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RD-GROUP

Active
Private limited companyfounded 201610 yrs activeMekeirleweg 17, 8570 Anzegem, BelgiumKBO/BCE: BE 0645.604.185

RD-GROUP has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €366k and a net result of €183k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
58 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▼-6
Solvency52▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.17 in 2023; short-term debt: 72.5% and cash: 6.8% of total assets), and 73.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 →
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 15-07-2025, 16 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
16 d early
2023
29 d early
2022
30 d late
2021
39 d early
2020
39 d early
2019
127 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€366k▲ 29.6%
2023 · €282k
2018: €130k 2019: €177k 2020: €156k 2021: €220k 2022: €270k 2023: €282k
2018 → 2024
Total assets
€1.36M▲ 25.1%
2023 · €1.09M
2018: €346k 2019: €519k 2020: €657k 2021: €670k 2022: €877k 2023: €1.09M
2018 → 2024
Net result
€183k▼ 10.5%
2023 · €205k
2018: €16k 2019: €37k 2020: €25k 2021: €64k 2022: €49k 2023: €205k
2018 → 2024
Working capital
€14k▼ 88.9%
2023 · €130k
2018: €108k 2019: €123k 2020: €19k 2021: €79k 2022: €165k 2023: €130k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€156k-€220k▲ 40.9%€270k▲ 22.4%€282k▲ 4.6%€366k▲ 29.6%
Operating result€44k-€99k▲ 123%€78k▼ 20.9%€286k▲ 267%€260k▼ 9.3%
Net result€25k-€64k▲ 152%€49k▼ 22.8%€205k▲ 315%€183k▼ 10.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €44k€44kNet result 2020: €25k€25kOperating result 2021: €99k€99kNet result 2021: €64k€64kOperating result 2022: €78k€78kNet result 2022: €49k€49kOperating result 2023: €286k€286kNet result 2023: €205k€205kOperating result 2024: €260k€260kNet result 2024: €183k€183k20202021202220232024
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets €360k▲ 65.1%
Current assets €1.00M▲ 15.1%
Equity and liabilities €1.36M
Equity €366k▲ 29.6%
Debt €998k▲ 23.5%
The debt ratio falls from 74.1% to 73.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€336k
2023 · €346k
Cash flow
€260k
2023 · €265k
Solvency
26.8%
2023 · 25.9%
Current ratio
1.01
2023 · 1.17
Quick ratio
0.79
2023 · 0.84
Debt / equity
2.73
2023 · 2.86
ROE
50.2%
2023 · 72.6%
ROA
13.4%
2023 · 18.8%
Interest coverage
13.81
2023 · 21.06
Debt
€998k
2023 · €808k
Debt ≤ 1 year
€989k
2023 · €743k
Debt > 1 year
€1k
2023 · €63k
Income taxes
€69k
2023 · €73k
Staff costs
€825k
2023 · €789k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.09M€1.36M
Fixed assets21/28€218k€360k
Intangible fixed assets21€30k€94k
Tangible fixed assets22/27€188k€190k
Land and buildings22€50k€45k
Plant, machinery and equipment23€108k€92k
Furniture and vehicles24€30k€54k
Financial fixed assets28€25€75k
Current assets29/58€872k€1.00M
Stocks and contracts in progress3€249k€222k
Stocks30/36€203k€193k
Contracts in progress37€46k€29k
Amounts receivable within one year40/41€389k€657k
Trade receivables40€141k€272k
Other amounts receivable41€248k€385k
Cash at bank and in hand54/58€206k€93k
Deferred charges and accrued income490/1€29k€32k
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.36M
Equity10/15€282k€366k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€262k€345k
Amounts payable17/49€808k€998k
Amounts payable after more than one year17€63k€1k
Financial debts170/4€63k€1k
Amounts payable within one year42/48€743k€989k
Current portion of amounts payable after more than one year42€63k€62k
Financial debts43€265k€306k
Credit institutions430/8€265k€306k
Trade debts44€185k€351k
Suppliers440/4€185k€351k
Advances received on contracts in progress46€29k€46k
Taxes, remuneration and social security45€100k€56k
Taxes450/3€8k€333
Remuneration and social security454/9€92k€55k
Other amounts payable47/48€100k€169k
Accrued charges and deferred income492/3€2k€8k
Income statement Code20232024
Non-recurring operating income76A€3k€0
Remuneration, social security and pensions62€789k€825k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€76k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€3k
Other operating charges640/8€4k€5k
Non-recurring operating charges66A€0€2k
Gross operating margin9900€1.14M€1.17M
Operating profit (loss)9901€286k€260k
Financial income75/76B€8k€17k
Recurring financial income75€8k€17k
Financial charges65/66B€16k€24k
Recurring financial charges65€16k€24k
Profit (loss) for the period before taxes9903€278k€253k
Income taxes67/77€73k€69k
Profit (loss) for the period9904€205k€183k
Profit (loss) for the period to be appropriated9905€205k€183k
Appropriation of the result
Profit (loss) to be appropriated9906€394k€445k
Profit (loss) brought forward from the previous period14P€189k€262k
Profit to be distributed694/7€133k€100k
Return on contributions (dividend)694€124k€100k
Other beneficiaries697€9k€0
Social balance
Average headcount (FTE)908713.012.3

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €205k ▲315%
Operating result €286k, net result €205k, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €200kEq €220k ▲40.9%
4 profitable years in a row build equity to €220k.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €150kEq €177k ▲36.1%
2 profitable years in a row build equity to €177k.
31-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
10-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Anzegem · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Mekeirleweg 178570 Anzegem
Ground area
1,247 m²
Building footprint
171 m²
Volume, LiDAR
893 m³
Parcel 34038B0376/00F000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RD-GROUP
Mekeirleweg 17, 8570 AnzegemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20162.249.098.220
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34038B0376/00F000 Flanders 1,247 m² 1 · 171 m² 8.2 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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 1,157 EUR awarded · 1,157 EUR paid
Year Entries awardedpaid
2025 1 900 EUR900 EUR
2023 1 257 EUR257 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,157 EUR · 1,157 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,559 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-01-2016
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43320Joinery installation
43350Other building finishing work
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:ruben@rdgroup.be
Enterprise
Phone:056200700
Enterprise