RL ENGINEERING
ActiveSummary
RL ENGINEERING has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €7k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-2
Solvency93▲+19
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 1.95 in 2024; short-term debt: 30.7% and cash: 52.3% of total assets), and 31.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
68.1%
Return on assets
6.6%
Age of the figures
12 mo
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 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
187 d late
2023
20 d late
2022
5 d late
2021
20 d late
2020
53 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 15.0%
2024 · €87k
2018: €100k
2019: €113k▲ +13.1% vs 2018
2020: €116k▲ +2.3% vs 2019highest in 8 years
2021: €109k▼ -6.1% vs 2020
2022: €100k▼ -8.1% vs 2021
2023: €89k▼ -11.0% vs 2022
2024: €87k▼ -1.9% vs 2023
2025: €74k▼ -15.0% vs 2024lowest in 8 years
2018 → 2025
Total assets
€109k▼ 39.1%
2024 · €179k
2018: €118k
2019: €143k▲ +21.2% vs 2018
2020: €146k▲ +2.3% vs 2019
2021: €160k▲ +9.3% vs 2020
2022: €163k▲ +1.9% vs 2021
2023: €177k▲ +8.9% vs 2022
2024: €179k▲ +0.9% vs 2023highest in 8 years
2025: €109k▼ -39.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€7k▼ 45.0%
2024 · €13k
2018: €20khighest in 8 years
2019: €15k▼ -25.2% vs 2018
2020: €4k▼ -71.4% vs 2019lowest in 8 years
2021: €7k▲ +56.4% vs 2020
2022: €9k▲ +31.0% vs 2021
2023: €9k▲ +1.2% vs 2022
2024: €13k▲ +49.2% vs 2023
2025: €7k▼ -45.0% vs 2024
2018 → 2025
Working capital
€75k▼ 13.5%
2024 · €87k
2018: €98k
2019: €112k▲ +14.1% vs 2018
2020: €115k▲ +3.5% vs 2019highest in 8 years
2021: €108k▼ -6.5% vs 2020
2022: €100k▼ -7.5% vs 2021
2023: €89k▼ -11.0% vs 2022
2024: €87k▼ -1.9% vs 2023
2025: €75k▼ -13.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€100k▼ 8.1%€89k▼ 11.0%€87k▼ 1.9%€74k▼ 15.0%
2021: €109khighest in 5 years
2022: €100k▼ -8.1% vs 2021
2023: €89k▼ -11.0% vs 2022
2024: €87k▼ -1.9% vs 2023
2025: €74k▼ -15.0% vs 2024lowest in 5 years
Operating result€11k-€14k▲ 27.3%€16k▲ 8.7%€21k▲ 35.2%€13k▼ 37.3%
2021: €11klowest in 5 years
2022: €14k▲ +27.3% vs 2021
2023: €16k▲ +8.7% vs 2022
2024: €21k▲ +35.2% vs 2023highest in 5 years
2025: €13k▼ -37.3% vs 2024
Net result€7k-€9k▲ 31.0%€9k▲ 1.2%€13k▲ 49.2%€7k▼ 45.0%
2021: €7klowest in 5 years
2022: €9k▲ +31.0% vs 2021
2023: €9k▲ +1.2% vs 2022
2024: €13k▲ +49.2% vs 2023highest in 5 years
2025: €7k▼ -45.0% vs 2024
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 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €109k
Equity
€74k ▼ 15.0%
Debt
€35k ▼ 62.0%
Debt's share of the balance-sheet total falls from 51.2% to 31.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.26▲
2024 · 1.95
Quick ratio
3.26▲
2024 · 1.95
Debt to equity
0.47▼
2024 · 1.05
ROE
9.7%▼
2024 · 15.0%
ROA
6.6%▼
2024 · 7.3%
Debt ≤ 1 year
€33k▼
2024 · €92k
Income taxes
€4k▼
2024 · €6k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€179k€109k▼
Current assets29/58€179k€109k▼
Stocks and contracts in progress3€378€183▼
Stocks30/36€378€183▼
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€258€56▼
Current investments50/53€50k€49k▼
Cash at bank and in hand54/58€121k€57k▼
Equity and liabilities
Total equity and liabilities10/49€179k€109k▼
Equity10/15€87k€74k▼
Contributions10/11€6k€6k=
Reserves13€43k€31k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€41k€29k▼
Profit (loss) carried forward14€38k€37k▼
Amounts payable17/49€92k€35k▼
Amounts payable within one year42/48€92k€33k▼
Financial debts43€678-
Credit institutions430/8€678-
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48€82k€23k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Other operating charges640/8€689€641▼
Gross operating margin9900€22k€14k▼
Operating profit (loss)9901€21k€13k▼
Financial income75/76B€203-
Recurring financial income75€203-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€19k€11k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€13k€7k▼
Profit (loss) for the period to be appropriated9905€13k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€45k▼
Profit (loss) brought forward from the previous period14P€38k€38k=
Transfer from equity791/2€15k€19k▲
Transfer to equity691/2€13k€7k▼
To other reserves6921€13k€7k▼
Profit to be distributed694/7€15k€20k▲
Return on contributions (dividend)694€15k€20k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €786 | €658 | - | - | - | - |
