Losses
-€56,636 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
R2D Engineering
Lifetime
13 annual accounts with figures on one time axispeak €97,547 (2017)
€27,952▲ 62.4%
lowest -€30,015 (2022)
-€1,730▲ €11,112
peak €392,886 (2021)
€336,250▼ 0.5%
€7,081▼ 25.6%
Board1 name since 2012
1 directorJespers, Kurt August Maria
Documentsfilings and deeds
20-07-202611 days before the deadline
2025micro format
Gross margin from €17,213 to €27,952Loss of €1,730Debts from €9,515 to €7,081
Key points
from the 2025 annual accountsFilings
13 annual accounts since 2013
Four of the last ten came late. The 2019 accounts came latest: 35 days after the end of the period.
Position in the sector
97.9%
Higher solvency than 95% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Checked score
95
Excellent
Financially stronger than 62% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 21.68, cash €136,558
Equity €336,250 (97.9% of total assets)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €343,332
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 94% on liquidity, 29% on profitability and 37% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as R2D Engineering has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of R2D Engineering itself is lower: < 0.1% within 12 months. It rests on far more data about R2D Engineering than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for R2D Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 21.68 (16.38 in 2024), above the usual 1.5. Short-term debt is 2.1% and cash 39.8% of total assets. 2.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 days early
2024
1 day early
2023
12 days late
2022
4 days late
2021
23 days early
2020
9 days early
2019
35 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0843700753
Change of role: Jespers, Kurt August Maria, from manager to director
“Het verhuren van vakantieverblijven en andere accommodatie voor kort verblijft; Beheer en exploitatie van…” (deed in Dutch) · General meeting of 15-02-2021 · Gazette deed
Incorporation
published on 28-02-2012 · Gazette deed
First establishment
Hendrik van Zellestraat 50, Oud-Turnhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| R2D Engineering Oud-Turnhout | €343,332 | €27,952 | 97.9% | - |
| ERNES SOFTWARE SOLUTIONS Tongeren-Borgloon | €374,841 | €30,418 | 87.0% | - |
| RB-INTERIEUR Genk | €357,197 | €29,111 | 22.1% | - |
| VUMECO Nieuwpoort | €291,488 | €26,143 | 30.7% | - |
| PICCARD ENGINEERING Heusden-Zolder | €399,481 | €27,244 | 58.7% | - |
| GAGELMANS CONSULTING Schilde | €292,645 | €25,937 | 99.1% | - |
| ENERGIEBUREAU DIRK DE GROOF Putte | €454,486 | €23,260 | 5.8% | - |
These companies have the same main activity as R2D Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €291,000 and €454,000, founded between 2007 and 2014.
Official details
Source: KBO- Status
- Active since 13-02-2012Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.207.336.4532360 Oud-Turnhout, since 13-02-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 06-08-2025
Annual accounts 2025
- ≈ €85,000estimated
- €343,332▼ 1.2%
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on R2D Engineering
R2D Engineering files the micro format. That format states no turnover. The gross margin fell from €90,961 in 2013 to €27,952 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about R2D Engineering
- What is the company number of R2D Engineering?
- The company number of R2D Engineering is 0843.700.753. The VAT number is the same number with BE in front: BE 0843.700.753.
- Where is R2D Engineering based?
- The registered office is at Hendrik van Zellestraat 50, 2360 Oud-Turnhout.Company details
- What does R2D Engineering do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of R2D Engineering?
- R2D Engineering is a private limited company (BV).
- When was R2D Engineering founded?
- R2D Engineering was founded on 13-02-2012.
- Is R2D Engineering still active?
- Yes, R2D Engineering is an active enterprise in the KBO register.
- What is the turnover of R2D Engineering?
- The turnover in financial year 2025 is ≈ €85,000. This figure is estimated from the gross margin of €27,952 and 32 comparable companies (NACE 71121). It probably lies between €55,000 and €110,000.Financials
- Is R2D Engineering profitable?
- In financial year 2025, R2D Engineering made a loss of €1,730.
- Where can I find the annual accounts of R2D Engineering?
- R2D Engineering filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of R2D Engineering due?
- R2D Engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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