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RFT SERVICES

Active
Private limited companyfounded 20242 yrs activeHolleweg 44, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 1006.224.352
Summary

The computed 12-month bankruptcy probability of RFT SERVICES is 3.7% (moderate). The 2024 annual accounts show equity of €23,198 and a net result of €17,198. Its solvency ranks better than 21% of 6720 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability77
Solvency34
Growth-
Track record67
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.13; short-term debt: 53.1% of total assets), and 91.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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 2024
Solvency, return and age of the figures
Solvency
8.6%
Return on assets
6.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6720 sector peers (2024).
NBB · sector comparison
Position among 6720 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RFT SERVICES was incorporated on 20 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€23,198
Total assets
€270,506
Net result
€17,198
Working capital
-€124,843

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €267,199
Fixed assets €248,456
Current assets €18,743
Equity and liabilities €270,506
Equity €23,198
Debt €247,308
Debt finances 91.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€68,039
Cash flow
€56,563
Current ratio
0.13
Debt to equity
10.66
ROE
74.1%
ROA
6.4%
Interest coverage
7.31
Debt ≤ 1 year
€143,586
Debt > 1 year
€103,722
Income taxes
€2,164

Peer companies

Historical observation

Of the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.6% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,155 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€270,506
Formation expenses20€3,307
Fixed assets21/28€248,456
Intangible fixed assets21€82,254
Tangible fixed assets22/27€166,202
Plant, machinery and equipment23€2,779
Furniture and vehicles24€28,411
Leasing and similar rights25€135,012
Current assets29/58€18,743
Amounts receivable within one year40/41€14,226
Trade receivables40€14,193
Other amounts receivable41€33
Deferred charges and accrued income490/1€4,517
Equity and liabilities
Total equity and liabilities10/49€270,506
Equity10/15€23,198
Contributions10/11€6,000
Profit (loss) carried forward14€17,198
Amounts payable17/49€247,308
Amounts payable after more than one year17€103,722
Financial debts170/4€103,722
Amounts payable within one year42/48€143,586
Current portion of amounts payable after more than one year42€17,427
Financial debts43€2,372
Credit institutions430/8€2,372
Trade debts44€16,670
Suppliers440/4€16,670
Taxes, remuneration and social security45€10,147
Taxes450/3€10,147
Other amounts payable47/48€96,970
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,365
Other operating charges640/8€1,264
Gross operating margin9900€69,303
Operating profit (loss)9901€28,674
Financial charges65/66B€9,312
Recurring financial charges65€9,312
Profit (loss) for the period before taxes9903€19,362
Income taxes67/77€2,164
Profit (loss) for the period9904€17,198
Profit (loss) for the period to be appropriated9905€17,198
Appropriation of the result
Profit (loss) to be appropriated9906€17,198

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,365
Other operating charges640/8€1,264
Gross operating margin9900€69,303
Operating profit (loss)9901€28,674
Financial charges65/66B€9,312
Recurring financial charges65€9,312
Profit (loss) for the period before taxes9903€19,362
Income taxes67/77€2,164
Profit (loss) for the period9904€17,198
Profit (loss) for the period to be appropriated9905€17,198
Line2024
Assets
Total assets20/58€270,506
Formation expenses20€3,307
Fixed assets21/28€248,456
Intangible fixed assets21€82,254
Tangible fixed assets22/27€166,202
Plant, machinery and equipment23€2,779
Furniture and vehicles24€28,411
Leasing and similar rights25€135,012
Current assets29/58€18,743
Amounts receivable within one year40/41€14,226
Trade receivables40€14,193
Other amounts receivable41€33
Deferred charges and accrued income490/1€4,517
Equity and liabilities
Total equity and liabilities10/49€270,506
Equity10/15€23,198
Contributions10/11€6,000
Profit (loss) carried forward14€17,198
Amounts payable17/49€247,308
Amounts payable after more than one year17€103,722
Financial debts170/4€103,722
Amounts payable within one year42/48€143,586
Current portion of amounts payable after more than one year42€17,427
Financial debts43€2,372
Credit institutions430/8€2,372
Trade debts44€16,670
Suppliers440/4€16,670
Taxes, remuneration and social security45€10,147
Taxes450/3€10,147
Other amounts payable47/48€96,970
Line2024
Profit (loss) for the period9904€17,198
+ Depreciation and write-downs630€39,365
Operating cash flow (approximation)€56,563

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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.

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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, Tongeren-Borgloon · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
190 m²
Building footprint
76 m²
Volume, LiDAR
410 m³
Parcel 73094B0315/00S000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
RFT SERVICES
Holleweg 44, 3700 Tongeren-BorgloonRetail trade
since 20242.356.172.956
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73094B0315/00S000 Flanders 189 m² 1 · 76 m² 8.0 m · 2 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Tongeren-Borgloon2.356.172.956
1 permission
Vervoer van diervoeders · since 20-02-2024

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 5,164 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
Founded20-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47210Retail sale of fruit and vegetables
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006224352
Also 9925:BE1006224352
Registered 17-10-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.