RDP
ActiveSummary
The computed 12-month bankruptcy probability of RDP is 1.8% (moderate). The 2024 annual accounts show equity of €126k and a net result of €14k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 31% of 2437 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability73=
Solvency53▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.41 in 2023; short-term debt: 64.7% and cash: 13.4% of total assets), and 72% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28%
Return on assets
3.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
227 d late
2022
178 d late
2021
158 d late
2020
34 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€126k▲ 12.4%
2023 · €112k
Total assets
€451k▲ 3.4%
2023 · €436k
Net result
€14k▼ 3.2%
2023 · €14k
Working capital
€103k▼ 7.8%
2023 · €111k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€31k▲ 324%€30k▼ 3.5%€25k▼ 16.2%€21k▼ 16.7%€20k▼ 3.5%
Net result€24k▲ 367%€24k▲ 1.9%€19k▼ 20.2%€14k▼ 25.9%€14k▼ 3.2%
Equity€54k▲ 79.5%€78k▲ 45.1%€98k▲ 24.8%€112k▲ 14.7%€126k▲ 12.4%
Total assets€244k▲ 42.9%€330k▲ 35.6%€374k▲ 13.2%€436k▲ 16.6%€451k▲ 3.4%
Debt€190k▲ 35.1%€252k▲ 32.8%€276k▲ 9.6%€324k▲ 17.3%€325k▲ 0.3%
Working capital€51k▼ 4.7%€79k▲ 55.9%€93k▲ 18.2%€111k▲ 19.8%€103k▼ 7.8%
Staff (FTE)1▲ 100%1.7▲ 70.0%2.4▲ 41.2%2.4=2.2▼ 8.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 4% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €451k
Fixed assets
€56k ▲ 8.3%
Current assets
€395k ▲ 2.8%
Equity and liabilities €451k
Equity
€126k ▲ 12.4%
Debt
€325k ▲ 0.3%
Debt's share of the balance-sheet total falls from 74.2% to 72.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▼
2023 · €60k
Cash flow
€36k▼
2023 · €53k
Current ratio
1.35▼
2023 · 1.41
Quick ratio
1.16▼
2023 · 1.26
Debt to equity
2.57▼
2023 · 2.88
ROE
11.1%▼
2023 · 12.8%
ROA
3.1%▼
2023 · 3.3%
Interest coverage
16.58▲
2023 · 15.81
Debt ≤ 1 year
€292k▲
2023 · €273k
Debt > 1 year
€32k▼
2023 · €51k
Income taxes
€6k▲
2023 · €4k
Staff costs
€138k▲
2023 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €60k | €89k | €133k | €138k | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €43k | €37k | €38k | €22k | ▼ 43.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €648 | €873 | ▲ 34.6% |
| Other operating charges640/8 | - | €777 | €1k | €617 | €2k | ▲ 254% |
| Gross operating margin9900 | €100k | €134k | €152k | €194k | €184k | ▼ 5.2% |
| Operating profit (loss)9901 | €31k | €30k | €25k | €21k | €20k | ▼ 3.5% |
| Financial income75/76B | - | €290 | €28 | €1k | €3k | ▲ 131% |
| Recurring financial income75 | €142 | €290 | €28 | €1k | €3k | ▲ 131% |
| Financial charges65/66B | - | €2k | €3k | €4k | €3k | ▼ 32.6% |
| Recurring financial charges65 | €2k | €2k | €3k | €4k | €3k | ▼ 32.6% |
| Profit (loss) for the period before taxes9903 | €30k | €28k | €23k | €18k | €20k | ▲ 10.3% |
| Income taxes67/77 | €6k | €4k | €3k | €4k | €6k | ▲ 58.4% |
| Profit (loss) for the period9904 | €24k | €24k | €19k | €14k | €14k | ▼ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €24k | €24k | €19k | €14k | €14k | ▼ 3.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €244k | €330k | €374k | €436k | €451k | ▲ 3.4% |
| Fixed assets21/28 | €85k | €82k | €79k | €52k | €56k | ▲ 8.3% |
| Tangible fixed assets22/27 | €85k | €82k | €79k | €52k | €46k | ▼ 11.5% |
| Plant, machinery and equipment23 | - | €52k | €27k | €12k | €18k | ▲ 47.8% |
| Leasing and similar rights25 | - | €30k | €52k | €40k | €28k | ▼ 30.3% |
| Financial fixed assets28 | - | - | - | - | €10k | - |
| Current assets29/58 | €159k | €248k | €296k | €384k | €395k | ▲ 2.8% |
