RRS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RRS CONSTRUCT is 8.4% (elevated). The annual accounts of RRS CONSTRUCT for financial year 2025 show a net loss of 82% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €17,967 and a net result of -€110,530. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 21% of 5,635 sector peers (NACE 81, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €17,967
- Loss
- -€110,530
Why 31raises riskLast filed accounts filed 31 days late; 3 of the last 3 lateLoss of €110,530 (financial year 2025)Liquidity: current ratio 1.13, cash €2161 change of registered office in 24 monthsShow the evidence
Checked score
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro): better than 21% on solvency, 4% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€110,530
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00462308.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €92,629 after €60,178 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 89.6% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 8.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | - | €1.0m | - |
| Non-recurring operating income76A | - | - | - | - | - | €0.02m | - | €0.02m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | - | €1.1m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €193 | €193 | €48 | €0.001m | €0.001m | €0.001m | €0.003m | €0.003m | ▼ 12.7% |
| Other operating charges640/8 | - | - | - | €0.005m | €0.008m | €0.005m | €0.006m | €0.02m | ▲ 233% |
| Gross operating margin9900 | €0.03m | €0.01m | €0.08m | €0.02m | €0.04m | €0.04m | €0.07m | -€0.07m | - |
| Operating profit (loss)9901 | €0.03m | €0.008m | €0.06m | €0.02m | €0.03m | €0.04m | €0.06m | -€0.09m | - |
| Financial income75/76B | - | - | - | €2 | €0.002m | €0.001m | €170 | €319 | ▲ 87.5% |
| Recurring financial income75 | €140 | €104 | €1 | €2 | €0.002m | €0.001m | €170 | €319 | ▲ 87.5% |
| Financial charges65/66B | - | - | - | €0.003m | €0.005m | €0.01m | €0.01m | €0.02m | ▲ 51.7% |
| Recurring financial charges65 | €0.001m | €0.002m | €0.003m | €0.003m | €0.005m | €0.006m | €0.01m | €0.02m | ▲ 51.7% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.004m | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.03m | €0.007m | €0.06m | €0.01m | €0.03m | €0.03m | €0.05m | -€0.1m | - |
| Income taxes67/77 | €0.007m | €0.004m | €0.008m | €0.007m | €0.01m | €0.02m | €0.02m | - | - |
| Profit (loss) for the period9904 | €0.02m | €0.003m | €0.05m | €0.006m | €0.01m | €0.01m | €0.03m | -€0.1m | - |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.003m | €0.05m | €0.006m | €0.01m | €0.01m | €0.03m | -€0.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €76,248 | €106,459 | €171,816 | €194,347 | €236,064 | €272,430 | €340,480 | €134,558 | ▼ 60.5% |
| Formation expenses20 | €241 | €48 | - | - | - | - | - | - | - |
| Fixed assets21/28 | - | - | €600 | €3,479 | €2,529 | €2,435 | €5,308 | €2,407 | ▼ 54.7% |
| Tangible fixed assets22/27 | - | - | - | €2,879 | €1,929 | €1,835 | €3,358 | €457 | ▼ 86.4% |
| Furniture and vehicles24 | - | - | - | €2,879 | €1,929 | €1,835 | €3,358 | €457 | ▼ 86.4% |
| Financial fixed assets28 | - | - | €600 | €600 | €600 | €600 | €1,950 | €1,950 | = |
| Current assets29/58 | €76,007 | €106,411 | €171,216 | €190,869 | €233,536 | €269,995 | €335,173 | €132,151 | ▼ 60.6% |
| Amounts receivable within one year40/41 | €66,169 | €97,276 | €106,505 | €153,512 | €214,100 | €227,632 | €331,681 | €128,668 | ▼ 61.2% |
| Trade receivables40 | - | - | - | €146,902 | €204,633 | €208,321 | €321,470 | €119,637 | ▼ 62.8% |
| Other amounts receivable41 | - | - | - | €6,610 | €9,467 | €19,310 | €10,211 | €9,031 | ▼ 11.6% |
| Cash at bank and in hand54/58 | €9,838 | €8,470 | €63,907 | €33,932 | €17,246 | €39,640 | - | €216 | - |
| Deferred charges and accrued income490/1 | - | - | - | €3,426 | €2,190 | €2,723 | €3,492 | €3,268 | ▼ 6.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €76,248 | €106,459 | €171,816 | €194,347 | €236,064 | €272,430 | €340,480 | €134,558 | ▼ 60.5% |
| Equity10/15 | €37,159 | €40,335 | €62,523 | €68,371 | €83,075 | €97,424 | €128,497 | €17,967 | ▼ 86.0% |
| Contributions10/11 | €9,400 | €9,400 | - | €9,400 | €9,400 | €9,400 | €9,400 | €11,260 | ▲ 19.8% |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €72,860 | €87,860 | €118,860 | €117,000 | ▼ 1.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €71,000 | €86,000 | €117,000 | €117,000 | = |
