Equity
€75,818 from €256,571 in 2019
Equity fell by 70% in 6 years.
RF PROJECTS
Lifetime
13 annual accounts with figures on one time axispeak €90,575 (2025)
€90,575▲ 56.9%
peak €190,853 (2016)
€22,110▲ 901%
peak €256,571 (2019)
€75,818▲ 13.3%
€466,295▲ 10.0%
peak 0.4 FTE (2014)
-not published
Board1 name since 2012
1 director
Documentsfilings and deeds
27-02-202662 days before the deadline
2025micro format
Gross margin from €57,742 to €90,575Result from €2,209 to €22,110Dividend €8,010Equity from €66,918 to €75,818Investments €117,674Cash from €71,719 to €21,353
Key points
from the 2025 annual accountsTurnover
≈ €350,000 estimated
The micro format states no turnover.
Debts
€466,295 86% of the balance sheet
Financial debts 71%Suppliers 0%Taxes and wages 1%Other 28%
Of this, €133,185 falls due within a year.
Investments
€117,674 6.9 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 23.2% higher than in 2024.
Filings
13 annual accounts since 2013
The last five annual accounts were filed 45 to 65 days before the end of the period.
Position in the sector
14.0%
Lower solvency than 82% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as RF PROJECTS has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,107 companies, not a prediction for RF PROJECTS. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0508724022
Change of role: , from manager to director
Director discharge: · General meeting of 06-04-2022 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Ingelmunster
Registered office moved within Waregem
New registered office: Driesstraat 13, 8790 Waregem · Previous registered office: Galgewegel 42, 8790 Waregem · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RF PROJECTS Waregem | €542,114 | €90,575 | 14.0% | - |
| CIJO Veurne | €491,062 | €91,998 | 21.9% | - |
| DPW-SOLUTION Harelbeke | €520,633 | €110,825 | 23.9% | - |
| Elektriciteit Neyens Gistel | €591,256 | €97,557 | 52.8% | - |
| DERUYTTER CARL Poperinge | €627,880 | €75,008 | 51.9% | - |
| JVS-TECHNICS Oostkamp | €511,119 | €87,591 | 57.2% | - |
| KDK SOLUTIONS Dendermonde | €572,068 | €87,321 | 50.5% | - |
These companies have the same main activity as RF PROJECTS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €491,000 and €628,000, founded between 2010 and 2015.
Official details
Source: KBO- Status
- Active since 26-12-2012Normal situation
- Activity
- General electrical installation workNACE 43211and 6 others
- Establishment unit
- 2.215.640.5448790 Waregem, since 15-01-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 30-10-2023
Annual accounts to 30-09-2025
- €542,114▲ 10.5%
- Filing
- Filed on 27-02-2026, 62 days before the end of the filing period
Insights on RF PROJECTS
RF PROJECTS files the micro format. That format states no turnover. The gross margin rose from €51,694 in 2013 to €90,575 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RF PROJECTS
- What is the company number of RF PROJECTS?
- The company number of RF PROJECTS is 0508.724.022. The VAT number is the same number with BE in front: BE 0508.724.022.
- Where is RF PROJECTS based?
- The registered office is at Driesstraat 13, 8790 Waregem.Company details
- What does RF PROJECTS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of RF PROJECTS?
- RF PROJECTS is a private limited company (BV).
- When was RF PROJECTS founded?
- RF PROJECTS was founded on 26-12-2012.
- Is RF PROJECTS still active?
- Yes, RF PROJECTS is an active enterprise in the KBO register.
- What is the turnover of RF PROJECTS?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €90,575 and 40 comparable companies (NACE 43211). It probably lies between €220,000 and €560,000.Financials
- Is RF PROJECTS profitable?
- In financial year 2025, RF PROJECTS made a profit of €22,110.
- Where can I find the annual accounts of RF PROJECTS?
- RF PROJECTS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RF PROJECTS due?
- RF PROJECTS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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