R & R
ActiveSummary
R & R has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €29k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▲+2
Solvency58▼-16
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.3 against 18.83 in 2024; short-term debt: 18.8% and cash: 5.2% of total assets), but 66.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
33.2%
Return on assets
1.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
7 d early
2022
13 d early
2021
26 d early
2020
15 d early
2019
9 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
€512k▼ 32.2%
2024 · €755k
2018: €546k
2019: €610k▲ +11.6% vs 2018
2020: €615k▲ +0.8% vs 2019
2021: €632k▲ +2.8% vs 2020
2022: €711k▲ +12.7% vs 2021
2023: €735k▲ +3.3% vs 2022
2024: €755k▲ +2.6% vs 2023highest in 8 years
2025: €512k▼ -32.2% vs 2024lowest in 8 years
2018 → 2025
Total assets
€1.54M▲ 0.6%
2024 · €1.53M
2018: €1.17Mlowest in 8 years
2019: €1.31M▲ +11.9% vs 2018
2020: €1.30M▼ -1.1% vs 2019
2021: €1.34M▲ +2.8% vs 2020
2022: €1.50M▲ +12.1% vs 2021
2023: €1.47M▼ -1.7% vs 2022
2024: €1.53M▲ +4.0% vs 2023
2025: €1.54M▲ +0.6% vs 2024highest in 8 years
2018 → 2025
Net result
€29k▲ 47.9%
2024 · €19k
2018: €55k
2019: €63k▲ +14.6% vs 2018
2020: €5k▼ -92.3% vs 2019lowest in 8 years
2021: €17k▲ +248% vs 2020
2022: €80k▲ +370% vs 2021highest in 8 years
2023: €24k▼ -70.2% vs 2022
2024: €19k▼ -19.0% vs 2023
2025: €29k▲ +47.9% vs 2024
2018 → 2025
Working capital
€1.24M▼ 14.0%
2024 · €1.45M
2018: €1.02Mlowest in 8 years
2019: €1.11M▲ +8.2% vs 2018
2020: €1.14M▲ +3.2% vs 2019
2021: €1.20M▲ +4.9% vs 2020
2022: €1.32M▲ +10.3% vs 2021
2023: €1.39M▲ +4.9% vs 2022
2024: €1.45M▲ +4.4% vs 2023highest in 8 years
2025: €1.24M▼ -14.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€632k-€711k▲ 12.7%€735k▲ 3.3%€755k▲ 2.6%€512k▼ 32.2%
2021: €632k
2022: €711k▲ +12.7% vs 2021
2023: €735k▲ +3.3% vs 2022
2024: €755k▲ +2.6% vs 2023highest in 5 years
2025: €512k▼ -32.2% vs 2024lowest in 5 years
Operating result€72k-€154k▲ 114%€81k▼ 47.1%€75k▼ 8.2%€89k▲ 18.6%
2021: €72klowest in 5 years
2022: €154k▲ +114% vs 2021highest in 5 years
2023: €81k▼ -47.1% vs 2022
2024: €75k▼ -8.2% vs 2023
2025: €89k▲ +18.6% vs 2024
Net result€17k-€80k▲ 370%€24k▼ 70.2%€19k▼ 19.0%€29k▲ 47.9%
2021: €17klowest in 5 years
2022: €80k▲ +370% vs 2021highest in 5 years
2023: €24k▼ -70.2% vs 2022
2024: €19k▼ -19.0% vs 2023
2025: €29k▲ +47.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.54M
Fixed assets
€7k ▲ 85.3%
Current assets
€1.53M ▲ 0.3%
Equity and liabilities €1.54M
Equity
€512k ▼ 32.2%
Debt
€1.03M ▲ 32.3%
Debt's share of the balance-sheet total rises from 50.8% to 66.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€90k▲
2024 · €76k
Cash flow
€30k▲
2024 · €21k
Current ratio
5.30▼
2024 · 18.83
Quick ratio
0.47▼
2024 · 1.43
Debt to equity
2.01▲
2024 · 1.03
ROE
5.6%▲
2024 · 2.6%
ROA
1.8%▲
2024 · 1.3%
Interest coverage
2.04▲
2024 · 1.84
Debt ≤ 1 year
€290k▲
2024 · €81k
Debt > 1 year
€239k=
2024 · €239k
Income taxes
€16k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.53M€1.54M▲
Fixed assets21/28€4k€7k▲
Tangible fixed assets22/27€1k€5k▲
Furniture and vehicles24€1k€51▼
Other tangible fixed assets26-€5k
Financial fixed assets28€3k€3k=
Current assets29/58€1.53M€1.53M▲
Stocks and contracts in progress3€1.41M€1.40M▼
Stocks30/36€1.41M€1.40M▼
Amounts receivable within one year40/41€42k€52k▲
Trade receivables40€42k€52k▲
