RFP SERVICES
InactiveRFP SERVICES was declared bankrupt on 25-09-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 28-01-2025, published in the Belgian State Gazette on 05-02-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 02-07-2023, 29 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 d early
2021
190 d late
2020
153 d late
2019
280 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 149 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
-€87,008▼ 259%
2021 · -€24,215
Total assets
€34,062▼ 82.6%
2021 · €195,914
Net result
-€62,792▼ 188%
2021 · -€21,768
Working capital
-€92,320▼ 87.6%
2021 · -€49,219
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€18,524-€52,968▲ 186%-€26,027-€35,453▼ 36.2%-€60,901▼ 71.8%
Net result€10,598-€44,025▲ 315%-€36,630-€21,768▲ 40.6%-€62,792▼ 188%
Equity€30,158-€34,183▲ 13.3%-€2,447-€24,215▼ 890%-€87,008▼ 259%
Total assets€168,149-€271,742▲ 61.6%€201,215▼ 26.0%€195,914▼ 2.6%€34,062▼ 82.6%
Debt€137,991-€237,559▲ 72.2%€203,662▼ 14.3%€220,130▲ 8.1%€121,069▼ 45.0%
Working capital€14,171-€27,736▲ 95.7%-€22,612-€49,219▼ 118%-€92,320▼ 87.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2022 Total assets -83% on 2021. Cause not known from the registers.
- 2019 Total assets +62% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €60,901 in 2022 against €35,453 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €34,062
Fixed assets
€5,313 ▼ 78.8%
Current assets
€28,749 ▼ 83.2%
Key figures and ratios
EBITDA
-€58,245▼
2021 · -€29,904
Cash flow
-€60,136▼
2021 · -€16,220
Solvency
-255.4%▼
2021 · -12.4%
Current ratio
0.24▼
2021 · 0.78
Debt to equity
-1.39▲
2021 · -9.09
ROA
-184.3%▼
2021 · -11.1%
Interest coverage
-67.51▼
2021 · -22.92
Debt ≤ 1 year
€121,069▼
2021 · €220,130
Staff costs
€103,530▲
2021 · €83,874
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,656 | - |
| Remuneration, social security and pensions62 | - | - | - | €83,874 | €103,530 | ▲ 23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,043 | €11,420 | €8,872 | €5,549 | €2,656 | ▼ 52.1% |
| Other operating charges640/8 | - | - | - | €3,015 | €7,270 | ▲ 141% |
| Non-recurring operating charges66A | - | - | - | €1,365 | €13,031 | ▲ 855% |
| Gross operating margin9900 | €202,060 | €272,363 | €91,913 | €58,349 | €65,587 | ▲ 12.4% |
| Operating profit (loss)9901 | €18,524 | €52,968 | -€26,027 | -€35,453 | -€60,901 | ▼ 71.8% |
| Financial income75/76B | - | - | - | €12,564 | €1 | ▼ 100.0% |
| Recurring financial income75 | - | €3 | - | €12,564 | €1 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | €12,564 | - | - |
| Financial charges65/66B | - | - | - | €1,305 | €1,892 | ▲ 45.0% |
| Recurring financial charges65 | €1,688 | €2,598 | €2,931 | €1,305 | €863 | ▼ 33.9% |
| Non-recurring financial charges66B | - | - | - | - | €1,029 | - |
| Profit (loss) for the period before taxes9903 | €15,061 | €66,504 | -€28,483 | -€24,194 | -€62,792 | ▼ 160% |
| Income taxes67/77 | €4,463 | €22,480 | €8,147 | -€2,426 | - | - |
| Profit (loss) for the period9904 | €10,598 | €44,025 | -€36,630 | -€21,768 | -€62,792 | ▼ 188% |
| Profit (loss) for the period to be appropriated9905 | €10,598 | €44,025 | -€36,630 | -€21,768 | -€62,792 | ▼ 188% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168,149 | €271,742 | €201,215 | €195,914 | €34,062 | ▼ 82.6% |
| Fixed assets21/28 | €15,987 | €6,447 | €20,165 | €25,004 | €5,313 | ▼ 78.8% |
| Tangible fixed assets22/27 | €15,953 | €6,413 | €20,131 | €24,970 | €5,313 | ▼ 78.7% |
| Furniture and vehicles24 | - | - | - | €10,581 | €5,313 | ▼ 49.8% |
| Other tangible fixed assets26 | - | - | - | €14,389 | €0 | ▼ 100% |
| Financial fixed assets28 | €34 | €34 | €34 | €34 | €0 | ▼ 100% |
| Current assets29/58 | €152,163 | €265,294 | €181,050 | €170,911 | €28,749 | ▼ 83.2% |
| Amounts receivable after more than one year29 | - | - | - | €84,725 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €84,725 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €2,250 | €850 | €950 | €0 | - | - |
| Stocks30/36 | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €109,937 | €40,706 | €85,761 | €75,671 | €20,000 | ▼ 73.6% |
| Trade receivables40 | - | - | - | €52,770 | €20,000 | ▼ 62.1% |
| Other amounts receivable41 | - | - | - | €22,901 | - | - |
| Cash at bank and in hand54/58 | €29,467 | €104,194 | €19,552 | €9,710 | €6,293 | ▼ 35.2% |
| Deferred charges and accrued income490/1 | - | - | - | €804 | €2,456 | ▲ 205% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168,149 | €271,742 | €201,215 | €195,914 | €34,062 | ▼ 82.6% |
| Equity10/15 | €30,158 | €34,183 | -€2,447 | -€24,215 | -€87,008 | ▼ 259% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €9,698 | €13,723 | -€22,907 | -€44,675 | -€107,468 | ▼ 141% |
| Amounts payable17/49 | €137,991 | €237,559 | €203,662 | €220,130 | €121,069 | ▼ 45.0% |
| Amounts payable within one year42/48 | €137,991 | €237,559 | €203,662 | €220,130 | €121,069 | ▼ 45.0% |
| Trade debts44 | €63,456 | €120,735 | €88,263 | €74,350 | €83,923 | ▲ 12.9% |
| Suppliers440/4 | - | - | - | €74,350 | €83,923 | ▲ 12.9% |
| Taxes, remuneration and social security45 | - | - | - | €90,329 | €25,062 | ▼ 72.3% |
| Taxes450/3 | - | - | - | €16,692 | €17,018 | ▲ 2.0% |
| Remuneration and social security454/9 | - | - | - | €73,638 | €8,045 | ▼ 89.1% |
| Other amounts payable47/48 | - | - | - | €55,450 | €12,083 | ▼ 78.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,598 | €44,025 | -€36,630 | -€21,768 | -€62,792 | ▼ 188% |
| + Depreciation and write-downs630 | €11,043 | €11,420 | €8,872 | €5,549 | €2,656 | ▼ 52.1% |
| Operating cash flow (approximation) | €21,642 | €55,444 | -€27,758 | -€16,220 | -€60,136 | ▼ 271% |
| Investment in fixed assets (approximation) | - | -€1,880 | -€22,590 | -€10,388 | €17,035 | ▲ 264% |
| Change in cash | - | €74,727 | -€84,642 | -€9,843 | -€3,416 | ▲ 65.3% |
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
2025
05-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 28-01-2025
2023
02-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 25-09-2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
06-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 190 days late
2022
31-12
Financial
Weakest financial yearnet -€62,792
Net result drops to -€62,792, the lowest in the series.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 280 days late
2019
31-12
Financial
Highest result since 2018net €44,025 ▲315%
Operating result €52,968, net result €44,025, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 54 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3,
1050 FR BRUXELLES 5 |
25-09-2023 → 28-01-2025 |