Active BE 0687.804.333Private limited company

RDS-CONSTRUCT

Gentsesteenweg 203 ·2800 Mechelen, Belgium· 8 yrs active

Sector: Algemene bouw van residentiële gebouwen (41001)

Conclusion Checked

The computed 12-month bankruptcy probability of RDS-CONSTRUCT is 0.9% (low). The 2024 annual accounts show equity of €1.16M and a net result of €139k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 42% of 333 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€1.16M
Net result	€139k
Staff (FTE)	20.7
Better than sector	42%

Snowflake analysis 5 of 5 axes measured · computed by Checked

67 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 66

Profitability 60

Solvency 31

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.9% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: healthy financial profile −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

66 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 26-05-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~21%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	18.6%	24.2%	better than 42% of 333 sector peers
Net result	€139k	€16k	better than 87% of 333 sector peers
Equity	€1.16M	€73k	better than 94% of 333 sector peers
Gross operating margin	€1.94M	€81k	better than 95% of 333 sector peers
Staff costs	€1.29M	€140k	higher than 95% of 155 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€646k

+81.3% 19-24

Net profit

€139k

+1111.0% 19-24

Cash flow

€398k

+51.9% 19-24

Total assets

€6.21M

+4.7% 19-24

Equity

€1.16M

+13.6% 19-24

Working capital

€1.08M

+139.0% 19-24

Employees (FTE)

21

-9.2% 19-24

Staff costs

€1.29M

-7.0% 19-24

Income taxes

€72k

+558.4% 19-24

Debt

€5.06M

+2.9% 19-24

Debt ≤ 1y

€3.04M

-4.3% 19-24

Debt > 1y

€1.72M

+3.5% 19-24

Current ratio

1.35

+18.6% 19-24

Quick ratio

0.33

-26.1% 19-24

Solvency

18.6%

+8.5% 19-24

Debt / equity

4.37

-9.4% 19-24

ROE

12.0%

+965.9% 19-24

ROA

2.2%

+1056.3% 19-24

Interest coverage

3.66

-13.7% 19-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€646k
Net profit	€139k
Cash flow	€398k
Staff costs	€1.29M
Income taxes	€72k
Dividends	-
Total assets	€6.21M
Equity	€1.16M
Debt	€5.06M
of which ≤ 1y	€3.04M
of which > 1y	€1.72M
Working capital	€1.08M
Employees (FTE)	20.7

Ratios (computed)

	2024
Current ratio	1.35
Quick ratio	0.33
Working capital ratio	17.3%
Solvency	18.6%
Debt / equity	4.37
Long-term debt ratio	1.49
Interest coverage	3.66
Gross margin	-
Net margin	-
ROA	2.2%
ROE	12.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2.09M · 33.7% Current assets €4.12M · 66.3%

Equity & liabilities

Equity €1.16M · 18.6% Debt €5.06M · 81.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€6.21M
Fixed assets	21/28	€2.09M
Tangible fixed assets	22/27	€2.00M
Financial fixed assets	28	€91k
Current assets	29/58	€4.12M
Stocks & contracts in progress	3	€3.10M
Amounts receivable within one year	40/41	€257k
Cash & bank	54/58	€740k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€6.21M
Equity	10/15	€1.16M
Contributions / capital	10/11	€312k
Reserves	13	€787k
Accumulated profits (losses)	14	€59k
Amounts payable	17/49	€5.06M
Amounts payable after one year	17	€1.72M
Amounts payable within one year	42/48	€3.04M
Trade debts payable within one year	44	€637k
Income statement
Gross operating margin	9900	€1.94M
Operating result	9901	€386k
Financial income	75	€2k
Financial charges	65	€177k
Result before taxes	9903	€211k
Income taxes	67/77	€72k
Net result for the period	9904	€139k
Result to be appropriated	9905	€139k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Algemene bouw van residentiële gebouwen(41001)
Legal form	Private limited company(610)
Incorporation	11-01-2018
Status	Active
Postal code	2800

Establishment units 1 location

RDS-CONSTRUCT

Gentsesteenweg 203, 2800 MechelenProjectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken

since 20182.272.272.708

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12404G0323/00N003	Flanders	1,336 m²	1 · 461 m²	14.3 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

26-05-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

24-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

02-06-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

28-06-2022

State Gazette act Director changes

Katrien Honinckx

16-06-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

19-06-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

2020

01-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 4 years ago

2022

28-06-2022 Change in the board of directors Director changes·Katrien Honinckx

Notary: Katrien Honinckx · Mechelen

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201

Primary activity highlighted.

Names & trade names

Legal nameNL

RDS-CONSTRUCT

Registered office

Gentsesteenweg 203

2800 Mechelen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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