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R-Consult

Active
Private limited company (pre-2019)founded 200719 yrs activeWilgierlaan(Moe) 3, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0888.740.130
Summary

The computed 12-month bankruptcy probability of R-Consult is 1.9% (moderate). The 2024 annual accounts show negative equity (-€94,731) and a net result of -€11,510. Equity is shrinking by ~12.5% per year across the filed fiscal years. The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability8▼-46
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.02 in 2023; short-term debt: 170.5% and cash: 1.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-71.8%
Return on assets
-8.7%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€94,731
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
153 d late
2022
60 d late
2021
150 d late
2020
243 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 127 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

R-Consult was incorporated on 13 April 2007.1 Total assets fell from EUR 199,164 in 2018 to EUR 131,931 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€94,731▼ 13.8%
2023 · -€83,221
Total assets
€131,931▼ 6.9%
2023 · €141,755
Net result
-€11,510▼ 62.7%
2023 · -€7,075
Working capital
-€223,025▼ 1.6%
2023 · -€219,515
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€8,178▲ 36.7%-€7,068▲ 13.6%-€4,481▲ 36.6%-€6,729▼ 50.2%-€11,169▼ 66.0%
Net result-€9,347▲ 38.1%-€7,575▲ 19.0%-€7,358▲ 2.9%-€7,075▲ 3.8%-€11,510▼ 62.7%
Equity-€61,213▼ 18.0%-€68,788▼ 12.4%-€76,146▼ 10.7%-€83,221▼ 9.3%-€94,731▼ 13.8%
Total assets€174,093▼ 4.1%€160,532▼ 7.8%€152,883▼ 4.8%€141,755▼ 7.3%€131,931▼ 6.9%
Debt€235,306▲ 0.8%€229,320▼ 2.5%€229,030▼ 0.1%€224,976▼ 1.8%€226,662▲ 0.7%
Working capital-€226,847▲ 1.0%-€224,541▲ 1.0%-€220,904▲ 1.6%-€219,515▲ 0.6%-€223,025▼ 1.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2020: -€8,178-€8,178Net result 2020: -€9,347-€9,347Operating result 2021: -€7,068-€7,068Net result 2021: -€7,575-€7,575Operating result 2022: -€4,481-€4,481Net result 2022: -€7,358-€7,358Operating result 2023: -€6,729-€6,729Net result 2023: -€7,075-€7,075Operating result 2024: -€11,169-€11,169Net result 2024: -€11,510-€11,51020202021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: -€4,481-€4,480Net result 2022: -€7,358-€7,360Operating result 2023: -€6,729-€6,730Net result 2023: -€7,075-€7,080Operating result 2024: -€11,169-€11,200Net result 2024: -€11,510-€11,500202220232024
The operating result stays negative: a loss of €11,169 in 2024 against €6,729 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131,931
Fixed assets €130,000 ▼ 5.8%
Current assets €1,931 ▼ 48.6%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€3,169▼
2023 · €1,735
Cash flow
-€3,510▼
2023 · €1,389
Solvency
-71.8%▼
2023 · -58.7%
Current ratio
0.01▼
2023 · 0.02
Debt to equity
-2.39▲
2023 · -2.70
ROA
-8.7%▼
2023 · -5.0%
Interest coverage
-9.29▼
2023 · 5.01
Debt ≤ 1 year
€224,956▲
2023 · €223,270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.8% went bankrupt
5.8% stopped otherwise
91% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,332 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€141,755€131,931▼
Fixed assets21/28€138,000€130,000▼
Tangible fixed assets22/27€138,000€130,000▼
Land and buildings22€138,000€130,000▼
Current assets29/58€3,755€1,931▼
Amounts receivable after more than one year29€1,926€0▼
Trade receivables290€1,926€0▼
Cash at bank and in hand54/58€1,829€1,931▲
Equity and liabilities
Total equity and liabilities10/49€141,755€131,931▼
Equity10/15-€83,221-€94,731▼
Contributions10/11€6,300€6,300=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€91,381-€102,891▼
Amounts payable17/49€224,976€226,662▲
Amounts payable within one year42/48€223,270€224,956▲
Trade debts44€6,777€0▼
Suppliers440/4€6,777€0▼
Taxes, remuneration and social security45€148€148=
Taxes450/3€148€148=
Other amounts payable47/48€216,345€224,808▲
Accrued charges and deferred income492/3€1,706€1,706=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,464€8,000▼
