R&D EVENTS
ActiveSummary
R&D EVENTS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €10k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 75% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 7.95 in 2024; short-term debt: 16.6% and cash: 26.6% of total assets), and 20.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
79.1%
Return on assets
5.6%
Age of the figures
18 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-11-2025, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
1 d early
2023
1 d early
2022
31 d early
2021
4 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€147k▲ 1.6%
2024 · €145k
2019: €130k
2020: €126k▼ -3.1% vs 2019
2021: €99k▼ -21.3% vs 2020lowest in 7 years
2022: €134k▲ +34.6% vs 2021
2023: €136k▲ +2.2% vs 2022
2024: €145k▲ +5.9% vs 2023
2025: €147k▲ +1.6% vs 2024highest in 7 years
2019 → 2025
Total assets
€186k▲ 11.7%
2024 · €166k
2019: €138k
2020: €138k▼ -0.5% vs 2019
2021: €127k▼ -7.3% vs 2020lowest in 7 years
2022: €144k▲ +12.9% vs 2021
2023: €150k▲ +4.5% vs 2022
2024: €166k▲ +10.4% vs 2023
2025: €186k▲ +11.7% vs 2024highest in 7 years
2019 → 2025
Net result
€10k▲ 27.2%
2024 · €8k
2019: €8k
2020: €-4k▼ -149% vs 2019
2021: €-27k▼ -560% vs 2020lowest in 7 years
2022: €34k▲ +228% vs 2021highest in 7 years
2023: €18k▼ -47.9% vs 2022
2024: €8k▼ -54.7% vs 2023
2025: €10k▲ +27.2% vs 2024
2019 → 2025
Working capital
€80k▼ 39.3%
2024 · €131k
2019: €87k
2020: €102k▲ +17.3% vs 2019
2021: €94k▼ -8.0% vs 2020
2022: €126k▲ +34.5% vs 2021
2023: €133k▲ +5.1% vs 2022highest in 7 years
2024: €131k▼ -0.9% vs 2023
2025: €80k▼ -39.3% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€134k▲ 34.6%€136k▲ 2.2%€145k▲ 5.9%€147k▲ 1.6%
2021: €99klowest in 5 years
2022: €134k▲ +34.6% vs 2021
2023: €136k▲ +2.2% vs 2022
2024: €145k▲ +5.9% vs 2023
2025: €147k▲ +1.6% vs 2024highest in 5 years
Operating result€-25k-€39k€21k▼ 47.4%€13k▼ 38.3%€16k▲ 24.3%
2021: €-25klowest in 5 years
2022: €39k▲ +254% vs 2021highest in 5 years
2023: €21k▼ -47.4% vs 2022
2024: €13k▼ -38.3% vs 2023
2025: €16k▲ +24.3% vs 2024
Net result€-27k-€34k€18k▼ 47.9%€8k▼ 54.7%€10k▲ 27.2%
2021: €-27klowest in 5 years
2022: €34k▲ +228% vs 2021highest in 5 years
2023: €18k▼ -47.9% vs 2022
2024: €8k▼ -54.7% vs 2023
2025: €10k▲ +27.2% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€75k ▲ 377%
Current assets
€111k ▼ 26.5%
Equity and liabilities €186k
Equity
€147k ▲ 1.6%
Debt
€39k ▲ 79.9%
Debt's share of the balance-sheet total rises from 13.0% to 20.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €17k
Cash flow
€24k▲
2024 · €12k
Current ratio
3.59▼
2024 · 7.95
Quick ratio
3.15▼
2024 · 7.95
Debt to equity
0.26▲
2024 · 0.15
ROE
7.0%▲
2024 · 5.6%
ROA
5.6%▲
2024 · 4.9%
Interest coverage
33.61▲
2024 · 21.57
Debt ≤ 1 year
€31k▲
2024 · €19k
Income taxes
€5k▲
2024 · €4k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€166k€186k▲
Fixed assets21/28€16k€75k▲
Tangible fixed assets22/27€16k€75k▲
Plant, machinery and equipment23€16k€69k▲
Furniture and vehicles24€227€6k▲
Current assets29/58€150k€111k▼
Stocks and contracts in progress3-€14k
Stocks30/36-€14k
Amounts receivable within one year40/41€37k€3k▼
Trade receivables40€13k€3k▼
Other amounts receivable41€24k€323▼
Cash at bank and in hand54/58€96k€49k▼
Deferred charges and accrued income490/1€17k€45k▲
Equity and liabilities
Total equity and liabilities10/49€166k€186k▲
Equity10/15€145k€147k▲
Contributions10/11€73k€73k=
Reserves13€72k€74k▲
Distributable reserves133€72k€74k▲
Amounts payable17/49€22k€39k▲
Amounts payable within one year42/48€19k€31k▲
Current portion of amounts payable after more than one year42€750€3k▲
Trade debts44€90€41▼
Suppliers440/4€90€41▼
Advances received on contracts in progress46€14k€3k▼
Taxes, remuneration and social security45€867€5k▲
Taxes450/3€867€5k▲
Other amounts payable47/48€3k€20k▲
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€13k▲
Other operating charges640/8€596€477▼
Gross operating margin9900€17k€30k▲
Operating profit (loss)9901€13k€16k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€774€867▲
Recurring financial charges65€774€867▲
Profit (loss) for the period before taxes9903€12k€15k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€8k€10k▲
Profit (loss) for the period to be appropriated9905€8k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€10k▲
Transfer from equity791/2-€8k
Transfer to equity691/2€8k€10k▲
To other reserves6921€8k€10k▲
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €3k | €4k | €13k | ▲ 237% |
