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R.dc

Active
Private limited companyfounded 200421 yrs activeKestelstraat 11, 9880 Aalter, BelgiumKBO/BCE: BE 0870.477.505
Summary

R.dc has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €650,371 and a net result of €20,839. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 58% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Other specialised construction activities
NACE 43990NACE 43999
1 site
How big
€1.3mtotal assets 2025
Equity
€650,371
Profit
€20,839
Turnover not published (abridged schema)
Financially healthy?
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Accounts filed 26 d late0 of 7 deeds read
Why 84- Latest accounts 26 days late; 1 of the last 3 late- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 4.26, cash €29,751+ Size: total assets €1.3mShow the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 76+2
equity 51.4% of total assets
Liquidity 46+4
short-term debt 21.0% · cash 2.3%
Profitability 41+40
return on assets 1.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
  • Latest accounts 26 days late; 1 of the last 3 late raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: total assets €1.3m lowers the probability for this profile
  • Liquidity: current ratio 4.26, cash €29,751 raises the probability
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 4.26 against 3.28 in 2024; short-term debt: 21% and cash: 2.3% of total assets), and 48.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 56%, liquidity 37%, profitability 20%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 26 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €1.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.26, cash €29,751
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filings
Deviation from the deadline
2025
26 d late
2024
57 d late
2023
16 d early
2022
11 d early
2021
58 d early
2020
30 d late
2019
88 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 July (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €20,839
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€175,914 in 2024 €20,839 View
  • Total assets 20256 fiscal years filed €1.3m View
  • Active since 2004founded 09-12-2004 21 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.3m
Profit
€20,839
Solvency
51.4%
Total assets▼ 0.5%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 26-08-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 26-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
09-12-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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