Summary
RHEASTONE 9 has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2021 annual accounts show equity of €247k and a net result of €-29k. Equity is shrinking by ~18.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Axes, FY 2021 · tick = 2020
Profitability36▲+21
Solvency31▼-7
Growth22=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
6.4%
Return on assets
-0.7%
Age of the figures
57 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
34 d early
2022
273 d late
2021
33 d early
2020
37 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€100▼ 99.4%
2018 · €17k
2018: €17k
2018 → 2019
EBIT margin
-10464.9%▼ 10454.1pp
2018 · -10.8%
2018: -10.8%
2018 → 2019
Net result
€-29k▲ 58.3%
2020 · €-69k
2018: €-2k
2019: €-93k
2020: €-69k
2018 → 2021
Working capital
€-1.54M▼ 0.1%
2020 · €-1.54M
2018: €-1.52M
2019: €-1.53M
2020: €-1.54M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€17k-€100▼ 99.4%
Equity€438k-€345k▼ 21.3%€276k▼ 19.9%€247k▼ 10.4%
Operating result€-2k-€-10k▼ 454%€-10k▲ 3.9%€-16k▼ 63.9%
Net result€-2k-€-93k▼ 4,424%€-69k▲ 26.3%€-29k▲ 58.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2021 against €10k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €3.89M
Fixed assets
€3.88M ▲ 76.6%
Current assets
€5k ▼ 27.4%
Equity and liabilities €3.89M
Equity
€247k ▼ 10.4%
Debt
€3.64M ▲ 88.6%
Debt's share of the balance-sheet total rises from 87.5% to 93.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00▼
2020 · 0.00
Debt to equity
14.73▲
2020 · 1.39
ROE
-11.6%▲
2020 · -24.9%
ROA
-0.7%▲
2020 · -3.1%
Debt ≤ 1 year
€1.55M=
2020 · €1.55M
Debt > 1 year
€2.08M▲
2020 · €385k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 37 lines
Balance sheet
Code20202021
Assets
Total assets20/58€2.21M€3.89M▲
Fixed assets21/28€2.20M€3.88M▲
Tangible fixed assets22/27€2.20M€3.88M▲
Land and buildings22-€2.23M
Assets under construction and advance payments27-€1.66M
Current assets29/58€7k€5k▼
Amounts receivable within one year40/41€196-
Cash at bank and in hand54/58€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€2.21M€3.89M▲
Equity10/15€276k€247k▼
Contributions10/11-€440k
Profit (loss) carried forward14€-164k€-193k▼
Amounts payable17/49€1.93M€3.64M▲
Amounts payable after more than one year17€385k€2.08M▲
Financial debts170/4-€2.08M
Subordinated loans170-€1.65M
Other loans174-€434k
Amounts payable within one year42/48€1.55M€1.55M=
Financial debts43-€1.54M
Credit institutions430/8-€1.54M
Trade debts44€6k€6k▲
Suppliers440/4-€6k
Accrued charges and deferred income492/3-€17k
Income statement
Code20202021
Operating charges60/66A-€16k
Services and other goods61-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478-
Other operating charges640/8-€2k
Operating profit (loss)9901€-10k€-16k▼
Financial charges65/66B-€12k
Recurring financial charges65€59k€12k▼
Debt charges650€58k€8k▼
Other financial charges652/9-€4k
Profit (loss) for the period before taxes9903€-69k€-29k▲
Profit (loss) for the period9904€-69k€-29k▲
Profit (loss) for the period to be appropriated9905€-69k€-29k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-193k
Profit (loss) brought forward from the previous period14P-€-164k
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 273 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 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, Sint-Pieters-Woluwe · 1 establishment unit since 1998
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.
Tervurenlaan 2701150 Sint-Pieters-WoluweGround area
1.9 ha
Building footprint
4,055 m²
Volume, LiDAR
65,676 m³
Parcel 21019A0155/00Z000, Brussels · tallest building 28.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RHEASTONE 9
since 19982.089.600.427
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0155/00Z000 | Brussels | 1.9 ha | 1 · 4,055 m² | 28.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Care and welfare
1 service · 0 liveRUSTHUIS DAGERAAD
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EXOS KVK
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Dr. Koninckx Tom - huisarts
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Biker Pitstop A.B.Z. Autobemiddeling Zedelgem
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,903 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.