Other operating charges640/8€743€1,413▲
Gross operating margin9900€2,478-€1,756▼
Operating profit (loss)9901-€6,729-€11,169▼
Financial charges65/66B€346€341▼
Recurring financial charges65€346€341▼
Profit (loss) for the period before taxes9903-€7,075-€11,510▼
Profit (loss) for the period9904-€7,075-€11,510▼
Profit (loss) for the period to be appropriated9905-€7,075-€11,510▼
Appropriation of the result
Profit (loss) to be appropriated9906-€91,381-€102,891▼
Profit (loss) brought forward from the previous period14P-€84,306-€91,381▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,422€9,759€9,759€8,464€8,000▼ 5.5%
Other operating charges640/8-€2,918€1,227€743€1,413▲ 90.2%
Gross operating margin9900€5,664€5,610€6,505€2,478-€1,756▼ 171%
Operating profit (loss)9901-€8,178-€7,068-€4,481-€6,729-€11,169▼ 66.0%
Recurring financial income75€0-----
Financial charges65/66B-€181€570€346€341▼ 1.4%
Recurring financial charges65€859€181€570€346€341▼ 1.4%
Profit (loss) for the period before taxes9903-€9,036-€7,248-€5,051-€7,075-€11,510▼ 62.7%
Income taxes67/77€311€327€2,307---
Profit (loss) for the period9904-€9,347-€7,575-€7,358-€7,075-€11,510▼ 62.7%
Profit (loss) for the period to be appropriated9905-€9,347-€7,575-€7,358-€7,075-€11,510▼ 62.7%
Line20202021202220232024Change
Assets
Total assets20/58€174,093€160,532€152,883€141,755€131,931▼ 6.9%
Fixed assets21/28€165,981€156,222€146,464€138,000€130,000▼ 5.8%
Tangible fixed assets22/27€165,981€156,222€146,464€138,000€130,000▼ 5.8%
Land and buildings22-€156,222€146,464€138,000€130,000▼ 5.8%
Current assets29/58€8,111€4,309€6,420€3,755€1,931▼ 48.6%
Amounts receivable after more than one year29---€1,926€0▼ 100%
Trade receivables290---€1,926€0▼ 100%
Amounts receivable within one year40/41€1,248-€926---
Trade receivables40--€926---
Cash at bank and in hand54/58€6,864€4,309€5,494€1,829€1,931▲ 5.6%
Equity and liabilities
Total equity and liabilities10/49€174,093€160,532€152,883€141,755€131,931▼ 6.9%
Equity10/15-€61,213-€68,788-€76,146-€83,221-€94,731▼ 13.8%
Contributions10/11-€6,300€6,300€6,300€6,300=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€69,373-€76,948-€84,306-€91,381-€102,891▼ 12.6%
Amounts payable17/49€235,306€229,320€229,030€224,976€226,662▲ 0.7%
Amounts payable within one year42/48€234,958€228,850€227,324€223,270€224,956▲ 0.8%
Trade debts44€1,034€176-€6,777€0▼ 100%
Suppliers440/4-€176-€6,777€0▼ 100%
Taxes, remuneration and social security45-€637€148€148€148=
Taxes450/3-€637€148€148€148=
Other amounts payable47/48-€228,037€227,176€216,345€224,808▲ 3.9%
Accrued charges and deferred income492/3-€470€1,706€1,706€1,706=
Line20202021202220232024Change
Profit (loss) for the period9904-€9,347-€7,575-€7,358-€7,075-€11,510▼ 62.7%
+ Depreciation and write-downs630€11,422€9,759€9,759€8,464€8,000▼ 5.5%
Operating cash flow (approximation)€2,076€2,184€2,401€1,389-€3,510▼ 353%
Investment in fixed assets (approximation)-€0€0-€0€0▲ 100%
Change in cash--€2,555€1,185-€3,665€102▲ 103%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
28-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 150 days late
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 243 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
26-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 148 days late
21-02
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 205 days late
2016
29-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 151 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Geraardsbergen · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
1,685 m²
Building footprint
527 m²
Volume, LiDAR
2,832 m³
2 parcels, Flanders · tallest building 14.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
R-CONSULT
Gentsestraat 105, 9500 GeraardsbergenManufacture of rubber and plastic products
since 20072.162.093.178
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41041B0506/00L000 Flanders 1,247 m² 1 · 232 m² 5.2 m · 1 fl.
41043A0289/00H000 Flanders 439 m² 1 · 295 m² 14.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded13-04-2007
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.