Equity
RBTECH has made a profit in every financial year since 2012.
RBTECH has made a profit in every financial year since 2012.
Seven of the last ten came late. The 2019 accounts came latest: 56 days after the end of the period.
More equity than 95% of companies in wholesale trade. Sector median €56,491 · 13,830 companies.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 66% on liquidity, 68% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
Liquidity is ample, with a current ratio of 1.58 (0.95 in 2024), above the usual 1.5. Short-term debt is 11.9% and cash 8.7% of total assets. 11.9% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| RBTECH Wuustwezel | €1.5m | €33,214 | 88.1% | - |
| BEGUCO Wuustwezel | €1.9m | €38,780 | 74.1% | - |
| R & D Food Revolution- Lille | €1.5m | €37,759 | 46.9% | - |
| YOUR ADVANTAGE Brasschaat | €1.3m | €67,832 | 18.7% | - |
| IKATUBO Tervuren | €1.2m | €40,322 | 94.2% | - |
| DIMEX GROUP Izegem | €1.7m | €25,228 | 71.4% | - |
| IMFAS Tongeren-Borgloon | €1.2m | €39,648 | 98.8% | - |
These companies have the same main activity as RBTECH: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €1.2m and €1.9m, founded between 2011 and 2014.
RBTECH files the micro format. That format states no turnover. The gross margin rose from €15,954 in 2012 to €33,214 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €91,000 and €370,000.
Higher than 89% of 13,800 companies in 2025.
Higher than 49% of 13,181 companies in 2025.
Higher than 62% of 13,360 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.4m | 1.5m | 1.5m | 1.4m | 1.3m | 1.2m | 1.2m | |
20 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
21/28 |
1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
21 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
22/27 |
21,386 | 33,253 | 23,550 | 40,785 | 40,880 | 53,342 | 34,815 | 20,734 | 12,098 | 16,762 | 2,998 | 4,102 | - | - | |
22 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | 0 | 947 | 1,894 | 2,998 | 4,102 | - | - | |
24 |
21,386 | 33,253 | 23,550 | 40,785 | 40,880 | 53,342 | 34,815 | 20,734 | 11,151 | 14,868 | - | - | - | - | |
26 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
28 |
1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
29/58 |
280,435 | 263,537 | 275,734 | 259,196 | 250,784 | 251,600 | 239,525 | 245,732 | 295,644 | 322,161 | 213,482 | 107,125 | 47,692 | 35,970 | |
29 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
37 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
40/41 |
21,682 | 18,638 | 15,320 | 8,951 | 2,946 | 1,035 | 241 | 0 | - | - | 4,895 | 50,998 | 6,050 | - | |
40 |
- | - | - | - | - | - | - | 0 | - | - | - | 50,998 | 6,050 | - | |
41 |
21,682 | 18,638 | 15,320 | 8,951 | 2,946 | 1,035 | 241 | 0 | - | - | 4,895 | - | - | - | |
50/53 |
130,000 | 130,000 | 130,000 | - | - | - | - | 0 | - | - | - | - | - | - | |
54/58 |
128,477 | 114,748 | 130,121 | 249,926 | 247,528 | 250,320 | 237,659 | 245,439 | 295,473 | 322,161 | 208,587 | 56,127 | 41,642 | 35,970 | |
490/1 |
276 | 152 | 293 | 319 | 311 | 245 | 1,624 | 294 | 171 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.4m | 1.5m | 1.5m | 1.4m | 1.3m | 1.2m | 1.2m | |
10/15 |
1.3m | 1.2m | 1.1m | 988,810 | 879,294 | 795,187 | 671,973 | 540,713 | 473,682 | 349,430 | 230,349 | 60,756 | 44,067 | 34,223 | |
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 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
11 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
13 |
1.3m | 1.2m | 1.1m | 970,210 | 860,694 | 776,587 | 653,373 | 522,113 | 455,082 | 330,830 | 211,749 | 42,156 | 25,467 | 15,623 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | 0 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
133 |
1.3m | 1.2m | 1.1m | 968,350 | 858,834 | 774,727 | 651,513 | 520,253 | 453,222 | 328,970 | 209,889 | 40,296 | 23,607 | 13,763 | |
