Equity
€25.0m ▲ 2.2%
R2AG paid out €725,000 in dividends. That is 58% of the 2025 profit.
R2AG
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €5.2m (2022)
€3.4m▲ 36.8%
lowest -€737,419 (2016)
€1.3m▲ 31.8%
peak €25.0m (2025)
€25.0m▲ 2.2%
€8.2m▼ 8.3%
peak 8.7 FTE (2009)
6.3 FTE▲ 3.3%
Board10 names since 2014
3 directors and 2 others
Owners4 names in the annual accounts
Documentsfilings and deeds
15-06-202646 days before the deadline
2025abbreviated format
Gross margin from €2.5m to €3.4mResult from €951,693 to €1.3mReappointments: (managing director) and (chair of the board) 15-07Dividend €725,000Cash from €1.7m to €4.3m
Key points
from the 2025 annual accountsResult
€1.3m ▲ 31.8%
The result rose in 2025 from €951,693 to €1.3m.
Turnover
≈ €3.5m estimated
The abbreviated format states no turnover.
Staff
6.3 FTE from 8.7 in 2009
Between 2009 and 2025, 28% of the full-time equivalents disappeared.
Filings
49 annual accounts since 1977
The last five annual accounts were filed 2 to 46 days before the end of the period.
Position in the sector
€1.3m
Higher net result than 95% of companies in real estate. Sector median €12,777 · 12,429 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as R2AG has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,044 companies, not a prediction for R2AG. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Chair
Managing director
Director
- consolidatesannual accounts 2020
Shares in 3 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0412704811
Reappointments: (managing director) and (chair of the board)
Board meeting of 17-06-2025 · Gazette deed
Environmental permit granted
Functiewijziging · Geraardsbergen
Reappointments: (director) and (director)
General meeting of 07-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| R2AG Aarschot | €38.2m | €3.4m | 65.5% | 6.3 |
| Participo CM Vlaams-Brabant en Brussel Leuven | €62.0m | €2.6m | 60.9% | 7.6 |
| ANEAL Wijnegem | €27.0m | €3.3m | 32.4% | 5.5 |
| FOMINVEST Uccle | €27.8m | €2.8m | 59.6% | 5 |
| Financière Immobilière Bruxelloise Brussels | €26.7m | €3.4m | 66.5% | 5.1 |
| IMMOBILIERE JAKSA NOUVELLE Ixelles | €60.8m | €3.7m | 25.7% | 6.2 |
| NV BUCHAI SA Destelbergen | €29.9m | €2.3m | 62.5% | 5.3 |
These companies have the same main activity as R2AG: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €27m and €62m, founded between 1951 and 1990.
Official details
Source: KBO- Status
- Active since 19-10-1972Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.008.312.5463200 Aarschot, since 28-01-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Annual accounts 2025
- €38.2m▼ 0.5%
- Employeeson 31-12-2025
- 7=
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Companies linked to R2AG
Subsidiaries and holdings
- 100%
Insights on R2AG
R2AG files the abbreviated format. That format states no turnover. The gross margin rose from €522,187 in 2006 to €3.4m in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about R2AG
- What is the company number of R2AG?
- The company number of R2AG is 0412.704.811. The VAT number is the same number with BE in front: BE 0412.704.811.
- Where is R2AG based?
- The registered office is at Gelrodeweg 95, 3200 Aarschot.Company details
- What does R2AG do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of R2AG?
- R2AG is a public limited company (NV).
- When was R2AG founded?
- R2AG was founded on 19-10-1972.
- Is R2AG still active?
- Yes, R2AG is an active enterprise in the KBO register.
- How many employees does R2AG have?
- R2AG had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does R2AG fall under?
- In its 2023 annual accounts, R2AG states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of R2AG?
- The turnover in financial year 2025 is ≈ €3.5m. This figure is estimated from the gross margin of €3.4m and 31 comparable companies (NACE 68201). It probably lies between €3.3m and €3.9m. In financial year 2018 turnover was €3.0m.
- Is R2AG profitable?
- In financial year 2025, R2AG made a profit of €1.3m.
- Where can I find the annual accounts of R2AG?
- R2AG filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of R2AG due?
- R2AG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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