Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €723 falls due within a year.
Short-term debts fell from €66,804 to €723.
Six of the last ten came late. The 2020 accounts came latest: 365 days after the end of the period.
New director. Latest change 16-09-2026 · 1 in office.
Lower solvency than 95% of companies in specialised construction. Sector median 43.1% · 9,273 companies.
In July 2024, 6,618 companies had the same profile as RB CONSTRUCT has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,618 companies, not a prediction for RB 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.
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.
| Company | ||||
|---|---|---|---|---|
| RB CONSTRUCT Willebroek | €12,145 | -€13,410 | -586.5% | - |
| MAGRIET IVAN ELECTRICITEITSWERKEN Wommelgem | €11,349 | -€3,626 | 91.5% | - |
| Energius Zoersel | €10,961 | -€5,600 | -7009.4% | - |
| CDTEC Visé | €11,995 | -€1,925 | 97.4% | - |
| PROPOL Etterbeek | €10,764 | -€16,217 | -557.4% | - |
| LEFEVRE Oudenaarde | €10,600 | -€5,548 | 64.2% | - |
| PEDROSA SRL Ellezelles | €14,186 | -€15,042 | 4.9% | - |
These companies have the same main activity as RB CONSTRUCT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €10,600 and €14,200, founded between 2002 and 2008.
RB CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €9,673 in 2007 to -€13,410 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Lower than 95% of 9,273 companies in 2025.
Higher than 95% of 9,196 companies in 2025.
Lower than 95% of 9,241 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
12,145 | 93,772 | 100,238 | 103,121 | 95,214 | 80,897 | 78,136 | 80,733 | 68,051 | 62,820 | 85,597 | 203,982 | 150,296 | 129,259 | 161,174 | 159,608 | 51,721 | 23,286 | 67,523 | |
21/28 |
175 | 1,263 | 2,771 | 3,712 | 7,139 | 6,814 | 8,452 | 15,993 | 8,533 | 13,112 | 20,582 | 19,321 | 39,700 | 56,203 | 85,494 | 104,234 | 5,902 | 7,368 | 6,855 | |
21 |
- | - | - | - | 400 | 800 | 1,200 | 1,600 | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
- | 1,088 | 2,596 | 3,537 | 6,564 | 5,839 | 7,077 | 14,218 | 8,358 | 12,937 | 18,007 | 16,746 | 37,125 | 56,028 | 85,319 | 104,059 | 5,727 | 7,193 | 6,680 | |
23 |
- | - | 350 | 776 | 3,290 | 5,759 | 6,920 | 11,469 | 7,867 | 12,746 | 17,624 | 16,086 | 20,523 | 23,184 | 27,812 | 22,186 | 3,130 | 4,045 | 2,165 | |
24 |
- | 1,088 | 2,246 | 2,761 | 3,274 | 80 | 157 | 2,749 | 491 | - | - | - | 263 | 827 | 9,811 | 18,498 | 465 | 722 | 3,708 | |
26 |
- | - | - | - | - | - | - | - | - | 191 | 383 | 660 | 954 | 1,248 | 1,543 | 1,837 | 2,132 | 2,426 | 807 | |
28 |
175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 2,575 | 2,575 | 2,575 | 175 | 175 | 175 | 175 | 175 | 175 | |
29/58 |
11,970 | 92,509 | 97,467 | 99,409 | 88,075 | 74,083 | 69,684 | 64,740 | 59,518 | 49,708 | 65,015 | 184,661 | 110,596 | 73,056 | 75,680 | 55,374 | 45,819 | 15,918 | 60,668 | |
3 |
- | 60,000 | 64,100 | 69,100 | 75,200 | 61,989 | 61,989 | 55,964 | 47,047 | 43,030 | 46,585 | 138,963 | 102,158 | 55,288 | 31,288 | - | - | - | - | |
30/36 |
