R & P
ActiveSummary
R & P has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €13k. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 57% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+17
Solvency78▲+6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.73 in 2024; short-term debt: 46.7% and cash: 14.1% of total assets), and 46.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.3%
Return on assets
7.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
21 d early
2023
22 d early
2022
32 d early
2021
23 d early
2020
47 d early
2019
37 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▲ 16.2%
2024 · €80k
Total assets
€173k▲ 1.5%
2024 · €171k
Net result
€13k
2024 · €-11k
Working capital
€-26k▼ 5.3%
2024 · €-24k
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
Line20212022202320242025
Operating result€2k▼ 53.1%€-62k€2k€-10k€13k
Net result€1k▼ 24.3%€-63k€74€-11k€13k
Equity€154k▲ 0.8%€90k▼ 41.2%€90k▲ 0.1%€80k▼ 12.0%€92k▲ 16.2%
Total assets€263k▲ 27.5%€250k▼ 5.1%€158k▼ 36.9%€171k▲ 8.4%€173k▲ 1.5%
Debt€110k▲ 103%€159k▲ 45.4%€67k▼ 57.9%€91k▲ 35.8%€81k▼ 11.2%
Working capital€23k▲ 3.2%€-21k€-9k▲ 55.5%€-24k▼ 163%€-26k▼ 5.3%
Staff (FTE)2=1.4▼ 30.0%1▼ 28.6%1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €10k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€118k ▲ 13.6%
Current assets
€55k ▼ 17.3%
Equity and liabilities €173k
Equity
€92k ▲ 16.2%
Debt
€81k ▼ 11.2%
Debt's share of the balance-sheet total falls from 53.4% to 46.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €7k
Cash flow
€32k▲
2024 · €6k
Current ratio
0.68▼
2024 · 0.73
Quick ratio
0.46▼
2024 · 0.53
Debt to equity
0.87▼
2024 · 1.15
ROE
13.9%▲
2024 · -13.6%
ROA
7.4%▲
2024 · -6.4%
Interest coverage
163.74▲
2024 · 19.34
Debt ≤ 1 year
€81k▼
2024 · €91k
Income taxes
€320▼
2024 · €333
Staff costs
€70k▲
2024 · €59k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €97k | €65k | €55k | €59k | €70k | ▲ 19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €18k | €13k | €17k | €19k | ▲ 11.0% |
| Other operating charges640/8 | €6k | €5k | €7k | €7k | €7k | ▼ 11.8% |
| Non-recurring operating charges66A | - | €17 | - | - | - | - |
| Gross operating margin9900 | €130k | €26k | €76k | €73k | €109k | ▲ 48.8% |
| Operating profit (loss)9901 | €2k | €-62k | €2k | €-10k | €13k | ▲ 231% |
| Financial income75/76B | €1 | €41 | €0 | €52 | €1 | ▼ 97.4% |
| Recurring financial income75 | €1 | €41 | €0 | €52 | €1 | ▼ 97.4% |
| Financial charges65/66B | €756 | €949 | €2k | €363 | €198 | ▼ 45.3% |
| Recurring financial charges65 | €756 | €949 | €2k | €363 | €198 | ▼ 45.3% |
| Profit (loss) for the period before taxes9903 | €1k | €-63k | €411 | €-11k | €13k | ▲ 225% |
| Income taxes67/77 | €259 | €341 | €337 | €333 | €320 | ▼ 3.8% |
| Profit (loss) for the period9904 | €1k | €-63k | €74 | €-11k | €13k | ▲ 219% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-63k | €74 | €-11k | €13k | ▲ 219% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €263k | €250k | €158k | €171k | €173k | ▲ 1.5% |
| Fixed assets21/28 | €131k | €111k | €100k | €104k | €118k | ▲ 13.6% |
| Tangible fixed assets22/27 | €131k | €111k | €99k | €104k | €118k | ▲ 13.6% |
| Land and buildings22 | €77k | €76k | €75k | €74k | €88k | ▲ 19.2% |
| Plant, machinery and equipment23 | €33k | €22k | €15k | €11k | €7k | ▼ 37.7% |
