Checked.be
Active
BE 0759.736.761Private limited company
R-DevStudio
Waterjufferstraat(BOR) 17 ·2880 Bornem, Belgium· 5 yrs active
Sector: Computer consultancy and computer facilities management
(62200)
Conclusion
R-DevStudio has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €8k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €13k |
| Net result | €8k |
| Better than sector | 28% |
| Active | 5 yrs |
Financial profile
83
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
83
Profitability
100
Solvency
58
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
83
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1k
estimate, not credit advice
Score history
58
2021
55
2022
100
2023
93
2024
83
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.38 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.38 (≥ 1.0)
+5
Profitability
ROE 61% (≥ 10%)
+10
Interest coverage
Interest coverage 105.6× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 14-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~15.5%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.8% | 60.0% | |
| Net result | €8k | €29k | |
| Equity | €13k | €72k | |
| Gross operating margin | €12k | €55k | |
| Total assets | €42k | €141k |
€12k
+184.5%
21-25
€8k
+182.1%
21-25
€10k
+172.0%
21-25
€42k
+7.4%
21-25
€13k
-38.9%
21-25
€11k
-39.2%
21-25
€2k
+234.2%
21-25
€16k
-
21-25
€28k
+66.1%
21-25
€28k
+66.1%
21-25
1.38
-32.1%
21-25
1.38
-32.1%
21-25
31.8%
-43.1%
21-25
2.15
+171.9%
21-25
60.5%
+361.9%
21-25
19.2%
+162.6%
21-25
105.63
+128.0%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €12k | €4k | €18k | €5k | €13k |
| Net profit | €8k | €3k | €9k | €-1k | €6k |
| Cash flow | €10k | €4k | €16k | €5k | €12k |
| Staff costs | - | - | - | - | - |
| Income taxes | €2k | €621 | €2k | €0 | €1k |
| Dividends | €16k | - | - | - | - |
| Total assets | €42k | €39k | €36k | €36k | €42k |
| Equity | €13k | €22k | €19k | €9k | €11k |
| Debt | €28k | €17k | €18k | €27k | €32k |
| of which ≤ 1y | €28k | €17k | €18k | €27k | €32k |
| of which > 1y | - | - | - | - | - |
| Working capital | €11k | €18k | €19k | €3k | €-2k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.38 | 2.03 | 2.07 | 1.12 | 0.94 |
| Quick ratio | 1.38 | 2.03 | 2.07 | 1.12 | 0.94 |
| Working capital ratio | 25.7% | 45.4% | 51.4% | 8.5% | -4.5% |
| Solvency | 31.8% | 55.9% | 51.7% | 26.1% | 25.4% |
| Debt / equity | 2.15 | 0.79 | 0.93 | 2.84 | 2.94 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 105.63 | 46.32 | 214.80 | 54.14 | 204.25 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 19.2% | 7.3% | 25.8% | -3.5% | 13.5% |
| ROE | 60.5% | 13.1% | 49.8% | -13.2% | 53.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €42k | €39k | €36k | €36k | €42k |
| Fixed assets | 21/28 | €3k | €4k | €111 | €6k | €13k |
| Tangible fixed assets | 22/27 | €3k | €4k | €111 | €6k | €13k |
| Current assets | 29/58 | €39k | €35k | €36k | €30k | €30k |
| Amounts receivable within one year | 40/41 | €12k | €12k | €9k | €12k | €42 |
| Cash & bank | 54/58 | €27k | €22k | €27k | €18k | €29k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k | €39k | €36k | €36k | €42k |
| Equity | 10/15 | €13k | €22k | €19k | €9k | €11k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k | €5k |
| Reserves | 13 | €8k | €17k | €14k | €4k | €6k |
| Amounts payable | 17/49 | €28k | €17k | €18k | €27k | €32k |
| Amounts payable within one year | 42/48 | €28k | €17k | €18k | €27k | €32k |
| Trade debts payable within one year | 44 | €1k | €2k | €2k | €5k | €1k |
| Income statement | ||||||
| Gross operating margin | 9900 | €12k | €4k | €18k | €5k | €13k |
| Operating result | 9901 | €10k | €3k | €11k | €-1k | €7k |
| Financial income | 75 | €203 | €167 | €86 | €33 | €20 |
| Financial charges | 65 | €109 | €88 | €82 | €94 | €65 |
| Result before taxes | 9903 | €10k | €3k | €11k | €-1k | €7k |
| Income taxes | 67/77 | €2k | €621 | €2k | €0 | €1k |
| Net result for the period | 9904 | €8k | €3k | €9k | €-1k | €6k |
| Result to be appropriated | 9905 | €8k | €3k | €9k | €-1k | €6k |
Legal Structure
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 14-12-2020 |
| Status | Active |
| Postal code | 2880 |
Establishment units
R-DevStudio
since 20202.310.749.440
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007B0916/00K002 | Flanders | 1,215 m² | 1 · 103 m² | 7.9 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-1k ▼122%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
IT consultancy62020Computer consultancy and computer facilities management62200
Names & trade names
| Legal nameNL | R-DevStudio |
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