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R-projects

Active Private limited company (pre-2019)founded 2011active for 15 yearsLanchalsstraat 18, 9160 LokerenKBO/BCE: BE 0836.729.918

Lifetime

14 annual accounts with figures on one time axis
peak €100,225 (2014)
-€26,075▲ €12,884
lowest -€42,555 (2024)
-€28,125▲ €14,430
peak €87,748 (2016)
-€4,469▼ €28,125
€30,229▲ 199%
Board2 names since 2017
1 director
Documentsfilings and deeds
19-03-202642 days before the deadline
2025micro format
Gross margin from -€38,959 to -€26,075Loss of €28,125Equity from €23,657 to -€4,469Debts from €10,105 to €30,229Cash from €1,901 to €836

Key points

from the 2025 annual accounts

Equity

-€4,469
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€70,680 in two years
-42,5552024-28,1252025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€30,229 117% of the balance sheet
Financial debts 0%Suppliers 14%Other 86%

Liquidity

0.83 was 5.90 in 2024

Short-term debts rose from €5,455 to €30,229.

Filings

14 annual accounts since 2012
deadline201520202025

Three of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Position in the sector

-€28,125

Lower net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,909 companies had the same profile as R-projects has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 6,909 companies, not a prediction for R-projects. 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

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0836729918
Environmental permit refused Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · RVVB
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Lokeren
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Lokeren
All 30 events

Comparable companies

same main activity, similar in size and age
Company
R-projects Lokeren €25,761 -€26,075 -17.3% -
ERWIN ROUSEU Heuvelland €26,068 -€10,152 11.0% -
CLPose Grâce-Hollogne €25,310 -€5,428 12.1% -
VIRON Kontich €24,533 -€3,833 46.5% -
RLD Cuisine & Aménagement Charleroi €23,816 -€10,753 -96.2% -
BF MENUISERIE Mettet €24,412 -€6 -326.2% -
WIN ENERGY Charleroi €24,704 -€2,300 -35.9% -

These companies have the same main activity as R-projects: joinery installation (NACE 43320). They are comparable in size and age: total assets between €23,800 and €26,100, founded between 2009 and 2012.

Official details

Source: KBO
Status
Active since 01-06-2011Normal situation
Activity
Joinery installationNACE 43320and 3 others
Establishment unit
2.212.424.7959160 Lokeren, since 23-05-2011
Financial year end
30 September
Peppol
Reachable since 18-12-2025
Company details

Annual accounts to 30-09-2025

€25,761▼ 23.7%
Filing
Filed on 19-03-2026, 42 days before the end of the filing period
Financials

Insights on R-projects

R-projects files the micro format. That format states no turnover. The gross margin fell from -€1,965 in 2012 to -€26,075 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-projects

What is the company number of R-projects?
The company number of R-projects is 0836.729.918. The VAT number is the same number with BE in front: BE 0836.729.918.
Where is R-projects based?
The registered office is at Lanchalsstraat 18, 9160 Lokeren.Company details
What does R-projects do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of R-projects?
R-projects is a private limited company (pre-2019) (BVBA).
When was R-projects founded?
R-projects was founded on 01-06-2011.
Is R-projects still active?
Yes, R-projects is an active enterprise in the KBO register.
What is the turnover of R-projects?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is R-projects profitable?
In financial year 2025, R-projects made a loss of €28,125.
Where can I find the annual accounts of R-projects?
R-projects filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of R-projects due?
R-projects must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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