Cash at bank and in hand54/58€70k€79k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.54M▲
Equity10/15€755k€512k▼
Contributions10/11€19k€19k=
Reserves13€577k€334k▼
Distributable reserves133€577k€334k▼
Profit (loss) carried forward14€159k€159k=
Amounts payable17/49€778k€1.03M▲
Amounts payable after more than one year17€239k€239k=
Financial debts170/4€239k€239k=
Amounts payable within one year42/48€81k€290k▲
Trade debts44€29k€13k▼
Suppliers440/4€29k€13k▼
Taxes, remuneration and social security45€39k€25k▼
Taxes450/3€39k€25k▼
Other amounts payable47/48€13k€252k▲
Accrued charges and deferred income492/3€459k€502k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€3k▲
Other operating charges640/8€12k€13k▲
Gross operating margin9900€88k€106k▲
Operating profit (loss)9901€75k€89k▲
Financial income75/76B€0€289▲
Recurring financial income75€0€289▲
Financial charges65/66B€41k€44k▲
Recurring financial charges65€41k€44k▲
Profit (loss) for the period before taxes9903€33k€45k▲
Income taxes67/77€14k€16k▲
Profit (loss) for the period9904€19k€29k▲
Profit (loss) for the period to be appropriated9905€19k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€178k€187k▲
Profit (loss) brought forward from the previous period14P€159k€159k=
Transfer from equity791/2-€272k
Transfer to equity691/2€19k€29k▲
To other reserves6921€19k€29k▲
Profit to be distributed694/7-€272k
Return on contributions (dividend)694-€272k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €24k | €0 | - | - | - |
| Remuneration, social security and pensions62 | €9k | €6k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €7k | €6k | €1k | €1k | ▲ 22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-5k | €0 | €180 | €0 | €3k | - |
| Other operating charges640/8 | €24k | €21k | €19k | €12k | €13k | ▲ 6.2% |
| Gross operating margin9900 | €108k | €188k | €107k | €88k | €106k | ▲ 20.1% |
| Operating profit (loss)9901 | €72k | €154k | €81k | €75k | €89k | ▲ 18.6% |
| Financial income75/76B | €1 | €10 | €0 | €0 | €289 | ▲ 577,720% |
| Recurring financial income75 | €1 | €10 | €0 | €0 | €289 | ▲ 577,720% |
| Financial charges65/66B | €36k | €38k | €39k | €41k | €44k | ▲ 6.9% |
| Recurring financial charges65 | €36k | €38k | €39k | €41k | €44k | ▲ 6.9% |
| Profit (loss) for the period before taxes9903 | €36k | €116k | €42k | €33k | €45k | ▲ 34.0% |
| Income taxes67/77 | €19k | €37k | €18k | €14k | €16k | ▲ 15.2% |
| Profit (loss) for the period9904 | €17k | €80k | €24k | €19k | €29k | ▲ 47.9% |
| Profit (loss) for the period to be appropriated9905 | €17k | €80k | €24k | €19k | €29k | ▲ 47.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.34M | €1.50M | €1.47M | €1.53M | €1.54M | ▲ 0.6% |
| Fixed assets21/28 | €15k | €8k | €5k | €4k | €7k | ▲ 85.3% |
| Tangible fixed assets22/27 | €12k | €5k | €2k | €1k | €5k | ▲ 267% |
| Plant, machinery and equipment23 | €2k | €0 | - | - | - | - |
| Furniture and vehicles24 | €10k | €5k | €2k | €1k | €51 | ▼ 96.0% |
| Other tangible fixed assets26 | €0 | - | - | - | €5k | - |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €1.32M | €1.49M | €1.47M | €1.53M | €1.53M | ▲ 0.3% |
| Stocks and contracts in progress3 | €1.16M | €1.30M | €1.33M | €1.41M | €1.40M | ▼ 1.1% |
| Stocks30/36 | €1.16M | €1.30M | €1.33M | €1.41M | €1.40M | ▼ 1.1% |
| Amounts receivable within one year40/41 | €66k | €65k | €53k | €42k | €52k | ▲ 25.5% |
| Trade receivables40 | €66k | €65k | €53k | €42k | €52k | ▲ 25.5% |