- | 60,000 | 64,100 | 69,100 | 75,200 | 61,989 | 61,989 | 55,964 | 47,047 | 43,030 | 46,585 | 138,963 | 102,158 | 55,288 | 31,288 | - | - | - | - | |
40/41 |
11,365 | 32,509 | 33,367 | 29,960 | 12,875 | 12,094 | 7,695 | 6,316 | 12,405 | 6,207 | 16,656 | 20,079 | 7,155 | 17,277 | 41,570 | 48,798 | 43,414 | 11,608 | 50,187 | |
40 |
2,684 | 30,248 | 33,367 | 29,819 | 11,849 | 7,277 | 7,671 | 6,215 | 12,405 | 6,123 | 16,656 | 20,079 | 7,155 | 17,277 | 40,400 | 48,664 | 43,280 | 10,930 | 33,803 | |
41 |
8,681 | 2,261 | - | 141 | 1,026 | 4,817 | 24 | 101 | - | 84 | - | - | - | - | 1,170 | 134 | 134 | 678 | 16,384 | |
54/58 |
605 | - | - | - | - | - | - | 1,233 | - | - | - | 23,792 | - | - | 1,524 | 2,670 | - | 2,307 | 3,544 | |
490/1 |
- | - | - | 349 | - | - | - | 1,227 | 66 | 471 | 1,774 | 1,827 | 1,283 | 491 | 1,298 | 3,906 | 2,405 | 2,003 | 6,937 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
12,145 | 93,772 | 100,238 | 103,121 | 95,214 | 80,897 | 78,136 | 80,733 | 68,051 | 62,820 | 85,597 | 203,982 | 150,296 | 129,259 | 161,174 | 159,608 | 51,721 | 23,286 | 67,523 | |
10/15 |
-71,236 | -54,565 | -82,491 | -90,850 | -92,317 | -99,749 | -92,867 | -83,600 | -92,115 | -73,208 | -34,387 | -45,937 | -49,014 | -54,131 | -25,452 | 7,174 | 18,543 | 9,978 | 12,106 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 15,300 | 15,300 | 15,300 | 15,300 | 6,300 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,300 | 3,300 | 3,300 | 3,300 | 12,300 | |
13 |
4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | 4,240 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | 2,380 | |
14 |
-94,076 | -77,405 | -105,331 | -113,690 | -115,157 | -122,589 | -115,707 | -106,440 | -114,955 | -96,048 | -57,227 | -68,777 | -71,854 | -76,971 | -44,992 | -12,366 | -997 | -9,562 | 1,566 | |
17/49 |
83,381 | 148,337 | 182,729 | 193,971 | 187,531 | 180,646 | 171,003 | 164,333 | 160,166 | 136,028 | 119,984 | 249,919 | 199,310 | 183,390 | 186,626 | 152,434 | 33,178 | 13,308 | 55,417 | |
17 |
80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 88,218 | 96,587 | 80,000 | 80,000 | 80,000 | 80,000 | 86,709 | 100,683 | 117,427 | 82,863 | - | - | - | |
170/4 |
- | - | - | - | - | - | 8,218 | 16,587 | - | - | - | - | 6,709 | 20,683 | 37,427 | 52,863 | - | - | - | |
178/9 |
80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 30,000 | - | - | - | |
42/48 |
723 | 66,804 | 101,229 | 112,496 | 105,823 | 99,331 | 80,620 | 67,281 | 73,870 | 54,004 | 37,237 | 169,472 | 110,778 | 78,025 | 64,267 | 69,152 | 32,759 | 12,427 | 53,000 | |
42 |
- | - | - | - | 1,535 | 12,478 | 8,415 | 7,789 | - | - | - | 6,709 | 15,733 | 16,744 | 15,436 | 14,541 | - | - | - | |
43 |
- | 7,272 | 992 | 6,266 | 9,088 | 1,242 | 9,141 | - | 2,459 | 2,254 | 2,459 | - | 1,018 | 2,192 | - | - | 1,800 | - | - | |
430/8 |
- | 7,272 | 992 | 6,266 | 9,088 | 1,242 | 9,141 | - | 2,459 | 2,254 | 2,459 | - | 1,018 | 2,192 | - | - | 1,800 | - | - | |
44 |
713 | 1,218 | 1,968 | 529 | 674 | 7,508 | 3,378 | 593 | 7,851 | 2,795 | 1,466 | 61,072 | 669 | 5,869 | 36,508 | 42,221 | 14,438 | 986 | 44,867 | |
440/4 |
