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RDS ENGINEERING

Active
Private limited companyfounded 2021active for 5 yearsOpaaigem 48, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0761.478.110
Summary

RDS ENGINEERING has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,320 and a net result of €26,552. Equity has been growing by about 23% per year since 2021. Its solvency ranks better than 36% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 12-01-2021 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
Establishment unit
2.311.863.158 9420 Erpe-Mere, since 12-01-2021
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Board and ownership

Board
  • De Schryver RubenDirector

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€43,051
▲ 51.3%
Turnover
≈ €130,000
estimated
Profit
€26,552
▲ 46.0%
Equity
€30,320
▼ 55.9%
Total assets
€78,042
▼ 18.4%
Score breakdownlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 1.59, cash €33,955Figures for financial year 2025 (filed on 15-06-2026)Size: total assets €78,042Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 64-33
equity 38.9% of total assets
Liquidity 79-17
short-term debt 43.9% · cash 43.5%
Profitability 100+7
return on assets 34.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.59 (5.24 in 2024), above the usual 1.5. Short-term debt is 43.9% and cash 43.5% of total assets. However, 61.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 71, micro). It does better than 37% of them on solvency, 68% on liquidity, 88% on profitability and 10% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 1.59, cash €33,955
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-06-2026)
NBB · annual accounts
lowers risk · Size: total assets €78,042
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
46 days early
2024
37 days early
2023
41 days early
2022
11 days early
2021
19 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 31 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 15-06-2026 at the NBB all 5 filings

Turnover
≈ €130,000
Estimated: probably between €85,000 and €180,000
Total assets
€78,042▼ 18.4%
2024 · €95,634
Net result
€26,552▲ 46.0%
2024 · €18,187
Working capital
€20,081▼ 65.9%
2024 · €58,849
Multi-year overview
2021 to 2025, 5 financial years
Operating result
€37,983
▲ 61.4% 2025
20212025
Net result
€26,552
▲ 46.0% 2025
middle half of the sector
20212025
Equity
€30,320
▼ 55.9% 2025
middle half of the sector
20212025
Total assets
€78,042
▼ 18.4% 2025
middle half of the sector
20212025
Debt
€47,722
▲ 77.6% 2025
20212025
Working capital
€20,081
▼ 65.9% 2025
middle half of the sector
20212025
Solvency
38.9%
▼ 33.1pp 2025
middle half of the sector
20212025
Current ratio
1.59
▼ 3.66 2025
middle half of the sector
20212025
Return on assets (ROA)
34.0%
▲ 15.0pp 2025
highest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€15,500-€42,056▲ 171%€8,269▼ 80.3%€23,533▲ 185%€37,983▲ 61.4%
Net result€12,001within the sector's middle half-€33,254within the sector's middle half▲ 177%€5,726within the sector's middle half▼ 82.8%€18,187within the sector's middle half▲ 218%€26,552within the sector's middle half▲ 46.0%
Equity€13,201below the sector's middle half-€45,655within the sector's middle half▲ 246%€50,581within the sector's middle half▲ 10.8%€68,768within the sector's middle half▲ 36.0%€30,320within the sector's middle half▼ 55.9%
Total assets€36,487below the sector's middle half-€80,014within the sector's middle half▲ 119%€84,566within the sector's middle half▲ 5.7%€95,634within the sector's middle half▲ 13.1%€78,042within the sector's middle half▼ 18.4%
Debt€23,287-€34,359▲ 47.5%€33,985▼ 1.1%€26,866▼ 20.9%€47,722▲ 77.6%
Working capital€16,219within the sector's middle half-€34,401within the sector's middle half▲ 112%€36,435within the sector's middle half▲ 5.9%€58,849within the sector's middle half▲ 61.5%€20,081within the sector's middle half▼ 65.9%
Solvency36.2%within the sector's middle half-57.1%within the sector's middle half▲ 20.9pp59.8%within the sector's middle half▲ 2.8pp71.9%within the sector's middle half▲ 12.1pp38.9%within the sector's middle half▼ 33.1pp
Current ratio2.58within the sector's middle half-2.62within the sector's middle half▲ 0.032.75within the sector's middle half▲ 0.135.24above the sector's middle half▲ 2.501.59within the sector's middle half▼ 3.66
Return on assets (ROA)32.9%above the sector's middle half-41.6%above the sector's middle half▲ 8.7pp6.8%within the sector's middle half▼ 34.8pp19.0%within the sector's middle half▲ 12.2pp34.0%above the sector's middle half▲ 15.0pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 61% higher than in 2024. It is the second rise in a row, after the fall in 2023.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,042
Fixed assets €23,722 ▲ 3.5%
Current assets €54,321 ▼ 25.3%
Equity and liabilities €78,042
Equity €30,320 ▼ 55.9%
Debt €47,722 ▲ 77.6%
Debt's share of the balance-sheet total rises from 28.1% to 61.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,507▲
2024 · €27,868
Cash flow
€31,077▲
2024 · €22,522
Debt to equity
1.57▲
2024 · 0.39
ROE
87.6%▲
2024 · 26.4%
Interest coverage
38.14▼
2024 · 55.64
Debt ≤ 1 year
€34,240▲
2024 · €13,866
Debt > 1 year
€13,000=
2024 · €13,000
Income taxes
€10,344▲
2024 · €5,356
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€10,914€17,229€7,181-€5,327
Depreciation and write-downs of the year€1,993€2,923€4,250€4,335€4,524