| Stocks and contracts in progress3 | €42k | €43k | €44k | €42k | €55k | ▲ 31.8% |
| Stocks30/36 | - | €43k | €44k | €42k | €55k | ▲ 31.8% |
| Amounts receivable within one year40/41 | €110k | €133k | €216k | €302k | €279k | ▼ 7.7% |
| Trade receivables40 | - | €98k | €132k | €145k | €117k | ▼ 19.1% |
| Other amounts receivable41 | - | €35k | €84k | €157k | €161k | ▲ 2.8% |
| Cash at bank and in hand54/58 | €5k | €69k | €34k | €32k | €60k | ▲ 86.4% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €8k | €916 | ▼ 88.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €244k | €330k | €374k | €436k | €451k | ▲ 3.4% |
| Equity10/15 | €54k | €78k | €98k | €112k | €126k | ▲ 12.4% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Reserves13 | €29k | €53k | €73k | €87k | €101k | ▲ 16.0% |
| Non-distributable reserves130/1 | - | €1k | €1k | - | - | - |
| Reserves not available under the articles1311 | - | €1k | €1k | - | - | - |
| Distributable reserves133 | - | €52k | €71k | €87k | €101k | ▲ 16.0% |
| Amounts payable17/49 | €190k | €252k | €276k | €324k | €325k | ▲ 0.3% |
| Amounts payable after more than one year17 | €81k | €82k | €74k | €51k | €32k | ▼ 36.8% |
| Financial debts170/4 | - | €82k | €74k | €51k | €32k | ▼ 36.8% |
| Amounts payable within one year42/48 | €108k | €169k | €202k | €273k | €292k | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | - | €30k | €36k | €22k | €19k | ▼ 12.7% |
| Trade debts44 | €64k | €114k | €112k | €134k | €135k | ▲ 0.5% |
| Suppliers440/4 | - | €114k | €112k | €134k | €135k | ▲ 0.5% |
| Taxes, remuneration and social security45 | - | €25k | €55k | €117k | €138k | ▲ 18.5% |
| Taxes450/3 | - | €18k | €35k | €91k | €116k | ▲ 26.9% |
| Remuneration and social security454/9 | - | €7k | €19k | €25k | €22k | ▼ 12.0% |
| Other amounts payable47/48 | - | €68 | €95 | €194 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €467 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €24k | €19k | €14k | €14k | ▼ 3.2% |
| + Depreciation and write-downs630 | €24k | €43k | €37k | €38k | €22k | ▼ 43.5% |
| Operating cash flow (approximation) | €48k | €67k | €57k | €53k | €36k | ▼ 32.5% |
| Investment in fixed assets (approximation) | - | €-40k | €-34k | €-12k | €-26k | ▼ 119% |
| Change in cash | - | €64k | €-35k | €-2k | €28k | ▲ 1,635% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 227 days late
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 178 days late
2023
31-12
Financial
Equity above €100kEq €112k ▲14.7%
5 profitable years in a row build equity to €112k.
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 158 days late
2021
31-12
Financial
Highest result since 2019net €24k ▲1.9%
Net result €24k, the highest in the series.
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Kinrooi · 1 establishment unit since 2018
Ground area
3,675 m²
Building footprint
992 m²
Volume, LiDAR
5,461 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RDP
since 20182.281.881.052
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0032/00K033 | Flanders | 2,976 m² | 1 · 743 m² | 6.7 m · 2 fl. |
| 72017A0667/00N000 | Flanders | 699 m² | 1 · 249 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
DEKOVER
BE 0449.325.477
Geel · Eq €125,762
JET-ZONE
BE 0847.592.136
Kortrijk · Eq €127,196
AXIMET
BE 0458.891.954
Sint-Niklaas · Eq €125,233
PDP Construct
BE 0808.679.496
Wetteren · Eq €127,553
ALGEMENE METAALBOUW
BE 0457.453.879
Antwerpen · Eq €124,828
Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Scores and ratios are computed by Checked and are not a credit decision.