Res'O
ActiveSummary
Res'O has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-476) and a net result of €-26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency23▼-42
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 1.44 in 2024; short-term debt: 99.3% and cash: 58.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025Solvency, return and age of the figures
Solvency
-1.7%
Return on assets
-96%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-476
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 d early
2024
19 d early
2023
26 d early
2022
38 d early
2021
4 d early
2020
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-476
2024 · €26k
2020: €-4k
2021: €-23k▼ -472% vs 2020lowest in 6 years
2022: €-16k▲ +31.2% vs 2021
2023: €9k▲ +154% vs 2022
2024: €26k▲ +197% vs 2023highest in 6 years
2025: €-476▼ -102% vs 2024
2020 → 2025
Total assets
€27k▼ 57.0%
2024 · €64k
2020: €9k
2021: €5k▼ -43.1% vs 2020lowest in 6 years
2022: €43k▲ +741% vs 2021
2023: €38k▼ -11.0% vs 2022
2024: €64k▲ +65.8% vs 2023highest in 6 years
2025: €27k▼ -57.0% vs 2024
2020 → 2025
Net result
€-26k
2024 · €17k
2020: €-10k
2021: €-19k▼ -86.5% vs 2020
2022: €7k▲ +138% vs 2021
2023: €25k▲ +241% vs 2022highest in 6 years
2024: €17k▼ -30.5% vs 2023
2025: €-26k▼ -253% vs 2024lowest in 6 years
2020 → 2025
Working capital
€-8k
2024 · €16k
2020: €-7k
2021: €-25k▼ -281% vs 2020
2022: €-52k▼ -108% vs 2021lowest in 6 years
2023: €9k▲ +117% vs 2022
2024: €16k▲ +90.3% vs 2023highest in 6 years
2025: €-8k▼ -152% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€-16k▲ 31.2%€9k€26k▲ 197%€-476
2021: €-23klowest in 5 years
2022: €-16k▲ +31.2% vs 2021
2023: €9k▲ +154% vs 2022
2024: €26k▲ +197% vs 2023highest in 5 years
2025: €-476▼ -102% vs 2024
Operating result€-19k-€8k€26k▲ 242%€25k▼ 3.9%€-26k
2021: €-19k
2022: €8k▲ +140% vs 2021
2023: €26k▲ +242% vs 2022highest in 5 years
2024: €25k▼ -3.9% vs 2023
2025: €-26k▼ -204% vs 2024lowest in 5 years
Net result€-19k-€7k€25k▲ 241%€17k▼ 30.5%€-26k
2021: €-19k
2022: €7k▲ +138% vs 2021
2023: €25k▲ +241% vs 2022highest in 5 years
2024: €17k▼ -30.5% vs 2023
2025: €-26k▼ -253% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €25k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€9k ▼ 13.4%
Current assets
€19k ▼ 65.2%
Key figures and ratios
EBITDA
€-22k▼
2024 · €26k
Cash flow
€-22k▼
2024 · €18k
Solvency
-1.7%▼
2024 · 40.5%
Current ratio
0.69▼
2024 · 1.44
ROA
-96.0%▼
2024 · 26.9%
Interest coverage
-88.48▼
2024 · 106.00
Debt
€28k▼
2024 · €38k
Debt ≤ 1 year
€27k▼
2024 · €37k
Income taxes
€178▼
2024 · €7k
Equity ratios withheld: equity of €-476 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€64k€27k▼
Fixed assets21/28€10k€9k▼
Tangible fixed assets22/27€10k€9k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€10k€7k▼
Current assets29/58€54k€19k▼
Amounts receivable within one year40/41€0€1k▲
Trade receivables40€0-
Other amounts receivable41-€1k
Cash at bank and in hand54/58€52k€16k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€64k€27k▼
Equity10/15€26k€-476▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€20k€-7k▼
Amounts payable17/49€38k€28k▼
Amounts payable within one year42/48€37k€27k▼
Trade debts44€2k€189▼
Suppliers440/4€2k€189▼
Taxes, remuneration and social security45€12k€178▼
Taxes450/3€12k€178▼
Other amounts payable47/48€24k€27k▲
Accrued charges and deferred income492/3€649€665▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€697€505▼
Gross operating margin9900€27k€-22k▼
Operating profit (loss)9901€25k€-26k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€245€249▲
Recurring financial charges65€245€249▲
Profit (loss) for the period before taxes9903€25k€-26k▼
Income taxes67/77€7k€178▼
Profit (loss) for the period9904€17k€-26k▼
Profit (loss) for the period to be appropriated9905€17k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-7k▼
Profit (loss) brought forward from the previous period14P€2k€20k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €766 | €2k | €766 | €1k | €4k | ▲ 241% |
| Other operating charges640/8 | €175 | €658 | €2k | €697 | €505 | ▼ 27.6% |