| Furniture and vehicles24 | €21k | €13k | €10k | €19k | €23k | ▲ 21.4% |
| Financial fixed assets28 | €309 | €309 | €309 | €309 | €309 | = |
| Current assets29/58 | €132k | €138k | €58k | €67k | €55k | ▼ 17.3% |
| Stocks and contracts in progress3 | €66k | €3k | €14k | €18k | €18k | ▲ 0.7% |
| Stocks30/36 | €5k | €3k | €3k | €11k | €12k | ▲ 1.9% |
| Contracts in progress37 | €61k | - | €11k | €7k | €7k | ▼ 1.5% |
| Amounts receivable within one year40/41 | €63k | €117k | €8k | €16k | €5k | ▼ 66.8% |
| Trade receivables40 | €62k | €116k | €5k | €5k | - | - |
| Other amounts receivable41 | €1k | €1k | €2k | €11k | €5k | ▼ 52.3% |
| Current investments50/53 | €537 | €537 | €537 | - | - | - |
| Cash at bank and in hand54/58 | €3k | €9k | €31k | €23k | €24k | ▲ 4.8% |
| Deferred charges and accrued income490/1 | - | €9k | €5k | €10k | €7k | ▼ 24.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €263k | €250k | €158k | €171k | €173k | ▲ 1.5% |
| Equity10/15 | €154k | €90k | €90k | €80k | €92k | ▲ 16.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €135k | €108k | €108k | €108k | €108k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €133k | €106k | €106k | €108k | €108k | = |
| Profit (loss) carried forward14 | - | €-37k | €-37k | €-48k | €-35k | ▲ 26.9% |
| Amounts payable17/49 | €110k | €159k | €67k | €91k | €81k | ▼ 11.2% |
| Amounts payable within one year42/48 | €109k | €159k | €67k | €91k | €81k | ▼ 11.2% |
| Financial debts43 | €8k | €20k | - | - | - | - |
| Credit institutions430/8 | €8k | €20k | - | - | - | - |
| Trade debts44 | €52k | €56k | €5k | €20k | €1k | ▼ 94.6% |
| Suppliers440/4 | €52k | €56k | €5k | €20k | €1k | ▼ 94.6% |
| Taxes, remuneration and social security45 | €15k | €36k | €9k | €3k | €320 | ▼ 90.7% |
| Taxes450/3 | €2k | €13k | €1k | €2k | €320 | ▼ 80.3% |
| Remuneration and social security454/9 | €12k | €23k | €8k | €2k | - | - |
| Other amounts payable47/48 | €35k | €47k | €53k | €67k | €79k | ▲ 18.2% |
| Accrued charges and deferred income492/3 | €578 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-63k | €74 | €-11k | €13k | ▲ 219% |
| + Depreciation and write-downs630 | €24k | €18k | €13k | €17k | €19k | ▲ 11.0% |
| Operating cash flow (approximation) | €25k | €-45k | €13k | €6k | €32k | ▲ 402% |
| Investment in fixed assets (approximation) | - | €2k | €-1k | €-22k | €-33k | ▼ 54.5% |
| Change in cash | - | €6k | €22k | €-7k | €1k | ▲ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €74
Net result €74 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €151k ▲8.5%
2 profitable years in a row build equity to €151k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 1994
Ground area
1,213 m²
Building footprint
184 m²
Volume, LiDAR
845 m³
2 parcels, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schaliehoevestraat 23, 2220 Heist-op-den-Berg
since 19942.067.014.075
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K1032/00Z003 | Flanders | 1,115 m² | 1 · 184 m² | 7.2 m · 1 fl. |
| 12322I0322/00G000 | Flanders | 98 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,959 companies in sector 43331 we hold annual accounts for 1,787. 1,555 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-03-1994
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.