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R & P

Active Private limited companyfounded 1994active for 32 yearsWerftsesteenweg 71, 2220 Heist-op-den-BergKBO/BCE: BE 0452.061.867

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €216,840 (2017)
€109,271▲ 48.8%
lowest -€63,188 (2022)
€12,860▲ €23,705
peak €153,541 (2021)
€92,442▲ 16.2%
€80,886▼ 11.2%
peak 3 FTE (2010)
-not published
Board2 names since 1994
1 directorDE HERDT RUDY
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €73,413 to €109,271Back to profit: €12,860Equity from €79,581 to €92,442

Key points

from the 2025 annual accounts

Turnover

≈ €370,000 estimated

The micro format states no turnover.

Investments

€33,265 1.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 19.2% higher than in 2024.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 21 to 52 days before the end of the period.

Checked score

92
Excellent
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026highest value 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.2 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

78+6equity 53.3% of total assets
45+5short-term debt 46.7% · cash 14.1%
78+17return on assets 7.4%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1994
Liquidity: current ratio 0.68, cash €24,362
Equity €92,442 (53.3% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 58% of them on solvency, 35% on liquidity, 55% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as R & P has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of R & P itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for R & P. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.68 (0.73 in 2024), below 1. Short-term debt is 46.7% and cash 14.1% of total assets. 46.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.68, cash €24,362
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €92,442 (53.3% of total assets)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
52 days early
2024
21 days early
2023
22 days early
2022
32 days early
2021
23 days early
2020
47 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DH
DE HERDT RUDY
Director, since 16-03-1994
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452061867
Appointment: DE HERDT Rudolf (director) “Het uitvoeren van metselwerken,voegwerken,chapewerken,isolatiewerken; Het uitbaten van een onderneming voor…” (deed in Dutch) · Gazette deed
First establishment Schaliehoevestraat 23, Heist-op-den-Berg
Incorporation published on 13-04-1994 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
R & P Heist-op-den-Berg €173,328 €109,271 53.3% -
CARPELS JOHAN Bruges €155,774 €120,312 -36.9% -
HANNAERT Roosdaal €167,783 €126,983 49.3% -
VLOERWERKEN WOUTERS DANNY Begijnendijk €146,490 €90,070 3.6% -
CLEANSTONE Esneux €163,596 €92,405 52.9% -
ROBERT MAES en ZONEN Ghent €127,548 €104,132 58.9% -
VLOEREN JOZEF REYNS Beveren-Kruibeke-Zwijndrecht €237,871 €93,549 20.2% -

These companies have the same main activity as R & P: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €128,000 and €238,000, founded between 1991 and 1999.

Official details

Source: KBO
Status
Active since 16-03-1994Normal situation
Activity
Floor and wall tilingNACE 43331and 1 other
Joint committee
124Construction · annual accounts 2023
Establishment unit
2.067.014.0752220 Heist-op-den-Berg, since 02-06-1994
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2025

€173,328▲ 1.5%
Employeeson 31-12-2025
1=
Filing
Filed on 09-06-2026, 52 days before the end of the filing period
Financials

Insights on R & P

R & P files the micro format. That format states no turnover. The gross margin rose from €70,580 in 2006 to €109,271 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about R & P

What is the company number of R & P?
The company number of R & P is 0452.061.867. The VAT number is the same number with BE in front: BE 0452.061.867.
Where is R & P based?
The registered office is at Werftsesteenweg 71, 2220 Heist-op-den-Berg.Company details
What does R & P do?
According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
What is the legal form of R & P?
R & P is a private limited company (BV).
When was R & P founded?
R & P was founded on 16-03-1994.
Is R & P still active?
Yes, R & P is an active enterprise in the KBO register.
How many employees does R & P have?
R & P had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does R & P fall under?
In its 2023 annual accounts, R & P states joint committee 124 (Construction).
What is the turnover of R & P?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €109,271 and 61 comparable companies (NACE 433). It probably lies between €250,000 and €540,000.
Is R & P profitable?
In financial year 2025, R & P made a profit of €12,860.
Where can I find the annual accounts of R & P?
R & P filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of R & P due?
R & P must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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