Skip to content

R-DEV

Active
Private limited company (pre-2019)founded 201313 yrs activeHerkenrodedreef 69, 3511 Hasselt, BelgiumKBO/BCE: BE 0537.273.793
Summary

The computed 12-month bankruptcy probability of R-DEV is 1.9% (moderate). The 2024 annual accounts show negative equity (-€77,983) and a net result of -€9,889. Equity is shrinking by ~9.4% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability65▲+15
Solvency1▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 93.1% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five 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
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 2024
Solvency, return and age of the figures
Solvency
-24.4%
Return on assets
-3.1%
Age of the figures
21 mo
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 13 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€77,983
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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
not confirmed
2024
46 d late
2023
38 d early
2022
28 d late
2021
16 d late
2020
on the day
2019
12 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 11 days after 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 (1)
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

On 5 August 2013, R-DEV was incorporated.1 Total assets went from EUR 397,803 in 2018 to EUR 320,151 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€77,983▼ 14.5%
2023 · -€68,094
Total assets
€320,151▼ 3.6%
2023 · €332,209
Net result
-€9,889▲ 20.5%
2023 · -€12,444
Working capital
-€296,846▲ 1.1%
2023 · -€300,020
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
Line20202021202220232024
Operating result-€3,307▼ 224%-€452▲ 86.3%-€4,077▼ 802%-€12,258▼ 201%-€9,803▲ 20.0%
Net result-€3,439▼ 203%-€584▲ 83.0%-€4,774▼ 717%-€12,444▼ 161%-€9,889▲ 20.5%
Equity-€50,292▼ 7.3%-€50,877▼ 1.2%-€55,651▼ 9.4%-€68,094▼ 22.4%-€77,983▼ 14.5%
Total assets€371,130▼ 3.8%€364,333▼ 1.8%€348,238▼ 4.4%€332,209▼ 4.6%€320,151▼ 3.6%
Debt€421,422▼ 2.6%€415,210▼ 1.5%€403,889▼ 2.7%€400,304▼ 0.9%€398,134▼ 0.5%
Working capital-€321,407▲ 2.9%-€308,928▲ 3.9%-€300,639▲ 2.7%-€300,020▲ 0.2%-€296,846▲ 1.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2020: -€3,307-€3,307Net result 2020: -€3,439-€3,439Operating result 2021: -€452-€452Net result 2021: -€584-€584Operating result 2022: -€4,077-€4,077Net result 2022: -€4,774-€4,774Operating result 2023: -€12,258-€12,258Net result 2023: -€12,444-€12,444Operating result 2024: -€9,803-€9,803Net result 2024: -€9,889-€9,88920202021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: -€4,077-€4,080Net result 2022: -€4,774-€4,770Operating result 2023: -€12,258-€12,300Net result 2023: -€12,444-€12,400Operating result 2024: -€9,803-€9,800Net result 2024: -€9,889-€9,890202220232024
The operating result stays negative: a loss of €9,803 in 2024 against €12,258 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €320,151
Fixed assets €318,862 ▼ 3.9%
Current assets €1,289 ▲ 354%
Key figures and ratios
2024 value · change against 2023
EBITDA
€3,260▲
2023 · €805
Cash flow
€3,174▲
2023 · €619
Solvency
-24.4%▼
2023 · -20.5%
Current ratio
0.00▲
2023 · 0.00
Debt to equity
-5.11▲
2023 · -5.88
ROA
-3.1%▲
2023 · -3.7%
Interest coverage
37.95▲
2023 · 4.33
Debt ≤ 1 year
€298,134▼
2023 · €300,304
Debt > 1 year
€100,000=
2023 · €100,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,338 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 · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€332,209€320,151▼
Fixed assets21/28€331,925€318,862▼
Tangible fixed assets22/27€331,925€318,862▼
Land and buildings22€331,925€318,862▼
Current assets29/58€284€1,289▲
Cash at bank and in hand54/58€284€1,289▲
Equity and liabilities
Total equity and liabilities10/49€332,209€320,151▼
Equity10/15-€68,094-€77,983▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€86,694-€96,583▼
Amounts payable17/49€400,304€398,134▼
Amounts payable after more than one year17€100,000€100,000=
Financial debts170/4€100,000€100,000=
