R1 SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of R1 SERVICES is 2.1% (moderate). The 2025 annual accounts show equity of €28,247 and a net result of -€2,144. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 18626 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-7
Solvency51▼-5
Growth68▼-17
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.01 in 2024; short-term debt: 74.2% and cash: 27.2% of total assets), and 74.2% 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 · 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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
-2%
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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
186 d late
2023
230 d late
2022
157 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 151 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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 19 January (3 of the last 4 filed years within 59 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€97,022▲ 58.4%
2022 · €61,270
EBIT margin
22.2%▲ 22.9pp
2022 · -0.7%
Net result
-€2,144
2024 · €3,493
Working capital
€15,272▲ 1,839%
2024 · €787
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€61,270-€97,022▲ 58.4%
Operating result-€416-€21,557€3,819▼ 82.3%€1,782▼ 53.4%
Net result-€701within the sector's middle half-€18,599within the sector's middle half€3,493within the sector's middle half▼ 81.2%-€2,144within the sector's middle half
EBIT margin-0.7%-22.2%▲ 22.9pp
Equity€19,299within the sector's middle half-€26,898within the sector's middle half▲ 39.4%€30,391within the sector's middle half▲ 13.0%€28,247within the sector's middle half▼ 7.1%
Total assets€72,843within the sector's middle half-€105,079within the sector's middle half▲ 44.3%€98,441within the sector's middle half▼ 6.3%€109,403within the sector's middle half▲ 11.1%
Debt€53,544-€78,181▲ 46.0%€68,050▼ 13.0%€81,156▲ 19.3%
Working capital-€18,727below the sector's middle half--€14,735below the sector's middle half▲ 21.3%€787within the sector's middle half€15,272within the sector's middle half▲ 1,839%
Solvency26.5%within the sector's middle half-25.6%within the sector's middle half▼ 0.9pp30.9%within the sector's middle half▲ 5.3pp25.8%within the sector's middle half▼ 5.1pp
Current ratio0.65below the sector's middle half-0.81below the sector's middle half▲ 0.161.01within the sector's middle half▲ 0.201.19within the sector's middle half▲ 0.18
Return on assets (ROA)-1.0%within the sector's middle half-17.7%above the sector's middle half▲ 18.7pp3.5%within the sector's middle half▼ 14.2pp-2.0%within the sector's middle half▼ 5.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109,403
Fixed assets
€12,975 ▼ 56.2%
Current assets
€96,428 ▲ 40.1%
Equity and liabilities €109,403
Equity
€28,247 ▼ 7.1%
Debt
€81,156 ▲ 19.3%
Debt's share of the balance-sheet total rises from 69.1% to 74.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18,411▲
2024 · €15,848
Cash flow
€14,484▼
2024 · €15,522
Quick ratio
1.06▲
2024 · 1.01
Debt to equity
2.87▲
2024 · 2.24
ROE
-7.6%▼
2024 · 11.5%
Interest coverage
26.78▼
2024 · 48.39
Debt ≤ 1 year
€81,156▲
2024 · €68,050
Income taxes
€3,387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
4.3%
went bankrupt
3.9%
stopped otherwise
91%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,548 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €61,270 | €97,022 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €52,442 | €69,757 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,610 | €9,901 | €12,029 | €16,629 | ▲ 38.2% |
| Other operating charges640/8 | €2,494 | €3,619 | €5,402 | €4,046 | ▼ 25.1% |
| Gross operating margin9900 | €10,688 | €35,077 | €21,250 | €22,456 | ▲ 5.7% |
| Operating profit (loss)9901 | -€416 | €21,557 | €3,819 | €1,782 | ▼ 53.4% |
| Financial income75/76B | - | €1 | €1 | €149 | ▲ 11,699% |
| Recurring financial income75 | - | €1 | €1 | €149 | ▲ 11,699% |
