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R-DevStudio

Active
Private limited companyfounded 2020active for 5 yearsWaterjufferstraat(BOR) 17, 2880 Bornem, BelgiumKBO/BCE: BE 0759.736.761
Summary

R-DevStudio has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,255 and a net result of €8,022. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 28% of 21,059 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€13,255▼ 38.9%
2024 · €21,703
Total assets
€41,724▲ 7.4%
2024 · €38,845
Net result
€8,022▲ 182%
2024 · €2,844
Working capital
€10,733▼ 39.2%
2024 · €17,639
Trend over the years

2021 to 2025, 5 financial years

The operating result recovers in 2025; 2025 is 195% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€10,005 2025 Net result€8,022 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€7,130--€1,194€11,422€3,386▼ 70.4%€10,005▲ 195%
Net result€5,723within the sector's middle half--€1,255below the sector's middle half€9,391within the sector's middle half€2,844below the sector's middle half▼ 69.7%€8,022within the sector's middle half▲ 182%
Equity€10,723below the sector's middle half-€9,468below the sector's middle half▼ 11.7%€18,859below the sector's middle half▲ 99.2%€21,703below the sector's middle half▲ 15.1%€13,255below the sector's middle half▼ 38.9%
Total assets€42,255below the sector's middle half-€36,323below the sector's middle half▼ 14.0%€36,459below the sector's middle half▲ 0.4%€38,845below the sector's middle half▲ 6.5%€41,724below the sector's middle half▲ 7.4%
Debt€31,533-€26,855▼ 14.8%€17,600▼ 34.5%€17,141▼ 2.6%€28,469▲ 66.1%
Working capital-€1,919below the sector's middle half-€3,092below the sector's middle half€18,748within the sector's middle half▲ 506%€17,639within the sector's middle half▼ 5.9%€10,733within the sector's middle half▼ 39.2%
Solvency25.4%below the sector's middle half-26.1%below the sector's middle half▲ 0.7pp51.7%within the sector's middle half▲ 25.7pp55.9%within the sector's middle half▲ 4.1pp31.8%within the sector's middle half▼ 24.1pp
Current ratio0.94below the sector's middle half-1.12below the sector's middle half▲ 0.182.07within the sector's middle half▲ 0.952.03within the sector's middle half▼ 0.041.38within the sector's middle half▼ 0.65
Return on assets (ROA)13.5%within the sector's middle half--3.5%below the sector's middle half▼ 17.0pp25.8%within the sector's middle half▲ 29.2pp7.3%within the sector's middle half▼ 18.4pp19.2%within the sector's middle half▲ 11.9pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41,724
Fixed assets €2,523 ▼ 37.9%
Current assets €39,202 ▲ 12.7%
Equity and liabilities €41,724
Equity €13,255 ▼ 38.9%
Debt €28,469 ▲ 66.1%
Debt's share of the balance-sheet total rises from 44.1% to 68.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,547▲
2024 · €4,059
Cash flow
€9,565▲
2024 · €3,517
Debt to equity
2.15▲
2024 · 0.79
ROE
60.5%▲
2024 · 13.1%
Interest coverage
over 100▲
2024 · 46.32
Debt ≤ 1 year
€28,469▲
2024 · €17,141
Income taxes
€2,076▲
2024 · €621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,974 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 · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€38,845€41,724▲
Fixed assets21/28€4,065€2,523▼
Tangible fixed assets22/27€4,065€2,523▼
Furniture and vehicles24€4,065€2,523▼
Current assets29/58€34,780€39,202▲
Amounts receivable within one year40/41€12,200€11,567▼
Trade receivables40€10,321€11,567▲
Other amounts receivable41€1,879-
Cash at bank and in hand54/58€22,414€26,997▲
Deferred charges and accrued income490/1€166€638▲
Equity and liabilities
Total equity and liabilities10/49€38,845€41,724▲
Equity10/15€21,703€13,255▼
Contributions10/11€5,000€5,000=
Reserves13€16,703€8,255▼
Distributable reserves133€16,703€8,255▼
Amounts payable17/49€17,141€28,469▲
Amounts payable within one year42/48€17,141€28,469▲
Trade debts44€1,653€1,388▼
Suppliers440/4€1,653€1,388▼
Taxes, remuneration and social security45€7,724€5,301▼
Taxes450/3€7,724€5,301▼
Other amounts payable47/48€7,764€21,780▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€673€1,542▲
Other operating charges640/8€118€120▲
Gross operating margin9900€4,177€11,667▲
Operating profit (loss)9901€3,386€10,005▲
Financial income75/76B€167€203▲
Recurring financial income75€167€203▲
Financial charges65/66B€88€109▲
Recurring financial charges65€88€109▲
Profit (loss) for the period before taxes9903€3,465€10,099▲
Income taxes67/77€621€2,076▲
Profit (loss) for the period9904€2,844€8,022▲
Profit (loss) for the period to be appropriated9905€2,844€8,022▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,844€8,022▲
Transfer from equity791/2-€16,471
Transfer to equity691/2€2,844€8,022▲
To other reserves6921€2,844€8,022▲
Profit to be distributed694/7-€16,471
Return on contributions (dividend)694-€16,471

