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RS ADVICE

Active
Private limited companyfounded 197155 yrs activeKerkhovenakker laan A 36, 2960 Brecht, BelgiumKBO/BCE: BE 0407.911.625
Summary

RS ADVICE has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,764 and a net result of €19,006. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 3521 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability89▲+15
Solvency73▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 6.4 against 1.99 in 2024; short-term debt: 15.3% and cash: 3% of total assets), but 52.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 55 years 0 60 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% 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 2025
Solvency, return and age of the figures
Solvency
47.7%
Return on assets
19%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
4 d late
2023
35 d early
2022
34 d early
2021
on the day
2018
17 d early
2017
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 26 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 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

History

RS ADVICE was incorporated on 16 January 1971.1 Total assets rose from EUR 83,431 in 2021 to EUR 100,053 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€47,764▼ 4.8%
2024 · €50,164
Total assets
€100,053▲ 7.7%
2024 · €92,881
Net result
€19,006▲ 404%
2024 · €3,768
Working capital
€82,606▲ 94.4%
2024 · €42,487
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€12,874-€40,309€24,032▼ 40.4%€6,341▼ 73.6%€34,978▲ 452%
Net result-€13,002below the sector's middle half-€39,733above the sector's middle half€21,055within the sector's middle half▼ 47.0%€3,768within the sector's middle half▼ 82.1%€19,006within the sector's middle half▲ 404%
Equity-€14,392below the sector's middle half-€25,341within the sector's middle half€46,396within the sector's middle half▲ 83.1%€50,164within the sector's middle half▲ 8.1%€47,764within the sector's middle half▼ 4.8%
Total assets€83,431within the sector's middle half-€84,902within the sector's middle half▲ 1.8%€61,840within the sector's middle half▼ 27.2%€92,881within the sector's middle half▲ 50.2%€100,053within the sector's middle half▲ 7.7%
Debt€97,823-€59,561▼ 39.1%€15,444▼ 74.1%€42,717▲ 177%€52,289▲ 22.4%
Working capital-€14,392below the sector's middle half-€25,341within the sector's middle half€45,999within the sector's middle half▲ 81.5%€42,487within the sector's middle half▼ 7.6%€82,606above the sector's middle half▲ 94.4%
Solvency-17.3%below the sector's middle half-29.8%within the sector's middle half▲ 47.1pp75.0%above the sector's middle half▲ 45.2pp54.0%within the sector's middle half▼ 21.0pp47.7%within the sector's middle half▼ 6.3pp
Current ratio0.85below the sector's middle half-1.43within the sector's middle half▲ 0.573.98above the sector's middle half▲ 2.551.99within the sector's middle half▼ 1.986.40above the sector's middle half▲ 4.41
Return on assets (ROA)-15.6%below the sector's middle half-46.8%above the sector's middle half▲ 62.4pp34.0%above the sector's middle half▼ 12.8pp4.1%within the sector's middle half▼ 30.0pp19.0%within the sector's middle half▲ 14.9pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€12,874-€12,874Net result 2021: -€13,002-€13,002Operating result 2022: €40,309€40,309Net result 2022: €39,733€39,733Operating result 2023: €24,032€24,032Net result 2023: €21,055€21,055Operating result 2024: €6,341€6,341Net result 2024: €3,768€3,768Operating result 2025: €34,978€34,978Net result 2025: €19,006€19,00620212022202320242025€0€10,000€20,000€30,000Operating result 2023: €24,032€24,000Net result 2023: €21,055€21,100Operating result 2024: €6,341€6,340Net result 2024: €3,768€3,770Operating result 2025: €34,978€35,000Net result 2025: €19,006€19,000202320242025
The operating result recovers in 2025; 2025 is 452% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,053
Fixed assets €2,158 ▼ 71.9%
Current assets €97,895 ▲ 14.9%
Equity and liabilities €100,053
Equity €47,764 ▼ 4.8%
Debt €52,289 ▲ 22.4%
Debt's share of the balance-sheet total rises from 46.0% to 52.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35,445▲
2024 · €6,695
Cash flow
€19,473▲
2024 · €4,121
Debt to equity
1.09▲
2024 · 0.85
ROE
39.8%▲
2024 · 7.5%
Interest coverage
5.59▼
2024 · 27.03
Debt ≤ 1 year
€15,289▼
2024 · €42,717
Debt > 1 year
€37,000
Income taxes
€9,645▲
2024 · €3,056
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 31,371 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€92,881€100,053▲
Fixed assets21/28€7,677€2,158▼
Tangible fixed assets22/27€7,677€2,158▼
Plant, machinery and equipment23€907€468▼
Furniture and vehicles24€6,770-
Other tangible fixed assets26-€1,690
Current assets29/58€85,204€97,895▲
Amounts receivable within one year40/41€50,134€56,427▲
Trade receivables40€21,665€56,427▲
Other amounts receivable41€28,469-
Current investments50/53€31,249€38,499▲
Cash at bank and in hand54/58€3,186€2,969▼
Deferred charges and accrued income490/1€634-
Equity and liabilities
Total equity and liabilities10/49€92,881€100,053▲
Equity10/15€50,164€47,764▼
Contributions10/11€85,592€64,186▼
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859-
Reserves not available under the articles1311€1,859-
Distributable reserves133-€1,859
Profit (loss) carried forward14-€37,287-€18,281▲
Amounts payable17/49€42,717€52,289▲
Amounts payable after more than one year17-€37,000
