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R.D.S.

Active
Public limited companyfounded 198739 yrs activeHoogstraat 103, 8540 Deerlijk, BelgiumKBO/BCE: BE 0431.905.762

R.D.S. has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.13M and a net result of €261k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+1
Solvency66▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.9 in 2023; short-term debt: 36.8% and cash: 4.2% of total assets), and 58.7% 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 riskneutral
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
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
41.3%
Return on assets
9.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
9 d early
2023
12 d early
2022
25 d late
2021
4 d early
2020
11 d early
2019
36 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€1.13M▲ 6.8%
2023 · €1.06M
2018: €507k 2019: €551k 2020: €643k 2021: €649k 2022: €848k 2023: €1.06M
2018 → 2024
Total assets
€2.73M▲ 22.4%
2023 · €2.23M
2018: €1.98M 2019: €1.89M 2020: €1.94M 2021: €2.01M 2022: €2.19M 2023: €2.23M
2018 → 2024
Net result
€261k▲ 26.0%
2023 · €207k
2018: €-33k 2019: €44k 2020: €77k 2021: €6k 2022: €200k 2023: €207k
2018 → 2024
Working capital
€319k▼ 14.3%
2023 · €372k
2018: €-241k 2019: €-258k 2020: €-201k 2021: €38k 2022: €226k 2023: €372k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€643k-€649k▲ 0.9%€848k▲ 30.8%€1.06M▲ 24.4%€1.13M▲ 6.8%
Operating result€123k-€24k▼ 80.4%€298k▲ 1,132%€302k▲ 1.3%€378k▲ 25.3%
Net result€77k-€6k▼ 92.6%€200k▲ 3,410%€207k▲ 3.7%€261k▲ 26.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2020: €123k€123kNet result 2020: €77k€77kOperating result 2021: €24k€24kNet result 2021: €6k€6kOperating result 2022: €298k€298kNet result 2022: €200k€200kOperating result 2023: €302k€302kNet result 2023: €207k€207kOperating result 2024: €378k€378kNet result 2024: €261k€261k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.73M
Fixed assets €1.41M▼ 2.7%
Current assets €1.32M▲ 68.5%
Equity and liabilities €2.73M
Equity €1.13M▲ 6.8%
Provisions €33k▼ 4.4%
Debt €1.57M▲ 37.7%
The debt ratio rises from 51.1% to 57.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€514k
2023 · €433k
Cash flow
€397k
2023 · €338k
Solvency
41.3%
2023 · 47.4%
Current ratio
1.32
2023 · 1.90
Quick ratio
1.32
2023 · 1.90
Debt / equity
1.39
2023 · 1.08
ROE
23.2%
2023 · 19.6%
ROA
9.6%
2023 · 9.3%
Interest coverage
14.10
2023 · 28.83
Debt
€1.57M
2023 · €1.14M
Debt ≤ 1 year
€1.00M
2023 · €412k
Debt > 1 year
€539k
2023 · €719k
Income taxes
€117k
2023 · €100k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.23M€2.73M
Fixed assets21/28€1.44M€1.41M
Tangible fixed assets22/27€1.36M€1.33M
Land and buildings22€1.32M€1.23M
Furniture and vehicles24€40k€97k
Financial fixed assets28€80k€80k=
Current assets29/58€785k€1.32M
Amounts receivable after more than one year29€447k€137k
Other amounts receivable291€447k€137k
Amounts receivable within one year40/41€146k€228k
Trade receivables40€32k€34k
Other amounts receivable41€114k€193k
Current investments50/53€82k€832k
Cash at bank and in hand54/58€100k€114k
Deferred charges and accrued income490/1€8k€12k
Equity and liabilities
Total equity and liabilities10/49€2.23M€2.73M
Equity10/15€1.06M€1.13M
Contributions10/11€67k€67k=
Capital10€67k€67k=
Issued capital100€67k€67k=
Reserves13€989k€1.06M
Non-distributable reserves130/1€89k€89k=
Legal reserve130€7k€7k=
Own shares acquired1312€82k€82k=
Tax-exempt reserves132€103k€99k
Distributable reserves133€797k€872k
Profit (loss) carried forward14€4€4=
Provisions and deferred taxes16€34k€33k
Deferred taxes168€34k€33k
Amounts payable17/49€1.14M€1.57M
Amounts payable after more than one year17€719k€539k
Financial debts170/4€719k€539k
Amounts payable within one year42/48€412k€1.00M
Current portion of amounts payable after more than one year42€170k€139k
Trade debts44€10k€7k
Suppliers440/4€10k€7k
Taxes, remuneration and social security45€221k€222k
Taxes450/3€221k€222k
Other amounts payable47/48€12k€635k
Accrued charges and deferred income492/3€8k€26k
Income statement Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€136k
Other operating charges640/8€17k€16k
Non-recurring operating charges66A-€506
Gross operating margin9900€449k€530k
Operating profit (loss)9901€302k€378k
Financial income75/76B€19k€42k
Recurring financial income75€19k€42k
Financial charges65/66B€15k€44k
Recurring financial charges65€15k€36k
Non-recurring financial charges66B-€7k
Profit (loss) for the period before taxes9903€305k€376k
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€100k€117k
Profit (loss) for the period9904€207k€261k
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€212k€266k
Appropriation of the result
Profit (loss) to be appropriated9906€212k€266k
Profit (loss) brought forward from the previous period14P€4€4=
Transfer from equity791/2-€190k
Transfer to equity691/2€212k€266k
To other reserves6921€212k€266k
Profit to be distributed694/7-€190k
Return on contributions (dividend)694-€190k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €261k ▲26%
Operating result €378k, net result €261k, both a record.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €1MEq €1.06M ▲24.4%
5 profitable years in a row build equity to €1.06M.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity doublescurrent ratio 1.10
Current ratio from 0.54 to 1.10; short-term debt falls from €433k to €367k.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €44k
Net result €44k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
03-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Deerlijk · 1 establishment unit since 1987
establishment The establishment unit on the map
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.

Hoogstraat 1038540 Deerlijk
Ground area
1,179 m²
Building footprint
406 m²
Volume, LiDAR
3,236 m³
Parcel 34392C0004/00N002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
R.D.S.
Hoogstraat 103, 8540 DeerlijkNACE 7020101
since 19872.030.949.970
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34392C0004/00N002 Flanders 1,179 m² 1 · 406 m² 12.9 m · 3 fl.
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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 370 EUR awarded · 155 EUR paid
Year Entries awardedpaid
2025 1 215 EUR0 EUR
2024 1 155 EUR155 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 370 EUR · 155 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 26,511 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded01-09-1987
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.