RPCS
Open bankruptcyA bankruptcy procedure is open for RPCS according to publications in the Belgian State Gazette; curator: BRANDAAN MOMBAERS.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-05-2022, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
64 d early
2020
234 d late
2019
168 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€101k▲ 165%
2020 · €38k
2018: €323
2019: €7k
2020: €38k
2018 → 2021
Total assets
€113k▲ 142%
2020 · €47k
2018: €323
2019: €80k
2020: €47k
2018 → 2021
Net result
€63k▲ 152%
2020 · €25k
2018: €-399
2019: €7k
2020: €25k
2018 → 2021
Working capital
€101k▲ 169%
2020 · €37k
2019: €6k
2020: €37k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€323-€7k▲ 2,042%€38k▲ 450%€101k▲ 165%
Operating result€-443-€7k€28k▲ 331%€77k▲ 172%
Net result€-399-€7k€25k▲ 278%€63k▲ 152%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2021 is 172% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €113k
Fixed assets
€423▼ 33.3%
Current assets
€112k▲ 144%
Equity and liabilities €113k
Equity
€101k▲ 165%
Debt
€12k▲ 37.0%
The debt ratio falls from 18.3% to 10.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77k▲
2020 · €29k
Cash flow
€63k▲
2020 · €25k
Solvency
89.6%▲
2020 · 81.7%
Current ratio
9.58▲
2020 · 5.38
Quick ratio
9.58▲
2020 · 5.38
Debt / equity
0.12
ROE
62.3%▼
2020 · 65.5%
ROA
55.8%▲
2020 · 53.5%
Interest coverage
558.72
Debt
€12k▲
2020 · €9k
Debt ≤ 1 year
€12k▲
2020 · €9k
Income taxes
€14k▲
2020 · €3k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€47k€113k▲
Fixed assets21/28€634€423▼
Tangible fixed assets22/27€634€423▼
Plant, machinery and equipment23-€423
Current assets29/58€46k€112k▲
Amounts receivable within one year40/41€46k€71k▲
Trade receivables40-€70k
Other amounts receivable41-€852
Cash at bank and in hand54/58-€41k
Equity and liabilities
Total equity and liabilities10/49€47k€113k▲
Equity10/15€38k€101k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Profit (loss) carried forward14€19k€82k▲
Amounts payable17/49€9k€12k▲
Amounts payable within one year42/48€9k€12k▲
Trade debts44€6k€8k▲
Suppliers440/4-€8k
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€211€211=
Other operating charges640/8-€853
Gross operating margin9900€30k€78k▲
Operating profit (loss)9901€28k€77k▲
Financial charges65/66B-€139
Recurring financial charges65€165€139▼
Profit (loss) for the period before taxes9903€28k€77k▲
Income taxes67/77€3k€14k▲
Profit (loss) for the period9904€25k€63k▲
Profit (loss) for the period to be appropriated9905€25k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€82k
Profit (loss) brought forward from the previous period14P-€19k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · RPCS BV LOUIZALAAN 209 BUS 7, 1050 BRUSSEL 5 · event 20-08-2024
05-06
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: RPCS BV- LOUIZALAAN 209/7, 1050 BRUSSEL 5
2022
28-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 234 days late
2021
31-12
Financial
Highest result since 2018net €63k ▲152%
Operating result €77k, net result €63k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲165%
3 profitable years in a row build equity to €101k.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 168 days late
2020
31-12
Financial
Liquidity times 5current ratio 5.38
Current ratio from 1.08 to 5.38; short-term debt falls from €73k to €9k.
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 152 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 215 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 568 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 926 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRANDAAN MOMBAERS LAKENSESTRAAT 154/11,
1000 BRUSSEL 1 |
20-08-2024 → present |