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€95,634€78,042▼
Fixed assets21/28€22,919€23,722▲
Tangible fixed assets22/27€22,919€23,722▲
Plant, machinery and equipment23€1,885€925▼
Furniture and vehicles24€1,677€6,170▲
Other tangible fixed assets26€19,357€16,627▼
Current assets29/58€72,715€54,321▼
Amounts receivable after more than one year29€10,900€0▼
Other amounts receivable291€10,900€0▼
Amounts receivable within one year40/41€24,444€20,163▼
Trade receivables40€20,522€18,006▼
Other amounts receivable41€3,922€2,156▼
Cash at bank and in hand54/58€37,199€33,955▼
Deferred charges and accrued income490/1€173€203▲
Equity and liabilities
Total equity and liabilities10/49€95,634€78,042▼
Equity10/15€68,768€30,320▼
Contributions10/11€2,000€2,000=
Reserves13€66,768€28,320▼
Tax-exempt reserves132€2,814€3,774▲
Distributable reserves133€63,954€24,546▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26,866€47,722▲
Amounts payable after more than one year17€13,000€13,000=
Financial debts170/4€13,000€13,000=
Amounts payable within one year42/48€13,866€34,240▲
Financial debts43€1,688€3,354▲
Credit institutions430/8€1,688€3,354▲
Trade debts44€524€1,097▲
Suppliers440/4€524€1,097▲
Taxes, remuneration and social security45€11,654€4,203▼
Taxes450/3€11,654€4,203▼
Other amounts payable47/48€0€25,586▲
Accrued charges and deferred income492/3€0€482▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,335€4,524▲
Other operating charges640/8€591€544▼
Gross operating margin9900€28,459€43,051▲
Operating profit (loss)9901€23,533€37,983▲
Financial income75/76B€510€27▼
Recurring financial income75€510€27▼
Financial charges65/66B€501€1,115▲
Recurring financial charges65€501€1,115▲
Profit (loss) for the period before taxes9903€23,543€36,896▲
Income taxes67/77€5,356€10,344▲
Profit (loss) for the period9904€18,187€26,552▲
Transfer to tax-exempt reserves689€960€960=
Profit (loss) for the period to be appropriated9905€17,227€25,592▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,227€25,592▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€60,000
Transfer to equity691/2€17,227€20,592▲
To other reserves6921€17,227€20,592▲
Profit to be distributed694/7€0€65,000▲
Return on contributions (dividend)694€0€65,000▲