| Other operating charges640/8 | €637 | €222 | €643 | €689 | €641 | ▼ 6.9% |
| Gross operating margin9900 | €13k | €15k | €16k | €22k | €14k | ▼ 36.4% |
| Operating profit (loss)9901 | €11k | €14k | €16k | €21k | €13k | ▼ 37.3% |
| Financial income75/76B | €3 | €12 | - | €203 | - | - |
| Recurring financial income75 | €3 | €12 | - | €203 | - | - |
| Financial charges65/66B | €1k | €1k | €2k | €2k | €2k | ▲ 17.9% |
| Recurring financial charges65 | €1k | €1k | €2k | €2k | €2k | ▲ 17.9% |
| Profit (loss) for the period before taxes9903 | €10k | €13k | €13k | €19k | €11k | ▼ 43.8% |
| Income taxes67/77 | €3k | €4k | €5k | €6k | €4k | ▼ 41.4% |
| Profit (loss) for the period9904 | €7k | €9k | €9k | €13k | €7k | ▼ 45.0% |
| Profit (loss) for the period to be appropriated9905 | €7k | €9k | €9k | €13k | €7k | ▼ 45.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160k | €163k | €177k | €179k | €109k | ▼ 39.1% |
| Fixed assets21/28 | €658 | - | - | - | - | - |
| Tangible fixed assets22/27 | €658 | - | - | - | - | - |
| Furniture and vehicles24 | €658 | - | - | - | - | - |
| Current assets29/58 | €159k | €163k | €177k | €179k | €109k | ▼ 39.1% |
| Stocks and contracts in progress3 | €1k | €957 | - | €378 | €183 | ▼ 51.7% |
| Stocks30/36 | €1k | €957 | - | €378 | €183 | ▼ 51.7% |
| Amounts receivable within one year40/41 | €8k | €8k | €22k | €7k | €3k | ▼ 54.4% |
| Trade receivables40 | €8k | €8k | €21k | €6k | €3k | ▼ 53.4% |
| Other amounts receivable41 | - | - | €185 | €258 | €56 | ▼ 78.4% |
| Current investments50/53 | - | €1k | €13k | €50k | €49k | ▼ 3.2% |
| Cash at bank and in hand54/58 | €150k | €153k | €143k | €121k | €57k | ▼ 53.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160k | €163k | €177k | €179k | €109k | ▼ 39.1% |
| Equity10/15 | €109k | €100k | €89k | €87k | €74k | ▼ 15.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €64k | €56k | €45k | €43k | €31k | ▼ 28.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €63k | €54k | €43k | €41k | €29k | ▼ 29.8% |
| Profit (loss) carried forward14 | €38k | €38k | €38k | €38k | €37k | ▼ 2.2% |
| Amounts payable17/49 | €51k | €63k | €88k | €92k | €35k | ▼ 62.0% |
| Amounts payable within one year42/48 | €51k | €63k | €88k | €92k | €33k | ▼ 63.6% |
| Financial debts43 | - | - | €678 | €678 | - | - |
| Credit institutions430/8 | - | - | €678 | €678 | - | - |
| Trade debts44 | €4k | €7k | €14k | €4k | €3k | ▼ 17.9% |
| Suppliers440/4 | €4k | €7k | €14k | €4k | €3k | ▼ 17.9% |
| Taxes, remuneration and social security45 | €7k | €6k | €7k | €5k | €7k | ▲ 48.3% |
| Taxes450/3 | €7k | €6k | €7k | €5k | €7k | ▲ 48.3% |
| Other amounts payable47/48 | €40k | €50k | €67k | €82k | €23k | ▼ 72.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €9k | €9k | €13k | €7k | ▼ 45.0% |
| + Depreciation and write-downs630 | €786 | €658 | - | - | - | - |
| Operating cash flow (approximation) | €7k | €9k | €9k | €13k | €7k | ▼ 45.0% |
| Change in cash | - | €3k | €-10k | €-21k | €-65k | ▼ 203% |
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
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 187 days late
2024
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 20 days late
2021
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €4k ▼71.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €113k ▲13.1%
2 profitable years in a row build equity to €113k.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Evergem · 1 establishment unit since 2011
Ground area
547 m²
Building footprint
119 m²
Volume, LiDAR
451 m³
Parcel 44019C1106/00R000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RL Engineering
since 20112.227.334.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019C1106/00R000 | Flanders | 547 m² | 1 · 119 m² | 5.2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 198 EUR awarded · 396 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 198 EUR | 198 EUR |
| 2023 | 1 | 0 EUR | 198 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,556 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 (pre-2019)
Founded19-12-2011
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
80010Investigation and private security services
Contact
E-mail
rudy@rlengineering.beEvergem
Phone
0471 50 28 03Evergem
Scores and ratios are computed by Checked and are not a credit decision.