RDS
ActiveRDS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €-19k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency77▼-19
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.44 in 2024), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
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
1819202122232425
2018 to 2025 · latest year -€19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
34 d early
2023
5 d early
2022
31 d late
2021
30 d late
2020
30 d late
2019
28 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€147k▼ 11.6%
2024 · €166k
2018: €92k
2019: €114k
2020: €130k
2021: €136k
2022: €171k
2023: €177k
2024: €166k
2018 → 2025
Total assets
€387k▲ 18.2%
2024 · €327k
2018: €169k
2019: €192k
2020: €226k
2021: €464k
2022: €421k
2023: €497k
2024: €327k
2018 → 2025
Net result
€-19k▼ 73.1%
2024 · €-11k
2018: €47k
2019: €22k
2020: €17k
2021: €5k
2022: €36k
2023: €20k
2024: €-11k
2018 → 2025
Working capital
€148k▼ 1.6%
2024 · €150k
2018: €89k
2019: €119k
2020: €102k
2021: €89k
2022: €122k
2023: €169k
2024: €150k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€171k▲ 26.1%€177k▲ 3.6%€166k▼ 6.3%€147k▼ 11.6%
Operating result€15k-€58k▲ 287%€40k▼ 32.0%€-4k€-15k▼ 240%
Net result€5k-€36k▲ 562%€20k▼ 43.2%€-11k€-19k▼ 73.1%
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 stays negative: a loss of €15k in 2025 against €4k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387k
Fixed assets
€54k▼ 26.6%
Current assets
€333k▲ 31.1%
Equity and liabilities €387k
Equity
€147k▼ 11.6%
Debt
€240k▲ 49.0%
The debt ratio rises from 49.2% to 62.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€7k▼
2024 · €37k
Cash flow
€2k▼
2024 · €30k
Solvency
38.0%▼
2024 · 50.8%
Current ratio
1.80▼
2024 · 2.44
Quick ratio
1.77▼
2024 · 2.39
Debt / equity
1.63▲
2024 · 0.97
ROE
-13.1%▼
2024 · -6.7%
ROA
-5.0%▼
2024 · -3.4%
Interest coverage
1.60▼
2024 · 7.00
Debt
€240k▲
2024 · €161k
Debt ≤ 1 year
€186k▲
2024 · €104k
Debt > 1 year
€54k▼
2024 · €57k
Income taxes
€322▼
2024 · €2k
Staff costs
€103k▼
2024 · €109k
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€327k€387k▲
Fixed assets21/28€73k€54k▼
Tangible fixed assets22/27€73k€54k▼
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€66k€51k▼
Current assets29/58€254k€333k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€187k€295k▲
Trade receivables40€24k€68k▲
Other amounts receivable41€163k€227k▲
Cash at bank and in hand54/58€34k€33k▼
Deferred charges and accrued income490/1€28k-
Equity and liabilities
Total equity and liabilities10/49€327k€387k▲
Equity10/15€166k€147k▼
Contributions10/11€6k€6k=
Reserves13€160k€141k▼
Distributable reserves133€160k€141k▼
Amounts payable17/49€161k€240k▲
Amounts payable after more than one year17€57k€54k▼
Financial debts170/4€57k€54k▼
Amounts payable within one year42/48€104k€186k▲
Current portion of amounts payable after more than one year42€65k€41k▼
Trade debts44€34k€141k▲
Suppliers440/4€34k€141k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€2k-
Remuneration and social security454/9€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€109k€103k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€22k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€149k€112k▼
Operating profit (loss)9901€-4k€-15k▼
Financial income75/76B€260€57▼
Recurring financial income75€260€57▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-9k€-19k▼
Income taxes67/77€2k€322▼
Profit (loss) for the period9904€-11k€-19k▼
Profit (loss) for the period to be appropriated9905€-11k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€-19k▼
Profit (loss) brought forward from the previous period14P€47k-
Transfer from equity791/2-€19k
Transfer to equity691/2€36k-
To other reserves6921€36k-
Social balance
Average headcount (FTE)90872.22.2=
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €150kEq €171k ▲26.1%
5 profitable years in a row build equity to €171k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Equity above €100kEq €114k ▲23.4%
2 profitable years in a row build equity to €114k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Putte · 1 establishment unit since 2016
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.
Mechelbaan 6982580 PutteGround area
689 m²
Building footprint
164 m²
Volume, LiDAR
958 m³
Parcel 12429D0114/00A002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RDS
since 20162.255.967.107
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12429D0114/00A002 | Flanders | 689 m² | 1 · 164 m² | 8.7 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
2022 to 2023 · 2 entries · 670 EUR awarded · 670 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 170 EUR | 170 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
D - Invest Mol
BE 0466.103.410
Mol · Eq €147k
POORTEN VEREECKE
BE 0734.925.250
Oudenburg · Eq €147k
S.H.O. - EQUINOX
BE 0408.123.045
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Group Renovabel
BE 0841.033.847
Schaarbeek · Eq €147k
LES NOUVEAUX BATISSEURS
BE 0730.761.376
Sint-Genesius-Rode · Eq €147k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,597 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-2016
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.