molenbeek

Ground area

317 m²

Building footprint

316 m²

Volume, LiDAR

4,194 m³

Parcel 21523B0886/00W002, Brussels · tallest building 16.3 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

REPASSNET CENTER

Dilbeekstraat 100, 1080 Sint-Jans-MolenbeekEmployment placement agencies

since 20082.236.555.328

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21523B0886/00W002	Brussels	317 m²	1 · 316 m²	16.3 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 1,000,147 EUR awarded · 997,900 EUR paid

Year	Entries	awarded	paid
2025	3	266,455 EUR	265,701 EUR
2024	2	249,154 EUR	248,998 EUR
2023	2	267,384 EUR	266,635 EUR
2022	2	217,154 EUR	216,566 EUR

Schemes

Dienstencheques

4 entries · 997,900 EUR · 997,900 EUR paid · Departement Werk en Sociale Economie

Opleidingsfonds dienstencheques

5 entries · 2,247 EUR · Departement Werk en Sociale Economie

Recognitions: source did not answer, try again later.

Similar companies · same sector, comparable size

Watermaal-Bosvoorde · Eq €21k

JRMA Belgium

BE 0849.712.377

Sint-Gillis (bij-Brussel) · Eq €21k

ANJOBETH

BE 0664.947.272

Rixensart · Eq €21k

Of 810 companies in sector 96910 we hold annual accounts for 618. 380 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded30-05-2008

Fiscal year end31-12

Activities, NACEBEL

96012Personal service activities

96910Personal service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.