| Cash at bank and in hand54/58 | €90k | €124k | €83k | €70k | €79k | ▲ 13.6% |
| Deferred charges and accrued income490/1 | €5k | €4k | €5k | €5k | €5k | ▲ 13.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.34M | €1.50M | €1.47M | €1.53M | €1.54M | ▲ 0.6% |
| Equity10/15 | €632k | €711k | €735k | €755k | €512k | ▼ 32.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €454k | €534k | €558k | €577k | €334k | ▼ 42.1% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €452k | €532k | €558k | €577k | €334k | ▼ 42.1% |
| Profit (loss) carried forward14 | €159k | €159k | €159k | €159k | €159k | = |
| Amounts payable17/49 | €706k | €787k | €739k | €778k | €1.03M | ▲ 32.3% |
| Amounts payable after more than one year17 | €239k | €239k | €239k | €239k | €239k | = |
| Financial debts170/4 | €239k | €239k | €239k | €239k | €239k | = |
| Amounts payable within one year42/48 | €123k | €169k | €82k | €81k | €290k | ▲ 257% |
| Current portion of amounts payable after more than one year42 | €3k | €0 | - | - | - | - |
| Trade debts44 | €24k | €103k | €15k | €29k | €13k | ▼ 56.1% |
| Suppliers440/4 | €24k | €103k | €15k | €29k | €13k | ▼ 56.1% |
| Taxes, remuneration and social security45 | €29k | €61k | €61k | €39k | €25k | ▼ 35.5% |
| Taxes450/3 | €28k | €60k | €61k | €39k | €25k | ▼ 35.5% |
| Remuneration and social security454/9 | €393 | €425 | €0 | - | - | - |
| Other amounts payable47/48 | €68k | €6k | €6k | €13k | €252k | ▲ 1,788% |
| Accrued charges and deferred income492/3 | €344k | €380k | €418k | €459k | €502k | ▲ 9.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €80k | €24k | €19k | €29k | ▲ 47.9% |
| + Depreciation and write-downs630 | €8k | €7k | €6k | €1k | €1k | ▲ 22.2% |
| Operating cash flow (approximation) | €25k | €87k | €30k | €21k | €30k | ▲ 46.3% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €0 | €-5k | - |
| Change in cash | - | €34k | €-42k | €-13k | €10k | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 17.88
Current ratio from 8.81 to 17.88; short-term debt falls from €169k to €82k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €80k ▲370%
Operating result €154k, net result €80k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €5k ▼92.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
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 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Destelbergen · 2 establishment units since 2000
Ground area
8,112 m²
Building footprint
2,822 m²
Volume, LiDAR
12,838 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Muizendries(HEU) 11, 9070 Destelbergen
since 20002.099.794.731
Fraterstraat 45, 9820 Merelbeke-Melle
since 20092.183.407.345
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0262/00P002 | Flanders | 6,982 m² | 1 · 2,656 m² | 6.1 m · 2 fl. |
| 44028B0265/00M000 | Flanders | 1,129 m² | 1 · 166 m² | 9.0 m · 2 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerelbeke-Melle2.183.407.345
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DELIVIN
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Of 1,049 companies in sector 46341 we hold annual accounts for 535. 322 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
Founded22-08-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46341Wholesale of wines and spirits
47252Retail sale of beverages, general range
Scores and ratios are computed by Checked and are not a credit decision.