RF Projects
ActiveSummary
The computed 12-month bankruptcy probability of RF Projects is 11.3% (high). For RF Projects, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€27,667) and a net result of -€7,558. Equity is shrinking by about 61% per year across the filed financial years. The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 28 October 2026.
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result turns negative in 2023: a loss of €4,304 after €6,161 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,094 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,594 | €5,970 | €2,802 | €1,307 | €6,557 | €10,037 | ▲ 53.1% |
| Other operating charges640/8 | - | - | - | €1,045 | €1,601 | €1,271 | ▼ 20.6% |
| Gross operating margin9900 | €18,068 | €25,620 | -€8,122 | -€28,826 | €14,319 | €7,005 | ▼ 51.1% |
| Operating profit (loss)9901 | €10,248 | €18,734 | -€14,017 | -€31,178 | €6,161 | -€4,304 | - |
| Financial income75/76B | - | - | - | - | €241 | - | - |
| Recurring financial income75 | €107 | €834 | €24 | - | €241 | - | - |
| Financial charges65/66B | - | - | - | €2,494 | €5,971 | €3,254 | ▼ 45.5% |
| Recurring financial charges65 | €872 | €2,460 | €828 | €2,494 | €5,971 | €3,254 | ▼ 45.5% |
| Profit (loss) for the period before taxes9903 | €9,483 | €17,108 | -€14,820 | -€33,672 | €431 | -€7,558 | - |
| Income taxes67/77 | €2,609 | €4,356 | - | - | - | - | - |
| Profit (loss) for the period9904 | €6,873 | €12,752 | -€14,820 | -€33,672 | €431 | -€7,558 | - |
| Profit (loss) for the period to be appropriated9905 | €6,873 | €12,752 | -€14,820 | -€33,672 | €431 | -€7,558 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €30,573 | €50,738 | €28,880 | €9,117 | €58,741 | €40,229 | ▼ 31.5% |
| Fixed assets21/28 | €7,727 | €12,011 | €3,156 | €2,643 | €42,847 | €32,809 | ▼ 23.4% |
| Tangible fixed assets22/27 | €7,727 | €12,011 | €3,156 | €2,643 | €42,847 | €32,809 | ▼ 23.4% |
| Furniture and vehicles24 | - | - | - | €2,643 | €274 | €10 | ▼ 96.4% |
| Leasing and similar rights25 | - | - | - | - | €42,572 | €32,799 | ▼ 23.0% |
| Current assets29/58 | €22,846 | €38,727 | €25,723 | €6,474 | €15,894 | €7,419 | ▼ 53.3% |
| Amounts receivable within one year40/41 | €7,790 | €8,087 | €15,146 | €5,974 | €13,427 | €5,424 | ▼ 59.6% |
| Trade receivables40 | - | - | - | €4,543 | €8,343 | €4,543 | ▼ 45.5% |
| Other amounts receivable41 | - | - | - | €1,431 | €5,084 | €880 | ▼ 82.7% |
| Cash at bank and in hand54/58 | €15,055 | €30,600 | €10,561 | €413 | €2,432 | €287 | ▼ 88.2% |
| Deferred charges and accrued income490/1 | - | - | - | €86 | €35 | €1,709 | ▲ 49× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €30,573 | €50,738 | €28,880 | €9,117 | €58,741 | €40,229 | ▼ 31.5% |
| Equity10/15 | €16,824 | €27,952 | €13,132 | -€20,540 | -€20,109 | -€27,667 | ▼ 37.6% |
| Contributions10/11 | €12,000 | €12,000 | - | €12,000 | €12,000 | €12,000 | = |
| Reserves13 | €6,073 | €15,952 | €15,952 | €15,952 | €15,952 | €15,952 | = |
| Distributable reserves133 | - | - | - | €15,952 | €15,952 | €15,952 | = |
| Profit (loss) carried forward14 | -€1,249 | - | -€14,820 | -€48,492 | -€48,061 | -€55,619 | ▼ 15.7% |
| Amounts payable17/49 | €13,749 | €22,786 | €15,748 | €29,657 | €78,850 | €67,896 | ▼ 13.9% |
| Amounts payable after more than one year17 | - | €3,850 | - | - | €51,215 | €30,405 | ▼ 40.6% |
| Financial debts170/4 | - | - | - | - | €51,215 | €30,405 | ▼ 40.6% |
| Amounts payable within one year42/48 | €11,590 | €18,937 | €15,748 | €25,591 | €23,859 | €33,715 | ▲ 41.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €21,628 | €23,640 | ▲ 9.3% |
| Financial debts43 | - | - | - | €19,966 | - | - | - |
| Credit institutions430/8 | - | - | - | €19,966 | - | - | - |
| Trade debts44 | €2,058 | €346 | €6,367 | €2,309 | €2,231 | €5,635 | ▲ 153% |
| Suppliers440/4 | - | - | - | €2,309 | €2,231 | €5,635 | ▲ 153% |
| Taxes, remuneration and social security45 | - | - | - | €600 | - | €2,346 | - |
| Taxes450/3 | - | - | - | - | - | €216 | - |
| Remuneration and social security454/9 | - | - | - | €600 | - | €2,130 | - |
| Other amounts payable47/48 | - | - | - | €2,717 | - | €2,094 | - |
| Accrued charges and deferred income492/3 | - | - | - | €4,067 | €3,776 | €3,776 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,873 | €12,752 | -€14,820 | -€33,672 | €431 | -€7,558 | - |
| + Depreciation and write-downs630 | €6,594 | €5,970 | €2,802 | €1,307 | €6,557 | €10,037 | ▲ 53.1% |
| Operating cash flow (approximation) | €13,467 | €18,722 | -€12,018 | -€32,365 | €6,988 | €2,480 | ▼ 64.5% |
| Investment in fixed assets (approximation) | - | -€10,254 | €6,052 | -€793 | -€46,760 | €0 | - |
| Change in cash | - | €15,544 | -€20,039 | -€10,147 | €2,019 | -€2,145 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 03-06-2024 | 2024-00108247 |
| 31-12-2022 | micro format | 07-07-2023 | 2023-00217495 |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20066676 |
| 31-12-2020 | micro format | 24-06-2021 | 2021-27300306 |
| 31-12-2019 | micro format | 25-08-2020 | 2020-44300179 |
| 31-12-2018 | micro format | 12-06-2019 | 2019-17700159 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56700508 |
| 31-12-2016 | micro format | 09-08-2017 | 2017-42500080 |
| 31-12-2015 | abbreviated format | 04-07-2016 | 2016-26800045 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.