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,154€6,265€6,265€673€1,542▲ 129%
Other operating charges640/8€101€102€109€118€120▲ 1.7%
Gross operating margin9900€13,385€5,174€17,796€4,177€11,667▲ 179%
Operating profit (loss)9901€7,130-€1,194€11,422€3,386€10,005▲ 195%
Financial income75/76B€20€33€86€167€203▲ 22.0%
Recurring financial income75€20€33€86€167€203▲ 22.0%
Financial charges65/66B€65€94€82€88€109▲ 24.7%
Recurring financial charges65€65€94€82€88€109▲ 24.7%
Profit (loss) for the period before taxes9903€7,085-€1,255€11,425€3,465€10,099▲ 191%
Income taxes67/77€1,362-€0€2,034€621€2,076▲ 234%
Profit (loss) for the period9904€5,723-€1,255€9,391€2,844€8,022▲ 182%
Profit (loss) for the period to be appropriated9905€5,723-€1,255€9,391€2,844€8,022▲ 182%
Line20212022202320242025Change
Assets
Total assets20/58€42,255€36,323€36,459€38,845€41,724▲ 7.4%
Fixed assets21/28€12,642€6,376€111€4,065€2,523▼ 37.9%
Tangible fixed assets22/27€12,642€6,376€111€4,065€2,523▼ 37.9%
Furniture and vehicles24€12,642€6,376€111€4,065€2,523▼ 37.9%
Current assets29/58€29,614€29,947€36,348€34,780€39,202▲ 12.7%
Amounts receivable within one year40/41€42€11,858€9,161€12,200€11,567▼ 5.2%
Trade receivables40€42€11,858€9,161€10,321€11,567▲ 12.1%
Other amounts receivable41---€1,879--
Cash at bank and in hand54/58€29,380€18,088€27,066€22,414€26,997▲ 20.4%
Deferred charges and accrued income490/1€191-€122€166€638▲ 283%
Equity and liabilities
Total equity and liabilities10/49€42,255€36,323€36,459€38,845€41,724▲ 7.4%
Equity10/15€10,723€9,468€18,859€21,703€13,255▼ 38.9%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Reserves13€5,723€4,468€13,859€16,703€8,255▼ 50.6%
Distributable reserves133€5,723€4,468€13,859€16,703€8,255▼ 50.6%
Amounts payable17/49€31,533€26,855€17,600€17,141€28,469▲ 66.1%
Amounts payable within one year42/48€31,533€26,855€17,600€17,141€28,469▲ 66.1%
Trade debts44€1,390€5,361€1,647€1,653€1,388▼ 16.0%
Suppliers440/4€1,390€5,361€1,647€1,653€1,388▼ 16.0%
Taxes, remuneration and social security45€11,723€5,708€8,189€7,724€5,301▼ 31.4%
Taxes450/3€6,723€5,708€8,189€7,724€5,301▼ 31.4%
Remuneration and social security454/9€5,000-----
Other amounts payable47/48€18,420€15,786€7,764€7,764€21,780▲ 181%
Line20212022202320242025Change
Profit (loss) for the period9904€5,723-€1,255€9,391€2,844€8,022▲ 182%
+ Depreciation and write-downs630€6,154€6,265€6,265€673€1,542▲ 129%
Operating cash flow (approximation)€11,877€5,011€15,657€3,517€9,565▲ 172%
Investment in fixed assets (approximation)-€0€0-€4,627€0-
Change in cash--€11,292€8,978-€4,652€4,583-

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

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 14-07-2026 2026-00288473
31-12-2024 micro format 18-07-2025 2025-00283348
31-12-2023 micro format 17-07-2024 2024-00252012
31-12-2022 micro format 20-07-2023 2023-00254743
31-12-2021 micro format 15-07-2022 2022-20197441

Similar companies · same sector, comparable size

Of the 29,864 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,795. 11,443 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.