RG GROUP
Open bankruptcyA bankruptcy procedure is open for RG GROUP according to publications in the Belgian State Gazette; curator: JENS VREBOS. The 2022 annual accounts show equity of €521k and a net result of €61k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-08-2023, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
22 d late
2021
85 d late
2020
168 d late
2019
121 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61k▼ 43.5%
2021 · €108k
2018: €19k
2019: €195k
2020: €61k
2021: €108k
2018 → 2022
Working capital
€507k▲ 12.0%
2021 · €452k
2018: €75k
2019: €272k
2020: €331k
2021: €452k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€97k-€291k▲ 202%€352k▲ 21.0%€460k▲ 30.7%€521k▲ 13.3%
Operating result€31k-€258k▲ 745%€60k▼ 76.9%€133k▲ 123%€65k▼ 51.1%
Net result€19k-€195k▲ 951%€61k▼ 68.6%€108k▲ 76.9%€61k▼ 43.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 51% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €789k
Fixed assets
€33k▲ 24.9%
Current assets
€756k▼ 6.4%
Equity and liabilities €789k
Equity
€521k▲ 13.3%
Debt
€268k▼ 28.4%
The debt ratio falls from 44.8% to 33.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▼
2021 · €149k
Cash flow
€74k▼
2021 · €124k
Solvency
66.1%▲
2021 · 55.2%
Current ratio
3.03▲
2021 · 2.27
Quick ratio
3.03▲
2021 · 2.27
Debt / equity
0.51▼
2021 · 0.81
ROE
11.7%▼
2021 · 23.5%
ROA
7.7%▼
2021 · 12.9%
Interest coverage
17.70▼
2021 · 19.56
Debt
€268k▼
2021 · €374k
Debt ≤ 1 year
€249k▼
2021 · €355k
Debt > 1 year
€19k=
2021 · €19k
Income taxes
€23k▼
2021 · €42k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€834k€789k▼
Fixed assets21/28€27k€33k▲
Tangible fixed assets22/27€25k€31k▲
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€365€13k▲
Leasing and similar rights25€18k€11k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€808k€756k▼
Amounts receivable after more than one year29€29k€577k▲
Other amounts receivable291€29k€577k▲
Amounts receivable within one year40/41€716k€154k▼
Trade receivables40€250k€124k▼
Other amounts receivable41€466k€30k▼
Cash at bank and in hand54/58€59k€1▼
Deferred charges and accrued income490/1€4k€25k▲
Equity and liabilities
Total equity and liabilities10/49€834k€789k▼
Equity10/15€460k€521k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Outside capital11-€19k
Other1109/19-€19k
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€425k€486k▲
Amounts payable17/49€374k€268k▼
Amounts payable after more than one year17€19k€19k=
Financial debts170/4€19k€19k=
Amounts payable within one year42/48€355k€249k▼
Current portion of amounts payable after more than one year42€20k€20k=
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€296k€205k▼
Suppliers440/4€296k€205k▼
Taxes, remuneration and social security45€38k€11k▼
Taxes450/3€38k€11k▼
Other amounts payable47/48€2k€8k▲
Income statement
Code20212022
Goods, raw materials, services and sundry goods60/61€1.92M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€151k€80k▼
Operating profit (loss)9901€133k€65k▼
Financial income75/76B€24k€23k▼
Recurring financial income75€24k€23k▼
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€150k€84k▼
Income taxes67/77€42k€23k▼
Profit (loss) for the period9904€108k€61k▼
Profit (loss) for the period to be appropriated9905€108k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€425k€486k▲
Profit (loss) brought forward from the previous period14P€317k€425k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
25-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · RG GROUP BV JEAN VOLDERS- LAAN 39, 1060 SINT-GILLIS · event 19-09-2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
31-12
Financial
Equity above €500kEq €521k ▲13.3%
5 profitable years in a row build equity to €521k.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 85 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 168 days late
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
31-12
Financial
Highest result since 2018net €195k ▲951%
Operating result €258k, net result €195k, both a record.
31-12
Financial
Equity above €200kEq €291k ▲202%
2 profitable years in a row build equity to €291k.
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 84 days late
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 104 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 179 days late
2016
22-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 83 days late
2015
03-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 64 days late
2014
03-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 64 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2007
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.
Ground area
585 m²
Building footprint
461 m²
Volume, LiDAR
8,985 m³
2 parcels, Brussels · tallest building 29.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Jennartstraat 17, 1080 Sint-Jans-Molenbeek
since 20072.158.489.035
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0079/00F009 | Brussels | 459 m² | 1 · 367 m² | 29.9 m · 8 fl. |
| 21012A0117/00B008 | Brussels | 127 m² | 1 · 93 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS EZELSTRAAT 25, 8000 BRUGGE- |
19-09-2023 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-01-2007
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
01410Raising of dairy cattle
74700
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.