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R&R Projects

Active
Private limited companyfounded 20196 yrs activeKempische Kaai 59, 3500 Hasselt, BelgiumKBO/BCE: BE 0738.955.007
Summary

The computed 12-month bankruptcy probability of R&R Projects is 2.9% (moderate). The 2024 annual accounts show equity of €230,563 and a net result of -€2,781. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability35=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.09 in 2023; short-term debt: 3.5% and cash: 0.1% of total assets), and 4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
96%
Return on assets
-1.2%
Age of the figures
21 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 16-06-2026, 45 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
45 d early
2024
45 d early
2023
64 d early
2022
68 d early
2021
46 d early
2020
46 d early
2019
64 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 54 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 December 2019, R&R Projects was incorporated as a Private limited company.1 Total assets went from €249,999 in 2019 to €240,151 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Equity
€230,563▼ 1.2%
2023 · €233,344
Total assets
€240,151▼ 0.2%
2023 · €240,591
Net result
-€2,781▼ 20.8%
2023 · -€2,301
Working capital
-€8,349▼ 39.8%
2023 · -€5,971
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€4,559▲ 14.3%-€2,641▲ 42.1%-€1,388▲ 47.5%-€2,253▼ 62.4%-€2,728▼ 21.1%
Net result-€4,559▲ 18.9%-€2,737▲ 40.0%-€1,436▲ 47.5%-€2,301▼ 60.3%-€2,781▼ 20.8%
Equity€239,818▼ 1.9%€237,080▼ 1.1%€235,645▼ 0.6%€233,344▼ 1.0%€230,563▼ 1.2%
Total assets€242,778▼ 2.9%€240,333▼ 1.0%€240,212▼ 0.1%€240,591▲ 0.2%€240,151▼ 0.2%
Debt€2,960▼ 47.4%€3,252▲ 9.9%€4,567▲ 40.4%€7,247▲ 58.7%€9,588▲ 32.3%
Working capital€491▼ 93.3%-€2,244-€3,670▼ 63.6%-€5,971▼ 62.7%-€8,349▼ 39.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2020: -€4,559-€4,559Net result 2020: -€4,559-€4,559Operating result 2021: -€2,641-€2,641Net result 2021: -€2,737-€2,737Operating result 2022: -€1,388-€1,388Net result 2022: -€1,436-€1,436Operating result 2023: -€2,253-€2,253Net result 2023: -€2,301-€2,301Operating result 2024: -€2,728-€2,728Net result 2024: -€2,781-€2,78120202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€1,388-€1,390Net result 2022: -€1,436-€1,440Operating result 2023: -€2,253-€2,250Net result 2023: -€2,301-€2,300Operating result 2024: -€2,728-€2,730Net result 2024: -€2,781-€2,780202220232024
The operating result stays negative: a loss of €2,728 in 2024 against €2,253 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240,151
Fixed assets €240,000 =
Current assets €151 ▼ 74.5%
Equity and liabilities €240,151
Equity €230,563 ▼ 1.2%
Debt €9,588 ▲ 32.3%
Debt's share of the balance-sheet total rises from 3.0% to 4.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.02▼
2023 · 0.09
Debt to equity
0.04▲
2023 · 0.03
ROE
-1.2%▼
2023 · -1.0%
ROA
-1.2%▼
2023 · -1.0%
Debt ≤ 1 year
€8,500▲
2023 · €6,562
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€240,591€240,151▼
Fixed assets21/28€240,000€240,000=
Financial fixed assets28€240,000€240,000=
Current assets29/58€591€151▼
Cash at bank and in hand54/58€591€151▼
Equity and liabilities
Total equity and liabilities10/49€240,591€240,151▼
Equity10/15€233,344€230,563▼
Contributions10/11€250,000€250,000=
Profit (loss) carried forward14-€16,656-€19,437▼
Amounts payable17/49€7,247€9,588▲
Amounts payable within one year42/48€6,562€8,500▲
Trade debts44€62€0▼
Suppliers440/4€62€0▼
Other amounts payable47/48€6,500€8,500▲
Accrued charges and deferred income492/3€685€1,088▲
Income statement Code20232024
Other operating charges640/8€532€537▲
Gross operating margin9900-€1,721-€2,191▼
Operating profit (loss)9901-€2,253-€2,728▼
Financial charges65/66B€48€53▲
Recurring financial charges65€48€53▲
Profit (loss) for the period before taxes9903-€2,301-€2,781▼
Profit (loss) for the period9904-€2,301-€2,781▼
Profit (loss) for the period to be appropriated9905-€2,301-€2,781▼
Appropriation of the result
Profit (loss) to be appropriated9906-€16,656-€19,437▼
Profit (loss) brought forward from the previous period14P-€14,355-€16,656▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€854€494€532€537▲ 1.0%
Gross operating margin9900-€3,836-€1,787-€893-€1,721-€2,191▼ 27.3%
Operating profit (loss)9901-€4,559-€2,641-€1,388-€2,253-€2,728▼ 21.1%
Financial charges65/66B-€96€48€48€53▲ 9.4%
Recurring financial charges65-€96€48€48€53▲ 9.4%
Profit (loss) for the period before taxes9903-€4,559-€2,737-€1,436-€2,301-€2,781▼ 20.8%
Profit (loss) for the period9904-€4,559-€2,737-€1,436-€2,301-€2,781▼ 20.8%
Profit (loss) for the period to be appropriated9905-€4,559-€2,737-€1,436-€2,301-€2,781▼ 20.8%
Line20202021202220232024Change
Assets
Total assets20/58€242,778€240,333€240,212€240,591€240,151▼ 0.2%
Fixed assets21/28€240,000€240,000€240,000€240,000€240,000=
Financial fixed assets28€240,000€240,000€240,000€240,000€240,000=
Current assets29/58€2,778€333€212€591€151▼ 74.5%
Cash at bank and in hand54/58€2,778€333€212€591€151▼ 74.5%
Equity and liabilities
Total equity and liabilities10/49€242,778€240,333€240,212€240,591€240,151▼ 0.2%
Equity10/15€239,818€237,080€235,645€233,344€230,563▼ 1.2%
Contributions10/11-€250,000€250,000€250,000€250,000=
Profit (loss) carried forward14-€10,182-€12,920-€14,355-€16,656-€19,437▼ 16.7%
Amounts payable17/49€2,960€3,252€4,567€7,247€9,588▲ 32.3%
Amounts payable within one year42/48€2,287€2,576€3,883€6,562€8,500▲ 29.5%
Trade debts44€2,287€2,208€194€62€0▼ 100%
Suppliers440/4-€2,208€194€62€0▼ 100%
Other amounts payable47/48-€368€3,689€6,500€8,500▲ 30.8%
Accrued charges and deferred income492/3-€676€685€685€1,088▲ 58.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€4,559-€2,737-€1,436-€2,301-€2,781▼ 20.8%
Operating cash flow (approximation)-€4,559-€2,737-€1,436-€2,301-€2,781▼ 20.8%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€2,445-€120€379-€440▼ 216%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
7,392 m²
Building footprint
919 m²
Volume, LiDAR
18,994 m³
Parcel 71327G0279/00Z002, Flanders · tallest building 24.0 m, ±7 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
R&R Projects
Kempische Kaai 59, 3500 HasseltHoldings
since 2019unit no. 2.300.315.804
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0279/00Z002 Flanders 7,392 m² 1 · 919 m² 24.0 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of R&R Projects and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 2 Gazette acts processed.

Company details

Identification
Legal formPrivate limited company
Founded11-12-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 1 October 2026 · Peppol Directory

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