RG REAL ESTATE SERVICES
ActiveRG REAL ESTATE SERVICES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €62k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+17
Solvency29▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.05 in 2024; short-term debt: 12.6% and cash: 0.4% of total assets), and 96.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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
3.8%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 31642 sector peers (2025).
NBB · sector comparisonPosition among 31642 sector peers
Solvency
better than 12%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €75k
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 01-06-2026, 60 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
60 d early
2024
2 d early
2023
29 d late
2022
28 d late
2021
58 d early
2020
45 d early
2019
63 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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€62k
2024 · €-23k
2018: €12k
2019: €4k
2020: €6k
2021: €543
2022: €1k
2023: €-94k
2024: €-23k
2018 → 2025
Working capital
€-225k▲ 8.1%
2024 · €-245k
2018: €-23k
2019: €-205k
2020: €-82k
2021: €-168k
2022: €-177k
2023: €-226k
2024: €-245k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€131k▲ 0.9%€37k▼ 71.8%€14k▼ 62.3%€75k▲ 441%
Operating result€24k-€34k▲ 42.6%€-44k€32k€113k▲ 256%
Net result€543-€1k▲ 114%€-94k€-23k▲ 75.5%€62k
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 256% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.00M
Fixed assets
€1.97M▼ 4.6%
Current assets
€27k▲ 111%
Equity and liabilities €2.00M
Equity
€75k▲ 441%
Debt
€1.92M▼ 6.9%
The debt ratio falls from 99.3% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€223k▲
2024 · €163k
Cash flow
€172k▲
2024 · €108k
Solvency
3.8%▲
2024 · 0.7%
Current ratio
0.11▲
2024 · 0.05
Quick ratio
0.11▲
2024 · 0.05
Debt / equity
25.44
ROE
81.5%▲
2024 · -165.2%
ROA
3.1%▲
2024 · -1.1%
Interest coverage
4.35▲
2024 · 2.94
Debt
€1.92M▼
2024 · €2.06M
Debt ≤ 1 year
€252k▼
2024 · €257k
Debt > 1 year
€1.66M▼
2024 · €1.80M
Income taxes
€363▲
2024 · €363
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€2.08M€2.00M▼
Fixed assets21/28€2.06M€1.97M▼
Tangible fixed assets22/27€2.06M€1.97M▼
Land and buildings22€1.86M€1.79M▼
Plant, machinery and equipment23€202k€178k▼
Furniture and vehicles24€1k€420▼
Financial fixed assets28€100€100=
Current assets29/58€13k€27k▲
Amounts receivable within one year40/41€3k€567▼
Trade receivables40€3k€567▼
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1€4k€19k▲
Equity and liabilities
Total equity and liabilities10/49€2.08M€2.00M▼
Equity10/15€14k€75k▲
Contributions10/11€102k€102k=
Profit (loss) carried forward14€-88k€-27k▲
Amounts payable17/49€2.06M€1.92M▼
Amounts payable after more than one year17€1.80M€1.66M▼
Financial debts170/4€1.55M€1.41M▼
Other amounts payable178/9€250k€250k=
Amounts payable within one year42/48€257k€252k▼
Current portion of amounts payable after more than one year42€133k€139k▲
Trade debts44€28k€49k▲
Suppliers440/4€28k€49k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€8k▲
Other amounts payable47/48€89k€56k▼
Accrued charges and deferred income492/3€5k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€110k▼
Other operating charges640/8€15k€19k▲
Gross operating margin9900€178k€242k▲
Operating profit (loss)9901€32k€113k▲
Financial income75/76B€1k€42▼
Recurring financial income75€1k€42▼
Financial charges65/66B€55k€51k▼
Recurring financial charges65€55k€51k▼
Profit (loss) for the period before taxes9903€-23k€62k▲
Income taxes67/77€363€363▲
Profit (loss) for the period9904€-23k€62k▲
Profit (loss) for the period to be appropriated9905€-23k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-90k€-27k▲
Profit (loss) brought forward from the previous period14P€-67k€-88k▼
Transfer from equity791/2€2k-
The notes to these accounts (12 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €62k
Net result €62k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-94k ▼8186%
Net result drops to €-94k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €100kEq €129k ▲287%
3 profitable years in a row build equity to €129k.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Ciney · 1 establishment unit since 2017
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.
Ch. du Forbot de Jannée(Pessoux) 155590 Ciney1 establishment unit
RG REAL ESTATE SERVICES
since 20172.261.853.621
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 39,912 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2016
Fiscal year end31-12
Abbreviation FR
RGRES
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@poneyclubforfot.be
Phone:0477/599571