| Gross operating margin9900 | €-18k | €10k | €29k | €27k | €-22k | ▼ 181% |
| Operating profit (loss)9901 | €-19k | €8k | €26k | €25k | €-26k | ▼ 204% |
| Financial income75/76B | €0 | - | €10 | €0 | €0 | ▲ 3,100% |
| Recurring financial income75 | €0 | - | €10 | €0 | €0 | ▲ 3,100% |
| Financial charges65/66B | €163 | €248 | €243 | €245 | €249 | ▲ 1.7% |
| Recurring financial charges65 | €163 | €248 | €243 | €245 | €249 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €-19k | €7k | €26k | €25k | €-26k | ▼ 206% |
| Income taxes67/77 | €104 | €96 | €1k | €7k | €178 | ▼ 97.6% |
| Profit (loss) for the period9904 | €-19k | €7k | €25k | €17k | €-26k | ▼ 253% |
| Profit (loss) for the period to be appropriated9905 | €-19k | €7k | €25k | €17k | €-26k | ▼ 253% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5k | €43k | €38k | €64k | €27k | ▼ 57.0% |
| Fixed assets21/28 | €2k | €36k | €666 | €10k | €9k | ▼ 13.4% |
| Tangible fixed assets22/27 | €2k | €36k | €666 | €10k | €9k | ▼ 13.4% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | €2k | €36k | €666 | €10k | €7k | ▼ 34.8% |
| Current assets29/58 | €3k | €7k | €38k | €54k | €19k | ▼ 65.2% |
| Amounts receivable within one year40/41 | €1k | €0 | €682 | €0 | €1k | - |
| Trade receivables40 | - | - | €682 | €0 | - | - |
| Other amounts receivable41 | €1k | €0 | - | - | €1k | - |
| Cash at bank and in hand54/58 | €291 | €6k | €36k | €52k | €16k | ▼ 69.5% |
| Deferred charges and accrued income490/1 | €1k | €1k | €905 | €1k | €1k | ▲ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5k | €43k | €38k | €64k | €27k | ▼ 57.0% |
| Equity10/15 | €-23k | €-16k | €9k | €26k | €-476 | ▼ 102% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-29k | €-22k | €2k | €20k | €-7k | ▼ 134% |
| Amounts payable17/49 | €28k | €59k | €30k | €38k | €28k | ▼ 26.5% |
| Amounts payable within one year42/48 | €28k | €59k | €29k | €37k | €27k | ▼ 27.0% |
| Trade debts44 | €103 | €2k | €2k | €2k | €189 | ▼ 87.9% |
| Suppliers440/4 | €103 | €2k | €2k | €2k | €189 | ▼ 87.9% |
| Taxes, remuneration and social security45 | €104 | €626 | €3k | €12k | €178 | ▼ 98.5% |
| Taxes450/3 | €104 | €626 | €3k | €12k | €178 | ▼ 98.5% |
| Other amounts payable47/48 | €28k | €56k | €24k | €24k | €27k | ▲ 13.8% |
| Accrued charges and deferred income492/3 | €457 | €368 | €623 | €649 | €665 | ▲ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-19k | €7k | €25k | €17k | €-26k | ▼ 253% |
| + Depreciation and write-downs630 | €766 | €2k | €766 | €1k | €4k | ▲ 241% |
| Operating cash flow (approximation) | €-18k | €9k | €25k | €18k | €-22k | ▼ 223% |
| Investment in fixed assets (approximation) | - | €-36k | €35k | €-10k | €-2k | ▲ 76.3% |
| Change in cash | - | €6k | €30k | €16k | €-36k | ▼ 325% |
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
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2020net €25k ▲241%
Operating result €26k, net result €25k, both a record.
30-09
Financial
Liquidity times 11current ratio 1.30
Current ratio from 0.12 to 1.30; short-term debt falls from €59k to €29k.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2019
Ground area
168 m²
Building footprint
48 m²
Volume, LiDAR
494 m³
Parcel 23088A0181/00Z003, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ooievaarstraat 12, 1800 Vilvoorde
since 20192.293.152.452
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23088A0181/00Z003 | Flanders | 168 m² | 1 · 48 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
MS PROPERTY
BE 0765.729.579
Elsene · Eq €25,785
ADVIESBUREAU MARTIN PATRIK
BE 0812.213.959
Berlaar · Eq €25,820
R.B.A. Promotions
BE 0794.668.639
Frameries · Eq €25,829
LP COM
BE 0775.471.646
Aywaille · Eq €25,838
NATURIMMO
BE 0841.592.586
Vielsalm · Eq €25,861
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,350 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
Founded14-08-2019
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
71112Activities of interior architects
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.