Amounts payable within one year42/48€300,304€298,134▼
Trade debts44€229,944€230,215▲
Suppliers440/4€229,944€230,215▲
Other amounts payable47/48€70,360€67,919▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,063€13,063=
Other operating charges640/8€682€707▲
Gross operating margin9900€1,487€3,967▲
Operating profit (loss)9901-€12,258-€9,803▲
Financial charges65/66B€186€86▼
Recurring financial charges65€186€86▼
Profit (loss) for the period before taxes9903-€12,444-€9,889▲
Profit (loss) for the period9904-€12,444-€9,889▲
Profit (loss) for the period to be appropriated9905-€12,444-€9,889▲
Appropriation of the result
Profit (loss) to be appropriated9906-€86,694-€96,583▼
Profit (loss) brought forward from the previous period14P-€74,251-€86,694▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,063€13,063€13,063€13,063€13,063=
Other operating charges640/8-€552€124€682€707▲ 3.7%
Gross operating margin9900€10,366€13,163€9,110€1,487€3,967▲ 167%
Operating profit (loss)9901-€3,307-€452-€4,077-€12,258-€9,803▲ 20.0%
Financial charges65/66B-€132€132€186€86▼ 53.8%
Recurring financial charges65€132€132€132€186€86▼ 53.8%
Profit (loss) for the period before taxes9903-€3,439-€584-€4,209-€12,444-€9,889▲ 20.5%
Income taxes67/77--€565---
Profit (loss) for the period9904-€3,439-€584-€4,774-€12,444-€9,889▲ 20.5%
Profit (loss) for the period to be appropriated9905-€3,439-€584-€4,774-€12,444-€9,889▲ 20.5%
Line20202021202220232024Change
Assets
Total assets20/58€371,130€364,333€348,238€332,209€320,151▼ 3.6%
Fixed assets21/28€371,114€358,051€344,988€331,925€318,862▼ 3.9%
Tangible fixed assets22/27€371,114€358,051€344,988€331,925€318,862▼ 3.9%
Land and buildings22-€358,051€344,988€331,925€318,862▼ 3.9%
Current assets29/58€15€6,282€3,250€284€1,289▲ 354%
Cash at bank and in hand54/58€15€6,282€3,250€284€1,289▲ 354%
Equity and liabilities
Total equity and liabilities10/49€371,130€364,333€348,238€332,209€320,151▼ 3.6%
Equity10/15-€50,292-€50,877-€55,651-€68,094-€77,983▼ 14.5%
Contributions10/11-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€68,892-€69,477-€74,251-€86,694-€96,583▼ 11.4%
Amounts payable17/49€421,422€415,210€403,889€400,304€398,134▼ 0.5%
Amounts payable after more than one year17€100,000€100,000€100,000€100,000€100,000=
Financial debts170/4-€100,000€100,000€100,000€100,000=
Amounts payable within one year42/48€321,422€315,210€303,889€300,304€298,134▼ 0.7%
Trade debts44€249,729€244,850€233,529€229,944€230,215▲ 0.1%
Suppliers440/4-€244,850€233,529€229,944€230,215▲ 0.1%
Other amounts payable47/48-€70,360€70,360€70,360€67,919▼ 3.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€3,439-€584-€4,774-€12,444-€9,889▲ 20.5%
+ Depreciation and write-downs630€13,063€13,063€13,063€13,063€13,063=
Operating cash flow (approximation)€9,624€12,479€8,289€619€3,174▲ 413%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€6,267-€3,032-€2,966€1,005▲ 134%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
23-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€12,444
Net result drops to -€12,444, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
12-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
18-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 35 days late
2016
05-04
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.
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hasselt · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
1,115 m²
Building footprint
162 m²
Volume, LiDAR
763 m³
Parcel 71483E0220/00Z002, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
R-DEV
Herkenrodedreef 69, 3511 HasseltActivities auxiliary to financial services and insurance activities
since 20132.221.533.392
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71483E0220/00Z002 Flanders 1,115 m² 1 · 161 m² 8.2 m · 1 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 (pre-2019)
Founded05-08-2013
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0537273793
Also 9925:BE0537273793
Registered 29-01-2026

Register as of 27 September 2026 · Peppol Directory

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