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RDB IMMO 5

Active
Public limited companyfounded 199729 years activeBarricadenplein 1, 1000 Brussel, BelgiumKBO/BCE: BE 0460.810.277
Summary

RDB IMMO 5 has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €140,223. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 1,296 sector peers (NACE 41, fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€7.3mturnover 2024
Equity
€1.6m
Profit
€140,223
Financial health
67 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts 69 days overdue1 of 13 deeds read
Why 67- 1 change of registered office in 24 months- Figures for FY 2024 (filed 01-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late+ Founded in 1997Show the evidence

Checked score

Score 2024
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 69% of its sector peers (NACE 41, small)
Financial strength · tick = 2023
Strong
Solvency 90+3
equity 64.9% of total assets
Liquidity 80+8
short-term debt 35.1% · cash 36.9%
Profitability 61-17
return on assets 5.9%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (910 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.3 percentage points vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.3%▲ +0.2 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.4 percentage points vs 09-2026highest value
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 2.84 against 2.61 in 2023; short-term debt: 35.1% and cash: 36.9% of total assets), and 35.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small): better than 85% on solvency, 94% on liquidity, 49% on profitability and 47% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 01-10-2025)
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 days late
2023
69 days late
2022
129 days late
2021
87 days late
2020
95 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 88 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Among the best 17% on solvencysector median 31.8% · 1,296 companies 64.9% View
  • Positive: 7 profitable years in a rowprofit 2024: €140,223 7 years View
  • Caution: Result fell in 2024from €191,682 to €140,223 ▼ 26.8% View

By topic

Financials

Fiscal year
2024
Turnover
€7.3m
Profit
€140,223
Solvency
64.9%
Turnover▲ 22.6%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 07-12-2023Annual accounts filed
  2. 26-10-2022Annual accounts filed
  3. 31-12-2021Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
05-06-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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