Skip to content

Rapidpark Construct

Active
Private limited companyfounded 2020active for 5 yearsSteenweg Deinze 35, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0759.897.208

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00428557.

Annual accounts 2025 filed on 24-08-2026 at the NBB all 5 filings

Turnover
≈ €1.5m
Estimated: probably between €1.2m and €2.5m
Total assets
€1.6m▲ 4.0%
2024 · €1.5m
Net result
€10,952▼ 11.8%
2024 · €12,411
Working capital
€1.4m▲ 20.3%
2024 · €1.1m
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is 30% lower than in 2024 and the lowest since 2021. It is the third fall in a row.

Operating result€0.01m 2025 Net result€0.01m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€0.1m-€0.2m▲ 73.0%€0.08m▼ 60.4%€0.02m▼ 72.7%€0.01m▼ 29.6%
Net result€0.001mwithin the sector's middle half-€0.1mwithin the sector's middle half▲ 138×€0.04mwithin the sector's middle half▼ 63.6%€0.01mwithin the sector's middle half▼ 67.5%€0.01mwithin the sector's middle half▼ 11.8%
Equity€0.2mwithin the sector's middle half-€0.3mwithin the sector's middle half▲ 52.3%€0.3mwithin the sector's middle half▲ 12.5%€0.4mwithin the sector's middle half▲ 3.6%€0.4mwithin the sector's middle half▲ 3.1%
Total assets€0.9mwithin the sector's middle half-€4.5mwithin the sector's middle half▲ 395%€3.3mwithin the sector's middle half▼ 25.9%€1.5mwithin the sector's middle half▼ 54.9%€1.6mwithin the sector's middle half▲ 4.0%
Debt€0.7m-€4.2m▲ 492%€2.8m▼ 32.2%€1.0m▼ 64.9%€0.2m▼ 80.6%
Working capital€0.2mwithin the sector's middle half-€4.1mabove the sector's middle half▲ 20×€3.0mabove the sector's middle half▼ 26.4%€1.1mabove the sector's middle half▼ 62.2%€1.4mabove the sector's middle half▲ 20.3%
Solvency22.1%within the sector's middle half-6.8%below the sector's middle half▼ 15.3pp10.3%within the sector's middle half▲ 3.5pp23.7%within the sector's middle half▲ 13.4pp23.5%within the sector's middle half▼ 0.2pp
Current ratio1.28within the sector's middle half-11.11above the sector's middle half▲ 9.8310.31above the sector's middle half▼ 0.804.11above the sector's middle half▼ 6.208.08above the sector's middle half▲ 3.97
Return on assets (ROA)0.1%within the sector's middle half-2.3%within the sector's middle half▲ 2.3pp1.1%within the sector's middle half▼ 1.2pp0.8%within the sector's middle half▼ 0.3pp0.7%within the sector's middle half▼ 0.1pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.6m
Equity €367,334 ▲ 3.1%
Provisions €1.0m ▲ 567%
Debt €193,110 ▼ 80.6%
Debt's share of the balance-sheet total falls from 66.3% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
3.81▲
2024 · 3.15
Debt to equity
0.53▼
2024 · 2.79
ROE
3.0%▼
2024 · 3.5%
Debt ≤ 1 year
€193,110▼
2024 · €364,887
Income taxes
€4,113▼
2024 · €4,649
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Rapidpark Construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.3m and €1.6m, founded between 2019 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Rapidpark Construct Nazareth-De Pinte2020€1.6m€0.4m€0.9m€0.01m-2025
BLANSAER INSTALLATIETECHNIEK Deinze2019€1.6m€0.3m€0.7m€0.2m-2025
BENOGROUP Mechelen2021€1.4m€0.2m€0.8m€0.09m8.42025
GBK Bouw Pelt2021€1.4m€0.2m€0.8m€0.07m-2025
TCP Invest Meise2021€1.5m€1.1m€0.8m€0.6m-2025
RENOSAURUS Ninove2020€1.3m€1.2m€0.6m€0.4m-2025
NB Invest Zele2021€1.3m€0.8m€0.5m€0.3m-2025

They were chosen from the 7,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,372 companies had the same profile as Rapidpark Construct has now. Two years later, 1.8% had gone bankrupt and 96.6% were still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.4% stopped otherwise
96.6% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Rapidpark Construct itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,372 companies, not a prediction for Rapidpark Construct. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.6m▲
Current assets29/58€1.5m€1.6m▲
Stocks and contracts in progress3€0.4m€0.8m▲
Stocks30/36€0.4m€0.8m▲
Amounts receivable within one year40/41€1.1m€0.7m▼
Trade receivables40€0.03m€0.04m▲
Other amounts receivable41€1.1m€0.7m▼
Cash at bank and in hand54/58€0.05m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.6m▲
Equity10/15€0.4m€0.4m▲
Contributions10/11€0.2m€0.2m=
Profit (loss) carried forward14€0.2m€0.2m▲
Provisions and deferred taxes16€0.2m€1.0m▲
Provisions for liabilities and charges160/5€0.2m€1.0m▲
Environmental obligations163€0.2m€0▼
Other liabilities and charges164/5-€1.0m
Amounts payable17/49€1.0m€0.2m▼
Amounts payable within one year42/48€0.4m€0.2m▼
Trade debts44€0.3m€0.2m▼
Suppliers440/4€0.3m€0.2m▼
Taxes, remuneration and social security45€0.02m€0.009m▼
Taxes450/3€0.02m€0.009m▼
Other amounts payable47/48-€0.02m
Accrued charges and deferred income492/3€0.6m€0▼
Income statement Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€0.9m▲
Other operating charges640/8€0.03m€0.002m▼
Gross operating margin9900€0.06m€0.9m▲
Operating profit (loss)9901€0.02m€0.01m▼
Financial income75/76B€0.01m€466▼
Recurring financial income75€0.01m€466▼
Financial charges65/66B€0.02m€339▼
Recurring financial charges65€0.02m€339▼
Profit (loss) for the period before taxes9903€0.02m€0.02m▼
Income taxes67/77€0.005m€0.004m▼
Profit (loss) for the period9904€0.01m€0.01m▼
Profit (loss) for the period to be appropriated9905€0.01m€0.01m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.2m▲

