R & C PROJECTS
Dissolved and wound up on 30-03-2026Financials · financial year 2026, micro format
Annual accounts 2026 filed on 17-04-2026 at the NBB all 2 filings
Equity
€100▼ 99.7%
2025 · €29,321
Total assets
€21,375▼ 42.2%
2025 · €36,969
Net result
-€8,013
2025 · €29,221
Working capital
€100▼ 99.6%
2025 · €28,370
Multi-year overview
2025 to 2026, 2 financial yearsOperating result
-€8,010
2026
20252026
Net result
-€8,013
2026
20252026
Equity
€100
▼ 99.7%
2026
20252026
Total assets
€21,375
▼ 42.2%
2026
20252026
Debt
€21,275
▲ 178%
2026
20252026
Working capital
€100
▼ 99.6%
2026
20252026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20252026
Operating result€36,676--€8,010
Net result€29,221--€8,013
Equity€29,321-€100▼ 99.7%
Total assets€36,969-€21,375▼ 42.2%
Debt€7,648-€21,275▲ 178%
Working capital€28,370-€100▼ 99.6%
The operating result for 2026 is a loss of €8,010, after a profit of €36,676 in 2025.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €21,375
Equity
€100 ▼ 99.7%
Debt
€21,275 ▲ 178%
Debt's share of the balance-sheet total rises from 20.7% to 99.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,059▼
2025 · €37,025
Cash flow
-€7,062▼
2025 · €29,570
Current ratio
1.00▼
2025 · 4.71
ROA
-37.5%▼
2025 · 79.0%
Interest coverage
-2823.68▼
2025 · over 100
Debt ≤ 1 year
€21,275▲
2025 · €7,648
The equity ratios are withheld because equity of €100 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €349 | €951 | ▲ 172% |
| Other operating charges640/8 | €387 | €133 | ▼ 65.7% |
| Gross operating margin9900 | €37,412 | -€6,927 | - |
| Operating profit (loss)9901 | €36,676 | -€8,010 | - |
| Financial charges65/66B | €150 | €3 | ▼ 98.3% |
| Recurring financial charges65 | €150 | €3 | ▼ 98.3% |
| Profit (loss) for the period before taxes9903 | €36,526 | -€8,013 | - |
| Income taxes67/77 | €7,305 | - | - |
| Profit (loss) for the period9904 | €29,221 | -€8,013 | - |
| Profit (loss) for the period to be appropriated9905 | €29,221 | -€8,013 | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36,969 | €21,375 | ▼ 42.2% |
| Formation expenses20 | €951 | - | - |
| Current assets29/58 | €36,018 | €21,375 | ▼ 40.7% |
| Amounts receivable within one year40/41 | €73 | €1,295 | ▲ 18× |
| Other amounts receivable41 | €73 | €1,295 | ▲ 18× |
| Cash at bank and in hand54/58 | €35,944 | €20,080 | ▼ 44.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36,969 | €21,375 | ▼ 42.2% |
| Equity10/15 | €29,321 | €100 | ▼ 99.7% |
| Contributions10/11 | €100 | €100 | = |
| Profit (loss) carried forward14 | €29,221 | - | - |
| Amounts payable17/49 | €7,648 | €21,275 | ▲ 178% |
| Amounts payable within one year42/48 | €7,648 | €21,275 | ▲ 178% |
| Trade debts44 | - | €67 | - |
| Suppliers440/4 | - | €67 | - |
| Taxes, remuneration and social security45 | €7,357 | - | - |
| Taxes450/3 | €7,357 | - | - |
| Other amounts payable47/48 | €291 | €21,208 | ▲ 73× |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €29,221 | -€8,013 | - |
| + Depreciation and write-downs630 | €349 | €951 | ▲ 172% |
| Operating cash flow (approximation) | €29,570 | -€7,062 | - |
| Change in cash | - | -€15,864 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.