RGI CONSTRUCT
ActiveSummary
RGI CONSTRUCT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €2k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability59▼-23
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 4.61 against 6.57 in 2023; short-term debt: 18.2% and cash: 21.4% of total assets), and 18.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
81.7%
Return on assets
5.3%
Age of the figures
21 mo
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
19 d early
2022
16 d late
2021
25 d late
2020
8 d early
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€24k▲ 7.0%
2023 · €22k
Total assets
€29k▲ 9.7%
2023 · €27k
Net result
€2k▼ 43.9%
2023 · €3k
Working capital
€19k▲ 3.6%
2023 · €19k
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
Line20202021202220232024
Operating result€1k€15k▲ 1,304%€731▼ 95.3%€4k▲ 512%€3k▼ 28.4%
Net result€915€15k▲ 1,518%€528▼ 96.4%€3k▲ 425%€2k▼ 43.9%
Equity€4k▲ 27.9%€19k▲ 353%€20k▲ 2.8%€22k▲ 14.2%€24k▲ 7.0%
Total assets€16k▲ 15.4%€30k▲ 89.2%€28k▼ 7.2%€27k▼ 5.4%€29k▲ 9.7%
Debt€12k▲ 11.5%€11k▼ 4.2%€9k▼ 24.0%€4k▼ 49.9%€5k▲ 23.7%
Working capital€13k▲ 19.3%€28k▲ 118%€19k▼ 33.7%€19k▼ 1.7%€19k▲ 3.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€5k ▼ 1.9%
Current assets
€24k ▲ 12.2%
Equity and liabilities €29k
Equity
€24k ▲ 7.0%
Debt
€5k ▲ 23.7%
Debt's share of the balance-sheet total rises from 16.2% to 18.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2023 · €5k
Cash flow
€3k▼
2023 · €4k
Current ratio
4.61▼
2023 · 6.57
Debt to equity
0.22▲
2023 · 0.19
ROE
6.5%▼
2023 · 12.4%
ROA
5.3%▼
2023 · 10.4%
Interest coverage
4.08▼
2023 · 7.87
Debt ≤ 1 year
€5k▲
2023 · €3k
Income taxes
€630▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €596 | €470 | €572 | €914 | €1k | ▲ 28.7% |
| Other operating charges640/8 | - | €791 | €1k | €1k | €1k | ▲ 13.3% |
| Gross operating margin9900 | €2k | €17k | €3k | €6k | €6k | ▼ 13.5% |
| Operating profit (loss)9901 | €1k | €15k | €731 | €4k | €3k | ▼ 28.4% |
| Financial income75/76B | - | €156 | €155 | €12 | €53 | ▲ 351% |
| Recurring financial income75 | €191 | €156 | €155 | €12 | €53 | ▲ 351% |
| Financial charges65/66B | - | €453 | €305 | €685 | €1k | ▲ 56.8% |
| Recurring financial charges65 | €380 | €453 | €305 | €685 | €1k | ▲ 56.8% |
| Profit (loss) for the period before taxes9903 | €915 | €15k | €581 | €4k | €2k | ▼ 42.6% |
| Income taxes67/77 | - | €395 | €53 | €1k | €630 | ▼ 39.0% |
| Profit (loss) for the period9904 | €915 | €15k | €528 | €3k | €2k | ▼ 43.9% |
| Profit (loss) for the period to be appropriated9905 | €915 | €15k | €528 | €3k | €2k | ▼ 43.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16k | €30k | €28k | €27k | €29k | ▲ 9.7% |
| Fixed assets21/28 | €669 | €200 | €6k | €5k | €5k | ▼ 1.9% |
| Tangible fixed assets22/27 | €669 | €200 | €6k | €5k | €5k | ▼ 1.9% |
| Land and buildings22 | - | - | €4k | €3k | €3k | ▼ 12.2% |
| Plant, machinery and equipment23 | - | €200 | €100 | €0 | - | - |
| Furniture and vehicles24 | - | - | €2k | €2k | €2k | ▲ 20.6% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Current assets29/58 | €15k | €30k | €22k | €22k | €24k | ▲ 12.2% |
| Amounts receivable within one year40/41 | €14k | €12k | €17k | €15k | €18k | ▲ 23.2% |
| Trade receivables40 | - | €10k | €16k | €14k | €15k | ▲ 11.0% |
| Other amounts receivable41 | - | €2k | €1k | €1k | €3k | ▲ 158% |
| Cash at bank and in hand54/58 | €409 | €17k | €4k | €6k | €6k | ▼ 1.7% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €658 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16k | €30k | €28k | €27k | €29k | ▲ 9.7% |
| Equity10/15 | €4k | €19k | €20k | €22k | €24k | ▲ 7.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | €403 | €931 | €4k | €5k | ▲ 42.0% |
| Distributable reserves133 | - | €403 | €931 | €4k | €5k | ▲ 42.0% |
| Profit (loss) carried forward14 | €-14k | €0 | - | - | - | - |
| Amounts payable17/49 | €12k | €11k | €9k | €4k | €5k | ▲ 23.7% |
| Amounts payable after more than one year17 | €9k | €8k | €5k | €0 | - | - |
| Financial debts170/4 | - | €8k | €5k | €0 | - | - |
| Amounts payable within one year42/48 | €2k | €2k | €4k | €3k | €5k | ▲ 60.0% |
| Trade debts44 | €2k | €822 | €2k | €939 | €4k | ▲ 276% |
| Suppliers440/4 | - | €822 | €2k | €939 | €4k | ▲ 276% |
| Taxes, remuneration and social security45 | - | €905 | €1k | €2k | €2k | = |
| Taxes450/3 | - | €905 | €1k | €2k | €2k | = |
| Other amounts payable47/48 | - | - | - | €602 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €1k | €15 | €999 | €29 | ▼ 97.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €915 | €15k | €528 | €3k | €2k | ▼ 43.9% |
| + Depreciation and write-downs630 | €596 | €470 | €572 | €914 | €1k | ▲ 28.7% |
| Operating cash flow (approximation) | €2k | €15k | €1k | €4k | €3k | ▼ 25.9% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €0 | €-1k | - |
| Change in cash | - | €16k | €-13k | €3k | €-109 | ▼ 104% |
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
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲1,518%
Operating result €15k, net result €15k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 17.46
Current ratio from 6.53 to 17.46; short-term debt falls from €2k to €2k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €915
Net result €915 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Genk · 1 establishment unit since 2004
Ground area
339 m²
Building footprint
219 m²
Volume, LiDAR
821 m³
Parcel 71303B0049/00P018, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RGI Construct
since 20042.138.594.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71303B0049/00P018 | Flanders | 339 m² | 1 · 219 m² | 6.2 m · 1 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.
Similar companies · same sector, comparable size
N&A SERVICES
BE 0805.483.149
Kraainem · Eq €23,857
Binnenhuisafwerking Telen
BE 0715.667.879
Maaseik · Eq €23,852
PHILIPS PROJECTS
BE 0797.560.130
Aalst · Eq €23,833
RENOVATION-BATIMENT.BE
BE 0836.700.026
Braine-le-Comte · Eq €23,772
DE THUISNATIE
BE 0414.075.776
Antwerpen · Eq €23,765
Of 4,019 companies in sector 43310 we hold annual accounts for 1,746. 1,393 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
Founded26-05-2004
Fiscal year end31-12
Abbreviation NL
R. G. GEVELWERKEN
Activities, NACEBEL 2025
43310Plastering work
43240Other construction installation
43230Insulation installation
43320Joinery installation
43350Other building finishing work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.