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RL ENGINEERING

Active
Private limited company (pre-2019)founded 201114 yrs activeVeeweg 58, 9940 Evergem, BelgiumKBO/BCE: BE 0842.046.013
Summary

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 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
86 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
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 riskneutral
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
Sector 62
lower
← 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 2025
Solvency, 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
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 filings
Deviation 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 months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, micro schema

Equity
€74k▼ 15.0%
2024 · €87k
2018: €100k 2019: €113k 2020: €116k 2021: €109k 2022: €100k 2023: €89k 2024: €87k
2018 → 2025
Total assets
€109k▼ 39.1%
2024 · €179k
2018: €118k 2019: €143k 2020: €146k 2021: €160k 2022: €163k 2023: €177k 2024: €179k
2018 → 2025
Net result
€7k▼ 45.0%
2024 · €13k
2018: €20k 2019: €15k 2020: €4k 2021: €7k 2022: €9k 2023: €9k 2024: €13k
2018 → 2025
Working capital
€75k▼ 13.5%
2024 · €87k
2018: €98k 2019: €112k 2020: €115k 2021: €108k 2022: €100k 2023: €89k 2024: €87k
2018 → 2025
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%
Operating result€11k-€14k▲ 27.3%€16k▲ 8.7%€21k▲ 35.2%€13k▼ 37.3%
Net result€7k-€9k▲ 31.0%€9k▲ 1.2%€13k▲ 49.2%€7k▼ 45.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2021: €11k€11kNet result 2021: €7k€7kOperating result 2022: €14k€14kNet result 2022: €9k€9kOperating result 2023: €16k€16kNet result 2023: €9k€9kOperating result 2024: €21k€21kNet result 2024: €13k€13kOperating result 2025: €13k€13kNet result 2025: €7k€7k20212022202320242025€0€10k€20kOperating result 2023: €16k€16kNet result 2023: €9k€8.7kOperating result 2024: €21k€21kNet result 2024: €13k€13kOperating result 2025: €13k€13kNet result 2025: €7k€7.2k202320242025
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
2025 value · change against 2024
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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
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.

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
establishment The establishment unit on the map
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.

Veeweg 589940 Evergem
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
Veeweg 58, 9940 EvergemGeneral electrical installation work
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
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.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 198 EUR awarded · 396 EUR paid
Year Entries awardedpaid
2024 1 198 EUR198 EUR
2023 1 0 EUR198 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 198 EUR · 396 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,561 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 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
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

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

Contact details

2 entries
E-mail:rudy@rlengineering.be
Establishment Evergem 2.227.334.784
Phone:0471 50 28 03
Establishment Evergem 2.227.334.784