| Other operating charges640/8 | - | €405 | €507 | €596 | €477 | ▼ 20.0% |
| Gross operating margin9900 | €-18k | €49k | €24k | €17k | €30k | ▲ 71.3% |
| Operating profit (loss)9901 | €-25k | €39k | €21k | €13k | €16k | ▲ 24.3% |
| Financial income75/76B | - | - | - | - | €10 | - |
| Recurring financial income75 | - | - | - | - | €10 | - |
| Financial charges65/66B | - | €823 | €864 | €774 | €867 | ▲ 12.0% |
| Recurring financial charges65 | €1k | €823 | €864 | €774 | €867 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €-27k | €38k | €20k | €12k | €15k | ▲ 25.2% |
| Income taxes67/77 | €116 | €4k | €2k | €4k | €5k | ▲ 21.0% |
| Profit (loss) for the period9904 | €-27k | €34k | €18k | €8k | €10k | ▲ 27.2% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €34k | €18k | €8k | €10k | ▲ 27.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €127k | €144k | €150k | €166k | €186k | ▲ 11.7% |
| Fixed assets21/28 | €15k | €7k | €4k | €16k | €75k | ▲ 377% |
| Tangible fixed assets22/27 | €15k | €7k | €4k | €16k | €75k | ▲ 377% |
| Plant, machinery and equipment23 | - | €6k | €4k | €16k | €69k | ▲ 343% |
| Furniture and vehicles24 | - | €1k | €627 | €227 | €6k | ▲ 2,696% |
| Current assets29/58 | €112k | €137k | €146k | €150k | €111k | ▼ 26.5% |
| Stocks and contracts in progress3 | - | - | - | - | €14k | - |
| Stocks30/36 | - | - | - | - | €14k | - |
| Amounts receivable within one year40/41 | €85k | €23k | €24k | €37k | €3k | ▼ 92.3% |
| Trade receivables40 | - | €1k | €3k | €13k | €3k | ▼ 80.3% |
| Other amounts receivable41 | - | €22k | €21k | €24k | €323 | ▼ 98.7% |
| Cash at bank and in hand54/58 | €23k | €64k | €116k | €96k | €49k | ▼ 48.6% |
| Deferred charges and accrued income490/1 | - | €49k | €7k | €17k | €45k | ▲ 161% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €127k | €144k | €150k | €166k | €186k | ▲ 11.7% |
| Equity10/15 | €99k | €134k | €136k | €145k | €147k | ▲ 1.6% |
| Contributions10/11 | - | €73k | €73k | €73k | €73k | = |
| Reserves13 | €27k | €61k | €64k | €72k | €74k | ▲ 3.2% |
| Distributable reserves133 | - | €61k | €64k | €72k | €74k | ▲ 3.2% |
| Amounts payable17/49 | €28k | €10k | €14k | €22k | €39k | ▲ 79.9% |
| Amounts payable within one year42/48 | €18k | €10k | €14k | €19k | €31k | ▲ 62.9% |
| Current portion of amounts payable after more than one year42 | - | - | €750 | €750 | €3k | ▲ 289% |
| Trade debts44 | - | - | €992 | €90 | €41 | ▼ 54.0% |
| Suppliers440/4 | - | - | €992 | €90 | €41 | ▼ 54.0% |
| Advances received on contracts in progress46 | - | €1k | - | €14k | €3k | ▼ 79.0% |
| Taxes, remuneration and social security45 | - | €4k | €7k | €867 | €5k | ▲ 490% |
| Taxes450/3 | - | €4k | €7k | €867 | €5k | ▲ 490% |
| Other amounts payable47/48 | - | €5k | €4k | €3k | €20k | ▲ 601% |
| Accrued charges and deferred income492/3 | - | - | €300 | €3k | €8k | ▲ 202% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €34k | €18k | €8k | €10k | ▲ 27.2% |
| + Depreciation and write-downs630 | €9k | €9k | €3k | €4k | €13k | ▲ 237% |
| Operating cash flow (approximation) | €-18k | €43k | €21k | €12k | €24k | ▲ 95.8% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-16k | €-73k | ▼ 368% |
| Change in cash | - | €41k | €51k | €-20k | €-47k | ▼ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
07-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-03
Financial
Liquidity doublescurrent ratio 13.19
Current ratio from 6.08 to 13.19; short-term debt falls from €18k to €10k.
31-03
Financial
Equity above €100kEq €134k ▲34.6%
Equity rises from €99k to €134k.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Lievegem · 1 establishment unit since 1999
Ground area
574 m²
Building footprint
286 m²
Volume, LiDAR
1,638 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Grootrietveldstraat 9, 9120 Beveren-Kruibeke-Zwijndrecht
since 19992.092.477.565
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010B0209/00L000 | Flanders | 347 m² | 1 · 92 m² | 10.4 m · 2 fl. |
| 44072E0854/00P000 | Flanders | 227 m² | 1 · 194 m² | 10.4 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 3,780 EUR awarded · 3,780 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 3,780 EUR |
| 2023 | 1 | 3,780 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,846 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-09-1999
Fiscal year end31-03
Abbreviation NL
TCB
Activities, NACEBEL 2025
70200Business and other management consultancy
46499Wholesale of other household goods
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.