RR93
The computed 12-month bankruptcy probability of RR93 is 1.4% (low). The 2024 annual accounts show negative equity (€-798k) and a net result of €-771k. Equity is shrinking by ~37% per year across the filed fiscal years. Its solvency ranks better than 12% of 765 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-798k |
| Net result | €-771k |
| Better than sector | 12% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -9.8% | 16.2% | |
| Net result | €-771k | €-2k | |
| Equity | €-798k | €128k | |
| Gross operating margin | €-27k | €45k | |
| Total assets | €8.13M | €1.71M |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-140k |
| Net profit | €-771k |
| Cash flow | €-656k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €8.13M |
| Equity | €-798k |
| Debt | €8.93M |
| of which ≤ 1y | €6.12M |
| of which > 1y | €2.80M |
| Working capital | €-5.68M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.07 |
| Quick ratio | 0.07 |
| Working capital ratio | -69.9% |
| Solvency | -9.8% |
| Debt / equity | -11.19 |
| Long-term debt ratio | -3.51 |
| Interest coverage | -0.27 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.5% |
| ROE | 96.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8.13M |
| Fixed assets | 21/28 | €7.70M |
| Tangible fixed assets | 22/27 | €7.70M |
| Current assets | 29/58 | €436k |
| Amounts receivable within one year | 40/41 | €49k |
| Cash & bank | 54/58 | €387k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.13M |
| Equity | 10/15 | €-798k |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-860k |
| Amounts payable | 17/49 | €8.93M |
| Amounts payable after one year | 17 | €2.80M |
| Amounts payable within one year | 42/48 | €6.12M |
| Trade debts payable within one year | 44 | €120k |
| Income statement | ||
| Gross operating margin | 9900 | €-27k |
| Operating result | 9901 | €-254k |
| Financial charges | 65 | €517k |
| Result before taxes | 9903 | €-771k |
| Net result for the period | 9904 | €-771k |
| Result to be appropriated | 9905 | €-771k |
| NACE primary | Real estate rental(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 02-04-2021 |
| Status | Active |
| Postal code | 1170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0165/00Y007 | Brussels | 2,183 m² | 1 · 716 m² | 19.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-09-2024 1 director appointed, 1 resigning
- Christophe Verstraete, Bestuurder
- Christophe Verstraete, Bestuurder
Technical details
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"profession": null,
"birth_place": "Roulers"
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2024-06-05",
"evidence_quote": "Le proc\u00E8s-verbal de l\u0027Assembl\u00E9e G\u00E9n\u00E9rale du 5 juin 2024 fait \u00E9tat de la fin des mandats d\u0027administrateur de Monsieur Christophe Verstraete \u00E0 la date de l\u0027assembl\u00E9e g\u00E9n\u00E9rale.",
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},
{
"kind": "director_in",
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},
"reason": null,
"subkind": "successor_conditional",
"via_org": {
"kbo": "0794.212.046",
"name": "Vesta Group SA",
"address": null,
"country": "BE",
"legal_form": "SA"
},
"statutory": "statutair",
"compensated": null,
"effective_date": "2024-06-05",
"evidence_quote": "Ce proc\u00E8s-verbal fait \u00E9galement \u00E9tat de la nomination du nouveaux administrateur suivant \u00E0 partir de 5/6/24 jusq\u0027a 31/03/2027:",
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}
],
"notary": {
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"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-09-25",
"filing_date": "2024-09-17",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-06-05",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0766.340.976",
"name_full": "RR93",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Patricia Schautteet",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | RR93 |