713 | 1,218 | 1,968 | 529 | 674 | 7,508 | 3,378 | 593 | 7,851 | 2,795 | 1,466 | 61,072 | 669 | 5,869 | 36,508 | 42,221 | 14,438 | 986 | 44,867 | |
45 |
10 | 464 | 479 | 472 | - | - | 205 | 4,072 | 4,882 | 127 | 9,647 | 9,741 | 1,648 | 1,003 | 516 | 5,080 | 5,626 | 6,401 | 8,004 | |
450/3 |
10 | 464 | 479 | 472 | - | - | 205 | 3,072 | 4,382 | 127 | 4,147 | 9,741 | 1,648 | 1,003 | 516 | 280 | 1,026 | - | 680 | |
454/9 |
- | - | - | - | - | - | - | 1,000 | 500 | - | 5,500 | - | - | - | - | 4,800 | 4,600 | 6,401 | 7,324 | |
47/48 |
- | 57,850 | 97,790 | 105,229 | 94,526 | 78,103 | 59,481 | 54,827 | 58,678 | 48,828 | 23,665 | 91,950 | 91,710 | 52,217 | 11,807 | 7,310 | 10,895 | 5,040 | 129 | |
492/3 |
2,658 | 1,533 | 1,500 | 1,475 | 1,708 | 1,315 | 2,165 | 465 | 6,296 | 2,024 | 2,747 | 447 | 1,823 | 4,682 | 4,932 | 419 | 419 | 881 | 2,417 | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 209 | - | - | |
9900 |
-13,410 | 30,499 | 11,330 | 6,522 | 12,934 | -1,897 | 1,787 | 10,249 | -12,223 | -21,691 | 19,657 | 26,029 | 29,745 | -2,900 | 2,862 | 21,563 | 25,838 | -4,314 | 9,673 | |
630 |
1,088 | 1,508 | 941 | 3,427 | 3,464 | 3,178 | 8,158 | 9,540 | 5,312 | 5,070 | 6,972 | 20,865 | 21,306 | 21,258 | 30,542 | 28,775 | 2,734 | 5,833 | 6,234 | |
631/4 |
- | - | - | - | - | - | - | -9,952 | - | 9,952 | - | - | - | - | - | - | - | - | - | |
640/8 |
755 | 485 | 639 | 570 | 828 | 283 | 1,905 | 1,493 | 648 | 1,453 | 576 | 929 | 1,021 | 4,797 | 944 | 1,400 | 955 | 638 | 625 | |
9901 |
-15,253 | 28,506 | 9,750 | 2,525 | 8,642 | -5,358 | -8,276 | 9,168 | -18,183 | -38,166 | 12,109 | 4,235 | 7,418 | -28,955 | -28,624 | -8,612 | 22,149 | -10,785 | 2,814 | |
75/76B |
- | - | - | - | 7 | - | - | - | - | 33 | - | - | 73 | - | - | 21 | - | - | 7 | |
75 |
- | - | - | - | 7 | - | - | - | - | 33 | - | - | 73 | - | - | 21 | - | - | 7 | |
65/66B |
1,254 | 580 | 1,391 | 1,058 | 1,217 | 1,524 | 991 | 603 | 625 | 547 | 468 | 1,415 | 2,066 | 3,024 | 4,002 | 2,778 | 1,009 | 344 | 1,094 | |
65 |
1,254 | 580 | 1,391 | 1,058 | 1,217 | 1,524 | 991 | 603 | 625 | 547 | 468 | 1,415 | 2,066 | 3,024 | 4,002 | 2,778 | 1,009 | 344 | 1,094 | |
9903 |
-16,507 | 27,926 | 8,359 | 1,467 | 7,432 | -6,882 | -9,267 | 8,565 | -18,808 | -38,680 | 11,641 | 2,820 | 5,425 | -31,979 | -32,626 | -11,369 | 21,349 | -11,129 | 1,727 | |
67/77 |
164 | - | - | - | - | - | - | 50 | 99 | 141 | 91 | -257 | 308 | - | - | - | 12,784 | -1 | 680 | |
9904 |
-16,671 | 27,926 | 8,359 | 1,467 | 7,432 | -6,882 | -9,267 | 8,515 | -18,907 | -38,821 | 11,550 | 3,077 | 5,117 | -31,979 | -32,626 | -11,369 | 8,565 | -11,128 | 1,047 | |
9905 |
-16,671 | 27,926 | 8,359 | 1,467 | 7,432 | -6,882 | -9,267 | 8,515 | -18,907 | -38,821 | 11,550 | 3,077 | 5,117 | -31,979 | -32,626 | -11,369 | 8,565 | -11,128 | 1,047 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-94,076 | -77,405 | -105,331 | -113,690 | -115,157 | -122,589 | -115,707 | -106,440 | -114,955 | -96,048 | -57,227 | -68,777 | -71,854 | -76,971 | -44,992 | -12,366 | -997 | -9,562 | 1,566 | |
14P |
-77,405 | -105,331 | -113,690 | -115,157 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-02-2026.
