R.L. CONSTRUCT
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 42 days after the deadline Filed on 11 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00495091.
Annual accounts 2024 filed on 11-09-2025 PDF all 22 filings
Turnover
€3,520▼ 99.3%
2020 · €531,951
EBIT margin
72.9%▲ 76.4pp
2020 · -3.6%
Net result
€2,012
2023 · -€3,095
Working capital
€63,840▼ 2.6%
2021 · €65,577
Multi-year overview
2018 to 2024, 7 financial yearsTurnover
€3,520
2024
20182024
Operating result
€2,564
2024
20182024
Net result
€2,012
2024
middle half of the sector
20182024
EBIT margin
72.9%
2024
20182024
Equity
€63,840
▲ 3.3%
2024
middle half of the sector
20182024
Total assets
€65,257
▲ 5.5%
2024
lowest quarter of the sector
20182024
Debt
€1,418
2024
20182024
Working capital
€63,840
2024
middle half of the sector
20182024
Solvency
97.8%
▼ 2.2pp
2024
highest quarter of the sector
20182024
Current ratio
46.03
2024
highest quarter of the sector
20182024
Return on assets (ROA)
3.1%
▲ 8.1pp
2024
middle half of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€396,777-€278,835▼ 29.7%€531,951▲ 90.8%€3,520
Operating result€55,437-€12,588▼ 77.3%-€19,088€5,286-€10,961-€3,085▲ 71.9%€2,564
Net result€37,398-€7,123▼ 81.0%-€20,220below the sector's middle half€2,961within the sector's middle half-€11,632below the sector's middle half-€3,095below the sector's middle half▲ 73.4%€2,012within the sector's middle half
EBIT margin14.0%-4.5%▼ 9.5pp-3.6%▼ 8.1pp72.9%
Equity€86,691-€93,814▲ 8.2%€73,594within the sector's middle half▼ 21.6%€76,555within the sector's middle half▲ 4.0%€64,923within the sector's middle half▼ 15.2%€61,827within the sector's middle half▼ 4.8%€63,840within the sector's middle half▲ 3.3%
Total assets€141,961-€163,228▲ 15.0%€195,782within the sector's middle half▲ 19.9%€187,683within the sector's middle half▼ 4.1%€64,923below the sector's middle half▼ 65.4%€61,827below the sector's middle half▼ 4.8%€65,257below the sector's middle half▲ 5.5%
Debt€55,270-€69,414▲ 25.6%€122,188▲ 76.0%€111,128▼ 9.1%€1,418
Working capital€75,314-€77,217▲ 2.5%€55,910within the sector's middle half▼ 27.6%€65,577within the sector's middle half▲ 17.3%€63,840within the sector's middle half
Solvency61.1%-57.5%▼ 3.6pp37.6%within the sector's middle half▼ 19.9pp40.8%within the sector's middle half▲ 3.2pp100.0%above the sector's middle half▲ 59.2pp100.0%above the sector's middle half=97.8%above the sector's middle half▼ 2.2pp
Current ratio2.67-2.44▼ 0.231.50within the sector's middle half▼ 0.951.62within the sector's middle half▲ 0.1246.03above the sector's middle half
Return on assets (ROA)26.3%-4.4%▼ 22.0pp-10.3%below the sector's middle half▼ 14.7pp1.6%within the sector's middle half▲ 11.9pp-17.9%below the sector's middle half▼ 19.5pp-5.0%below the sector's middle half▲ 12.9pp3.1%within the sector's middle half▲ 8.1pp
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a profit of €2,564, after a loss of €3,085 in 2023.
Balance-sheet composition
Equity and liabilities €65,257
Equity
€63,840
Debt
€1,418
Debt's share of the balance-sheet total is 2.2%.
