R.S. Réfrigération
ActiveR.S. Réfrigération has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48k and a net result of €49k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 42% of 514 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+18
Solvency69▼-23
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.98 in 2023; short-term debt: 56.4% and cash: 62.9% of total assets), but 56.4% 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.
+raises risk○neutral
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
55 d early
2022
55 d early
2021
40 d early
2020
57 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€48k▲ 3.2%
2023 · €47k
2020: €25k
2021: €29k
2022: €39k
2023: €47k
2020 → 2024
Total assets
€110k▲ 58.3%
2023 · €70k
2020: €50k
2021: €63k
2022: €59k
2023: €70k
2020 → 2024
Net result
€49k▲ 558%
2023 · €7k
2020: €20k
2021: €4k
2022: €10k
2023: €7k
2020 → 2024
Working capital
€45k▲ 2.4%
2023 · €44k
2020: €25k
2021: €23k
2022: €36k
2023: €44k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€29k▲ 14.4%€39k▲ 35.0%€47k▲ 18.8%€48k▲ 3.2%
Operating result€20k-€4k▼ 80.6%€17k▲ 342%€11k▼ 36.9%€63k▲ 475%
Net result€20k-€4k▼ 82.1%€10k▲ 178%€7k▼ 27.4%€49k▲ 558%
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 2024; 2024 is 475% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €110k
Fixed assets
€3k▼ 14.1%
Current assets
€107k▲ 62.4%
Equity and liabilities €110k
Equity
€48k▲ 3.2%
Debt
€62k▲ 170%
The debt ratio rises from 33.0% to 56.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2023 · €13k
Cash flow
€50k▲
2023 · €10k
Solvency
43.6%▼
2023 · 67.0%
Current ratio
1.72▼
2023 · 2.98
Quick ratio
1.42▼
2023 · 2.03
Debt / equity
1.29▲
2023 · 0.49
ROE
101.0%▲
2023 · 15.8%
ROA
44.1%▲
2023 · 10.6%
Interest coverage
1205.30▲
2023 · 123.82
Debt
€62k▲
2023 · €23k
Debt ≤ 1 year
€62k▲
2023 · €22k
Income taxes
€18k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€70k€110k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€146€146=
Current assets29/58€66k€107k▲
Stocks and contracts in progress3€21k€19k▼
Stocks30/36€21k€19k▼
Amounts receivable within one year40/41€26k€19k▼
Trade receivables40€26k€15k▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€19k€69k▲
Equity and liabilities
Total equity and liabilities10/49€70k€110k▲
Equity10/15€47k€48k▲
Contributions10/11€5k€5k=
Reserves13€10k€10k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€32k€33k▲
Amounts payable17/49€23k€62k▲
Amounts payable within one year42/48€22k€62k▲
Trade debts44€9k-
Suppliers440/4€9k-
Taxes, remuneration and social security45€515€22k▲
Taxes450/3€515€22k▲
Other amounts payable47/48€12k€40k▲
Accrued charges and deferred income492/3€931-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€808€794▼
Gross operating margin9900€14k€66k▲
Operating profit (loss)9901€11k€63k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Non-recurring financial income76B-€3k
Financial charges65/66B€109€54▼
Recurring financial charges65€109€54▼
Profit (loss) for the period before taxes9903€11k€66k▲
Income taxes67/77€4k€18k▲
Profit (loss) for the period9904€7k€49k▲
Profit (loss) for the period to be appropriated9905€7k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€80k▲
Profit (loss) brought forward from the previous period14P€24k€32k▲
Profit to be distributed694/7-€47k
Return on contributions (dividend)694-€47k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €49k ▲558%
Operating result €63k, net result €49k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €4k ▼82.1%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Philippeville · 1 establishment unit since 2020
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.
Rue du Gai(VOD) 275600 PhilippevilleGround area
999 m²
Building footprint
98 m²
Parcel 93085B0153/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
R.S. Réfrigération
since 20202.308.452.322
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93085B0153/00C000 | Wallonia | 999 m² | 1 · 98 m² | - |
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
ROSKAMS-TERSAGO
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Modulec
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Hoevelinck Philippe
BE 0655.771.072
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L.D. COOLING
BE 0674.760.011
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ML Projects - Solutions
BE 0776.988.311
Affligem · Eq €51k
Of 462 companies in sector 28250 we hold annual accounts for 285. 164 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2020
Fiscal year end31-12
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
33140Repair and maintenance of electrical equipment
42219Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@rs-refrigeration.be
Phone:+32476430818