RD PROJECTS
Annual accounts 2025
micro format, filed on 15-06-2026, 46 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €59,000. Estimated: probably between €44,000 and €86,000.
Balance sheet
balance sheet total €541,845 on 31-12-2025in euro
in euro
Position in the sector
2.2%
Higher than 23% of 17,190 companies in 2025.
0.02
Lower than 95% of 16,487 companies in 2025.
-4.7%
Higher than 17% of 16,866 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
541,845 | 585,737 | 424,484 | 462,446 | |
21/28 |
537,056 | 581,397 | 418,351 | 446,542 | |
22/27 |
447,056 | 491,397 | 418,351 | 446,542 | |
22 |
367,665 | 392,742 | 418,351 | 446,542 | |
24 |
79,391 | 98,656 | - | - | |
28 |
90,000 | 90,000 | - | - | |
29/58 |
4,789 | 4,340 | 6,133 | 15,904 | |
40/41 |
16 | - | - | - | |
40 |
16 | - | - | - | |
54/58 |
3,888 | 3,047 | 5,549 | 15,395 | |
490/1 |
886 | 1,293 | 584 | 509 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
541,845 | 585,737 | 424,484 | 462,446 | |
10/15 |
12,058 | 37,433 | 53,253 | 53,616 | |
10/11 |
31,296 | 31,296 | 31,296 | 31,296 | |
13 |
0 | 6,137 | 21,957 | 22,320 | |
133 |
0 | 6,137 | 21,957 | 22,320 | |
14 |
-19,238 | - | - | - | |
17/49 |
529,787 | 548,304 | 371,231 | 408,830 | |
17 |
221,642 | 285,532 | 309,867 | 356,654 | |
170/4 |
184,642 | 232,532 | 279,867 | 326,654 | |
178/9 |
37,000 | 53,000 | 30,000 | 30,000 | |
42/48 |
304,025 | 257,022 | 58,154 | 48,976 | |
42 |
47,890 | 47,335 | 46,787 | 46,245 | |
44 |
744 | 158 | 1,430 | - | |
440/4 |
744 | 158 | 1,430 | - | |
45 |
2,841 | 604 | 124 | 124 | |
450/3 |
2,841 | 604 | 124 | 124 | |
47/48 |
252,550 | 208,925 | 9,813 | 2,608 | |
492/3 |
4,120 | 5,751 | 3,210 | 3,199 | |
| Income statement | |||||
9900 |
36,324 | 40,118 | 39,521 | 64,821 | |
630 |
48,594 | 41,629 | 28,191 | 47,982 | |
640/8 |
6,662 | 5,932 | 5,674 | 7,490 | |
9901 |
-18,931 | -7,443 | 5,656 | 9,349 | |
75/76B |
0 | 1 | - | - | |
75 |
0 | 1 | - | - | |
65/66B |
6,004 | 8,075 | 6,020 | 8,870 | |
65 |
6,004 | 8,075 | 6,020 | 8,870 | |
9903 |
-24,935 | -15,517 | -363 | 480 | |
67/77 |
439 | 304 | 0 | 124 | |
9904 |
-25,374 | -15,820 | -363 | 356 | |
9905 |
-25,374 | -15,820 | -363 | 356 | |
| Appropriation of the result | |||||
9906 |
-25,374 | -15,820 | -363 | 22,320 | |
14P |
- | - | 0 | 21,964 | |
791/2 |
6,137 | 15,820 | 363 | - | |
691/2 |
- | - | 0 | 22,320 | |
6921 |
- | - | 0 | 22,320 | |
| Document | |||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 29,662 | 34,186 | 33,847 | 57,331 | ||
| 23,219 | 25,809 | 27,827 | 48,338 | ||
| 4,252 | 204,675 | 0 | 494,524 | ||
| 841 | -2,501 | -9,846 | - | ||
| -299,236 | -252,682 | -52,021 | -33,072 | ||
| 2.2% | 6.4% | 12.5% | 11.6% | ||
| 0.02 | 0.02 | 0.11 | 0.32 | ||
| 43.94 | 14.65 | 6.97 | 7.63 | ||
| -210.4% | -42.3% | -0.7% | 0.7% | ||
| -4.7% | -2.7% | -0.1% | 0.1% | ||
| 4.94 | 4.23 | 5.62 | 6.46 |
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €25,000 |
| €450,000 | €450,000 | €450,000 | €450,000 | |
| Carrying value of the mortgaged assets | €367,665 | €392,720 | €418,081 | €445,495 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,252 | €114,675 | - | €494,524 |
| Financial fixed assets | - | €90,000 | - | - |
| €48,594 | €41,629 | €28,191 | €47,982 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on RD PROJECTS
The operating result for 2025 is a loss of €18,931, larger than the loss of €7,443 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 93.6% to 97.8%. Equity and debt are lower.