RD
ActiveRD has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.40M and a net result of €850k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 50% of 4812 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency87▼-5
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.78 in 2024), but 54.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
45.7%
Return on assets
16.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
65 d early
2023
117 d early
2022
69 d early
2021
67 d early
2020
65 d early
2019
31 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€850k▲ 28.2%
2024 · €663k
2018: €252k
2019: €709k
2020: €671k
2021: €12k
2022: €553k
2023: €597k
2024: €663k
2018 → 2025
Working capital
€1.34M▼ 15.5%
2024 · €1.59M
2018: €1.68M
2019: €1.90M
2020: €2.24M
2021: €2.32M
2022: €2.69M
2023: €1.62M
2024: €1.59M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.11M-€3.38M▲ 8.8%€2.36M▼ 30.2%€2.41M▲ 2.2%€2.40M▼ 0.2%
Operating result€169k-€747k▲ 343%€811k▲ 8.6%€1.04M▲ 28.4%€1.17M▲ 11.9%
Net result€12k-€553k▲ 4,678%€597k▲ 8.0%€663k▲ 11.0%€850k▲ 28.2%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.26M
Fixed assets
€2.37M▲ 189%
Current assets
€2.88M▼ 20.5%
Equity and liabilities €5.26M
Equity
€2.40M▼ 0.2%
Debt
€2.85M▲ 40.0%
The debt ratio rises from 45.8% to 54.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1.29M▲
2024 · €1.17M
Cash flow
€973k▲
2024 · €792k
Solvency
45.7%▼
2024 · 54.2%
Current ratio
1.87▲
2024 · 1.78
Quick ratio
0.78▲
2024 · 0.67
Debt / equity
1.19▲
2024 · 0.85
ROE
35.4%▲
2024 · 27.5%
ROA
16.2%▲
2024 · 14.9%
Interest coverage
13.77▲
2024 · 7.64
Debt
€2.85M▲
2024 · €2.04M
Debt ≤ 1 year
€1.54M▼
2024 · €2.04M
Debt > 1 year
€1.30M
Income taxes
€236k▼
2024 · €242k
Staff costs
€479k▲
2024 · €475k
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€4.45M€5.26M▲
Fixed assets21/28€823k€2.37M▲
Tangible fixed assets22/27€823k€2.37M▲
Land and buildings22€670k€2.27M▲
Plant, machinery and equipment23€75k€59k▼
Furniture and vehicles24€77k€50k▼
Current assets29/58€3.62M€2.88M▼
Stocks and contracts in progress3€2.25M€1.68M▼
Stocks30/36€2.25M€1.68M▼
Amounts receivable within one year40/41€951k€805k▼
Trade receivables40€951k€805k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€420k€297k▼
Deferred charges and accrued income490/1€4k€104k▲
Equity and liabilities
Total equity and liabilities10/49€4.45M€5.26M▲
Equity10/15€2.41M€2.40M▼
Contributions10/11€212k€212k=
Capital10€212k€212k=
Issued capital100€212k€212k=
Reserves13€2.18M€2.18M=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€2.17M€2.17M=
Profit (loss) carried forward14€0€0=
Investment grants15€18k€13k▼
Amounts payable17/49€2.04M€2.85M▲
Amounts payable after more than one year17-€1.30M
Financial debts170/4-€1.30M
Amounts payable within one year42/48€2.04M€1.54M▼
Current portion of amounts payable after more than one year42-€150k
Trade debts44€227k€347k▲
Suppliers440/4€227k€347k▲
Taxes, remuneration and social security45€282k€163k▼
Taxes450/3€246k€124k▼
Remuneration and social security454/9€36k€39k▲
Other amounts payable47/48€1.53M€881k▼
Accrued charges and deferred income492/3-€10k
Income statement
Code20242025
Remuneration, social security and pensions62€475k€479k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€129k€123k▼
Other operating charges640/8€62k€70k▲
Non-recurring operating charges66A-€109k
Gross operating margin9900€1.71M€1.95M▲
Operating profit (loss)9901€1.04M€1.17M▲
Financial income75/76B€16k€14k▼
Recurring financial income75€16k€14k▼
Financial charges65/66B€153k€94k▼
Recurring financial charges65€153k€94k▼
Profit (loss) for the period before taxes9903€905k€1.09M▲
Income taxes67/77€242k€236k▼
Profit (loss) for the period9904€663k€850k▲
Profit (loss) for the period to be appropriated9905€663k€850k▲
Appropriation of the result
Profit (loss) to be appropriated9906€619k€850k▲
Profit (loss) brought forward from the previous period14P€-43k€0▲
Transfer from equity791/2€43k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€663k€850k▲
Return on contributions (dividend)694€663k€850k▲
Directors or managers695€0-
Social balance
Average headcount (FTE)90879.08.9▼
The notes to these accounts (21 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €850k ▲28.2%
Operating result €1.17M, net result €850k, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €12k ▼98.3%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
RARE
CurrentDirector (executive) · since 15-05-2024 · Public limited company · perm. rep.: Didier ROUSSEAU
15-05-2024
Appointed as Director (executive)
Location & real-estate footprint
Registered office, Comines-Warneton · 1 establishment unit since 1986
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.
Langemarkweg(KOM) 207780 Comines-WarnetonGround area
1.2 ha
Building footprint
7,281 m²
Volume, LiDAR
61,997 m³
Parcel 54002C1175/00T000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Langemarkweg(KOM) 20, 7780 Comines-Warneton
since 19862.031.176.139
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54002C1175/00T000 | Wallonia | 1.2 ha | 1 · 7,281 m² | 9.8 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300BTN2LPI52W8E85
Similar companies · same sector, comparable size
SEATS AND SOFAS
BE 0462.808.576
Wommelgem · Eq €2.44M
ROYAL AUPING
BE 0411.888.724
Herentals · Eq €2.36M
LivWise
BE 0454.468.358
Deinze · Eq €2.35M
VIPACK
BE 0478.911.467
Wielsbeke · Eq €2.49M
Firma Van Der Stockt
BE 0441.279.922
Zele · Eq €2.30M
Of 674 companies in sector 46494 we hold annual accounts for 527. 301 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-12-1986
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
47591Retail trade
51471
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.