Equity
Equity fell by 57% in 1 year.
Equity fell by 57% in 1 year.
From profit to loss in 2024, after a profit of €46,278 in 2023.
Short-term debts fell from €44,664 to €43,619.
2025 accounts not filed: deadline was 31-07-2026.
Lower net result than 95% of companies in building services and landscaping. Sector median €8,907 · 5,834 companies.
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 81, micro). It does better than 57% of them on solvency, 58% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 4,805 companies had the same profile as RIMINI CLEAN has now. Each dot stands for 13 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RIMINI CLEAN itself is higher: 6.9% within 12 months. It rests on far more data about RIMINI CLEAN than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for RIMINI CLEAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.95 (3.31 in 2023), above the usual 1.5. Short-term debt is 44.9% of total assets. However, 52.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 148 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| RIMINI CLEAN Sint-Genesius-Rode | €97,136 | -€54,445 | 47.6% | - |
| FOOD CLEANING BELGIUM Menen | €100,312 | -€10,777 | 66.0% | - |
| T.C.G. Mol | €84,272 | -€35,789 | 17.2% | - |
| J&B SOLUTIONS Sint-Laureins | €77,510 | -€5,100 | 15.1% | - |
| ACTIAS FACILITIES Sint-Pieters-Leeuw | €62,836 | -€22,397 | -56.8% | - |
| FLEXI-CLEAN Dendermonde | €67,664 | €563 | 40.9% | - |
| CLEANING BUILDINGS SERVICES Woluwe-Saint-Lambert | €80,971 | -€6,757 | 63.3% | - |
These companies have the same main activity as RIMINI CLEAN: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €62,800 and €100,000, founded between 2012 and 2017.
RIMINI CLEAN files the micro format. That format states no turnover. The gross margin fell from -€9,387 in 2017 to -€54,445 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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