Rhsolutions
ActiveThe computed 12-month bankruptcy probability of Rhsolutions is 2.0% (moderate). The 2025 annual accounts show equity of €98k and a net result of €679. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 27319 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-97
Solvency99▼-1
Growth52=
Stability94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 4.33 in 2024), and 39.5% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← 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
60.5%
Return on assets
0.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 5 filingsDeviation from the deadline
2025
26 d late
2024
1 d early
2023
26 d late
2022
30 d late
2021
17 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€98k▼ 31.7%
2024 · €144k
2021: €53k
2022: €63k
2023: €98k
2024: €144k
2021 → 2025
Total assets
€163k▼ 17.4%
2024 · €197k
2021: €136k
2022: €141k
2023: €244k
2024: €197k
2021 → 2025
Net result
€679▼ 98.5%
2024 · €46k
2021: €49k
2022: €10k
2023: €35k
2024: €46k
2021 → 2025
Working capital
€75k▼ 41.2%
2024 · €127k
2021: €50k
2022: €53k
2023: €88k
2024: €127k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€63k▲ 17.9%€98k▲ 55.5%€144k▲ 47.5%€98k▼ 31.7%
Operating result€68k-€14k▼ 79.3%€55k▲ 288%€65k▲ 18.9%€7k▼ 89.7%
Net result€49k-€10k▼ 80.6%€35k▲ 265%€46k▲ 33.1%€679▼ 98.5%
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 2025; 2025 is 90% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€25k▼ 19.1%
Current assets
€137k▼ 17.1%
Equity and liabilities €163k
Equity
€98k▼ 31.7%
Debt
€64k▲ 22.0%
The debt ratio rises from 26.7% to 39.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€13k▼
2024 · €71k
Cash flow
€7k▼
2024 · €52k
Solvency
60.5%▼
2024 · 73.3%
Current ratio
2.20▼
2024 · 4.33
Quick ratio
1.95▼
2024 · 3.98
Debt / equity
0.65▲
2024 · 0.36
ROE
0.7%▼
2024 · 32.2%
ROA
0.4%▼
2024 · 23.6%
Interest coverage
2.28▼
2024 · 11.87
Debt
€64k▲
2024 · €53k
Debt ≤ 1 year
€63k▲
2024 · €38k
Debt > 1 year
€0▼
2024 · €13k
Income taxes
€2k▼
2024 · €14k
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€197k€163k▼
Fixed assets21/28€31k€25k▼
Tangible fixed assets22/27€31k€25k▼
Land and buildings22€21k€19k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€166k€137k▼
Stocks and contracts in progress3€13k€15k▲
Stocks30/36€13k€15k▲
Amounts receivable within one year40/41€56k€39k▼
Trade receivables40€49k€30k▼
Other amounts receivable41€7k€9k▲
Cash at bank and in hand54/58€96k€82k▼
Deferred charges and accrued income490/1€0€1k▲
Equity and liabilities
Total equity and liabilities10/49€197k€163k▼
Equity10/15€144k€98k▼
Contributions10/11€4k€4k=
Reserves13€140k€94k▼
Distributable reserves133€140k€94k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€53k€64k▲
Amounts payable after more than one year17€13k€0▼
Financial debts170/4€13k€0▼
Amounts payable within one year42/48€38k€63k▲
Current portion of amounts payable after more than one year42€6k€0▼
Trade debts44€16k€26k▲
Suppliers440/4€16k€26k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€0€2k▲
Taxes450/3€0€2k▲
Other amounts payable47/48€16k€32k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€74k€14k▼
Operating profit (loss)9901€65k€7k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€60k€3k▼
Income taxes67/77€14k€2k▼
Profit (loss) for the period9904€46k€679▼
Profit (loss) for the period to be appropriated9905€46k€679▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€679▼
Transfer from equity791/2-€46k
Transfer to equity691/2€46k€679▼
To other reserves6921€46k€679▼
Profit to be distributed694/7-€46k
Return on contributions (dividend)694-€46k
The notes to these accounts (8 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €679 ▼98.5%
Net result drops to €679, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.33
Current ratio from 1.69 to 4.33; short-term debt falls from €126k to €38k.
31-12
Financial
Equity above €100kEq €144k ▲47.5%
4 profitable years in a row build equity to €144k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2020
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.
Kapellekensbaan 99B3720 HasseltGround area
628 m²
Building footprint
110 m²
Volume, LiDAR
636 m³
Parcel 73040C0417/00A000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RHsolutions
since 20202.308.262.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040C0417/00A000 | Flanders | 628 m² | 1 · 110 m² | 8.7 m · 2 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.
Similar companies · same sector, comparable size
Houtprojecten Buzeyn
BE 0716.793.475
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LA MENUISIERE
BE 0649.661.161
Vorst · Eq €99k
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BE 0674.932.829
Pepingen · Eq €98k
VAN TICHELT
BE 0812.391.628
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RRM
BE 0634.610.919
Antwerpen · Eq €99k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,665 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2020
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.rhsolutions.be
E-mail:info@rhsolutions.be