RCAL
ActiveSummary
The computed 12-month bankruptcy probability of RCAL is 1.7% (moderate). The 2024 annual accounts show equity of €101,677 and a net result of -€4,896. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 6719 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-24
Solvency84▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.39 against 4.06 in 2023; short-term debt: 36.6% and cash: 7.8% of total assets), and 41.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.9%
Return on assets
-2.8%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
41 d late
2022
64 d late
2021
24 d early
2020
16 d early
2019
48 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#6 company by equity in Beersel, Transport and storage sector#7 company by total assets in Beersel, Transport and storage sector#10 oldest company in Beersel, Transport and storage sector
Equity
€101,677▼ 4.6%
2023 · €106,572
Total assets
€172,688▲ 10.9%
2023 · €155,695
Net result
-€4,896
2023 · €1,206
Working capital
€88,160▼ 10.1%
2023 · €98,012
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€50,332▲ 379%€46,316▼ 8.0%€25,287▼ 45.4%€10,772▼ 57.4%€8,021▼ 25.5%
Net result€45,479above the sector's middle half▲ 533%€43,294above the sector's middle half▼ 4.8%€19,332within the sector's middle half▼ 55.3%€1,206within the sector's middle half▼ 93.8%-€4,896below the sector's middle half
Equity€60,740within the sector's middle half▲ 82.6%€86,034within the sector's middle half▲ 41.6%€105,366above the sector's middle half▲ 22.5%€106,572above the sector's middle half▲ 1.1%€101,677above the sector's middle half▼ 4.6%
Total assets€171,304within the sector's middle half▲ 190%€321,086above the sector's middle half▲ 87.4%€266,264within the sector's middle half▼ 17.1%€155,695within the sector's middle half▼ 41.5%€172,688within the sector's middle half▲ 10.9%
Debt€110,564▲ 330%€235,052▲ 113%€160,898▼ 31.5%€49,123▼ 69.5%€71,011▲ 44.6%
Working capital€44,763▲ 28.3%€47,036▲ 5.1%€50,723▲ 7.8%€98,012▲ 93.2%€88,160▼ 10.1%
Solvency35.5%within the sector's middle half▼ 20.9pp26.8%within the sector's middle half▼ 8.7pp39.6%within the sector's middle half▲ 12.8pp68.4%above the sector's middle half▲ 28.9pp58.9%within the sector's middle half▼ 9.6pp
Staff (FTE)2
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 26% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172,688
Fixed assets
€21,253 ▼ 17.2%
Current assets
€151,435 ▲ 16.5%
Equity and liabilities €172,688
Equity
€101,677 ▼ 4.6%
Debt
€71,011 ▲ 44.6%
Debt's share of the balance-sheet total rises from 31.6% to 41.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17,636▼
2023 · €26,669
Cash flow
€4,719▼
2023 · €17,103
Current ratio
2.39▼
2023 · 4.06
Debt to equity
0.70▲
2023 · 0.46
ROE
-4.8%▼
2023 · 1.1%
ROA
-2.8%▼
2023 · 0.8%
Interest coverage
3.67▼
2023 · 12.19
Debt ≤ 1 year
€63,275▲
2023 · €32,015
Debt > 1 year
€7,736▼
2023 · €17,108
Income taxes
€11,322▲
2023 · €10,083
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,916 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,000 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €59,065 | €162,174 | €55,621 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,538 | €12,879 | €23,384 | €15,897 | €9,615 | ▼ 39.5% |
| Other operating charges640/8 | - | €12,738 | €19,037 | €19,550 | €6,264 | ▼ 68.0% |
| Gross operating margin9900 | €60,440 | €130,998 | €229,882 | €101,840 | €23,900 | ▼ 76.5% |
| Operating profit (loss)9901 | €50,332 | €46,316 | €25,287 | €10,772 | €8,021 | ▼ 25.5% |
| Financial income75/76B | - | €5,051 | €4,974 | €2,704 | €3,207 | ▲ 18.6% |
| Recurring financial income75 | €4,333 | €5,051 | €4,974 | €2,704 | €3,207 | ▲ 18.6% |
| Financial charges65/66B | - | €1,061 | €2,893 | €2,187 | €4,802 | ▲ 120% |
| Recurring financial charges65 | €1,514 | €1,061 | €2,893 | €2,187 | €4,802 | ▲ 120% |
| Profit (loss) for the period before taxes9903 | €53,151 | €50,306 | €27,368 | €11,289 | €6,426 | ▼ 43.1% |
| Income taxes67/77 | €7,672 | €7,012 | €8,036 | €10,083 | €11,322 | ▲ 12.3% |
| Profit (loss) for the period9904 | €45,479 | €43,294 | €19,332 | €1,206 | -€4,896 | ▼ 506% |
| Profit (loss) for the period to be appropriated9905 | €45,479 | €43,294 | €19,332 | €1,206 | -€4,896 | ▼ 506% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,304 | €321,086 | €266,264 | €155,695 | €172,688 | ▲ 10.9% |
| Fixed assets21/28 | €33,622 | €44,112 | €72,546 | €25,668 | €21,253 | ▼ 17.2% |
| Tangible fixed assets22/27 | €33,622 | €41,443 | €65,397 | €15,584 | €11,169 | ▼ 28.3% |
