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R.D.

Active
Private limited companyfounded 198739 yrs activeKasteellaan 59, 1652 Beersel, BelgiumKBO/BCE: BE 0430.984.856
Summary

R.D. has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,772 and a net result of -€966. Equity is shrinking by ~12.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability32▼-5
Solvency31▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.06 against 1.09 in 2024; short-term debt: 94% and cash: 0% of total assets), and 94% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 39 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
6%
Return on assets
-2.1%
Age of the figures
19 mo
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 18-06-2026, 104 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
104 d early
2025
103 d early
2024
111 d early
2023
89 d early
2022
87 d early
2021
75 d early
2020
83 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 93 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today28-02-2027 close30-09-2027 deadline
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.D. was incorporated on 1 March 1987.1 Total assets went from EUR 45,824 in 2019 to EUR 45,833 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€966▼ 455%
2024 · -€174
Working capital
€2,772▼ 25.8%
2024 · €3,738
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€562▼ 12.0%-€467▲ 16.9%-€483▼ 3.4%-€129▲ 73.3%-€921▼ 614%
Net result-€596▼ 10.2%-€512▲ 14.1%-€528▼ 3.1%-€174▲ 67.0%-€966▼ 455%
Equity€4,952▼ 10.7%€4,440▼ 10.3%€3,912▼ 11.9%€3,738▼ 4.4%€2,772▼ 25.8%
Total assets€44,846▲ 0.2%€44,734▼ 0.2%€44,931▲ 0.4%€44,919=€45,833▲ 2.0%
Debt€39,894▲ 1.8%€40,294▲ 1.0%€41,019▲ 1.8%€41,181▲ 0.4%€43,061▲ 4.6%
Working capital€3,912€3,738▼ 4.4%€2,772▼ 25.8%
Result per fiscal year
Operating resultNet result
-€1,000-€750-€500-€250€0Operating result 2021: -€562-€562Net result 2021: -€596-€596Operating result 2022: -€467-€467Net result 2022: -€512-€512Operating result 2023: -€483-€483Net result 2023: -€528-€528Operating result 2024: -€129-€129Net result 2024: -€174-€174Operating result 2025: -€921-€921Net result 2025: -€966-€96620212022202320242025-€1,000-€750-€500-€250€0Operating result 2023: -€483-€483Net result 2023: -€528-€528Operating result 2024: -€129-€129Net result 2024: -€174-€174Operating result 2025: -€921-€921Net result 2025: -€966-€966202320242025
The operating result stays negative: a loss of €921 in 2025 against €129 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €45,833
Equity €2,772 ▼ 25.8%
Debt €43,061 ▲ 4.6%
Debt's share of the balance-sheet total rises from 91.7% to 94.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.06▼
2024 · 1.09
Debt to equity
15.53▲
2024 · 11.02
ROE
-34.8%▼
2024 · -4.7%
ROA
-2.1%▼
2024 · -0.4%
Debt ≤ 1 year
€43,061▲
2024 · €41,181
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a small loss
2.3% went bankrupt
4.5% stopped otherwise
93% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 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% 1.9%
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 974 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 · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€44,919€45,833▲
Current assets29/58€44,919€45,833▲
Amounts receivable after more than one year29€8,972€8,972=
Other amounts receivable291€8,972€8,972=
Amounts receivable within one year40/41-€36,851
Other amounts receivable41-€36,851
Cash at bank and in hand54/58€35,947€10▼
Equity and liabilities
Total equity and liabilities10/49€44,919€45,833▲
Equity10/15€3,738€2,772▼
Contributions10/11€6,197€6,197=
Capital10€6,197€6,197=
Issued capital100€6,197€6,197=
Reserves13€1,055€1,055=
Non-distributable reserves130/1€1,055€1,055=
Legal reserve130€1,055€1,055=
Profit (loss) carried forward14-€3,514-€4,480▼
Amounts payable17/49€41,181€43,061▲
Amounts payable within one year42/48€41,181€43,061▲
Other amounts payable47/48€41,181€43,061▲
Income statement Code20242025
Gross operating margin9900-€129-€921▼
Operating profit (loss)9901-€129-€921▼
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€174-€966▼
Profit (loss) for the period9904-€174-€966▼
Profit (loss) for the period to be appropriated9905-€174-€966▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,514-€4,480▼
Profit (loss) brought forward from the previous period14P-€3,340-€3,514▼
Line20212022202320242025Change
Gross operating margin9900-€562-€467-€483-€129-€921▼ 614%
Operating profit (loss)9901-€562-€467-€483-€129-€921▼ 614%
Financial charges65/66B-€45€45€45€45=
Recurring financial charges65€34€45€45€45€45=
Profit (loss) for the period before taxes9903-€596-€512-€528-€174-€966▼ 455%
Profit (loss) for the period9904-€596-€512-€528-€174-€966▼ 455%
Profit (loss) for the period to be appropriated9905-€596-€512-€528-€174-€966▼ 455%
Line20212022202320242025Change
Assets
Total assets20/58€44,846€44,734€44,931€44,919€45,833▲ 2.0%
Current assets29/58€44,846€44,734€44,931€44,919€45,833▲ 2.0%
Amounts receivable after more than one year29-€8,972€8,972€8,972€8,972=
Other amounts receivable291-€8,972€8,972€8,972€8,972=
Amounts receivable within one year40/41----€36,851-
Other amounts receivable41----€36,851-
Cash at bank and in hand54/58€35,874€35,762€35,959€35,947€10▼ 100.0%
Equity and liabilities
Total equity and liabilities10/49€44,846€44,734€44,931€44,919€45,833▲ 2.0%
Equity10/15€4,952€4,440€3,912€3,738€2,772▼ 25.8%
Contributions10/11€6,197€6,197€6,197€6,197€6,197=
Capital10-€6,197€6,197€6,197€6,197=
Issued capital100-€18,592€18,592€6,197€6,197=
Uncalled capital101-€12,395€12,395---
Reserves13€1,055€1,055€1,055€1,055€1,055=
Non-distributable reserves130/1-€1,055€1,055€1,055€1,055=
Legal reserve130-€1,055€1,055€1,055€1,055=
Profit (loss) carried forward14-€2,300-€2,812-€3,340-€3,514-€4,480▼ 27.5%
Amounts payable17/49€39,894€40,294€41,019€41,181€43,061▲ 4.6%
Amounts payable within one year42/48--€41,019€41,181€43,061▲ 4.6%
Other amounts payable47/48--€41,019€41,181€43,061▲ 4.6%
Accrued charges and deferred income492/3-€40,294----
Line20212022202320242025Change
Profit (loss) for the period9904-€596-€512-€528-€174-€966▼ 455%
Operating cash flow (approximation)-€596-€512-€528-€174-€966▼ 455%
Change in cash--€112€197-€12-€35,937▼ 299,375%

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

Next filing, fiscal year 2027, expected by 30-09-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
28-02
Financial Weakest financial yearnet -€966
Net result drops to -€966, the lowest in the series.
2024
11-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
17-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2019
15-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
14-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Beersel · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
1,101 m²
Building footprint
147 m²
Volume, LiDAR
684 m³
Parcel 23001A0076/00C000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
R.D.
Kasteellaan 59, 1652 BeerselNACE 7412101
since 19872.031.534.148
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23001A0076/00C000 Flanders 1,101 m² 1 · 147 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
Founded01-03-1987
Fiscal year end28-02
Contact
Phone 0498020383Beersel
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.

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

Register as of 29 September 2026 · Peppol Directory

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