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RGCS SRL

Active
Private limited companyfounded 20214 yrs activeRue Defuisseaux(SG) 192, 7330 Saint-Ghislain, BelgiumKBO/BCE: BE 0779.366.492
Summary

The computed 12-month bankruptcy probability of RGCS SRL is 2.5% (moderate). The 2025 annual accounts show equity of €26,927 and a net result of €4,365. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 28806 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Joinery installation
NACE 43320
1 site
How big
€33,026total assets 2025
Equity
€26,927
Profit
€4,365
Turnover not published (abridged schema)
Financially healthy?
74 Healthy Checked score 2025
Bankruptcy chance 12 m
2.5%
Who decides
Accounts 8 d early0 of 1 deed read
Why 74- Limited track record- Higher-failure-rate sector- Higher-failure-rate region+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability85=
Solvency100▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.68 against 2.59 in 2024; short-term debt: 18.5% and cash: 21.5% of total assets), and 18.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
81.5%
Return on assets
13.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
8 d early
2024
43 d early
2023
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 21 December (3 of the last 3 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet €4,365 ▼0.2%
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €33,026Profit €4,365Solvency 81.5%Liquidity 2.68
Total assets
€33,026▼ 4.2%
2023 - 2025
Net result
€4,365▼ 0.2%
2023 - 2025
Equity
€26,927▲ 19.3%
2023 - 2025
Solvency
81.5%▲ 16.1pp
2023 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€22,276-€5,726▼ 74.3%€6,033▲ 5.4%
Net result€16,191within the sector's middle half-€4,372within the sector's middle half▼ 73.0%€4,365within the sector's middle half▼ 0.2%
Equity€18,191below the sector's middle half-€22,562within the sector's middle half▲ 24.0%€26,927within the sector's middle half▲ 19.3%
Total assets€28,450below the sector's middle half-€34,457below the sector's middle half▲ 21.1%€33,026below the sector's middle half▼ 4.2%
Debt€10,259-€11,895▲ 15.9%€6,099▼ 48.7%
Working capital€14,146within the sector's middle half-€18,893within the sector's middle half▲ 33.6%€10,235within the sector's middle half▼ 45.8%
Solvency63.9%within the sector's middle half-65.5%within the sector's middle half▲ 1.5pp81.5%above the sector's middle half▲ 16.1pp
Current ratio2.38within the sector's middle half-2.59within the sector's middle half▲ 0.212.68within the sector's middle half▲ 0.09
Return on assets (ROA)56.9%above the sector's middle half-12.7%within the sector's middle half▼ 44.2pp13.2%within the sector's middle half▲ 0.5pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2023: €22,276€22,276Net result 2023: €16,191€16,191Operating result 2024: €5,726€5,726Net result 2024: €4,372€4,372Operating result 2025: €6,033€6,033Net result 2025: €4,365€4,365202320242025€0€10,000€20,000Operating result 2023: €22,276€22,300Net result 2023: €16,191€16,200Operating result 2024: €5,726€5,730Net result 2024: €4,372Operating result 2025: €6,033€6,030Net result 2025: €4,365€4,360202320242025
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,026
Fixed assets €16,692 ▲ 355%
Current assets €16,334 ▼ 46.9%
Equity and liabilities €33,026
Equity €26,927 ▲ 19.3%
Debt €6,099 ▼ 48.7%
Debt's share of the balance-sheet total falls from 34.5% to 18.5%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,786▲
2024 · €8,101
Cash flow
€9,118▲
2024 · €6,747
Debt to equity
0.23▼
2024 · 0.53
ROE
16.2%▼
2024 · 19.4%
Interest coverage
141.00▲
2024 · 52.69
Debt ≤ 1 year
€6,099▼
2024 · €11,895
Income taxes
€1,592▲
2024 · €1,205
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€34,457€33,026▼
Fixed assets21/28€3,670€16,692▲
Tangible fixed assets22/27€3,670€16,692▲
Furniture and vehicles24€3,670€16,692▲
Current assets29/58€30,787€16,334▼
Amounts receivable within one year40/41€11,596€8,963▼
Trade receivables40€10,622€8,059▼
Other amounts receivable41€974€904▼
Cash at bank and in hand54/58€18,152€7,108▼
Deferred charges and accrued income490/1€1,040€262▼
Equity and liabilities
Total equity and liabilities10/49€34,457€33,026▼
Equity10/15€22,562€26,927▲
Contributions10/11€2,000€2,000=
Reserves13€15,500€15,500=
Distributable reserves133€15,500€15,500=
Profit (loss) carried forward14€5,062€9,427▲
Amounts payable17/49€11,895€6,099▼
Amounts payable within one year42/48€11,895€6,099▼
Trade debts44€7,487€2,429▼
Suppliers440/4€7,487€2,429▼