2025 annual accounts filed 11 days after the deadline. Filed on 11 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038516.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 11-02-2026 | 2026-00038516 | |
| 30-06-2024 | abbreviated format | 25-02-2025 | 2025-00038886 | |
| 30-06-2023 | abbreviated format | 26-02-2024 | 2024-00034284 | |
| 30-06-2022 | abbreviated format | 16-02-2023 | 2023-00027921 | |
| 30-06-2021 | full format | 31-01-2022 | 2022-03000173 | |
| 30-06-2020 | abbreviated format | 31-01-2022 | 2022-03000172 | |
| 30-06-2019 | abbreviated format | 04-02-2020 | 2020-04100238 | |
| 30-06-2018 | abbreviated format | 24-01-2019 | 2019-01900485 | |
| 30-06-2017 | abbreviated format | 10-01-2018 | 2018-00700305 | |
| 30-06-2016 | abbreviated format | 18-01-2017 | 2017-01500156 | |
| 30-06-2015 | full format | 14-01-2016 | 2016-02200531 | |
| 30-06-2014 | full format | 19-12-2014 | 2014-69500584 | |
| 30-06-2013 | full format | 28-01-2014 | 2014-02000158 | |
| 30-06-2012 | full format | 11-02-2013 | 2013-03300266 | |
| 30-06-2011 | full format | 31-01-2012 | 2012-02300368 | |
| 30-06-2010 | full format | 31-01-2011 | 2011-01800449 | |
| 30-06-2009 | full format | 29-01-2010 | 2010-03300212 | |
| 30-06-2008 | full format | 13-02-2009 | 2009-04200363 | |
| 30-06-2007 | full format | 08-02-2008 | 2008-03900103 | |
| 30-06-2006 | full format | 31-01-2007 | 2007-03204768 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14,165 | 30,014 | 10,691 | 5,952 | 12,106 | -2,180 | -118 | 18,708 | -12,871 | -33,096 | 19,081 | 25,100 | 28,724 | -7,697 | 1,918 | 20,163 | 24,883 | -4,952 | 9,048 | ||
| -15,583 | 29,434 | 9,300 | 4,894 | 10,896 | -3,704 | -1,109 | 18,055 | -13,595 | -33,751 | 18,522 | 23,942 | 26,423 | -10,721 | -2,084 | 17,406 | 11,299 | -5,295 | 7,281 | ||
| 0 | 0 | 0 | 0 | 3,789 | 1,540 | 617 | 17,000 | 733 | -2,400 | 8,233 | 435 | 4,803 | 1,177 | 11,802 | 127,107 | 3,144 | 6,346 | 7,540 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,146 | - | - | -1,237 | - | ||
| 11,247 | 25,705 | -3,762 | -13,087 | -17,748 | -25,248 | -10,936 | -2,541 | -14,352 | -4,296 | 27,778 | 15,189 | -182 | -4,969 | 11,413 | -13,778 | 13,060 | 3,491 | 7,668 | ||
| -586.5% | -58.2% | -82.3% | -88.1% | -97.0% | -123.3% | -118.9% | -103.6% | -135.4% | -116.5% | -40.2% | -22.5% | -32.6% | -41.9% | -15.8% | 4.5% | 35.9% | 42.8% | 17.9% | ||
| 16.56 | 1.38 | 0.96 | 0.88 | 0.83 | 0.75 | 0.86 | 0.96 | 0.81 | 0.92 | 1.75 | 1.09 | 1.00 | 0.94 | 1.18 | 0.80 | 1.40 | 1.28 | 1.14 | ||
| 16.56 | 0.49 | 0.33 | 0.27 | 0.12 | 0.12 | 0.10 | 0.13 | 0.17 | 0.12 | 0.49 | 0.27 | 0.08 | 0.23 | 0.69 | 0.80 | 1.40 | 1.28 | 1.14 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21.25 | 1.79 | 1.33 | 4.58 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -158.5% | 46.2% | -111.5% | 8.6% | ||
| -137.3% | 29.8% | 8.3% | 1.4% | 7.8% | -8.5% | -11.9% | 10.5% | -27.8% | -61.8% | 13.5% | 1.5% | 3.4% | -24.7% | -20.2% | -7.1% | 16.6% | -47.8% | 1.6% | ||
| -11.30 | 51.75 | 7.69 | 5.63 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €15,253, after a profit of €28,506 in 2024. It is the lowest result since 2017.
Equity is negative. Debt (€83,381) exceeds the balance-sheet total (€12,145).
2 other companies of this director went bankrupt (2020, 2024).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
RB CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
via , no longer at · Dagelijkse technische leiding in de uitvoering van de gereglementeerde beroepen in de bouwsector Open bankruptcy · founded in 1999 |
turnover €329,469 (2021) |
via , no longer at · deed of 28-10-2016 Open bankruptcy · founded in 2002 |
turnover €224,668 (2019) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Guido Gezellestraat 53 registered office 2830 Willebroek 4321101 General electrical installation work | 20-09-2010 | 2.218.259.346 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0873.464.808
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