Key figures and ratios
Debt to equity
0.02
ROE
3.2%▲
2023 · -5.0%
Debt ≤ 1 year
€1,418
Income taxes
€552
Customer credit
4194 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €396,777 | €278,835 | €531,951 | - | - | - | €3,520 | - |
| Non-recurring operating income76A | - | - | - | - | - | - | €707 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €101,266 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,860 | €9,701 | €5,042 | €12,026 | €7,457 | €4,324 | - | - |
| Other operating charges640/8 | - | - | - | €4,960 | €780 | - | - | - |
| Gross operating margin9900 | €67,916 | €27,276 | -€9,915 | €22,272 | -€2,725 | €1,238 | €2,564 | ▲ 107% |
| Operating profit (loss)9901 | €55,437 | €12,588 | -€19,088 | €5,286 | -€10,961 | -€3,085 | €2,564 | - |
| Financial income75/76B | - | - | - | €0 | - | - | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - | - |
| Non-recurring financial income76B | - | - | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €2,325 | €671 | €10 | - | - |
| Recurring financial charges65 | €539 | €2,215 | €1,419 | €2,325 | €671 | €10 | - | - |
| Profit (loss) for the period before taxes9903 | €54,898 | €10,373 | -€20,220 | €2,961 | -€11,632 | -€3,095 | €2,564 | - |
| Income taxes67/77 | €17,500 | €3,250 | - | - | - | - | €552 | - |
| Profit (loss) for the period9904 | €37,398 | €7,123 | -€20,220 | €2,961 | -€11,632 | -€3,095 | €2,012 | - |
| Profit (loss) for the period to be appropriated9905 | €37,398 | €7,123 | -€20,220 | €2,961 | -€11,632 | -€3,095 | €2,012 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €141,961 | €163,228 | €195,782 | €187,683 | €64,923 | €61,827 | €65,257 | ▲ 5.5% |
| Fixed assets21/28 | €21,639 | €32,567 | €27,530 | €15,504 | €4,324 | - | - | - |
| Tangible fixed assets22/27 | €17,921 | €28,849 | €23,807 | €11,780 | €4,324 | - | - | - |
| Leasing and similar rights25 | - | - | - | €11,780 | €4,324 | - | - | - |
| Financial fixed assets28 | €3,718 | €3,718 | €3,723 | €3,723 | - | - | - | - |
| Current assets29/58 | €120,322 | €130,661 | €168,252 | €172,179 | €60,599 | €61,827 | €65,257 | ▲ 5.5% |
| Amounts receivable within one year40/41 | €113,273 | €120,325 | €166,475 | €172,144 | €60,599 | €61,827 | €65,257 | ▲ 5.5% |
| Trade receivables40 | - | - | - | €90,155 | €36,927 | €36,927 | €40,447 | ▲ 9.5% |
| Other amounts receivable41 | - | - | - | €81,989 | €23,672 | €24,900 | €24,810 | ▼ 0.4% |
| Cash at bank and in hand54/58 | €7,049 | €10,336 | €1,777 | €35 | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €141,961 | €163,228 | €195,782 | €187,683 | €64,923 | €61,827 | €65,257 | ▲ 5.5% |
| Equity10/15 | €86,691 | €93,814 | €73,594 | €76,555 | €64,923 | €61,827 | €63,840 | ▲ 3.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €66,231 | €73,354 | €53,134 | €56,095 | €44,463 | €41,367 | €43,380 | ▲ 4.9% |
| Amounts payable17/49 | €55,270 | €69,414 | €122,188 | €111,128 | - | - | €1,418 | - |
| Amounts payable after more than one year17 | €10,262 | €15,970 | €9,846 | €4,526 | - | - | - | - |
| Financial debts170/4 | - | - | - | €4,526 | - | - | - | - |
| Amounts payable within one year42/48 | €45,008 | €53,444 | €112,342 | €106,602 | - | - | €1,418 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,319 | - | - | - | - |
| Financial debts43 | - | - | - | €20,040 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €20,040 | - | - | - | - |
| Trade debts44 | €17,782 | €22,976 | €28,927 | €23,693 | - | - | €866 | - |
| Suppliers440/4 | - | - | - | €23,693 | - | - | €866 | - |
| Advances received on contracts in progress46 | - | - | - | €57,550 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0 | - | - | €552 | - |
| Taxes450/3 | - | - | - | €0 | - | - | €552 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,398 | €7,123 | -€20,220 | €2,961 | -€11,632 | -€3,095 | €2,012 | - |
| + Depreciation and write-downs630 | €7,860 | €9,701 | €5,042 | €12,026 | €7,457 | €4,324 | - | - |
| Operating cash flow (approximation) | €45,258 | €16,824 | -€15,178 | €14,987 | -€4,175 | €1,228 | €2,012 | ▲ 63.8% |
| Investment in fixed assets (approximation) | - | -€20,629 | -€5 | -€0 | €3,723 | - | - | - |
| Change in cash | - | €3,287 | -€8,559 | -€1,742 | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 11-09-2025 | 2025-00495091 | |
| 31-12-2023 | micro format | 22-05-2024 | 2024-00096200 | |
| 31-12-2022 | micro format | 27-05-2024 | 2024-00099255 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20330400 | |
| 31-12-2020 | micro format | 29-10-2021 | 2021-75500386 | |
| 31-12-2019 | micro format | 24-11-2020 | 2020-71800157 | |
| 31-12-2018 | micro format | 26-02-2020 | 2020-05700449 | |
| 31-12-2017 | micro format | 19-09-2018 | 2018-63500597 | |
| 31-12-2016 | full format | 26-09-2017 | 2017-63200578 | |
| 31-12-2015 | full format | 05-10-2016 | 2016-65100274 |