RAIL SUPPORT SERVICES
RAIL SUPPORT SERVICES has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €10k. Equity is growing by ~26.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 11619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €109k |
| Net result | €10k |
| Better than sector | 85% |
| Active | 8 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.3% | 54.7% | |
| Net result | €10k | €15k | |
| Equity | €109k | €67k | |
| Gross operating margin | €24k | €40k | |
| Total assets | €128k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | -67.1% | +142.1% | -13.6% | - |
| Net profit | -77.3% | +1090.8% | -53.4% | - |
| Cash flow | -64.5% | +144.0% | -14.2% | - |
| Staff costs | - | - | - | - |
| Income taxes | -73.5% | +175.2% | -10.4% | - |
| Dividends | +3.1% | +4.1% | 0.0% | - |
| Total assets | -5.3% | +36.8% | -5.8% | - |
| Equity | -8.4% | +89.2% | +3.6% | - |
| Debt | +18.3% | -55.5% | -18.8% | - |
| of which ≤ 1y | +18.3% | -32.5% | +8.9% | - |
| of which > 1y | - | - | -45.5% | - |
| Working capital | -14.2% | +208.5% | +49.0% | - |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 4.90 | 6.38 | 2.18 | 1.86 |
| Quick ratio | 4.90 | 6.38 | 2.18 | 1.86 |
| Working capital ratio | 57.3% | 63.3% | 28.1% | 17.8% |
| Solvency | 85.3% | 88.2% | 63.8% | 58.0% |
| Debt / equity | 0.17 | 0.13 | 0.57 | 0.72 |
| Long-term debt ratio | - | - | 0.19 | 0.37 |
| Interest coverage | 393.36 | 58.08 | 20.03 | 19.04 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 8.1% | 33.6% | 3.9% | 7.8% |
| ROE | 9.4% | 38.1% | 6.1% | 13.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €128k | €135k | €99k | €105k |
| Fixed assets | 21/28 | €36k | €34k | €47k | €65k |
| Tangible fixed assets | 22/27 | €36k | €34k | €47k | €65k |
| Current assets | 29/58 | €92k | €101k | €51k | €40k |
| Amounts receivable within one year | 40/41 | €24k | €63k | €42k | €11k |
| Cash & bank | 54/58 | €13k | €14k | €9k | €30k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €128k | €135k | €99k | €105k |
| Equity | 10/15 | €109k | €119k | €63k | €61k |
| Contributions / capital | 10/11 | €1 | €19k | €6k | €6k |
| Reserves | 13 | €27k | €27k | €27k | €27k |
| Accumulated profits (losses) | 14 | €82k | €73k | €30k | €27k |
| Amounts payable | 17/49 | €19k | €16k | €36k | €44k |
| Amounts payable after one year | 17 | - | - | €12k | €22k |
| Amounts payable within one year | 42/48 | €19k | €16k | €24k | €22k |
| Trade debts payable within one year | 44 | €9k | €3k | €900 | €2k |
| Income statement | |||||
| Gross operating margin | 9900 | €24k | €71k | €30k | €36k |
| Operating result | 9901 | €14k | €62k | €11k | €16k |
| Financial income | 75 | €22 | €14 | €3 | €27 |
| Financial charges | 65 | €59 | €1k | €1k | €2k |
| Result before taxes | 9903 | €14k | €61k | €10k | €15k |
| Income taxes | 67/77 | €4k | €16k | €6k | €6k |
| Net result for the period | 9904 | €10k | €45k | €4k | €8k |
| Result to be appropriated | 9905 | €10k | €45k | €4k | €8k |
| NACE primary | Engineering and related technical consultancy, excluding land surveyors(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 13-08-2018 |
| Status | Active |
| Postal code | 2520 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035B0216/00Y000 | Flanders | 385 m² | 1 · 108 m² | 5.6 m |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2023 Discharge granted to the board correction
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": "bestuurder",
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"rrn": null,
"name": "EMBRECHTS Bjorn",
"address": "2520 Ranst, Bijlstraat 24",
"birth_date": "1988-03-22",
"profession": null,
"birth_place": "Mortsel"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurder(s) voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
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},
{
"kind": "correction",
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"subkind": "rectification",
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"evidence_quote": "*23479793*",
"decharge_status": null,
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"effective_date_qualifier": null
}
],
"notary": {
"name": "VERLINDEN Marc",
"firm_city": null,
"firm_name": null,
"office_city": "Westerlo-Tongerlo",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-28",
"filing_date": "2023-12-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-22",
"unanimous": null
}
],
"is_correction": true,
"subject_company": {
"kbo": "0700.850.833",
"name_full": "RAIL SUPPORT SERVICES",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Marc Verlinden",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
],
"corrected_publication_numac": null
}| Legal nameNL | RAIL SUPPORT SERVICES |