| Financial charges65/66B | €285 | €314 | €328 | €687 | ▲ 110% |
| Recurring financial charges65 | €285 | €314 | €328 | €687 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | -€701 | €21,243 | €3,493 | €1,243 | ▼ 64.4% |
| Income taxes67/77 | - | €2,644 | - | €3,387 | - |
| Profit (loss) for the period9904 | -€701 | €18,599 | €3,493 | -€2,144 | ▼ 161% |
| Profit (loss) for the period to be appropriated9905 | -€701 | €18,599 | €3,493 | -€2,144 | ▼ 161% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €72,843 | €105,079 | €98,441 | €109,403 | ▲ 11.1% |
| Fixed assets21/28 | €38,026 | €41,633 | €29,604 | €12,975 | ▼ 56.2% |
| Tangible fixed assets22/27 | €38,026 | €41,633 | €29,604 | €12,975 | ▼ 56.2% |
| Furniture and vehicles24 | €38,026 | €41,633 | €29,604 | €12,975 | ▼ 56.2% |
| Current assets29/58 | €34,817 | €63,447 | €68,837 | €96,428 | ▲ 40.1% |
| Stocks and contracts in progress3 | - | - | - | €10,600 | - |
| Stocks30/36 | - | - | - | €10,600 | - |
| Amounts receivable within one year40/41 | €33,570 | €25,149 | €38,897 | €53,683 | ▲ 38.0% |
| Trade receivables40 | €33,570 | €25,149 | €30,926 | €44,882 | ▲ 45.1% |
| Other amounts receivable41 | - | - | €7,972 | €8,801 | ▲ 10.4% |
| Cash at bank and in hand54/58 | €1,247 | €38,298 | €26,839 | €29,789 | ▲ 11.0% |
| Deferred charges and accrued income490/1 | - | - | €3,101 | €2,356 | ▼ 24.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €72,843 | €105,079 | €98,441 | €109,403 | ▲ 11.1% |
| Equity10/15 | €19,299 | €26,898 | €30,391 | €28,247 | ▼ 7.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€701 | €6,898 | €10,391 | €8,247 | ▼ 20.6% |
| Amounts payable17/49 | €53,544 | €78,181 | €68,050 | €81,156 | ▲ 19.3% |
| Amounts payable within one year42/48 | €53,544 | €78,181 | €68,050 | €81,156 | ▲ 19.3% |
| Trade debts44 | €1,511 | €10,117 | €16,427 | €23,141 | ▲ 40.9% |
| Suppliers440/4 | €1,511 | €10,117 | €16,427 | €23,141 | ▲ 40.9% |
| Advances received on contracts in progress46 | - | - | - | €600 | - |
| Taxes, remuneration and social security45 | €3,792 | €9,878 | €10,248 | €16,797 | ▲ 63.9% |
| Taxes450/3 | €3,792 | €9,878 | €10,248 | €16,797 | ▲ 63.9% |
| Other amounts payable47/48 | €48,241 | €58,186 | €41,375 | €40,618 | ▼ 1.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€701 | €18,599 | €3,493 | -€2,144 | ▼ 161% |
| + Depreciation and write-downs630 | €8,610 | €9,901 | €12,029 | €16,629 | ▲ 38.2% |
| Operating cash flow (approximation) | €7,909 | €28,500 | €15,522 | €14,484 | ▼ 6.7% |
| Investment in fixed assets (approximation) | - | -€13,508 | €0 | €0 | - |
| Change in cash | - | €37,051 | -€11,459 | €2,950 | ▲ 126% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 186 days late
2025
31-12
Financial
Weakest financial yearnet -€2,144
Net result drops to -€2,144, the lowest in the series.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 230 days late
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 157 days late
2023
31-12
Financial
Back to profitnet €18,599
Net result €18,599 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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, Antwerpen · 1 establishment unit since 2021
Ground area
302 m²
Building footprint
243 m²
Volume, LiDAR
1,045 m³
Parcel 11382A0330/00R002, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
R1 CARS ANTWERPEN
since 20212.315.420.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382A0330/00R002 | Flanders | 302 m² | 1 · 243 m² | 5.0 m · 1 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.
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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 2,937 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
Founded02-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
77120Rental and leasing activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766322764
Also
9925:BE0766322764
Registered
09-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.