14 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
15 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
19 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
160 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
17/49 |
177,054 | 277,377 | 382,713 | 493,443 | 594,643 | 692,028 | 784,639 | 908,025 | 1.0m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
17 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
175 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
42/48 |
177,054 | 277,377 | 382,713 | 493,443 | 594,643 | 692,028 | 784,639 | 908,025 | 1.0m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
42 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
44 |
516 | 1,946 | 2,532 | 3,315 | 2,628 | 7,558 | 1,442 | 1,551 | 699 | 686 | 438 | - | 529 | 1,169 | |
440/4 |
516 | 1,946 | 2,532 | 3,315 | 2,628 | 7,558 | 1,442 | 1,551 | 699 | 686 | 438 | - | 529 | 1,169 | |
441 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
46 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
45 |
1,107 | 0 | 4,751 | 14,698 | 15,784 | 8,239 | 6,966 | 30,243 | 33,936 | 1,921 | - | 13,542 | 3,096 | 578 | |
450/3 |
1,107 | 0 | 4,751 | 14,698 | 15,784 | 5,904 | 6,966 | 27,909 | 33,936 | 1,921 | - | 13,542 | 789 | 578 | |
454/9 |
- | - | - | - | 0 | 2,335 | 0 | 2,335 | - | - | - | - | 2,307 | - | |
47/48 |
175,431 | 275,431 | 375,431 | 475,431 | 576,231 | 676,231 | 776,231 | 876,231 | 976,201 | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
492/3 |
- | - | - | - | - | - | - | 0 | 5,496 | 1,417 | 225 | 1,461 | - | - | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | 110,000 | 60,000 | 60,000 | |
76A |
- | 0 | 5,922 | 5,577 | - | 0 | 26 | - | - | - | - | - | - | - | |
9900 |
33,214 | 30,902 | 38,473 | 40,212 | 32,379 | 55,120 | 66,617 | 58,686 | 62,110 | 73,358 | 76,119 | 65,967 | 14,170 | 15,954 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | 44,033 | 45,830 | 44,046 | |
62 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
630 |
11,867 | 13,277 | 8,694 | 11,938 | 8,242 | 7,036 | 2,800 | 5,364 | 4,664 | 4,821 | 1,104 | 1,104 | - | - | |
631/4 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
640/8 |
1,118 | 1,185 | 1,069 | 970 | 969 | 968 | 966 | 964 | 962 | 960 | 961 | 960 | 438 | 404 | |
649 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
66A |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9901 |
20,228 | 16,440 | 28,710 | 27,304 | 23,168 | 47,117 | 62,851 | 52,358 | 56,483 | 67,577 | 74,055 | 63,904 | 13,733 | 15,551 | |
75/76B |
100,955 | 101,026 | 100,000 | 100,128 | 101,444 | 100,051 | 100,000 | 100,000 | 102,369 | 100,005 | 100,083 | 102 | - | 91 | |
75 |
100,955 | 101,026 | 100,000 | 100,128 | 101,444 | 100,051 | 100,000 | 100,000 | 102,369 | 100,005 | 100,083 | 102 | - | 91 | |
76B |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
65/66B |
45 | 45 | 45 | 210 | 45 | 15 | 0 | 21 | 37 | 1 | 0 | 47,291 | - | 0 | |
65 |
45 | 45 | 45 | 210 | 45 | 15 | 0 | 21 | 37 | 1 | 0 | 47,291 | - | 0 | |
66B |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9903 |
121,138 | 117,422 | 128,665 | 127,221 | 124,567 | 147,153 | 162,851 | 152,337 | 158,815 | 167,581 | 174,137 | 16,714 | 13,733 | 15,641 | |
67/77 |
15,784 | 14,580 | 18,631 | 17,705 | 40,461 | 23,938 | 31,591 | 85,306 | 34,563 | 48,500 | 4,545 | 25 | 3,889 | 18 | |
9904 |
105,353 | 102,841 | 110,034 | 109,516 | 84,107 | 123,214 | 131,259 | 67,031 | 124,252 | 119,081 | 169,593 | 16,689 | 9,844 | 15,623 | |
789 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9905 |
105,353 | 102,841 | 110,034 | 109,516 | 84,107 | 123,214 | 131,259 | 67,031 | 124,252 | 119,081 | 169,593 | 16,689 | 9,844 | 15,623 | |
| Appropriation of the result | |||||||||||||||
9906 |