Financial debts170/4-€37,000
Amounts payable within one year42/48€42,717€15,289▼
Trade debts44€37,109€5,301▼
Suppliers440/4€37,109€5,301▼
Taxes, remuneration and social security45€5,607€9,989▲
Taxes450/3€5,607€9,989▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€354€467▲
Other operating charges640/8€1,470€11,524▲
Gross operating margin9900€8,165€46,969▲
Operating profit (loss)9901€6,341€34,978▲
Financial income75/76B€730€17▼
Recurring financial income75€730€17▼
Financial charges65/66B€248€6,343▲
Recurring financial charges65€248€6,343▲
Profit (loss) for the period before taxes9903€6,823€28,652▲
Income taxes67/77€3,056€9,645▲
Profit (loss) for the period9904€3,768€19,006▲
Profit (loss) for the period to be appropriated9905€3,768€19,006▲
Appropriation of the result
Profit (loss) to be appropriated9906-€37,287-€18,281▲
Profit (loss) brought forward from the previous period14P-€41,055-€37,287▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295-€199€354€467▲ 32.0%
Other operating charges640/8-€1,146€2,904€1,470€11,524▲ 684%
Gross operating margin9900-€132€41,455€27,135€8,165€46,969▲ 475%
Operating profit (loss)9901-€12,874€40,309€24,032€6,341€34,978▲ 452%
Financial income75/76B-€237€26€730€17▼ 97.7%
Recurring financial income75-€237€26€730€17▼ 97.7%
Financial charges65/66B-€289€1,164€248€6,343▲ 2,461%
Recurring financial charges65€128€289€1,164€248€6,343▲ 2,461%
Profit (loss) for the period before taxes9903-€13,002€40,258€22,895€6,823€28,652▲ 320%
Income taxes67/77-€525€1,840€3,056€9,645▲ 216%
Profit (loss) for the period9904-€13,002€39,733€21,055€3,768€19,006▲ 404%
Profit (loss) for the period to be appropriated9905-€13,002€39,733€21,055€3,768€19,006▲ 404%
Line20212022202320242025Change
Assets
Total assets20/58€83,431€84,902€61,840€92,881€100,053▲ 7.7%
Fixed assets21/28--€397€7,677€2,158▼ 71.9%
Tangible fixed assets22/27--€397€7,677€2,158▼ 71.9%
Plant, machinery and equipment23--€397€907€468▼ 48.4%
Furniture and vehicles24---€6,770--
Other tangible fixed assets26----€1,690-
Current assets29/58€83,431€84,902€61,443€85,204€97,895▲ 14.9%
Amounts receivable within one year40/41€69,878€64,174€31,120€50,134€56,427▲ 12.6%
Trade receivables40-€63,680€30,655€21,665€56,427▲ 160%
Other amounts receivable41-€494€465€28,469--
Current investments50/53€13,250€19,249€25,249€31,249€38,499▲ 23.2%
Cash at bank and in hand54/58€303€279€3,072€3,186€2,969▼ 6.8%
Deferred charges and accrued income490/1-€1,199€2,002€634--
Equity and liabilities
Total equity and liabilities10/49€83,431€84,902€61,840€92,881€100,053▲ 7.7%
Equity10/15-€14,392€25,341€46,396€50,164€47,764▼ 4.8%
Contributions10/11-€85,592€85,592€85,592€64,186▼ 25.0%
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859--
Reserves not available under the articles1311-€1,859€1,859€1,859--
Distributable reserves133----€1,859-
Profit (loss) carried forward14-€101,843-€62,110-€41,055-€37,287-€18,281▲ 51.0%
Amounts payable17/49€97,823€59,561€15,444€42,717€52,289▲ 22.4%
Amounts payable after more than one year17----€37,000-
Financial debts170/4----€37,000-
Amounts payable within one year42/48€97,823€59,561€15,444€42,717€15,289▼ 64.2%
Trade debts44€8,593€5,130€4,638€37,109€5,301▼ 85.7%
Suppliers440/4-€5,130€4,638€37,109€5,301▼ 85.7%
Taxes, remuneration and social security45-€11,672€2,093€5,607€9,989▲ 78.1%
Taxes450/3-€11,672€2,093€5,607€9,989▲ 78.1%
Other amounts payable47/48-€42,759€8,713---
Line20212022202320242025Change
Profit (loss) for the period9904-€13,002€39,733€21,055€3,768€19,006▲ 404%
+ Depreciation and write-downs630€295-€199€354€467▲ 32.0%
Operating cash flow (approximation)-€12,708€39,733€21,254€4,121€19,473▲ 372%
Investment in fixed assets (approximation)----€7,633€5,052▲ 166%
Change in cash--€25€2,793€115-€217▼ 289%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Liquidity triplescurrent ratio 6.40
Current ratio from 1.99 to 6.40; short-term debt falls from €42,717 to €15,289.
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2023
27-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Liquidity triplescurrent ratio 3.98
Current ratio from 1.43 to 3.98; short-term debt falls from €59,561 to €15,444.
2022
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Back to profitnet €39,733
Net result €39,733 after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2015
28-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
30-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
17-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Brecht · 1 establishment unit since 1971
seat establishment The establishment unit on the map
Ground area
677 m²
Building footprint
94 m²
Parcel 11333D0827/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Kerkhovenakker laan A 36, 2960 Brecht
Computing infrastructure, data processing, hosting and other information service activities
since 19712.005.298.717
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11333D0827/00E000 Flanders 677 m² 1 · 94 m² -
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.

Similar companies · same sector, comparable size

Of 4,551 companies in sector 74999 we hold annual accounts for 1,933. 1,513 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
Founded16-01-1971
Fiscal year end30-06
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0407911625
Also 9925:BE0407911625
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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