R-CONSTRUCT
Annual accounts 2025
micro format, filed on 03-07-2026, 28 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €51,004 on 31-12-2025in euro
in euro
Position in the sector
64.6%
Higher than 70% of 37,177 companies in 2025.
2.60
Higher than 66% of 36,472 companies in 2025.
-17.0%
Higher than 9% of 36,707 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
51,004 | 54,971 | 67,942 | 84,913 | 117,265 | 101,102 | |
21/28 |
4,184 | 7,222 | 10,527 | 28,190 | 62,376 | 23,916 | |
22/27 |
4,184 | 7,222 | 10,527 | 28,190 | 62,376 | 23,916 | |
23 |
948 | 285 | 1,974 | 4,200 | 6,536 | 2,199 | |
24 |
3,236 | 6,937 | 8,553 | 23,990 | 55,840 | 21,718 | |
29/58 |
46,820 | 47,748 | 57,415 | 56,723 | 54,888 | 77,186 | |
40/41 |
23,602 | 27,199 | 28,460 | 20,992 | 24,651 | 47,612 | |
40 |
16,156 | 20,531 | 23,923 | 17,181 | 12,614 | 32,221 | |
41 |
7,445 | 6,668 | 4,537 | 3,811 | 12,037 | 15,390 | |
54/58 |
18,286 | 9,811 | 12,492 | 17,744 | 28,377 | 28,909 | |
490/1 |
4,932 | 10,738 | 16,463 | 17,987 | 1,860 | 665 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
51,004 | 54,971 | 67,942 | 84,913 | 117,265 | 101,102 | |
10/15 |
32,957 | 41,648 | 44,920 | 45,478 | 66,049 | 12,512 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
27,957 | 36,648 | 39,920 | 40,478 | 61,049 | 7,512 | |
133 |
27,957 | 36,648 | 39,920 | 40,478 | 61,049 | 7,512 | |
17/49 |
18,047 | 13,323 | 23,021 | 39,435 | 51,216 | 88,590 | |
17 |
- | 0 | 2,187 | 17,048 | 24,305 | 13,068 | |
170/4 |
- | 0 | 2,187 | 17,048 | 24,305 | 13,068 | |
42/48 |
17,980 | 13,257 | 20,771 | 22,387 | 26,853 | 75,468 | |
42 |
0 | 2,187 | 3,694 | 7,586 | 7,794 | 3,495 | |
43 |
19 | - | - | - | - | - | |
430/8 |
19 | - | - | - | - | - | |
44 |
15,380 | 8,114 | 5,101 | 11,422 | 8,476 | 1,471 | |
440/4 |
15,380 | 8,114 | 5,101 | 11,422 | 8,476 | 1,471 | |
46 |
- | - | - | - | - | 69,820 | |
45 |
2,581 | 2,957 | 11,976 | 3,014 | 1,394 | 681 | |
450/3 |
2,581 | 2,957 | 11,976 | 3,014 | 1,394 | 681 | |
47/48 |
- | - | 0 | 366 | 9,189 | - | |
492/3 |
67 | 66 | 64 | 0 | 57 | 55 | |
| Income statement | |||||||
9900 |
-1,893 | 9,841 | 12,076 | -2,358 | 83,497 | 12,174 | |
62 |
0 | 250 | 250 | - | - | - | |
630 |
4,111 | 7,805 | 7,506 | 14,946 | 12,028 | 3,456 | |
640/8 |
1,481 | 2,234 | 1,899 | 2,028 | 3,134 | 1,149 | |
9901 |
-7,485 | -448 | 2,421 | -19,332 | 68,335 | 7,569 | |
75/76B |
1,055 | 113 | 189 | 138 | 441 | 780 | |
75 |
1,055 | 113 | 189 | 138 | 441 | 780 | |
65/66B |
2,005 | 2,640 | 2,876 | 1,171 | 534 | 195 | |
65 |
2,005 | 2,640 | 2,876 | 1,171 | 534 | 195 | |
9903 |
-8,435 | -2,975 | -267 | -20,365 | 68,242 | 8,153 | |
67/77 |
255 | 298 | 291 | 206 | 14,705 | 642 | |
9904 |
-8,690 | -3,273 | -557 | -20,571 | 53,537 | 7,512 | |
9905 |
-8,690 | -3,273 | -557 | -20,571 | 53,537 | 7,512 | |
| Appropriation of the result | |||||||
9906 |
-8,690 | -3,273 | -557 | -20,571 | 53,537 | 7,512 | |
791/2 |
8,690 | 3,273 | 557 | 20,571 | - | - | |
691/2 |
- | - | - | 0 | 53,537 | 7,512 | |
6921 |
- | - | - | 0 | 53,537 | 7,512 | |
| Document | |||||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00247000 | |
| 31-12-2024 | micro format | 11-07-2025 | 2025-00257956 | |
| 31-12-2023 | micro format | 14-07-2024 | 2024-00251737 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00340957 | |
| 31-12-2021 | micro format | 03-07-2022 | 2022-20124341 | |
| 31-12-2020 | micro format | 22-06-2021 | 2021-23500134 |
Subsidies and aid
Flemish government 2024, 1 entry, €102 awarded, €102 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -3,374 | 7,357 | 9,927 | -4,386 | 80,363 | 11,025 | ||
| -4,579 | 4,532 | 6,949 | -5,625 | 65,565 | 10,968 | ||
| 1,074 | 4,500 | 1,137 | 1,130 | 50,488 | 27,372 | ||
| 8,475 | -2,680 | -5,253 | -10,633 | -532 | - | ||
| 28,840 | 34,491 | 36,644 | 34,336 | 28,035 | 1,718 | ||
| 64.6% | 75.8% | 66.1% | 53.6% | 56.3% | 12.4% | ||
| 2.60 | 3.60 | 2.76 | 2.53 | 2.04 | 1.02 | ||
| 0.55 | 0.32 | 0.51 | 0.87 | 0.78 | 7.08 | ||
| -26.4% | -7.9% | -1.2% | -45.2% | 81.1% | 60.0% | ||
| -17.0% | -6.0% | -0.8% | -24.2% | 45.7% | 7.4% | ||
| -1.68 | 2.79 | 3.45 | -3.74 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Pledge on other assets, amount secured | €24,633 | €24,633 | €24,633 | €24,633 | - |
| Carrying value of the other pledged assets | - | €6,062 | €6,899 | €22,810 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,074 | €4,500 | €1,137 | €1,130 | €50,488 |
| Financial fixed assets | €0 | - | - | - | - |
| €4,111 | €7,805 | €7,506 | €14,946 | €12,028 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on R-CONSTRUCT
The operating result for 2025 is a loss of €7,485, larger than the loss of €448 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 24.2% to 35.4%. Equity is lower and debt is higher.