Taxes, remuneration and social security45€3,987€2,078▼
Taxes450/3€1,587€2,078▲
Remuneration and social security454/9€2,400-
Other amounts payable47/48€422€1,592▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,376€4,753▲
Other operating charges640/8€823€1,617▲
Non-recurring operating charges66A-€402
Gross operating margin9900€8,924€12,806▲
Operating profit (loss)9901€5,726€6,033▲
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€154€77▼
Recurring financial charges65€154€77▼
Profit (loss) for the period before taxes9903€5,576€5,957▲
Income taxes67/77€1,205€1,592▲
Profit (loss) for the period9904€4,372€4,365▼
Profit (loss) for the period to be appropriated9905€4,372€4,365▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,062€9,427▲
Profit (loss) brought forward from the previous period14P€691€5,062▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,953€2,376€4,753▲ 100%
Other operating charges640/8€719€823€1,617▲ 96.6%
Non-recurring operating charges66A--€402-
Gross operating margin9900€24,948€8,924€12,806▲ 43.5%
Operating profit (loss)9901€22,276€5,726€6,033▲ 5.4%
Financial income75/76B€1€4€0▼ 99.8%
Recurring financial income75€1€4€0▼ 99.8%
Financial charges65/66B€85€154€77▼ 50.2%
Recurring financial charges65€85€154€77▼ 50.2%
Profit (loss) for the period before taxes9903€22,191€5,576€5,957▲ 6.8%
Income taxes67/77€6,001€1,205€1,592▲ 32.1%
Profit (loss) for the period9904€16,191€4,372€4,365▼ 0.2%
Profit (loss) for the period to be appropriated9905€16,191€4,372€4,365▼ 0.2%
Line202320242025Change
Assets
Total assets20/58€28,450€34,457€33,026▼ 4.2%
Formation expenses20€455---
Fixed assets21/28€3,590€3,670€16,692▲ 355%
Tangible fixed assets22/27€3,590€3,670€16,692▲ 355%
Furniture and vehicles24€3,590€3,670€16,692▲ 355%
Current assets29/58€24,404€30,787€16,334▼ 46.9%
Amounts receivable within one year40/41€1,370€11,596€8,963▼ 22.7%
Trade receivables40€500€10,622€8,059▼ 24.1%
Other amounts receivable41€870€974€904▼ 7.2%
Current investments50/53€21,992---
Cash at bank and in hand54/58-€18,152€7,108▼ 60.8%
Deferred charges and accrued income490/1€1,042€1,040€262▼ 74.8%
Equity and liabilities
Total equity and liabilities10/49€28,450€34,457€33,026▼ 4.2%
Equity10/15€18,191€22,562€26,927▲ 19.3%
Contributions10/11€2,000€2,000€2,000=
Reserves13€15,500€15,500€15,500=
Distributable reserves133€15,500€15,500€15,500=
Profit (loss) carried forward14€691€5,062€9,427▲ 86.2%
Amounts payable17/49€10,259€11,895€6,099▼ 48.7%
Amounts payable within one year42/48€10,259€11,895€6,099▼ 48.7%
Trade debts44€2,813€7,487€2,429▼ 67.6%
Suppliers440/4€2,813€7,487€2,429▼ 67.6%
Taxes, remuneration and social security45€7,446€3,987€2,078▼ 47.9%
Taxes450/3€6,246€1,587€2,078▲ 31.0%
Remuneration and social security454/9€1,200€2,400--
Other amounts payable47/48-€422€1,592▲ 278%
Line202320242025Change
Profit (loss) for the period9904€16,191€4,372€4,365▼ 0.2%
+ Depreciation and write-downs630€1,953€2,376€4,753▲ 100%
Operating cash flow (approximation)€18,144€6,747€9,118▲ 35.1%
Investment in fixed assets (approximation)--€2,455-€17,776▼ 624%
Change in cash---€11,044-

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

Download as CSV

Comparable companies5

Timeline

4 eventsLatest 23-01-2026Next filing 31-01-2027

History

RGCS SRL was incorporated on 24 December 2021.1 Total assets rose from €28,450 in 2023 to €33,026 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
23-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €4,365 ▼0.2%
Net result drops to €4,365, the lowest in the series.
2024
19-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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Company details

Private limited company · founded 24-12-2021Year ends 30-06Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded24-12-2021
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail rg.27@outlook.fr
Phone 0032478281028
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779366492
Also 9925:BE0779366492
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Saint-Ghislain · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
3,242 m²
Building footprint
88 m²
Volume, LiDAR
566 m³
Parcel 53070A0190/00G000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Defuisseaux(SG) 192, 7330 Saint-Ghislain
Manufacture of furniture
since 2021unit no. 2.327.613.483
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53070A0190/00G000 Wallonia 3,242 m² 1 · 88 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.

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