R.S.CARS
ActiveSummary
R.S.CARS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €5k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+4
Solvency33▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.1 in 2024; short-term debt: 42.7% and cash: 4.3% of total assets), and 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
8.2%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
30 d late
2021
24 d late
2020
31 d late
2019
56 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 18.8%
2024 · €26k
2018: €43k
2019: €37k
2020: €43k
2021: €60k
2022: €45k
2023: €34k
2024: €26k
2018 → 2025
Total assets
€377k▼ 7.4%
2024 · €407k
2018: €373k
2019: €367k
2020: €356k
2021: €430k
2022: €426k
2023: €379k
2024: €407k
2018 → 2025
Net result
€5k
2024 · €-8k
2018: €6k
2019: €-5k
2020: €6k
2021: €17k
2022: €-16k
2023: €-11k
2024: €-8k
2018 → 2025
Working capital
€38k▲ 127%
2024 · €17k
2018: €58k
2019: €48k
2020: €92k
2021: €101k
2022: €64k
2023: €52k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€45k▼ 25.8%€34k▼ 24.0%€26k▼ 23.8%€31k▲ 18.8%
Operating result€25k-€-8k€-4k▲ 53.1%€-2k▲ 55.7%€10k
Net result€17k-€-16k€-11k▲ 30.8%€-8k▲ 24.6%€5k
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: €10k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€178k ▼ 18.9%
Current assets
€199k ▲ 6.1%
Equity and liabilities €377k
Equity
€31k ▲ 18.8%
Debt
€346k ▼ 9.2%
Debt's share of the balance-sheet total falls from 93.6% to 91.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €42k
Cash flow
€50k▲
2024 · €35k
Current ratio
1.24▲
2024 · 1.10
Quick ratio
0.28▲
2024 · 0.27
Debt to equity
11.23▼
2024 · 14.70
ROE
15.8%▲
2024 · -31.3%
ROA
1.3%▲
2024 · -2.0%
Interest coverage
10.26▲
2024 · 6.51
Debt ≤ 1 year
€161k▼
2024 · €171k
Debt > 1 year
€169k▼
2024 · €197k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€407k€377k▼
Fixed assets21/28€220k€178k▼
Tangible fixed assets22/27€219k€177k▼
Land and buildings22€86k€85k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€41k€31k▼
Leasing and similar rights25€92k€58k▼
Financial fixed assets28€620€620=
Current assets29/58€187k€199k▲
Stocks and contracts in progress3€141k€155k▲
Stocks30/36€141k€155k▲
Amounts receivable within one year40/41€33k€23k▼
Trade receivables40€28k€23k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€7k€16k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€407k€377k▼
Equity10/15€26k€31k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€5k€10k▲
Amounts payable17/49€381k€346k▼
Amounts payable after more than one year17€197k€169k▼
Financial debts170/4€197k€169k▼
Amounts payable within one year42/48€171k€161k▼
Current portion of amounts payable after more than one year42€38k€28k▼
Financial debts43€13k€14k▲
Credit institutions430/8€13k€14k▲
Trade debts44€15k€6k▼
Suppliers440/4€15k€6k▼
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€101k€107k▲
Accrued charges and deferred income492/3€13k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€45k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€185-
Gross operating margin9900€45k€58k▲
Operating profit (loss)9901€-2k€10k▲
Financial income75/76B€2€7▲
Recurring financial income75€2€7▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-8k€5k▲
Profit (loss) for the period9904€-8k€5k▲
Profit (loss) for the period to be appropriated9905€-8k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€10k▲
Profit (loss) brought forward from the previous period14P€14k€5k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-16k ▼189%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €17k ▲198%
Operating result €25k, net result €17k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Londerzeel · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stuikberg 361840 LonderzeelGround area
753 m²
Building footprint
548 m²
Volume, LiDAR
2,632 m³
Parcel 23045B0373/00E002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
R.S. CARS
since 19952.072.816.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045B0373/00E002 | Flanders | 753 m² | 1 · 548 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AVANTGARDE AUTO
BE 0627.640.577
Brussel · Eq €30,776
LA VILLA DE L'AUTOMOBILE
BE 0692.632.359
Colfontaine · Eq €30,886
R.VDL
BE 0862.563.887
Profondeville · Eq €30,749
TORINO CONSTRUCT
BE 0731.967.542
Sint-Pieters-Leeuw · Eq €30,910
PEURENCIT
BE 0843.835.563
Hensies · Eq €30,737
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,996 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.