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line20212022202320242025Change
Provisions for liabilities and charges: additions (uses and reversals)635/8--€150,000€0€850,000-
Other operating charges640/8€701€689€1,070€34,410€1,598▼ 95.4%
Gross operating margin9900€114,426€197,479€228,905€55,640€866,535▲ 16×
Operating profit (loss)9901€113,725€196,789€77,835€21,230€14,937▼ 29.6%
Financial income75/76B€35,650€47,311€30,695€13,842€466▼ 96.6%
Recurring financial income75€35,650€47,311€30,695€13,842€466▼ 96.6%
Financial charges65/66B€148,361€104,092€57,569€18,012€339▼ 98.1%
Recurring financial charges65€148,361€104,092€57,569€18,012€339▼ 98.1%
Profit (loss) for the period before taxes9903€1,014€140,009€50,961€17,060€15,064▼ 11.7%
Income taxes67/77€254€35,002€12,757€4,649€4,113▼ 11.5%
Profit (loss) for the period9904€761€105,006€38,204€12,411€10,952▼ 11.8%
Profit (loss) for the period to be appropriated9905€761€105,006€38,204€12,411€10,952▼ 11.8%
Line20212022202320242025Change
Assets
Total assets20/58€0.9m€4.5m€3.3m€1.5m€1.6m▲ 4.0%
Current assets29/58€0.9m€4.5m€3.3m€1.5m€1.6m▲ 4.0%
Stocks and contracts in progress3€0.6m€0.8m€0.7m€0.4m€0.8m▲ 135%
Stocks30/36-€0.8m€0.7m€0.4m€0.8m▲ 135%
Contracts in progress37€0.6m€0----
Amounts receivable within one year40/41€0.1m€1.9m€2.5m€1.1m€0.7m▼ 35.2%
Trade receivables40€0.1m€0€0.02m€0.03m€0.04m▲ 16.6%
Other amounts receivable41-€1.9m€2.5m€1.1m€0.7m▼ 36.8%
Cash at bank and in hand54/58€0.2m€1.8m€0.07m€0.05m€0.02m▼ 53.2%
Equity and liabilities
Total equity and liabilities10/49€0.9m€4.5m€3.3m€1.5m€1.6m▲ 4.0%
Equity10/15€0.2m€0.3m€0.3m€0.4m€0.4m▲ 3.1%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m=
Profit (loss) carried forward14€0.001m€0.1m€0.1m€0.2m€0.2m▲ 7.0%
Provisions and deferred taxes16--€0.2m€0.2m€1.0m▲ 567%
Provisions for liabilities and charges160/5--€0.2m€0.2m€1.0m▲ 567%
Environmental obligations163--€0.2m€0.2m€0▼ 100%
Other liabilities and charges164/5----€1.0m-
Amounts payable17/49€0.7m€4.2m€2.8m€1.0m€0.2m▼ 80.6%
Amounts payable within one year42/48€0.7m€0.4m€0.3m€0.4m€0.2m▼ 47.1%
Trade debts44€0.2m€0.04m€0.3m€0.3m€0.2m▼ 52.2%
Suppliers440/4€0.2m€0.04m€0.3m€0.3m€0.2m▼ 52.2%
Taxes, remuneration and social security45€0.2m€0.4m€0.05m€0.02m€0.009m▼ 48.9%
Taxes450/3€0.2m€0.4m€0.05m€0.02m€0.009m▼ 48.9%
Other amounts payable47/48€0.3m€0--€0.02m-
Accrued charges and deferred income492/3-€3.8m€2.5m€0.6m€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€0.001m€0.1m€0.04m€0.01m€0.01m▼ 11.8%
Operating cash flow (approximation)€0.001m€0.1m€0.04m€0.01m€0.01m▼ 11.8%
Change in cash-€1.7m-€1.7m-€0.02m-€0.03m▼ 28.7%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 24-08-2026 2026-00428557 NBB
31-12-2024 abbreviated format 25-07-2025 2025-00342787 PDF
31-12-2023 abbreviated format 16-08-2024 2024-00350434 PDF
31-12-2022 abbreviated format 01-07-2023 2023-00215969 PDF
31-12-2021 abbreviated format 24-06-2022 2022-20125410 PDF

Next steps