105,353 | 102,841 | 110,034 | 109,516 | 84,107 | 123,214 | 131,259 | 67,031 | 124,252 | 119,081 | 169,593 | 16,689 | 9,844 | 15,623 | |
791/2 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
691/2 |
105,353 | 102,841 | 110,034 | 109,516 | 84,107 | 123,214 | 131,259 | 67,031 | 124,252 | 119,081 | 169,593 | 16,689 | 9,844 | 15,623 | |
691 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | 1,860 | |
6921 |
105,353 | 102,841 | 110,034 | 109,516 | 84,107 | 123,214 | 131,259 | 67,031 | 124,252 | 119,081 | 169,593 | 16,689 | 9,844 | 13,763 | |
694/7 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
696 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444566.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00444566 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00331468 | |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00288636 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00295541 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20412584 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58800174 | |
| 31-12-2019 | micro format | 25-09-2020 | 2020-56800139 | |
| 31-12-2018 | abbreviated format | 26-08-2019 | 2019-50000108 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-53200133 | |
| 31-12-2016 | abbreviated format | 24-08-2017 | 2017-46400439 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-51800208 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-50600346 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-49900502 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-48900144 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32,095 | 29,718 | 37,404 | 39,242 | 31,410 | 54,152 | 65,651 | 57,722 | 61,148 | 72,398 | 75,158 | 65,007 | - | - | ||
| 117,220 | 116,118 | 118,728 | 121,454 | 92,349 | 130,250 | 134,059 | 72,395 | 128,916 | 123,902 | 170,696 | 17,792 | - | - | ||
| 0 | 22,980 | -8,541 | 22,355 | -4,220 | 25,563 | 24,315 | 14,000 | 0 | 18,585 | 0 | 5,205 | - | 1.2m | ||
| 13,729 | -15,373 | -119,804 | 2,398 | -2,793 | 12,661 | -7,780 | -50,035 | -26,688 | 113,575 | 152,460 | 14,485 | 5,672 | - | ||
| 103,380 | -13,840 | -106,979 | -234,248 | -343,859 | -440,427 | -545,115 | -662,293 | -715,191 | -848,186 | -954,696 | -1.1m | -1.1m | -1.1m | ||
| - | - | - | - | - | - | - | - | - | - | - | 58.1% | 22.9% | 25.9% | ||
| 88.1% | 81.2% | 74.2% | 66.7% | 59.7% | 53.5% | 46.1% | 37.3% | 31.8% | 23.0% | 16.5% | 4.7% | 3.6% | 2.8% | ||
| 1.58 | 0.95 | 0.72 | 0.53 | 0.42 | 0.36 | 0.31 | 0.27 | 0.29 | 0.28 | 0.18 | 0.09 | 0.04 | 0.03 | ||
| 0.14 | 0.23 | 0.35 | 0.50 | 0.68 | 0.87 | 1.17 | 1.68 | 2.15 | 3.35 | 5.07 | 20.29 | 26.91 | 34.60 | ||
| 8.1% | 8.6% | 10.0% | 11.1% | 9.6% | 15.5% | 19.5% | 12.4% | 26.2% | 34.1% | 73.6% | 27.5% | 22.3% | 45.7% | ||
| 7.1% | 7.0% | 7.4% | 7.4% | 5.7% | 8.3% | 9.0% | 4.6% | 8.3% | 7.8% | 12.1% | 1.3% | 0.8% | 1.3% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | 169 days | 37 days | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 4 days | 10 days |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €22,980 | - | €22,355 | - |
| Financial fixed assets | €0 | - | - | - | - |
| €11,867 | €13,277 | €8,694 | €11,938 | €8,242 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 23% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 18.8% to 11.9%. Equity is higher and debt is lower.
RBTECH has no parent and no holdings in its annual accounts. Beyers Raf is the only director. RBTECH shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
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 |
|---|---|---|
| Bareelstraat 16 registered office 2990 Wuustwezel 4619001 Agents in non-specialised wholesale trade | 19-07-2011 | 2.201.816.757 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11026E0760/00G000 | 1,446 m² | 1 · 193 m² | 11.6 m · 2 |
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