RCVG
Annual accounts 2024
micro format, filed on 04-09-2025, 35 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €240,000 and €350,000.
Balance sheet
balance sheet total €108,710 on 31-12-2024in euro
in euro
Position in the sector
-87.7%
Higher than 11% of 18,731 companies in 2024.
0.20
Higher than 9% of 18,120 companies in 2024.
-31.1%
Higher than 11% of 18,199 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€9,699
Staff costs divided by the average number of full-time equivalents.
+2 people
In 2024, 71 people joined and 69 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
108,710 | 142,461 | |
21/28 |
80,732 | 93,731 | |
21 |
77,926 | 87,926 | |
22/27 |
2,806 | 5,805 | |
24 |
2,806 | 5,805 | |
29/58 |
27,978 | 48,730 | |
3 |
2,826 | 11,640 | |
30/36 |
2,826 | 11,640 | |
40/41 |
395 | 3,100 | |
40 |
395 | 3,100 | |
54/58 |
21,748 | 32,301 | |
490/1 |
3,009 | 1,689 | |
| Balance sheet: equity and liabilities | |||
10/49 |
108,710 | 142,461 | |
10/15 |
-95,316 | -61,492 | |
10/11 |
24,000 | 24,000 | |
14 |
-119,316 | -85,492 | |
17/49 |
204,026 | 203,953 | |
17 |
52,960 | 76,311 | |
170/4 |
52,960 | 44,367 | |
175 |
- | 31,944 | |
42/48 |
142,558 | 127,643 | |
42 |
24,601 | 24,126 | |
44 |
62,231 | 80,930 | |
440/4 |
62,231 | 80,930 | |
45 |
49,083 | 20,493 | |
450/3 |
27,442 | 6,267 | |
454/9 |
21,641 | 14,226 | |
47/48 |
6,643 | 2,094 | |
492/3 |
8,509 | - | |
| Income statement | |||
9900 |
100,443 | 95,860 | |
62 |
115,421 | 157,341 | |
630 |
13,000 | 15,269 | |
640/8 |
2,324 | 930 | |
9901 |
-30,301 | -77,679 | |
75/76B |
129 | 384 | |
75 |
129 | 384 | |
65/66B |
3,630 | 8,184 | |
65 |
3,630 | 8,184 | |
9903 |
-33,802 | -85,479 | |
67/77 |
23 | 13 | |
9904 |
-33,824 | -85,492 | |
9905 |
-33,824 | -85,492 | |
| Appropriation of the result | |||
9906 |
-119,316 | -85,492 | |
14P |
-85,492 | - | |
| Social balance sheet | |||
9087 |
11.9 | 14.7 | |
Hours worked1013 |
6,215 | 9,064 | |
| Document | |||
The notes to these accounts have 9 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 2024 (PDF), filed on 04-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 35 days after the deadline. Filed on 4 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00482861.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| -17,301 | -62,410 | ||
| -20,824 | -70,224 | ||
| 0 | 109,000 | ||
| -10,553 | - | ||
| -114,580 | -78,913 | ||
| -87.7% | -43.2% | ||
| 0.20 | 0.38 | ||
| 0.18 | 0.29 | ||
| -31.1% | -60.0% | ||
| -4.77 | -7.63 |
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 12 | 10 |
| full-time | 3 | 4 |
| part-time | 9 | 6 |
| in full-time equivalents | 5.3 | 5.4 |
| 6 | 6.4 | |
| On a permanent contract | 1 | 2 |
| Joined | 71 | 133 |
| Left | 69 | 125 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | - | €9,000 |
| Intangible fixed assets | - | €100,000 |
| €13,000 | €15,269 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on RCVG
The operating result for 2024 is a loss of €30,301, smaller than the loss of €77,679 in 2023.
Equity is negative. Debt (€204,026) exceeds the balance-sheet total (€108,710).