| Furniture and vehicles24 | - | €41,443 | €65,397 | €15,584 | €11,169 | ▼ 28.3% |
| Financial fixed assets28 | - | €2,669 | €7,149 | €10,084 | €10,084 | = |
| Current assets29/58 | €137,682 | €276,974 | €193,718 | €130,027 | €151,435 | ▲ 16.5% |
| Amounts receivable within one year40/41 | €129,813 | €265,708 | €190,749 | €123,083 | €137,979 | ▲ 12.1% |
| Trade receivables40 | - | €188,991 | €127,721 | €81,311 | €74,142 | ▼ 8.8% |
| Other amounts receivable41 | - | €76,717 | €63,028 | €41,772 | €63,837 | ▲ 52.8% |
| Cash at bank and in hand54/58 | €7,869 | €11,266 | €2,969 | €6,944 | €13,456 | ▲ 93.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,304 | €321,086 | €266,264 | €155,695 | €172,688 | ▲ 10.9% |
| Equity10/15 | €60,740 | €86,034 | €105,366 | €106,572 | €101,677 | ▼ 4.6% |
| Contributions10/11 | €100 | €100 | €100 | €100 | €100 | = |
| Capital10 | - | €100 | €100 | €100 | €100 | = |
| Issued capital100 | - | €100 | €100 | €100 | €100 | = |
| Reserves13 | €10 | €10 | €10 | €10 | €10 | = |
| Non-distributable reserves130/1 | - | €10 | €10 | €10 | €10 | = |
| Legal reserve130 | - | €10 | €10 | €10 | €10 | = |
| Profit (loss) carried forward14 | €60,630 | €85,924 | €105,256 | €106,462 | €101,567 | ▼ 4.6% |
| Amounts payable17/49 | €110,564 | €235,052 | €160,898 | €49,123 | €71,011 | ▲ 44.6% |
| Amounts payable after more than one year17 | €17,645 | €5,114 | €17,903 | €17,108 | €7,736 | ▼ 54.8% |
| Financial debts170/4 | - | €5,114 | €17,903 | €17,108 | €7,736 | ▼ 54.8% |
| Amounts payable within one year42/48 | €92,919 | €229,938 | €142,995 | €32,015 | €63,275 | ▲ 97.6% |
| Current portion of amounts payable after more than one year42 | - | €4,999 | €10,101 | €9,808 | €9,740 | ▼ 0.7% |
| Trade debts44 | €58,512 | €189,591 | €85,962 | - | €32,548 | - |
| Suppliers440/4 | - | €189,591 | €85,962 | - | €32,548 | - |
| Advances received on contracts in progress46 | - | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Taxes, remuneration and social security45 | - | €15,548 | €45,132 | €20,407 | €19,187 | ▼ 6.0% |
| Taxes450/3 | - | €9,154 | €22,731 | €11,603 | €11,754 | ▲ 1.3% |
| Remuneration and social security454/9 | - | €6,394 | €22,401 | €8,804 | €7,433 | ▼ 15.6% |
| Other amounts payable47/48 | - | €18,000 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,479 | €43,294 | €19,332 | €1,206 | -€4,896 | ▼ 506% |
| + Depreciation and write-downs630 | €9,538 | €12,879 | €23,384 | €15,897 | €9,615 | ▼ 39.5% |
| Operating cash flow (approximation) | €55,017 | €56,173 | €42,716 | €17,103 | €4,719 | ▼ 72.4% |
| Investment in fixed assets (approximation) | - | -€23,369 | -€51,818 | €30,981 | -€5,200 | ▼ 117% |
| Change in cash | - | €3,397 | -€8,297 | €3,975 | €6,512 | ▲ 63.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€4,896
Net result drops to -€4,896, the lowest in the series.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.06
Current ratio from 1.35 to 4.06; short-term debt falls from €142,995 to €32,015.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Equity above €100,000Eq €105,366 ▲22.5%
4 profitable years in a row build equity to €105,366.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €45,479 ▲533%
Operating result €50,332, net result €45,479, both a record.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Back to profitnet €7,188
Net result €7,188 after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
Show earlier events
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Beersel · 1 establishment unit since 2014
Ground area
198 m²
Building footprint
81 m²
Volume, LiDAR
473 m³
Parcel 23017E0100/00G003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RCAL
since 20142.229.300.520
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017E0100/00G003 | Flanders | 198 m² | 1 · 81 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JESSPHIL
BE 0712.955.839
Evergem · Eq €101,705
HEYLEN
BE 0445.287.903
Westerlo · Eq €101,633
KN-GROUPE
BE 0561.851.714
Brussel · Eq €101,737
AZ FAST
BE 1002.118.876
Zaventem · Eq €101,607
HENDRIKS TLS
BE 0798.143.813
Plombières · Eq €101,561
Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 6,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
41003General construction of other non-residential buildings
53100Postal and courier activities
81300Landscape service activities
Contact
Phone
02/000.00.00
E-invoicing
Reachable via Peppol
Peppol ID
0208:0549869046
Also
9925:BE0549869046
Registered
21-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.