RFG Advisory
ActiveRFG Advisory has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €389k and a net result of €132k. Equity is growing by ~61% per year across the filed fiscal years. Its solvency ranks better than 84% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 6.88 against 9.56 in 2024; short-term debt: 13.7% and cash: 48.4% of total assets), and 13.7% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.3%
Return on assets
29.3%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
2 d early
2023
23 d early
2022
12 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€389k▲ 51.3%
2024 · €257k
2022: €23k
2023: €138k
2024: €257k
2022 → 2025
Total assets
€450k▲ 57.1%
2024 · €287k
2022: €29k
2023: €176k
2024: €287k
2022 → 2025
Net result
€132k▲ 10.7%
2024 · €119k
2022: €21k
2023: €115k
2024: €119k
2022 → 2025
Working capital
€362k▲ 42.3%
2024 · €255k
2022: €22k
2023: €137k
2024: €255k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€23k-€138k▲ 493%€257k▲ 86.3%€389k▲ 51.3%
Operating result€27k-€150k▲ 462%€158k▲ 5.1%€170k▲ 8.0%
Net result€21k-€115k▲ 439%€119k▲ 3.8%€132k▲ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €450k
Fixed assets
€26k▲ 1,408%
Current assets
€424k▲ 49.1%
Equity and liabilities €450k
Equity
€389k▲ 51.3%
Debt
€62k▲ 107%
The debt ratio rises from 10.4% to 13.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€171k▲
2024 · €159k
Cash flow
€133k▲
2024 · €120k
Solvency
86.3%▼
2024 · 89.6%
Current ratio
6.88▼
2024 · 9.56
Quick ratio
6.88▼
2024 · 9.56
Debt / equity
0.16▲
2024 · 0.12
ROE
33.9%▼
2024 · 46.3%
ROA
29.3%▼
2024 · 41.5%
Interest coverage
113.47▲
2024 · 83.68
Debt
€62k▲
2024 · €30k
Debt ≤ 1 year
€62k▲
2024 · €30k
Income taxes
€48k▲
2024 · €40k
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€287k€450k▲
Formation expenses20€734€464▼
Fixed assets21/28€2k€26k▲
Tangible fixed assets22/27€2k€26k▲
Furniture and vehicles24€2k€26k▲
Current assets29/58€284k€424k▲
Amounts receivable after more than one year29€129k€187k▲
Trade receivables290€129k€187k▲
Amounts receivable within one year40/41€484€8k▲
Trade receivables40-€7k
Other amounts receivable41€484€249▼
Cash at bank and in hand54/58€153k€218k▲
Deferred charges and accrued income490/1€2k€11k▲
Equity and liabilities
Total equity and liabilities10/49€287k€450k▲
Equity10/15€257k€389k▲
Contributions10/11€2k€2k=
Reserves13€131k€185k▲
Tax-exempt reserves132€131k€185k▲
Profit (loss) carried forward14€125k€202k▲
Amounts payable17/49€30k€62k▲
Amounts payable within one year42/48€30k€62k▲
Financial debts43€6k€3k▼
Credit institutions430/8€6k€3k▼
Trade debts44€714-
Suppliers440/4€714-
Taxes, remuneration and social security45€23k€58k▲
Taxes450/3€23k€58k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€794€880▲
Non-recurring operating charges66A-€394
Gross operating margin9900€159k€172k▲
Operating profit (loss)9901€158k€170k▲
Financial income75/76B€3k€11k▲
Recurring financial income75€3k€11k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€159k€180k▲
Income taxes67/77€40k€48k▲
Profit (loss) for the period9904€119k€132k▲
Transfer to tax-exempt reserves689€72k€55k▼
Profit (loss) for the period to be appropriated9905€47k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€125k€202k▲
Profit (loss) brought forward from the previous period14P€77k€125k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €132k ▲10.7%
Operating result €170k, net result €132k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 9.56
Current ratio from 4.61 to 9.56; short-term debt falls from €38k to €30k.
31-12
Financial
Equity above €200kEq €257k ▲86.3%
3 profitable years in a row build equity to €257k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €138k ▲493%
2 profitable years in a row build equity to €138k.
19-07
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
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, Brussel · 1 establishment unit since 2022
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.
Louizalaan 5061050 BrusselGround area
783 m²
Building footprint
243 m²
Volume, LiDAR
6,855 m³
Parcel 21822R0228/00T007, Brussels · tallest building 31.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
RFG Advisory
since 20222.337.692.278
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0228/00T007 | Brussels | 783 m² | 1 · 243 m² | 31.7 m · 9 fl. |
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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 36,566 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82190Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.