RCS COMPANY
ActiveSummary
The computed 12-month bankruptcy probability of RCS COMPANY is 4.9% (elevated). The 2025 annual accounts show equity of €9k and a net result of €-2k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-34
Solvency40▼-12
Growth52=
Track record94
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.19 against 1.36 in 2024; short-term debt: 84% and cash: 35.8% of total assets), and 84.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
15.2%
Return on assets
-2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
13 d late
2024
30 d late
2023
31 d late
2022
31 d late
2021
426 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 13.9%
2024 · €11k
2021: €7k
2022: €7k
2023: €6k
2024: €11k
2021 → 2025
Total assets
€62k▲ 52.5%
2024 · €40k
2021: €31k
2022: €31k
2023: €45k
2024: €40k
2021 → 2025
Net result
€-2k
2024 · €1k
2021: €7k
2022: €-198
2023: €-327
2024: €1k
2021 → 2025
Working capital
€10k▼ 6.0%
2024 · €11k
2021: €7k
2022: €3k
2023: €4k
2024: €11k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€7k▼ 2.9%€6k▼ 4.8%€11k▲ 69.8%€9k▼ 13.9%
Operating result€9k-€-44€-99▼ 126%€3k€-91
Net result€7k-€-198€-327▼ 64.6%€1k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €91 after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €62k
Equity
€9k ▼ 13.9%
Debt
€52k ▲ 77.0%
Debt's share of the balance-sheet total rises from 73.1% to 84.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€293▼
2024 · €5k
Cash flow
€-1k▼
2024 · €3k
Current ratio
1.19▼
2024 · 1.36
Debt to equity
5.58▲
2024 · 2.71
ROE
-16.2%▼
2024 · 13.6%
ROA
-2.5%▼
2024 · 3.6%
Interest coverage
0.22▼
2024 · 3.37
Debt ≤ 1 year
€52k▲
2024 · €30k
Income taxes
€84▼
2024 · €452
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€62k▲
Fixed assets21/28€384-
Tangible fixed assets22/27€384-
Furniture and vehicles24€384-
Current assets29/58€40k€62k▲
Amounts receivable within one year40/41€32k€40k▲
Trade receivables40€32k€39k▲
Other amounts receivable41€462€430▼
Cash at bank and in hand54/58€8k€22k▲
Equity and liabilities
Total equity and liabilities10/49€40k€62k▲
Equity10/15€11k€9k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€8k€6k▼
Amounts payable17/49€30k€52k▲
Amounts payable within one year42/48€30k€52k▲
Trade debts44€23k€33k▲
Suppliers440/4€23k€33k▲
Taxes, remuneration and social security45€2k€15k▲
Taxes450/3€452€823▲
Remuneration and social security454/9€2k€14k▲
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3-€500
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€384▼
Other operating charges640/8€452€438▼
Gross operating margin9900€6k€731▼
Operating profit (loss)9901€3k€-91▼
Financial income75/76B€15€0▼
Recurring financial income75€15€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€2k€-1k▼
Income taxes67/77€452€84▼
Profit (loss) for the period9904€1k€-2k▼
Profit (loss) for the period to be appropriated9905€1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€6k▼
Profit (loss) brought forward from the previous period14P€6k€8k▲
The notes to these accounts (4 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
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Weakest financial yearnet €-2k ▼203%
Net result drops to €-2k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 426 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Evere · 1 establishment unit since 2021
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.
Frans Pepermansstraat 571140 EvereGround area
147 m²
Building footprint
93 m²
Volume, LiDAR
584 m³
Parcel 21006A0378/00Z002, Brussels · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frans Pepermansstraat 57, 1140 Evere
since 20212.316.603.884
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0378/00Z002 | Brussels | 147 m² | 1 · 93 m² | 11.9 m · 2 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.
Similar companies · same sector, comparable size
SRG
BE 0797.609.917
Wemmel · Eq €9,382
HS BUSINESS
BE 0659.977.805
Charleroi · Eq €9,349
PUTMAN DAKWERKEN
BE 0674.584.619
Kruisem · Eq €9,271
TGS RENOVATIES
BE 0803.349.941
Houthulst · Eq €9,473
3-K CONSTRUCTION
BE 0718.649.343
Zaventem · Eq €9,262
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 1,715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43910Bricklaying and masonry work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.