RD Projects
ActiveRD Projects has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €-25k. Equity is shrinking by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
23
/ 100
Critical▲ +21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency3▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.41 in 2024), and 95.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€25k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9088 sector peers (2025).
NBB · sector comparisonPosition among 9088 sector peers
Solvency
better than 23%
← weakest
strongest →
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 19-03-2026, 134 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
134 d early
2024
51 d early
2023
47 d early
2022
49 d early
2021
34 d early
2020
20 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€81k▼ 23.4%
2024 · €106k
2020: €190k
2021: €185k
2022: €163k
2023: €151k
2024: €106k
2020 → 2025
Total assets
€1.65M▼ 4.4%
2024 · €1.73M
2020: €197k
2021: €192k
2022: €193k
2023: €1.12M
2024: €1.73M
2020 → 2025
Net result
€-25k▲ 45.6%
2024 · €-45k
2020: €-10k
2021: €-5k
2022: €-22k
2023: €-12k
2024: €-45k
2020 → 2025
Working capital
€-42k▼ 23.4%
2024 · €-34k
2020: €189
2021: €-926
2022: €-19k
2023: €-27k
2024: €-34k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€185k-€163k▼ 12.0%€151k▼ 7.3%€106k▼ 30.0%€81k▼ 23.4%
Operating result€-5k-€-22k▼ 348%€-9k▲ 60.5%€4k€36k▲ 933%
Net result€-5k-€-22k▼ 331%€-12k▲ 46.2%€-45k▼ 281%€-25k▲ 45.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 933% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.65M
Fixed assets
€1.63M▼ 4.5%
Current assets
€25k▲ 4.6%
Equity and liabilities €1.65M
Equity
€81k▼ 23.4%
Debt
€1.57M▼ 3.1%
The debt ratio rises from 93.9% to 95.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€113k▲
2024 · €5k
Cash flow
€52k▲
2024 · €-44k
Solvency
4.9%▼
2024 · 6.1%
Current ratio
0.37▼
2024 · 0.41
Quick ratio
0.37▼
2024 · 0.41
Debt / equity
19.42▲
2024 · 15.36
ROE
-30.5%▲
2024 · -42.9%
ROA
-1.5%▲
2024 · -2.6%
Interest coverage
1.85▲
2024 · 0.09
Debt
€1.57M▼
2024 · €1.62M
Debt ≤ 1 year
€67k▲
2024 · €58k
Debt > 1 year
€1.51M▼
2024 · €1.56M
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€1.73M€1.65M▼
Fixed assets21/28€1.70M€1.63M▼
Tangible fixed assets22/27€1.70M€1.63M▼
Land and buildings22€177k€1.63M▲
Assets under construction and advance payments27€1.53M-
Current assets29/58€24k€25k▲
Amounts receivable within one year40/41€4k€484▼
Trade receivables40-€484
Other amounts receivable41€4k-
Cash at bank and in hand54/58€20k€24k▲
Equity and liabilities
Total equity and liabilities10/49€1.73M€1.65M▼
Equity10/15€106k€81k▼
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-94k€-119k▼
Amounts payable17/49€1.62M€1.57M▼
Amounts payable after more than one year17€1.56M€1.51M▼
Financial debts170/4€1.56M€1.51M▼
Amounts payable within one year42/48€58k€67k▲
Current portion of amounts payable after more than one year42€57k€60k▲
Trade debts44€185€484▲
Suppliers440/4€185€484▲
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€76k▲
Other operating charges640/8€534€9k▲
Gross operating margin9900€5k€122k▲
Operating profit (loss)9901€4k€36k▲
Financial charges65/66B€49k€61k▲
Recurring financial charges65€49k€61k▲
Profit (loss) for the period before taxes9903€-45k€-25k▲
Profit (loss) for the period9904€-45k€-25k▲
Profit (loss) for the period to be appropriated9905€-45k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-94k€-119k▼
Profit (loss) brought forward from the previous period14P€-49k€-94k▼
The notes to these accounts (7 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
04-08
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director appointment4 facts ▸
- General meeting, 09.04.2026
- Director resignation, Patric Derdaele (bestuurder)
- Director appointment, Ron de Kraker (bestuurder)
- Registered-office move, 3920 Lommel, Rembert Dodoensstraat 14
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Ron de Kraker
CurrentDirector · since 09-04-2026
04-08-2026
Patric Derdaele: Resigned as Director
09-04-2026
Ron de Kraker: Appointed as Director
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 2019
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.
Rembert Dodoensstraat 143920 LommelGround area
9,035 m²
Building footprint
3,358 m²
Volume, LiDAR
27,383 m³
2 parcels, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RD Projects
since 20192.287.693.629
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1408/00N020 | Flanders | 6,029 m² | 1 · 2,302 m² | 14.8 m · 4 fl. |
| 72020C1408/00E019 | Flanders | 3,006 m² | 1 · 1,056 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SOBEPAR
BE 0632.514.531
Sint-Gillis (bij-Brussel) · Eq €81k
De Merode
BE 0784.691.693
Turnhout · Eq €81k
AnDi
BE 0773.599.942
Rotselaar · Eq €81k
ASTRALIA
BE 0824.656.782
Lasne · Eq €81k
LEOVILLE INVEST
BE 0639.773.693
Kraainem · Eq €81k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 3,921 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2019
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.