R-CONSTRUCTIONS
ActiveSummary
R-CONSTRUCTIONS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €7k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 830 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-21
Solvency100▲+4
Growth31▲+8
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 5.47 against 2.52 in 2024; short-term debt: 17.5% and cash: 25.6% of total assets), and 22.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.1%
Return on assets
11%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €52k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
49 d early
2023
63 d early
2022
28 d late
2021
26 d late
2020
18 d late
2019
116 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€305k▲ 57.9%
2024 · €193k
2018: €332k
2020: €379k
2022: €146k
2023: €42k
2024: €193k
2018 → 2025
EBIT margin
2.8%▼ 6.4pp
2024 · 9.2%
2018: 14.6%
2020: -0.3%
2022: -24.5%
2023: -103.9%
2024: 9.2%
2018 → 2025
Net result
€7k▼ 56.6%
2024 · €17k
2018: €34k
2019: €11k
2020: €2k
2021: €677
2022: €-44k
2023: €-43k
2024: €17k
2018 → 2025
Working capital
€53k▲ 91.2%
2024 · €28k
2018: €86k
2019: €92k
2020: €92k
2021: €98k
2022: €58k
2023: €25k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€146k€42k▼ 71.0%€193k▲ 356%€305k▲ 57.9%
Equity€107k-€63k▼ 41.0%€27k▼ 56.6%€45k▲ 62.7%€52k▲ 16.7%
Operating result€-2k-€-36k▼ 1,810%€-44k▼ 22.7%€18k€9k▼ 51.8%
Net result€677-€-44k€-43k▲ 2.0%€17k€7k▼ 56.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€3k ▼ 82.3%
Current assets
€65k ▲ 41.3%
Equity and liabilities €68k
Equity
€52k ▲ 16.7%
Debt
€16k ▼ 14.4%
Debt's share of the balance-sheet total falls from 28.9% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €22k
Cash flow
€14k▼
2024 · €22k
Current ratio
5.47▲
2024 · 2.52
Quick ratio
4.01▲
2024 · 2.52
Debt to equity
0.30▼
2024 · 0.41
ROE
14.3%▼
2024 · 38.5%
ROA
11.0%▼
2024 · 27.4%
Interest coverage
22.95▼
2024 · 42.29
Debt ≤ 1 year
€12k▼
2024 · €18k
Income taxes
€440▲
2024 · €-5
Staff costs
€33k▲
2024 · €13
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63k€68k▲
Fixed assets21/28€17k€3k▼
Tangible fixed assets22/27€17k€3k▼
Furniture and vehicles24€17k€3k▼
Current assets29/58€46k€65k▲
Stocks and contracts in progress3-€17k
Contracts in progress37-€17k
Amounts receivable within one year40/41€43k€30k▼
Trade receivables40€7k€2k▼
Other amounts receivable41€35k€28k▼
Cash at bank and in hand54/58€3k€17k▲
Deferred charges and accrued income490/1-€50
Equity and liabilities
Total equity and liabilities10/49€63k€68k▲
Equity10/15€45k€52k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€37k€44k▲
Amounts payable17/49€18k€16k▼
Amounts payable within one year42/48€18k€12k▼
Trade debts44€18k€11k▼
Suppliers440/4€18k€11k▼
Bills of exchange payable441€198-
Taxes, remuneration and social security45-€442
Taxes450/3-€442
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Turnover70€193k€305k▲
Non-recurring operating income76A€9k€22k▲
Goods, raw materials, services and sundry goods60/61€177k€277k▲
Remuneration, social security and pensions62€13€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€24k€50k▲
Operating profit (loss)9901€18k€9k▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€522€647▲
Recurring financial charges65€522€647▲
Profit (loss) for the period before taxes9903€17k€8k▼
Income taxes67/77€-5€440▲
Profit (loss) for the period9904€17k€7k▼
Profit (loss) for the period to be appropriated9905€17k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€44k▲
Profit (loss) brought forward from the previous period14P€19k€37k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity doublescurrent ratio 5.47
Current ratio from 2.52 to 5.47; short-term debt falls from €18k to €12k.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-44k ▼6587%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 116 days late
2019
31-12
Financial
Equity above €100kEq €104k ▲11.9%
2 profitable years in a row build equity to €104k.
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 33 days late
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 79 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Charleroi · 1 establishment unit since 2014
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.
Rue Gillard 506043 CharleroiGround area
2,013 m²
Building footprint
170 m²
Parcel 52058A0849/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
R-CONSTRUCTIONS
since 20142.232.318.309
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52058A0849/00E000 | Wallonia | 2,013 m² | 1 · 170 m² | - |
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.
Similar companies · same sector, comparable size
BB Construct & Renovation
BE 0761.528.390
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CREATIVE GROUP
BE 0555.837.318
Koekelberg · Eq €52,167
DABRU
BE 0832.187.447
Brussel · Eq €52,214
ALGEMENE BOUWWERKEN LKS
BE 0563.575.938
Beringen · Eq €52,146
DAMAT
BE 0783.760.493
Meise · Eq €52,240
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.