RBB Belgium
ActiveRBB Belgium has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.57M and a net result of €1.24M. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-5
Solvency32▼-14
Growth81▲+12
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 4.07 in 2024; short-term debt: 70% and cash: 2.7% of total assets), and 92.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.2%
Return on assets
2.5%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1004 sector peers (2025).
NBB · sector comparisonPosition among 1004 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
98 d early
2023
on the day
2022
on the day
2021
3 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€45.40M▲ 91.2%
2024 · €23.75M
2019: €18.01M
2020: €27.11M
2021: €17.61M
2022: €16.89M
2023: €28.30M
2024: €23.75M
2019 → 2025
EBIT margin
2.2%▼ 2.1pp
2024 · 4.3%
2019: 1.5%
2020: 0.9%
2021: 2.9%
2022: 3.6%
2023: 3.2%
2024: 4.3%
2019 → 2025
Net result
€1.24M▲ 5.1%
2024 · €1.18M
2019: €255k
2020: €255k
2021: €514k
2022: €597k
2023: €804k
2024: €1.18M
2019 → 2025
Working capital
€13.54M▼ 22.4%
2024 · €17.44M
2019: €10.52M
2020: €13.56M
2021: €12.75M
2022: €15.05M
2023: €17.87M
2024: €17.44M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€17.61M-€16.89M▼ 4.1%€28.30M▲ 67.5%€23.75M▼ 16.1%€45.40M▲ 91.2%
Equity€3.38M-€3.75M▲ 10.8%€4.24M▲ 13.1%€5.01M▲ 18.1%€3.57M▼ 28.7%
Operating result€502k-€608k▲ 21.1%€918k▲ 50.9%€1.03M▲ 11.9%€1.01M▼ 1.6%
Net result€514k-€597k▲ 16.2%€804k▲ 34.5%€1.18M▲ 46.9%€1.24M▲ 5.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49.33M
Fixed assets
€1.27M▲ 666%
Current assets
€48.07M▲ 108%
Equity and liabilities €49.33M
Equity
€3.57M▼ 28.7%
Debt
€45.76M▲ 150%
The debt ratio rises from 78.5% to 92.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.09M▲
2024 · €1.08M
Cash flow
€1.32M▲
2024 · €1.23M
Solvency
7.2%▼
2024 · 21.5%
Current ratio
1.39▼
2024 · 4.07
Quick ratio
1.33▼
2024 · 3.62
Debt / equity
12.82▲
2024 · 3.65
ROE
34.7%▲
2024 · 23.6%
ROA
2.5%▼
2024 · 5.1%
Interest coverage
22.31▼
2024 · 31.27
Debt
€45.76M▲
2024 · €18.29M
Debt ≤ 1 year
€34.53M▲
2024 · €5.69M
Income taxes
€459k▲
2024 · €449k
Staff costs
€2.78M▼
2024 · €3.16M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€23.29M€49.33M▲
Fixed assets21/28€165k€1.27M▲
Tangible fixed assets22/27€161k€1.04M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€56k€360k▲
Other tangible fixed assets26€104k€684k▲
Financial fixed assets28€5k€222k▲
Other financial fixed assets284/8€5k€222k▲
Amounts receivable and cash guarantees285/8€5k€222k▲
Current assets29/58€23.13M€48.07M▲
Stocks and contracts in progress3€2.56M€2.24M▼
Contracts in progress37€2.56M€2.24M▼
Amounts receivable within one year40/41€19.60M€44.35M▲
Trade receivables40€3.22M€24.47M▲
Other amounts receivable41€16.39M€19.88M▲
Cash at bank and in hand54/58€866k€1.34M▲
Deferred charges and accrued income490/1€103k€139k▲
Equity and liabilities
Total equity and liabilities10/49€23.29M€49.33M▲
Equity10/15€5.01M€3.57M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€181k€181k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€174k€174k=
Profit (loss) carried forward14€4.77M€3.33M▼
Amounts payable17/49€18.29M€45.76M▲
Amounts payable within one year42/48€5.69M€34.53M▲
Trade debts44€3.18M€29.40M▲
Suppliers440/4€3.18M€29.40M▲
Taxes, remuneration and social security45€1.56M€1.17M▼
Taxes450/3€362k€151k▼
Remuneration and social security454/9€1.20M€1.02M▼
Other amounts payable47/48€951k€3.96M▲
Accrued charges and deferred income492/3€12.60M€11.23M▼
Income statement
Code20242025
Operating income70/76A€24.25M€45.08M▲
Turnover70€23.75M€45.40M▲
Change in stocks of work in progress, finished goods and contracts in progress71€490k€-319k▼
Other operating income74€12k€2k▼
Operating charges60/66A€23.22M€44.07M▲
Goods for resale, raw materials and consumables60€6.70M€28.63M▲
Purchases600/8€6.70M€28.63M▲
Services and other goods61€13.21M€12.38M▼
Remuneration, social security and pensions62€3.16M€2.78M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€81k▲
Other operating charges640/8€99k€202k▲
Operating profit (loss)9901€1.03M€1.01M▼
Financial income75/76B€672k€836k▲
Recurring financial income75€672k€836k▲
Income from current assets751€671k€836k▲
Other financial income752/9€96€212▲
Financial charges65/66B€69k€147k▲
Recurring financial charges65€69k€147k▲
Debt charges650€34k€49k▲
Other financial charges652/9€35k€98k▲
Profit (loss) for the period before taxes9903€1.63M€1.70M▲
Income taxes67/77€449k€459k▲
Taxes670/3€449k€462k▲
Tax adjustments and reversals of tax provisions77€663€3k▲
Profit (loss) for the period9904€1.18M€1.24M▲
Profit (loss) for the period to be appropriated9905€1.18M€1.24M▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.18M€6.01M▲
Profit (loss) brought forward from the previous period14P€4.00M€4.77M▲
Profit to be distributed694/7€414k€2.68M▲
Return on contributions (dividend)694-€2.17M
Employees696€414k€509k▲
Social balance
Average headcount (FTE)908724.721.8▼
The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2019net €1.24M ▲5.1%
Net result €1.24M, the highest in the series.
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Equity above €5MEq €5.01M ▲18.1%
6 profitable years in a row build equity to €5.01M.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Brussel · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Regentlaan 351000 BrusselGround area
1,596 m²
Building footprint
970 m²
Volume, LiDAR
25,063 m³
Parcel 21804D0147/00T000, Brussels · tallest building 29.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
RBB Economics
since 20032.134.668.706
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0147/00T000 | Brussels | 1,595 m² | 1 · 970 m² | 29.7 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
European Union, budget
2022 · 1 entry · 572,575 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 572,575 EUR |
Projects
COMMISSION ASSESSMENT OF FUTURE MARKET ENTRY, EXPANSION AND IMPORTS IN EU MERGER DECISIONS
Recognitions · licences · registrations
Legal Entity Identifier
54930000L96JIQSS8L72
Similar companies · same sector, comparable size
MONEYOAK
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DE CLERCQ & PARTNERS
BE 0472.015.856
Sint-Martens-Latem · Eq €3.84M
HUYGEN & Co
BE 0451.546.777
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WORLD FOOTBALL ASSOCIATION
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Of 2,761 companies in sector 69109 we hold annual accounts for 1,209. 250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-11-2003
Fiscal year end31-03
Activities, NACEBEL
69109Other legal services
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.