The notes to these accounts have 7 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.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,993€2,923€4,250€4,335€4,524▲ 4.4%
Other operating charges640/8--€132€591€544▼ 8.0%
Gross operating margin9900€17,493€44,979€12,651€28,459€43,051▲ 51.3%
Operating profit (loss)9901€15,500€42,056€8,269€23,533€37,983▲ 61.4%
Financial income75/76B-€77€308€510€27▼ 94.6%
Recurring financial income75-€77€308€510€27▼ 94.6%
Financial charges65/66B€204€489€550€501€1,115▲ 123%
Recurring financial charges65€204€489€550€501€1,115▲ 123%
Profit (loss) for the period before taxes9903€15,295€41,644€8,028€23,543€36,896▲ 56.7%
Income taxes67/77€3,295€8,390€2,302€5,356€10,344▲ 93.1%
Profit (loss) for the period9904€12,001€33,254€5,726€18,187€26,552▲ 46.0%
Transfer to tax-exempt reserves689-€893€960€960€960=
Profit (loss) for the period to be appropriated9905€12,001€32,361€4,766€17,227€25,592▲ 48.6%
Line20212022202320242025Change
Assets
Total assets20/58€36,487€80,014€84,566€95,634€78,042▼ 18.4%
Fixed assets21/28€10,017€24,323€27,253€22,919€23,722▲ 3.5%
Tangible fixed assets22/27€10,017€24,323€27,253€22,919€23,722▲ 3.5%
Plant, machinery and equipment23-€3,806€2,845€1,885€925▼ 50.9%
Furniture and vehicles24€752€2,966€2,321€1,677€6,170▲ 268%
Other tangible fixed assets26€9,265€17,552€22,087€19,357€16,627▼ 14.1%
Current assets29/58€26,470€55,691€57,312€72,715€54,321▼ 25.3%
Amounts receivable after more than one year29-€10,900€10,900€10,900€0▼ 100%
Other amounts receivable291-€10,900€10,900€10,900€0▼ 100%
Amounts receivable within one year40/41€6,494€21,146€17,428€24,444€20,163▼ 17.5%
Trade receivables40€6,274€20,724€17,424€20,522€18,006▼ 12.3%
Other amounts receivable41€220€422€4€3,922€2,156▼ 45.0%
Cash at bank and in hand54/58€19,497€23,166€28,315€37,199€33,955▼ 8.7%
Deferred charges and accrued income490/1€479€479€670€173€203▲ 17.4%
Equity and liabilities
Total equity and liabilities10/49€36,487€80,014€84,566€95,634€78,042▼ 18.4%
Equity10/15€13,201€45,655€50,581€68,768€30,320▼ 55.9%
Contributions10/11€2,000€2,000€2,000€2,000€2,000=
Reserves13€11,200€43,653€48,581€66,768€28,320▼ 57.6%
Tax-exempt reserves132-€893€1,854€2,814€3,774▲ 34.1%
Distributable reserves133€11,200€42,760€46,727€63,954€24,546▼ 61.6%
Profit (loss) carried forward14€1€2€0€0€0-
Amounts payable17/49€23,287€34,359€33,985€26,866€47,722▲ 77.6%
Amounts payable after more than one year17€13,000€13,000€13,000€13,000€13,000=
Financial debts170/4€13,000€13,000€13,000€13,000€13,000=
Amounts payable within one year42/48€10,251€21,290€20,878€13,866€34,240▲ 147%
Financial debts43---€1,688€3,354▲ 98.7%
Credit institutions430/8---€1,688€3,354▲ 98.7%
Trade debts44€1,676€859€1,065€524€1,097▲ 109%
Suppliers440/4€1,676€859€1,065€524€1,097▲ 109%
Taxes, remuneration and social security45€6,689€16,672€17,380€11,654€4,203▼ 63.9%
Taxes450/3€6,689€16,672€17,380€11,654€4,203▼ 63.9%
Other amounts payable47/48€1,886€3,759€2,433€0€25,586-
Accrued charges and deferred income492/3€36€69€107€0€482-
Line20212022202320242025Change
Profit (loss) for the period9904€12,001€33,254€5,726€18,187€26,552▲ 46.0%
+ Depreciation and write-downs630€1,993€2,923€4,250€4,335€4,524▲ 4.4%
Operating cash flow (approximation)€13,994€36,178€9,976€22,522€31,077▲ 38.0%
Investment in fixed assets (approximation)--€17,229-€7,181€0-€5,327-
Change in cash-€3,669€5,148€8,884-€3,244-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 26,972 companies had the same profile as RDS ENGINEERING has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
94.9% was still going
3.4% stopped otherwise
1.6% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of RDS ENGINEERING itself is lower: < 0.1% within 12 months. It rests on far more data about RDS ENGINEERING than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for RDS ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 15-06-2026 2026-00160310 PDF
31-12-2024 micro format 24-06-2025 2025-00168313 PDF
31-12-2023 micro format 20-06-2024 2024-00143389 PDF
31-12-2022 micro format 20-07-2023 2023-00254670 PDF
31-12-2021 micro format 12-07-2022 2022-20174603 PDF

Board & ownership

Directors

Directors
1 director
De Schryver Ruben
Director · listed in the 2025 annual accounts, filed on 15-06-2026
Current

Owners and capital

Network & group

RDS ENGINEERING shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of RDS ENGINEERING. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
15-06
NBB filing Annual accounts 2025 filedNBB
micro format · 46 days before the deadline
2025
24-06
NBB filing Annual accounts 2024 filedPDF
micro format · 37 days before the deadline
2024
20-06
NBB filing Annual accounts 2023 filedPDF
micro format · 41 days before the deadline
2023
31-12
Financial Weakest financial yearnet €5,726 ▼82.8%
The net result drops to €5,726, the lowest from 2021 to 2025. It recovers the following year.
20-07
NBB filing Annual accounts 2022 filedPDF
micro format · 11 days before the deadline
2022
31-12
Financial Highest result from 2021 to 2025net €33,254 ▲177%
The operating result of €42,056 and the net result of €33,254 are both a record.
12-07
NBB filing Annual accounts 2021 filedPDF
micro format · 19 days before the deadline
2021
14-01
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

RDS ENGINEERING was incorporated on 12 January 2021 as a private limited company.1 Total assets rose from €36,487 in 2021 to €78,042 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Company details

Register details

Identity

KBO record
Name RDS ENGINEERING in Dutch
Enterprise number 0761.478.110
Legal form Private limited company
Status Active, normale toestand
Founded 12-01-2021
Entity type Legal entity

Registered office and establishments

Registered office Opaaigem 48, 9420 Erpe-Mere, Belgium
Establishment unit RDS ENGINEERING, Opaaigem 48, 9420 Erpe-Mere since 12-01-2021 · unit number 2.311.863.158

Activities

NACEBEL 2025
71121 Engineering and related technical consultancy, excluding land surveyors main activity
82990 Other business support services
Codes under NACEBEL 2008
71121 Engineering activities main activity
82990 Other business support services

Invoicing and payment

VAT number BE 0761.478.110
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0761478110
Other Peppol ID 9925:BE0761478110
Registered 30-01-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
483 m²
Building footprint
92 m²
Building volume
585 m³
Cadastral parcel Region Area Buildings Height / floors
41001B0139/00H000 Flanders 483 m² 1 · 92 m² 10.8 m · 3