R&D DESIGN
ActiveR&D DESIGN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-20k) and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.82 in 2024; short-term debt: 147.9% and cash: 31.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-47.9%
Return on assets
-22.6%
Age of the figures
12 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
on the day
2023
2 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-20k▼ 89.1%
2024 · €-10k
2018: €-9k
2019: €-12k
2020: €4k
2021: €1k
2022: €5k
2023: €-3k
2024: €-10k
2018 → 2025
Total assets
€41k▼ 17.7%
2024 · €50k
2018: €33k
2019: €37k
2020: €57k
2021: €52k
2022: €56k
2023: €58k
2024: €50k
2018 → 2025
Net result
€-9k▼ 26.2%
2024 · €-7k
2018: €-1k
2019: €-3k
2020: €9k
2021: €-3k
2022: €3k
2023: €-8k
2024: €-7k
2018 → 2025
Working capital
€-21k▼ 87.9%
2024 · €-11k
2018: €-12k
2019: €-13k
2020: €311
2021: €-2k
2022: €3k
2023: €-4k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€5k▲ 273%€-3k€-10k▼ 240%€-20k▼ 89.1%
Operating result€-3k-€6k€-7k€-7k▲ 5.4%€-9k▼ 37.2%
Net result€-3k-€3k€-8k€-7k▲ 4.6%€-9k▼ 26.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €7k 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
Assets €41k
Fixed assets
€1k=
Current assets
€40k▼ 18.1%
Key figures and ratios
Solvency
-47.9%▼
2024 · -20.9%
Current ratio
0.66▼
2024 · 0.82
Quick ratio
0.66▼
2024 · 0.82
Debt / equity
-3.09▲
2024 · -5.79
ROA
-22.6%▼
2024 · -14.7%
Debt
€61k▲
2024 · €60k
Debt ≤ 1 year
€61k▲
2024 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€50k€41k▼
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€49k€40k▼
Amounts receivable within one year40/41€37k€26k▼
Trade receivables40€37k€26k▼
Cash at bank and in hand54/58€11k€13k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€50k€41k▼
Equity10/15€-10k€-20k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Outside capital11-€19k
Other1109/19-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-31k€-40k▼
Amounts payable17/49€60k€61k▲
Amounts payable within one year42/48€60k€61k▲
Trade debts44€19k€22k▲
Suppliers440/4€19k€22k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€37k€35k▼
Accrued charges and deferred income492/3€440-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€452-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-5k€-7k▼
Operating profit (loss)9901€-7k€-9k▼
Financial charges65/66B€120€143▲
Recurring financial charges65€120€143▲
Profit (loss) for the period before taxes9903€-7k€-9k▼
Income taxes67/77€571-
Profit (loss) for the period9904€-7k€-9k▼
Profit (loss) for the period to be appropriated9905€-7k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-40k▼
Profit (loss) brought forward from the previous period14P€-24k€-31k▼
The notes to these accounts (3 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
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-09
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-05
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, Rixensart · 1 establishment unit since 2000
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 Dyna Beumer 61330 RixensartGround area
2,441 m²
Building footprint
137 m²
Volume, LiDAR
1,462 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
R & D
since 20002.088.849.369
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091D0135/00C000 | Wallonia | 2,045 m² | 1 · 91 m² | 14.2 m · 4 fl. |
| 25091A1223/00C000 | Wallonia | 396 m² | 1 · 46 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VLOEREN FOSSELLE STIJN
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Of 4,096 companies in sector 43240 we hold annual accounts for 1,631. 582 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-1998
Fiscal year end30-09
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:denis@vanmoorsel.be