RDW Group

Active

Private limited companyfounded 20215 yrs activeRinglaan 17, 2960 Brecht, BelgiumKBO/BCE: BE 0764.469.371

The computed 12-month bankruptcy probability of RDW Group is 2.2% (moderate). The 2025 annual accounts show equity of €9k and a net result of €92. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 12% of 27446 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

36 / 100

Weak▼ -12 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability5▼-95

Solvency14▲+3

Growth52=

Stability94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity short (current ratio 0.92 against 0.89 in 2024), and 93.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

6.4%

Return on assets

0.1%

Age of the figures

12 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27446 sector peers (2025).

NBB · sector comparison

Position among 27446 sector peers

Solvency

better than 12%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

8 d early

2024

on the day

2023

20 d early

2022

6 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€9k▲ 1.1%

2024 · €9k

2022: €5k 2023: €6k 2024: €9k

2022 → 2025

Total assets

€138k▼ 36.9%

2024 · €219k

2022: €294k 2023: €326k 2024: €219k

2022 → 2025

Net result

€92▼ 96.3%

2024 · €3k

2022: €86k 2023: €38k 2024: €3k

2022 → 2025

Working capital

€-11k▲ 55.5%

2024 · €-24k

2022: €51k 2023: €-18k 2024: €-24k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€5k-€6k▲ 17.8%€9k▲ 40.8%€9k▲ 1.1%

Operating result€91k-€41k▼ 55.0%€5k▼ 87.8%€2k▼ 50.5%

Net result€86k-€38k▼ 55.2%€3k▼ 93.4%€92▼ 96.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 50% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €138k

14.1%

85.9%

Fixed assets €19k▼ 40.4%

Current assets €119k▼ 36.3%

Equity and liabilities €138k

93.6%

Equity €9k▲ 1.1%

Debt €129k▼ 38.5%

The debt ratio falls from 96.0% to 93.6%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€7k▼

2024 · €15k

Cash flow

€4k▼

2024 · €12k

Solvency

6.4%▲

2024 · 4.0%

Current ratio

0.92▲

2024 · 0.89

Quick ratio

0.92▲

2024 · 0.86

Debt / equity

14.72▼

2024 · 24.17

ROE

1.0%▼

2024 · 29.0%

ROA

0.1%▼

2024 · 1.2%

Interest coverage

2.68▼

2024 · 4.42

Debt

€129k▼

2024 · €210k

Debt ≤ 1 year

€129k▼

2024 · €210k

Income taxes

€166▼

2024 · €2k

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€219k€138k▼

Fixed assets21/28€33k€19k▼

Tangible fixed assets22/27€28k€16k▼

Plant, machinery and equipment23€12k€1k▼

Furniture and vehicles24€4k€4k▼

Other tangible fixed assets26€12k€11k▼

Financial fixed assets28€5k€4k▼

Current assets29/58€186k€119k▼

Stocks and contracts in progress3€7k-

Stocks30/36€7k-

Amounts receivable within one year40/41€118k€104k▼

Trade receivables40€103k€98k▼

Other amounts receivable41€14k€5k▼

Cash at bank and in hand54/58€53k€10k▼

Deferred charges and accrued income490/1€9k€5k▼

Equity and liabilities

Total equity and liabilities10/49€219k€138k▼

Equity10/15€9k€9k▲

Contributions10/11€3k€3k=

Reserves13€6k€6k▲

Distributable reserves133€6k€6k▲

Amounts payable17/49€210k€129k▼

Amounts payable within one year42/48€210k€129k▼

Trade debts44€206k€124k▼

Suppliers440/4€206k€124k▼

Taxes, remuneration and social security45€2k€2k▼

Taxes450/3€2k€2k▼

Other amounts payable47/48€2k€3k▲

Income statement Code20242025

Non-recurring operating income76A-€4k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€4k▼

Other operating charges640/8€792€854▲

Gross operating margin9900€16k€7k▼

Operating profit (loss)9901€5k€2k▼

Financial income75/76B€3k€236▼

Recurring financial income75€3k€236▼

Financial charges65/66B€3k€2k▼

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€4k€258▼

Income taxes67/77€2k€166▼

Profit (loss) for the period9904€3k€92▼

Profit (loss) for the period to be appropriated9905€3k€92▼

Appropriation of the result

Profit (loss) to be appropriated9906€3k€92▼

Transfer to equity691/2€3k€92▼

To other reserves6921€3k€92▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 30-04-2027

2026

22-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Weakest financial yearnet €92 ▼96.3%

Net result drops to €92, the lowest in the series.

30-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

10-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

24-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

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, Brecht · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Ringlaan 172960 Brecht

Ground area

6,368 m²

Building footprint

2,054 m²

Volume, LiDAR

4 m³

Parcel 11333D0783/00M002, Flanders · tallest building 0.6 m. Linked by address, not a title deed.

1 establishment unit

RDW Group

Ringlaan 17, 2960 BrechtManufacture of other builders' carpentry and joinery

since 20212.314.069.810

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11333D0783/00M002	Flanders	6,368 m²	1 · 2,054 m²	0.6 m

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.

Similar companies · same sector, comparable size

Of 8,558 companies in sector 43410 we hold annual accounts for 4,350. 2,112 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-03-2021

Fiscal year end30-09

Activities, NACEBEL

43410Roofing work

43994Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.