| Profit (loss) carried forward14 | €25,899 | €29,075 | €51,263 | €57,111 | €815 | €164 | €237 | -€110,293 | - |
| Amounts payable17/49 | €39,090 | €66,124 | €109,293 | €125,976 | €152,990 | €175,006 | €211,983 | €116,591 | ▼ 45.0% |
| Amounts payable after more than one year17 | - | €17,554 | €11,362 | €4,953 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €4,953 | - | - | - | - | - |
| Amounts payable within one year42/48 | €38,590 | €48,570 | €97,931 | €121,023 | €152,990 | €174,977 | €211,961 | €116,591 | ▼ 45.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,409 | €4,953 | - | - | - | - |
| Financial debts43 | - | - | - | €2,631 | €14,289 | €7,475 | €45,705 | €47,374 | ▲ 3.7% |
| Credit institutions430/8 | - | - | - | €1,083 | €14,289 | €7,475 | €45,705 | €47,374 | ▲ 3.7% |
| Other loans439 | - | - | - | €1,548 | - | - | - | - | - |
| Trade debts44 | €25,810 | €21,886 | €42,329 | €75,968 | €34,114 | €118,701 | €102,662 | €11,053 | ▼ 89.2% |
| Suppliers440/4 | - | - | - | €75,968 | €34,114 | €118,701 | €102,662 | €11,053 | ▼ 89.2% |
| Advances received on contracts in progress46 | - | - | - | - | €31,250 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €31,467 | €24,564 | €19,801 | €20,909 | €39,992 | ▲ 91.3% |
| Taxes450/3 | - | - | - | €10,737 | €24,564 | €15,529 | €20,909 | €10,423 | ▼ 50.2% |
| Remuneration and social security454/9 | - | - | - | €20,730 | - | €4,272 | - | €29,569 | - |
| Other amounts payable47/48 | - | - | - | €4,548 | €43,820 | €29,000 | €42,685 | €18,173 | ▼ 57.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €29 | €22 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,384 | €3,177 | €47,187 | €5,849 | €14,703 | €14,350 | €31,073 | -€110,530 | - |
| + Depreciation and write-downs630 | €193 | €193 | €48 | €921 | €950 | €1,292 | €3,321 | €2,901 | ▼ 12.7% |
| Operating cash flow (approximation) | €19,577 | €3,370 | €47,236 | €6,770 | €15,653 | €15,642 | €34,394 | -€107,629 | - |
| Investment in fixed assets (approximation) | - | - | - | -€3,800 | €0 | -€1,199 | -€6,194 | €0 | - |
| Change in cash | - | -€1,368 | €55,437 | -€29,976 | -€16,685 | €22,394 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00462308 |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00510695 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00450492 |
| 31-12-2022 | micro format | 01-07-2023 | 2023-00202485 |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20152913 |
| 31-12-2020 | micro format | 22-06-2021 | 2021-23000093 |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22700385 |
| 31-12-2018 | micro format | 25-06-2019 | 2019-24200524 |
| 31-12-2017 | micro format | 15-06-2018 | 2018-19200422 |
| 31-12-2016 | micro format | 29-06-2017 | 2017-23500420 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| RIBEIRO DA SILVA Regivan |
|
Owners and capital
Capital and shareholders
- 07-05-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-12
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 22-11-2024
- Registered-office move, Avenue Keersbeek,203-205 à 1190 Bruxelles
07-05
Gazette deed
Resignation: RIBEIRO DA SILVA Regivan (manager)Appointment: RIBEIRO DA SILVA Regivan (director) · Director discharge · Declaration11 facts ▸
- General meeting, 26-04-2024
- Director resignation, RIBEIRO DA SILVA Regivan (manager)
- Director discharge, RIBEIRO DA SILVA Regivan (manager)
- Director appointment, RIBEIRO DA SILVA Regivan (director (not named in the articles))
- Declaration, “acceptation de fonction d'administrateur” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible et fonds rendus disponibles pour distribution”, 20460 (deed in French)
- Approval, “élargissement des activités, rapport de l'administrateur conformément à l'article 5:101 du Code des sociétés et des associations relatif à la modification de l'…” (deed in French)
- Purpose change
- Amendment of the articles (2 times)
- Capital
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0506.718.892
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21384D0266/00M006 | Brussels | 825 m² | 1 · 162 m² | 7.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RRS CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, Organe d’administration” (deed in French)“Fixe ou proportionnelle, portée aux frais généraux,indépendamment des frais de représentation,voyages et déplacements” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of April at 18:00